Allstate Underwriter Salaries by 6 Employees (Updated 2024)

3 - 8 years exp.

₹4.5 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

9% less than the average Underwriter Salary in Insurance Companies for 3 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Underwriter Salary 4 - 7 years exp. (3 salaries)	₹4.5 L/yr - ₹5.1 L/yr
Login to view exact salary
BFSI, Investments & Trading Underwriter Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹7 L/yr

Last Updated: 14 May 2023

Companies similar to Allstate for Underwriter

Company name	Avg Annual Salary	Open Jobs
TCS Underwriter Salary 1 - 8 years exp. (33 salaries)	₹1.8 L/yr - ₹7.5 L/yr 30% less
Wipro Underwriter Salary 1 - 5 years exp. (17 salaries)	₹1.8 L/yr - ₹5.5 L/yr 32% less	1 job opening
Login to view exact salary
Infosys Underwriter Salary 2 - 5 years exp. (6 salaries)	₹3.9 L/yr - ₹4.5 L/yr 11% less
HCLTech Underwriter Salary 4 - 10 years exp. (5 salaries)	₹3.1 L/yr - ₹5.8 L/yr 11% less	2 job openings
Cognizant Underwriter Salary 2 - 5 years exp. (10 salaries)	₹3.4 L/yr - ₹9.5 L/yr 18% more	2 job openings
Accenture Underwriter Salary 0 - 4 years exp. (63 salaries)	₹1.5 L/yr - ₹5.5 L/yr 29% less
Capgemini Underwriter Salary 3 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 15% less
Star Health & Allied Insurance Underwriter Salary 0 - 8 years exp. (62 salaries)	₹1.4 L/yr - ₹4.1 L/yr 47% less
Tata AIG Underwriter Salary 0 - 2 years exp. (50 salaries)	₹5.1 L/yr - ₹15 L/yr 118% more	1 job opening
ICICI Prudential Life Insurance Underwriter Salary 0 - 7 years exp. (33 salaries)	₹2.1 L/yr - ₹6.5 L/yr 10% less
Iffco Tokio General Insurance Co. Underwriter Salary 4 - 16 years exp. (26 salaries)	₹1.7 L/yr - ₹9 L/yr 29% more	1 job opening
Login to view exact salary
SBI Life Insurance Company Underwriter Salary 0 - 12 years exp. (24 salaries)	₹2 L/yr - ₹6.5 L/yr 19% less
HDFC Life Underwriter Salary 0 - 5 years exp. (17 salaries)	₹1.8 L/yr - ₹4.7 L/yr 21% less
Reliance General Insurance Underwriter Salary 0 - 3 years exp. (12 salaries)	₹3 L/yr - ₹8 L/yr 25% more	1 job opening
Bajaj Allianz Life Insurance Underwriter Salary 1 - 6 years exp. (10 salaries)	₹2.4 L/yr - ₹6.5 L/yr 27% less
SBI General Insurance Underwriter Salary 0 - 14 years exp. (9 salaries)	₹5 L/yr - ₹14 L/yr 121% more
Gallagher Underwriter Salary 3 - 13 years exp. (10 salaries)	₹9 L/yr - ₹21 L/yr 184% more
Aditya Birla Sun Life Insurance Underwriter Salary 0 - 4 years exp. (6 salaries)	₹1.7 L/yr - ₹3.5 L/yr 37% less
Canara HSBC Life Insurance Underwriter Salary 3 - 7 years exp. (5 salaries)	₹3.5 L/yr - ₹5 L/yr 4% less
Guardian India Underwriter Salary 2 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹4.1 L/yr 41% less

View all

Underwriter salary at Allstate ranges between ₹4.5 Lakhs to ₹7 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Allstate.

