Tata AIG Lucknow Management Trainee Salaries by 7 Employees

0 - 1 year exp.

₹6.3 Lakhs - ₹11.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

Management Trainee Salary at Tata AIG ranges between ₹6.3 Lakhs to ₹11.7 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 7 latest salaries received from various... Read more

34% more than the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience

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Last Updated: 20 May 2024

Companies similar to Tata AIG for Management Trainee in Lucknow

Tata AIG Management Trainee Salary

0 - 1 year exp. (7 salaries)

₹6.3 L/yr - ₹11.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Management Trainee Salary 0 - 3 years exp. (20 salaries)	₹4.5 L/yr - ₹8.5 L/yr 22% less
SBI Life Insurance Company Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹7 L/yr - ₹9 L/yr 16% less
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HCLTech Management Trainee Salary 0 - 2 years exp. (12 salaries)	₹4.7 L/yr - ₹6.8 L/yr 31% less

Gyan Dairy Management Trainee Salary Fresher (8 salaries)	₹4 L/yr - ₹6 L/yr 42% less
HDFC Sales Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹1.7 L/yr - ₹4 L/yr 75% less

From

Management Trainee

₹

Lakhs/yr

0 - 2 years exp.

Chief Manager

₹

Lakhs/yr

1 - 12 years exp.

Management Trainee 0 - 2 years exp.

Senior Manager 1 - 13 years exp.

28% hike

Chief Manager 1 - 12 years exp.

58% 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.

Tata AIG Management Trainee salaries by

Years of experience	Avg. annual salary
Fresher (4 salaries)	₹6.3 L/yr - ₹10.4 L/yr
Login to view exact salary
1 year (3 salaries)	₹9.1 L/yr - ₹11.7 L/yr

Top trending discussions

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Career Growth

1w (edited)

pleasantfox

works at

Insurance Sector

Stability vs Growth

I worked in a company for 20 years and suddenly put off role. Searching jobs I realised I am over age for various roles that I could do and less experienced for Leadership Roles as my exposure was limited. I always thought I am earning decent money and can work another 7 years and retire at 50. Though the younger generation is much smarter I still want to advise them (BFSI specific) * Work in a role for max 2-3 years and switch when you feel you are done. * By age of 30, if you are still earning less than 10 lakh you are not growing * By age of 35 you must become AVP as no company will hire AVP if you are more than 36. *Be loyal to your self, not your organization. * Most importantly save atleast 30% or more of whatever your CTC. Donot spend much with every raise. * Buy a property, and pay loans before 35. In tough times it's only Savings that give you cushion and peace nothing else

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Salary related reviews for Tata AIG

Management Trainee in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• updated 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.

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.

Promotions - Bad

+3 more

Management Trainee in Mumbai Suburban

Full Time

Healthcare & Life Sciences Department

3.0

• updated 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.

Salary - Bad

+3 more

Relationship Manager in Bangalore / Bengaluru

Full Time

Axis Branch Banking Department

4.0

• updated 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

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

Process Associate in Hyderabad / Secunderabad

Customer Success, Service & Operations Department

4.0

• updated 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

Salary - Poor

+1 more

Relationship Manager in Jodhpur

Sales & Service Department

4.0

• updated 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.

Salary - Excellent

+5 more

Dislikes

On the job training is not given to new joinees

see more salary related reviews

Tata AIG Management Trainee Salary FAQs

What is the salary of Management Trainee at Tata AIG in Lucknow?

The average salary of a Management Trainee at Tata AIG in Lucknow typically ranges from ₹6.3 Lakhs to ₹11.7 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee in Lucknow at Tata AIG earn more than ₹11.4 Lakhs per year, and the top 1% earn over ₹11.7 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 7 Tata AIG employees in India.

What is the estimated take home salary of a Management Trainee at Tata AIG in Lucknow?

The estimated take-home salary of a Management Trainee at Tata AIG in Lucknow typically ranges from ₹67,564 to ₹69,295 per month. This is based on the average salary range of ₹6.3 Lakhs to ₹11.7 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 7 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 Lucknow?

To be a Management Trainee at Tata AIG in Lucknow, 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.

What is the salary of a Management Trainee in companies similar to Tata AIG in Lucknow?

The salary of a Management Trainee at companies similar to Tata AIG in Lucknow varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Life Insurance Company	₹7.0 Lakhs to ₹9.0 Lakhs per year
ICICI Prudential Life Insurance	₹4.5 Lakhs to ₹8.5 Lakhs per year
HCLTech	₹4.7 Lakhs to ₹6.8 Lakhs per year
Gyan Dairy	₹4.0 Lakhs to ₹6.0 Lakhs per year
HDFC Sales	₹1.7 Lakhs to ₹4.0 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 Tata AIG in Lucknow?

The salary growth for a Management Trainee at Tata AIG in Lucknow depends on factors such as experience, performance, and promotions. On average, a Management Trainee in Lucknow can expect the following growth trajectory at Tata AIG:

Experience	Average Salary Range
Fresher	₹6.3 Lakhs to ₹10.4 Lakhs per year
1 year	₹9.1 Lakhs to ₹11.7 Lakhs per year

and so on.

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Tata AIG Management Trainee Salaries in Lucknow

Tata AIG Management Trainee salary in Lucknow ranges between ₹6.3 Lakhs to ₹11.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Tata AIG latest salaries received from various employees of Tata AIG.