Ocwen Financial Solutions Claims Specialist Salaries by 5 Employees

1 - 5 years exp.

₹4.5 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% more than the average Claims Specialist Salary in Financial Services Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Claims Specialist Salary 1 - 5 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
Engineering - Hardware & Networks Claims Specialist Salary 5 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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Finance & Accounting Claims Specialist Salary 1 year exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 13 Aug 2024

Companies similar to Ocwen Financial Solutions for Claims Specialist

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Claims Specialist Salary 2 - 8 years exp. (49 salaries)	₹5 L/yr - ₹7.5 L/yr 43% more
Marsh McLennan Claims Specialist Salary 2 - 9 years exp. (15 salaries)	₹4.6 L/yr - ₹6.6 L/yr 23% more
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TCS Claims Specialist Salary 0 - 5 years exp. (70 salaries)	₹1.9 L/yr - ₹4.7 L/yr 38% less
Sagility Claims Specialist Salary 1 - 4 years exp. (65 salaries)	₹1.5 L/yr - ₹4.5 L/yr 41% less
HGS Claims Specialist Salary 2 - 4 years exp. (56 salaries)	₹1.7 L/yr - ₹3.7 L/yr 38% less

Claims Specialist salary at Ocwen Financial Solutions ranges between ₹4.5 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Ocwen Financial Solutions.

Experience wise Ocwen Financial Solutions Claims Specialist salaries

Last Updated: 13 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr

Salary related reviews for Ocwen Financial Solutions

Team Lead in Mumbai (working remotely)

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 21 Jan 2024

5.0

for Salary and Benefits

Likes

...d organisation to work and learn for new joiners as well as experience people. Appraisal, Salary Hike and promotions policies are very good. Thus, you can work here long term to achieve your life goals.

Salary - Excellent

+5 more

Dislikes

Job Security is little concern but it is not with this only organisation. It is depend on market.

Process Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 10 May 2018

5.0

for Salary and Benefits

Likes

I have been working with Ocwen for past 3.5 years. If you want relax job environment with decent package and with job security, this is the best one to join.Ocwen will never stop surprising you with on the floor activity and L&D activites and all the quaterly celebration. Work pressure depends on which process you get hire for. Some processes have tremendous work pressure but they get very good compensation in return.

Salary - Excellent

+6 more

Dislikes

Just like everyother company, you will face little politics here and there. Beacuse of which you have to be in the good book of your manager for growth.

Analyst (working remotely)

Data Science & Analytics Department

3.0

• posted on 26 Aug 2022

2.0

for Salary and Benefits

Likes

It is a good learning opportunity if you are a fresher, team mates are very supportive.

Job security - Good

+1 more

Dislikes

Work life balance is not good. Need to do overtime every single day without any extra pay. Salaries and increment are less. No appreciation and encouragement.

Salary - Poor

+1 more

Quality Analyst in Mumbai

Other Department

1.0

• posted on 05 Apr 2022

1.0

for Salary and Benefits

Likes

Extremely bad experience. Worked here as i was in need of money to run the house.

Dislikes

Everything is bad. The management was very bad.The processes close down in a day.No opportunity for growth & meager growth in salary.

Salary - Bad

+6 more

Quality Analyst in Bangalore / Bengaluru

Customer Success, Service & Operations Department

3.0

• posted on 03 Jun 2021

3.0

for Salary and Benefits

Likes

Their compensation plan, work culture and promotion hierarchy. Unlike other few orgs, their promotion structure is good. Gets valued for our work I feel.

Dislikes

Unprofessional, lack of ideas, no high end thinking

Company culture - Poor

+1 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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Ocwen Financial Solutions Claims Specialist Salary FAQs

What is the salary of Claims Specialist at Ocwen Financial Solutions ?

The average salary of a Claims Specialist at Ocwen Financial Solutions in India typically ranges from ₹4.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Claims Specialist at Ocwen Financial Solutions earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Claims Specialist Salaries at Ocwen Financial Solutions 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 Ocwen Financial Solutions employees in India.

What is the estimated take home salary of a Claims Specialist at Ocwen Financial Solutions in India?

The estimated take-home salary of a Claims Specialist at Ocwen Financial Solutions in India typically ranges from ₹34,351 to ₹35,600 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 Ocwen Financial Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ocwen Financial Solutions for Claims Specialist in India?

JPMorgan Chase & Co.	₹5.0 Lakhs to ₹7.5 Lakhs per year
Marsh McLennan	₹4.6 Lakhs to ₹6.6 Lakhs per year

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

What is the salary of a Claims Specialist in companies similar to Ocwen Financial Solutions in India?

The salary of a Claims Specialist at companies similar to Ocwen Financial Solutions in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HGS	₹1.7 Lakhs to ₹3.7 Lakhs per year
TCS	₹1.9 Lakhs to ₹4.7 Lakhs per year
Sagility	₹1.5 Lakhs to ₹4.5 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 Claims Specialist at Ocwen Financial Solutions in India?

The salary growth for a Claims Specialist at Ocwen Financial Solutions depends on factors such as experience, performance, and promotions. On average, a Claims Specialist can expect the following growth trajectory at Ocwen Financial Solutions:

Experience	Average Salary Range
1 year	₹4.1 Lakhs to ₹5.3 Lakhs per year
2 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
3 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.3 Lakhs per year

and so on.

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Ocwen Financial Solutions Claims Specialist Salaries

Ocwen Financial Solutions Claims Specialist salary in India ranges between ₹4.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Ocwen Financial Solutions latest salaries received from various employees of Ocwen Financial Solutions.