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AXA Business Services Procurement Specialist salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
4 - 7 years exp.
₹5.8 Lakhs - ₹7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Procurement Specialist Salary in Insurance Companies for 4 - 7 years of experience

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Last Updated: 11 Jan 2025

Companies similar to AXA Business Services for Procurement Specialist in Bangalore / Bengaluru

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AXA Business Services Procurement Specialist Salary

4 - 7 years exp. (4 salaries)

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₹5.8 L/yr - ₹7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IBM Procurement Specialist Salary

0 - 7 years exp. (339 salaries)

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₹2.1 L/yr - ₹9.3 L/yr

arrow icon 26% less
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Accenture Procurement Specialist Salary

2 - 15 years exp. (85 salaries)

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₹4.5 L/yr - ₹17.5 L/yr

arrow icon 49% more
1 job opening
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ABB Procurement Specialist Salary

1 - 8 years exp. (58 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 7% more
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Infosys BPM Procurement Specialist Salary

2 - 8 years exp. (57 salaries)

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₹2.8 L/yr - ₹7.2 L/yr

arrow icon 29% less
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₹5.5 L/yr - ₹13 L/yr

arrow icon 18% more
Procurement Specialist salary at AXA Business Services ranges between ₹5.8 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of AXA Business Services.

Latest annual salaries shared by AXA Business Services Procurement Specialist in Bangalore / Bengaluru

2mo ago
₹7 Lakhs
6 years exp.

Experience wise AXA Business Services Procurement Specialist salaries in Bangalore / Bengaluru

Last Updated: 11 Jan 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.7 L/yr
5 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.7 L/yr
6 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.8 L/yr
7 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.8 L/yr

Similar Designation salaries in AXA Business Services

Team Lead Salary
(59 salaries)
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₹3.97 L/yr - ₹10 L/yr
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₹11 L/yr - ₹23 L/yr

Top skills at AXA Business Services for Procurement Specialist

Contract Management Business Strategy Salesforce Procurement Strategic Sourcing Category Management RFP RFQ Operations Spend Analysis SAP Information Security

Salary related reviews for AXA Business Services

Full Time

 · 

IT & Information Security Department

5.0
  •  posted on 09 Feb 2025

5.0
 for  Salary and Benefits

Likes

People here are so supportive and encouraging.

  • Salary - Excellent
  • +3 more

Dislikes

...rn regarding the company's policy on notice periods during the probation period. Despite being on probation, employees are required to pay for the entire notice period upon resignation. Despite having a genuine reason for leaving, I was still required to pay for the full notice period, which I believe is both unfair and potentially unlawful.

read more
  • Work-life balance - Bad

Full Time

 · 

Other Department

1.0
  •  posted on 09 Jan 2025

1.0
 for  Salary and Benefits

Likes

Just the location as it was in my hometown.

Dislikes

...ts encouraged. HR is from rural institutions who cannot speak English properly. Salary is abyssymal. Worked here only because I was in a financial difficulty. Also, notice period is an unbelievable 90 days (not negotiable!).

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Engineering - Hardware & Networks Department

5.0
  •  posted on 27 Dec 2023

3.0
 for  Salary and Benefits

Likes

...ny as its worklife balance is very good and policies are also good management .. only things are skill devlopment should be a priority, and competitive salary should be given to deserving employees rest all aspect AXA is gooooooood good Goooood.

read more
  • Job security - Excellent
  • +3 more

Dislikes

Nothing....... as of now

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 19 Nov 2023

4.0
 for  Salary and Benefits

Likes

...working from Office/Home policy - Goodies distribution for multiple occasions - Fixed Annual bonus other than performance incentives -

read more
  • Salary - Good
  • +2 more

Dislikes

- Multiple approvals dependencies for the Projects - Lack of Transparency - No clarity on objectives for few Strategic Projects and surprisingly some senior stake holders are not even informed on the decisions taken - So called Strategic Management is keen to keep existing people on bench rather than helping then to develop their skills they are looking for outside talent - Senior management should understand geographical and cultural differences and all practices will not work across entity

read more
  • Job security - Poor

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 10 Nov 2023

4.0
 for  Salary and Benefits

Likes

Talk about opportunities, work life balance, growth. It's the best company. I have been part of this company since 8 years now & grow from scratch level to Associate Manager.

read more
  • Salary - Good
  • +6 more

Dislikes

Salary structure and benifits needs a change which they are already trying to do so.

read more
see more salary related reviews

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AXA Business Services Procurement Specialist Salary FAQs

What is the salary of Procurement Specialist at AXA Business Services in Bangalore / Bengaluru?
The average salary of a Procurement Specialist at AXA Business Services in Bangalore / Bengaluru typically ranges from ₹5.8 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Procurement Specialist in Bangalore / Bengaluru at AXA Business Services earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Procurement Specialist Salaries at AXA Business 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 AXA Business Services employees in India.
What is the estimated take home salary of a Procurement Specialist at AXA Business Services in Bangalore / Bengaluru?
The estimated take-home salary of a Procurement Specialist at AXA Business Services in Bangalore / Bengaluru typically ranges from ₹51,668 to ₹52,886 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 4 years to 7 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 AXA Business Services. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Procurement Specialist at AXA Business Services in Bangalore / Bengaluru?
To be a Procurement Specialist at AXA Business Services in Bangalore / Bengaluru, the key skills required include:

  • - Contract Management
  • - Business Strategy
  • - Salesforce
  • - Procurement
  • - Strategic Sourcing

These skills are highly valued at AXA Business Services and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than AXA Business Services for Procurement Specialist in India?
Accenture ₹4.5 Lakhs to ₹17.5 Lakhs per year
Koch Business Solutions ₹5.5 Lakhs to ₹13.0 Lakhs per year
ABB ₹3.0 Lakhs to ₹10.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by AXA Business Services, depending on the role and experience level.
What is the salary of a Procurement Specialist in companies similar to AXA Business Services in Bangalore / Bengaluru?
The salary of a Procurement Specialist at companies similar to AXA Business Services in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IBM ₹2.1 Lakhs to ₹9.3 Lakhs per year
Infosys BPM ₹2.8 Lakhs to ₹7.2 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 Procurement Specialist at AXA Business Services in Bangalore / Bengaluru?
The salary growth for a Procurement Specialist at AXA Business Services in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Procurement Specialist in Bangalore / Bengaluru can expect the following growth trajectory at AXA Business Services:

Experience Average Salary Range
4 years ₹6.0 Lakhs to ₹7.7 Lakhs per year
5 years ₹6.1 Lakhs to ₹7.7 Lakhs per year
6 years ₹6.1 Lakhs to ₹7.8 Lakhs per year
7 years ₹6.1 Lakhs to ₹7.8 Lakhs per year
and so on.

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AXA Business Services Procurement Specialist salary in Bangalore / Bengaluru ranges between ₹5.8 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 AXA Business Services latest salaries received from various employees of AXA Business Services.