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Universal Sompo General Insurance

3.9
based on 432 Reviews
Video summary

Working at Universal Sompo General Insurance

Company Summary

Universal Sompo is one of the leading general insurance company in india. They offer range of insurance plans including Health, Motor, & Commercial Insurance .

Overall Rating

3.9/5
based on 432 reviews
highly rated categories
On-Par
with industry average
highly rated categories
Highly rated for

Company culture, Work-life balance

Work Policy
Work from office
Work from office
70% employees reported
Alternate Saturday off
Alternate Saturday off
39% employees reported
Strict timing
Strict timing
59% employees reported
Within city
Within city
49% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
Health insurance
28 employees reported
Job/Soft skill training
Job/Soft skill training
18 employees reported
Free meal
Free meal
7 employees reported
Cafeteria
Cafeteria
7 employees reported
View all benefits

About Universal Sompo General Insurance

Founded in2007 (18 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websiteuniversalsompo.com
Primary Industry
Other Industries
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View in video summary
Universal Sompo is a Joint venture of Allahabad Bank, Indian Overseas Bank, Karnataka Bank Limited, Dabur Investments and SompoJapanNipponkoa Insurance Inc. USGIC is having paid up capital of Rs. 368.18 Cr with the Profit of 206.71 Cr with a premium growth of 22.48% in FY 2018-19.The Company is headquartered in Mumbai and has 86 branches and 17 Zonal offices across India. The Company received the Licence and Certificate of Registration from Insurance Regulatory and Development Authority in November 2007.
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Universal Sompo General Insurance Ratings

based on 432 reviews

Overall Rating

3.9/5
How AmbitionBox ratings work?
5
191
4
106
3
57
2
26
1
52

Category Ratings

3.8

Company culture

3.8

Work-life balance

3.7

Job security

3.7

Skill development

3.6

Salary

3.6

Work satisfaction

3.4

Promotions

Universal Sompo General Insurance is rated 3.9 out of 5 stars on AmbitionBox, based on 432 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Universal Sompo General Insurance
based on 416 reviews
3.8
Rated by 53 Women
Rated 3.6 for Skill development and 3.5 for Company culture
3.9
Rated by 363 Men
Rated 3.9 for Work-life balance and 3.8 for Company culture

Work Policy at Universal Sompo General Insurance

based on 49 reviews in last 6 months
Work from office
70%
Hybrid
22%
Permanent work from home
8%

Universal Sompo General Insurance Reviews

Top mentions in Universal Sompo General Insurance Reviews

+ 5 more

Compare Universal Sompo General Insurance with Similar Companies

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Overall Rating
3.9/5
based on 432 reviews
3.7/5
based on 4.5k reviews
3.9/5
based on 2.4k reviews
3.9/5
based on 3.2k reviews
Highly Rated for
Work-life balance
Company culture
No highly rated category
Skill development
Salary
Job security
Work-life balance
Company culture
Critically Rated for
No critically rated category
Promotions
Work satisfaction
No critically rated category
Promotions
Primary Work Policy
Work from office
70% employees reported
Work from office
81% employees reported
Work from office
79% employees reported
Work from office
64% employees reported
Rating by Women Employees
3.8
Good
rated by 53 women
3.5
Good
rated by 993 women
3.6
Good
rated by 383 women
3.8
Good
rated by 588 women
Rating by Men Employees
3.9
Good
rated by 363 men
3.8
Good
rated by 3.3k men
4.0
Good
rated by 1.9k men
4.0
Good
rated by 2.4k men
Job security
3.7
Good
3.7
Good
3.7
Good
3.9
Good
View more

Universal Sompo General Insurance Salaries

Universal Sompo General Insurance salaries have received with an average score of 3.6 out of 5 by 432 employees.

Relationship Manager

(252 salaries)
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₹2 L/yr - ₹6.5 L/yr

Deputy Manager

(52 salaries)
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₹6.3 L/yr - ₹12.5 L/yr

Cluster Sales Manager

(34 salaries)
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₹4.7 L/yr - ₹15.8 L/yr

Branch Manager

(26 salaries)
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₹8 L/yr - ₹14.2 L/yr

Claims Executive

(26 salaries)
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₹2.6 L/yr - ₹4.6 L/yr

Operations Executive

(24 salaries)
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₹1.9 L/yr - ₹4 L/yr

Executive Accountant

(15 salaries)
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₹2.6 L/yr - ₹6.2 L/yr

Software Developer

(15 salaries)
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₹3.3 L/yr - ₹6.2 L/yr

Sales Manager

(13 salaries)
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₹2.1 L/yr - ₹6.5 L/yr

Senior Accounts Executive

(11 salaries)
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₹5.2 L/yr - ₹6.5 L/yr

Compare Universal Sompo General Insurance with

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3.7
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4.1
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4.5
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4.3
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4.2
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3.7
Future Generali India Life Insurance
3.7
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3.8
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3.9
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3.6
MetLife
4.2
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3.9
Digit Insurance
4.0
IndiaFirst Life Insurance
3.9
Edelweiss Life Insurance
3.7
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3.6
Aviva Life Insurance India
3.6
Royal Sundaram General Insurance
4.0
Ageas Federal Life Insurance
3.8
Principal Global Services
4.0
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Universal Sompo General Insurance FAQs

When was Universal Sompo General Insurance founded?
Universal Sompo General Insurance was founded in 2007. The company has been operating for 18 years primarily in the Insurance sector.
Where is the Universal Sompo General Insurance headquarters located?
Universal Sompo General Insurance is headquartered in Mumbai, Maharashtra.
How many employees does Universal Sompo General Insurance have in India?
Universal Sompo General Insurance currently has more than 3,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Universal Sompo General Insurance based on the number of reviews submitted on AmbitionBox.
Does Universal Sompo General Insurance have good work-life balance?
Universal Sompo General Insurance has a Work-Life Balance Rating of 3.8 out of 5 based on 400+ employee reviews on AmbitionBox. 69% employees rated Universal Sompo General Insurance 4 or above, while 31% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Universal Sompo General Insurance work-life balance reviews for more details
Is Universal Sompo General Insurance good for career growth?
Career growth at Universal Sompo General Insurance is rated as moderate, with a promotions and appraisal rating of 3.4. 31% employees rated Universal Sompo General Insurance 3 or below, while 69% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Universal Sompo General Insurance promotions/appraisals reviews for more detailed insights.
What are the pros of working in Universal Sompo General Insurance?
Working at Universal Sompo General Insurance offers several advantages that make it an appealing place for employees. The company is highly rated for company culture and work life balance, based on 400+ employee reviews on AmbitionBox.
Universal Sompo General Insurance Overview
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