Coverfox Operations Manager Salaries by 7 Employees

1 - 9 years exp.

₹3.1 Lakhs - ₹10.4 Lakhs

Salary of majority employees

46% less than the average Operations Manager Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Manager Salary 1 - 5 years exp. (3 salaries)	₹3.1 L/yr - ₹5.8 L/yr
Customer Success, Service & Operations Operations Manager Salary 5 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹8.9 L/yr
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Sales & Business Development Operations Manager Salary 8 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 2 Dec 2023

Companies similar to Coverfox for Operations Manager

Company name	Avg Annual Salary	Open Jobs
AXA Business Services Operations Manager Salary 11 - 20 years exp. (29 salaries)	₹10.1 L/yr - ₹25 L/yr 246% more
Tata AIA Life Insurance Operations Manager Salary 0 - 18 years exp. (21 salaries)	₹6.5 L/yr - ₹15.6 L/yr 99% more
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Bajaj Allianz Life Insurance Operations Manager Salary 4 - 19 years exp. (17 salaries)	₹3.5 L/yr - ₹15 L/yr 43% more
Prudent Insurance Brokers Operations Manager Salary 7 - 9 years exp. (7 salaries)	₹5 L/yr - ₹11 L/yr 30% more
Europ Assistance India Operations Manager Salary 3 - 20 years exp. (7 salaries)	₹2 L/yr - ₹11 L/yr 6% more
Kotak Mahindra General Insurance Operations Manager Salary 1 - 11 years exp. (5 salaries)	₹2.2 L/yr - ₹5.4 L/yr 23% less
Marsh India Insurance Brokers Operations Manager Salary 8 - 11 years exp. (5 salaries)	₹6.5 L/yr - ₹8 L/yr 30% more
Health India Tpa Services Operations Manager Salary 4 - 9 years exp. (5 salaries)	₹2.3 L/yr - ₹8.8 L/yr 20% less
CHCS Services India Pvt. Ltd. Operations Manager Salary 13 - 17 years exp. (4 salaries)	₹14 L/yr - ₹19 L/yr 177% more
Raksha TPA Operations Manager Salary 9 - 11 years exp. (4 salaries)	₹5.5 L/yr - ₹9.2 L/yr 15% more
Vidal Health Tpa Operations Manager Salary 8 - 10 years exp. (4 salaries)	₹9.5 L/yr - ₹16.5 L/yr 108% more
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Health Insurance TPA of India Operations Manager Salary 8 - 15 years exp. (4 salaries)	₹9.3 L/yr - ₹13.5 L/yr 99% more
Spectrum Insurance Distribution Operations Manager Salary 9 - 18 years exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 3% more
Alliance Insurance Brokers Operations Manager Salary 7 - 12 years exp. (3 salaries)	₹8.3 L/yr - ₹10.2 L/yr 51% more
Absolute Insurance Surveyors and Loss Assessors Operations Manager Salary 17 - 19 years exp. (3 salaries)	₹6.8 L/yr - ₹8.7 L/yr 29% more

Operations Manager salary at Coverfox ranges between ₹3.1 Lakhs to ₹10.4 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Coverfox.

Experience wise Coverfox Operations Manager salaries

Last Updated: 2 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
8 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
9 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr

View all

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Senior Operations Manager Salary

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₹13.5 L/yr - ₹17.3 L/yr

Service Manager Salary

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₹2.4 L/yr - ₹4.1 L/yr

Area Manager Salary

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Operations Executive Salary

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Customer Service Manager Salary

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Salary related reviews for Coverfox

1.0

Rated by 1 employees for salary & benefits

Senior Manager in Mumbai

Full Time

Sales & Business Development Department

2.0

• posted on 07 Mar 2024

3.0

for Salary and Benefits

Likes

For tech people, all guys leaves around 8 PM daily, for other they leave at 6PM. There are only 120 employees in this company

Company culture - Good

+1 more

Dislikes

JOB SECURITY- This company running on Losses, dependent on Investors to pay salary, 2 Months salary was not paid to all companies on Jan 2023 and Feb 2023, which still remains uppaid to this date. Forget appraisels, Appraisels are suppose to happen on april, but they conduct it on november, and that too dosnt give any hike..and they say that company is having lack of funds hence cannot give appraisals, If you are planning to join this company, negotiate to remove your variable amount and add it to your fixed, because dont expect to get variable component in this company.

