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EXL Service Insurance Associate salaries in India (Updated 2025)

Annual salary range
1 - 5 years exp.
₹1.6 Lakh - ₹3.7 Lakhs
Salary of majority employees
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23% less than the average Insurance Associate Salary in Analytics & KPO Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Insurance Associate Salary
1 - 5 years exp. (13 salaries)
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₹1.7 L/yr - ₹3.7 L/yr

Finance & Accounting
Insurance Associate Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.5 L/yr

Last Updated: 4 Jan 2025

Companies similar to EXL Service for Insurance Associate

Company name Avg Annual Salary Open Jobs
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Genpact Insurance Associate Salary

1 - 4 years exp. (28 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 11% more
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WNS Insurance Associate Salary

0 - 9 years exp. (30 salaries)

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₹2 L/yr - ₹5.2 L/yr

arrow icon 44% more
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TCS Insurance Associate Salary

0 - 5 years exp. (100 salaries)

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₹1.5 L/yr - ₹3.8 L/yr

arrow icon 5% more
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HCLTech Insurance Associate Salary

1 - 4 years exp. (22 salaries)

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₹2.6 L/yr - ₹4 L/yr

arrow icon 29% more
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Cognizant Insurance Associate Salary

1 - 4 years exp. (7 salaries)

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₹1.1 L/yr - ₹3.6 L/yr

arrow icon 14% more
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Accenture Insurance Associate Salary

0 - 5 years exp. (60 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 27% more
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AGS Health Insurance Associate Salary

2 - 5 years exp. (3 salaries)

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₹2.1 L/yr - ₹4.1 L/yr

arrow icon 14% more

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Insurance Associate salary at EXL Service ranges between ₹1.6 Lakh to ₹3.7 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 22 latest salaries received from various employees of EXL Service.

Latest annual salaries shared by EXL Service Insurance Associate

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Experience wise EXL Service Insurance Associate salaries

Last Updated: 4 Jan 2025

Experience Avg Annual Salary
1 year  (8 salaries)

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₹1.6 L/yr - ₹2.5 L/yr
2 years  (5 salaries)

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₹1.8 L/yr - ₹3 L/yr
3 years  (4 salaries)

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₹1.6 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹3.1 L/yr
5 years  (3 salaries)

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₹1.1 L/yr - ₹3.7 L/yr
EXL Service Insurance Associate Salary and Career Growth

From

To

Insurance Associate

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1 - 5 years exp.

Vice President

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15 - 23 years exp.

Insurance Associate 1 - 5 years exp.
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Quality Compliance Analyst 3 - 11 years exp.
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arrow icon 53% hike
Assistant Manager 0 - 14 years exp.
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arrow icon 128% hike

View more

From

7 more levels

To

Insurance Associate

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1 - 5 years exp.

Vice President Operations

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19 - 25 years exp.

Similar Designation salaries in EXL Service

Senior Associate Salary
(2.4k salaries)
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₹1.19 L/yr - ₹8 L/yr
Process Associate Salary
(492 salaries)
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₹1.15 L/yr - ₹4.8 L/yr
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₹1.55 L/yr - ₹4 L/yr
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₹1.6 L/yr - ₹6.3 L/yr
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₹1.7 L/yr - ₹5.05 L/yr
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₹6 L/yr - ₹20 L/yr
Quality Analyst Salary
(185 salaries)
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₹1.8 L/yr - ₹8.2 L/yr
Analyst Salary
(300 salaries)
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₹1.75 L/yr - ₹8 L/yr
Supervisor Salary
(5 salaries)
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₹1.7 L/yr - ₹4.5 L/yr
Senior Analyst Salary
(248 salaries)
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₹2.5 L/yr - ₹10 L/yr

Top skills at EXL Service for Insurance Associate

Insurance Policy Analysis
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Salary related reviews for EXL Service

3.2

Rated by 9 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 12 Jul 2022

3.0
 for  Salary and Benefits

Likes

It was ok as all big MNCs but there a many pros and cons like every organization Job security is there . They don't terminate u simply unless u don't do anything against their compliances They even paid me during the time of pandemic without doing any job Employee centric company it is

read more
  • Job security - Good
  • +1 more

Dislikes

Politics , favorism , discrimination , cab comes before 1.5 hours or 2 before the work and leaves very late Sometimes I felt school was much better No Saturday or Sunday holidays Too much rules and regulations If u work you'll get paid only Long procedure to take leaves also

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 02 Feb 2025

4.0
 for  Salary and Benefits

Likes

I like the culture and the atmosphere of the office. Management is also the plus point of the review and they should also be appreciated for there hard work.

read more
  • Salary - Good
  • +5 more

Dislikes

Salary package is excellent for experienced. Fresher will get the decent amount.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 03 Oct 2024

2.0
 for  Salary and Benefits

Likes

Their work culture is good overe there all supervisors and managers are supportive.

