General Insurance Operations Executive Salaries by 10 Employees

0 - 7 years exp.

₹2 Lakhs - ₹2.6 Lakhs

Salary of majority employees

29% less than the average Operations Executive Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Executive Salary 2 - 7 years exp. (6 salaries)	₹2.1 L/yr - ₹2.6 L/yr
Engineering - Software & QA Operations Executive Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
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Risk Management & Compliance Operations Executive Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.4 L/yr

Last Updated: 25 Feb 2024

Companies similar to General Insurance for Operations Executive

Company name	Avg Annual Salary	Open Jobs
Tata AIG Operations Executive Salary 0 - 7 years exp. (119 salaries)	₹1.2 L/yr - ₹4 L/yr 11% more
Reliance General Insurance Operations Executive Salary 0 - 7 years exp. (88 salaries)	₹1.1 L/yr - ₹3.8 L/yr 19% more
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Iffco Tokio General Insurance Co. Operations Executive Salary 0 - 6 years exp. (81 salaries)	₹1.4 L/yr - ₹4.5 L/yr 4% more
Bajaj Allianz Life Insurance Operations Executive Salary 0 - 8 years exp. (69 salaries)	₹1.1 L/yr - ₹4.5 L/yr 30% more	1 job opening
Medi Assist India Operations Executive Salary 0 - 5 years exp. (67 salaries)	₹1.5 L/yr - ₹4 L/yr 23% more
Future Generali India Life Insurance Operations Executive Salary 2 - 8 years exp. (56 salaries)	₹1.2 L/yr - ₹3.5 L/yr 10% more
Niva Bupa Health Insurance Company Operations Executive Salary 0 - 8 years exp. (55 salaries)	₹2.2 L/yr - ₹4 L/yr 48% more
SBI Life Insurance Company Operations Executive Salary 1 - 11 years exp. (46 salaries)	₹2.1 L/yr - ₹5.5 L/yr 65% more
Tata AIA Life Insurance Operations Executive Salary 3 - 9 years exp. (39 salaries)	₹2.6 L/yr - ₹7 L/yr 106% more
Canara HSBC Life Insurance Operations Executive Salary 0 - 7 years exp. (40 salaries)	₹1.8 L/yr - ₹4.6 L/yr 36% more
Aditya Birla Health Insurance Co Operations Executive Salary 0 - 6 years exp. (36 salaries)	₹2 L/yr - ₹4.8 L/yr 28% more
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Star Health & Allied Insurance Operations Executive Salary 1 - 9 years exp. (36 salaries)	₹2 L/yr - ₹4.2 L/yr 33% more
Bharti AXA Life Insurance Operations Executive Salary 2 - 9 years exp. (33 salaries)	₹2 L/yr - ₹4 L/yr 36% more
MDIndia Health Insurance TPA Operations Executive Salary 0 - 5 years exp. (32 salaries)	₹1 L/yr - ₹3.5 L/yr 4% more	1 job opening
Shriram Life Insurance Operations Executive Salary 0 - 5 years exp. (26 salaries)	₹1.5 L/yr - ₹4 L/yr 12% more
Pramerica Life Insurance Operations Executive Salary 1 - 14 years exp. (26 salaries)	₹2 L/yr - ₹4 L/yr 48% more
Ageas Federal Life Insurance Operations Executive Salary 1 - 8 years exp. (23 salaries)	₹1.8 L/yr - ₹3.8 L/yr 34% more
Shriram General Insurance Operations Executive Salary 0 - 5 years exp. (20 salaries)	₹1.8 L/yr - ₹3 L/yr 13% more
Reliance Nippon Life Insurance Operations Executive Salary 1 - 8 years exp. (16 salaries)	₹1.5 L/yr - ₹3.8 L/yr 19% more
Allstate Operations Executive Salary 1 - 4 years exp. (11 salaries)	₹2.5 L/yr - ₹5.3 L/yr 57% more

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Operations Executive salary at General Insurance ranges between ₹2 Lakhs to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 10 latest salaries received from various employees of General Insurance.

Experience wise General Insurance Operations Executive salaries

Last Updated: 25 Feb 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹4.2 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹4.1 L/yr
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2 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.9 L/yr

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Similar Designation salaries in General Insurance

Operations Manager Salary

(3 salaries)

₹3 L/yr - ₹3.1 L/yr

MIS Executive Salary

(4 salaries)

₹2.8 L/yr - ₹3.2 L/yr

Customer Care Executive Salary

(3 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Relationship Manager Salary

(9 salaries)

₹2.5 L/yr - ₹4.15 L/yr

Customer Service Executive Salary

(4 salaries)

₹1.1 L/yr - ₹2.9 L/yr

Senior Associate Salary

(5 salaries)

₹3.3 L/yr - ₹3.5 L/yr

Team Lead Salary

(3 salaries)

