Raksha TPA Senior Medical Advisor Salaries by 10+ Employees

4 - 8 years exp.

₹4.2 Lakhs - ₹11.1 Lakhs

Salary of majority employees

69% less than the average Senior Medical Advisor Salary in Insurance Companies for 4 - 8 years of experience

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Salaries in different departments

Healthcare & Life Sciences Senior Medical Advisor Salary 4 - 8 years exp. (12 salaries)	₹4.2 L/yr - ₹11.1 L/yr
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Administration & Facilities Senior Medical Advisor Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.7 L/yr

Last Updated: 17 Mar 2023

Companies similar to Raksha TPA for Senior Medical Advisor

Company name	Avg Annual Salary	Open Jobs
Medi Assist India Senior Medical Advisor Salary 3 - 9 years exp. (4 salaries)	₹3.2 L/yr - ₹5.5 L/yr 34% less
Abbott Senior Medical Advisor Salary 2 - 8 years exp. (15 salaries)	₹20.5 L/yr - ₹28 L/yr 238% more
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IQVIA Senior Medical Advisor Salary 4 - 10 years exp. (7 salaries)	₹18 L/yr - ₹25 L/yr 189% more
Sanofi Senior Medical Advisor Salary 4 - 17 years exp. (6 salaries)	₹24 L/yr - ₹43 L/yr 403% more
Sun Pharmaceutical Industries Senior Medical Advisor Salary 5 - 10 years exp. (5 salaries)	₹23.2 L/yr - ₹29.8 L/yr 257% more

Senior Medical Advisor salary at Raksha TPA ranges between ₹4.2 Lakhs to ₹11.1 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 14 latest salaries received from various employees of Raksha TPA.

Experience wise Raksha TPA Senior Medical Advisor salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹11.4 L/yr
5 years (3 salaries)	₹4.7 L/yr - ₹11.9 L/yr
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6 years (3 salaries)	₹4.2 L/yr - ₹9.4 L/yr
7 years (4 salaries)	₹4.2 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.1 L/yr

Similar Designation salaries in Raksha TPA

Senior Medical Officer Salary

(4 salaries)

₹4 L/yr - ₹5.6 L/yr

Chief Medical Officer Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Medical Officer Salary

(19 salaries)

₹3 L/yr - ₹5 L/yr

Doctor Salary

(AmbitionBox Estimate)

₹32.4 L/yr - ₹41.4 L/yr

Salary related reviews for Raksha TPA

4.0

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

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Raksha TPA Senior Medical Advisor Salary FAQs

What is the salary of Senior Medical Advisor at Raksha TPA ?

The average salary of a Senior Medical Advisor at Raksha TPA in India typically ranges from ₹4.2 Lakhs to ₹11.1 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Senior Medical Advisor at Raksha TPA earn more than ₹9.6 Lakhs per year, and the top 1% earn over ₹11.1 Lakhs per year. Senior Medical Advisor 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 10+ Raksha TPA employees in India.

What is the estimated take home salary of a Senior Medical Advisor at Raksha TPA in India?

The estimated take-home salary of a Senior Medical Advisor at Raksha TPA in India typically ranges from ₹52,930 to ₹54,176 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹11.1 Lakhs per year for employees with experience ranging from 4 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 10+ 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 Senior Medical Advisor in India?

Sanofi	₹24.0 Lakhs to ₹43.0 Lakhs per year
Sun Pharmaceutical Industries	₹23.2 Lakhs to ₹29.8 Lakhs per year
Abbott	₹20.5 Lakhs to ₹28.0 Lakhs per year
IQVIA	₹18.0 Lakhs to ₹25.0 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 Senior Medical Advisor in companies similar to Raksha TPA in India?

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

Medi Assist India

₹3.2 Lakhs to ₹5.5 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 Senior Medical Advisor at Raksha TPA in India?

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

Experience	Average Salary Range
4 years	₹4.2 Lakhs to ₹11.4 Lakhs per year
5 years	₹4.7 Lakhs to ₹11.9 Lakhs per year
6 years	₹4.2 Lakhs to ₹9.4 Lakhs per year
7 years	₹4.2 Lakhs to ₹9.0 Lakhs per year

and so on.

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Raksha TPA Senior Medical Advisor Salaries

Raksha TPA Senior Medical Advisor salary in India ranges between ₹4.2 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Raksha TPA latest salaries received from various employees of Raksha TPA.