Shriram General Insurance Management Trainee Salaries by 20+ Employees

0 - 2 years exp.

₹2.6 Lakhs - ₹6.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

33% less than the average Management Trainee Salary in Insurance Companies for 0 - 2 years of experience

Interested in this particular role?

Salaries in different departments

Marketing & Communication Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹4 L/yr - ₹6 L/yr
Sales & Business Development Management Trainee Salary 1 - 2 years exp. (3 salaries)	₹5.7 L/yr - ₹10 L/yr
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Data Science & Analytics Management Trainee Salary Fresher (AmbitionBox Estimate)	₹4.9 L/yr - ₹6 L/yr
Finance & Accounting Management Trainee Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.6 L/yr

Last Updated: 26 Dec 2024

Companies similar to Shriram General Insurance for Management Trainee

Company name	Avg Annual Salary	Open Jobs
Axa XL Management Trainee Salary 0 - 4 years exp. (23 salaries)	₹8.2 L/yr - ₹12 L/yr 124% more
Cholamandalam MS General Insurance Management Trainee Salary 0 - 2 years exp. (17 salaries)	₹3.5 L/yr - ₹8 L/yr 5% more
Login to view exact salary
Magma HDI General Insurance Management Trainee Salary 0 - 1 year exp. (17 salaries)	₹4 L/yr - ₹8.5 L/yr 23% more
Marsh Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹9.5 L/yr - ₹17 L/yr 147% more
Allianz Partners Management Trainee Salary 0 - 7 years exp. (13 salaries)	₹2.7 L/yr - ₹4.7 L/yr 20% less
Bharti AXA Life Insurance Management Trainee Salary 0 - 1 year exp. (14 salaries)	₹0.6 L/yr - ₹6 L/yr 4% less
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹3 L/yr - ₹12 L/yr 55% more
Liberty General Insurance Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹5 L/yr - ₹10.5 L/yr 61% more
Future Generali India Life Insurance Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹3.4 L/yr - ₹9.9 L/yr 45% more
Aviva Life Insurance India Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 27% more
Edelweiss Life Insurance Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹4.5 L/yr - ₹13 L/yr 89% more
Login to view exact salary
Universal Sompo General Insurance Management Trainee Salary Fresher (6 salaries)	₹3.5 L/yr - ₹7 L/yr 5% less
IndiaFirst Life Insurance Management Trainee Salary 0 - 4 years exp. (5 salaries)	₹10 L/yr - ₹15 L/yr 150% more
Royal Sundaram General Insurance Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹2.4 L/yr - ₹10.8 L/yr 18% more
ManipalCigna Health Insurance Management Trainee Salary Fresher (5 salaries)	₹8 L/yr - ₹9 L/yr 64% more
CignaTTk Health Insurance Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹9 L/yr 1% more
Medi Assist India Management Trainee Salary 0 - 14 years exp. (3 salaries)	₹3.5 L/yr - ₹9.5 L/yr 48% more

Management Trainee salary at Shriram General Insurance ranges between ₹2.6 Lakhs to ₹6.8 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 25 latest salaries received from various employees of Shriram General Insurance.

Latest annual salaries shared by Shriram General Insurance Management Trainee

3w ago

₹5.5 Lakhs

2 years exp.

1mo ago

₹10 Lakhs

2 years exp.

1mo ago

₹10 Lakhs

2 years exp.

1mo ago

₹6 Lakhs

4 months exp.

4mo ago

₹5.2 Lakhs

2 years exp.

6mo ago

2 years exp.

8mo ago

1 year exp.

10mo ago

1 year exp.

10mo ago

1 year exp.

10mo ago

1 year exp.

Experience wise Shriram General Insurance Management Trainee salaries

Last Updated: 26 Dec 2024

Experience	Avg Annual Salary
Fresher (5 salaries)	₹4.5 L/yr - ₹6 L/yr
1 year (13 salaries)	₹2.6 L/yr - ₹9.4 L/yr
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2 years (7 salaries)	₹3 L/yr - ₹8.9 L/yr

Similar Designation salaries in Shriram General Insurance

Finance Executive Salary

(4 salaries)

₹1.97 L/yr - ₹3.15 L/yr

Accountant Salary

(17 salaries)

₹1.8 L/yr - ₹4.7 L/yr

Team Lead Salary

(5 salaries)

₹2.9 L/yr - ₹4 L/yr

Accounts Officer Salary

(3 salaries)

₹2 L/yr - ₹5 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Senior Associate Salary

(4 salaries)

₹3 L/yr - ₹3.8 L/yr

Deputy Manager Salary

(62 salaries)

₹4 L/yr - ₹7.75 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Account Assistant Salary

(4 salaries)

₹2 L/yr - ₹2.3 L/yr

Relationship Manager Salary

(7 salaries)

₹2.3 L/yr - ₹3.2 L/yr

Salary related reviews for Shriram General Insurance

2.4

Rated by 6 employees for salary & benefits

Deputy Manager in Jaipur

Theft Claims Department

3.0

• posted on 21 Sep 2019

2.0

for Salary and Benefits

Likes

The company never gives mental stress to there employees. The work culture is good. Apart from the company policy. My boss always taught us the lessons of life. How to deal with professional & personal life. There is no hire & fire policy in the company if you are an hard worker. I also like the re-hire policy of the company.

