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...one month later senior management used to call will fire you, will give lwp etc. You cannot expect anything rather than salary on time. No notice period negotiable policy. Very poor work life balance.
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Annual salary range
0 - 1 year exp.
₹5
Lakhs - ₹7
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary39% less than the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience
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Salaries in different departments
BFSI, Investments & Trading
Management Trainee Salary
1
year
exp.
(AmbitionBox Estimate)
|  ₹5 L/yr - ₹5.1 L/yr |
Marketing & Communication
Management Trainee Salary Fresher
(AmbitionBox Estimate)
| ₹6 L/yr - ₹7 L/yr |
Login to view exact salary
| |
Legal & Regulatory
Management Trainee Salary Fresher
(AmbitionBox Estimate)
| ₹5.7 L/yr - ₹6.1 L/yr |
Companies similar to Universal Sompo General Insurance for Management Trainee in Mumbai
Universal Sompo General Insurance
Management Trainee Salary
0 - 1 year exp. (5 salaries) |  ₹5 L/yr - ₹7 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Management Trainee Salary
0 - 1 year exp. (48 salaries) | ₹4.6 L/yr - ₹10.4 L/yr 
41%
more | |
 HDFC Ergo General Insurance Management Trainee Salary
0 - 1 year exp. (3 salaries) | ₹6 L/yr - ₹14.8 L/yr
139%
more | |
Login to view exact salary
| ||
 Bajaj Allianz General Insurance Management Trainee Salary
0 - 2 years exp. (5 salaries) | ₹6 L/yr - ₹8.6 L/yr
41%
more | |
 Reliance General Insurance Management Trainee Salary
0 - 4 years exp. (26 salaries) | ₹4.5 L/yr - ₹10 L/yr
15%
more | |
 Tata AIG Management Trainee Salary
0 - 2 years exp. (42 salaries) | ₹4.2 L/yr - ₹12.1 L/yr
66%
more | |
 SBI General Insurance Management Trainee Salary
1 - 4 years exp. (6 salaries) | ₹9 L/yr - ₹13 L/yr
68%
more | |
 Future Generali India Life Insurance Management Trainee Salary
0 - 1 year exp. (6 salaries) | ₹8 L/yr - ₹11 L/yr
44%
more | |
 Aditya Birla Health Insurance Co Management Trainee Salary
0 - 1 year exp. (6 salaries) | ₹2.2 L/yr - ₹12 L/yr
26%
more | |
 Digit Insurance Management Trainee Salary
0 - 2 years exp. (7 salaries) | ₹9 L/yr - ₹11 L/yr
82%
more | |
 IndiaFirst Life Insurance Management Trainee Salary
1 - 5 years exp. (4 salaries) | ₹9.1 L/yr - ₹10 L/yr
75%
more | |
 Bharti AXA Life Insurance Management Trainee Salary
Fresher (4 salaries) | ₹6 L/yr - ₹10 L/yr
16%
more | |
Login to view exact salary
| ||
 Shriram General Insurance Management Trainee Salary
0 - 2 years exp. (4 salaries) | ₹4.7 L/yr - ₹7 L/yr 
3%
less | |
 Cholamandalam MS General Insurance Management Trainee Salary
0 - 1 year exp. (3 salaries) | ₹3.5 L/yr - ₹5.1 L/yr
10%
less | |
Management Trainee salary at Universal Sompo General Insurance ranges between ₹5
Lakhs
to ₹7
Lakhs
per year for employees with less than 1 year of experience. Salary
estimates are based on
5 latest salaries received
from various employees of Universal Sompo General Insurance.
Latest annual salaries shared by Universal Sompo General Insurance Management Trainee in Mumbai
6mo ago
8
months
exp.
6mo ago
8
months
exp.
6mo ago
1
month
exp.
1y ago
1
year
exp.
Experience wise Universal Sompo General Insurance Management Trainee salaries in Mumbai
Last Updated: 14 Jul 2024
| Experience | Avg Annual Salary |
|---|---|
| Fresher (4 salaries) |
₹5
L/yr
- ₹7
L/yr
|
Login to view exact salary
| |
| 1 year (AmbitionBox Estimate) |
₹5.1
L/yr
- ₹10
L/yr
|
Similar Designation salaries in Universal Sompo General Insurance
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2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Universal Sompo General Insurance Management Trainee Salary FAQs
What is the salary of Management Trainee at Universal Sompo General Insurance Mumbai?
Management Trainee salary at Universal Sompo General Insurance in Mumbai ranges between ₹5.0 Lakhs to ₹7.0 Lakhs for less than 1 year of experience. According to our estimates it is 39% less than the average Management Trainee Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Universal Sompo General Insurance Mumbai.
How does the salary of a Management Trainee at Universal Sompo General Insurance Mumbai compare with the average salary range for this job?
The average salary of a Management Trainee at Universal Sompo General Insurance is 39% less than the average salary of a Management Trainee in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Universal Sompo General Insurance to a Management Trainee in Mumbai?
- HDFC Ergo General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹14.8 Lakhs per year
- Digit Insurance Management Trainee Salary - ₹9.0 Lakhs to ₹11.0 Lakhs per year
- IndiaFirst Life Insurance Management Trainee Salary - ₹9.1 Lakhs to ₹10.0 Lakhs per year
- SBI General Insurance Management Trainee Salary - ₹9.0 Lakhs to ₹13.0 Lakhs per year
- Tata AIG Management Trainee Salary - ₹4.2 Lakhs to ₹12.1 Lakhs per year
What is the salary of a Management Trainee in companies similar to Universal Sompo General Insurance in Mumbai?
- Future Generali India Life Insurance Management Trainee Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
- ICICI Lombard General Insurance Company Management Trainee Salary - ₹4.6 Lakhs to ₹10.4 Lakhs per year
- Bajaj Allianz General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹8.6 Lakhs per year
- Aditya Birla Health Insurance Co Management Trainee Salary - ₹2.2 Lakhs to ₹12.0 Lakhs per year
- Bharti AXA Life Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Management Trainee at Universal Sompo General Insurance in Mumbai?
The estimated take-home salary of a Management Trainee at Universal Sompo General Insurance ranges between ₹42,122 per month to ₹43,255 per month in Mumbai. The take-home salary calculation is based on the average Universal Sompo General Insurance Management Trainee salary in India which ranges between ₹5.0 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?
What is the notice period for Management Trainee at Universal Sompo General Insurance in Mumbai?
According to AmbitionBox, 100% of the Universal Sompo General Insurance Management Trainees in Mumbai reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.
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- Universal Sompo General Insurance Management Trainee Salaries in Mumbai
Universal Sompo General Insurance Management Trainee salary
in
Mumbai
ranges between ₹5
Lakhs to ₹7
Lakhs with an average annual salary of
₹. Salary estimates are based on
5
Universal Sompo General Insurance latest salaries received from various employees of
Universal Sompo General Insurance.