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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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54% 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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IndusInd Bank Insurance Coordinator Salary

3 - 7 years exp. (3 salaries)

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₹2.8 L/yr - ₹4 L/yr

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₹1 L/yr - ₹2.2 L/yr

arrow icon 57% less
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₹2.4 L/yr - ₹4 L/yr

arrow icon 13% less
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₹2 L/yr - ₹4 L/yr

arrow icon 14% less
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₹2.5 L/yr - ₹3.6 L/yr

arrow icon 15% less
1 job opening
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
(116 salaries)
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₹1.8 L/yr - ₹9.5 L/yr
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₹1.2 L/yr - ₹4.8 L/yr
Deputy Manager Salary
(4 salaries)
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₹7 L/yr - ₹20.17 L/yr
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₹1.9 L/yr - ₹7.32 L/yr
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₹9.15 L/yr - ₹25 L/yr
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₹3.25 L/yr - ₹6 L/yr
Senior Analyst Salary
(861 salaries)
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₹11.78 L/yr - ₹38.1 L/yr
Analyst Salary
(763 salaries)
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₹8.25 L/yr - ₹30 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
  • Job security - Excellent
  • +1 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
  • Skill development - Poor
  • +2 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.

read more
  • Salary - Excellent
  • +6 more

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.

read more

EDMA Department

1.0
  •  posted on 09 Mar 2022

2.0
 for  Salary and Benefits

Likes

Nothing exceptional , just an another service class company.

  • Job security - Good

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.

read more
  • Salary - Poor
  • +5 more

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

  • Skill development - Excellent
  • +4 more

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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  • Salary - Poor
  • +1 more

BFSI, Investments & Trading Department

4.0
  •  posted on 12 Oct 2017

3.0
 for  Salary and Benefits

Likes

Mentioned abpve

  • Skill development - Good
  • +3 more

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 ?
The average salary of a Insurance Coordinator at Bank of America in India typically ranges from ₹3.3 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Insurance Coordinator at Bank of America earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Insurance Coordinator Salaries at Bank of America 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 6 Bank of America employees in India.
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 in India typically ranges from ₹25,912 to ₹27,338 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from 1 year to 3 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 6 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Insurance Coordinator in companies similar to Bank of America in India?
The salary of a Insurance Coordinator at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank ₹2.8 Lakhs to ₹4.0 Lakhs per year
Dr.Kamakshi Memorial Hospital ₹2.4 Lakhs to ₹4.0 Lakhs per year
King Fahad Specialist Hospital ₹2.0 Lakhs to ₹4.0 Lakhs per year
Medical Trust Hospital ₹2.5 Lakhs to ₹3.6 Lakhs per year
MDIndia Health Insurance TPA ₹1.0 Lakhs to ₹2.2 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 Insurance Coordinator at Bank of America in India?
The salary growth for a Insurance Coordinator at Bank of America depends on factors such as experience, performance, and promotions. On average, a Insurance Coordinator can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
1 year ₹3.3 Lakhs to ₹3.5 Lakhs per year
2 years ₹3.5 Lakhs to ₹3.8 Lakhs per year
3 years ₹3.8 Lakhs to ₹3.9 Lakhs per year
and so on.

Tell us how to improve this page.

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.