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The New India Assurance Co. Administration Officer salaries in India

Annual salary range
1 - 8 years exp.
₹5.1 Lakhs - ₹16.1 Lakhs
Salary of majority employees
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98% more than the average Administration Officer Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

Finance & Accounting
Administration Officer Salary
3 - 6 years exp. (5 salaries)
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₹8 L/yr - ₹15 L/yr

BFSI, Investments & Trading
Administration Officer Salary
2 - 7 years exp. (4 salaries)
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₹6 L/yr - ₹10 L/yr

Data Science & Analytics
Administration Officer Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹12.5 L/yr

Production, Manufacturing & Engineering
Administration Officer Salary
1 year exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹11.9 L/yr

Legal & Regulatory
Administration Officer Salary
3 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

Last Updated: 25 May 2024

Companies similar to The New India Assurance Co. for Administration Officer

Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹3.3 L/yr

arrow icon 72% less
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₹5 L/yr - ₹14 L/yr

arrow icon 8% less
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₹7.8 L/yr - ₹13 L/yr

arrow icon 1% less
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₹7.2 L/yr - ₹25.5 L/yr

arrow icon 66% more
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₹5.7 L/yr - ₹15 L/yr

arrow icon 3% more
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₹1.8 L/yr - ₹3.4 L/yr

arrow icon 76% less
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₹2.7 L/yr - ₹4.1 L/yr

arrow icon 71% less
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₹2 L/yr - ₹3 L/yr

arrow icon 79% less
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₹1.8 L/yr - ₹3.3 L/yr

arrow icon 79% less
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₹3.5 L/yr - ₹10.8 L/yr

arrow icon 48% less
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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 76% less

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Administration Officer salary at The New India Assurance Co. ranges between ₹5.1 Lakhs to ₹16.1 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 24 latest salaries received from various employees of The New India Assurance Co..

Latest annual salaries shared by The New India Assurance Co. Administration Officer

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Experience wise The New India Assurance Co. Administration Officer salaries

Last Updated: 25 May 2024

Experience Avg Annual Salary
1 year  (3 salaries)

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₹10 L/yr - ₹12.5 L/yr
2 years  (4 salaries)

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₹4.4 L/yr - ₹19.8 L/yr
3 years  (3 salaries)

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₹9 L/yr - ₹16.1 L/yr
4 years  (5 salaries)

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₹6 L/yr - ₹15 L/yr
5 years  (4 salaries)

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₹8 L/yr - ₹19.3 L/yr
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The New India Assurance Co. Administration Officer Salary and Career Growth

From

To

Administration Officer

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1 - 8 years exp.

Regional Manager

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30 - 32 years exp.

Administration Officer 1 - 8 years exp.
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Assistant Manager 4 - 11 years exp.
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arrow icon 39% hike
Senior Divisional Manager 21 - 33 years exp.
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arrow icon 79% hike

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From

1 more level

To

Administration Officer

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1 - 8 years exp.

Deputy Manager

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7 - 13 years exp.

Similar Designation salaries in The New India Assurance Co.

Administration Manager Salary
(AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr
Administration Assistant Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr
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₹2.6 L/yr - ₹18 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
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₹1.1 L/yr - ₹1.5 L/yr
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₹1 L/yr - ₹3.6 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
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₹1.45 L/yr - ₹2.4 L/yr
Deputy Manager Salary
(9 salaries)
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₹17 L/yr - ₹26 L/yr
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₹1.5 L/yr - ₹5 L/yr
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Salary related reviews for The New India Assurance Co.

3.6

Rated by 12 employees for salary & benefits

Full Time

 · 

Other Department

4.0
  •  posted on 12 May 2024

4.0
 for  Salary and Benefits

Likes

... claims hub department is very good.Employees help the newly recruited officers.Salary is decent.Various incentives by the company.

read more
  • Salary - Good
  • +6 more

Dislikes

The salary is decent but not that high.wage revision is pending.

