Karvy Insurance Repository Deputy Manager Operations Salaries by 4 Employees

11 - 14 years exp.

₹4.8 Lakhs - ₹7 Lakhs

Avg. annual salary

Monthly In-hand Salary

37% less than the average Deputy Manager Operations Salary in Insurance Companies for 11 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Operations Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr
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Customer Success, Service & Operations Deputy Manager Operations Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 14 May 2023

Companies similar to Karvy Insurance Repository for Deputy Manager Operations

Company name	Avg Annual Salary	Open Jobs
Beacon Insurance Brokers Deputy Manager Operations Salary 2 - 5 years exp. (4 salaries)	₹3.9 L/yr - ₹6 L/yr 10% less
ICICI Bank Deputy Manager Operations Salary 3 - 13 years exp. (317 salaries)	₹3.5 L/yr - ₹9.1 L/yr 36% more
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HDFC Bank Deputy Manager Operations Salary 1 - 12 years exp. (298 salaries)	₹3 L/yr - ₹8.5 L/yr 12% more
Concentrix Corporation Deputy Manager Operations Salary 8 - 17 years exp. (283 salaries)	₹5.2 L/yr - ₹11.5 L/yr 60% more
WNS Deputy Manager Operations Salary 10 - 20 years exp. (223 salaries)	₹5.9 L/yr - ₹17 L/yr 139% more

Deputy Manager Operations salary at Karvy Insurance Repository ranges between ₹4.8 Lakhs to ₹7 Lakhs per year for employees with experience between 11 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Karvy Insurance Repository.

Experience wise Karvy Insurance Repository Deputy Manager Operations salaries

Last Updated: 14 May 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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12 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in Karvy Insurance Repository

Officer Salary

(23 salaries)

₹1.05 L/yr - ₹3.35 L/yr

Operations Executive Salary

(7 salaries)

₹1.55 L/yr - ₹2 L/yr

Back Office Executive Salary

(5 salaries)

₹1.4 L/yr - ₹3 L/yr

Operations Officer Salary

(5 salaries)

₹1.05 L/yr - ₹2.5 L/yr

Operations Manager Salary

(5 salaries)

₹8 L/yr - ₹9.6 L/yr

Executive Officer Salary

(4 salaries)

₹1.55 L/yr - ₹2.5 L/yr

Assistant Manager Operations Salary

(4 salaries)

₹2.4 L/yr - ₹6 L/yr

Team Lead Salary

(3 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Executive Operator Salary

(3 salaries)

₹1.6 L/yr - ₹1.7 L/yr

Senior Assistant Salary

(3 salaries)

₹1.3 L/yr - ₹1.5 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.

Job security - Good

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

Salary - Poor

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.

Salary - Good

+6 more

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.

Dislikes

Skill development - Bad
Job security - Bad

+4 more

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

Skill development - Excellent

+2 more

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

Promotions - Poor

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Karvy Insurance Repository Deputy Manager Operations Salary FAQs

What is the salary of Deputy Manager Operations at Karvy Insurance Repository ?

The average salary of a Deputy Manager Operations at Karvy Insurance Repository in India typically ranges from ₹4.8 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 11 years to 14 years).

The top 10% of Deputy Manager Operations at Karvy Insurance Repository earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Deputy Manager Operations Salaries at Karvy Insurance Repository 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 4 Karvy Insurance Repository employees in India.

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

The estimated take-home salary of a Deputy Manager Operations at Karvy Insurance Repository in India typically ranges from ₹37,296 to ₹38,502 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 11 years to 14 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 4 salaries received from various employees of Karvy Insurance Repository. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Karvy Insurance Repository for Deputy Manager Operations in India?

WNS	₹5.9 Lakhs to ₹17.0 Lakhs per year
Concentrix Corporation	₹5.2 Lakhs to ₹11.5 Lakhs per year
ICICI Bank	₹3.5 Lakhs to ₹9.1 Lakhs per year
HDFC Bank	₹3.0 Lakhs to ₹8.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Karvy Insurance Repository, depending on the role and experience level.

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

The salary of a Deputy Manager Operations at companies similar to Karvy Insurance Repository in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Beacon Insurance Brokers

₹3.9 Lakhs to ₹6.0 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 Deputy Manager Operations at Karvy Insurance Repository in India?

The salary growth for a Deputy Manager Operations at Karvy Insurance Repository depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Operations can expect the following growth trajectory at Karvy Insurance Repository:

Experience	Average Salary Range
11 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
12 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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Karvy Insurance Repository Deputy Manager Operations Salaries

Karvy Insurance Repository Deputy Manager Operations salary in India ranges between ₹4.8 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Karvy Insurance Repository latest salaries received from various employees of Karvy Insurance Repository.