Karvy Insurance Repository Back Office Executive Salaries by 5 Employees (Updated 2024)

1 - 5 years exp.

₹1.4 Lakh - ₹3 Lakhs

Salary of majority employees

11% less than the average Back Office Executive Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Back Office Executive Salary 3 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr
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BFSI, Investments & Trading Back Office Executive Salary 1 year exp. (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.5 L/yr

Last Updated: 16 Mar 2023

Companies similar to Karvy Insurance Repository for Back Office Executive

Company name	Avg Annual Salary	Open Jobs
Health India Tpa Services Back Office Executive Salary 0 - 5 years exp. (24 salaries)	₹1 L/yr - ₹3.6 L/yr 1% less
Vidal Health Insurance Back Office Executive Salary 0 - 5 years exp. (11 salaries)	₹1.2 L/yr - ₹2.9 L/yr 8% less
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Raksha TPA Back Office Executive Salary 1 - 6 years exp. (8 salaries)	₹1.1 L/yr - ₹2.6 L/yr 9% less
Vidal Health Tpa Back Office Executive Salary 1 - 4 years exp. (7 salaries)	₹1.8 L/yr - ₹2.8 L/yr 5% more
Absolute Insurance Surveyors and Loss Assessors Back Office Executive Salary 1 - 8 years exp. (7 salaries)	₹1.8 L/yr - ₹2.7 L/yr 7% more
Smc Insurance Brokers Back Office Executive Salary 2 - 8 years exp. (6 salaries)	₹1.5 L/yr - ₹2.8 L/yr 1% more
Probus Insurance Broker Private limited Back Office Executive Salary 2 - 5 years exp. (6 salaries)	₹1 L/yr - ₹3.7 L/yr 9% more
Prudent Insurance Brokers Back Office Executive Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4.2 L/yr 40% more
Alliance Insurance Brokers Back Office Executive Salary 1 - 4 years exp. (5 salaries)	₹1.9 L/yr - ₹3 L/yr 19% more
AXA Business Services Back Office Executive Salary 0 - 5 years exp. (5 salaries)	₹2.7 L/yr - ₹3.5 L/yr 44% more
SecureNow Insurance Broker Back Office Executive Salary 2 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹4 L/yr 53% more
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Aditya Birla Insurance Brokers Back Office Executive Salary 1 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹2.3 L/yr At par
Easypolicy.com Back Office Executive Salary 2 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹2.3 L/yr 11% more
Robinhood Insurance Broker Back Office Executive Salary 1 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹6.6 L/yr 86% more

Back Office Executive salary at Karvy Insurance Repository ranges between ₹1.4 Lakh to ₹3 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 Karvy Insurance Repository.

Experience wise Karvy Insurance Repository Back Office Executive salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.4 L/yr
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.8 L/yr
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3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr

Similar Designation salaries in Karvy Insurance Repository

MIS Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Operations Executive Salary

(7 salaries)

₹1.55 L/yr - ₹2 L/yr

Office Assistant Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Data Entry Operator Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Team Lead Salary

(3 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Process Associate Salary

(3 salaries)

₹1.8 L/yr - ₹2.8 L/yr

Operations Manager Salary

(5 salaries)

₹8 L/yr - ₹9.6 L/yr

Deputy Manager Salary

(3 salaries)

₹4.7 L/yr - ₹11 L/yr

Salary related reviews for Karvy Insurance Repository

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

see more salary related reviews

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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 Back Office Executive Salary FAQs

What is the salary of Back Office Executive at Karvy Insurance Repository?

Back Office Executive salary at Karvy Insurance Repository in India ranges between ₹1.4 Lakhs to ₹3.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 11% less than the average Back Office Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Karvy Insurance Repository India.

How does the salary of a Back Office Executive at Karvy Insurance Repository India compare with the average salary range for this job?

The average salary of a Back Office Executive at Karvy Insurance Repository is 11% less than the average salary of a Back Office Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Karvy Insurance Repository to a Back Office Executive in India?

Robinhood Insurance Broker Back Office Executive Salary - ₹2.4 Lakhs to ₹6.6 Lakhs per year
SecureNow Insurance Broker Back Office Executive Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year
AXA Business Services Back Office Executive Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
Prudent Insurance Brokers Back Office Executive Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year
Alliance Insurance Brokers Back Office Executive Salary - ₹1.9 Lakhs to ₹3.0 Lakhs per year

What is the salary of a Back Office Executive in companies similar to Karvy Insurance Repository in India?

Easypolicy.com Back Office Executive Salary - ₹2.3 Lakhs to ₹2.3 Lakhs per year
Probus Insurance Broker Private limited Back Office Executive Salary - ₹1.0 Lakhs to ₹3.7 Lakhs per year
Absolute Insurance Surveyors and Loss Assessors Back Office Executive Salary - ₹1.8 Lakhs to ₹2.7 Lakhs per year
Vidal Health Tpa Back Office Executive Salary - ₹1.8 Lakhs to ₹2.8 Lakhs per year
Smc Insurance Brokers Back Office Executive Salary - ₹1.5 Lakhs to ₹2.8 Lakhs per year

What is the estimated take home salary of a Back Office Executive at Karvy Insurance Repository in India?

The estimated take-home salary of a Back Office Executive at Karvy Insurance Repository ranges between ₹14,067 per month to ₹15,553 per month in India. The take-home salary calculation is based on the average Karvy Insurance Repository Back Office Executive salary in India which ranges between ₹1.4 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Back Office Executive at Karvy Insurance Repository?

According to AmbitionBox, 50% of the Karvy Insurance Repository Back Office Executives reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Karvy Insurance Repository Back Office Executive Salaries

Karvy Insurance Repository Back Office Executive salary in India ranges between ₹1.4 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Karvy Insurance Repository latest salaries received from various employees of Karvy Insurance Repository.