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Loop Health Claims Specialist salaries in Mumbai

Annual salary range
3 - 10 years exp.
₹4.2 Lakhs - ₹6.6 Lakhs
Salary of majority employees
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28% more than the average Claims Specialist Salary in Software Product Companies for 3 - 10 years of experience

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Last Updated: 18 Mar 2024

Companies similar to Loop Health for Claims Specialist in Mumbai

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Loop Health Claims Specialist Salary

3 - 10 years exp. (4 salaries)

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₹4.2 L/yr - ₹6.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Marsh McLennan Claims Specialist Salary

2 - 10 years exp. (14 salaries)

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₹4.6 L/yr - ₹6.2 L/yr

arrow icon 8% more
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Teleperformance Claims Specialist Salary

0 - 6 years exp. (6 salaries)

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₹3.5 L/yr - ₹4.6 L/yr

arrow icon 23% less
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Sagility Claims Specialist Salary

1 - 3 years exp. (5 salaries)

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₹1.1 L/yr - ₹2.8 L/yr

arrow icon 55% less
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₹3.6 L/yr - ₹5.5 L/yr

arrow icon 20% less
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Accenture Claims Specialist Salary

3 - 6 years exp. (4 salaries)

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₹2.6 L/yr - ₹4.1 L/yr

arrow icon 35% less
Claims Specialist salary at Loop Health ranges between ₹4.2 Lakhs to ₹6.6 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Loop Health.

Latest annual salaries shared by Loop Health Claims Specialist in Mumbai

1y ago
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10 years exp.
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3 years exp.
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3 years exp.

Experience wise Loop Health Claims Specialist salaries in Mumbai

Last Updated: 18 Mar 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹8.8 L/yr
4 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹9 L/yr
5 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
View all

Top skills at Loop Health for Claims Specialist

Claims Root Cause Analysis Account Management Health Insurance TPA Insurance Claims Loop Healthcare

Salary related reviews for Loop Health

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 13 Feb 2024

3.0
 for  Salary and Benefits

Likes

Salary is at par

Dislikes

The worst company. You will end up wasting your time and energy there. Extremely hopeless slt members. 0 knowledge of market. The management team is like freshers. All under 30. No clue of outside market. You will regret every minute spent here and will end up paying back the joining bonus they offered.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Strategic & Top Management Department

5.0
  •  posted on 15 Jan 2025

5.0
 for  Salary and Benefits

Likes

Great learning environment, fast moving and focused on outcomes, open to listening in and change - i.e. adaptable.

  • Salary - Excellent
  • +6 more

Dislikes

Nothing in particular but they need to invest in learning and development for the employees - mostly, this is internally done

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 10 May 2023

2.0
 for  Salary and Benefits

Likes

Good colleagues

Dislikes

Rewardless job, no appreciation/ recognition from management Company culture is very bad. Only hire and fire policy. Weekly pressure on performance. Even if you do not perform for a week you are placed in pip or asked to leave no appraisal procees in place no job rotation or options to look for new roles/ no growth in your current role as well just come and do the job you are hired for and go home people spend less thant 10 months here on an avg

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Aug 2023

1.0
 for  Salary and Benefits

Likes

Worst company to work for. If anybody wants to sucide with his career can join this company. They are blacklisted company by many renewed corporates and Insurance Companies. They sale personal data to market to earn money.

read more

Dislikes

Fake commitments and worst top management.

  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 31 Oct 2024

5.0
 for  Salary and Benefits

Likes

The office echoed with uncertainty, a constant hum of anxiety thrumming beneath the surface. Directives were issued and then retracted, often contradicting previous instructions. Whispers of sudden departures followed by hastily filled desks fueled a pervasive sense of unease. No one dared speak openly, but the fear in their eyes spoke volumes. The future felt precarious, a house of cards built on shifting sand.

read more
  • Salary - Excellent

Dislikes

The leadership will though you under the bus anytime.

  • Skill development - Poor
  • +5 more
see more salary related reviews

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Loop Health Claims Specialist Salary FAQs

What is the salary of Claims Specialist at Loop Health in Mumbai?
The average salary of a Claims Specialist at Loop Health in Mumbai typically ranges from ₹4.2 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Claims Specialist in Mumbai at Loop Health earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Claims Specialist Salaries at Loop Health 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 Loop Health employees in India.
What is the estimated take home salary of a Claims Specialist at Loop Health in Mumbai?
The estimated take-home salary of a Claims Specialist at Loop Health in Mumbai typically ranges from ₹39,279 to ₹40,455 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 3 years to 10 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 Loop Health. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Claims Specialist at Loop Health in Mumbai?
To be a Claims Specialist at Loop Health in Mumbai, the key skills required include:

  • - Claims
  • - Root Cause Analysis
  • - Account Management
  • - Health Insurance
  • - TPA

These skills are highly valued at Loop Health and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Loop Health for Claims Specialist in India?
Marsh McLennan ₹4.6 Lakhs to ₹6.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Loop Health, depending on the role and experience level.
What is the salary of a Claims Specialist in companies similar to Loop Health in Mumbai?
The salary of a Claims Specialist at companies similar to Loop Health in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CHCS Services India Pvt. Ltd. ₹3.6 Lakhs to ₹5.5 Lakhs per year
Teleperformance ₹3.5 Lakhs to ₹4.6 Lakhs per year
Accenture ₹2.6 Lakhs to ₹4.1 Lakhs per year
Sagility ₹1.1 Lakhs to ₹2.8 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 Claims Specialist at Loop Health in Mumbai?
The salary growth for a Claims Specialist at Loop Health in Mumbai depends on factors such as experience, performance, and promotions. On average, a Claims Specialist in Mumbai can expect the following growth trajectory at Loop Health:

Experience Average Salary Range
3 years ₹4.5 Lakhs to ₹8.8 Lakhs per year
4 years ₹4.2 Lakhs to ₹9.0 Lakhs per year
5 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
and so on.

Tell us how to improve this page.

Loop Health Claims Specialist salary in Mumbai ranges between ₹4.2 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Loop Health latest salaries received from various employees of Loop Health.