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Universal Sompo General Insurance Claims Executive salaries in India

Annual salary range
2 - 10 years exp.
₹2.6 Lakhs - ₹4.6 Lakhs
Salary of majority employees
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25% more than the average Claims Executive Salary in Insurance Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Claims Executive Salary
2 - 10 years exp. (17 salaries)
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₹2.7 L/yr - ₹4.6 L/yr

Customer Success, Service & Operations
Claims Executive Salary
5 - 6 years exp. (7 salaries)
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₹2.6 L/yr - ₹4.5 L/yr

Last Updated: 25 Dec 2024

Companies similar to Universal Sompo General Insurance for Claims Executive

Company name Avg Annual Salary Open Jobs
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Medi Assist India Claims Executive Salary

0 - 8 years exp. (203 salaries)

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₹1.2 L/yr - ₹4.3 L/yr

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₹1.4 L/yr - ₹3.7 L/yr

arrow icon 35% less
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Family Health Plan Claims Executive Salary

0 - 4 years exp. (97 salaries)

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₹1.4 L/yr - ₹2.8 L/yr

arrow icon 39% less
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₹1.5 L/yr - ₹3.5 L/yr

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₹2 L/yr - ₹3.7 L/yr

arrow icon 8% less
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₹1.8 L/yr - ₹5.3 L/yr

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₹2.2 L/yr - ₹3.9 L/yr

arrow icon 8% less
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₹2.6 L/yr - ₹4 L/yr

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₹2 L/yr - ₹5 L/yr

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₹2.1 L/yr - ₹5.5 L/yr

arrow icon 7% more
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Allianz Partners Claims Executive Salary

2 - 6 years exp. (4 salaries)

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₹3 L/yr - ₹4.5 L/yr

arrow icon 7% more
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₹2.8 L/yr - ₹5 L/yr

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Axa XL Claims Executive Salary

0 - 4 years exp. (3 salaries)

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₹3.2 L/yr - ₹5.5 L/yr

arrow icon 31% more
Claims Executive salary at Universal Sompo General Insurance ranges between ₹2.6 Lakhs to ₹4.6 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 26 latest salaries received from various employees of Universal Sompo General Insurance.

Latest annual salaries shared by Universal Sompo General Insurance Claims Executive

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Experience wise Universal Sompo General Insurance Claims Executive salaries

Last Updated: 25 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹5.6 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.5 L/yr
5 years  (6 salaries)

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₹2.6 L/yr - ₹4.5 L/yr
6 years  (6 salaries)

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₹2.6 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in Universal Sompo General Insurance

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₹4.3 L/yr - ₹7 L/yr
Claims Officer Salary
(AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr
Claims Associate Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
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₹2.8 L/yr - ₹5.25 L/yr
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₹2.1 L/yr - ₹5 L/yr
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₹2.75 L/yr - ₹4.17 L/yr
Team Lead Salary
(5 salaries)
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₹2.7 L/yr - ₹7 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
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₹4.4 L/yr - ₹6.2 L/yr

Salary related reviews for Universal Sompo General Insurance

2.9

Rated by 7 employees for salary & benefits

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

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

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.

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Dislikes

Anything except salary and friends

  • Job security - Bad
  • +4 more

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.

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Sales & Business Development Department

5.0
  •  posted on 06 May 2021

4.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Good
  • +6 more

Dislikes

The employees don't get the local conveyance so it should be provided.

see more salary related reviews

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Universal Sompo General Insurance Claims Executive Salary FAQs

What is the salary of Claims Executive at Universal Sompo General Insurance ?
The average salary of a Claims Executive at Universal Sompo General Insurance in India typically ranges from ₹2.6 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Claims Executive at Universal Sompo General Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Claims Executive Salaries at Universal Sompo 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 20+ Universal Sompo General Insurance employees in India.
What is the estimated take home salary of a Claims Executive at Universal Sompo General Insurance in India?
The estimated take-home salary of a Claims Executive at Universal Sompo General Insurance in India typically ranges from ₹25,512 to ₹26,943 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from 2 years 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 20+ salaries received from various employees of Universal Sompo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Universal Sompo General Insurance for Claims Executive in India?
Axa XL ₹3.2 Lakhs to ₹5.5 Lakhs per year
Royal Sundaram General Insurance ₹1.8 Lakhs to ₹5.3 Lakhs per year
Allianz Partners ₹3.0 Lakhs to ₹4.5 Lakhs per year
Liberty General Insurance ₹2.1 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Universal Sompo General Insurance, depending on the role and experience level.
What is the salary of a Claims Executive in companies similar to Universal Sompo General Insurance in India?
The salary of a Claims Executive at companies similar to Universal Sompo General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Future Generali India Life Insurance ₹2.6 Lakhs to ₹4.0 Lakhs per year
ManipalCigna Health Insurance ₹2.8 Lakhs to ₹5.0 Lakhs per year
Bharti AXA Life Insurance ₹2.0 Lakhs to ₹5.0 Lakhs per year
Cholamandalam MS General Insurance ₹2.0 Lakhs to ₹3.7 Lakhs per year
Aditya Birla Health Insurance Co ₹2.2 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 Claims Executive at Universal Sompo General Insurance in India?
The salary growth for a Claims Executive at Universal Sompo General Insurance depends on factors such as experience, performance, and promotions. On average, a Claims Executive can expect the following growth trajectory at Universal Sompo General Insurance:

Experience Average Salary Range
2 years ₹2.7 Lakhs to ₹5.6 Lakhs per year
3 years ₹3.2 Lakhs to ₹5.8 Lakhs per year
4 years ₹1.3 Lakhs to ₹3.5 Lakhs per year
5 years ₹2.6 Lakhs to ₹4.5 Lakhs per year
and so on.

Tell us how to improve this page.

Universal Sompo General Insurance Claims Executive salary in India ranges between ₹2.6 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 26 Universal Sompo General Insurance latest salaries received from various employees of Universal Sompo General Insurance.