MDIndia Health Insurance TPA Mumbai Assistant Manager Salaries by 5 Employees

5 - 12 years exp.

₹3.8 Lakhs - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

48% less than the average Assistant Manager Salary in Insurance Companies for 5 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.6 L/yr

Last Updated: 10 Sep 2023

Companies similar to MDIndia Health Insurance TPA for Assistant Manager in Mumbai

MDIndia Health Insurance TPA Assistant Manager Salary

5 - 12 years exp. (5 salaries)

₹3.8 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Assistant Manager Salary 3 - 17 years exp. (315 salaries)	₹4.7 L/yr - ₹18 L/yr 136% more	29 job openings
ICICI Prudential Life Insurance Assistant Manager Salary 1 - 12 years exp. (238 salaries)	₹3.2 L/yr - ₹7 L/yr 23% more
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Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (222 salaries)	₹3 L/yr - ₹9.5 L/yr 31% more
SBI Life Insurance Company Assistant Manager Salary 0 - 15 years exp. (194 salaries)	₹4 L/yr - ₹11 L/yr 70% more
Aditya Birla Sun Life Insurance Assistant Manager Salary 0 - 8 years exp. (149 salaries)	₹1.9 L/yr - ₹6.5 L/yr 6% more
HDFC Life Assistant Manager Salary 1 - 10 years exp. (88 salaries)	₹1.7 L/yr - ₹7 L/yr 13% more
Reliance Nippon Life Insurance Assistant Manager Salary 1 - 15 years exp. (73 salaries)	₹2.5 L/yr - ₹8 L/yr 4% more
SBI General Insurance Assistant Manager Salary 0 - 11 years exp. (70 salaries)	₹3.2 L/yr - ₹9 L/yr 1% more
Bajaj Allianz Life Insurance Assistant Manager Salary 2 - 14 years exp. (63 salaries)	₹3 L/yr - ₹12 L/yr 76% more	1 job opening
PNB MetLife Assistant Manager Salary 2 - 11 years exp. (55 salaries)	₹2.5 L/yr - ₹8 L/yr 22% more	2 job openings
Star Health & Allied Insurance Assistant Manager Salary 5 - 12 years exp. (23 salaries)	₹3 L/yr - ₹8 L/yr 21% more
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Marsh Assistant Manager Salary 0 - 6 years exp. (22 salaries)	₹6 L/yr - ₹19 L/yr 168% more
ICICI Lombard General Insurance Company Assistant Manager Salary 3 - 13 years exp. (20 salaries)	₹3.9 L/yr - ₹9.3 L/yr 37% more
Iffco Tokio General Insurance Co. Assistant Manager Salary 1 - 12 years exp. (12 salaries)	₹6.3 L/yr - ₹8.8 L/yr 72% more
Reliance General Insurance Assistant Manager Salary 1 - 11 years exp. (12 salaries)	₹3 L/yr - ₹6 L/yr 13% more
Tata AIG Assistant Manager Salary 7 - 15 years exp. (6 salaries)	₹4.9 L/yr - ₹7.3 L/yr 35% more
Gallagher Assistant Manager Salary 8 - 16 years exp. (5 salaries)	₹10 L/yr - ₹26 L/yr 235% more
National Insurance Company Assistant Manager Salary 7 - 9 years exp. (4 salaries)	₹11 L/yr - ₹16.5 L/yr 232% more

Assistant Manager salary at MDIndia Health Insurance TPA ranges between ₹3.8 Lakhs to ₹5.5 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of MDIndia Health Insurance TPA.

Experience wise MDIndia Health Insurance TPA Assistant Manager salaries in Mumbai

Last Updated: 10 Sep 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
10 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
11 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
12 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr

View all

From

Assistant Manager

4 - 16 years exp.

Manager

2 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in MDIndia Health Insurance TPA

Operations Executive Salary

(5 salaries)

₹1.2 L/yr - ₹2.66 L/yr

Back Office Executive Salary

(4 salaries)

₹1 L/yr - ₹1.85 L/yr

Top skills at MDIndia Health Insurance TPA for Assistant Manager

Health Insurance client servicing Communication Skills TPA TPA

Salary related reviews for MDIndia Health Insurance TPA

5.0

Rated by 1 employees for salary & benefits

Team Lead in Bangalore Rural

Full Time

Other Department

1.0

• posted on 27 Mar 2023

1.0

for Salary and Benefits

Likes

This workplace is not meant for the person who is bread earner for the family as the pay is chiller pay which is not meant to satisfy One's daily needs.

Skill development - Excellent

+1 more

Dislikes

The managers are worse than animals especially at Bangalore PIMS Team. They are uncivilised, donkeys. Don't know who has appointed them as Managers. PIMS team managers at Bangalore Branch are of stone hearted idiots. That's why the team members have resigned including myself.

Salary - Bad

+4 more

Operations Executive in Chennai

Semi Voice Department

4.0

• posted on 10 Jan 2021

2.0

for Salary and Benefits

Likes

Yeah. MDindia has been so good for me especially in the days of pandemic, i get my computer skill develop fast in MDIndia, work culture is not bad.

