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Tata AIG

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Tata AIG Management Trainee salaries in Bangalore / Bengaluru

Annual salary range
0 - 1 year exp.
₹4.7 Lakhs - ₹11 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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19% more than the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience

Interested in this particular role?

Salaries in different departments

Marketing & Communication
Management Trainee Salary
0 - 1 year exp. (3 salaries)
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₹4.7 L/yr - ₹9.3 L/yr

Human Resources
Management Trainee Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹8.9 L/yr

BFSI, Investments & Trading
Management Trainee Salary
1 year exp. (AmbitionBox Estimate)
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₹9.2 L/yr - ₹11 L/yr

Last Updated: 31 Aug 2024

Companies similar to Tata AIG for Management Trainee in Bangalore / Bengaluru

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Tata AIG Management Trainee Salary

0 - 1 year exp. (11 salaries)

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₹4.7 L/yr - ₹11 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹4.8 L/yr - ₹8 L/yr

arrow icon 23% less
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₹4.3 L/yr - ₹9.8 L/yr

arrow icon 6% less
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₹4.2 L/yr - ₹7 L/yr

arrow icon 32% less
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₹3.5 L/yr - ₹9.5 L/yr

arrow icon 26% less
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₹8 L/yr - ₹12 L/yr

arrow icon 5% more
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₹6 L/yr - ₹6.2 L/yr

arrow icon 33% less
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HDFC Life Management Trainee Salary

0 - 3 years exp. (3 salaries)

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₹9.8 L/yr - ₹13 L/yr

arrow icon 16% more
Management Trainee salary at Tata AIG ranges between ₹4.7 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 11 latest salaries received from various employees of Tata AIG.

Latest annual salaries shared by Tata AIG Management Trainee in Bangalore / Bengaluru

7mo ago
₹11 Lakhs
2 months exp.
11mo ago
₹9 Lakhs
6 months exp.
11mo ago
₹11 Lakhs
1 year exp.
11mo ago
₹4.8 Lakhs
1 year exp.
1y ago
₹8 Lakhs
1 year exp.
1y ago
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1 year exp.

Experience wise Tata AIG Management Trainee salaries in Bangalore / Bengaluru

Last Updated: 31 Aug 2024

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹7 L/yr - ₹11 L/yr
1 year  (7 salaries)

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₹4.7 L/yr - ₹11 L/yr
Tata AIG Management Trainee Salary and Career Growth

From

To

Management Trainee

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0 - 2 years exp.

Chief Manager

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1 - 14 years exp.

Management Trainee 0 - 2 years exp.
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Senior Manager 0 - 13 years exp.
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arrow icon 26% hike
    Chief Manager 1 - 14 years exp.
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    arrow icon 49% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Tata AIG

    Deputy Manager Salary
    (17 salaries)
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    ₹3 L/yr - ₹9 L/yr

    Top skills at Tata AIG for Management Trainee

    Insurance Operations Underwriting

    Salary related reviews for Tata AIG

    2.0

    Rated by 2 employees for salary & benefits

    Full Time

     · 

    BFSI, Investments & Trading Department

    4.0
      •  posted on 29 Aug 2023

    3.0
     for  Salary and Benefits

    Likes

    Lots of learning and training and developement. If work-life balance is maintained, such learning can be taken advantage of. Always something new to learn, you’ll gain a lot of knowledge.

    read more
    • Skill development - Good
    • +1 more

    Dislikes

    ...e. Bosses call you after and before work hours as well and on off-days as well. No overtime pay even when you work overtime every other day. Appraisal was done in a very biased way. KPIs were not designed properly and scores were very skewed.

    read more
    • Promotions - Bad
    • +3 more

    Full Time

     · 

    Healthcare & Life Sciences Department

    3.0
      •  posted on 04 May 2022

    1.0
     for  Salary and Benefits

    Likes

    Job Security , Brand Value in the market.