₹2.3 L/yr - ₹4.5 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Salary related reviews for General Insurance

Kolkata in Kolkata

Sales & Business Development Department

4.0

• posted on 22 Apr 2021

4.0

for Salary and Benefits

Likes

I have worked in general insurance and i have experience and feild working habituated.I have issues policy from TATA, Chola, Shriram, Bajaj,go digit , ICICI Lombard from welcom financial Pvt Ltd Kolkata.I have interested with general insurance company

Salary - Good

+6 more

Dislikes

Nathing special but claim settlement should be fast for the customer's

LOSS ASSESSOR RISK INSPECTION ENGINEER,FACULTY in Noida

In industries --quality, production, in general insurance claims assess... Department

5.0

• posted on 20 Aug 2019

5.0

for Salary and Benefits

Likes

I am an expert in Motor claims of unlimited estimated loss. Carried out more than 11000 surveys so far. I like it and also delivered lectures in several national level seminars and work shops. I am honored to opine on the motor litigated and cases filed before the ombudsman for decision. I give my opinion on base of insurance laws and technicalities on the claims. I am also expert in pre insurance inspection /Risk Inspections also in Risk management of non motor insurance. I like the most above both jabs. I have deep knowledge of law and engineering/ technicality of the claims. I am very innovative with technology and laws and cooperative with the colleagues and do respect the bosses.

Salary - Excellent

+6 more

Dislikes

i like this industry. as my job is dependent on insurers so, some time i face deputation problem.

Regional Manager

BFSI, Investments & Trading Department

5.0

• posted on 16 Jul 2018

5.0

for Salary and Benefits

Likes

When Insurance industry was opened for for private participation in 2004, it was projected by market leaders that the existing public sector general insurance [PSGI] will be doomed in five years. Alas, that it was not to be. Even now the PSGI compnies hold more than 50% of Market Share of General Insurance Premium and is growing steadily and are making the Pvt. Sector Insurance companies run for their money. Unlike Life insurance where investments are made for long term, the general insurance contracts are annual in nature, yet the public confidence is still with PSGI companies. There can be delay but there won't be deny in case of any major catastrophe. Ofcourse, the PSGI companies have to be more customer friendly when it comes to hassle free acceptance of premium as well as settlement of claims by using the latest advanced automation/digitilaisation.

Salary - Excellent

+6 more

Dislikes

At times it may be frustrating for the really competent persons as out of turn recognition / elevation is not possible, as well as tougher industrial relations -- because of the undue advantage taken by certain undeserving elements taking protection under the prrevailing reservation system.

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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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General Insurance Operations Executive Salary FAQs

What is the salary of Operations Executive at General Insurance ?

The average salary of a Operations Executive at General Insurance in India typically ranges from ₹2.0 Lakhs to ₹2.6 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Operations Executive at General Insurance earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹2.6 Lakhs per year. Operations Executive Salaries at General Insurance 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 10 General Insurance employees in India.

What is the estimated take home salary of a Operations Executive at General Insurance in India?

The estimated take-home salary of a Operations Executive at General Insurance in India typically ranges from ₹15,506 to ₹17,117 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.6 Lakhs per year for employees with experience ranging from Fresher to 7 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 10 salaries received from various employees of General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than General Insurance for Operations Executive in India?

Tata AIA Life Insurance	₹2.6 Lakhs to ₹7.0 Lakhs per year
SBI Life Insurance Company	₹2.1 Lakhs to ₹5.5 Lakhs per year
Allstate	₹2.5 Lakhs to ₹5.3 Lakhs per year
AXA Business Services	₹2.2 Lakhs to ₹5.4 Lakhs per year
Pramerica Life Insurance	₹2.0 Lakhs to ₹4.0 Lakhs per year

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

What is the salary of a Operations Executive in companies similar to General Insurance in India?

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

Niva Bupa Health Insurance Company	₹2.2 Lakhs to ₹4.0 Lakhs per year
MetLife	₹2.0 Lakhs to ₹3.9 Lakhs per year
Canara HSBC Life Insurance	₹1.8 Lakhs to ₹4.6 Lakhs per year
Bharti AXA Life Insurance	₹2.0 Lakhs to ₹4.0 Lakhs per year
Paramount Health Services Tpa	₹2.0 Lakhs to ₹3.8 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 Executive at General Insurance in India?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹4.2 Lakhs per year
1 year	₹2.0 Lakhs to ₹4.1 Lakhs per year
2 years	₹0.9 Lakhs to ₹2.3 Lakhs per year
3 years	₹0.9 Lakhs to ₹2.6 Lakhs per year

and so on.

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General Insurance Operations Executive Salaries

General Insurance Operations Executive salary in India ranges between ₹2 Lakhs to ₹2.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 General Insurance latest salaries received from various employees of General Insurance.