BFSI, Investments & Trading Department

5.0
  •  posted on 17 Sep 2017

5.0
 for  Salary and Benefits

Likes

...ny.There is ample scope for quick promotions now and one can rise to high cadre. The salary of the New Indian's is very high compared to the salary given by banks to similar cadre.There are also lot of facilities like housing loan,vehicle loan,leave encashment once in 2 years,Leave travel facility,holiday home facility,maternity and paternity leave,

read more
  • Salary - Excellent
  • +6 more

Dislikes

Employee's have cent percent job security.There is also good team work among them.Normally work pressure is felt on the employees especially those who are good workers.But these are ignored by the management when any small complaints lodged against them by the public which actually would have been the crooked conspiracy of vested interest persons resulting in stalling the promotion prospects of hard working employees.Since Regional In charges are the recommending authority for grant of promotion by head office and these people will not be familiar to us due to their coming from other states and may not be knowing the working efficiency of the particular person,simply discard him just because of the falls complaints. There are now lot of forums like RTI act,consumer forums,civil courts for redressing the grievances of the public with respect to claims,policy issuing etc.

read more

Other Department

2.0
  •  posted on 26 Mar 2021

3.0
 for  Salary and Benefits

Likes

it gives you the freedom to learn and experience with topmost company in the industry.Job is secured but rewards do not follow the contributions made.HR policy is very outdated and management is typical PSU,

read more
  • Job security - Excellent
  • +1 more

Dislikes

Career growth is slow ,salary is a constraint for quality and best brains are not available, lack of dynamism but work life balance is not very demanding.Work environment is average if not outstanding.

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Jun 2023

5.0
 for  Salary and Benefits

Likes

Excellent work culture. Highly knowledgeable staff and Supportive Management. All pahments made within time limit and Cwiss System is Excellent. In my opinion, The New India is my 2nd mother. I LOVE NEW INDIA FROM CORE OF MY HEART. NEW INIDA ASSURANCE IS GREAT COMPANY AND I SALUTE TO ALL AND FEEL PROUD EMPLOYEE OF THIS GREAT AND LEADER COMPANY

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing except offices should be renovated as per New Modern Techniques so that Ambience look like Leader Company.

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 21 Jul 2023

2.0
 for  Salary and Benefits

Likes

Work pressure is relatively less.

  • Job security - Excellent
  • +1 more

Dislikes

The list can go on forever. Only people who have links inside with senior management can make their way up. HR department is pathetic and least concerned about employees.

read more
  • Salary - Poor
  • +2 more
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The New India Assurance Co. Administration Officer Salary FAQs

What is the salary of Administration Officer at The New India Assurance Co.?
Administration Officer salary at The New India Assurance Co. in India ranges between ₹5.1 Lakhs to ₹16.1 Lakhs for experience between 1 years to 8 years. According to our estimates it is 98% more than the average Administration Officer Salary in India. Salary estimates are based on 24 latest salaries received from various employees of The New India Assurance Co. India.
How does the salary of a Administration Officer at The New India Assurance Co. India compare with the average salary range for this job?
The average salary of a Administration Officer at The New India Assurance Co. is 98% more than the average salary of a Administration Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than The New India Assurance Co. to a Administration Officer in India?
  • Life Insurance Corporation of India Administration Officer Salary - ₹7.2 Lakhs to ₹25.5 Lakhs per year
  • National Insurance Company Administration Officer Salary - ₹5.7 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Administration Officer in companies similar to The New India Assurance Co. in India?
  • The Oriental Insurance Co. Administration Officer Salary - ₹7.8 Lakhs to ₹13.0 Lakhs per year
  • United India Insurance Company Administration Officer Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
  • Kotak Mahindara Life Insurance Administration Officer Salary - ₹3.5 Lakhs to ₹10.8 Lakhs per year
  • Cholamandalam MS General Insurance Administration Officer Salary - ₹2.7 Lakhs to ₹4.1 Lakhs per year
  • ICICI Lombard General Insurance Company Administration Officer Salary - ₹2.4 Lakhs to ₹3.3 Lakhs per year
What is the estimated take home salary of a Administration Officer at The New India Assurance Co. in India?
The estimated take-home salary of a Administration Officer at The New India Assurance Co. ranges between ₹77,022 per month to ₹79,020 per month in India. The take-home salary calculation is based on the average The New India Assurance Co. Administration Officer salary in India which ranges between ₹5.1 Lakhs to ₹16.1 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Administration Officer at The New India Assurance Co.?
According to AmbitionBox, 60% of the The New India Assurance Co. Administration Officers reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 10 responses on AmbitionBox in last 2 years.

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The New India Assurance Co. Administration Officer salary in India ranges between ₹5.1 Lakhs to ₹16.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 24 The New India Assurance Co. latest salaries received from various employees of The New India Assurance Co..