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Spandana Sphoorty Financial Insurance Associate salaries in India

Annual salary range
0 - 4 years exp.
₹1.7 Lakh - ₹2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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44% less than the average Insurance Associate Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting
Insurance Associate Salary
0 - 2 years exp. (3 salaries)
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₹1.7 L/yr - ₹1.9 L/yr

BFSI, Investments & Trading
Insurance Associate Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2 L/yr

Customer Success, Service & Operations
Insurance Associate Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2 L/yr

Last Updated: 25 Aug 2023

Companies similar to Spandana Sphoorty Financial for Insurance Associate

Company name Avg Annual Salary Open Jobs
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₹1.2 L/yr - ₹7.9 L/yr

arrow icon 60% more
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Sundaram Finance Insurance Associate Salary

2 - 6 years exp. (4 salaries)

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₹2.2 L/yr - ₹2.5 L/yr

arrow icon 22% more
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MetLife Insurance Associate Salary

0 - 6 years exp. (184 salaries)

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₹1 L/yr - ₹5.5 L/yr

arrow icon 113% more
2 job openings
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TCS Insurance Associate Salary

0 - 4 years exp. (95 salaries)

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₹1.5 L/yr - ₹3.8 L/yr

arrow icon 33% more
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Accenture Insurance Associate Salary

0 - 5 years exp. (63 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 72% more
Insurance Associate salary at Spandana Sphoorty Financial ranges between ₹1.7 Lakh to ₹2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 7 latest salaries received from various employees of Spandana Sphoorty Financial.

Latest annual salaries shared by Spandana Sphoorty Financial Insurance Associate

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Experience wise Spandana Sphoorty Financial Insurance Associate salaries

Last Updated: 25 Aug 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.7 L/yr - ₹3.2 L/yr
1 year (AmbitionBox Estimate)

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₹1.8 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2 L/yr
3 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2 L/yr

Similar Designation salaries in Spandana Sphoorty Financial

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₹2 L/yr - ₹4.21 L/yr
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₹1.5 L/yr - ₹2.5 L/yr
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₹1.05 L/yr - ₹4.45 L/yr
Senior Process Associate Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Customer Service Associate Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
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₹4.38 L/yr - ₹11 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Supervisor Salary
(3 salaries)
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₹1 L/yr - ₹2.5 L/yr
MIS Executive Salary
(6 salaries)
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₹1.95 L/yr - ₹2.6 L/yr
Team Lead Salary
(6 salaries)
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₹3 L/yr - ₹3.5 L/yr

Salary related reviews for Spandana Sphoorty Financial

5.0

Rated by 1 employees for salary & benefits

Data Science & Analytics Department

1.0
  •  posted on 20 Jul 2018

2.0
 for  Salary and Benefits

Likes

Growth Opportunities

Dislikes

...b security, TOP management involvement in work of bottom of the pyramid staff, salaries are not paid on time, pathetic work environment

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Other Department

1.0
  •  posted on 26 Feb 2025

1.0
 for  Salary and Benefits

Likes

Incentives.

Dislikes

Not attractive salary but incentives are good. Work pressure is too much it causes health issues to us. Work begins morning 6:30 am and ends 10.O clock pm. Very work torcher in this company.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 30 Sep 2024

1.0
 for  Salary and Benefits

Likes

Only Job security. Bad projects and no future prospects after working here, so they are looking for manual workers.

Dislikes

No hike, politics, unprofessional behaviour, difficult getting leaves, expected to stay late and work after officr hours

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 10 Sep 2024

1.0
 for  Salary and Benefits

Likes

Little bit of job security as people with good knowledge and work ex leave after seeing the condition of work. They need people to stay to get the work done.

read more

Dislikes

Primitive technology, no interest to adapt new technologies, terrible salary hike, management is only money & power hungry. Overworked people. They only take people who are desperate for jobs and make them work 24*7

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 20 Oct 2023

3.0
 for  Salary and Benefits

Likes

I am proud to feel worked on spandana

  • Skill development - Excellent
  • +4 more

Dislikes

I worked in spandana 5.8 years but my salary with variable 3.2 lak per anum in my side give small suggestion for management please think about old employees for salaries hike so many employees completed in spandana 4 or 5 years but salaries 3 to 3.5 lak per anum they didn't get any holes and pramotion for that senior employees in freshers giving 3 laks above in that freshers don't have any experience but giving salaries 3 lakhs above what is the difference about experienced employees and freshers both are getting same salaries I am requesting think about senior employees

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Spandana Sphoorty Financial Insurance Associate Salary FAQs

What is the salary of Insurance Associate at Spandana Sphoorty Financial ?
The average salary of a Insurance Associate at Spandana Sphoorty Financial in India typically ranges from ₹1.7 Lakhs to ₹2.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Insurance Associate at Spandana Sphoorty Financial earn more than ₹2.0 Lakhs per year, and the top 1% earn over ₹2.0 Lakhs per year. Insurance Associate Salaries at Spandana Sphoorty Financial 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 7 Spandana Sphoorty Financial employees in India.
What is the estimated take home salary of a Insurance Associate at Spandana Sphoorty Financial in India?
The estimated take-home salary of a Insurance Associate at Spandana Sphoorty Financial in India typically ranges from ₹12,855 to ₹14,236 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹2.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 7 salaries received from various employees of Spandana Sphoorty Financial. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Spandana Sphoorty Financial for Insurance Associate in India?
MetLife ₹1.0 Lakhs to ₹5.5 Lakhs per year
Accenture ₹2.0 Lakhs to ₹4.8 Lakhs per year
Bharat Financial Inclusion ₹1.2 Lakhs to ₹7.9 Lakhs per year
TCS ₹1.5 Lakhs to ₹3.8 Lakhs per year
Sundaram Finance ₹2.2 Lakhs to ₹2.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Spandana Sphoorty Financial, depending on the role and experience level.
How the salary growth look like for a Insurance Associate at Spandana Sphoorty Financial in India?
The salary growth for a Insurance Associate at Spandana Sphoorty Financial depends on factors such as experience, performance, and promotions. On average, a Insurance Associate can expect the following growth trajectory at Spandana Sphoorty Financial:

Experience Average Salary Range
Fresher ₹1.7 Lakhs to ₹3.2 Lakhs per year
1 year ₹1.8 Lakhs to ₹3.3 Lakhs per year
2 years ₹1.8 Lakhs to ₹2.0 Lakhs per year
3 years ₹0.8 Lakhs to ₹2.0 Lakhs per year
and so on.

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Spandana Sphoorty Financial Insurance Associate salary in India ranges between ₹1.7 Lakh to ₹2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.