Iffco Tokio General Insurance Co. Claims Associate Salaries by 5 Employees

1 - 5 years exp.

₹1.2 Lakh - ₹2.2 Lakhs

Low Confidence

Salary of majority employees

35% less than the average Claims Associate Salary in Insurance Companies for 1 - 5 years of experience

Interested in this particular role?

Last Updated: 15 Mar 2023

Companies similar to Iffco Tokio General Insurance Co. for Claims Associate

Company name	Avg Annual Salary	Open Jobs
Tata AIG Claims Associate Salary 0 - 7 years exp. (20 salaries)	₹1.8 L/yr - ₹3.3 L/yr 23% more
Reliance General Insurance Claims Associate Salary 1 - 7 years exp. (19 salaries)	₹1.7 L/yr - ₹5.5 L/yr 41% more
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Guardian India Claims Associate Salary 2 - 6 years exp. (16 salaries)	₹2.1 L/yr - ₹4.8 L/yr 98% more
ICICI Lombard General Insurance Company Claims Associate Salary 0 - 11 years exp. (13 salaries)	₹2 L/yr - ₹5.2 L/yr 104% more
MetLife Claims Associate Salary 0 - 5 years exp. (11 salaries)	₹3 L/yr - ₹4 L/yr 75% more
HDFC Life Claims Associate Salary 0 - 5 years exp. (9 salaries)	₹1.9 L/yr - ₹2.2 L/yr 5% less
ICICI Prudential Life Insurance Claims Associate Salary 0 - 4 years exp. (7 salaries)	₹2.7 L/yr - ₹4.5 L/yr 68% more
Allstate Claims Associate Salary 1 - 3 years exp. (7 salaries)	₹2.6 L/yr - ₹5.9 L/yr 66% more
Allianz Services Claims Associate Salary 1 - 5 years exp. (6 salaries)	₹2.8 L/yr - ₹3.8 L/yr 60% more
MDIndia Health Insurance TPA Claims Associate Salary 0 - 11 years exp. (5 salaries)	₹1.5 L/yr - ₹2.4 L/yr 12% less
Gallagher Claims Associate Salary 1 - 3 years exp. (4 salaries)	₹3 L/yr - ₹7.5 L/yr 114% more
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Aditya Birla Health Insurance Co Claims Associate Salary 2 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹3.7 L/yr 47% more
Allianz Claims Associate Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹4.5 L/yr 51% more
Star Health & Allied Insurance Claims Associate Salary 0 - 2 years exp. (3 salaries)	₹2.1 L/yr - ₹3 L/yr 24% more

Claims Associate salary at Iffco Tokio General Insurance Co. ranges between ₹1.2 Lakh to ₹2.2 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Iffco Tokio General Insurance Co..

Experience wise Iffco Tokio General Insurance Co. Claims Associate salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹3.9 L/yr
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3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.7 L/yr

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Salary related reviews for Iffco Tokio General Insurance Co.

1.9

Rated by 2 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

Consultant in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 23 Feb 2022

5.0

for Salary and Benefits

Likes

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

Salary - Excellent

+6 more

Dislikes

Nothing

District Manager in Shahdol

Full Time

Insurance Department

5.0

• posted on 22 Apr 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike every year.

Salary - Excellent

+6 more

Dislikes

Salary is Good But Career Growth is Slow...

Senior Executive in Gurgaon / Gurugram

Finance & Accounting Department

1.0

• posted on 25 Apr 2021

1.0

for Salary and Benefits

Likes

Work culture is pathetic because management require 7 days a week working with no extra pay on week end holidays while company claims 5 days in a week work culture. Company require from employee to present in time in the morning which is good but no evening off timing and there is no extra payment for same but if you come late in the morning your salary will be deducted if employee crosses 1 hour buffer time in a month.

Job security - Good

Dislikes

Salary - Bad
Skill development - Bad

+4 more

see more salary related reviews

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a manager - business analyst

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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Iffco Tokio General Insurance Co. Claims Associate Salary FAQs

What is the salary of Claims Associate at Iffco Tokio General Insurance Co. ?

The average salary of a Claims Associate at Iffco Tokio General Insurance Co. in India typically ranges from ₹1.2 Lakhs to ₹2.2 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Claims Associate at Iffco Tokio General Insurance Co. earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Claims Associate 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 5 Iffco Tokio General Insurance Co. employees in India.

What is the estimated take home salary of a Claims Associate at Iffco Tokio General Insurance Co. in India?

The estimated take-home salary of a Claims Associate at Iffco Tokio General Insurance Co. in India typically ranges from ₹14,516 to ₹16,041 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹2.2 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 5 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 Claims Associate in India?

Gallagher	₹3.0 Lakhs to ₹7.5 Lakhs per year
ICICI Lombard General Insurance Company	₹2.0 Lakhs to ₹5.2 Lakhs per year
Guardian India	₹2.1 Lakhs to ₹4.8 Lakhs per year
MetLife	₹3.0 Lakhs to ₹4.0 Lakhs per year
ICICI Prudential Life Insurance	₹2.7 Lakhs to ₹4.5 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 Claims Associate in companies similar to Iffco Tokio General Insurance Co. in India?

The salary of a Claims Associate 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:

Allstate	₹2.6 Lakhs to ₹5.9 Lakhs per year
Allianz Services	₹2.8 Lakhs to ₹3.8 Lakhs per year
Allianz	₹2.4 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Health Insurance Co	₹2.3 Lakhs to ₹3.7 Lakhs per year
Reliance General Insurance	₹1.7 Lakhs to ₹5.5 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 Claims Associate at Iffco Tokio General Insurance Co. in India?

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

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹3.9 Lakhs per year
2 years	₹2.1 Lakhs to ₹3.9 Lakhs per year
3 years	₹1.1 Lakhs to ₹2.2 Lakhs per year
4 years	₹1.9 Lakhs to ₹2.4 Lakhs per year

and so on.

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Iffco Tokio General Insurance Co. Claims Associate Salaries

Iffco Tokio General Insurance Co. Claims Associate salary in India ranges between ₹1.2 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Iffco Tokio General Insurance Co. latest salaries received from various employees of Iffco Tokio General Insurance Co..