    • Job security - Excellent

    Dislikes

    ..., moreover the work piles up as your designation (For the namesake) increases. 1) The company gives less than average hike for deserving candidates and pays higher salary for lateral Joinees. 2) Only old established people who are mid aged/old aged with more than 15 years in same firm are working at same position and their leadership style is such that they think they are the part owner of the TATA GROUP. 3) Lots of internal politics and only bootlickers Or supervisor's favourite people are promoted, that too with growth of 3-5% on promotion. 4) Company mostly runs on the good will of the TATA GROUP with majority of policyholder having faith in the name of TATA. 5) Extremely slow growth with terrible workload in claims team. 6) Sick aged people working in the same department/role for last 15+ years dictates how things will work as per their wish and command. 7) Please join if salary offered is more than your expectation, otherwise you will trapped in vicious cycle of Politics/ peanut hikes / depressing workload.

    read more
    • Salary - Bad
    • +3 more

    Full Time

     · 

    Axis Branch Banking Department

    4.0
      •  posted on 26 Aug 2022

    3.0
     for  Salary and Benefits

    Likes

    Tata AIG is employee friendly company and gives time to learn and build our career. It has a brand and Claim settlement is good where most of the customers and channel partners prefer to take Tata Aig policy

    read more
    • Skill development - Excellent
    • +4 more

    Dislikes

    There is no proper salary hikes for the employees working in the organization since very long. The work which we do is not worth for the salary we are getting. Appraisals are not given as per hardwork and business numbers. Also very often we get IT issues or pan india portal locks due to any one persons mistake where all as to suffer

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    Customer Success, Service & Operations Department

    4.0
      •  posted on 13 Apr 2022

    2.0
     for  Salary and Benefits

    Likes

    Tata aig is a very good worksplace where a person can prove his skills and grow further

    • Skill development - Excellent
    • +2 more

    Dislikes

    salary doesn't get hike even after 2year of working. managers need to balance balance their concentration on work and employees salaried

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    • Salary - Poor
    • +1 more

    Sales & Service Department

    4.0
      •  posted on 15 May 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
    • +5 more

    Dislikes

    On the job training is not given to new joinees

    see more salary related reviews

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    Tata AIG Management Trainee Salary FAQs

    What is the salary of Management Trainee at Tata AIG in Bangalore / Bengaluru?
    The average salary of a Management Trainee at Tata AIG in Bangalore / Bengaluru typically ranges from ₹4.7 Lakhs to ₹11.0 Lakhs per year, depending on experience (from Fresher to 1 year).

    The top 10% of Management Trainee in Bangalore / Bengaluru at Tata AIG earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Management Trainee Salaries at Tata AIG 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 10+ Tata AIG employees in India.
    What is the estimated take home salary of a Management Trainee at Tata AIG in Bangalore / Bengaluru?
    The estimated take-home salary of a Management Trainee at Tata AIG in Bangalore / Bengaluru typically ranges from ₹65,232 to ₹66,897 per month. This is based on the average salary range of ₹4.7 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Tata AIG. 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 AIG in Bangalore / Bengaluru?
    To be a Management Trainee at Tata AIG in Bangalore / Bengaluru, the key skills required include:

    • - Insurance Operations
    • - Underwriting

    These skills are highly valued at Tata AIG and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than Tata AIG for Management Trainee in India?
    HDFC Life ₹9.8 Lakhs to ₹13.0 Lakhs per year
    SBI General Insurance ₹8.0 Lakhs to ₹12.0 Lakhs per year

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

    ICICI Lombard General Insurance Company ₹4.3 Lakhs to ₹9.8 Lakhs per year
    ICICI Prudential Life Insurance ₹4.8 Lakhs to ₹8.0 Lakhs per year
    Bajaj Allianz Life Insurance ₹3.5 Lakhs to ₹9.5 Lakhs per year
    Reliance General Insurance ₹4.2 Lakhs to ₹7.0 Lakhs per year
    Iffco Tokio General Insurance Co. ₹6.0 Lakhs to ₹6.2 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 AIG in Bangalore / Bengaluru?
    The salary growth for a Management Trainee at Tata AIG in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Management Trainee in Bangalore / Bengaluru can expect the following growth trajectory at Tata AIG:

    Experience Average Salary Range
    Fresher ₹7.0 Lakhs to ₹11.0 Lakhs per year
    1 year ₹4.7 Lakhs to ₹11.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Tata AIG Management Trainee salary in Bangalore / Bengaluru ranges between ₹4.7 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Tata AIG latest salaries received from various employees of Tata AIG.