Job security - Excellent

+2 more

Dislikes

Compensation is very less & growth is also very slow. There is no internal training programs for the employees. There is too much chaplusi done by some persons of senior members due to which the worth keeping person never uplift by the company.

Salary - Poor

Marketing Executive in Kochi

Full Time

Sales & Business Development Department

2.0

• posted on 27 Dec 2024

1.0

for Salary and Benefits

Likes

Company growth is high rate. So job security is very high . Excellent traning and advanced technology

Skill development - Good

+2 more

Dislikes

...to stress and imbalance. Difficulty in tracking and obtaining incentives fairly. Salary packages do not align with the amount and quality of work expected.

Salary - Bad

+2 more

Assistant Manager in Barasat

Full Time

Marketing & Communication Department

1.0

• posted on 23 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing to like in this company

Dislikes

I have work here for one month and they didn't give me salary after that I have resigned and they threatened me that I have signed bond of 2 years and company will file a case against me and demanding 6 month salary from me the work culture is very bad upper management use bad language

Salary - Bad

+6 more

Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 10 Oct 2023

1.0

for Salary and Benefits

Likes

Learning

Dislikes

...r increasing group companies profit. So employees are under tremendous pressure. Salary is very low comparing to Industry standard. They are forcefully making employees buy there LI policies which is high priced.

Salary - Bad

+4 more

Accounts Executive And Cashier in Paradip

Full Time

Finance & Accounting Department

2.0

• posted on 12 Oct 2022

1.0

for Salary and Benefits

Likes

Nothing much to say.

Skill development - Good

Dislikes

Working in SGI is not satisfactory as the salary is low compared to others peers in same domain in other peer companies and they will make you work late hours for which no incentives is given, at the same time promotions and appraisal is pathetic. You have to forget about appraisal if your working in this company.

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Shriram General Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at Shriram General Insurance ?

The average salary of a Management Trainee at Shriram General Insurance in India typically ranges from ₹2.6 Lakhs to ₹6.8 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Management Trainee at Shriram General Insurance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Management Trainee Salaries at Shriram General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 20+ Shriram General Insurance employees in India.

What is the estimated take home salary of a Management Trainee at Shriram General Insurance in India?

The estimated take-home salary of a Management Trainee at Shriram General Insurance in India typically ranges from ₹37,106 to ₹38,314 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from Fresher to 2 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Shriram General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shriram General Insurance for Management Trainee in India?

IndiaFirst Life Insurance	₹10.0 Lakhs to ₹15.0 Lakhs per year
Marsh	₹9.5 Lakhs to ₹17.0 Lakhs per year
Axa XL	₹8.2 Lakhs to ₹12.0 Lakhs per year
Edelweiss Life Insurance	₹4.5 Lakhs to ₹13.0 Lakhs per year
ManipalCigna Health Insurance	₹8.0 Lakhs to ₹9.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shriram General Insurance, depending on the role and experience level.

What is the salary of a Management Trainee in companies similar to Shriram General Insurance in India?

The salary of a Management Trainee at companies similar to Shriram General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Liberty General Insurance	₹5.0 Lakhs to ₹10.5 Lakhs per year
Aditya Birla Health Insurance Co	₹3.0 Lakhs to ₹12.0 Lakhs per year
Medi Assist India	₹3.5 Lakhs to ₹9.5 Lakhs per year
Future Generali India Life Insurance	₹3.4 Lakhs to ₹9.9 Lakhs per year
Aviva Life Insurance India	₹4.0 Lakhs to ₹10.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Management Trainee at Shriram General Insurance in India?

The salary growth for a Management Trainee at Shriram General Insurance depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Shriram General Insurance:

Experience	Average Salary Range
Fresher	₹4.5 Lakhs to ₹6.0 Lakhs per year
1 year	₹2.6 Lakhs to ₹9.4 Lakhs per year
2 years	₹3.0 Lakhs to ₹8.9 Lakhs per year

and so on.

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Shriram General Insurance Management Trainee Salaries by Location

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Shriram General Insurance Management Trainee Salaries

Shriram General Insurance Management Trainee salary in India ranges between ₹2.6 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Shriram General Insurance latest salaries received from various employees of Shriram General Insurance.

Shriram General Insurance Management Trainee salaries in India

Companies similar to Shriram General Insurance for Management Trainee

Latest annual salaries shared by Shriram General Insurance Management Trainee

Experience wise Shriram General Insurance Management Trainee salaries

Similar Designation salaries in Shriram General Insurance

Salary related reviews for Shriram General Insurance

Deputy Manager in Jaipur

Marketing Executive in Kochi

Assistant Manager in Barasat

Branch Manager in Jaipur

Accounts Executive And Cashier in Paradip

Shriram General Insurance Management Trainee Salary FAQs

Tell us how to improve this page.

Shriram General Insurance Management Trainee Salaries by Location