TCS Mumbai Insurance Associate Salaries by 7 Employees

0 - 5 years exp.

₹2.4 Lakhs - ₹3.5 Lakhs

Salary of majority employees

19% less than the average Insurance Associate Salary in IT Services & Consulting Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Associate Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹3.5 L/yr
Customer Success, Service & Operations Insurance Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.2 L/yr
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Finance & Accounting Insurance Associate Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

Last Updated: 18 Sep 2024

Companies similar to TCS for Insurance Associate in Mumbai

TCS Insurance Associate Salary

0 - 5 years exp. (7 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Accenture Insurance Associate Salary 0 - 5 years exp. (19 salaries)	₹2 L/yr - ₹4.2 L/yr 16% more
Wipro Insurance Associate Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹2.4 L/yr 22% less
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M&G Global Services Insurance Associate Salary 3 - 9 years exp. (34 salaries)	₹3 L/yr - ₹6 L/yr 83% more
10FA India Insurance Associate Salary 1 - 9 years exp. (14 salaries)	₹3 L/yr - ₹5.2 L/yr 57% more
M&G PLC Insurance Associate Salary 4 - 9 years exp. (9 salaries)	₹3.8 L/yr - ₹6 L/yr 89% more

Insurance Associate salary at TCS ranges between ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 7 latest salaries received from various employees of TCS.

Experience wise TCS Insurance Associate salaries in Mumbai

Last Updated: 18 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr

View all

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Salary related reviews for TCS

5.0

Rated by 1 employees for salary & benefits

Senior Associate in Mumbai

Full Time

Shipping & Maritime Department

3.0

• posted on 18 Jan 2025

2.0

for Salary and Benefits

Likes

Best place to experience person, if you not want work in pressure than this company is your type.

Job security - Excellent

Dislikes

Salary growth is very low as compared other bpo company for freshers and experience employees politics they think that we are the only boss

Salary - Poor

+2 more

Senior Process Associate in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 12 Jan 2025

3.0

for Salary and Benefits

Likes

I likes about the TCS is good work culture, low work pressure, work-life balance, lots of opportunities to learn and the most job security.

Skill development - Good

+4 more

Dislikes

It feels good working at TCS. The work culture is good, with low work pressure and lots to learn but the salary increament as per the seniority and role is low. If the salary is justified as per the seniority or designation, I would never left TCS.

Process Associate in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 15 Dec 2024

3.0

for Salary and Benefits

Likes

work environment, career growth opportunities, and work-life balance:

Skill development - Good

+3 more

Dislikes

low salary compared to market standards, slow career progression, limited learning opportunities, a culture of internal politics, inconsistent project allocations, sometimes repetitive and mundane work, poor work-life balance depending on the project, and a lack of autonomy in decision-making.

Promotions - Poor

Process Associate in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 10 Dec 2024

3.0

for Salary and Benefits

Likes

Here you can work life balance and learn many things even company providing you multiple learning platform where you upskill your self

Skill development - Excellent

+3 more

Dislikes

Here salary is low in compare to other equivalent MNC and incriminating is also low but other benefits like job security are great

Process Associate in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

5.0

• posted on 04 Dec 2024

3.0

for Salary and Benefits

Likes

TCS is best no other company beat TCS work culture and security especially for girls is very good

Skill development - Excellent

+4 more

Dislikes

TCS is best but when we talk about promotion and salary expectation it's not worthy.for freshers very less salary

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What people are saying about TCS

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a custom software engineering specialist

2w (edited)

Got Offer from TCS!

Hello, I got 32L CTC offer from TCS as an IAM associate consultant. Is it a good package considering I have 10.9 years of experience and in IAM 3.6 years? Rest of the experience is in dot net. Also, TCS is considering 10.2 experience only as some process on their side. Please share your thoughts on the offered package and the experience part. Thank you in advance.

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TCS Insurance Associate Salary FAQs

What is the salary of Insurance Associate at TCS in Mumbai?

The average salary of a Insurance Associate at TCS in Mumbai typically ranges from ₹2.4 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Insurance Associate in Mumbai at TCS earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Insurance Associate Salaries at TCS 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 TCS employees in India.

What is the estimated take home salary of a Insurance Associate at TCS in Mumbai?

The estimated take-home salary of a Insurance Associate at TCS in Mumbai typically ranges from ₹18,870 to ₹20,550 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 5 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 TCS. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than TCS for Insurance Associate in India?

M&G PLC	₹3.8 Lakhs to ₹6.0 Lakhs per year
M&G Global Services	₹3.0 Lakhs to ₹6.0 Lakhs per year
10FA India	₹3.0 Lakhs to ₹5.2 Lakhs per year
Accenture	₹2.0 Lakhs to ₹4.2 Lakhs per year

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

What is the salary of a Insurance Associate in companies similar to TCS in Mumbai?

The salary of a Insurance Associate at companies similar to TCS in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wipro

₹2.0 Lakhs to ₹2.4 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 Insurance Associate at TCS in Mumbai?

The salary growth for a Insurance Associate at TCS in Mumbai depends on factors such as experience, performance, and promotions. On average, a Insurance Associate in Mumbai can expect the following growth trajectory at TCS:

Experience	Average Salary Range
Fresher	₹0.9 Lakhs to ₹2.4 Lakhs per year
1 year	₹0.9 Lakhs to ₹3.0 Lakhs per year
2 years	₹2.5 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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TCS Insurance Associate Salaries in Mumbai

TCS Insurance Associate salary in Mumbai ranges between ₹2.4 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 TCS latest salaries received from various employees of TCS.