Skill development - Bad

+3 more

HR MIS Executive in Chandivali

Data Science & Analytics Department

5.0

• posted on 02 Oct 2020

4.0

for Salary and Benefits

Likes

... leave coverfox supported me and helped to save my job and me time to stay safe. Company policy are Excellent they given good salary hike as usual every year coverfox team mates are very supportive and helpful.

Salary - Good

+6 more

Dislikes

Never given chance to grap.better opportunity to change my carrier.carrier growth is not high.

Team Lead Operations in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 16 Jul 2024

5.0

for Salary and Benefits

Likes

1) All the staffing are very cooperative 2) I made more friends 3) Learning has no barrier - Go and get done by your own leadership, is the culture which is very liked 4) Work life balance is great which is best in the industry

Salary - Excellent

+6 more

Dislikes

Travel to the office is in this location is not really great from my home. Auto-Mumbai Local-Metro-Auto and vise-versa for home.

Senior SEO Executive in Mumbai

Full Time

Marketing & Communication Department

5.0

• posted on 19 Jul 2024

5.0

for Salary and Benefits

Likes

Coverfox Insurance Broking Pvt. Ltd. has received positive reviews from both customers and employees. Customers appreciate the case of comparing and buying insurance policies online, with an average rating of 4 out of 5 based on 64 reviews. The company is also recognized for its diverse and inclusive environment and strong senior management.

Salary - Excellent

+6 more

Chief Staff in Mumbai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 23 Jul 2024

5.0

for Salary and Benefits

Likes

That the scope of growth, exposure, learning & culture is great. They treat everyone with a lot of respect. I get a lot of freedom to work the way I want to.

Salary - Excellent

+6 more

Dislikes

Sometimes the variety of work might be too much

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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Coverfox Operations Manager Salary FAQs

What is the salary of Operations Manager at Coverfox ?

The average salary of a Operations Manager at Coverfox in India typically ranges from ₹3.1 Lakhs to ₹10.4 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Operations Manager at Coverfox earn more than ₹10.4 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Operations Manager Salaries at Coverfox 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 7 Coverfox employees in India.

What is the estimated take home salary of a Operations Manager at Coverfox in India?

The estimated take-home salary of a Operations Manager at Coverfox in India typically ranges from ₹44,688 to ₹45,783 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹10.4 Lakhs per year for employees with experience ranging from 1 year to 9 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 7 salaries received from various employees of Coverfox. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Coverfox for Operations Manager in India?

AXA Business Services	₹10.1 Lakhs to ₹25.0 Lakhs per year
CHCS Services India Pvt. Ltd.	₹14.0 Lakhs to ₹19.0 Lakhs per year
Vidal Health Tpa	₹9.5 Lakhs to ₹16.5 Lakhs per year
Tata AIA Life Insurance	₹6.5 Lakhs to ₹15.6 Lakhs per year
Health Insurance TPA of India	₹9.3 Lakhs to ₹13.5 Lakhs per year

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

What is the salary of a Operations Manager in companies similar to Coverfox in India?

The salary of a Operations Manager at companies similar to Coverfox in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Alliance Insurance Brokers	₹8.3 Lakhs to ₹10.2 Lakhs per year
Bajaj Allianz Life Insurance	₹3.5 Lakhs to ₹15.0 Lakhs per year
Marsh India Insurance Brokers	₹6.5 Lakhs to ₹8.0 Lakhs per year
Prudent Insurance Brokers	₹5.0 Lakhs to ₹11.0 Lakhs per year
Absolute Insurance Surveyors and Loss Assessors	₹6.8 Lakhs to ₹8.7 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 Operations Manager at Coverfox in India?

The salary growth for a Operations Manager at Coverfox depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at Coverfox:

Experience	Average Salary Range
1 year	₹2.8 Lakhs to ₹3.6 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
3 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
4 years	₹4.5 Lakhs to ₹5.7 Lakhs per year

and so on.

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Coverfox Operations Manager Salaries

Coverfox Operations Manager salary in India ranges between ₹3.1 Lakhs to ₹10.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Coverfox latest salaries received from various employees of Coverfox.