Madhav Insurance Brokers Claims Manager Salaries by 4 Employees (Updated 2025)

3 - 8 years exp.

₹3.6 Lakhs - ₹5.4 Lakhs

Salary of majority employees

35% less than the average Claims Manager Salary in Financial Services Companies for 3 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Claims Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
Human Resources Claims Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Risk Management & Compliance Claims Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹5.9 L/yr

Last Updated: 21 Dec 2024

Companies similar to Madhav Insurance Brokers for Claims Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIG Claims Manager Salary 1 - 9 years exp. (65 salaries)	₹2.5 L/yr - ₹8.6 L/yr 57% more
Tata AIA Life Insurance Claims Manager Salary 5 - 17 years exp. (4 salaries)	₹8.6 L/yr - ₹12 L/yr 192% more
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Bajaj Allianz Life Insurance Claims Manager Salary 10 - 13 years exp. (4 salaries)	₹11.5 L/yr - ₹13.1 L/yr 243% more
SBI Life Insurance Company Claims Manager Salary 16 - 20 years exp. (3 salaries)	₹12.5 L/yr - ₹15.5 L/yr 284% more
Care Health Insurance Claims Manager Salary 0 - 9 years exp. (342 salaries)	₹1.9 L/yr - ₹7.8 L/yr 29% more	1 job opening

Claims Manager salary at Madhav Insurance Brokers ranges between ₹3.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Madhav Insurance Brokers.

Experience wise Madhav Insurance Brokers Claims Manager salaries

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Madhav Insurance Brokers

Relationship Manager Salary

(4 salaries)

₹4.2 L/yr - ₹6 L/yr

Associate Vice President Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

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Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Madhav Insurance Brokers Claims Manager Salary FAQs

What is the salary of Claims Manager at Madhav Insurance Brokers?

Claims Manager salary at Madhav Insurance Brokers in India ranges between ₹3.6 Lakhs to ₹5.4 Lakhs for experience between 3 years to 8 years. According to our estimates it is 35% less than the average Claims Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Madhav Insurance Brokers India.

How does the salary of a Claims Manager at Madhav Insurance Brokers India compare with the average salary range for this job?

The average salary of a Claims Manager at Madhav Insurance Brokers is 35% less than the average salary of a Claims Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Madhav Insurance Brokers to a Claims Manager in India?

SBI Life Insurance Company Claims Manager Salary - ₹12.5 Lakhs to ₹15.5 Lakhs per year
Bajaj Allianz Life Insurance Claims Manager Salary - ₹11.5 Lakhs to ₹13.1 Lakhs per year
Tata AIA Life Insurance Claims Manager Salary - ₹8.6 Lakhs to ₹12.0 Lakhs per year
Tata AIG Claims Manager Salary - ₹2.5 Lakhs to ₹8.6 Lakhs per year
Care Health Insurance Claims Manager Salary - ₹1.9 Lakhs to ₹7.8 Lakhs per year

What is the estimated take home salary of a Claims Manager at Madhav Insurance Brokers in India?

The estimated take-home salary of a Claims Manager at Madhav Insurance Brokers ranges between ₹26,850 per month to ₹28,261 per month in India. The take-home salary calculation is based on the average Madhav Insurance Brokers Claims Manager salary in India which ranges between ₹3.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Claims Manager at Madhav Insurance Brokers?

According to AmbitionBox, 67% of the Madhav Insurance Brokers Claims Managers reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Madhav Insurance Brokers Claims Manager Salaries

Madhav Insurance Brokers Claims Manager salary in India ranges between ₹3.6 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Madhav Insurance Brokers latest salaries received from various employees of Madhav Insurance Brokers.