Medsave Healthcare TPA Assistant Vice President Salaries by 4 Employees

12 - 14 years exp.

₹10.9 Lakhs - ₹13.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

63% less than the average Assistant Vice President Salary in Insurance Companies for 12 - 14 years of experience

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Salaries in different departments

Project & Program Management Assistant Vice President Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹11.2 L/yr - ₹13.5 L/yr
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Healthcare & Life Sciences Assistant Vice President Salary 12 - 14 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹12 L/yr

Last Updated: 17 Dec 2023

Companies similar to Medsave Healthcare TPA for Assistant Vice President

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Assistant Vice President Salary 14 - 25 years exp. (53 salaries)	₹19.2 L/yr - ₹51 L/yr 203% more	5 job openings
Canara HSBC Life Insurance Assistant Vice President Salary 12 - 20 years exp. (42 salaries)	₹17 L/yr - ₹40 L/yr 150% more	1 job opening
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Future Generali India Life Insurance Assistant Vice President Salary 11 - 22 years exp. (34 salaries)	₹16.2 L/yr - ₹30 L/yr 104% more	2 job openings
Medi Assist India Assistant Vice President Salary 10 - 21 years exp. (22 salaries)	₹15.8 L/yr - ₹33 L/yr 114% more
Prudent Insurance Brokers Assistant Vice President Salary 10 - 20 years exp. (21 salaries)	₹15.9 L/yr - ₹35.1 L/yr 105% more
Niva Bupa Health Insurance Company Assistant Vice President Salary 15 - 20 years exp. (20 salaries)	₹18 L/yr - ₹30.2 L/yr 134% more
Reliance General Insurance Assistant Vice President Salary 15 - 19 years exp. (19 salaries)	₹13.7 L/yr - ₹38 L/yr 105% more
Tata AIG Assistant Vice President Salary 9 - 17 years exp. (11 salaries)	₹15 L/yr - ₹40 L/yr 136% more
Aditya Birla Health Insurance Co Assistant Vice President Salary 8 - 20 years exp. (10 salaries)	₹32.5 L/yr - ₹59 L/yr 264% more
Star Health & Allied Insurance Assistant Vice President Salary 6 - 22 years exp. (10 salaries)	₹26.6 L/yr - ₹50 L/yr 219% more
Aditya Birla Sun Life Insurance Assistant Vice President Salary 10 - 20 years exp. (7 salaries)	₹40 L/yr - ₹56 L/yr 276% more
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SBI Life Insurance Company Assistant Vice President Salary 13 - 21 years exp. (7 salaries)	₹17 L/yr - ₹22.5 L/yr 69% more
Gallagher Assistant Vice President Salary 9 - 16 years exp. (6 salaries)	₹20 L/yr - ₹26 L/yr 112% more
Bharti AXA Life Insurance Assistant Vice President Salary 9 - 16 years exp. (6 salaries)	₹25 L/yr - ₹37 L/yr 172% more
Reliance Nippon Life Insurance Assistant Vice President Salary 5 - 20 years exp. (5 salaries)	₹14 L/yr - ₹31 L/yr 90% more
First American Corporation Assistant Vice President Salary 20 - 23 years exp. (4 salaries)	₹94 L/yr - ₹98 L/yr 774% more
Bajaj Allianz Life Insurance Assistant Vice President Salary 9 - 14 years exp. (3 salaries)	₹39.3 L/yr - ₹50 L/yr 298% more
AXA Business Services Assistant Vice President Salary 13 - 16 years exp. (3 salaries)	₹30 L/yr - ₹65 L/yr 311% more

Assistant Vice President salary at Medsave Healthcare TPA ranges between ₹10.9 Lakhs to ₹13.5 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Medsave Healthcare TPA.

Experience wise Medsave Healthcare TPA Assistant Vice President salaries

Last Updated: 17 Dec 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
13 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
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14 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.6 L/yr

Similar Designation salaries in Medsave Healthcare TPA

Software Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Team Lead Salary

(4 salaries)

₹1.5 L/yr - ₹7.2 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Salary related reviews for Medsave Healthcare TPA

Branch Incharge in New Delhi

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 21 Mar 2025

1.0

for Salary and Benefits

Likes

I don't like anything.

Dislikes

... sent. Senior management doesn’t care about what hardships employees are facing. No business means no salary—that’s their approach.

