Raksha TPA Claims Manager Salaries by 4 Employees (Updated 2025)

13 - 16 years exp.

₹10.7 Lakhs - ₹12.3 Lakhs

Salary of majority employees

Fixed (98%)

₹11.4 Lakhs

Variable (2%)

₹0.3 Lakh

105% more than the average Claims Manager Salary in Insurance Companies for 13 - 16 years of experience

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Salaries in different departments

Environment Health & Safety Claims Manager Salary 14 - 16 years exp. (3 salaries)	₹11.3 L/yr - ₹12.3 L/yr
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Healthcare & Life Sciences Claims Manager Salary 13 years exp. (AmbitionBox Estimate)	₹9.6 L/yr - ₹11.8 L/yr

Last Updated: 8 Feb 2025

Companies similar to Raksha TPA for Claims Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIG Claims Manager Salary 0 - 9 years exp. (76 salaries)	₹2.5 L/yr - ₹8.7 L/yr 49% less
Reliance General Insurance Claims Manager Salary 5 - 12 years exp. (42 salaries)	₹3 L/yr - ₹9.1 L/yr 52% less
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Star Health & Allied Insurance Claims Manager Salary 2 - 13 years exp. (22 salaries)	₹2.2 L/yr - ₹7.7 L/yr 57% less
Niva Bupa Health Insurance Company Claims Manager Salary 6 - 9 years exp. (9 salaries)	₹5 L/yr - ₹10 L/yr 31% less
Future Generali India Life Insurance Claims Manager Salary 9 - 17 years exp. (5 salaries)	₹5 L/yr - ₹17 L/yr 1% more
Medi Assist India Claims Manager Salary 3 - 12 years exp. (5 salaries)	₹5.8 L/yr - ₹9.2 L/yr 37% less
Tata AIA Life Insurance Claims Manager Salary 5 - 17 years exp. (4 salaries)	₹8.6 L/yr - ₹12 L/yr 8% less
Kotak Mahindra General Insurance Claims Manager Salary 4 - 11 years exp. (4 salaries)	₹4.1 L/yr - ₹7 L/yr 56% less
Bajaj Allianz Life Insurance Claims Manager Salary 10 - 13 years exp. (4 salaries)	₹11.5 L/yr - ₹13.1 L/yr 8% more
AXA Business Services Claims Manager Salary 13 - 18 years exp. (4 salaries)	₹18 L/yr - ₹22 L/yr 71% more
Aditya Birla Insurance Brokers Claims Manager Salary 5 - 11 years exp. (4 salaries)	₹6 L/yr - ₹9.3 L/yr 24% less
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Prudent Insurance Brokers Claims Manager Salary 6 - 9 years exp. (3 salaries)	₹10 L/yr - ₹11.6 L/yr 10% less
Vidal Health Tpa Claims Manager Salary 2 - 14 years exp. (3 salaries)	₹4.8 L/yr - ₹9 L/yr 36% less
SBI Life Insurance Company Claims Manager Salary 16 - 20 years exp. (3 salaries)	₹12.5 L/yr - ₹15.5 L/yr 21% more

Claims Manager salary at Raksha TPA ranges between ₹10.7 Lakhs to ₹12.3 Lakhs per year for employees with experience between 13 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Raksha TPA.

Experience wise Raksha TPA Claims Manager salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
14 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
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15+ years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr

Similar Designation salaries in Raksha TPA

Chief Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Deputy Manager Salary

(4 salaries)

₹5.5 L/yr - ₹7.5 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Claims Executive Salary

(43 salaries)

₹1.3 L/yr - ₹3 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Medical Officer Salary

(19 salaries)

₹3 L/yr - ₹5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Claims Associate Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Senior Claims Executive Salary

(4 salaries)

₹1.7 L/yr - ₹4.5 L/yr

Associate Vice President Salary

(AmbitionBox Estimate)

₹16.3 L/yr - ₹20.8 L/yr

Salary related reviews for Raksha TPA

Claims Executive in Jaipur

Front desk/claim excutative Department

4.0

• posted on 22 May 2022

1.0

for Salary and Benefits

Likes

This organisation working is good but carrier growth and salary expectations is very poor,upper department is take opportunity first then remain to other so this organisation management is very bad.

