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

5 - 12 years exp.

₹15 Lakhs - ₹18 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

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
Prudent Insurance Brokers Assistant Vice President Salary 10 - 20 years exp. (21 salaries)	₹15.9 L/yr - ₹35.1 L/yr 32% more
Robinhood Insurance Broker Assistant Vice President Salary 15 - 18 years exp. (4 salaries)	₹15.6 L/yr - ₹20.5 L/yr 6% more
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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
Citicorp Assistant Vice President Salary 5 - 20 years exp. (4.8k salaries)	₹17 L/yr - ₹48.5 L/yr 105% 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

View all

Similar Designation salaries in Nova Benefits

Software Engineer Salary

(AmbitionBox Estimate)

₹23.4 L/yr - ₹29.9 L/yr

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

Relationship Manager in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

Nova provides some benefits like 3 times meals and monthly once or quarterly once party at office.

Company culture - Good

Dislikes

... handle client and customer,which you get call anytime and have to support them. Salary - having a good experience, but the salary is not been paid well. The HR Should look into it, if the experience candidate is hired so they should pay as atleast decent salary. Promotion - you should engage with all in company and work smarter and have a confident to ask promotion and follow up as much as possible to get promoted.

Salary - Poor

+4 more

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

see more salary related reviews

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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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Nova Benefits Assistant Vice President Salary FAQs

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

The average salary of a Assistant Vice President at Nova Benefits in India typically ranges from ₹15.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Assistant Vice President at Nova Benefits earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Assistant Vice President Salaries at Nova Benefits 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 5 Nova Benefits employees in India.

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 in India typically ranges from ₹1,15,515 to ₹1,18,738 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 5 years to 12 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 5 salaries received from various employees of Nova Benefits. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Nova Benefits for Assistant Vice President in India?

Citicorp	₹17.0 Lakhs to ₹48.5 Lakhs per year
Prudent Insurance Brokers	₹15.9 Lakhs to ₹35.1 Lakhs per year
Robinhood Insurance Broker	₹15.6 Lakhs to ₹20.5 Lakhs per year

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

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

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

Health India Tpa Services	₹12.0 Lakhs to ₹15.0 Lakhs per year
Medsave Healthcare TPA	₹10.9 Lakhs to ₹13.5 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 Nova Benefits in India?

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

Experience	Average Salary Range
5 years	₹18.0 Lakhs to ₹18.0 Lakhs per year
6 years	₹17.5 Lakhs to ₹18.0 Lakhs per year
7 years	₹15.8 Lakhs to ₹20.2 Lakhs per year
8 years	₹15.5 Lakhs to ₹19.8 Lakhs per year

and so on.

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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.