Raksha TPA Mumbai Senior Executive Salaries by 8 Employees (Updated 2025)

3 - 9 years exp.

₹2.2 Lakhs - ₹4.3 Lakhs

Salary of majority employees

36% less than the average Senior Executive Salary in Insurance Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Executive Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.5 L/yr
Human Resources Senior Executive Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.3 L/yr
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CSR & Social Service Senior Executive Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4 L/yr

Last Updated: 13 Mar 2023

Companies similar to Raksha TPA for Senior Executive in Mumbai

Raksha TPA Senior Executive Salary

3 - 9 years exp. (8 salaries)

₹2.2 L/yr - ₹4.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Medi Assist India Senior Executive Salary 0 - 10 years exp. (77 salaries)	₹2 L/yr - ₹4.8 L/yr 5% more	3 job openings
Paramount Health Services Tpa Senior Executive Salary 1 - 8 years exp. (79 salaries)	₹1.1 L/yr - ₹4.8 L/yr 8% less
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Family Health Plan Senior Executive Salary 2 - 8 years exp. (14 salaries)	₹1.8 L/yr - ₹3.5 L/yr 11% less
Future Generali India Life Insurance Senior Executive Salary 2 - 11 years exp. (103 salaries)	₹2.2 L/yr - ₹7 L/yr 47% more	2 job openings
Tata AIA Life Insurance Senior Executive Salary 2 - 11 years exp. (84 salaries)	₹3.1 L/yr - ₹10.3 L/yr 102% more	2 job openings
Aditya Birla Sun Life Insurance Senior Executive Salary 0 - 7 years exp. (18 salaries)	₹2 L/yr - ₹4.1 L/yr 8% less
Marsh India Insurance Brokers Senior Executive Salary 3 - 14 years exp. (17 salaries)	₹3.5 L/yr - ₹6 L/yr 49% more
SBI Life Insurance Company Senior Executive Salary 2 - 9 years exp. (16 salaries)	₹3.5 L/yr - ₹5.7 L/yr 27% more
Reliance Nippon Life Insurance Senior Executive Salary 1 - 7 years exp. (14 salaries)	₹2 L/yr - ₹4.3 L/yr 6% less
Health Insurance TPA of India Senior Executive Salary 3 - 9 years exp. (11 salaries)	₹1.5 L/yr - ₹4 L/yr 11% less
Star Health & Allied Insurance Senior Executive Salary 5 - 9 years exp. (11 salaries)	₹3.1 L/yr - ₹4.6 L/yr 14% more
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Prudent Insurance Brokers Senior Executive Salary 1 - 7 years exp. (9 salaries)	₹2.7 L/yr - ₹4.8 L/yr 25% more
Tata AIG Senior Executive Salary 4 - 8 years exp. (8 salaries)	₹2.9 L/yr - ₹7 L/yr 25% more
Bajaj Allianz Life Insurance Senior Executive Salary 3 - 12 years exp. (8 salaries)	₹3.5 L/yr - ₹5.5 L/yr 38% more

Senior Executive salary at Raksha TPA ranges between ₹2.2 Lakhs to ₹4.3 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 8 latest salaries received from various employees of Raksha TPA.

Experience wise Raksha TPA Senior Executive salaries in Mumbai

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.1 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
7 years (3 salaries)	₹2.2 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.3 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.7 L/yr

View all

Similar Designation salaries in Raksha TPA

Finance Executive Salary

(5 salaries)

₹1.1 L/yr - ₹2.65 L/yr

Top skills at Raksha TPA for Senior Executive

Communication Skills TPA Excel Health Insurance Medical

Salary related reviews for Raksha TPA

3.0

Rated by 1 employees for salary & benefits

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

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

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.

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Raksha TPA Senior Executive Salary FAQs

What is the salary of Senior Executive at Raksha TPA Mumbai?

Senior Executive salary at Raksha TPA in Mumbai ranges between ₹2.2 Lakhs to ₹4.3 Lakhs for experience between 3 years to 9 years. According to our estimates it is 36% less than the average Senior Executive Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Raksha TPA Mumbai.

How does the salary of a Senior Executive at Raksha TPA Mumbai compare with the average salary range for this job?

The average salary of a Senior Executive at Raksha TPA is 36% less than the average salary of a Senior Executive in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Executive at Raksha TPA?

Communication Skills, TPA, Excel, Health Insurance and Medical are some of the popular skills required to work as a Senior Executive at Raksha TPA Mumbai.

Which similar companies are paying more than Raksha TPA to a Senior Executive in Mumbai?

Tata AIA Life Insurance Senior Executive Salary - ₹3.1 Lakhs to ₹10.3 Lakhs per year
Marsh India Insurance Brokers Senior Executive Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year
Future Generali India Life Insurance Senior Executive Salary - ₹2.2 Lakhs to ₹7.0 Lakhs per year
Bajaj Allianz Life Insurance Senior Executive Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
SBI Life Insurance Company Senior Executive Salary - ₹3.5 Lakhs to ₹5.7 Lakhs per year

What is the salary of a Senior Executive in companies similar to Raksha TPA in Mumbai?

Prudent Insurance Brokers Senior Executive Salary - ₹2.7 Lakhs to ₹4.8 Lakhs per year
Tata AIG Senior Executive Salary - ₹2.9 Lakhs to ₹7.0 Lakhs per year
Star Health & Allied Insurance Senior Executive Salary - ₹3.1 Lakhs to ₹4.6 Lakhs per year
Medi Assist India Senior Executive Salary - ₹2.0 Lakhs to ₹4.8 Lakhs per year
Reliance Nippon Life Insurance Senior Executive Salary - ₹2.0 Lakhs to ₹4.3 Lakhs per year

What is the estimated take home salary of a Senior Executive at Raksha TPA in Mumbai?

The estimated take-home salary of a Senior Executive at Raksha TPA ranges between ₹25,269 per month to ₹26,704 per month in Mumbai. The take-home salary calculation is based on the average Raksha TPA Senior Executive salary in India which ranges between ₹2.2 Lakhs to ₹4.3 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Senior Executive at Raksha TPA in Mumbai?

According to AmbitionBox, 75% of the Raksha TPA Senior Executives in Mumbai reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Raksha TPA Senior Executive Salaries in Mumbai

Raksha TPA Senior Executive salary in Mumbai ranges between ₹2.2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Raksha TPA latest salaries received from various employees of Raksha TPA.