Allianz Services Underwriter Salaries by 5 Employees (Updated 2025)

4 - 8 years exp.

₹5.5 Lakhs - ₹7.9 Lakhs

Low Confidence

Salary of majority employees

25% more than the average Underwriter Salary in Insurance Companies for 4 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriter Salary 5 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.5 L/yr
Finance & Accounting Underwriter Salary 5 years exp. (AmbitionBox Estimate)	₹7.1 L/yr - ₹8.6 L/yr
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Risk Management & Compliance Underwriter Salary 8 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 21 Oct 2024

Companies similar to Allianz Services for Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Underwriter Salary 0 - 3 years exp. (43 salaries)	₹3.7 L/yr - ₹9.5 L/yr 6% more
HDFC Life Underwriter Salary 0 - 5 years exp. (15 salaries)	₹1.8 L/yr - ₹4.7 L/yr 41% less
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TCS Underwriter Salary 1 - 7 years exp. (31 salaries)	₹1.8 L/yr - ₹7.5 L/yr 48% less
Infosys Underwriter Salary 2 - 5 years exp. (6 salaries)	₹3.9 L/yr - ₹4.5 L/yr 35% less
Wipro Underwriter Salary 1 - 5 years exp. (20 salaries)	₹1.8 L/yr - ₹5.5 L/yr 51% less	1 job opening
HCLTech Underwriter Salary 4 - 10 years exp. (5 salaries)	₹3.1 L/yr - ₹5.8 L/yr 35% less	1 job opening
Bajaj Allianz General Insurance Underwriter Salary 2 - 10 years exp. (11 salaries)	₹1 L/yr - ₹5.7 L/yr 45% less	3 job openings
Reliance General Insurance Underwriter Salary 0 - 3 years exp. (12 salaries)	₹3 L/yr - ₹8 L/yr 9% less
Max Life Insurance Underwriter Salary 1 - 5 years exp. (11 salaries)	₹2.1 L/yr - ₹3.1 L/yr 64% less
Tata AIG Underwriter Salary 0 - 5 years exp. (38 salaries)	₹5.2 L/yr - ₹17.4 L/yr 49% more
Iffco Tokio General Insurance Co. Underwriter Salary 4 - 16 years exp. (26 salaries)	₹1.7 L/yr - ₹9 L/yr 6% less	1 job opening
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SBI Life Insurance Company Underwriter Salary 0 - 10 years exp. (24 salaries)	₹2 L/yr - ₹6.7 L/yr 41% less
Gallagher Underwriter Salary 2 - 13 years exp. (11 salaries)	₹5.2 L/yr - ₹20.7 L/yr 75% more
Cholamandalam MS General Insurance Underwriter Salary 0 - 9 years exp. (10 salaries)	₹2 L/yr - ₹9.9 L/yr 19% less
SBI General Insurance Underwriter Salary 0 - 14 years exp. (9 salaries)	₹5 L/yr - ₹14 L/yr 61% more
Bajaj Allianz Life Insurance Underwriter Salary 1 - 11 years exp. (10 salaries)	₹2.4 L/yr - ₹8 L/yr 39% less
Allstate Underwriter Salary 3 - 8 years exp. (6 salaries)	₹4.5 L/yr - ₹7 L/yr 26% less
Aditya Birla Sun Life Insurance Underwriter Salary 0 - 4 years exp. (6 salaries)	₹1.7 L/yr - ₹3.5 L/yr 54% less
AXA Business Services Underwriter Salary 6 - 12 years exp. (5 salaries)	₹3.5 L/yr - ₹5.7 L/yr 31% less	1 job opening
Canara HSBC Life Insurance Underwriter Salary 3 - 5 years exp. (4 salaries)	₹3.7 L/yr - ₹5 L/yr 33% less	1 job opening

View all

Underwriter salary at Allianz Services ranges between ₹5.5 Lakhs to ₹7.9 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Allianz Services.

