Munich Re Administration Assistant Salaries by 4 Employees

2 - 6 years exp.

₹2.5 Lakhs - ₹4.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

18% less than the average Administration Assistant Salary in Financial Services Companies for 2 - 6 years of experience

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Last Updated: 6 Feb 2024

Companies similar to Munich Re for Administration Assistant

Company name	Avg Annual Salary	Open Jobs
Bodal Chemicals Administration Assistant Salary 2 - 5 years exp. (4 salaries)	₹1.4 L/yr - ₹2.1 L/yr 46% less
Ups Logistics Administration Assistant Salary 0 - 7 years exp. (104 salaries)	₹2.8 L/yr - ₹5.3 L/yr 29% more	7 job openings
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Shapoorji Pallonji Group Administration Assistant Salary 1 - 9 years exp. (81 salaries)	₹2 L/yr - ₹4.3 L/yr 10% less
Torrent Power Administration Assistant Salary 1 - 8 years exp. (67 salaries)	₹1.7 L/yr - ₹3.6 L/yr 19% less
TCS Administration Assistant Salary 0 - 8 years exp. (56 salaries)	₹1.5 L/yr - ₹5.5 L/yr 20% less

Administration Assistant salary at Munich Re ranges between ₹2.5 Lakhs to ₹4.3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Munich Re.

Experience wise Munich Re Administration Assistant salaries

Last Updated: 6 Feb 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr

Similar Designation salaries in Munich Re

Administration Executive Salary

(3 salaries)

₹4.8 L/yr - ₹7.2 L/yr

Executive Assistant Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Accountant Salary

(3 salaries)

₹3 L/yr - ₹3.3 L/yr

Office Administrator Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.3 L/yr

Salary related reviews for Munich Re

Data Science Intern in The Capital, BKC, Mumbai

Intern

Data Science & Analytics Department

5.0

• posted on 18 May 2022

5.0

for Salary and Benefits

Likes

The exposure and appreciation one can get here is tremendous. If you want to learn and grow this is one of the best organisations that comes with really good culture, complete work and personal life balance lastly with highly supportive, energy packed and cheerful managers and colleagues.

Salary - Excellent

+6 more

Dislikes

I am working here since last 5 months and I personally didn't find anything that to say about what dislike. Even colleagues from my department and other departments would also talk same. But again this experience may vary person to person.

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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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Munich Re Administration Assistant Salary FAQs

What is the salary of Administration Assistant at Munich Re ?

The average salary of a Administration Assistant at Munich Re in India typically ranges from ₹2.5 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Administration Assistant at Munich Re earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Administration Assistant Salaries at Munich Re 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 Munich Re employees in India.

What is the estimated take home salary of a Administration Assistant at Munich Re in India?

The estimated take-home salary of a Administration Assistant at Munich Re in India typically ranges from ₹23,707 to ₹25,165 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 2 years 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 4 salaries received from various employees of Munich Re. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Munich Re for Administration Assistant in India?

Ups Logistics

₹2.8 Lakhs to ₹5.3 Lakhs per year

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

What is the salary of a Administration Assistant in companies similar to Munich Re in India?

The salary of a Administration Assistant at companies similar to Munich Re in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shapoorji Pallonji Group	₹2.0 Lakhs to ₹4.3 Lakhs per year
Torrent Power	₹1.7 Lakhs to ₹3.6 Lakhs per year
TCS	₹1.5 Lakhs to ₹5.5 Lakhs per year
Bodal Chemicals	₹1.4 Lakhs to ₹2.1 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 Administration Assistant at Munich Re in India?

The salary growth for a Administration Assistant at Munich Re depends on factors such as experience, performance, and promotions. On average, a Administration Assistant can expect the following growth trajectory at Munich Re:

Experience	Average Salary Range
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
6 years	₹3.9 Lakhs to ₹4.9 Lakhs per year

and so on.

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Munich Re Administration Assistant Salaries

Munich Re Administration Assistant salary in India ranges between ₹2.5 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Munich Re latest salaries received from various employees of Munich Re.