Karvy Insurance Repository Assistant Manager Salaries by 10+ Employees (Updated 2024)

3 - 13 years exp.

₹2.8 Lakhs - ₹7.3 Lakhs

Salary of majority employees

48% less than the average Assistant Manager Salary in Insurance Companies for 3 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 4 - 13 years exp. (5 salaries)	₹3 L/yr - ₹5.5 L/yr
Customer Success, Service & Operations Assistant Manager Salary 4 - 10 years exp. (5 salaries)	₹2.8 L/yr - ₹3.9 L/yr
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Engineering - Software & QA Assistant Manager Salary 4 - 10 years exp. (4 salaries)	₹5 L/yr - ₹7.3 L/yr

Last Updated: 26 Apr 2024

Companies similar to Karvy Insurance Repository for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
AXA Business Services Assistant Manager Salary 6 - 16 years exp. (291 salaries)	₹6.5 L/yr - ₹21 L/yr 187% more	1 job opening
Prudent Insurance Brokers Assistant Manager Salary 3 - 12 years exp. (116 salaries)	₹3.1 L/yr - ₹11.5 L/yr 66% more	2 job openings
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SecureNow Insurance Broker Assistant Manager Salary 1 - 8 years exp. (88 salaries)	₹3 L/yr - ₹5.7 L/yr 4% less	2 job openings
Vidal Health Insurance Assistant Manager Salary 1 - 17 years exp. (87 salaries)	₹2.8 L/yr - ₹7.5 L/yr 17% more
Marsh India Insurance Brokers Assistant Manager Salary 0 - 10 years exp. (84 salaries)	₹5 L/yr - ₹17 L/yr 136% more
Health India Tpa Services Assistant Manager Salary 2 - 11 years exp. (56 salaries)	₹3 L/yr - ₹7 L/yr 7% more
Aditya Birla Insurance Brokers Assistant Manager Salary 3 - 10 years exp. (55 salaries)	₹2.6 L/yr - ₹8 L/yr 29% more
Raksha TPA Assistant Manager Salary 3 - 16 years exp. (50 salaries)	₹2.4 L/yr - ₹6 L/yr At par
Smc Insurance Brokers Assistant Manager Salary 4 - 12 years exp. (46 salaries)	₹2.9 L/yr - ₹6 L/yr 4% more
Aon Risk Insurance Brokers Assistant Manager Salary 1 - 8 years exp. (45 salaries)	₹4.5 L/yr - ₹11 L/yr 49% more
Alliance Insurance Brokers Assistant Manager Salary 1 - 9 years exp. (43 salaries)	₹3 L/yr - ₹9 L/yr 45% more
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Vidal Health Tpa Assistant Manager Salary 3 - 11 years exp. (34 salaries)	₹4.2 L/yr - ₹9 L/yr 55% more
Tata Motors Insurance Broking And Advisory Services Assistant Manager Salary 1 - 11 years exp. (31 salaries)	₹5 L/yr - ₹10 L/yr 50% more
Beacon Insurance Brokers Assistant Manager Salary 0 - 4 years exp. (23 salaries)	₹3.5 L/yr - ₹7.5 L/yr 19% more
Emedlife Insurance Broking Services Assistant Manager Salary 2 - 11 years exp. (17 salaries)	₹3.4 L/yr - ₹6 L/yr 11% more
Robinhood Insurance Broker Assistant Manager Salary 2 - 15 years exp. (15 salaries)	₹4 L/yr - ₹6.1 L/yr 22% more
Easypolicy.com Assistant Manager Salary 4 - 7 years exp. (11 salaries)	₹3.5 L/yr - ₹7.5 L/yr 25% more
Coverfox Assistant Manager Salary 2 - 12 years exp. (10 salaries)	₹4.9 L/yr - ₹8.5 L/yr 50% more
Europ Assistance India Assistant Manager Salary 7 - 14 years exp. (7 salaries)	₹5.7 L/yr - ₹8.5 L/yr 63% more
Bidvest Life Assistant Manager Salary 5 - 14 years exp. (7 salaries)	₹7.4 L/yr - ₹8.8 L/yr 73% more

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Assistant Manager salary at Karvy Insurance Repository ranges between ₹2.8 Lakhs to ₹7.3 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 16 latest salaries received from various employees of Karvy Insurance Repository.