  • Job security - Good
  • +3 more

Dislikes

Their salary structure they don't do increment as employee expectations. And also they don't offers good salary to their employees in insurance Process.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 29 Feb 2024

3.0
 for  Salary and Benefits

Likes

EXL Service is a good company overall in case of IJPs. If you are looking to learn and grow fast EXL is a good option.

  • Skill development - Excellent
  • +5 more

Dislikes

The only drawback in working with EXL is the salary. The salary is very low as compared to market standards and if someone wants to leave they don't have a retention policy of offering an increment. No matter how how big of an asset you are for the company they won't retain you unless you are on the level of OPS manager and above. Even if your manager tries the HR won't approve a pay raise. On The contrary while hiring QA from outside they offer good package but won't offer the same to a QA who has been outperforming in the process and seems to be a valuable asset.

read more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 05 Jan 2024

2.0
 for  Salary and Benefits

Likes

Work from home . if you're a fresher graduate you can.

Dislikes

Salary... they give salary in penny, chillers, Managers. I want to take names Kiran and mukesh ( she is real evil ) Ther are the real enemy they will cut you down after hiring 1.5 lac to 2 lac freshers😆 this is how they justify their salary... You can't take you CL PL SL, if you want you have to work on Saturday, I don't know when or ever government will look these matters? They will deduct employees PF plus employers pension amount from your salary 😆😆😆 And because you are the employee you cant argue about it because boss is always right.. (This is Illigal) And HRs they will sell themselves in just 2 thousands. Good luck 🤞

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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EXL Service Insurance Associate Salary FAQs

What is the salary of Insurance Associate at EXL Service?
Insurance Associate salary at EXL Service in India ranges between ₹1.6 Lakhs to ₹3.7 Lakhs for experience between 1 years to 5 years. According to our estimates it is 23% less than the average Insurance Associate Salary in India. Salary estimates are based on 22 latest salaries received from various employees of EXL Service India.
How does the salary of a Insurance Associate at EXL Service India compare with the average salary range for this job?
The average salary of a Insurance Associate at EXL Service is 23% less than the average salary of a Insurance Associate in India. To know exact salary insights, login to view.
What are the top skills required to work as a Insurance Associate at EXL Service?
Insurance and Policy Analysis are some of the popular skills required to work as a Insurance Associate at EXL Service India.
Which similar companies are paying more than EXL Service to a Insurance Associate in India?
  • WNS Insurance Associate Salary - ₹2.0 Lakhs to ₹5.2 Lakhs per year
  • HCLTech Insurance Associate Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
  • Accenture Insurance Associate Salary - ₹2.0 Lakhs to ₹4.8 Lakhs per year
  • AGS Health Insurance Associate Salary - ₹2.1 Lakhs to ₹4.1 Lakhs per year
  • Cognizant Insurance Associate Salary - ₹1.1 Lakhs to ₹3.6 Lakhs per year
What is the salary of a Insurance Associate in companies similar to EXL Service in India?
  • Genpact Insurance Associate Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
  • TCS Insurance Associate Salary - ₹1.5 Lakhs to ₹3.8 Lakhs per year
What is the estimated take home salary of a Insurance Associate at EXL Service in India?
The estimated take-home salary of a Insurance Associate at EXL Service ranges between ₹17,515 per month to ₹19,215 per month in India. The take-home salary calculation is based on the average EXL Service Insurance Associate salary in India which ranges between ₹1.6 Lakhs to ₹3.7 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Insurance Associate at EXL Service?
According to AmbitionBox, 36% of the EXL Service Insurance Associates reported a notice period of 1 Month, 37% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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EXL Service Insurance Associate salary in India ranges between ₹1.6 Lakh to ₹3.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 22 EXL Service latest salaries received from various employees of EXL Service.