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Tata AIA Life Insurance Management Trainee salaries in Mumbai (Updated 2025)

Annual salary range
0 - 4 years exp.
₹9 Lakhs - ₹20 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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52% more than the average Management Trainee Salary in Insurance Companies for 0 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Management Trainee Salary
0 - 1 year exp. (6 salaries)
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₹9 L/yr - ₹18 L/yr

Marketing & Communication
Management Trainee Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹12.4 L/yr - ₹18.6 L/yr

Legal & Regulatory
Management Trainee Salary
0 - 2 years exp. (AmbitionBox Estimate)
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₹14.9 L/yr - ₹15.7 L/yr

BFSI, Investments & Trading
Management Trainee Salary
Fresher (AmbitionBox Estimate)
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₹10.4 L/yr - ₹18 L/yr

Customer Success, Service & Operations
Management Trainee Salary
1 year exp. (AmbitionBox Estimate)
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₹16.2 L/yr - ₹18.6 L/yr

View all

Last Updated: 20 Mar 2025

Companies similar to Tata AIA Life Insurance for Management Trainee in Mumbai

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Tata AIA Life Insurance Management Trainee Salary

0 - 4 years exp. (31 salaries)

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₹9 L/yr - ₹20 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Management Trainee Salary

0 - 3 years exp. (78 salaries)

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₹5 L/yr - ₹15 L/yr

arrow icon 26% less
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₹4.2 L/yr - ₹10.4 L/yr

arrow icon 43% less
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₹5 L/yr - ₹8 L/yr

arrow icon 52% less
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₹3 L/yr - ₹7 L/yr

arrow icon 69% less
1 job opening
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₹4 L/yr - ₹8.3 L/yr

arrow icon 51% less
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₹7 L/yr - ₹15 L/yr

arrow icon 27% less
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₹6 L/yr - ₹8.6 L/yr

arrow icon 43% less
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₹9 L/yr - ₹10 L/yr

arrow icon 31% less
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₹7.4 L/yr - ₹12 L/yr

arrow icon 46% less
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₹5.3 L/yr - ₹10.5 L/yr

arrow icon 42% less
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₹6 L/yr - ₹14.8 L/yr

arrow icon 17% less
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₹21.2 L/yr - ₹22 L/yr

arrow icon 51% more
Management Trainee salary at Tata AIA Life Insurance ranges between ₹9 Lakhs to ₹20 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 31 latest salaries received from various employees of Tata AIA Life Insurance.

Latest annual salaries shared by Tata AIA Life Insurance Management Trainee in Mumbai

3w ago
₹13 Lakhs
2 years exp.
1mo ago
₹18 Lakhs
1 year exp.
1mo ago
₹18 Lakhs
5 months exp.
3mo ago
₹18 Lakhs
3 months exp.
3mo ago
₹18 Lakhs
2 years exp.
4mo ago
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4 years exp.
4mo ago
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1 year exp.
5mo ago
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2 years exp.
5mo ago
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1 year exp.
6mo ago
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6 months exp.

Experience wise Tata AIA Life Insurance Management Trainee salaries in Mumbai

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
Fresher  (9 salaries)

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₹9 L/yr - ₹18 L/yr
1 year  (12 salaries)

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₹13 L/yr - ₹20 L/yr
2 years  (4 salaries)

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₹13 L/yr - ₹18 L/yr
3 years  (3 salaries)

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₹12 L/yr - ₹18.6 L/yr
4 years  (3 salaries)

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₹12 L/yr - ₹18 L/yr

Similar Designation salaries in Tata AIA Life Insurance

Deputy Manager Salary
(5 salaries)
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₹3.2 L/yr - ₹8 L/yr
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₹2.96 L/yr - ₹4.85 L/yr

Top skills at Tata AIA Life Insurance for Management Trainee

Hr Fresher

Salary related reviews for Tata AIA Life Insurance

4.3

Rated by 4 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 23 Oct 2024

1.0
 for  Salary and Benefits

Likes

Yes

  • Skill development - Excellent
  • +3 more

Dislikes

...en to parents here the employee need to be paid to cover her parents Employees getting minimum salaries and in that minimum salary there is no benefits..

