MDIndia Health Insurance TPA Process Associate Salaries by 3 Employees

1 - 2 years exp.

₹1.9 Lakh - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

13% less than the average Process Associate Salary in Insurance Companies for 1 - 2 years of experience

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Last Updated: 15 Mar 2023

Companies similar to MDIndia Health Insurance TPA for Process Associate

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First American Corporation Process Associate Salary 0 - 6 years exp. (1.7k salaries)	₹1 L/yr - ₹4.5 L/yr 3% less	3 job openings
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First American Title Process Associate Salary 1 - 3 years exp. (189 salaries)	₹1.5 L/yr - ₹4 L/yr 3% less
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Shriram Life Insurance Process Associate Salary 0 - 5 years exp. (10 salaries)	₹1.5 L/yr - ₹2.5 L/yr 27% less
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Tata AIG Process Associate Salary 0 - 3 years exp. (10 salaries)	₹1.4 L/yr - ₹3 L/yr 24% less
ICICI Lombard General Insurance Company Process Associate Salary 0 - 6 years exp. (9 salaries)	₹2.2 L/yr - ₹3 L/yr 9% less
Allianz Process Associate Salary 2 - 8 years exp. (6 salaries)	₹3.5 L/yr - ₹4.2 L/yr 40% more
Canara HSBC Life Insurance Process Associate Salary 0 - 8 years exp. (5 salaries)	₹2.3 L/yr - ₹3.6 L/yr 1% less
Aditya Birla Sun Life Insurance Process Associate Salary 1 - 4 years exp. (5 salaries)	₹2.6 L/yr - ₹4.7 L/yr 29% more
Bajaj Allianz Life Insurance Process Associate Salary 4 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹3.2 L/yr 14% less
AXA Process Associate Salary 0 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 29% more
Reliance General Insurance Process Associate Salary 0 - 3 years exp. (4 salaries)	₹1.1 L/yr - ₹3.2 L/yr 10% less
Star Health & Allied Insurance Process Associate Salary 0 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr 7% less

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Process Associate salary at MDIndia Health Insurance TPA ranges between ₹1.9 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 3 latest salaries received from various employees of MDIndia Health Insurance TPA.

Experience wise MDIndia Health Insurance TPA Process Associate salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

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Salary related reviews for MDIndia Health Insurance TPA

4.0

Rated by 1 employees for salary & benefits

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

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 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 Process Associate Salary FAQs

How the salary growth look like for a Process Associate at MDIndia Health Insurance TPA in India?

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

Experience	Average Salary Range
1 year	₹2.6 Lakhs to ₹3.4 Lakhs per year
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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MDIndia Health Insurance TPA Process Associate Salaries

MDIndia Health Insurance TPA Process Associate salary in India ranges between ₹1.9 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 MDIndia Health Insurance TPA latest salaries received from various employees of MDIndia Health Insurance TPA.