Allianz Services Underwriting Manager Salaries by 2 Employees (Updated 2025)

15 - 18 years exp.

₹11 Lakhs - ₹14.1 Lakhs

Low Confidence

Salary of majority employees

Fixed (92%)

₹11.6 Lakhs

Variable (8%)

₹1.0 Lakh

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Last Updated: 13 Feb 2025

Companies similar to Allianz Services for Underwriting Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Underwriting Manager Salary 1 - 17 years exp. (9 salaries)	₹5.8 L/yr - ₹14.5 L/yr 29% less
HDFC Life Underwriting Manager Salary 12 - 17 years exp. (5 salaries)	₹9.7 L/yr - ₹18.5 L/yr 2% more
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Bajaj Allianz General Insurance Underwriting Manager Salary 10 - 17 years exp. (5 salaries)	₹17 L/yr - ₹22 L/yr 55% more
Reliance General Insurance Underwriting Manager Salary 0 - 6 years exp. (13 salaries)	₹4.5 L/yr - ₹13.6 L/yr 39% less
Axis Max Life Insurance Underwriting Manager Salary 5 - 14 years exp. (3 salaries)	₹8.5 L/yr - ₹10 L/yr 25% less
SBI General Insurance Underwriting Manager Salary 7 - 15 years exp. (26 salaries)	₹5.8 L/yr - ₹13.5 L/yr 14% less
Tata AIG Underwriting Manager Salary 0 - 6 years exp. (13 salaries)	₹5.2 L/yr - ₹14.5 L/yr 27% less
Tata AIA Life Insurance Underwriting Manager Salary 12 - 18 years exp. (7 salaries)	₹7.8 L/yr - ₹18 L/yr 2% less
Cholamandalam MS General Insurance Underwriting Manager Salary 4 - 13 years exp. (7 salaries)	₹4.4 L/yr - ₹11.9 L/yr 37% less
Iffco Tokio General Insurance Co. Underwriting Manager Salary 8 - 21 years exp. (7 salaries)	₹8 L/yr - ₹12 L/yr 25% less
Gallagher Underwriting Manager Salary 7 - 10 years exp. (5 salaries)	₹12 L/yr - ₹13 L/yr At par
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Aditya Birla Health Insurance Co Underwriting Manager Salary 9 - 11 years exp. (5 salaries)	₹8.2 L/yr - ₹10.5 L/yr 23% less
SBI Life Insurance Company Underwriting Manager Salary 1 - 14 years exp. (5 salaries)	₹8 L/yr - ₹11 L/yr 24% less
Canara HSBC Life Insurance Underwriting Manager Salary 8 - 20 years exp. (4 salaries)	₹8.2 L/yr - ₹18 L/yr 3% more
Aditya Birla Sun Life Insurance Underwriting Manager Salary 7 - 10 years exp. (4 salaries)	₹10.1 L/yr - ₹13.4 L/yr 12% less
PNB MetLife Underwriting Manager Salary 2 - 16 years exp. (4 salaries)	₹3.9 L/yr - ₹11.4 L/yr 42% less

Underwriting Manager salary at Allianz Services ranges between ₹11 Lakhs to ₹14.1 Lakhs per year for employees with experience between 15 years to 18 years. Salary estimates are based on 2 latest salaries received from various employees of Allianz Services.

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Salary related reviews for Allianz Services

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

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Allianz Services Underwriting Manager Salary FAQs

What is the notice period for Underwriting Manager at Allianz Services?

According to AmbitionBox, 100% of the Allianz Services Underwriting Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Allianz Services Underwriting Manager Salaries

Allianz Services Underwriting Manager salary in India ranges between ₹11 Lakhs to ₹14.1 Lakhs. This is an estimate based on latest salaries received from employees of Allianz Services.