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Bajaj Allianz General Insurance Assistant Manager Underwriting salaries in India

Annual salary range
4 - 15 years exp.
₹6.5 Lakhs - ₹9 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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16% more than the average Assistant Manager Underwriting Salary in Insurance Companies for 4 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Underwriting Salary
11 - 15 years exp. (3 salaries)
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₹7.4 L/yr - ₹9 L/yr

Healthcare & Life Sciences
Assistant Manager Underwriting Salary
4 - 6 years exp. (3 salaries)
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₹6.5 L/yr - ₹9 L/yr

Last Updated: 23 Aug 2023

Companies similar to Bajaj Allianz General Insurance for Assistant Manager Underwriting

Company name Avg Annual Salary Open Jobs
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₹5.1 L/yr - ₹7.2 L/yr

arrow icon 21% less
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₹5.1 L/yr - ₹7.8 L/yr

arrow icon 5% less
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₹4.8 L/yr - ₹6.2 L/yr

arrow icon 27% less
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₹6.4 L/yr - ₹11.5 L/yr

arrow icon 26% more
2 job openings
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₹3 L/yr - ₹5 L/yr

arrow icon 45% less
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₹5.3 L/yr - ₹9 L/yr

arrow icon 5% less
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₹6.5 L/yr - ₹6.6 L/yr

arrow icon 13% less
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₹6.5 L/yr - ₹6.9 L/yr

arrow icon 10% less
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₹4.8 L/yr - ₹5.6 L/yr

arrow icon 31% less
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₹5.7 L/yr - ₹8.2 L/yr

arrow icon 1% less
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₹5.5 L/yr - ₹7 L/yr

arrow icon 13% less
Assistant Manager Underwriting salary at Bajaj Allianz General Insurance ranges between ₹6.5 Lakhs to ₹9 Lakhs per year for employees with experience between 4 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of Bajaj Allianz General Insurance.

Latest annual salaries shared by Bajaj Allianz General Insurance Assistant Manager Underwriting

1y ago
₹7.4 Lakhs
12 years exp.
1y ago
₹9 Lakhs
6 years exp.
1y ago
₹7.4 Lakhs
11 years exp.
1y ago
₹7 Lakhs
5 years exp.
1y ago
₹6.5 Lakhs
4 years exp.
1y ago
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4 years exp.
1y ago
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15 years exp.

Experience wise Bajaj Allianz General Insurance Assistant Manager Underwriting salaries

Last Updated: 23 Aug 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹13.3 L/yr
5 years (AmbitionBox Estimate)

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₹7 L/yr - ₹13.3 L/yr
6 years (AmbitionBox Estimate)

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₹3 L/yr - ₹9 L/yr
7 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.6 L/yr
View all

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₹1.65 L/yr - ₹6.5 L/yr
Cluster Head Salary
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₹6.3 L/yr - ₹18 L/yr
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₹2.6 L/yr - ₹7 L/yr
Cluster Manager Salary
(34 salaries)
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₹4.21 L/yr - ₹17.18 L/yr
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₹3 L/yr - ₹4.1 L/yr
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₹2 L/yr - ₹4.4 L/yr
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₹1.7 L/yr - ₹6 L/yr
Regional Head Salary
(23 salaries)
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₹13 L/yr - ₹36.7 L/yr
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₹4.8 L/yr - ₹6.1 L/yr
Agency Manager Salary
(16 salaries)
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₹3.45 L/yr - ₹6.5 L/yr

Salary related reviews for Bajaj Allianz General Insurance

Bancassurance Channel Department

5.0
  •  posted on 16 Jun 2019

4.0
 for  Salary and Benefits

Likes

... different banks . We got the Best environment to work a mental stress free job. And specially the company never stops anybody's salary , remunerations etc. We get many good opportunity to learn new things and implement the same on the required places.

read more
  • Salary - Good
  • +5 more

Dislikes

Compensation is decent but the growth is slow. Managers do not value the individual's unique strengths at the time of increments.

read more

BFSI, Investments & Trading Department

4.0
  •  posted on 13 Aug 2019

3.0
 for  Salary and Benefits

Likes

Excellent work atmosphere, One of the good brand, Employees benefits are paid on time, excellent service to customers , Excellent career growth.

read more
  • Skill development - Good
  • +4 more

Dislikes

There is no any negative thing in Bajaj Allianz General Insurance Co Ltd.

