In today’s competitive job market, understanding the Galaxy Health Insurance salary structure is crucial for job seekers and Galaxy Health Insurance and Allied Services Company employees.
The health insurance sector salary structure for freshers and experienced varies a lot, Galaxy Health Insurance Company Salary in India depends on the profile you are applying for and the years of experience you have.
In this blog post, we will share Galaxy Health Insurance’s average monthly salaries for different profiles, the compensation structure, and the overall benefits package that the Galaxy Health Insurance Company offers to its employees.
Understanding Galaxy Health Insurance
Galaxy Health Insurance is a new player in the Indian health insurance sector, offering a vast range of products and services designed to meet the diverse needs of its clients. With a commitment to providing quality health coverage. The company focuses on employee satisfaction and competitive compensation.
Galaxy Health Insurance Salary Per Month in India.
We have shared the latest job vacancy in Galaxy Heath Insurance and Allied Services in our previous post. Freshers can also apply at Galaxy Health Insurance Freshers Jobs.
When considering a career at Galaxy Health Insurance, one of the most pressing questions is, “What can I expect to earn?”
The salary at Galaxy Health Insurance varies widely depending on the position, level of experience, and location. Here’s a Galaxy Health Insurance Salary Per Month In India for Freshers and Experienced for common roles and their corresponding average monthly salaries:
- Sales Managers with experience of 4 to 5 years at Galaxy Health Insurance typically earn between ₹50,000 to ₹80,000 per month. This role involves supervising sales teams, developing strategies, and meeting the sales budget.
- Claims Adjusters can expect to earn around ₹30,000 to ₹50,000 per month. Their responsibilities include evaluating insurance claims and ensuring that they are processed efficiently.
- Underwriters at Galaxy Health Insurance company generally get the salary between ₹40,000 to ₹100,000 per month. They assess risk and determine the terms of insurance policies.
Galaxy Health Insurance Salary for Fresher
- Customer Service Representative: This entry-level position usually offers salaries ranging from ₹18,000 to ₹22,000 per month for freshers. The key role of the CSR is to assist clients with inquiries and policy details.
- Insurance Sales Executive or Field Sales Executive: This is Front Line sales force, fresher as well as experienced can join the team, salary range is from 18000Rs to 28000Rs per month.
- IT Specialist: IT roles, which are crucial for maintaining the company’s technology infrastructure, can command salaries of ₹60,000 to ₹90,000 per month, depending on expertise and experience.
Factors Influencing Salary in Galaxy Health Insurance in India
Several factors can influence the salary at Galaxy Health Insurance, including:
- Experience Level
- Job Location
- Education and Certifications
- Previous Performance.
| Position | Monthly Salary Range (INR) | Annual Salary Range (INR) |
|---|---|---|
| Claims Handler | ₹25,000 – ₹50,000 | ₹300,000 – ₹600,000 |
| Sales Manager | ₹50,000 – ₹80,000 | ₹600,000 – ₹960,000 |
| Underwriter | ₹40,000 – ₹70,000 | ₹480,000 – ₹840,000 |
| Customer Service Representative | ₹20,000 – ₹30,000 | ₹240,000 – ₹360,000 |
| IT Specialist | ₹60,000 – ₹90,000 | ₹720,000 – ₹1,080,000 |
| Senior Manager Operations | ₹70,000 – ₹80,000 | ₹840,000 – ₹960,000 |
Other Benefits Beyond Salary in Galaxy Health and Allied Services in India
In addition to competitive salaries, Galaxy Health Insurance offers a comprehensive benefits package that enhances the overall compensation for employees.
Some of the key benefits include:
- Employees receive health coverage, which is a significant advantage in the health insurance industry.
- The company offers provident fund contributions and retirement savings plans to help employees prepare for the future.
- Generous vacation and sick leave policies ensure that employees can maintain a healthy work-life balance.
- Galaxy Health Insurance encourages ongoing education and training, providing employees with opportunities to enhance their skills and advance their careers.
- In addition to base salaries, employees may receive performance-based bonuses, which can significantly increase their overall earnings.
Whether you are an experienced professional or a recent fresh graduate, exploring job opportunities at Galaxy Health Insurance could be a significant step towards a rewarding career. As the company continues to expand, the potential for salary growth and career advancement remains promising.
How does the salary for underwriting roles at Galaxy Health Insurance Company compare to other health insurance companies?
The salary range for senior management positions at Galaxy Health Insurance Company typically falls between ₹700,000 to ₹1,500,000 per year, depending on the specific role and experience level.
What are the salary trends for IT professionals at Galaxy Health Insurance Company?
The salary for IT professionals at Galaxy Health Insurance Company is in between ₹60,000 to ₹90,000 per month.
How does Galaxy Health Insurance Company’s salary structure for claims handlers differ from other health insurance companies?
Claims handlers at Galaxy Health Insurance get a salary in range from ₹25,000 to ₹50,000 per month, depending on experience and location.