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EXL Service Insurance Associate salaries in India (Updated 2025)

Annual salary range
1 - 5 years exp.
₹1.7 Lakh - ₹4.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Insurance Associate Salary at EXL Service ranges between ₹1.7 Lakh to ₹4.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 26 latest salaries received from... Read more

At par with the average Insurance Associate Salary in IT Services & Consulting Companies for 1 - 5 years of experience

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Last Updated: 24 Jun 2025

Companies similar to EXL Service for Insurance Associate

Company name Avg Annual Salary Open Jobs
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DXC Technology Insurance Associate Salary

0 - 3 years exp. (6 salaries)

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₹2.4 L/yr - ₹2.7 L/yr

arrow icon 25% less
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NTT Data Insurance Associate Salary

0 - 6 years exp. (5 salaries)

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₹1.3 L/yr - ₹3.5 L/yr

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₹3 L/yr - ₹3.3 L/yr

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NTT DATA, Inc. Insurance Associate Salary

2 - 4 years exp. (3 salaries)

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₹2 L/yr - ₹3.2 L/yr

arrow icon 26% less
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Mphasis Insurance Associate Salary

2 - 6 years exp. (3 salaries)

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₹2 L/yr - ₹4.7 L/yr

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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 - 24 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 11% hike

Assistant Manager

0 - 14 years exp.
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arrow icon 142% hike

From

To

Insurance Associate

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1 - 5 years exp.

Vice President Operations

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19 - 25 years exp.

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.

Latest annual salaries shared by EXL Service Insurance Associate

3d ago
₹3.2 Lakhs
1 year exp.
2w ago
₹3.5 Lakhs
3 years exp.
1mo ago
₹4.5 Lakhs
4 years exp.
2mo ago
₹2.5 Lakhs
2 years exp.
3mo ago
₹2.5 Lakhs
3 years exp.
5mo ago
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1 year exp.
7mo ago
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3 years exp.
7mo ago
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5 years exp.
8mo ago
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5 years exp.
9mo ago
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1 year exp.

EXL Service Insurance Associate salaries by

Years of experience Avg. annual salary
1 year  (9 salaries)

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₹1.7 L/yr - ₹3.5 L/yr
2 years  (6 salaries)

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₹1.8 L/yr - ₹5.6 L/yr
3 years  (7 salaries)

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₹2.5 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.4 L/yr
5 years  (3 salaries)

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₹3.5 L/yr - ₹4.5 L/yr

Similar Designation Salaries at EXL Service

Similar Designation Avg. annual salary
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₹1 L/yr - ₹8.5 L/yr

unlock-blur

₹1 L/yr - ₹5.3 L/yr

unlock-blur

₹1.6 L/yr - ₹4 L/yr

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₹1.8 L/yr - ₹6.2 L/yr

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₹1.5 L/yr - ₹5.1 L/yr

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₹6 L/yr - ₹22 L/yr

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₹2.4 L/yr - ₹7.1 L/yr

Analyst Salary
(315 salaries)
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₹1.8 L/yr - ₹7.5 L/yr

Supervisor Salary
(5 salaries)
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₹1.7 L/yr - ₹4.5 L/yr

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₹2.5 L/yr - ₹10 L/yr

View more similar designations

What people are saying about EXL Service

View All
a software engineer ii
1w
Can Cognizant move up my start date?
Got freed up from my current project sooner than expected. Now I have 25 days before joining Cognizant. HR isn't really responding. Anyone know if they can adjust the joining date if I ask? Any help is appreciated!
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Salary related reviews for EXL Service

3.1

Rated by 12 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  updated 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

 · 

Media Production & Entertainment Department

5.0
  •  updated on 01 May 2025

4.0
 for  Salary and Benefits

Likes

The work environment is very good prosess is very nice managers, and team members of the organisation are very helpful. Cab facility was great with full security for womens. I was satisfied working with EXL my skills has been improved.

read more
  • Salary - Good
  • +6 more

Dislikes

Pramotion are quite late and salary bar should increase for the employees.

read more

Full Time

 · 

Other Department

1.0
  •  updated on 21 Mar 2025

1.0
 for  Salary and Benefits

Likes

As an organisation EXL may be good but the process under which I worked was pathetic and the manegement sucks.

Dislikes

The toxic culture, they don't pay the same amount to employees who have been working hard here from last 4-5 years but they pay the current market payout to the new employees

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  updated 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
  •  updated 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
see more salary related reviews

EXL Service Insurance Associate Salary FAQs

What is the salary of Insurance Associate at EXL Service ?
The average salary of a Insurance Associate at EXL Service in India typically ranges from ₹1.7 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Insurance Associate at EXL Service earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Insurance Associate Salaries at EXL Service 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+ EXL Service employees in India.
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 in India typically ranges from ₹25,298 to ₹26,732 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 5 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 EXL Service. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Insurance Associate at EXL Service ?
To be a Insurance Associate at EXL Service in india, the key skills required include:

  • - Insurance
  • - Policy Analysis

These skills are highly valued at EXL Service and are crucial for successful performance in a Software Engineering role.
What is the salary of a Insurance Associate in companies similar to EXL Service in India?
The salary of a Insurance Associate at companies similar to EXL Service in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sutherland Global Services ₹3.0 Lakhs to ₹3.3 Lakhs per year
Mphasis ₹2.0 Lakhs to ₹4.7 Lakhs per year
DXC Technology ₹2.4 Lakhs to ₹2.7 Lakhs per year
NTT DATA, Inc. ₹2.0 Lakhs to ₹3.2 Lakhs per year
NTT Data ₹1.3 Lakhs to ₹3.5 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 Associate at EXL Service in India?
The salary growth for a Insurance Associate at EXL Service depends on factors such as experience, performance, and promotions. On average, a Insurance Associate can expect the following growth trajectory at EXL Service:

Experience Average Salary Range
1 year ₹1.7 Lakhs to ₹3.5 Lakhs per year
2 years ₹1.8 Lakhs to ₹5.6 Lakhs per year
3 years ₹2.5 Lakhs to ₹4.5 Lakhs per year
4 years ₹3.5 Lakhs to ₹4.4 Lakhs per year
and so on.

Tell us how to improve this page.

EXL Service Insurance Associate salary in India ranges between ₹1.7 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 26 EXL Service latest salaries received from various employees of EXL Service.