Dislikes

There is a lot of politics and the management doesn't address our issue.salary is low and career growth is very slow. On the job training is not given to new joiners.

Salary - Bad

+5 more

Claims Executive in Indore

Healthcare Department

5.0

• posted on 06 May 2021

3.0

for Salary and Benefits

Likes

This organisation working is good but carrier growth and salary expectations is very poor,upper department is take opportunity first then remain to other so this organisation management is very bad

Company culture - Good

+1 more

Dislikes

Very bad situation for that time

Promotions - Poor

Java Developer in Faridabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 10 Feb 2024

1.0

for Salary and Benefits

Likes

Only job security. If someone looking for a stable and secure job in private sector and he/she is ready to face the exploitation in terms of work and salary, then he/she can go with this company.

Job security - Good

Dislikes

...n the company they do not encourage use of modern technologies and practices. 2. Senior employees also exploited new joinees in their salary growth and increments. 3. No appraisal based on performance. Performance doesn't matter to any one. 4. Strict timings. If you miss even 1 min or second, this directly effected your leaves count. 5. Lalita Sidhwani (secretary to Pawal Bhalla, the CEO), is the worst employee in the whole organization. She discrimates the employees on the lower positions. Always look them with discriminating sights and make fun of them in front of everyone. THE MAIN POLICY IS TO HIRE NEW EMPLOYEES ON LOWER WAGE, AND EXPLOIT THEM SO AFTER AN YEAR OR SO THEY WILL LEAVE AND AGAIN A NEW EMPLOYEE ON THE SAME LOWER WAGE.

Salary - Bad

+4 more

Investigator in Vadodara

Other Department

5.0

• posted on 14 May 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria, Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues.

COO in Faridabad

Operations Department

5.0

• posted on 30 Mar 2021

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

Ownership is missing,needs to be inculcated in the employees

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Raksha TPA Claims Manager Salary FAQs

What is the salary of Claims Manager at Raksha TPA ?

The average salary of a Claims Manager at Raksha TPA in India typically ranges from ₹10.7 Lakhs to ₹12.3 Lakhs per year, depending on experience (from 13 years to 16 years).

The top 10% of Claims Manager at Raksha TPA earn more than ₹12.3 Lakhs per year, and the top 1% earn over ₹12.3 Lakhs per year. Claims Manager Salaries at Raksha TPA 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 Raksha TPA employees in India.

What is the estimated take home salary of a Claims Manager at Raksha TPA in India?

The estimated take-home salary of a Claims Manager at Raksha TPA in India typically ranges from ₹83,180 to ₹85,352 per month. This is based on the average salary range of ₹10.7 Lakhs to ₹12.3 Lakhs per year for employees with experience ranging from 13 years to 16 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 Raksha TPA. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Raksha TPA for Claims Manager in India?

AXA Business Services	₹18.0 Lakhs to ₹22.0 Lakhs per year
SBI Life Insurance Company	₹12.5 Lakhs to ₹15.5 Lakhs per year
Bajaj Allianz Life Insurance	₹11.5 Lakhs to ₹13.1 Lakhs per year
Future Generali India Life Insurance	₹5.0 Lakhs to ₹17.0 Lakhs per year

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

What is the salary of a Claims Manager in companies similar to Raksha TPA in India?

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

Tata AIA Life Insurance	₹8.6 Lakhs to ₹12.0 Lakhs per year
Prudent Insurance Brokers	₹10.0 Lakhs to ₹11.6 Lakhs per year
Aditya Birla Insurance Brokers	₹6.0 Lakhs to ₹9.3 Lakhs per year
Niva Bupa Health Insurance Company	₹5.0 Lakhs to ₹10.0 Lakhs per year
Vidal Health Tpa	₹4.8 Lakhs to ₹9.0 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 Manager at Raksha TPA in India?

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

Experience	Average Salary Range
13 years	₹9.6 Lakhs to ₹12.3 Lakhs per year
14 years	₹10.2 Lakhs to ₹13.0 Lakhs per year
15 years	₹11.1 Lakhs to ₹14.2 Lakhs per year

and so on.

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Raksha TPA Claims Manager Salaries

Raksha TPA Claims Manager salary in India ranges between ₹10.7 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Raksha TPA latest salaries received from various employees of Raksha TPA.