Salary - Bad

+5 more

Senior Medical Officer in Near Saket Metro Station

Full Time

Other Department

1.0

• posted on 28 Apr 2023

1.0

for Salary and Benefits

Likes

There is nothing to like about that company, worst company I have ever worked in my entire life, do not work here

Dislikes

Salary never on time, in difficult times of covid they deduced half month salary for 3 months, shameless people, they will keep your salary for 3 months and after so many mails and calls, they will give u 1 month salary. Work life balance is zero, I would highly recommend not to work in this pathetic company

Salary - Bad

+6 more

Executive/ Sr Executive - Administration in Meerut

Operations executive Department

1.0

• posted on 03 Apr 2021

1.0

for Salary and Benefits

Likes

Dear All, From the company's Whole time Director to the HR team, no one can be trusted to speak. Moreover, there is no value of the offer letter of this company. And no matter how many days the job will last, if someone hires for one month, then only for two months. According to my experience, do not even think about dreaming for a job in this company.

Dislikes

...though it is corporate, it is different from corporate or it is not said at all. The second salary company presses one month on the twenty-fifth date of the next month.

Salary - Bad

+6 more

Country Head in New Delhi

Fraud Control Unit Department

1.0

• posted on 19 Apr 2022

1.0

for Salary and Benefits

Likes

The team understands & listens to directions & acts on it

Job security - Good

Dislikes

Salary is delayed regularly by a minimum of 2 months. Unwarranted salary deductions. No training & development. Dirty politics. And many many more reasons to not work here ... it's better to stay jobless than working with Medsave.

Salary - Bad

+5 more

Wellness Manager in New Delhi

Wellness Department

1.0

• posted on 19 Apr 2022

1.0

for Salary and Benefits

Likes

Nothing but yes all managements are greedy and literally unconscious about working.

Dislikes

Delayed salary by 2-3 months or no full and final There is unnecessary pressure They are not even paying the service provider after taking paid services on credit. Management use to give increment to their favorite employees aka chamchas..., oh sorry no increment for professionals They delayed my salary by 3-4 months and then i resigned, so total of 5 months salary is pending with them and still waiting for Full and Final but not responding on mail, call, msgs and even physical visits. Please don't work here. Better to stay at home and wait for good opening in an established co.

Salary - Bad

+6 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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Medsave Healthcare TPA Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Medsave Healthcare TPA ?

The average salary of a Assistant Vice President at Medsave Healthcare TPA in India typically ranges from ₹10.9 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 12 years to 14 years).

The top 10% of Assistant Vice President at Medsave Healthcare TPA earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Assistant Vice President Salaries at Medsave Healthcare 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 4 Medsave Healthcare TPA employees in India.

What is the estimated take home salary of a Assistant Vice President at Medsave Healthcare TPA in India?

The estimated take-home salary of a Assistant Vice President at Medsave Healthcare TPA in India typically ranges from ₹78,467 to ₹80,507 per month. This is based on the average salary range of ₹10.9 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 12 years to 14 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 4 salaries received from various employees of Medsave Healthcare TPA. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Medsave Healthcare TPA for Assistant Vice President in India?

First American Corporation	₹94.0 Lakhs to ₹98.0 Lakhs per year
AXA Business Services	₹30.0 Lakhs to ₹65.0 Lakhs per year
Bajaj Allianz Life Insurance	₹39.3 Lakhs to ₹50.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹40.0 Lakhs to ₹56.0 Lakhs per year
Aditya Birla Health Insurance Co	₹32.5 Lakhs to ₹59.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Medsave Healthcare TPA, depending on the role and experience level.

What is the salary of a Assistant Vice President in companies similar to Medsave Healthcare TPA in India?

The salary of a Assistant Vice President at companies similar to Medsave Healthcare TPA in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance	₹26.6 Lakhs to ₹50.0 Lakhs per year
Tata AIA Life Insurance	₹19.2 Lakhs to ₹51.0 Lakhs per year
Bharti AXA Life Insurance	₹25.0 Lakhs to ₹37.0 Lakhs per year
Canara HSBC Life Insurance	₹17.0 Lakhs to ₹40.0 Lakhs per year
Tata AIG	₹15.0 Lakhs to ₹40.0 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 Assistant Vice President at Medsave Healthcare TPA in India?

The salary growth for a Assistant Vice President at Medsave Healthcare TPA depends on factors such as experience, performance, and promotions. On average, a Assistant Vice President can expect the following growth trajectory at Medsave Healthcare TPA:

Experience	Average Salary Range
12 years	₹9.9 Lakhs to ₹12.6 Lakhs per year
13 years	₹9.9 Lakhs to ₹12.6 Lakhs per year
14 years	₹9.8 Lakhs to ₹12.6 Lakhs per year

and so on.

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Medsave Healthcare TPA Assistant Vice President Salaries

Medsave Healthcare TPA Assistant Vice President salary in India ranges between ₹10.9 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Medsave Healthcare TPA latest salaries received from various employees of Medsave Healthcare TPA.