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This company page is being actively managed by Universal Sompo General Insurance Team. If you also belong to the team, you can get access from here

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3.9

based on 430 Reviews

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Universal Sompo General Insurance Claim Processor salaries in Mumbai

Annual salary range
1 - 11 years exp.
₹3.6 Lakhs - ₹5 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.
Avg. annual salary
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Monthly In-hand Salary

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54% more than the average Claim Processor Salary in Insurance Companies for 1 - 11 years of experience

Interested in this particular role?

Last Updated: 7 Jan 2024

Companies similar to Universal Sompo General Insurance for Claim Processor in Mumbai

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Universal Sompo General Insurance Claim Processor Salary

1 - 11 years exp. (3 salaries)
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₹3.6 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Medi Assist India Claim Processor Salary

1 - 7 years exp. (8 salaries)
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₹2.3 L/yr - ₹5 L/yr

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Aditya Birla Health Insurance Co Claim Processor Salary

0 - 9 years exp. (3 salaries)
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₹3 L/yr - ₹4.5 L/yr

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Accenture Claim Processor Salary

1 - 5 years exp. (41 salaries)
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₹1.2 L/yr - ₹3.3 L/yr

arrow icon 42% less
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HGS Claim Processor Salary

1 - 5 years exp. (15 salaries)
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₹1.8 L/yr - ₹3.6 L/yr

arrow icon 39% less
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Sagility Claim Processor Salary

1 - 3 years exp. (13 salaries)
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₹1.6 L/yr - ₹3 L/yr

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Claim Processor salary at Universal Sompo General Insurance ranges between ₹3.6 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 3 latest salaries received from various employees of Universal Sompo General Insurance.

Latest annual salaries shared by Universal Sompo General Insurance Claim Processor in Mumbai

1y ago
₹5 Lakhs
10 years exp.
1y ago
₹4.5 Lakhs
11 years exp.

Experience wise Universal Sompo General Insurance Claim Processor salaries in Mumbai

Last Updated: 7 Jan 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
10 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
11 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Universal Sompo General Insurance

Deputy Manager Salary
(23 salaries)
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₹7 L/yr - ₹12.15 L/yr
MIS Executive Salary
(5 salaries)
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₹3.5 L/yr - ₹3.8 L/yr

Top skills at Universal Sompo General Insurance for Claim Processor

Claims General Insurance Claims Processing Claims Management Health Insurance Claim Settlement Claims Adjudication TPA Insurance Broking

Salary related reviews for Universal Sompo General Insurance

Relationship Manager in Guwahati

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 22 Feb 2023
3.0
 for  Salary and Benefits

Likes

...one month later senior management used to call will fire you, will give lwp etc. You cannot expect anything rather than salary on time. No notice period negotiable policy. Very poor work life balance.

read more

Dislikes

Anything except salary and friends

  • Job security - Bad
    • +4 more

Deputy Manager in Andheri

BFSI, Investments & Trading Department

1.0
  •  posted on 19 Apr 2022
1.0
 for  Salary and Benefits

Likes

Not so much.

Dislikes

Horrible culture. Compensation is horrible. Not enough growth to learn. No new activities. The CIO has zero leadership quality. Unethical behaviour, only think abt himselves no team meeting with any team members during lockdown. Not a great company to look at.

read more
  • Salary - Bad
    • +5 more

Relationship Manager in Raghunathganj

Finance & Accounting Department

5.0
  •  posted on 28 Aug 2018
4.0
 for  Salary and Benefits

Likes

The company is open to innovation and reaily adopts latest technology. I love the fact that I am a part of a team that makes reliable.

read more
  • Salary - Good
    • +6 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes,. I have to work 14-18 hours straight in a days as I have to attend clint calls in the evening and sometimes late into the night.

read more

Assistant Manager in Navi Mumbai

BFSI, Investments & Trading Department

5.0
  •  posted on 20 Jun 2022
5.0
 for  Salary and Benefits

Likes

I have learnt a lot in USGI like skill development, good environment to work, supportive mangement .

  • Salary - Excellent
    • +6 more

Dislikes

There is a lot of politics from last 1 year and management doesn't address our issue, salary is decent but career growth is slow.

read more

Claims Executive in Lucknow

BFSI, Investments & Trading Department

3.0
  •  posted on 26 Jun 2021
2.0
 for  Salary and Benefits

Likes

good company with supportive team but appraisals are not fair very nominal hike in compare to work load

Dislikes

there is lot of politics and crabculture in here no job training is given to new joinees salary is fair but no growth in carrier

read more
  • Salary - Poor
    • +5 more
see more salary related reviews

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1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Universal Sompo General Insurance Claim Processor Salary FAQs

How the salary growth look like for a Claim Processor at Universal Sompo General Insurance in Mumbai?
The salary growth for a Claim Processor at Universal Sompo General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Claim Processor in Mumbai can expect the following growth trajectory at Universal Sompo General Insurance:

Experience Average Salary Range
1 year ₹3.2 Lakhs to ₹4.1 Lakhs per year
10 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
11 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
and so on.

Tell us how to improve this page.

Universal Sompo General Insurance Claim Processor salary in Mumbai ranges between ₹3.6 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Universal Sompo General Insurance latest salaries received from various employees of Universal Sompo General Insurance.