MDIndia Health Insurance TPA Branch Manager Salaries by 9 Employees

6 - 12 years exp.

₹4.6 Lakhs - ₹7.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

40% less than the average Branch Manager Salary in Insurance Companies for 6 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations Branch Manager Salary 9 - 11 years exp. (3 salaries)	₹4.6 L/yr - ₹6.6 L/yr
Healthcare & Life Sciences Branch Manager Salary 6 - 9 years exp. (3 salaries)	₹5 L/yr - ₹7.6 L/yr
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BFSI, Investments & Trading Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.7 L/yr

Last Updated: 12 Dec 2024

Companies similar to MDIndia Health Insurance TPA for Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (421 salaries)	₹6.5 L/yr - ₹18.8 L/yr 121% more
HDFC Life Branch Manager Salary 6 - 18 years exp. (259 salaries)	₹5.3 L/yr - ₹12.5 L/yr 70% more
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Star Health & Allied Insurance Branch Manager Salary 7 - 18 years exp. (112 salaries)	₹4 L/yr - ₹11.7 L/yr 44% more
ICICI Lombard General Insurance Company Branch Manager Salary 5 - 17 years exp. (213 salaries)	₹5 L/yr - ₹13 L/yr 63% more	4 job openings
Reliance Nippon Life Insurance Branch Manager Salary 7 - 19 years exp. (200 salaries)	₹3.8 L/yr - ₹10 L/yr 35% more
SBI Life Insurance Company Branch Manager Salary 7 - 24 years exp. (171 salaries)	₹6.5 L/yr - ₹15.7 L/yr 95% more
Tata AIA Life Insurance Branch Manager Salary 6 - 20 years exp. (191 salaries)	₹5 L/yr - ₹17.7 L/yr 121% more	13 job openings
Aditya Birla Health Insurance Co Branch Manager Salary 5 - 16 years exp. (161 salaries)	₹5 L/yr - ₹12 L/yr 61% more
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 18 years exp. (126 salaries)	₹4.5 L/yr - ₹12.9 L/yr 50% more	17 job openings
Aditya Birla Sun Life Insurance Branch Manager Salary 5 - 17 years exp. (145 salaries)	₹4.5 L/yr - ₹11.5 L/yr 63% more
Shriram Life Insurance Branch Manager Salary 6 - 16 years exp. (83 salaries)	₹2.2 L/yr - ₹9.5 L/yr 11% more	2 job openings
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Reliance General Insurance Branch Manager Salary 8 - 19 years exp. (63 salaries)	₹5.2 L/yr - ₹16 L/yr 81% more
Tata AIG Branch Manager Salary 7 - 14 years exp. (51 salaries)	₹5.9 L/yr - ₹11 L/yr 57% more
PNB MetLife Branch Manager Salary 5 - 18 years exp. (50 salaries)	₹6.6 L/yr - ₹12.8 L/yr 75% more
Iffco Tokio General Insurance Co. Branch Manager Salary 2 - 15 years exp. (33 salaries)	₹3.4 L/yr - ₹12 L/yr 27% more
SBI General Insurance Branch Manager Salary 7 - 12 years exp. (7 salaries)	₹6.5 L/yr - ₹10.5 L/yr 43% more
Canara HSBC Life Insurance Branch Manager Salary 7 - 17 years exp. (7 salaries)	₹7 L/yr - ₹12.5 L/yr 91% more
National Insurance Company Branch Manager Salary 8 - 9 years exp. (6 salaries)	₹11 L/yr - ₹15.1 L/yr 114% more

Branch Manager salary at MDIndia Health Insurance TPA ranges between ₹4.6 Lakhs to ₹7.6 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 9 latest salaries received from various employees of MDIndia Health Insurance TPA.

Latest annual salaries shared by MDIndia Health Insurance TPA Branch Manager

4w ago

₹7.6 Lakhs

9 years exp.

7mo ago

₹6.6 Lakhs

11 years exp.

1y ago

₹4.6 Lakhs

10 years exp.

1y ago

₹7 Lakhs

7 years exp.

1y ago

₹5.8 Lakhs

6 years exp.

1y ago

9 years exp.

1y ago

10 years exp.

