MDIndia Health Insurance TPA Mumbai Manager Salaries by 7 Employees

9 - 12 years exp.

₹4.1 Lakhs - ₹7 Lakhs

Avg. annual salary

Monthly In-hand Salary

64% less than the average Manager Salary in Insurance Companies for 9 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Customer Success, Service & Operations Manager Salary 10 - 11 years exp. (3 salaries)	₹4.5 L/yr - ₹7 L/yr
Data Science & Analytics Manager Salary 9 - 12 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.6 L/yr
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Healthcare & Life Sciences Manager Salary 10 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹6.5 L/yr

Last Updated: 14 Aug 2024

Companies similar to MDIndia Health Insurance TPA for Manager in Mumbai

MDIndia Health Insurance TPA Manager Salary

9 - 12 years exp. (7 salaries)

₹4.1 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Manager Salary 2 - 16 years exp. (281 salaries)	₹5.9 L/yr - ₹16 L/yr 64% more	2 job openings
Tata AIG Manager Salary 1 - 11 years exp. (217 salaries)	₹3.8 L/yr - ₹11 L/yr 17% more	5 job openings
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ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (182 salaries)	₹4 L/yr - ₹14 L/yr 38% more
Tata AIA Life Insurance Manager Salary 3 - 18 years exp. (153 salaries)	₹7.5 L/yr - ₹29.1 L/yr 188% more	2 job openings
SBI Life Insurance Company Manager Salary 3 - 20 years exp. (149 salaries)	₹5.5 L/yr - ₹17 L/yr 88% more
Aditya Birla Health Insurance Co Manager Salary 1 - 12 years exp. (135 salaries)	₹5 L/yr - ₹17 L/yr 75% more
ICICI Lombard General Insurance Company Manager Salary 2 - 14 years exp. (112 salaries)	₹4 L/yr - ₹12.2 L/yr 21% more
Aditya Birla Sun Life Insurance Manager Salary 0 - 12 years exp. (110 salaries)	₹5 L/yr - ₹18 L/yr 91% more
Reliance General Insurance Manager Salary 2 - 16 years exp. (74 salaries)	₹5 L/yr - ₹14.6 L/yr 40% more
Reliance Nippon Life Insurance Manager Salary 2 - 18 years exp. (65 salaries)	₹3.2 L/yr - ₹11.8 L/yr 21% more
Bajaj Allianz Life Insurance Manager Salary 3 - 18 years exp. (40 salaries)	₹8.5 L/yr - ₹18.5 L/yr 124% more
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SBI General Insurance Manager Salary 1 - 11 years exp. (36 salaries)	₹6.5 L/yr - ₹15 L/yr 57% more
PNB MetLife Manager Salary 7 - 17 years exp. (35 salaries)	₹4.7 L/yr - ₹15.5 L/yr 92% more
Iffco Tokio General Insurance Co. Manager Salary 4 - 17 years exp. (15 salaries)	₹6.4 L/yr - ₹15 L/yr 70% more
Canara HSBC Life Insurance Manager Salary 7 - 14 years exp. (9 salaries)	₹10 L/yr - ₹16.1 L/yr 132% more
Marsh Manager Salary 3 - 11 years exp. (6 salaries)	₹8 L/yr - ₹25 L/yr 140% more
Star Health & Allied Insurance Manager Salary 1 - 12 years exp. (4 salaries)	₹3.2 L/yr - ₹10.8 L/yr 18% more
Gallagher Manager Salary 8 - 13 years exp. (3 salaries)	₹12 L/yr - ₹14 L/yr 121% more

Manager salary at MDIndia Health Insurance TPA ranges between ₹4.1 Lakhs to ₹7 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 7 latest salaries received from various employees of MDIndia Health Insurance TPA.

Experience wise MDIndia Health Insurance TPA Manager salaries in Mumbai

Last Updated: 14 Aug 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
12 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr

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 Manager

Insurance TPA Communication Skills Operations Mediclaim

Salary related reviews for MDIndia Health Insurance TPA

1.0

Rated by 1 employees for salary & benefits

Manager in Mumbai

Other Department

1.0

• posted on 18 Oct 2018

1.0

for Salary and Benefits

Likes

...name was Saba I think..trust me been trapped by naukri..I joined this company ..n later on came to know that this company don't give salary ..I fought for that for two months..bounced Cheque and lot more..guys don't ever trust naukri and other agency..go only reputed company please ..I have suffered a lot and don't want you to suffer..u naukri stop mailing me now...got it...fake people

Dislikes

...le joining everything seems to be good..after investing your own money and all..later on they don't give salary...you will get Cheque but the account is blank..this company exists in naukri.com only but in reality there is no website no tv shopping channel

Salary - Bad

+6 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

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%.

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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MDIndia Health Insurance TPA Manager Salary FAQs

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

The average salary of a Manager at MDIndia Health Insurance TPA in Mumbai typically ranges from ₹4.1 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 9 years to 12 years).

The top 10% of Manager in Mumbai at MDIndia Health Insurance TPA earn more than ₹6.9 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. 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 7 MDIndia Health Insurance TPA employees in India.

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

The estimated take-home salary of a Manager at MDIndia Health Insurance TPA in Mumbai typically ranges from ₹44,728 to ₹45,823 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 9 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 7 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 Manager at MDIndia Health Insurance TPA in Mumbai?

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

- Insurance
- TPA
- Communication Skills
- Operations
- Mediclaim

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 Manager in India?

Tata AIA Life Insurance	₹7.5 Lakhs to ₹29.1 Lakhs per year
Marsh	₹8.0 Lakhs to ₹25.0 Lakhs per year
Canara HSBC Life Insurance	₹10.0 Lakhs to ₹16.1 Lakhs per year
Bajaj Allianz Life Insurance	₹8.5 Lakhs to ₹18.5 Lakhs per year
Gallagher	₹12.0 Lakhs to ₹14.0 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 Manager in companies similar to MDIndia Health Insurance TPA in Mumbai?

The salary of a 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:

PNB MetLife	₹4.7 Lakhs to ₹15.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹5.0 Lakhs to ₹18.0 Lakhs per year
SBI Life Insurance Company	₹5.5 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Health Insurance Co	₹5.0 Lakhs to ₹17.0 Lakhs per year
Iffco Tokio General Insurance Co.	₹6.4 Lakhs to ₹15.0 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 Manager at MDIndia Health Insurance TPA in Mumbai?

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

Experience	Average Salary Range
9 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
10 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
11 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
12 years	₹5.5 Lakhs to ₹7.0 Lakhs per year

and so on.

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MDIndia Health Insurance TPA Manager Salaries in Mumbai

MDIndia Health Insurance TPA Manager salary in Mumbai ranges between ₹4.1 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 MDIndia Health Insurance TPA latest salaries received from various employees of MDIndia Health Insurance TPA.