Axa XL Bangalore / Bengaluru Financial Associate Salaries by 10+ Employees

1 - 5 years exp.

₹4.8 Lakhs - ₹6.7 Lakhs

Salary of majority employees

Fixed (76%)

₹5 Lakhs

Variable (24%)

₹1.6 Lakh

21% more than the average Financial Associate Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 28 Nov 2024

Companies similar to Axa XL for Financial Associate in Bangalore / Bengaluru

Axa XL Financial Associate Salary

1 - 5 years exp. (12 salaries)

₹4.8 L/yr - ₹6.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Swiss Re Financial Associate Salary 5 - 8 years exp. (4 salaries)	₹13 L/yr - ₹20 L/yr 161% more
Gallagher Financial Associate Salary 0 - 2 years exp. (3 salaries)	₹2.2 L/yr - ₹2.5 L/yr 65% less
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HDFC Life Financial Associate Salary 1 - 2 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 62% less
AIG Financial Associate Salary 2 - 5 years exp. (3 salaries)	₹4 L/yr - ₹5.2 L/yr 33% less
DXC Technology Financial Associate Salary 1 - 7 years exp. (224 salaries)	₹1.8 L/yr - ₹5.5 L/yr 52% less

Financial Associate salary at Axa XL ranges between ₹4.8 Lakhs to ₹6.7 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 12 latest salaries received from various employees of Axa XL.

Experience wise Axa XL Financial Associate salaries in Bangalore / Bengaluru

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
2 years (3 salaries)	₹5.3 L/yr - ₹11.9 L/yr
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3 years (4 salaries)	₹5 L/yr - ₹6.7 L/yr
4 years (3 salaries)	₹4.8 L/yr - ₹6.7 L/yr
5 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr

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Financial Analyst Salary

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Process Associate Salary

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Top skills at Axa XL for Financial Associate

Accounting Accounts Payable Excel P2P Bank Reconciliation Reconciliation Gl Accounting Financial Reporting Reporting Finance IFRS MS Access US GAAP Ratio Analysis Accounts Reconciliation

Salary related reviews for Axa XL

4.7

Rated by 2 employees for salary & benefits

Management Trainee in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

1.0

• posted on 07 Apr 2022

3.0

for Salary and Benefits

Likes

Job is secure here. The company provides ample leaves and average compensation. HR policies are generally good.

Job security - Excellent

Dislikes

Management: Indifferent and short sighted. It doesn't care about employees or the company. Planning: Most employees are complacent about their work as there is no accountability. If you can be complacent, and able to dodge work, you may actually enjoy here. Surviving the day is the norm. No short or long term planning is done. Everything will be sudden. Culture: Colleagues will not share any knowledge with when you come across a new task. They will just give you a file and ask you to figure out everything in a complex task. They will say that they also learned in similar way. Heirarchy: If you have 5 different persons for procuring work and only 1 of them for appraisal, your work will never get noticed. Especially, when there is no documentation, or communication in the team. In such a setting, you must take everything in email copying your appraisal manager. Also save time to prepare a log from first day.

Skill development - Bad

+4 more

Senior Associate in Bangalore / Bengaluru

Finance & Accounting Department

1.0

• posted on 14 Feb 2022

2.0

for Salary and Benefits

Likes

While joining everything will looks good but there is no growth at all.

Dislikes

...cs. No work life balance lot of favouritism especially in Accounts Payable team. No team outing, compensation is also not up to the market. If you want to go out of company also no one cares.

Salary - Poor

+6 more

Cat Modelling Analyst in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 30 Sep 2024

4.0

for Salary and Benefits

Likes

Manager and all are very supportive. Salary, Functions. Office premises

Salary - Good

+2 more

Dislikes

Toxic collegeus in axa XL cat modelling. Work life balance is very bad. Can't able to be happy anytime. Not even talk the working colleagues.

Work satisfaction - Bad

+1 more

Process Specialist in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 11 May 2024

3.0

for Salary and Benefits

Likes

Good Health Benefits Job Security Flexible Working Hours Salary as per market standards

Job security - Good

Dislikes

Micromanagement Poor Senior Leadership Senior Management do not ask about employee opinions No work life balance as Senior Leadership reach out to you beyond office hours Very Sad and depressing daily work Environment No female colleague safety as transport facilities not provided to female employee who are working beyond 7pm

Company culture - Poor

+1 more

Senior Process Specialist in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 29 Apr 2023

4.0

for Salary and Benefits

Likes

Salary, shift timing, official getaways, GDOG

Salary - Good

Dislikes

Poor management, polices formed for empowering employees are not beneficial as main power still given in the hands of management. Women not promoted giving reason of maternity leave.

Skill development - Poor

+5 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Axa XL Financial Associate Salary FAQs

What is the salary of Financial Associate at Axa XL in Bangalore / Bengaluru?

The average salary of a Financial Associate at Axa XL in Bangalore / Bengaluru typically ranges from ₹4.8 Lakhs to ₹6.7 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Financial Associate in Bangalore / Bengaluru at Axa XL earn more than ₹6.7 Lakhs per year, and the top 1% earn over ₹6.7 Lakhs per year. Financial Associate Salaries at Axa XL 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 10+ Axa XL employees in India.

What is the estimated take home salary of a Financial Associate at Axa XL in Bangalore / Bengaluru?

The estimated take-home salary of a Financial Associate at Axa XL in Bangalore / Bengaluru typically ranges from ₹50,098 to ₹51,281 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹6.7 Lakhs per year for employees with experience ranging from 1 year to 5 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 10+ salaries received from various employees of Axa XL. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Financial Associate at Axa XL in Bangalore / Bengaluru?

To be a Financial Associate at Axa XL in Bangalore / Bengaluru, the key skills required include:

- Accounting
- Accounts Payable
- Excel
- P2P
- Bank Reconciliation

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

Which companies offer higher salaries than Axa XL for Financial Associate in India?

Swiss Re

₹13.0 Lakhs to ₹20.0 Lakhs per year

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

What is the salary of a Financial Associate in companies similar to Axa XL in Bangalore / Bengaluru?

The salary of a Financial Associate at companies similar to Axa XL in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AIG	₹4.0 Lakhs to ₹5.2 Lakhs per year
DXC Technology	₹1.8 Lakhs to ₹5.5 Lakhs per year
HDFC Life	₹2.0 Lakhs to ₹3.0 Lakhs per year
Gallagher	₹2.2 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 Financial Associate at Axa XL in Bangalore / Bengaluru?

The salary growth for a Financial Associate at Axa XL in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Financial Associate in Bangalore / Bengaluru can expect the following growth trajectory at Axa XL:

Experience	Average Salary Range
1 year	₹6.0 Lakhs to ₹7.6 Lakhs per year
2 years	₹5.3 Lakhs to ₹11.9 Lakhs per year
3 years	₹5.0 Lakhs to ₹6.7 Lakhs per year
4 years	₹4.8 Lakhs to ₹6.7 Lakhs per year

and so on.

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Axa XL Financial Associate Salaries in Bangalore / Bengaluru

Axa XL Financial Associate salary in Bangalore / Bengaluru ranges between ₹4.8 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Axa XL latest salaries received from various employees of Axa XL.