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Bank of America Insurance Coordinator salaries in India

Annual salary range
1 - 3 years exp.
₹3.3 Lakhs - ₹3.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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67% more than the average Insurance Coordinator Salary in Banking Companies for 1 - 3 years of experience

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Salaries in different departments

Finance & Accounting
Insurance Coordinator Salary
1 - 3 years exp. (3 salaries)
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₹3.5 L/yr - ₹3.9 L/yr

BFSI, Investments & Trading
Insurance Coordinator Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹3.8 L/yr

Data Science & Analytics
Insurance Coordinator Salary
1 year exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.6 L/yr

Last Updated: 5 Jun 2024

Companies similar to Bank of America for Insurance Coordinator

Company name Avg Annual Salary Open Jobs
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₹1 L/yr - ₹2.2 L/yr

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₹2 L/yr - ₹3 L/yr

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₹1.5 L/yr - ₹2 L/yr

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₹2.5 L/yr - ₹3.6 L/yr

arrow icon 15% less
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₹1.8 L/yr - ₹4 L/yr

arrow icon 20% less
Insurance Coordinator salary at Bank of America ranges between ₹3.3 Lakhs to ₹3.9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Insurance Coordinator

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Experience wise Bank of America Insurance Coordinator salaries

Last Updated: 5 Jun 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.3 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹3.9 L/yr

Similar Designation salaries in Bank of America

Accountant Salary
(3 salaries)
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₹2.4 L/yr - ₹5.1 L/yr
Senior Associate Salary
(142 salaries)
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₹2 L/yr - ₹7.29 L/yr
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₹2 L/yr - ₹6 L/yr
Deputy Manager Salary
(3 salaries)
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₹12.5 L/yr - ₹27.5 L/yr
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₹3.25 L/yr - ₹8.56 L/yr
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₹3.25 L/yr - ₹6 L/yr
Senior Analyst Salary
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₹12 L/yr - ₹38.1 L/yr
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(801 salaries)
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₹7.68 L/yr - ₹30 L/yr
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₹4 L/yr - ₹40 L/yr

Salary related reviews for Bank of America

5.0

Rated by 2 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 07 May 2023

3.0
 for  Salary and Benefits

Likes

The pay is on time, reimbursements are not a problem. Lot of free time and not much stress over deadlines.

read more

Dislikes

No deadline stress means no motivation to at all complete work. No promotions, you could possibly retire without a promotion, I seem to be on that journey right now. Also, any harassment complaints fall on deaf ears, even if you are a female employee..the harasser will just be moved to a different department.

read more

GIS Department

5.0
  •  posted on 27 Jan 2022

5.0
 for  Salary and Benefits

Likes

...d it's the company with a great work ethics, work life balance and job security. Salary is all fixed + Sodexo & transport as an extra benefits. But since it's a bank, lot of projects are on legacy and switching from one technology to another is so difficult, it's only possible if you have good relations with leadership.

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Dislikes

Since it's a bank so lot of legacy project and some of the guys working in a project from 10-12 years. So it's quiet difficult to get a good latest technology project or if you want to switch technology then you should have good relationship with manager. The other problem is with their is nothing like HR, they always say we are here for you but they are for managers only, and there is no value of associate in their eyes. They just came in picture for selling parental insurance, diversity and throwing policies on associates.

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EDMA Department

1.0
  •  posted on 09 Mar 2022

2.0
 for  Salary and Benefits

Likes

Nothing exceptional , just an another service class company.

Dislikes

Service class company with senior posts occupied from TCS return candidates. selectivitism in salary hikes and promotions. dont join if you are looking for career growth.

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Engineering - Software & QA Department

4.0
  •  posted on 11 Jun 2021

2.0
 for  Salary and Benefits

Likes

Work life balance is great and opportunities for learning

Dislikes

Compensation normalisation is really weak, you need to negotiate and join with good salary, else your pay will be low , even comparing with campus grad

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BFSI, Investments & Trading Department

4.0
  •  posted on 12 Oct 2017

3.0
 for  Salary and Benefits

Likes

Mentioned abpve

Dislikes

1. Teammates - Colleagues are good. 2. Learning - Company is very good for self development as it provides various trainings on monthly basis. You can enroll yourself with consent of your leaders. 3. Job Security - Highly satisfied but at the same time no personal growth if you get stuck in comfort zone. Salary - Compensation is very less especially for freshers, Also, yearly increment is very less. I would suggest not to join if salary is primary factor other than work life balance and brand name. Politics - You will get it in every company/place. Some processes are highly corrupted. However, some are genuinely good to showcase your skills and get appreciated on your initiatives and skills. Work Environment - Very matured, Work Life Balance - is too good. Very good for females who want to spend years in this company without expecting much. Very flexible

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Bank of America Insurance Coordinator Salary FAQs

What is the salary of Insurance Coordinator at Bank of America?
Insurance Coordinator salary at Bank of America in India ranges between ₹3.3 Lakhs to ₹3.9 Lakhs for experience between 1 years to 3 years. According to our estimates it is 67% more than the average Insurance Coordinator Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Bank of America India.
How does the salary of a Insurance Coordinator at Bank of America India compare with the average salary range for this job?
The average salary of a Insurance Coordinator at Bank of America is 67% more than the average salary of a Insurance Coordinator in India. To know exact salary insights, login to view.
What is the salary of a Insurance Coordinator in companies similar to Bank of America in India?
  • Medical Trust Hospital Insurance Coordinator Salary - ₹2.5 Lakhs to ₹3.6 Lakhs per year
  • King Fahad Specialist Hospital Insurance Coordinator Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
  • Dr.Kamakshi Memorial Hospital Insurance Coordinator Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
  • Medi Assist India Insurance Coordinator Salary - ₹1.5 Lakhs to ₹2.0 Lakhs per year
  • MDIndia Health Insurance TPA Insurance Coordinator Salary - ₹1.0 Lakhs to ₹2.2 Lakhs per year
What is the estimated take home salary of a Insurance Coordinator at Bank of America in India?
The estimated take-home salary of a Insurance Coordinator at Bank of America ranges between ₹25,912 per month to ₹27,338 per month in India. The take-home salary calculation is based on the average Bank of America Insurance Coordinator salary in India which ranges between ₹3.3 Lakhs to ₹3.9 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?
What is the notice period for Insurance Coordinator at Bank of America?
According to AmbitionBox, 50% of the Bank of America Insurance Coordinators reported a notice period of 2 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Bank of America Insurance Coordinator salary in India ranges between ₹3.3 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Bank of America latest salaries received from various employees of Bank of America.