Nova Benefits Assistant Vice President Salaries by 5 Employees (Updated 2025)

5 - 12 years exp.

₹15 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Assistant Vice President Salary in Insurance Companies for 5 - 12 years of experience

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Salaries in different departments

Sales & Business Development Assistant Vice President Salary 5 - 6 years exp. (3 salaries)	₹17.5 L/yr - ₹18 L/yr
BFSI, Investments & Trading Assistant Vice President Salary 12 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹18.7 L/yr
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Customer Success, Service & Operations Assistant Vice President Salary 12 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr

Last Updated: 1 Mar 2025

Companies similar to Nova Benefits for Assistant Vice President

Company name	Avg Annual Salary	Open Jobs
Niva Bupa Health Insurance Company Assistant Vice President Salary 14 - 20 years exp. (21 salaries)	₹17 L/yr - ₹30.2 L/yr 44% more
Star Health & Allied Insurance Assistant Vice President Salary 4 - 22 years exp. (12 salaries)	₹22 L/yr - ₹50 L/yr 102% more
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ICICI Lombard General Insurance Company Assistant Vice President Salary 10 - 21 years exp. (14 salaries)	₹14.2 L/yr - ₹31 L/yr 33% more
HDFC Ergo General Insurance Assistant Vice President Salary 10 - 20 years exp. (214 salaries)	₹9.6 L/yr - ₹35 L/yr 20% more
Prudent Insurance Brokers Assistant Vice President Salary 10 - 20 years exp. (20 salaries)	₹15.9 L/yr - ₹35.1 L/yr 29% more
Robinhood Insurance Broker Assistant Vice President Salary 15 - 18 years exp. (4 salaries)	₹15.6 L/yr - ₹20.5 L/yr 6% more
Medsave Healthcare TPA Assistant Vice President Salary 12 - 14 years exp. (4 salaries)	₹10.9 L/yr - ₹13.5 L/yr 36% less
Health India Tpa Services Assistant Vice President Salary 12 - 17 years exp. (4 salaries)	₹12 L/yr - ₹15 L/yr 22% less
Digit Insurance Assistant Vice President Salary 8 - 18 years exp. (4 salaries)	₹20 L/yr - ₹30 L/yr 44% more

Assistant Vice President salary at Nova Benefits ranges between ₹15 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Nova Benefits.

Experience wise Nova Benefits Assistant Vice President salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹18 L/yr - ₹18 L/yr
6 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹18 L/yr
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7 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
8 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
9 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
10 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19.1 L/yr
11 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.7 L/yr
12 years (AmbitionBox Estimate)	₹15 L/yr - ₹17 L/yr

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Similar Designation salaries in Nova Benefits

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹23.4 L/yr - ₹29.9 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹53.2 L/yr - ₹58.8 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Salary related reviews for Nova Benefits

General Manager in New Delhi

Full Time

Sales & Business Development Department

5.0

• posted on 11 Aug 2024

5.0

for Salary and Benefits

Likes

Excellent exposure and avenues to learn. No micromanagement and one has the liberty to experiment with ideas.

Salary - Excellent

+6 more

Dislikes

HR team seems to be carried away and often seems working as founder’s office staff than being HRs. Identification of unique strengths of people and utilising them in the right direction is something that’s been hugely missed out.

Executive Accountant in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 11 Oct 2023

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Hire and fire policy, hardly any time to find your footing as an employee. Employees are treated like furniture that can be thrown out whenever management decides. Ruined the career of many employees due to the short tenure which is listed on the CVs

Salary - Poor

+6 more

Functional Lead (working remotely)

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 16 Oct 2023

4.0

for Salary and Benefits

Likes

1. Problems in the company are discussed openly and transparently to arrive at solutions 2. Company is people centric and makes the effort to take care of the team in different ways 3. Working towards building a sustainable and growing business

Salary - Good

+6 more

Dislikes

Nothing

Demand Generation Associate in Bangalore / Bengaluru

Growth Department

4.0

• posted on 26 Oct 2022

4.0

for Salary and Benefits

Likes

Nova Benefits has an excellent work culture and a very positive environment to work on. I started out as an Intern and have been converted to a full-timer. In the six months of being associated with the company, I've learnt a great deal. The amount of learnings one can have is immeasurable. One can don a lot of caps and earn immense insights from it. The work timings are quite flexible and the perks that are offered are great!

