Allianz Services Insurance Associate Salaries by 4 Employees

0 - 2 years exp.

₹3 Lakhs - ₹3.4 Lakhs

Low Confidence

Salary of majority employees

7% less than the average Insurance Associate Salary in Insurance Companies for 0 - 2 years of experience

Interested in this particular role? 3 job openings

Last Updated: 10 Aug 2024

Companies similar to Allianz Services for Insurance Associate

Company name	Avg Annual Salary	Open Jobs
MetLife Insurance Associate Salary 0 - 6 years exp. (185 salaries)	₹1 L/yr - ₹5.5 L/yr 27% more
SBI Life Insurance Company Insurance Associate Salary 0 - 13 years exp. (7 salaries)	₹1.8 L/yr - ₹5.3 L/yr 10% more
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Gallagher Insurance Associate Salary 0 - 4 years exp. (6 salaries)	₹2.5 L/yr - ₹4.2 L/yr 3% more
Tata AIG Insurance Associate Salary 0 - 7 years exp. (6 salaries)	₹2 L/yr - ₹2.5 L/yr 28% less
Bajaj Allianz Life Insurance Insurance Associate Salary 1 - 6 years exp. (5 salaries)	₹1.8 L/yr - ₹5 L/yr 12% more
Guardian India Insurance Associate Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4.2 L/yr 10% more
PNB MetLife Insurance Associate Salary 1 - 9 years exp. (4 salaries)	₹2 L/yr - ₹8 L/yr 18% more
Reliance General Insurance Insurance Associate Salary 5 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4.3 L/yr 14% more
National Insurance Company Insurance Associate Salary 4 - 10 years exp. (4 salaries)	₹1.8 L/yr - ₹6.2 L/yr 36% more
Iffco Tokio General Insurance Co. Insurance Associate Salary 2 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹2.5 L/yr 27% less

Insurance Associate salary at Allianz Services ranges between ₹3 Lakhs to ₹3.4 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Allianz Services.

Experience wise Allianz Services Insurance Associate salaries

Last Updated: 10 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹3.1 L/yr
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr
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2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.4 L/yr

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Top skills at Allianz Services for Insurance Associate

Insurance Operations Leased Line Rational Clearcase Business Administration bpo Policy Servicing Policy Issuance Underwriting

Salary related reviews for Allianz Services

1.0

Rated by 1 employees for salary & benefits

Deputy Manager in Thiruvananthapuram

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 23 Oct 2024

2.0

for Salary and Benefits

Likes

Allianz Services was a greatplace however there were quite lot of infiltrations from third party call centre and their thuglaq decisions spoilt eveything

Dislikes

Pathetic Management Less Compensation Biassed Decisions Favoritism

Salary - Poor

+5 more

Customer Service Associate in Thiruvananthapuram

sales Department

4.0

• posted on 29 Apr 2019

3.0

for Salary and Benefits

Likes

Allianz has excellent work environment and I had Wonderfull teammates. Work culture is good.They always give value for innovation and new ideas we give.

Job security - Excellent

+3 more

Dislikes

Sales team had less learning opportunities compared to other departments. Basic salary package needs to be improved for the amount of work and pressure we handle in sales. More career opportunities should given for people looking a way out of sales. Growth is slow for most(No of employees are more may be a reason).

Skill development - Poor

+1 more

Insurance Operations Expert in Thiruvananthapuram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 28 Jul 2024

3.0

for Salary and Benefits

Likes

Allianz have a good work culture. It celebrates every festivities and are active on culture events. The job security is the most disgusting feature in Allianz.

Skill development - Good

+4 more

Dislikes

Salary package is not upto market standards. When comparing Allianz employees are getting paid less. Micro management is very much evident within team's.

Assistant Manager O&M in Thiruvananthapuram

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 30 Jun 2024

3.0

for Salary and Benefits

Likes

Allianz is truly great company securing each employee's career and life. Company provide immense focus on employee upskilling and wellbeing. Always keen to drive for business outcomes without pushing employees so much.

Skill development - Excellent

+5 more

Dislikes

Salary package is not so competent to bring everyone onto same band doing similar role. Little bit of favouritism still exists.

Deputy Team Leader in Thiruvananthapuram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 23 Aug 2022

3.0

for Salary and Benefits

Likes

Skill Development, Job security and work life balance.

Skill development - Good

+5 more

Dislikes

As per the market standard Salary is too low for senior employees who is with the organisation for a long time. They don't even consider giving market correction as well.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Allianz Services Insurance Associate Salary FAQs

What is the salary of Insurance Associate at Allianz Services ?

The average salary of a Insurance Associate at Allianz Services in India typically ranges from ₹3.0 Lakhs to ₹3.4 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Insurance Associate at Allianz Services earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Insurance Associate Salaries at Allianz Services 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 4 Allianz Services employees in India.

What is the estimated take home salary of a Insurance Associate at Allianz Services in India?

The estimated take-home salary of a Insurance Associate at Allianz Services in India typically ranges from ₹22,585 to ₹24,060 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from Fresher to 2 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 4 salaries received from various employees of Allianz Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Insurance Associate at Allianz Services ?

To be a Insurance Associate at Allianz Services in india, the key skills required include:

- Insurance Operations
- Leased Line
- Rational Clearcase
- Business Administration
- bpo

These skills are highly valued at Allianz Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Allianz Services for Insurance Associate in India?

National Insurance Company	₹1.8 Lakhs to ₹6.2 Lakhs per year
MetLife	₹1.0 Lakhs to ₹5.5 Lakhs per year
PNB MetLife	₹2.0 Lakhs to ₹8.0 Lakhs per year
Reliance General Insurance	₹3.0 Lakhs to ₹4.3 Lakhs per year
Bajaj Allianz Life Insurance	₹1.8 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Allianz Services, depending on the role and experience level.

What is the salary of a Insurance Associate in companies similar to Allianz Services in India?

The salary of a Insurance Associate at companies similar to Allianz Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Guardian India	₹3.0 Lakhs to ₹4.2 Lakhs per year
SBI Life Insurance Company	₹1.8 Lakhs to ₹5.3 Lakhs per year
Gallagher	₹2.5 Lakhs to ₹4.2 Lakhs per year
Iffco Tokio General Insurance Co.	₹2.2 Lakhs to ₹2.5 Lakhs per year
Tata AIG	₹2.0 Lakhs to ₹2.5 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 Insurance Associate at Allianz Services in India?

The salary growth for a Insurance Associate at Allianz Services depends on factors such as experience, performance, and promotions. On average, a Insurance Associate can expect the following growth trajectory at Allianz Services:

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹3.1 Lakhs per year
1 year	₹3.0 Lakhs to ₹5.6 Lakhs per year
2 years	₹1.3 Lakhs to ₹3.4 Lakhs per year

and so on.

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Allianz Services Insurance Associate Salaries

Allianz Services Insurance Associate salary in India ranges between ₹3 Lakhs to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Allianz Services latest salaries received from various employees of Allianz Services.