Experience wise Karvy Insurance Repository Assistant Manager salaries

Last Updated: 26 Apr 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.1 L/yr
4 years (3 salaries)	₹3 L/yr - ₹5 L/yr
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5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.6 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.7 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹7.3 L/yr
10 years (3 salaries)	₹3.4 L/yr - ₹7.3 L/yr
11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
12 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.5 L/yr
13 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in Karvy Insurance Repository

Operations Manager Salary

(5 salaries)

₹8 L/yr - ₹9.6 L/yr

Deputy Manager Salary

(3 salaries)

₹4.7 L/yr - ₹11 L/yr

Team Lead Salary

(3 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Operations Executive Salary

(7 salaries)

₹1.55 L/yr - ₹2 L/yr

Salary related reviews for Karvy Insurance Repository

3.0

Rated by 3 employees for salary & benefits

Executive in Hyderabad / Secunderabad

Insurance Department

4.0

• posted on 23 Mar 2018

2.0

for Salary and Benefits

Likes

Karvy is a good company for learners. It is a good platform for many job opportunities.

Dislikes

...sportation if there is heavy work load at nights. And they will not give OT's. Salary is very less when compared to other industries

Team Lead in Hyderabad / Secunderabad

Engineering - Software & QA Department

5.0

• posted on 11 Jul 2021

4.0

for Salary and Benefits

Likes

No issues but it depends on your manager who you work under few are down to earth persons whom i reported even i had done the same thing to my team members who reported to me. But its depends on who you are reporting.

Dislikes

Not much to say as i did not found anything

Operations Manager

Customer Success, Service & Operations Department

1.0

• posted on 18 Apr 2018

3.0

for Salary and Benefits

Likes

I personally would not recommend any one to join Karvy unless they are looking for some kind of a stop gap period. Management is totally immatured, doesn't know how to run a business being a vendor....very very poor experience in my entire career.

Operations Executive in Nanakramguda, Narsing Road

Life Insurance Department

4.0

• posted on 12 May 2022

3.0

for Salary and Benefits

Likes

Manager is Well Supportive to Employees Before Joing kindly Negotiate ur Required Salary

Dislikes

Growth for higher level is okay But when Coming to low level is Slow I mean for A.M and Manager is Okay but when coming to Executive, Senior Executive..Slow

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Karvy Insurance Repository Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Karvy Insurance Repository?

Assistant Manager salary at Karvy Insurance Repository in India ranges between ₹2.8 Lakhs to ₹7.3 Lakhs for experience between 3 years to 13 years. According to our estimates it is 48% less than the average Assistant Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Karvy Insurance Repository India.

How does the salary of a Assistant Manager at Karvy Insurance Repository India compare with the average salary range for this job?

The average salary of a Assistant Manager at Karvy Insurance Repository is 48% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Karvy Insurance Repository to a Assistant Manager in India?

AXA Business Services Assistant Manager Salary - ₹6.5 Lakhs to ₹21.0 Lakhs per year
Marsh India Insurance Brokers Assistant Manager Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
Agriculture Insurance Company of India Assistant Manager Salary - ₹1.1 Lakhs to ₹15.0 Lakhs per year
CHCS Services India Pvt. Ltd. Assistant Manager Salary - ₹7.3 Lakhs to ₹8.5 Lakhs per year
Bidvest Life Assistant Manager Salary - ₹7.4 Lakhs to ₹8.8 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Karvy Insurance Repository in India?

Prudent Insurance Brokers Assistant Manager Salary - ₹3.1 Lakhs to ₹11.5 Lakhs per year
Europ Assistance India Assistant Manager Salary - ₹5.7 Lakhs to ₹8.5 Lakhs per year
Vidal Health Tpa Assistant Manager Salary - ₹4.2 Lakhs to ₹9.0 Lakhs per year
Coverfox Assistant Manager Salary - ₹4.9 Lakhs to ₹8.5 Lakhs per year
Tata Motors Insurance Broking And Advisory Services Assistant Manager Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Karvy Insurance Repository in India?

The estimated take-home salary of a Assistant Manager at Karvy Insurance Repository ranges between ₹32,621 per month to ₹33,896 per month in India. The take-home salary calculation is based on the average Karvy Insurance Repository Assistant Manager salary in India which ranges between ₹2.8 Lakhs to ₹7.3 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Karvy Insurance Repository?

According to AmbitionBox, 50% of the Karvy Insurance Repository Assistant Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Karvy Insurance Repository Assistant Manager Salaries

Karvy Insurance Repository Assistant Manager salary in India ranges between ₹2.8 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Karvy Insurance Repository latest salaries received from various employees of Karvy Insurance Repository.