Likes
...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
Select experience
₹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 salary40% less than the average Management Trainee Salary in Insurance Companies for Fresher
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Salaries in different departments
Marketing & Communication
Management Trainee Salary Fresher
(AmbitionBox Estimate)
|  ₹2.4 L/yr - ₹7 L/yr |
Login to view exact salary
| |
Legal & Regulatory
Management Trainee Salary Fresher
(AmbitionBox Estimate)
| ₹5.7 L/yr - ₹11 L/yr |
Companies similar to Universal Sompo General Insurance for Management Trainee in Mumbai
Universal Sompo General Insurance
Management Trainee Salary
Fresher (4 salaries) |  ₹5 L/yr - ₹7 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Management Trainee Salary
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41%
more | |
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38%
more | |
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| ||
 Reliance General Insurance Management Trainee Salary
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10%
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 Tata AIG Management Trainee Salary
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 SBI General Insurance Management Trainee Salary
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 Future Generali India Life Insurance Management Trainee Salary
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 Aditya Birla Health Insurance Co Management Trainee Salary
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30%
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 Digit Insurance Management Trainee Salary
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 IndiaFirst Life Insurance Management Trainee Salary
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 Bharti AXA Life Insurance Management Trainee Salary
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 Shriram General Insurance Management Trainee Salary
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4%
less | |
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| ||
 Cholamandalam MS General Insurance Management Trainee Salary
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9%
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
4 latest salaries received
from various employees of Universal Sompo General Insurance.
Latest annual salaries shared by Universal Sompo General Insurance Management Trainee in Mumbai
5mo ago
8
months
exp.
5mo ago
8
months
exp.
5mo ago
1
month
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
| |
Similar Designation salaries in Universal Sompo General Insurance
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2w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
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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 40% less than the average Management Trainee Salary in India. Salary estimates are based on 4 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 40% 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?
- 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 - ₹8.7 Lakhs to ₹10.0 Lakhs per year
- Tata AIG Management Trainee Salary - ₹4.2 Lakhs to ₹12.2 Lakhs per year
- Future Generali India Life Insurance Management Trainee Salary - ₹7.8 Lakhs to ₹11.0 Lakhs per year
What is the salary of a Management Trainee in companies similar to Universal Sompo General Insurance in Mumbai?
- ICICI Lombard General Insurance Company Management Trainee Salary - ₹2.8 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 - ₹2.4 Lakhs to ₹12.0 Lakhs per year
- Bharti AXA Life Insurance Management Trainee Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year
- Reliance General Insurance Management Trainee Salary - ₹4.5 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 ₹41,760 per month to ₹42,899 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
4
Universal Sompo General Insurance latest salaries received from various employees of
Universal Sompo General Insurance.