Allstate Underwriter Salaries by 7 Employees (Updated 2025)

3 - 8 years exp.

₹4 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

16% less than the average Underwriter Salary in Insurance Companies for 3 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Underwriter Salary 3 - 7 years exp. (4 salaries)	₹4 L/yr - ₹4.6 L/yr
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BFSI, Investments & Trading Underwriter Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹7 L/yr

Last Updated: 20 Feb 2025

Companies similar to Allstate for Underwriter

Company name	Avg Annual Salary	Open Jobs
TCS Underwriter Salary 1 - 7 years exp. (32 salaries)	₹1.8 L/yr - ₹7.5 L/yr 21% less
Wipro Underwriter Salary 1 - 6 years exp. (23 salaries)	₹1.8 L/yr - ₹6 L/yr 18% less
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Infosys Underwriter Salary 2 - 5 years exp. (6 salaries)	₹3.9 L/yr - ₹4.5 L/yr 4% less
HCLTech Underwriter Salary 4 - 10 years exp. (5 salaries)	₹3.1 L/yr - ₹5.8 L/yr 4% less
Cognizant Underwriter Salary 2 - 5 years exp. (7 salaries)	₹3.4 L/yr - ₹8.5 L/yr 17% more
Accenture Underwriter Salary 0 - 4 years exp. (64 salaries)	₹1.5 L/yr - ₹5.5 L/yr 26% less
Capgemini Underwriter Salary 3 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 8% less
Star Health & Allied Insurance Underwriter Salary 0 - 8 years exp. (67 salaries)	₹1.4 L/yr - ₹4.1 L/yr 40% less
ICICI Lombard General Insurance Company Underwriter Salary 0 - 3 years exp. (43 salaries)	₹5 L/yr - ₹10 L/yr 62% more
Tata AIG Underwriter Salary 0 - 5 years exp. (42 salaries)	₹5.2 L/yr - ₹16.1 L/yr 106% more
Iffco Tokio General Insurance Co. Underwriter Salary 2 - 14 years exp. (21 salaries)	₹2.2 L/yr - ₹8.6 L/yr 16% more	1 job opening
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ICICI Prudential Life Insurance Underwriter Salary 0 - 5 years exp. (25 salaries)	₹2.1 L/yr - ₹6 L/yr 6% less
SBI Life Insurance Company Underwriter Salary 1 - 12 years exp. (24 salaries)	₹2.5 L/yr - ₹7.3 L/yr 2% more
HDFC Life Underwriter Salary 0 - 5 years exp. (17 salaries)	₹1.8 L/yr - ₹4.7 L/yr 17% less
Reliance General Insurance Underwriter Salary 0 - 3 years exp. (12 salaries)	₹3 L/yr - ₹8 L/yr 35% more
Gallagher Underwriter Salary 3 - 13 years exp. (10 salaries)	₹9 L/yr - ₹21 L/yr 180% more
Bajaj Allianz Life Insurance Underwriter Salary 1 - 11 years exp. (10 salaries)	₹2.4 L/yr - ₹8 L/yr 9% less
SBI General Insurance Underwriter Salary 0 - 14 years exp. (9 salaries)	₹5 L/yr - ₹14 L/yr 138% more
Aditya Birla Sun Life Insurance Underwriter Salary 0 - 4 years exp. (6 salaries)	₹1.7 L/yr - ₹3.5 L/yr 32% less
Guardian India Underwriter Salary 2 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹4.5 L/yr 36% less

View all

Underwriter salary at Allstate ranges between ₹4 Lakhs to ₹7 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Allstate.

Experience wise Allstate Underwriter salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.6 L/yr
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5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.3 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹7 L/yr

View all

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Deputy Manager Salary

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₹6.2 L/yr - ₹17.8 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Process Associate Salary

(54 salaries)

₹2.05 L/yr - ₹4.2 L/yr

Process Specialist Salary

(32 salaries)

₹5.85 L/yr - ₹9.9 L/yr

Senior Process Associate Salary

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₹2.7 L/yr - ₹6.2 L/yr

Salary related reviews for Allstate

4.0

Rated by 2 employees for salary & benefits

Senior Associate in Bangalore / Bengaluru

Full Time

Legal & Regulatory Department

4.0

• posted on 24 Dec 2024

3.0

for Salary and Benefits

Likes

It feels really awesome as allstate is really different from other companies

Skill development - Excellent

+4 more

Dislikes

Salary hike is very poor, where in a new employee gets a decent hike of 30+% and the employee working from years won't even get 10% properly, it would be really good if employee gets a decent yearly hike like around minimum 20%

Promotions - Poor

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.

Salary - Poor

+6 more

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

Job security - Excellent

+3 more

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.

Salary - Poor

+1 more

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

Job security - Good

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.

Salary - Poor

+2 more

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

Salary - Good

+2 more

Dislikes

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

Work satisfaction - Poor

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Allstate Underwriter Salary FAQs

What is the salary of Underwriter at Allstate ?

The average salary of a Underwriter at Allstate in India typically ranges from ₹4.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Underwriter at Allstate earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Underwriter Salaries at Allstate can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Allstate employees in India.

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

The estimated take-home salary of a Underwriter at Allstate in India typically ranges from ₹33,632 to ₹34,892 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 3 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Allstate. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Allstate for Underwriter in India?

Gallagher	₹9.0 Lakhs to ₹21.0 Lakhs per year
SBI General Insurance	₹5.0 Lakhs to ₹14.0 Lakhs per year
Tata AIG	₹5.2 Lakhs to ₹16.1 Lakhs per year
Tata AIA Life Insurance	₹6.0 Lakhs to ₹10.5 Lakhs per year
ICICI Lombard General Insurance Company	₹5.0 Lakhs to ₹10.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Allstate, depending on the role and experience level.

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

The salary of a Underwriter at companies similar to Allstate in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance General Insurance	₹3.0 Lakhs to ₹8.0 Lakhs per year
Cognizant	₹3.4 Lakhs to ₹8.5 Lakhs per year
Iffco Tokio General Insurance Co.	₹2.2 Lakhs to ₹8.6 Lakhs per year
PNB MetLife	₹2.0 Lakhs to ₹7.0 Lakhs per year
SBI Life Insurance Company	₹2.5 Lakhs to ₹7.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Underwriter at Allstate in India?

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

Experience	Average Salary Range
3 years	₹4.0 Lakhs to ₹4.8 Lakhs per year
4 years	₹1.8 Lakhs to ₹4.6 Lakhs per year
5 years	₹4.6 Lakhs to ₹8.3 Lakhs per year
6 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Allstate Underwriter Salaries

Allstate Underwriter salary in India ranges between ₹4 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Allstate latest salaries received from various employees of Allstate.