MDIndia Health Insurance TPA Claims Associate Salaries by 5 Employees

0 - 11 years exp.

₹1.5 Lakh - ₹2.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

43% less than the average Claims Associate Salary in Insurance Companies for 0 - 11 years of experience

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Last Updated: 12 Mar 2023

Companies similar to MDIndia Health Insurance TPA for Claims Associate

Company name	Avg Annual Salary	Open Jobs
Reliance General Insurance Claims Associate Salary 1 - 7 years exp. (21 salaries)	₹1.7 L/yr - ₹5.5 L/yr 51% more
Tata AIG Claims Associate Salary 0 - 7 years exp. (20 salaries)	₹1.8 L/yr - ₹3.3 L/yr 40% more
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Guardian India Claims Associate Salary 2 - 6 years exp. (16 salaries)	₹2.1 L/yr - ₹4.8 L/yr 126% more
ICICI Lombard General Insurance Company Claims Associate Salary 0 - 11 years exp. (13 salaries)	₹2 L/yr - ₹5.2 L/yr 132% more
MetLife Claims Associate Salary 0 - 5 years exp. (11 salaries)	₹3 L/yr - ₹4 L/yr 99% more
HDFC Life Claims Associate Salary 0 - 5 years exp. (9 salaries)	₹1.9 L/yr - ₹2.2 L/yr 8% more
ICICI Prudential Life Insurance Claims Associate Salary 0 - 4 years exp. (7 salaries)	₹2.7 L/yr - ₹4.5 L/yr 91% more
Allstate Claims Associate Salary 1 - 3 years exp. (7 salaries)	₹2.6 L/yr - ₹5.9 L/yr 89% more
Allianz Services Claims Associate Salary 1 - 5 years exp. (6 salaries)	₹2.8 L/yr - ₹3.8 L/yr 82% more
Iffco Tokio General Insurance Co. Claims Associate Salary 1 - 5 years exp. (5 salaries)	₹1.2 L/yr - ₹2.2 L/yr 14% more
Gallagher Claims Associate Salary 1 - 3 years exp. (4 salaries)	₹3 L/yr - ₹7.5 L/yr 143% more
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Aditya Birla Health Insurance Co Claims Associate Salary 2 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹3.7 L/yr 68% more
Allianz Claims Associate Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹4.5 L/yr 72% more
Star Health & Allied Insurance Claims Associate Salary 0 - 2 years exp. (3 salaries)	₹2.1 L/yr - ₹3 L/yr 41% more

Claims Associate salary at MDIndia Health Insurance TPA ranges between ₹1.5 Lakh to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 5 latest salaries received from various employees of MDIndia Health Insurance TPA.

Experience wise MDIndia Health Insurance TPA Claims Associate salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
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2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
6 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
7 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
9 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
10 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
11 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.4 L/yr

View all

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Salary related reviews for MDIndia Health Insurance TPA

4.9

Rated by 3 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

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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 Claims Associate Salary FAQs

What is the salary of Claims Associate at MDIndia Health Insurance TPA ?

The average salary of a Claims Associate at MDIndia Health Insurance TPA in India typically ranges from ₹1.5 Lakhs to ₹2.4 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Claims Associate at MDIndia Health Insurance TPA earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Claims Associate 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 Claims Associate at MDIndia Health Insurance TPA in India?

The estimated take-home salary of a Claims Associate at MDIndia Health Insurance TPA in India typically ranges from ₹12,663 to ₹14,029 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from Fresher to 11 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.

Which companies offer higher salaries than MDIndia Health Insurance TPA for Claims Associate in India?

Gallagher	₹3.0 Lakhs to ₹7.5 Lakhs per year
ICICI Lombard General Insurance Company	₹2.0 Lakhs to ₹5.2 Lakhs per year
Guardian India	₹2.1 Lakhs to ₹4.8 Lakhs per year
MetLife	₹3.0 Lakhs to ₹4.0 Lakhs per year
ICICI Prudential Life Insurance	₹2.7 Lakhs to ₹4.5 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 Claims Associate in companies similar to MDIndia Health Insurance TPA in India?

The salary of a Claims Associate 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:

Allstate	₹2.6 Lakhs to ₹5.9 Lakhs per year
Allianz Services	₹2.8 Lakhs to ₹3.8 Lakhs per year
Allianz	₹2.4 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Health Insurance Co	₹2.3 Lakhs to ₹3.7 Lakhs per year
Reliance General Insurance	₹1.7 Lakhs to ₹5.5 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 Claims Associate at MDIndia Health Insurance TPA in India?

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

Experience	Average Salary Range
Fresher	₹0.7 Lakhs to ₹2.0 Lakhs per year
1 year	₹0.7 Lakhs to ₹2.0 Lakhs per year
2 years	₹1.5 Lakhs to ₹2.0 Lakhs per year
3 years	₹1.6 Lakhs to ₹2.1 Lakhs per year

and so on.

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MDIndia Health Insurance TPA Claims Associate Salaries

MDIndia Health Insurance TPA Claims Associate salary in India ranges between ₹1.5 Lakh to ₹2.4 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 Claims Associate salaries in India

Companies similar to MDIndia Health Insurance TPA for Claims Associate

Latest annual salaries shared by MDIndia Health Insurance TPA Claims Associate

Experience wise MDIndia Health Insurance TPA Claims Associate salaries

Similar Designation salaries in MDIndia Health Insurance TPA

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 Claims Associate Salary FAQs

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