Royal Sundaram General Insurance Operations Associate Salaries by 4 Employees

1 - 10 years exp.

₹3 Lakhs - ₹5.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% more than the average Operations Associate Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Associate Salary 1 - 10 years exp. (3 salaries)	₹3 L/yr - ₹5.1 L/yr
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BFSI, Investments & Trading Operations Associate Salary 1 year exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 5 Aug 2024

Companies similar to Royal Sundaram General Insurance for Operations Associate

Company name	Avg Annual Salary	Open Jobs
Liberty General Insurance Operations Associate Salary 0 - 6 years exp. (38 salaries)	₹1.7 L/yr - ₹3.5 L/yr 31% less
Future Generali India Life Insurance Operations Associate Salary 1 - 5 years exp. (34 salaries)	₹1.5 L/yr - ₹3.1 L/yr 43% less	1 job opening
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Aditya Birla Health Insurance Co Operations Associate Salary 0 - 6 years exp. (23 salaries)	₹2.5 L/yr - ₹3.9 L/yr 17% less
Axis Max Life Insurance Operations Associate Salary 2 - 3 years exp. (6 salaries)	₹2.3 L/yr - ₹4.1 L/yr 18% less
Ageas Federal Life Insurance Operations Associate Salary 5 - 15 years exp. (5 salaries)	₹3.2 L/yr - ₹4.3 L/yr 7% less
Allianz Services Operations Associate Salary 1 - 4 years exp. (5 salaries)	₹3 L/yr - ₹5.5 L/yr 6% more
MetLife Operations Associate Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹6 L/yr At par
Swiss Re Operations Associate Salary 0 - 12 years exp. (4 salaries)	₹4.8 L/yr - ₹12 L/yr 101% more
SBI General Insurance Operations Associate Salary 0 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 15% less
Principal Global Services Operations Associate Salary 0 - 5 years exp. (4 salaries)	₹5.5 L/yr - ₹8 L/yr 63% more
Cholamandalam MS General Insurance Operations Associate Salary 1 - 4 years exp. (4 salaries)	₹1 L/yr - ₹8.8 L/yr At par
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Bharti AXA Life Insurance Operations Associate Salary 0 - 10 years exp. (3 salaries)	₹2.2 L/yr - ₹4.5 L/yr 21% less
Medi Assist India Operations Associate Salary 1 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.5 L/yr 48% less
Edelweiss Life Insurance Operations Associate Salary 1 - 14 years exp. (3 salaries)	₹2.4 L/yr - ₹5.5 L/yr 11% less

Operations Associate salary at Royal Sundaram General Insurance ranges between ₹3 Lakhs to ₹5.1 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance Operations Associate salaries

Last Updated: 5 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in Royal Sundaram General Insurance

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(17 salaries)

₹2 L/yr - ₹4 L/yr

Operations Analyst Salary

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₹2 L/yr - ₹3 L/yr

Operations Manager Salary

(4 salaries)

₹1.94 L/yr - ₹5 L/yr

Operations Executive Salary

(25 salaries)

₹2.5 L/yr - ₹4.2 L/yr

Process Associate Salary

(4 salaries)

₹2 L/yr - ₹3.2 L/yr

Senior Process Associate Salary

(3 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Relationship Manager Salary

(10 salaries)

₹3 L/yr - ₹5.2 L/yr

Customer Service Associate Salary

(13 salaries)

₹1.8 L/yr - ₹4.8 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Quality Analyst Salary

(7 salaries)

₹3 L/yr - ₹5.4 L/yr

Salary related reviews for Royal Sundaram General Insurance

1.0

Rated by 1 employees for salary & benefits

Operations Executive in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 04 Aug 2021

2.0

for Salary and Benefits

Likes

...oyal Sundaram, your job is absolutely secured, but the growth is very very poor. You will be giving your best for a low package altogether. Otherwise the company is good to survive

Job security - Excellent

+2 more

Dislikes

Salary and growth.