Skill development - Excellent

+3 more

Dislikes

...ent i had some issue with managers and management, even the fault was not mines. yes i had some bitter experience some days with management, salary package is low .. but for fresher its ok.. overall i had my skills developed and gained confidence to work anywhere.

Salary - Poor

+1 more

Insurance Coordinator in Chennai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 10 Nov 2023

3.0

for Salary and Benefits

Likes

I am not stress for working time so first likes MD India company. Then peoples are respect to me and more hope also to me. I likes more for this company.

Skill development - Good

+3 more

Dislikes

salary is a uncomfortable because you know our country all products cost also very high. Please increased our coordinator salary.This not only my problem all insurance coordinaor problems.

State Coordinator in Naharlagun

Full Time

Healthcare & Life Sciences Department

3.0

• posted on 21 Jun 2024

2.0

for Salary and Benefits

Likes

Great work environment and strong work ethic"

Dislikes

Salary structure, appraisal system, and increment policies do not adequately recognize or value the contributions of remote employees, especially in comparison to employees in metropolitan areas.

Salary - Poor

+1 more

Senior Accounts Executive in Pune

Full Time

Finance & Accounting Department

3.0

• posted on 07 Dec 2023

3.0

for Salary and Benefits

Likes

1. Co - operative staff 2. Flexible shift time 3. Week off on 2 sat 4. time to time payment 5. Canteen facility 6.healthy working culture 7. People take retirement from this company

Job security - Excellent

+3 more

Dislikes

1. Increment is not satisfactory 2. Salary is received less 3. Need to improve salary structure and promotional policy

see more salary related reviews

Discover interview dos and don'ts from real experiences

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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MDIndia Health Insurance TPA Assistant Manager Salary FAQs

What is the salary of Assistant Manager at MDIndia Health Insurance TPA in Mumbai?

The average salary of a Assistant Manager at MDIndia Health Insurance TPA in Mumbai typically ranges from ₹3.8 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Assistant Manager in Mumbai at MDIndia Health Insurance TPA earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Assistant Manager Salaries at MDIndia Health Insurance TPA 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 MDIndia Health Insurance TPA employees in India.

What is the estimated take home salary of a Assistant Manager at MDIndia Health Insurance TPA in Mumbai?

The estimated take-home salary of a Assistant Manager at MDIndia Health Insurance TPA in Mumbai typically ranges from ₹32,229 to ₹33,510 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 5 years to 12 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 MDIndia Health Insurance TPA. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at MDIndia Health Insurance TPA in Mumbai?

To be a Assistant Manager at MDIndia Health Insurance TPA in Mumbai, the key skills required include:

- Health Insurance
- client servicing
- Communication Skills
- TPA
- TPA

These skills are highly valued at MDIndia Health Insurance TPA and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than MDIndia Health Insurance TPA for Assistant Manager in India?

Gallagher	₹10.0 Lakhs to ₹26.0 Lakhs per year
National Insurance Company	₹11.0 Lakhs to ₹16.5 Lakhs per year
Marsh	₹6.0 Lakhs to ₹19.0 Lakhs per year
Tata AIA Life Insurance	₹4.7 Lakhs to ₹18.0 Lakhs per year
Bajaj Allianz Life Insurance	₹3.0 Lakhs to ₹12.0 Lakhs per year

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

What is the salary of a Assistant Manager in companies similar to MDIndia Health Insurance TPA in Mumbai?

The salary of a Assistant Manager at companies similar to MDIndia Health Insurance TPA in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Iffco Tokio General Insurance Co.	₹6.3 Lakhs to ₹8.8 Lakhs per year
SBI Life Insurance Company	₹4.0 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company	₹3.9 Lakhs to ₹9.3 Lakhs per year
Tata AIG	₹4.9 Lakhs to ₹7.3 Lakhs per year
Aditya Birla Health Insurance Co	₹3.0 Lakhs to ₹9.5 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 Assistant Manager at MDIndia Health Insurance TPA in Mumbai?

The salary growth for a Assistant Manager at MDIndia Health Insurance TPA in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at MDIndia Health Insurance TPA:

Experience	Average Salary Range
5 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
6 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
7 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
8 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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MDIndia Health Insurance TPA Assistant Manager Salaries in Mumbai

MDIndia Health Insurance TPA Assistant Manager salary in Mumbai ranges between ₹3.8 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 MDIndia Health Insurance TPA latest salaries received from various employees of MDIndia Health Insurance TPA.

MDIndia Health Insurance TPA Assistant Manager salaries in Mumbai

Companies similar to MDIndia Health Insurance TPA for Assistant Manager in Mumbai

Latest annual salaries shared by MDIndia Health Insurance TPA Assistant Manager in Mumbai

Experience wise MDIndia Health Insurance TPA Assistant Manager salaries in Mumbai

Similar Designation salaries in MDIndia Health Insurance TPA

Top skills at MDIndia Health Insurance TPA for Assistant Manager

Salary related reviews for MDIndia Health Insurance TPA

Team Lead in Bangalore Rural

Operations Executive in Chennai

Insurance Coordinator in Chennai

State Coordinator in Naharlagun

Senior Accounts Executive in Pune

MDIndia Health Insurance TPA Assistant Manager Salary FAQs

Tell us how to improve this page.