Allianz Services Insurance Specialist Salaries by 5 Employees

3 - 6 years exp.

₹3 Lakhs - ₹3.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

72% less than the average Insurance Specialist Salary in Insurance Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Specialist Salary 6 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr
Finance & Accounting Insurance Specialist Salary 3 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr
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Human Resources Insurance Specialist Salary 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 21 May 2024

Companies similar to Allianz Services for Insurance Specialist

Company name	Avg Annual Salary	Open Jobs
AXA Business Services Insurance Specialist Salary 2 - 9 years exp. (13 salaries)	₹2.8 L/yr - ₹5.8 L/yr 47% more
Allstate Insurance Specialist Salary 3 - 7 years exp. (7 salaries)	₹4.8 L/yr - ₹8 L/yr 91% more
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MetLife Insurance Specialist Salary 12 - 16 years exp. (4 salaries)	₹30 L/yr - ₹37.8 L/yr 1018% more
TCS Insurance Specialist Salary 2 - 6 years exp. (39 salaries)	₹2.1 L/yr - ₹4.3 L/yr 4% more
Marsh McLennan Insurance Specialist Salary 0 - 9 years exp. (26 salaries)	₹3 L/yr - ₹6.4 L/yr 64% more

Insurance Specialist salary at Allianz Services ranges between ₹3 Lakhs to ₹3.1 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Allianz Services.

Experience wise Allianz Services Insurance Specialist salaries

Last Updated: 21 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr
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5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.1 L/yr

Similar Designation salaries in Allianz Services

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Process Specialist Salary

(AmbitionBox Estimate)

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Business Analyst Salary

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₹3.15 L/yr - ₹12.4 L/yr

Process Analyst Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

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Senior Analyst Salary

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Analyst Salary

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Senior Process Analyst Salary

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Team Lead Salary

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Senior Associate Salary

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Top skills at Allianz Services for Insurance Specialist

Life Insurance Insurance Operations Claims Adjudication Insurance Underwriting

Salary related reviews for Allianz Services

4.0

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

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.

Customer Service Associate in Pune

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 17 Mar 2025

4.0

for Salary and Benefits

Likes

The company offers an excellent work culture, strong job security, and one of the best compensation packages in the industry. The team environment is supportive, and learning opportunities are abundant.

Salary - Good

+5 more

Dislikes

..., unrealistic deadlines, and weak time management make the experience stressful. Additionally, salary increments are too low compared to industry standards, which affects motivation.

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.

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an accounts & finance executive

Seeking Advice on Transitioning from AR to Core Finance Roles

Hi everyone, I’ve been working in Accounts Receivable (AR) for 3 years and am currently pursuing CMA US. I want to transition into core finance roles like financial analysis, FP&A, or corporate finance. Would love to hear from those who’ve made a similar switch—what roles should I target, what salary can I expect, and which companies are good for this move? Any advice or experiences would be really helpful. Thanks in advance! #Finance #AccountsReceivable #CareerTransition #CMAUS #FinancialAnalysis #FP&A #CorporateFinance #JobSearch

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Allianz Services Insurance Specialist Salary FAQs

What is the salary of Insurance Specialist at Allianz Services ?

The average salary of a Insurance Specialist at Allianz Services in India typically ranges from ₹3.0 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Insurance Specialist at Allianz Services earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Insurance Specialist 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 5 Allianz Services employees in India.

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

The estimated take-home salary of a Insurance Specialist at Allianz Services in India typically ranges from ₹21,968 to ₹23,451 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 3 years to 6 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 5 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 Specialist at Allianz Services ?

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

- Life Insurance
- Insurance Operations
- Claims Adjudication
- Insurance Underwriting

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 Specialist in India?

MetLife	₹30.0 Lakhs to ₹37.8 Lakhs per year
Allstate	₹4.8 Lakhs to ₹8.0 Lakhs per year
Marsh McLennan	₹3.0 Lakhs to ₹6.4 Lakhs per year
AXA Business Services	₹2.8 Lakhs to ₹5.8 Lakhs per year
TCS	₹2.1 Lakhs to ₹4.3 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.

How the salary growth look like for a Insurance Specialist at Allianz Services in India?

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

Experience	Average Salary Range
3 years	₹3.0 Lakhs to ₹3.1 Lakhs per year
4 years	₹3.0 Lakhs to ₹5.5 Lakhs per year
5 years	₹1.2 Lakhs to ₹3.1 Lakhs per year
6 years	₹3.1 Lakhs to ₹3.1 Lakhs per year

and so on.

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Allianz Services Insurance Specialist Salaries

Allianz Services Insurance Specialist salary in India ranges between ₹3 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Allianz Services latest salaries received from various employees of Allianz Services.