Experience wise Allstate Underwriter salaries

Last Updated: 14 May 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.5 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.7 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹7 L/yr

View all

Similar Designation salaries in Allstate

Analyst Salary

(688 salaries)

₹3 L/yr - ₹9.36 L/yr

Team Lead Salary

(146 salaries)

₹8 L/yr - ₹24.2 L/yr

Underwriting Analyst Salary

(4 salaries)

₹4 L/yr - ₹8.3 L/yr

Senior Associate Salary

(887 salaries)

₹2.8 L/yr - ₹8.25 L/yr

Senior Analyst Salary

(93 salaries)

₹3.5 L/yr - ₹8.15 L/yr

Deputy Manager Salary

(3 salaries)

₹6.2 L/yr - ₹17.8 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Process Associate Salary

(56 salaries)

₹2.4 L/yr - ₹4.55 L/yr

Process Specialist Salary

(27 salaries)

₹6.1 L/yr - ₹9.48 L/yr

Senior Process Associate Salary

(40 salaries)

₹2.7 L/yr - ₹6.2 L/yr

Salary related reviews for Allstate

4.1

Rated by 2 employees for salary & benefits

Team Lead in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 26 May 2023

2.0

for Salary and Benefits

Likes

Horrible place to work. They may advertise as great place to work. However, you will only biasness to the core of every promotion/band progression. They will not be ashamed to promote people by cheating in the important certifications for the promotions. Also, the management is so horrible that they will only and only promote one specific religion-based people who can't speak two correct sentences of English. You will be shocked to see the diversity in management as they only promote what we call as "Chaploose" to the height that senior managers are reclessly moved out of the Team if not fitting into their personal ego fulfillment. This is the worst decision of my work carrier and make sure if you are not the one who can carry tiffin bags , laptop bags, give door service and out of working hours service to your supervisor then this is not the place for you.

Dislikes

...ffin bags, laptop bags , giving door service then this is not the place for you. You will npt be able to survive and since they pay you goos enumeration you will n ot easilyh be able to find another job outside.

Senior Associate in Pune

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 22 Jun 2023

2.0

for Salary and Benefits

Likes

I like about the work environment

Dislikes

As I observed they do not promote employees who has worked from last 6- 7 years. Previously salary structure of this company was great but now they dont pay upto the mark.

Senior Associate in Pune

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 15 Sep 2023

2.0

for Salary and Benefits

Likes

Good in terms of job security

Dislikes

Bad appraisals and salary and benefits, poor promotions and band progressions, maintainance of work flow tool kills productivity and makes your 9 hours shift upto 12hours.

Senior Associate in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 16 Dec 2022

4.0

for Salary and Benefits

Likes

Free transport ,Good salary , goodies, team outing , Good learning in some teams , no much politics All are friendly and helpful since they are here since years

Dislikes

Actually IJP not so easy here , u can't switch technology easily

Process Associate in Pune

Customer Success, Service & Operations Department

2.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

Allstate has changed negatively after covid. Also on very less salary they expect employees to work more than capacity. Culture is good, no pressure but they don't really assign teams as per skill sets and capabilities.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about Allstate?

Ask anonymously on communities.

Allstate Underwriter Salary FAQs

What is the salary of Underwriter at Allstate?

Underwriter salary at Allstate in India ranges between ₹4.5 Lakhs to ₹7.0 Lakhs for experience between 3 years to 8 years. According to our estimates it is 9% less than the average Underwriter Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Allstate India.

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

The average salary of a Underwriter at Allstate is 9% less than the average salary of a Underwriter in India. To know exact salary insights, login to view.

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

Gallagher Underwriter Salary - ₹9.0 Lakhs to ₹21.0 Lakhs per year
SBI General Insurance Underwriter Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Tata AIG Underwriter Salary - ₹5.1 Lakhs to ₹15.0 Lakhs per year
Tata AIA Life Insurance Underwriter Salary - ₹9.0 Lakhs to ₹10.5 Lakhs per year
Iffco Tokio General Insurance Co. Underwriter Salary - ₹1.7 Lakhs to ₹9.0 Lakhs per year

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

Reliance General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
Cognizant Underwriter Salary - ₹3.4 Lakhs to ₹9.5 Lakhs per year
PNB MetLife Underwriter Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
Canara HSBC Life Insurance Underwriter Salary - ₹3.5 Lakhs to ₹5.0 Lakhs per year
ICICI Prudential Life Insurance Underwriter Salary - ₹2.1 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a Underwriter at Allstate ranges between ₹36,501 per month to ₹37,718 per month in India. The take-home salary calculation is based on the average Allstate Underwriter salary in India which ranges between ₹4.5 Lakhs to ₹7.0 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at Allstate?

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

Tell us how to improve this page.

Home >
Salaries >
Allstate Salaries >
Allstate Underwriter Salaries

Allstate Underwriter salary in India ranges between ₹4.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Allstate latest salaries received from various employees of Allstate.