Salary - Good

+4 more

Dislikes

There are no genuine dislikes about the company, except for the fact that some days, one may need to stretch longer than usual

Job security - Poor

Associate Director - Product in Koramangala, Maharaja Signal

Product Development Department

5.0

• posted on 31 Oct 2022

4.0

for Salary and Benefits

Likes

Nova runs on strong culture with the first principles of thinking in every decision made, this is a place to be if you are looking for a very structured and encouraging way to learn, grow and uplift your career. This is a place where it's truly employees first, all employees' feedback is taken very seriously and the team is very proactive in executing these suggestions. As an example, every employee is given 2 days off every 45 days to take care of their well-being. Nova is a place where you will always feel at home.

Salary - Good

+6 more

Dislikes

None to be in specific, given it's a startup you have to carry lot of enthusiasm to learn and go little beyond your comfort zone.

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Nova Benefits Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Nova Benefits?

Assistant Vice President salary at Nova Benefits in India ranges between ₹15.0 Lakhs to ₹18.0 Lakhs for experience between 5 years to 12 years. According to our estimates it is 42% less than the average Assistant Vice President Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Nova Benefits India.

How does the salary of a Assistant Vice President at Nova Benefits India compare with the average salary range for this job?

The average salary of a Assistant Vice President at Nova Benefits is 42% less than the average salary of a Assistant Vice President in India. To know exact salary insights, login to view.

Which similar companies are paying more than Nova Benefits to a Assistant Vice President in India?

Star Health & Allied Insurance Assistant Vice President Salary - ₹22.0 Lakhs to ₹50.0 Lakhs per year
Niva Bupa Health Insurance Company Assistant Vice President Salary - ₹17.0 Lakhs to ₹30.2 Lakhs per year
Digit Insurance Assistant Vice President Salary - ₹20.0 Lakhs to ₹30.0 Lakhs per year
ICICI Lombard General Insurance Company Assistant Vice President Salary - ₹14.2 Lakhs to ₹31.0 Lakhs per year
Prudent Insurance Brokers Assistant Vice President Salary - ₹15.9 Lakhs to ₹35.1 Lakhs per year

What is the salary of a Assistant Vice President in companies similar to Nova Benefits in India?

HDFC Ergo General Insurance Assistant Vice President Salary - ₹9.6 Lakhs to ₹35.0 Lakhs per year
Robinhood Insurance Broker Assistant Vice President Salary - ₹15.6 Lakhs to ₹20.5 Lakhs per year
Health India Tpa Services Assistant Vice President Salary - ₹12.0 Lakhs to ₹15.0 Lakhs per year
Medsave Healthcare TPA Assistant Vice President Salary - ₹10.9 Lakhs to ₹13.5 Lakhs per year

What is the estimated take home salary of a Assistant Vice President at Nova Benefits in India?

The estimated take-home salary of a Assistant Vice President at Nova Benefits ranges between ₹1,15,515 per month to ₹1,18,738 per month in India. The take-home salary calculation is based on the average Nova Benefits Assistant Vice President salary in India which ranges between ₹15.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Assistant Vice President at Nova Benefits?

According to AmbitionBox, 50% of the Nova Benefits Assistant Vice Presidents reported a notice period of 2 Months, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Nova Benefits Assistant Vice President Salaries

Nova Benefits Assistant Vice President salary in India ranges between ₹15 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Nova Benefits latest salaries received from various employees of Nova Benefits.