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Engaged Employer

Universal Sompo General Insurance

Verified
4.0
based on 454 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

4.0/5
based on 454 reviews
highly rated categories
5% above
industry average
highly rated categories
Highly rated for

Company culture, Job security, Work-life balance

Work Policy
Work from office
Work from office
72% employees reported
Alternate Saturday off
Alternate Saturday off
39% employees reported
Strict timing
Strict timing
57% employees reported
Within city
Within city
48% 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
HCLTech
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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
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.

Universal Sompo General Insurance Ratings

based on 454 reviews

Overall Rating

4.0/5
How AmbitionBox ratings work?
5
205
4
111
3
58
2
26
1
54

Category Ratings

3.9

Company culture

3.8

Job security

3.8

Work-life balance

3.8

Skill development

3.7

Salary

3.7

Work satisfaction

3.5

Promotions

Universal Sompo General Insurance is rated 4.0 out of 5 stars on AmbitionBox, based on 454 company reviews. This rating reflects a generally positive employee experience, indicating 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 438 reviews
4.0
Rated by 64 Women
Rated 3.9 for Skill development and 3.8 for Company culture
4.0
Rated by 374 Men
Rated 3.9 for Work-life balance and 3.9 for Company culture

Work Policy at Universal Sompo General Insurance

based on 73 reviews in last 6 months
Work from office
72%
Hybrid
20%
Permanent work from home
8%

Universal Sompo General Insurance Reviews

Top mentions in Universal Sompo General Insurance Reviews

+ 5 more
Sopra Steria
Success to our employee's well-being? A work-life balance that's simply unbeatable.
Our employees have rated us 4 for Work-Life Balance on AmbitionBox

Compare Universal Sompo General Insurance with Similar Companies

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Overall Rating
4.0/5
based on 454 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
Company culture
Skill development
Work-life balance
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
72% employees reported
Work from office
81% employees reported
Work from office
78% employees reported
Work from office
63% employees reported
Rating by Women Employees
4.0
Good
rated by 64 women
3.5
Good
rated by 1k women
3.6
Good
rated by 388 women
3.8
Good
rated by 594 women
Rating by Men Employees
4.0
Good
rated by 374 men
3.8
Good
rated by 3.3k men
3.9
Good
rated by 1.9k men
4.0
Good
rated by 2.5k men
Job security
3.8
Good
3.7
Good
3.6
Good
3.9
Good
View more

Universal Sompo General Insurance Salaries

Universal Sompo General Insurance salaries have received with an average score of 3.7 out of 5 by 454 employees.

Relationship Manager

(251 salaries)
Unlock
₹2 L/yr - ₹6.5 L/yr

Deputy Manager

(53 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

Software Developer

(16 salaries)
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₹3.3 L/yr - ₹6.2 L/yr

Executive Accountant

(15 salaries)
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₹2.6 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

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4.1
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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. 70% employees rated Universal Sompo General Insurance 4 or above, while 30% 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 fairly well, with a promotions and appraisal rating of 3.5. 70% employees rated Universal Sompo General Insurance 4 or above, while 30% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. 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, job security and skill development, based on 400+ employee reviews on AmbitionBox.
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