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

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SBI General Insurance Underwriting Manager Salary 1 - 13 years exp. (28 salaries)	₹5.8 L/yr - ₹13.5 L/yr 22% less
Tata AIG Underwriting Manager Salary 0 - 6 years exp. (13 salaries)	₹5.2 L/yr - ₹14.5 L/yr 27% less
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Reliance General Insurance Underwriting Manager Salary 0 - 6 years exp. (13 salaries)	₹4.5 L/yr - ₹13.6 L/yr 39% less
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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
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 - 21 years exp. (4 salaries)	₹8.2 L/yr - ₹11.4 L/yr 20% less
Aditya Birla Sun Life Insurance Underwriting Manager Salary 7 - 10 years exp. (4 salaries)	₹10.1 L/yr - ₹13.4 L/yr 12% less
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PNB MetLife Underwriting Manager Salary 2 - 16 years exp. (4 salaries)	₹3.9 L/yr - ₹11.4 L/yr 42% less
XL Catlin Underwriting Manager Salary 14 - 16 years exp. (3 salaries)	₹17.5 L/yr - ₹20 L/yr 47% more

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.

Customer Service Associate in Pune

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 17 Mar 2025

4.0

for Salary and Benefits

Likes

The company offers an excellent work culture, strong job security, and one of the best compensation packages in the industry. The team environment is supportive, and learning opportunities are abundant.

Salary - Good

+5 more

Dislikes

..., unrealistic deadlines, and weak time management make the experience stressful. Additionally, salary increments are too low compared to industry standards, which affects motivation.

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.

see more salary related reviews

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an accounts & finance executive

Seeking Advice on Transitioning from AR to Core Finance Roles

Hi everyone, I’ve been working in Accounts Receivable (AR) for 3 years and am currently pursuing CMA US. I want to transition into core finance roles like financial analysis, FP&A, or corporate finance. Would love to hear from those who’ve made a similar switch—what roles should I target, what salary can I expect, and which companies are good for this move? Any advice or experiences would be really helpful. Thanks in advance! #Finance #AccountsReceivable #CareerTransition #CMAUS #FinancialAnalysis #FP&A #CorporateFinance #JobSearch

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Allianz Services Underwriting Manager Salary FAQs

How the salary growth look like for a Underwriting Manager at Allianz Services in India?

The salary growth for a Underwriting Manager at Allianz Services depends on factors such as experience, performance, and promotions. On average, a Underwriting Manager can expect the following growth trajectory at Allianz Services:

Experience	Average Salary Range
15 years	₹11.0 Lakhs to ₹14.1 Lakhs per year

and so on.

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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.