1y ago

12 years exp.

1y ago

11 years exp.

Experience wise MDIndia Health Insurance TPA Branch Manager salaries

Last Updated: 12 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹7 L/yr
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8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
9 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹7.6 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹10.3 L/yr
11 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.6 L/yr
12 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.1 L/yr

View all

Similar Designation salaries in MDIndia Health Insurance TPA

Sales Manager Salary

(AmbitionBox Estimate)

₹10 L/yr - ₹12.8 L/yr

Branch Incharge Salary

(3 salaries)

₹2.5 L/yr - ₹3.6 L/yr

Branch Head Salary

(AmbitionBox Estimate)

₹9.2 L/yr - ₹11.7 L/yr

Deputy Manager Salary

(5 salaries)

₹4.45 L/yr - ₹7 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Operations Manager Salary

(10 salaries)

₹5 L/yr - ₹8.23 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Accountant Salary

(14 salaries)

₹2.2 L/yr - ₹4.85 L/yr

Top skills at MDIndia Health Insurance TPA for Branch Manager

RAID Branch Management NHibernate Protocols

Salary related reviews for MDIndia Health Insurance TPA

5.0

Rated by 3 employees for salary & benefits

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

Senior Executive in Pune

Full Time

Other Department

5.0

• posted on 21 Jun 2023

4.0

for Salary and Benefits

Likes

Work station Is Good. I have completed 5Years As medical billing and claim processing

Salary - Good

+5 more

Dislikes

Increment and promotion Are very poor. Joining salary is good but after that increment its very little approx 5%-10%.

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

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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 Branch Manager Salary FAQs

What is the salary of Branch Manager at MDIndia Health Insurance TPA ?

The average salary of a Branch Manager at MDIndia Health Insurance TPA in India typically ranges from ₹4.6 Lakhs to ₹7.6 Lakhs per year, depending on experience (from 6 years to 12 years).

The top 10% of Branch Manager at MDIndia Health Insurance TPA earn more than ₹7.3 Lakhs per year, and the top 1% earn over ₹7.6 Lakhs per year. Branch 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 9 MDIndia Health Insurance TPA employees in India.

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

The estimated take-home salary of a Branch Manager at MDIndia Health Insurance TPA in India typically ranges from ₹41,562 to ₹42,704 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹7.6 Lakhs per year for employees with experience ranging from 6 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 9 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 Branch Manager at MDIndia Health Insurance TPA ?

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

- RAID
- Branch Management
- NHibernate
- Protocols

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 Branch Manager in India?

Tata AIA Life Insurance	₹5.0 Lakhs to ₹17.7 Lakhs per year
ICICI Prudential Life Insurance	₹6.5 Lakhs to ₹18.8 Lakhs per year
National Insurance Company	₹11.0 Lakhs to ₹15.1 Lakhs per year
SBI Life Insurance Company	₹6.5 Lakhs to ₹15.7 Lakhs per year
Canara HSBC Life Insurance	₹7.0 Lakhs to ₹12.5 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 Branch Manager in companies similar to MDIndia Health Insurance TPA in India?

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

Reliance General Insurance	₹5.2 Lakhs to ₹16.0 Lakhs per year
PNB MetLife	₹6.6 Lakhs to ₹12.8 Lakhs per year
HDFC Life	₹5.3 Lakhs to ₹12.5 Lakhs per year
ICICI Lombard General Insurance Company	₹5.0 Lakhs to ₹13.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹4.5 Lakhs to ₹11.5 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 Branch Manager at MDIndia Health Insurance TPA in India?

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

Experience	Average Salary Range
6 years	₹1.9 Lakhs to ₹5.8 Lakhs per year
7 years	₹2.0 Lakhs to ₹7.0 Lakhs per year
8 years	₹4.7 Lakhs to ₹6.1 Lakhs per year
9 years	₹2.2 Lakhs to ₹7.6 Lakhs per year

and so on.

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MDIndia Health Insurance TPA Branch Manager Salaries

MDIndia Health Insurance TPA Branch Manager salary in India ranges between ₹4.6 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 MDIndia Health Insurance TPA latest salaries received from various employees of MDIndia Health Insurance TPA.