Salary - Poor

+1 more

Back Office Associate in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 26 Oct 2023

3.0

for Salary and Benefits

Likes

No more pressure . Appreciate the thing is providing the Food afternoon. But that also not maintaining properly.

Job security - Good

+2 more

Dislikes

... seems like school identity card. That also nowadays Looking Good. No more trip. If we want means we have to pay. Company not responsible. No more cab facilities. Royal sundaram sets for only the people WHO ARE ON ROLLS.

Promotions - Poor

Territory Sales Manager in Kolkata

Full Time

Merchandising, Retail & eCommerce Department

1.0

• posted on 06 Feb 2024

4.0

for Salary and Benefits

Likes

Products are good to promote. Salary is good.

Salary - Good

Dislikes

HR is reactive and not supportive to employees. Management is not mature to run the show. No one is ready to listen new ideas. Induction has done after 89 days from joining.

Skill development - Bad

+4 more

Sales Support Associate in Nagpur

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 19 Apr 2023

2.0

for Salary and Benefits

Likes

Work balance is quite good and no eager deadlines.

Dislikes

...posting. No policy for getting promotion within team within specific criteria. Appraisal cycle is worst and no clarity every year about bonus even salary hike too. It is also true that in this company higher management does not coperate with lower level staff.

Salary - Poor

+5 more

Branch Incharge in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 12 Sep 2023

1.0

for Salary and Benefits

Likes

Trust they have on team earlier Earlier we have freedom

Job security - Good

Dislikes

...ays...my father was admitted under serious condition finally I lost my father...I worked during period while from Hospital which was known to reporting manager and later my 40 days salary was deducted which was done intentionally and no one supported no one asked me while leaving....I feel very bad of spending my 6+ years with organisation....I was really frustrated during the phase...I have all the evidence

Salary - Bad

+3 more

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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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Royal Sundaram General Insurance Operations Associate Salary FAQs

What is the salary of Operations Associate at Royal Sundaram General Insurance ?

The average salary of a Operations Associate at Royal Sundaram General Insurance in India typically ranges from ₹3.0 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Operations Associate at Royal Sundaram General Insurance earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Operations Associate Salaries at Royal Sundaram General Insurance 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 Royal Sundaram General Insurance employees in India.

What is the estimated take home salary of a Operations Associate at Royal Sundaram General Insurance in India?

The estimated take-home salary of a Operations Associate at Royal Sundaram General Insurance in India typically ranges from ₹29,109 to ₹30,487 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 1 year to 10 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 Royal Sundaram General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Royal Sundaram General Insurance for Operations Associate in India?

Swiss Re	₹4.8 Lakhs to ₹12.0 Lakhs per year
Principal Global Services	₹5.5 Lakhs to ₹8.0 Lakhs per year
Allianz Services	₹3.0 Lakhs to ₹5.5 Lakhs per year
MetLife	₹1.8 Lakhs to ₹6.0 Lakhs per year

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

What is the salary of a Operations Associate in companies similar to Royal Sundaram General Insurance in India?

The salary of a Operations Associate at companies similar to Royal Sundaram General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cholamandalam MS General Insurance	₹1.0 Lakhs to ₹8.8 Lakhs per year
Ageas Federal Life Insurance	₹3.2 Lakhs to ₹4.3 Lakhs per year
Edelweiss Life Insurance	₹2.4 Lakhs to ₹5.5 Lakhs per year
SBI General Insurance	₹3.0 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Health Insurance Co	₹2.5 Lakhs to ₹3.9 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 Operations Associate at Royal Sundaram General Insurance in India?

The salary growth for a Operations Associate at Royal Sundaram General Insurance depends on factors such as experience, performance, and promotions. On average, a Operations Associate can expect the following growth trajectory at Royal Sundaram General Insurance:

Experience	Average Salary Range
1 year	₹2.9 Lakhs to ₹3.7 Lakhs per year
5 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
10 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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Royal Sundaram General Insurance Operations Associate Salaries

Royal Sundaram General Insurance Operations Associate salary in India ranges between ₹3 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.