MDIndia Health Insurance TPA Mumbai Back Office Executive Salaries by 4 Employees

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₹1 Lakh - ₹1.9 Lakh

Avg. annual salary

Monthly In-hand Salary

34% less than the average Back Office Executive Salary in Insurance Companies for 2 years of experience

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Last Updated: 22 Jun 2024

Companies similar to MDIndia Health Insurance TPA for Back Office Executive in Mumbai

MDIndia Health Insurance TPA Back Office Executive Salary

2 years exp. (4 salaries)

₹1 L/yr - ₹1.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIG Back Office Executive Salary 0 - 7 years exp. (84 salaries)	₹1.1 L/yr - ₹4.2 L/yr 51% more
ICICI Lombard General Insurance Company Back Office Executive Salary 0 - 6 years exp. (40 salaries)	₹1.8 L/yr - ₹3.7 L/yr 63% more	5 job openings
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ICICI Prudential Life Insurance Back Office Executive Salary 1 - 8 years exp. (19 salaries)	₹1.1 L/yr - ₹3.1 L/yr 38% more
Tata AIA Life Insurance Back Office Executive Salary 3 - 6 years exp. (13 salaries)	₹1.1 L/yr - ₹5.2 L/yr 85% more
Reliance Nippon Life Insurance Back Office Executive Salary 1 - 9 years exp. (12 salaries)	₹2 L/yr - ₹5 L/yr 82% more
Iffco Tokio General Insurance Co. Back Office Executive Salary 1 - 7 years exp. (12 salaries)	₹1.2 L/yr - ₹2.2 L/yr 25% more
HDFC Life Back Office Executive Salary 1 - 5 years exp. (10 salaries)	₹1.5 L/yr - ₹3.1 L/yr 57% more
SBI General Insurance Back Office Executive Salary 0 - 5 years exp. (7 salaries)	₹2 L/yr - ₹3.2 L/yr 72% more
Aditya Birla Sun Life Insurance Back Office Executive Salary 0 - 6 years exp. (7 salaries)	₹1.5 L/yr - ₹4 L/yr 85% more
Aditya Birla Health Insurance Co Back Office Executive Salary 2 - 5 years exp. (7 salaries)	₹2 L/yr - ₹3.5 L/yr 72% more
Reliance General Insurance Back Office Executive Salary 1 - 7 years exp. (6 salaries)	₹1.7 L/yr - ₹2.8 L/yr 48% more
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PNB MetLife Back Office Executive Salary 1 - 6 years exp. (5 salaries)	₹2.1 L/yr - ₹3.5 L/yr 58% more
Star Health & Allied Insurance Back Office Executive Salary 1 - 5 years exp. (5 salaries)	₹2 L/yr - ₹2.5 L/yr 46% more
Shriram Life Insurance Back Office Executive Salary 4 - 7 years exp. (3 salaries)	₹2.3 L/yr - ₹2.5 L/yr 51% more
Bajaj Allianz Life Insurance Back Office Executive Salary 3 - 9 years exp. (3 salaries)	₹2.1 L/yr - ₹3.1 L/yr 53% more

Back Office Executive salary at MDIndia Health Insurance TPA ranges between ₹1 Lakh to ₹1.9 Lakh per year for employees with 2 years of experience. Salary estimates are based on 4 latest salaries received from various employees of MDIndia Health Insurance TPA.

Experience wise MDIndia Health Insurance TPA Back Office Executive salaries in Mumbai

Last Updated: 22 Jun 2024

Experience	Avg Annual Salary
2 years (4 salaries)	₹1 L/yr - ₹1.9 L/yr
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Similar Designation salaries in MDIndia Health Insurance TPA

Operations Executive Salary

(5 salaries)

₹1.2 L/yr - ₹2.66 L/yr

Top skills at MDIndia Health Insurance TPA for Back Office Executive

Data Entry Computer Operating Excel typing Health Insurance Data Entry Operation Typing Speed Claims Billing Back Office Backend Operations Insurance Claims Processing MS - CIT Operations

Salary related reviews for MDIndia Health Insurance TPA

4.3

Rated by 2 employees for salary & benefits

Back Office Executive in Pune

Claim Department

3.0

• posted on 14 Jul 2019

3.0

for Salary and Benefits

Likes

In this company Teammates are very supportive, training is good. specially for ladies this company is the best because for ladies there is many opportunities and also growth and rules and regulations for ladies safety is too good ..

Dislikes

Compensation is decent, but growth is very slow. Sometime work pressure is very high and actually they change their work rule very fastly and we are not able to implement that rule quickly so it's my bad experience

Promotions - Poor

+1 more

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

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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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MDIndia Health Insurance TPA Back Office Executive Salary FAQs

What is the salary of Back Office Executive at MDIndia Health Insurance TPA in Mumbai?

The average salary of a Back Office Executive at MDIndia Health Insurance TPA in Mumbai typically ranges from ₹1.0 Lakhs to ₹1.9 Lakhs per year, depending on experience (from 2 years to 2 years).

The top 10% of Back Office Executive in Mumbai at MDIndia Health Insurance TPA earn more than ₹1.9 Lakhs per year, and the top 1% earn over ₹1.9 Lakhs per year. Back Office Executive 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 4 MDIndia Health Insurance TPA employees in India.

What is the estimated take home salary of a Back Office Executive at MDIndia Health Insurance TPA in Mumbai?

The estimated take-home salary of a Back Office Executive at MDIndia Health Insurance TPA in Mumbai typically ranges from ₹10,727 to ₹11,871 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹1.9 Lakhs per year for employees with experience ranging from 2 years to 2 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 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 Back Office Executive at MDIndia Health Insurance TPA in Mumbai?

To be a Back Office Executive at MDIndia Health Insurance TPA in Mumbai, the key skills required include:

- Data Entry
- Computer Operating
- Excel
- typing
- Health Insurance

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 Back Office Executive in India?

Aditya Birla Sun Life Insurance	₹1.5 Lakhs to ₹4.0 Lakhs per year
Tata AIA Life Insurance	₹1.1 Lakhs to ₹5.2 Lakhs per year
Reliance Nippon Life Insurance	₹2.0 Lakhs to ₹5.0 Lakhs per year
SBI General Insurance	₹2.0 Lakhs to ₹3.2 Lakhs per year
Aditya Birla Health Insurance Co	₹2.0 Lakhs to ₹3.5 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 Back Office Executive in companies similar to MDIndia Health Insurance TPA in Mumbai?

The salary of a Back Office Executive 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:

ICICI Lombard General Insurance Company	₹1.8 Lakhs to ₹3.7 Lakhs per year
PNB MetLife	₹2.1 Lakhs to ₹3.5 Lakhs per year
HDFC Life	₹1.5 Lakhs to ₹3.1 Lakhs per year
Bajaj Allianz Life Insurance	₹2.1 Lakhs to ₹3.1 Lakhs per year
Tata AIG	₹1.1 Lakhs to ₹4.2 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 Back Office Executive at MDIndia Health Insurance TPA in Mumbai?

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

Experience	Average Salary Range
2 years	₹1.0 Lakhs to ₹1.9 Lakhs per year

and so on.

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MDIndia Health Insurance TPA Back Office Executive Salaries in Mumbai

MDIndia Health Insurance TPA Back Office Executive salary in Mumbai ranges between ₹1 Lakh to ₹1.9 Lakh with an average annual salary of ₹. Salary estimates are based on 4 MDIndia Health Insurance TPA latest salaries received from various employees of MDIndia Health Insurance TPA.