MDIndia Health Insurance TPA SME Salaries by 10+ Employees

1 - 6 years exp.

₹1 Lakh - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

76% less than the average SME Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations SME Salary 1 - 4 years exp. (5 salaries)	₹1.2 L/yr - ₹2 L/yr
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Sales & Business Development SME Salary 4 years exp. (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr

Last Updated: 16 Mar 2023

Companies similar to MDIndia Health Insurance TPA for SME

Company name	Avg Annual Salary	Open Jobs
First American Corporation SME Salary 4 - 11 years exp. (188 salaries)	₹2.4 L/yr - ₹8 L/yr 244% more
MetLife SME Salary 3 - 9 years exp. (54 salaries)	₹3.1 L/yr - ₹6.2 L/yr 217% more
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First American Title SME Salary 5 - 11 years exp. (20 salaries)	₹3.2 L/yr - ₹6.5 L/yr 221% more
Gallagher SME Salary 4 - 7 years exp. (10 salaries)	₹3.8 L/yr - ₹7.5 L/yr 257% more
ICICI Lombard General Insurance Company SME Salary 2 - 5 years exp. (7 salaries)	₹2.2 L/yr - ₹3.3 L/yr 111% more
Guardian India SME Salary 4 - 6 years exp. (7 salaries)	₹2.8 L/yr - ₹6.5 L/yr 191% more
Allstate SME Salary 3 - 10 years exp. (6 salaries)	₹5.6 L/yr - ₹7.5 L/yr 389% more
Allianz Services SME Salary 6 - 13 years exp. (6 salaries)	₹4.9 L/yr - ₹10 L/yr 398% more
Tata AIG SME Salary 0 - 5 years exp. (5 salaries)	₹2.5 L/yr - ₹3.6 L/yr 116% more
Bajaj Allianz Life Insurance SME Salary 0 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3.6 L/yr 119% more
Allianz SME Salary 3 - 9 years exp. (4 salaries)	₹3.7 L/yr - ₹5.6 L/yr 229% more
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HDFC Life SME Salary 7 - 8 years exp. (3 salaries)	₹3 L/yr - ₹3.1 L/yr 114% more

SME salary at MDIndia Health Insurance TPA ranges between ₹1 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 14 latest salaries received from various employees of MDIndia Health Insurance TPA.

Latest annual salaries shared by MDIndia Health Insurance TPA SME

1y ago

₹1.2 Lakh

6 years exp.

1y ago

₹1.7 Lakh

4 years exp.

1y ago

₹1.2 Lakh

1 year exp.

1y ago

₹1.4 Lakh

2 years exp.

1y ago

₹1 Lakh

3 years exp.

1y ago

1 year exp.

1y ago

3 years exp.

1y ago

5 years exp.

1y ago

4 years exp.

1y ago

4 years exp.

Experience wise MDIndia Health Insurance TPA SME salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (4 salaries)	₹1.2 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
4 years (4 salaries)	₹0.6 L/yr - ₹1.7 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.6 L/yr
6 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.5 L/yr

View all

Similar Designation salaries in MDIndia Health Insurance TPA

Back Office Executive Salary

(146 salaries)

₹0.85 L/yr - ₹3 L/yr

Group Leader Salary

(63 salaries)

₹1.35 L/yr - ₹5.2 L/yr

Customer Care Executive Salary

(46 salaries)

₹0.7 L/yr - ₹2.4 L/yr

Claims Executive Salary

(43 salaries)

₹0.85 L/yr - ₹4.5 L/yr

Operations Executive Salary

(33 salaries)

₹1 L/yr - ₹3.5 L/yr

District Coordinator Salary

(32 salaries)

₹1.2 L/yr - ₹4 L/yr

Team Lead Salary

(25 salaries)

₹1.1 L/yr - ₹4.9 L/yr

MIS Executive Salary

(23 salaries)

₹1.05 L/yr - ₹3 L/yr

Claim Processing Executive Salary

(22 salaries)

₹1.8 L/yr - ₹4 L/yr

Data Entry Operator Salary

(21 salaries)

₹1 L/yr - ₹2.04 L/yr

Salary related reviews for MDIndia Health Insurance TPA

3.2

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.

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

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

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 SME Salary FAQs

What is the salary of SME at MDIndia Health Insurance TPA ?

The average salary of a SME at MDIndia Health Insurance TPA in India typically ranges from ₹1.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of SME at MDIndia Health Insurance TPA earn more than ₹2.1 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. SME 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 10+ MDIndia Health Insurance TPA employees in India.

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

The estimated take-home salary of a SME at MDIndia Health Insurance TPA in India typically ranges from ₹9,588 to ₹10,632 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 10+ 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 SME in India?

Allianz Services	₹4.9 Lakhs to ₹10.0 Lakhs per year
Allstate	₹5.6 Lakhs to ₹7.5 Lakhs per year
Gallagher	₹3.8 Lakhs to ₹7.5 Lakhs per year
First American Corporation	₹2.4 Lakhs to ₹8.0 Lakhs per year
Allianz	₹3.7 Lakhs to ₹5.6 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 SME in companies similar to MDIndia Health Insurance TPA in India?

The salary of a SME 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:

First American Title	₹3.2 Lakhs to ₹6.5 Lakhs per year
MetLife	₹3.1 Lakhs to ₹6.2 Lakhs per year
Guardian India	₹2.8 Lakhs to ₹6.5 Lakhs per year
Bajaj Allianz Life Insurance	₹2.5 Lakhs to ₹3.6 Lakhs per year
Tata AIG	₹2.5 Lakhs to ₹3.6 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 SME at MDIndia Health Insurance TPA in India?

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

Experience	Average Salary Range
1 year	₹1.2 Lakhs to ₹3.0 Lakhs per year
2 years	₹1.3 Lakhs to ₹1.7 Lakhs per year
3 years	₹1.3 Lakhs to ₹1.7 Lakhs per year
4 years	₹0.6 Lakhs to ₹1.7 Lakhs per year

and so on.

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MDIndia Health Insurance TPA SME Salaries

MDIndia Health Insurance TPA SME salary in India ranges between ₹1 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 MDIndia Health Insurance TPA latest salaries received from various employees of MDIndia Health Insurance TPA.