illumifin BFSI, Investments & Trading Salaries by 9 Employees (Updated 2025)

Designation	Avg Annual Salary	Open Jobs
Operations Manager 0 - 18 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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Associate Claim Processing Executive 2 - 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Transaction Quality Analyst 10 - 11 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
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Senior Claim Processing Executive 3 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Senior Business System Analyst 10 years exp. (AmbitionBox Estimate)	₹21.6 L/yr - ₹27.6 L/yr
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Claim Specialist 10 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Salary related reviews for illumifin

4.7

Rated by 4 employees for salary & benefits

Specialist in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

1.0

• posted on 18 Nov 2024

1.0

for Salary and Benefits

Likes

Do not choose Illumifin as we have no growth in our life worst company

Job security - Excellent

Dislikes

No salary hikes No apprisal No bonus we have to gve 110% production even after working for hours we will not receive any type of appreciation

Salary - Bad

+5 more

Associate in Hyderabad / Secunderabad

Full Time

Other Department

3.0

• posted on 31 May 2023

3.0

for Salary and Benefits

Likes

Work from home option is good. And one more thing for most of the process it is general shift from 9:30 am to 7 pm..

Job security - Excellent

+1 more

Dislikes

Work life balance is not there. Bonus option is not there. Hikes and incentives are not upto the mark.

Skill development - Poor

+1 more

Associate Software Engineer (working remotely)

Full Time

Engineering - Software & QA Department

5.0

• posted on 06 Jan 2025

5.0

for Salary and Benefits

Likes

"I like the collaborative work environment, opportunities for learning, and the challenging projects at Illumifin, which help me grow professionally and contribute meaningfully to the team's success."

Salary - Excellent

+6 more

Dislikes

"There’s little to dislike, but sometimes tight deadlines can be challenging. However, they motivate me to improve time management and problem-solving skills."

SPECIALIST - HEALTH CARE CLAIMS (working remotely)

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 25 Feb 2024

2.0

for Salary and Benefits

Likes

Illumifin is new and startup company, WFH is the main advantage here and completely it’s a day shift.

Job security - Good

+1 more

Dislikes

Employees do not get an opportunity to address their issues and concerns with management. And also there is no Team Lead position here and all the roles & responsibilities of TL will by handled my ops manager. More you get experience you will be move to QA team and there is no further option. There is no equal opportunity given to employees, partiality, hidden and proof less favouritism, corporate politics which will spoil employees career.

Salary - Poor

+3 more

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illumifin Salary FAQs

How much does illumifin pay per year?

The average illumifin salary ranges from approximately ₹2.6 Lakhs to ₹3 Lakhs per year for a Transaction Processing Associate and ₹16 Lakhs to ₹21.5 Lakhs per year for a Senior Software Engineer. Salary estimates are based on 9 illumifin salaries received from various employees of illumifin. illumifin employees rate the overall salary and benefits package 4.7/5 stars.

What is the highest salary in illumifin?

The highest-paying job at illumifin is a Senior Software Engineer with a salary of ₹16 Lakhs to ₹21.5 Lakhs per year. The top 10% of employees earn more than ₹17.50 lakhs per year. The top 1% earn more than a whopping ₹38.32 lakhs per year.

What is the minimum salary in illumifin?

Minimum salary at illumifin depends on the role you are applying for. For Claims Associate the minimum salary is ₹2.5 Lakhs to ₹3 Lakhs per year, and for Claims Examiner the minimum salary is ₹2.6 Lakhs to ₹3.1 Lakhs per year and so on.

What is the salary package for freshers in illumifin?

The average salary at illumifin for freshers varies from ₹2.5 Lakhs to ₹3.1 Lakhs per year for Associate and ₹2.6 Lakhs to ₹4 Lakhs per year for Data Capture Associate.

What is the notice period at illumifin in BFSI, Investments & Trading Department?

According to AmbitionBox, 57% of the illumifin employees in BFSI, Investments & Trading Department reported a notice period of 2 Months, 43% reported a notice period of 1 Month.This is based on 14 responses on AmbitionBox in last 2 years.

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illumifin BFSI, Investments & Trading Salaries by Location

illumifin BFSI, Investments & Trading Department salaries in Pune

Average annual salary in BFSI, Investments & Trading department at illumifin is INR . Salary estimates are based on 9 illumifin latest salaries received from various employees of illumifin.