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Universal Sompo General Insurance

Q: When was Universal Sompo General Insurance founded?

Universal Sompo General Insurance was founded in 2007. The company has been operating for 17 years primarily in the Insurance sector .

Q: Where is the Universal Sompo General Insurance headquarters located?

Universal Sompo General Insurance is headquartered in Mumbai, Maharashtra.

Q: 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.

Q: Does Universal Sompo General Insurance have good work-life balance?

Universal Sompo General Insurance has a Work-Life Balance Rating of 3.7 out of 5 based on 400+ employee reviews on AmbitionBox. 68% employees rated Universal Sompo General Insurance 4 or above, while 32% 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

Q: 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 3.3. 32% employees rated Universal Sompo General Insurance 3 or below, while 68% 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.

Q: What are the cons of working in Universal Sompo General Insurance?

Working at Universal Sompo General Insurance does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal , based on 400+ employee reviews on AmbitionBox.

3.8

based on 413 Reviews

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Company Overview

Company Locations

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

3.8/5

based on 413 reviews

27% above

industry average

Critically rated for

Promotions/Appraisal

Key Factors to Consider

3.5

Salary & Benefits

3.6

Job Security

3.7

Work-Life Balance

View all category ratings

Work Policy

Work from office

76% employees reported

Alternate Saturday off

40% employees reported

Strict timing

58% employees reported

Within city

47% employees reported

View detailed work policy

Top Employees Benefits

Health insurance

28 employees reported

Job/Soft skill training

18 employees reported

Free meal

7 employees reported

Cafeteria

7 employees reported

View all benefits

About Universal Sompo General Insurance

Founded in2007 (17 yrs old)

India Employee Count1k-5k

Global Employee Count1k-5k

India HeadquartersMumbai, Maharashtra, India

Office Locations

Websiteuniversalsompo.com

Primary Industry

Insurance

Other Industries

Financial Services

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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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