Experience wise Allianz Services Underwriter salaries

Last Updated: 21 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹10.9 L/yr
5 years (3 salaries)	₹5.5 L/yr - ₹7.9 L/yr
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6 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.1 L/yr

Similar Designation salaries in Allianz Services

Senior Underwriter Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Analyst Salary

(7 salaries)

₹3.65 L/yr - ₹4.4 L/yr

Underwriting Manager Salary

(AmbitionBox Estimate)

₹11 L/yr - ₹14 L/yr

Team Lead Salary

(8 salaries)

₹4.9 L/yr - ₹5.85 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Senior Associate Salary

(76 salaries)

₹2.65 L/yr - ₹6.6 L/yr

Senior Analyst Salary

(24 salaries)

₹5.2 L/yr - ₹16 L/yr

Deputy Manager Salary

(34 salaries)

₹8 L/yr - ₹15.65 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Allianz Services

3.7

Rated by 2 employees for salary & benefits

Deputy Manager in Thiruvananthapuram

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 23 Oct 2024

2.0

for Salary and Benefits

Likes

Allianz Services was a greatplace however there were quite lot of infiltrations from third party call centre and their thuglaq decisions spoilt eveything

Dislikes

Pathetic Management Less Compensation Biassed Decisions Favoritism

Salary - Poor

+5 more

Insurance Operations Expert in Thiruvananthapuram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 28 Jul 2024

3.0

for Salary and Benefits

Likes

Allianz have a good work culture. It celebrates every festivities and are active on culture events. The job security is the most disgusting feature in Allianz.

Skill development - Good

+4 more

Dislikes

Salary package is not upto market standards. When comparing Allianz employees are getting paid less. Micro management is very much evident within team's.

Assistant Manager O&M in Thiruvananthapuram

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 30 Jun 2024

3.0

for Salary and Benefits

Likes

Allianz is truly great company securing each employee's career and life. Company provide immense focus on employee upskilling and wellbeing. Always keen to drive for business outcomes without pushing employees so much.

Skill development - Excellent

+5 more

Dislikes

Salary package is not so competent to bring everyone onto same band doing similar role. Little bit of favouritism still exists.

Deputy Team Leader in Thiruvananthapuram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 23 Aug 2022

3.0

for Salary and Benefits

Likes

Skill Development, Job security and work life balance.

Skill development - Good

+5 more

Dislikes

As per the market standard Salary is too low for senior employees who is with the organisation for a long time. They don't even consider giving market correction as well.

Expert Insurance Operations in Pune

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 21 Apr 2022

5.0

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.

Salary - Excellent

+6 more

Dislikes

Career growth is slow

see more salary related reviews

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Allianz Services Underwriter Salary FAQs

What is the salary of Underwriter at Allianz Services?

Underwriter salary at Allianz Services in India ranges between ₹5.5 Lakhs to ₹7.9 Lakhs for experience between 4 years to 8 years. According to our estimates it is 25% more than the average Underwriter Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Allianz Services India.

How does the salary of a Underwriter at Allianz Services India compare with the average salary range for this job?

The average salary of a Underwriter at Allianz Services is 25% more than the average salary of a Underwriter in India. To know exact salary insights, login to view.

Which similar companies are paying more than Allianz Services to a Underwriter in India?

Gallagher Underwriter Salary - ₹5.2 Lakhs to ₹20.7 Lakhs per year
SBI General Insurance Underwriter Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Tata AIG Underwriter Salary - ₹5.2 Lakhs to ₹17.4 Lakhs per year
Tata AIA Life Insurance Underwriter Salary - ₹6.0 Lakhs to ₹10.5 Lakhs per year
ICICI Lombard General Insurance Company Underwriter Salary - ₹3.7 Lakhs to ₹9.5 Lakhs per year

What is the salary of a Underwriter in companies similar to Allianz Services in India?

Iffco Tokio General Insurance Co. Underwriter Salary - ₹1.7 Lakhs to ₹9.0 Lakhs per year
Reliance General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
Cholamandalam MS General Insurance Underwriter Salary - ₹2.0 Lakhs to ₹9.9 Lakhs per year
PNB MetLife Underwriter Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
Allstate Underwriter Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Underwriter at Allianz Services in India?

The estimated take-home salary of a Underwriter at Allianz Services ranges between ₹51,081 per month to ₹52,286 per month in India. The take-home salary calculation is based on the average Allianz Services Underwriter salary in India which ranges between ₹5.5 Lakhs to ₹7.9 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at Allianz Services?

According to AmbitionBox, 75% of the Allianz Services Underwriters reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Allianz Services Underwriter Salaries

Allianz Services Underwriter salary in India ranges between ₹5.5 Lakhs to ₹7.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Allianz Services latest salaries received from various employees of Allianz Services.