Liberty General Insurance Policy Processing Officer Salaries by 4 Employees

4 - 7 years exp.

₹3.2 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

60% more than the average Policy Processing Officer Salary in Insurance Companies for 4 - 7 years of experience

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Last Updated: 23 Aug 2024

Companies similar to Liberty General Insurance for Policy Processing Officer

Company name	Avg Annual Salary	Open Jobs
Universal Sompo General Insurance Policy Processing Officer Salary 3 - 7 years exp. (5 salaries)	₹2.3 L/yr - ₹3.4 L/yr 23% less
Royal Sundaram General Insurance Policy Processing Officer Salary 0 - 3 years exp. (4 salaries)	₹0.8 L/yr - ₹3.6 L/yr 60% less
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PolicyBazaar Policy Processing Officer Salary 1 - 2 years exp. (4 salaries)	₹3.1 L/yr - ₹5 L/yr 15% more
HDFC Ergo General Insurance Policy Processing Officer Salary 4 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 4% less
CreditAccess Grameen Policy Processing Officer Salary 1 - 2 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 18% less

Policy Processing Officer salary at Liberty General Insurance ranges between ₹3.2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Liberty General Insurance.

Experience wise Liberty General Insurance Policy Processing Officer salaries

Last Updated: 23 Aug 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

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Salary related reviews for Liberty General Insurance

4.0

Rated by 1 employees for salary & benefits

Sales Executive in Thane

BFSI, Investments & Trading Department

4.0

• posted on 24 Feb 2021

4.0

for Salary and Benefits

Likes

As a sales executive working in liberty was good, everything will be fine, salary on time, culture was amazing, professional behavior everything is good

Salary - Good

+4 more

Dislikes

There is no job security, as a sales executive in liberty our process will shift to pune and company said u will continue to pune otherwise leave this job .. that's why j m switch the company now

Job security - Poor

+1 more

IT Application Manager in Mumbai

Full Time

Project & Program Management Department

1.0

• posted on 17 Nov 2024

2.0

for Salary and Benefits

Likes

Company had good Value before, very good understanding about their employees. Salary on time

Dislikes

Mismanagement, Rude managers without technical knowledge, Gives wrong picture to upper management They do politics and with removing employees without proper evidence MAD HR , they only support upper management There is no grievance team to look employees complaint

Salary - Poor

+6 more

Claims Service Manager in Pune

Customer Success, Service & Operations Department

4.0

• posted on 23 Jul 2021

4.0

for Salary and Benefits

Likes

Very friendly work culture, employee caring Company. Appraisal are fair and they give good salary hike for top performers. No of training session free linkedIn learning facility available. International trip for Top performers.

Salary - Good

+5 more

Dislikes

Nothing much., need to work beyond working hours

Relationships Officers in Jalandhar

BFSI, Investments & Trading Department

5.0

• posted on 07 Dec 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates are supportive.Company policies are good,appraisal are fair and they give good salary hike and bonus every year

Salary - Excellent

+5 more

Dislikes

There is a lot off politics, salary is decent.

Deputy Vice President in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing they do not treat employees in proper manner lot of politics

Dislikes

The culture and people you work doe not trust and company does not have any proper set SOP's unprofessional and zero integrity company to work in my whole career

Salary - Bad

+6 more

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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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Liberty General Insurance Policy Processing Officer Salary FAQs

What is the salary of Policy Processing Officer at Liberty General Insurance ?

The average salary of a Policy Processing Officer at Liberty General Insurance in India typically ranges from ₹3.2 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Policy Processing Officer at Liberty General Insurance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Policy Processing Officer Salaries at Liberty General Insurance 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 Liberty General Insurance employees in India.

What is the estimated take home salary of a Policy Processing Officer at Liberty General Insurance in India?

The estimated take-home salary of a Policy Processing Officer at Liberty General Insurance in India typically ranges from ₹28,226 to ₹29,616 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 4 years to 7 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 Liberty General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Liberty General Insurance for Policy Processing Officer in India?

PolicyBazaar

₹3.1 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Policy Processing Officer in companies similar to Liberty General Insurance in India?

The salary of a Policy Processing Officer at companies similar to Liberty General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Ergo General Insurance	₹3.0 Lakhs to ₹4.0 Lakhs per year
CreditAccess Grameen	₹3.0 Lakhs to ₹3.5 Lakhs per year
Universal Sompo General Insurance	₹2.3 Lakhs to ₹3.4 Lakhs per year
Royal Sundaram General Insurance	₹0.8 Lakhs to ₹3.6 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 Policy Processing Officer at Liberty General Insurance in India?

The salary growth for a Policy Processing Officer at Liberty General Insurance depends on factors such as experience, performance, and promotions. On average, a Policy Processing Officer can expect the following growth trajectory at Liberty General Insurance:

Experience	Average Salary Range
4 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
6 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
7 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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Liberty General Insurance Policy Processing Officer Salaries

Liberty General Insurance Policy Processing Officer salary in India ranges between ₹3.2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Liberty General Insurance latest salaries received from various employees of Liberty General Insurance.