Coverfox SME Salaries by 20+ Employees

2 - 6 years exp.

₹3.2 Lakhs - ₹5.6 Lakhs

Salary of majority employees

29% less than the average SME Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Sales & Business Development SME Salary 2 - 5 years exp. (11 salaries)	₹3.9 L/yr - ₹5.6 L/yr
BFSI, Investments & Trading SME Salary 2 - 6 years exp. (7 salaries)	₹3.2 L/yr - ₹5.2 L/yr
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Customer Success, Service & Operations SME Salary 4 - 5 years exp. (4 salaries)	₹3.8 L/yr - ₹5 L/yr
Finance & Accounting SME Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.9 L/yr

Last Updated: 16 Mar 2023

Companies similar to Coverfox for SME

Company name	Avg Annual Salary	Open Jobs
AXA Business Services SME Salary 4 - 11 years exp. (171 salaries)	₹2.8 L/yr - ₹9 L/yr 50% more
Bajaj Allianz Life Insurance SME Salary 0 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3.6 L/yr 26% less
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Accenture SME Salary 2 - 13 years exp. (4.4k salaries)	₹2.8 L/yr - ₹10.6 L/yr 58% more	76 job openings
Cognizant SME Salary 2 - 13 years exp. (4.4k salaries)	₹2.4 L/yr - ₹10 L/yr 49% more	1 job opening
Tech Mahindra SME Salary 0 - 9 years exp. (1.8k salaries)	₹1 L/yr - ₹7.5 L/yr 12% less

SME salary at Coverfox ranges between ₹3.2 Lakhs to ₹5.6 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 27 latest salaries received from various employees of Coverfox.

Experience wise Coverfox SME salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (4 salaries)	₹1.6 L/yr - ₹5.1 L/yr
3 years (5 salaries)	₹3.2 L/yr - ₹4.6 L/yr
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4 years (11 salaries)	₹3.8 L/yr - ₹5 L/yr
5 years (6 salaries)	₹4 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.2 L/yr

From

SME

₹

Lakhs/yr

2 - 6 years exp.

Senior Team Leader

₹

Lakhs/yr

4 - 7 years exp.

SME 2 - 6 years exp.

Team Lead 1 - 8 years exp.

5% hike

Senior Team Leader 4 - 7 years exp.

44% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Coverfox

Customer Advisor Salary

(38 salaries)

₹2.4 L/yr - ₹4 L/yr

Team Lead Salary

(23 salaries)

₹3.2 L/yr - ₹5.6 L/yr

Quality Analyst Salary

(20 salaries)

₹2.5 L/yr - ₹5.15 L/yr

Sales Executive Salary

(18 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Operations Executive Salary

(16 salaries)

₹2.5 L/yr - ₹4.3 L/yr

Senior Team Leader Salary

(13 salaries)

₹5.25 L/yr - ₹7.3 L/yr

Senior Customer Advisor Salary

(12 salaries)

₹3 L/yr - ₹4.8 L/yr

Senior Advisor Salary

(8 salaries)

₹3.2 L/yr - ₹4.6 L/yr

Operations Manager Salary

(7 salaries)

₹3.1 L/yr - ₹10.42 L/yr

Investment Advisor Salary

(6 salaries)

₹3 L/yr - ₹3.65 L/yr

Salary related reviews for Coverfox

3.4

Rated by 5 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

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

Got a question about Coverfox?

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Coverfox SME Salary FAQs

What is the salary of SME at Coverfox ?

The average salary of a SME at Coverfox in India typically ranges from ₹3.2 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of SME at Coverfox earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. SME 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 20+ Coverfox employees in India.

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

The estimated take-home salary of a SME at Coverfox in India typically ranges from ₹31,116 to ₹32,414 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 2 years to 6 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 20+ 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 SME in India?

Accenture	₹2.8 Lakhs to ₹10.6 Lakhs per year
AXA Business Services	₹2.8 Lakhs to ₹9.0 Lakhs per year
Cognizant	₹2.4 Lakhs to ₹10.0 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 SME in companies similar to Coverfox in India?

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

Tech Mahindra	₹1.0 Lakhs to ₹7.5 Lakhs per year
Bajaj Allianz Life Insurance	₹2.5 Lakhs to ₹3.6 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 SME at Coverfox in India?

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

Experience	Average Salary Range
2 years	₹1.6 Lakhs to ₹5.1 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.6 Lakhs per year
4 years	₹3.8 Lakhs to ₹5.0 Lakhs per year
5 years	₹4.0 Lakhs to ₹5.6 Lakhs per year

and so on.

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Coverfox SME Salaries

Coverfox SME salary in India ranges between ₹3.2 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Coverfox latest salaries received from various employees of Coverfox.