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Karvy Insurance Repository Operations Manager salaries in India

Annual salary range
13 - 16 years exp.
₹8 Lakhs - ₹9.6 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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21% less than the average Operations Manager Salary in Insurance Companies for 13 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Operations Manager Salary
14 - 15 years exp. (3 salaries)
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₹8 L/yr - ₹9.6 L/yr

BFSI, Investments & Trading
Operations Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 17 Mar 2023

Companies similar to Karvy Insurance Repository for Operations Manager

Company name Avg Annual Salary Open Jobs
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AXA Business Services Operations Manager Salary

11 - 20 years exp. (29 salaries)

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₹10.1 L/yr - ₹25 L/yr

arrow icon 137% more
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Coverfox Operations Manager Salary

1 - 9 years exp. (7 salaries)

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₹3.1 L/yr - ₹10.4 L/yr

arrow icon 32% less
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₹5 L/yr - ₹11 L/yr

arrow icon 11% less
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₹2 L/yr - ₹11 L/yr

arrow icon 27% less
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₹6.5 L/yr - ₹8 L/yr

arrow icon 11% less
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₹2.3 L/yr - ₹8.8 L/yr

arrow icon 45% less
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₹14 L/yr - ₹19 L/yr

arrow icon 90% more
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Raksha TPA Operations Manager Salary

9 - 11 years exp. (4 salaries)

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₹5.5 L/yr - ₹9.2 L/yr

arrow icon 22% less
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Vidal Health Tpa Operations Manager Salary

8 - 10 years exp. (4 salaries)

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₹9.5 L/yr - ₹16.5 L/yr

arrow icon 43% more
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₹4.5 L/yr - ₹7.5 L/yr

arrow icon 34% less
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₹8.3 L/yr - ₹10.2 L/yr

arrow icon 4% more
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₹5.7 L/yr - ₹8.2 L/yr

arrow icon 23% less
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₹6.8 L/yr - ₹8.7 L/yr

arrow icon 12% less
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Ditto Operations Manager Salary

2 - 4 years exp. (3 salaries)

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₹10.2 L/yr - ₹10.5 L/yr

arrow icon 20% more
Operations Manager salary at Karvy Insurance Repository ranges between ₹8 Lakhs to ₹9.6 Lakhs per year for employees with experience between 13 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Karvy Insurance Repository.

Latest annual salaries shared by Karvy Insurance Repository Operations Manager

1y ago
₹9.6 Lakhs
15 years exp.
1y ago
₹8.5 Lakhs
15 years exp.
1y ago
₹8 Lakhs
14 years exp.
1y ago
₹8 Lakhs
13 years exp.
1y ago
₹9 Lakhs
16 years exp.

Experience wise Karvy Insurance Repository Operations Manager salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
13 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
14 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.6 L/yr
15+ years  (3 salaries)

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₹8.5 L/yr - ₹9.6 L/yr

Similar Designation salaries in Karvy Insurance Repository

Senior Operations Manager Salary
(AmbitionBox Estimate)
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₹8.4 L/yr - ₹10.7 L/yr
Deputy Manager Salary
(3 salaries)
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₹4.7 L/yr - ₹11 L/yr
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₹1.55 L/yr - ₹2 L/yr
Team Lead Salary
(3 salaries)
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₹1.8 L/yr - ₹2.5 L/yr

Salary related reviews for Karvy Insurance Repository

3.0

Rated by 1 employees for salary & benefits

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

read more
  • Salary - Poor

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.

read more
  • Salary - Good
  • +6 more

Dislikes

Not much to say as i did not found anything

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.

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Dislikes

  • Skill development - Bad
  • Job security - Bad
  • +4 more

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

read more
  • Promotions - Poor
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Karvy Insurance Repository Operations Manager Salary FAQs

What is the salary of Operations Manager at Karvy Insurance Repository ?
The average salary of a Operations Manager at Karvy Insurance Repository in India typically ranges from ₹8.0 Lakhs to ₹9.6 Lakhs per year, depending on experience (from 13 years to 16 years).

The top 10% of Operations Manager at Karvy Insurance Repository earn more than ₹9.6 Lakhs per year, and the top 1% earn over ₹9.6 Lakhs per year. Operations Manager 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 5 Karvy Insurance Repository employees in India.
What is the estimated take home salary of a Operations Manager at Karvy Insurance Repository in India?
The estimated take-home salary of a Operations Manager at Karvy Insurance Repository in India typically ranges from ₹62,929 to ₹64,529 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹9.6 Lakhs per year for employees with experience ranging from 13 years to 16 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 5 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 Operations Manager in India?
AXA Business Services ₹10.1 Lakhs to ₹25.0 Lakhs per year
CHCS Services India Pvt. Ltd. ₹14.0 Lakhs to ₹19.0 Lakhs per year
Vidal Health Tpa ₹9.5 Lakhs to ₹16.5 Lakhs per year
Ditto ₹10.2 Lakhs to ₹10.5 Lakhs per year
Alliance Insurance Brokers ₹8.3 Lakhs to ₹10.2 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 Operations Manager in companies similar to Karvy Insurance Repository in India?
The salary of a Operations Manager at companies similar to Karvy Insurance Repository in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Marsh India Insurance Brokers ₹6.5 Lakhs to ₹8.0 Lakhs per year
Prudent Insurance Brokers ₹5.0 Lakhs to ₹11.0 Lakhs per year
Absolute Insurance Surveyors and Loss Assessors ₹6.8 Lakhs to ₹8.7 Lakhs per year
Raksha TPA ₹5.5 Lakhs to ₹9.2 Lakhs per year
Vidal Health Insurance ₹5.7 Lakhs to ₹8.2 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 Operations Manager at Karvy Insurance Repository in India?
The salary growth for a Operations Manager at Karvy Insurance Repository depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at Karvy Insurance Repository:

Experience Average Salary Range
13 years ₹7.2 Lakhs to ₹9.2 Lakhs per year
14 years ₹7.5 Lakhs to ₹9.6 Lakhs per year
15 years ₹8.5 Lakhs to ₹9.6 Lakhs per year
and so on.

Tell us how to improve this page.

Karvy Insurance Repository Operations Manager salary in India ranges between ₹8 Lakhs to ₹9.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Karvy Insurance Repository latest salaries received from various employees of Karvy Insurance Repository.