Iffco Tokio General Insurance Co. Back Office Staff Salaries by 4 Employees

1 - 6 years exp.

₹1.5 Lakh - ₹3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

11% more than the average Back Office Staff Salary in Insurance Companies for 1 - 6 years of experience

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Last Updated: 10 Aug 2024

Companies similar to Iffco Tokio General Insurance Co. for Back Office Staff

Company name	Avg Annual Salary	Open Jobs
MDIndia Health Insurance TPA Back Office Staff Salary 0 - 2 years exp. (10 salaries)	₹1 L/yr - ₹2.5 L/yr 35% less
SBI General Insurance Back Office Staff Salary 0 - 5 years exp. (6 salaries)	₹2 L/yr - ₹2.9 L/yr 2% more
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SBI Life Insurance Company Back Office Staff Salary 1 - 3 years exp. (6 salaries)	₹1 L/yr - ₹2.4 L/yr 38% less
Reliance Nippon Life Insurance Back Office Staff Salary 0 - 1 year exp. (5 salaries)	₹1 L/yr - ₹2 L/yr 32% less
ICICI Lombard General Insurance Company Back Office Staff Salary 1 - 3 years exp. (3 salaries)	₹1.7 L/yr - ₹2.1 L/yr 17% less
Tata AIG Back Office Staff Salary 1 - 5 years exp. (5 salaries)	₹1.7 L/yr - ₹2.5 L/yr 20% less
Reliance General Insurance Back Office Staff Salary 1 - 13 years exp. (4 salaries)	₹2 L/yr - ₹4.5 L/yr 17% more
ICICI Prudential Life Insurance Back Office Staff Salary 5 - 7 years exp. (3 salaries)	₹3 L/yr - ₹3.6 L/yr 33% more
Tata AIA Life Insurance Back Office Staff Salary 1 - 3 years exp. (3 salaries)	₹1.2 L/yr - ₹2.5 L/yr 24% less
Bajaj Allianz Life Insurance Back Office Staff Salary 1 year exp. (3 salaries)	₹1.4 L/yr - ₹1.7 L/yr 38% less

Back Office Staff salary at Iffco Tokio General Insurance Co. ranges between ₹1.5 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Iffco Tokio General Insurance Co..

Experience wise Iffco Tokio General Insurance Co. Back Office Staff salaries

Last Updated: 10 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.2 L/yr
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3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr

View all

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Salary related reviews for Iffco Tokio General Insurance Co.

1.0

Rated by 1 employees for salary & benefits

Senior Officer in Chandigarh

Full Time

Sales & Business Development Department

5.0

• posted on 05 May 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good appraisals and fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Career growth is slow

Operations Executive in Mumbai

Customer Success, Service & Operations Department

4.0

• posted on 22 May 2021

1.0

for Salary and Benefits

Likes

...blem but if you are on third party payroll then you can never come on payroll... No benifits offer to third party payroll and salary is also not satisfactory....

Work-life balance - Good

Dislikes

Salary - Bad
Skill development - Bad

+2 more

Data Entry Operator in Katni

Other Department

5.0

• posted on 20 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Data Entry Operator in Ernakulam

Other Department

5.0

• posted on 02 Aug 2020

2.0

for Salary and Benefits

Likes

Good work environment and culture, but as a deo, we have no salary hike, but i would like to continue work here, because teammates and subordinate are very friendly.

Skill development - Excellent

+5 more

Dislikes

Deo as no salary hike, including this tooo, because they are supporting there permanant on roll staffs, contract staffs have no salary hike, i am working in iffcotokio since 2018, but i have no salary hike,

Salary - Poor

Data Entry Operator in Ludhiana

BFSI, Investments & Trading Department

5.0

• posted on 13 Jan 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture. All team members are supportive.company policies are good and they give good salary .

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but not incremental added properly.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Iffco Tokio General Insurance Co. Back Office Staff Salary FAQs

What is the salary of Back Office Staff at Iffco Tokio General Insurance Co. ?

The average salary of a Back Office Staff at Iffco Tokio General Insurance Co. in India typically ranges from ₹1.5 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Back Office Staff at Iffco Tokio General Insurance Co. earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Back Office Staff Salaries at Iffco Tokio General Insurance Co. 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 4 Iffco Tokio General Insurance Co. employees in India.

What is the estimated take home salary of a Back Office Staff at Iffco Tokio General Insurance Co. in India?

The estimated take-home salary of a Back Office Staff at Iffco Tokio General Insurance Co. in India typically ranges from ₹16,865 to ₹18,575 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year 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 4 salaries received from various employees of Iffco Tokio General Insurance Co.. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Iffco Tokio General Insurance Co. for Back Office Staff in India?

ICICI Prudential Life Insurance	₹3.0 Lakhs to ₹3.6 Lakhs per year
Reliance General Insurance	₹2.0 Lakhs to ₹4.5 Lakhs per year
SBI General Insurance	₹2.0 Lakhs to ₹2.9 Lakhs per year

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

What is the salary of a Back Office Staff in companies similar to Iffco Tokio General Insurance Co. in India?

The salary of a Back Office Staff at companies similar to Iffco Tokio General Insurance Co. in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company	₹1.7 Lakhs to ₹2.1 Lakhs per year
Tata AIG	₹1.7 Lakhs to ₹2.5 Lakhs per year
Tata AIA Life Insurance	₹1.2 Lakhs to ₹2.5 Lakhs per year
Reliance Nippon Life Insurance	₹1.0 Lakhs to ₹2.0 Lakhs per year
MDIndia Health Insurance TPA	₹1.0 Lakhs to ₹2.5 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 Back Office Staff at Iffco Tokio General Insurance Co. in India?

The salary growth for a Back Office Staff at Iffco Tokio General Insurance Co. depends on factors such as experience, performance, and promotions. On average, a Back Office Staff can expect the following growth trajectory at Iffco Tokio General Insurance Co.:

Experience	Average Salary Range
1 year	₹1.5 Lakhs to ₹3.1 Lakhs per year
2 years	₹0.8 Lakhs to ₹2.2 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
4 years	₹1.0 Lakhs to ₹3.0 Lakhs per year

and so on.

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Iffco Tokio General Insurance Co. Back Office Staff Salaries

Iffco Tokio General Insurance Co. Back Office Staff salary in India ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Iffco Tokio General Insurance Co. latest salaries received from various employees of Iffco Tokio General Insurance Co..