Nova Benefits Claims Associate Salaries by 9 Employees

2 - 8 years exp.

₹4.5 Lakhs - ₹6.3 Lakhs

Salary of majority employees

67% more than the average Claims Associate Salary in Insurance Companies for 2 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Claims Associate Salary 6 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹5.5 L/yr
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Healthcare & Life Sciences Claims Associate Salary 3 - 7 years exp. (3 salaries)	₹5.4 L/yr - ₹6.3 L/yr

Last Updated: 28 Dec 2024

Companies similar to Nova Benefits for Claims Associate

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Claims Associate Salary 0 - 2 years exp. (3 salaries)	₹2.1 L/yr - ₹3 L/yr 52% less
ICICI Lombard General Insurance Company Claims Associate Salary 0 - 11 years exp. (13 salaries)	₹2 L/yr - ₹5.2 L/yr 21% less
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HDFC Ergo General Insurance Claims Associate Salary 2 - 4 years exp. (11 salaries)	₹2 L/yr - ₹4.1 L/yr 32% less
Care Health Insurance Claims Associate Salary 1 - 5 years exp. (11 salaries)	₹2.6 L/yr - ₹5.5 L/yr 31% less
Vidal Health Tpa Claims Associate Salary 3 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹3.6 L/yr 40% less
Raksha TPA Claims Associate Salary 4 - 7 years exp. (3 salaries)	₹2.4 L/yr - ₹2.5 L/yr 54% less
Health Insurance TPA of India Claims Associate Salary 1 - 18 years exp. (3 salaries)	₹1.6 L/yr - ₹2.5 L/yr 62% less

Claims Associate salary at Nova Benefits ranges between ₹4.5 Lakhs to ₹6.3 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 9 latest salaries received from various employees of Nova Benefits.

Experience wise Nova Benefits Claims Associate salaries

Last Updated: 28 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.1 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.3 L/yr
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4 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.9 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.7 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.6 L/yr
7 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.3 L/yr

View all

Similar Designation salaries in Nova Benefits

Senior Associate Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Operations Associate Salary

(6 salaries)

₹3.5 L/yr - ₹7 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Customer Service Associate Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Relationship Manager Salary

(6 salaries)

₹7 L/yr - ₹8 L/yr

Operations Manager Salary

(3 salaries)

₹8 L/yr - ₹13 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Top skills at Nova Benefits for Claims Associate

Hospital Excel Health Insurance TPA Mac Os Typescript NHibernate Ionic Framework Compensation WTX Ajax

Salary related reviews for Nova Benefits

4.5

Rated by 5 employees for salary & 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

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Nova Benefits Claims Associate Salary FAQs

What is the salary of Claims Associate at Nova Benefits ?

The average salary of a Claims Associate at Nova Benefits in India typically ranges from ₹4.5 Lakhs to ₹6.3 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Claims Associate at Nova Benefits earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Claims Associate 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 9 Nova Benefits employees in India.

What is the estimated take home salary of a Claims Associate at Nova Benefits in India?

The estimated take-home salary of a Claims Associate at Nova Benefits in India typically ranges from ₹40,865 to ₹42,018 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹6.3 Lakhs per year for employees with experience ranging from 2 years to 8 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 9 salaries received from various employees of Nova Benefits. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Claims Associate at Nova Benefits ?

To be a Claims Associate at Nova Benefits in india, the key skills required include:

- Hospital
- Excel
- Health Insurance
- TPA
- Mac Os

These skills are highly valued at Nova Benefits and are crucial for successful performance in a Software Engineering role.

What is the salary of a Claims Associate in companies similar to Nova Benefits in India?

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

ICICI Lombard General Insurance Company	₹2.0 Lakhs to ₹5.2 Lakhs per year
Care Health Insurance	₹2.6 Lakhs to ₹5.5 Lakhs per year
HDFC Ergo General Insurance	₹2.0 Lakhs to ₹4.1 Lakhs per year
Vidal Health Tpa	₹2.4 Lakhs to ₹3.6 Lakhs per year
Star Health & Allied Insurance	₹2.1 Lakhs to ₹3.0 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 Claims Associate at Nova Benefits in India?

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

Experience	Average Salary Range
2 years	₹2.3 Lakhs to ₹6.1 Lakhs per year
3 years	₹2.2 Lakhs to ₹6.3 Lakhs per year
4 years	₹5.0 Lakhs to ₹9.9 Lakhs per year
5 years	₹5.0 Lakhs to ₹9.7 Lakhs per year

and so on.

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Nova Benefits Claims Associate Salaries

Nova Benefits Claims Associate salary in India ranges between ₹4.5 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Nova Benefits latest salaries received from various employees of Nova Benefits.