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 30 Sep 2024

1.0
 for  Salary and Benefits

Likes

Incentive sharing to the channel Partner Manager are never visit and interact with channel Partner

  • Skill development - Good
  • +2 more

Dislikes

Only bucket 🪣 people get promotion and timing change their salary correction. Than can fire 🔥 employee according to their wishes

read more
  • Salary - Bad
  • +3 more

Insurance Department

5.0
  •  posted on 21 Aug 2021

5.0
 for  Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent. Company policies are good appraisal are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.There is a bond of 2 years before which you cannot resign.On the job training is not given to new joinees.

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Customer Success, Service & Operations Department

5.0
  •  posted on 29 Jun 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is 2 months notice period criteria for confirmed employees.

Sales & Business Development Department

5.0
  •  posted on 22 Apr 2018

5.0
 for  Salary and Benefits

Likes

...raphy is there in every week for the Employee. Opportunities for career growth. Salary credited in second last day of the month, appraisal is there. TA is there. Incentive is more than their annual package. Team mates are very helpful. There is no space for politics. Tata Aia gives so much space, so much time to learn and grow with this company. Work-life equally balanced. Huge reward recognition, and benefits are there. If I talk about job security, the feeling is like working in a Central Govt. Company. They think about 'Security first' for their women employee and different type of activities are their for women employee. And last but not the least The Brand TATA, Tata Group Of Company, it is in our blood ( Tata salt ). It is truely our second home.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Not a single reason to dislike.

see more salary related reviews

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Tata AIA Life Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at Tata AIA Life Insurance in Mumbai?
The average salary of a Management Trainee at Tata AIA Life Insurance in Mumbai typically ranges from ₹9.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Management Trainee in Mumbai at Tata AIA Life Insurance earn more than ₹18.5 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Management Trainee Salaries at Tata AIA Life 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 30+ Tata AIA Life Insurance employees in India.
What is the estimated take home salary of a Management Trainee at Tata AIA Life Insurance in Mumbai?
The estimated take-home salary of a Management Trainee at Tata AIA Life Insurance in Mumbai typically ranges from ₹98,036 to ₹1,00,694 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 30+ salaries received from various employees of Tata AIA Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Management Trainee at Tata AIA Life Insurance in Mumbai?
Hr Fresher is a popular skill required to work as a Management Trainee at Tata AIA Life Insurance.
Which companies offer higher salaries than Tata AIA Life Insurance for Management Trainee in India?
Axis Max Life Insurance ₹21.2 Lakhs to ₹22.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Tata AIA Life Insurance, depending on the role and experience level.
What is the salary of a Management Trainee in companies similar to Tata AIA Life Insurance in Mumbai?
The salary of a Management Trainee at companies similar to Tata AIA Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Ergo General Insurance ₹6.0 Lakhs to ₹14.8 Lakhs per year
HDFC Life ₹5.0 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹7.0 Lakhs to ₹15.0 Lakhs per year
SBI General Insurance ₹9.0 Lakhs to ₹10.0 Lakhs per year
SBI Life Insurance Company ₹5.3 Lakhs to ₹10.5 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 Tata AIA Life Insurance in Mumbai?
The salary growth for a Management Trainee at Tata AIA Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Management Trainee in Mumbai can expect the following growth trajectory at Tata AIA Life Insurance:

Experience Average Salary Range
Fresher ₹9.0 Lakhs to ₹18.0 Lakhs per year
1 year ₹13.0 Lakhs to ₹20.0 Lakhs per year
2 years ₹13.0 Lakhs to ₹18.0 Lakhs per year
3 years ₹12.0 Lakhs to ₹18.6 Lakhs per year
and so on.

Tell us how to improve this page.

Tata AIA Life Insurance Management Trainee salary in Mumbai ranges between ₹9 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.