Digit Insurance Process Associate Salaries by 10 Employees (Updated 2024)

0 - 6 years exp.

₹3.2 Lakhs - ₹5.7 Lakhs

Low Confidence

Salary of majority employees

37% more than the average Process Associate Salary in Insurance Companies for 0 - 6 years of experience

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Last Updated: 11 Nov 2024

Companies similar to Digit Insurance for Process Associate

Company name	Avg Annual Salary	Open Jobs
PolicyBazaar Process Associate Salary 0 - 5 years exp. (29 salaries)	₹2 L/yr - ₹4.2 L/yr 32% less
ICICI Lombard General Insurance Company Process Associate Salary 0 - 6 years exp. (10 salaries)	₹1.8 L/yr - ₹3 L/yr 44% less
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HDFC Ergo General Insurance Process Associate Salary 1 - 7 years exp. (6 salaries)	₹2.5 L/yr - ₹6.8 L/yr 17% less
Reliance General Insurance Process Associate Salary 0 - 3 years exp. (4 salaries)	₹1.1 L/yr - ₹3.2 L/yr 43% less
Tata AIG Process Associate Salary 0 - 5 years exp. (9 salaries)	₹1.5 L/yr - ₹4 L/yr 41% less
Future Generali India Life Insurance Process Associate Salary 0 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹8 L/yr 3% more
Allianz Partners Process Associate Salary 1 - 5 years exp. (57 salaries)	₹3 L/yr - ₹6.4 L/yr 9% more
MetLife Process Associate Salary 0 - 5 years exp. (24 salaries)	₹2.1 L/yr - ₹3.5 L/yr 33% less
Principal Global Services Process Associate Salary 2 - 8 years exp. (27 salaries)	₹2.5 L/yr - ₹6 L/yr 6% more
Medi Assist India Process Associate Salary 0 - 4 years exp. (17 salaries)	₹1.6 L/yr - ₹3.2 L/yr 49% less
Edelweiss Tokio Life Insurance Process Associate Salary 0 - 6 years exp. (6 salaries)	₹4.2 L/yr - ₹4.5 L/yr At par
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Axa XL Process Associate Salary 3 - 4 years exp. (6 salaries)	₹5.3 L/yr - ₹7.4 L/yr 43% more
Swiss Re Process Associate Salary 2 - 11 years exp. (5 salaries)	₹3.8 L/yr - ₹8.4 L/yr 46% more
Royal Sundaram General Insurance Process Associate Salary 1 - 4 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr 41% less
Cholamandalam MS General Insurance Process Associate Salary 2 - 9 years exp. (3 salaries)	₹1.5 L/yr - ₹2 L/yr 62% less

Process Associate salary at Digit Insurance ranges between ₹3.2 Lakhs to ₹5.7 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 10 latest salaries received from various employees of Digit Insurance.

Experience wise Digit Insurance Process Associate salaries

Last Updated: 11 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹7.2 L/yr
1 year (AmbitionBox Estimate)	₹3.4 L/yr - ₹7.4 L/yr
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2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.7 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.7 L/yr

View all

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Salary related reviews for Digit Insurance

2.8

Rated by 4 employees for salary & benefits

Software Developer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

1.0

• posted on 10 Jun 2024

1.0

for Salary and Benefits

Likes

Nothing. Faltu company with Faltu management. Job security is good join only if you are above 40 or nearing 50ish. It is good for freshers too so you can get the experience letter and switch to better organization.

Dislikes

Everything. A company where the upper management eats up all the salary and benefits and others are treated as a peasant.

Tech Lead in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 15 Nov 2023

1.0

for Salary and Benefits

Likes

There is nothing good left now. The company was good earlier, now it is degrading in terms of work culture and employee benefits.

Dislikes

... reducing employee benefits in all terms. They don't accept for hybrid culture. They name themselves as insuretech but when Employees ask to pay as per the standards, They say they are only insurance company and not tech company.

Vice President Engineering in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

5.0

• posted on 25 Oct 2023

4.0

for Salary and Benefits

Likes

...ions. Long term retention plans for Junior candidates Variable Bonus above 120% Market correction in compensation every year

Dislikes

If you are expert, you will get lot of work but along with good rewards and appreciation. But sometimes the same employee giving up even getting everything due to continuous work and pressure.

Regional Business Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 18 Oct 2023

5.0

for Salary and Benefits

Likes

- Fast growing company supports fast growth those who work hard, - Providing fair & Competitive compensation recognized as great place to work with, digit provides everything fairly - easily approachable seniors as all levels - work life balance - Having inspiring leadership.

Dislikes

Nothing

Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

3.0

• posted on 25 Oct 2023

3.0

for Salary and Benefits

Likes

Good learning opportunity for freshers with good package.

Dislikes

Work from office , there is no option called WFH, fresher and experience person will not have salary different , some cases freshers will be getting more pay than senior . there is no equal distribution of work ,among teammates

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Digit Insurance Process Associate Salary FAQs

What is the salary of Process Associate at Digit Insurance?

Process Associate salary at Digit Insurance in India ranges between ₹3.2 Lakhs to ₹5.7 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 37% more than the average Process Associate Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Digit Insurance India.

How does the salary of a Process Associate at Digit Insurance India compare with the average salary range for this job?

The average salary of a Process Associate at Digit Insurance is 37% more than the average salary of a Process Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Digit Insurance to a Process Associate in India?

Swiss Re Process Associate Salary - ₹3.8 Lakhs to ₹8.4 Lakhs per year
Axa XL Process Associate Salary - ₹5.3 Lakhs to ₹7.4 Lakhs per year
Allianz Partners Process Associate Salary - ₹3.0 Lakhs to ₹6.4 Lakhs per year
Principal Global Services Process Associate Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Future Generali India Life Insurance Process Associate Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Process Associate in companies similar to Digit Insurance in India?

Edelweiss Tokio Life Insurance Process Associate Salary - ₹4.2 Lakhs to ₹4.5 Lakhs per year
HDFC Ergo General Insurance Process Associate Salary - ₹2.5 Lakhs to ₹6.8 Lakhs per year
PolicyBazaar Process Associate Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year
MetLife Process Associate Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year
Royal Sundaram General Insurance Process Associate Salary - ₹2.0 Lakhs to ₹3.2 Lakhs per year

What is the estimated take home salary of a Process Associate at Digit Insurance in India?

The estimated take-home salary of a Process Associate at Digit Insurance ranges between ₹32,362 per month to ₹33,641 per month in India. The take-home salary calculation is based on the average Digit Insurance Process Associate salary in India which ranges between ₹3.2 Lakhs to ₹5.7 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Process Associate at Digit Insurance?

According to AmbitionBox, 50% of the Digit Insurance Process Associates reported a notice period of 2 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Digit Insurance Process Associate Salaries

Digit Insurance Process Associate salary in India ranges between ₹3.2 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Digit Insurance latest salaries received from various employees of Digit Insurance.