  • Job security - Poor

Full Time

 · 

Other Department

1.0
  •  posted on 27 Feb 2025

5.0
 for  Salary and Benefits

Likes

1. Process and Applications 2. Salary on time 3.You Can Apply Advance Salary(if Required) 4. Zonal Hr(Ipshita Ma'am) so Helpful, Other Hr just following management order just like puppet. 5.Banca Channels are good.

read more
  • Salary - Excellent

Dislikes

1. Retail Team has worst Culture Specially in Kolkata Zone. 2. No Work life balance. 3. Don't in Susanta Bose and Prakash Gupta's Team(if you don't want to Destroy your career) 4.terrible micro management culture. 5.Leave Managements are poor. 6.Zero Work life Balance. 7. Zero Job Security,they even issue PIP after Regisn. Bekar Management Policies, Retail Channel meh jana maat,Specially Channel like Growth Markets

read more
  • Job security - Bad
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 10 Feb 2025

5.0
 for  Salary and Benefits

Likes

Company environment, salary, also other department very supportive, friendly environment also all festival are celebrated there.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Hr not taking action against loyal or hardworking peoples when they was complaining against the exact issue.. they just ignore employees complaint because of management.

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 06 Jan 2025

4.0
 for  Salary and Benefits

Likes

Several opportunities and with in time salary for each and everyone.

  • Salary - Good
  • +3 more

Dislikes

Worst work life balance that I ever seen and experienced in bajaj motor claim department. And for me that's the main thing for a human being.

read more
  • Work-life balance - Bad
see more salary related reviews

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Bajaj Allianz General Insurance Assistant Manager Underwriting Salary FAQs

What is the salary of Assistant Manager Underwriting at Bajaj Allianz General Insurance ?
The average salary of a Assistant Manager Underwriting at Bajaj Allianz General Insurance in India typically ranges from ₹6.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 4 years to 15 years).

The top 10% of Assistant Manager Underwriting at Bajaj Allianz General Insurance earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Assistant Manager Underwriting Salaries at Bajaj Allianz General Insurance 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 Bajaj Allianz General Insurance employees in India.
What is the estimated take home salary of a Assistant Manager Underwriting at Bajaj Allianz General Insurance in India?
The estimated take-home salary of a Assistant Manager Underwriting at Bajaj Allianz General Insurance in India typically ranges from ₹55,408 to ₹56,794 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 4 years to 15 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 Bajaj Allianz General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bajaj Allianz General Insurance for Assistant Manager Underwriting in India?
Tata AIA Life Insurance ₹6.4 Lakhs to ₹11.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz General Insurance, depending on the role and experience level.
What is the salary of a Assistant Manager Underwriting in companies similar to Bajaj Allianz General Insurance in India?
The salary of a Assistant Manager Underwriting at companies similar to Bajaj Allianz General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Ergo General Insurance ₹5.7 Lakhs to ₹8.2 Lakhs per year
SBI Life Insurance Company ₹5.1 Lakhs to ₹7.8 Lakhs per year
SBI General Insurance ₹5.3 Lakhs to ₹9.0 Lakhs per year
Bajaj Allianz Life Insurance ₹6.5 Lakhs to ₹6.9 Lakhs per year
Canara HSBC Life Insurance ₹6.5 Lakhs to ₹6.6 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 Assistant Manager Underwriting at Bajaj Allianz General Insurance in India?
The salary growth for a Assistant Manager Underwriting at Bajaj Allianz General Insurance depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Underwriting can expect the following growth trajectory at Bajaj Allianz General Insurance:

Experience Average Salary Range
4 years ₹6.5 Lakhs to ₹13.3 Lakhs per year
5 years ₹7.0 Lakhs to ₹13.3 Lakhs per year
6 years ₹3.0 Lakhs to ₹9.0 Lakhs per year
7 years ₹6.7 Lakhs to ₹8.5 Lakhs per year
and so on.

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Bajaj Allianz General Insurance Assistant Manager Underwriting salary in India ranges between ₹6.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.