Iffco Tokio General Insurance Co. Insurance Operations Specialist Salaries by 7 Employees

2 - 7 years exp.

₹1.4 Lakh - ₹2.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

48% less than the average Insurance Operations Specialist Salary in Insurance Companies for 2 - 7 years of experience

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Salaries in different departments

Product Management Insurance Operations Specialist Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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BFSI, Investments & Trading Insurance Operations Specialist Salary 7 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 18 Sep 2023

Companies similar to Iffco Tokio General Insurance Co. for Insurance Operations Specialist

Company name	Avg Annual Salary	Open Jobs
Allianz Services Insurance Operations Specialist Salary 0 - 3 years exp. (21 salaries)	₹2 L/yr - ₹4.5 L/yr 66% more
Allianz Insurance Operations Specialist Salary 1 - 4 years exp. (7 salaries)	₹2 L/yr - ₹3.2 L/yr 56% more
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Tata AIG Insurance Operations Specialist Salary 3 - 11 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 91% more
Reliance Nippon Life Insurance Insurance Operations Specialist Salary 4 - 7 years exp. (3 salaries)	₹3 L/yr - ₹3.3 L/yr 66% more
Accenture Insurance Operations Specialist Salary 3 - 9 years exp. (10 salaries)	₹4.1 L/yr - ₹10 L/yr 236% more

Insurance Operations Specialist salary at Iffco Tokio General Insurance Co. ranges between ₹1.4 Lakh to ₹2.8 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Iffco Tokio General Insurance Co..

Experience wise Iffco Tokio General Insurance Co. Insurance Operations Specialist salaries

Last Updated: 18 Sep 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
3 years (3 salaries)	₹1.4 L/yr - ₹2 L/yr
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4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr

View all

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Salary related reviews for Iffco Tokio General Insurance Co.

3.0

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

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Iffco Tokio General Insurance Co. Insurance Operations Specialist Salary FAQs

What is the salary of Insurance Operations Specialist at Iffco Tokio General Insurance Co. ?

The average salary of a Insurance Operations Specialist at Iffco Tokio General Insurance Co. in India typically ranges from ₹1.4 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Insurance Operations Specialist at Iffco Tokio General Insurance Co. earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Insurance Operations Specialist 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 7 Iffco Tokio General Insurance Co. employees in India.

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

The estimated take-home salary of a Insurance Operations Specialist at Iffco Tokio General Insurance Co. in India typically ranges from ₹12,738 to ₹14,109 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 2 years 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 7 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 Insurance Operations Specialist in India?

Accenture	₹4.1 Lakhs to ₹10.0 Lakhs per year
Tata AIG	₹3.0 Lakhs to ₹4.0 Lakhs per year
Reliance Nippon Life Insurance	₹3.0 Lakhs to ₹3.3 Lakhs per year
Allianz Services	₹2.0 Lakhs to ₹4.5 Lakhs per year
Allianz	₹2.0 Lakhs to ₹3.2 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.

How the salary growth look like for a Insurance Operations Specialist at Iffco Tokio General Insurance Co. in India?

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

Experience	Average Salary Range
2 years	₹1.5 Lakhs to ₹1.9 Lakhs per year
3 years	₹1.4 Lakhs to ₹2.0 Lakhs per year
4 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
5 years	₹1.7 Lakhs to ₹2.2 Lakhs per year

and so on.

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Iffco Tokio General Insurance Co. Insurance Operations Specialist Salaries

Iffco Tokio General Insurance Co. Insurance Operations Specialist salary in India ranges between ₹1.4 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Iffco Tokio General Insurance Co. latest salaries received from various employees of Iffco Tokio General Insurance Co..

Iffco Tokio General Insurance Co. Insurance Operations Specialist salaries in India

Companies similar to Iffco Tokio General Insurance Co. for Insurance Operations Specialist

Latest annual salaries shared by Iffco Tokio General Insurance Co. Insurance Operations Specialist

Experience wise Iffco Tokio General Insurance Co. Insurance Operations Specialist salaries

Similar Designation salaries in Iffco Tokio General Insurance Co.

Salary related reviews for Iffco Tokio General Insurance Co.

Senior Officer in Chandigarh

Operations Executive in Mumbai

Consultant in Bangalore / Bengaluru

District Manager in Shahdol

Senior Executive in Gurgaon / Gurugram

Iffco Tokio General Insurance Co. Insurance Operations Specialist Salary FAQs

Tell us how to improve this page.

Iffco Tokio General Insurance Co. Insurance Operations Specialist Salaries by Location