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Annual salary range
2 - 10 years exp.
₹1
Lakh - ₹5.7
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary31% less than the average Underwriter Salary in Insurance Companies for 2 - 10 years of experience
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Companies similar to Bajaj Allianz General Insurance for Underwriter
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Underwriter Salary
0 - 3 years exp. (43 salaries) |  ₹3.7 L/yr - ₹9.5 L/yr 
95%
more | |
 HDFC Ergo General Insurance Underwriter Salary
0 - 7 years exp. (13 salaries) | ₹3 L/yr - ₹7.2 L/yr
88%
more | |
Login to view exact salary
| ||
 Reliance General Insurance Underwriter Salary
0 - 3 years exp. (12 salaries) | ₹3 L/yr - ₹8 L/yr
66%
more | |
 Tata AIG Underwriter Salary
0 - 4 years exp. (37 salaries) | ₹5.2 L/yr - ₹17.7 L/yr
171%
more | 1 job opening |
 United India Insurance Company Underwriter Salary
1 - 6 years exp. (7 salaries) | ₹1.6 L/yr - ₹3.5 L/yr 
32%
less | |
 National Insurance Company Underwriter Salary
1 - 5 years exp. (8 salaries) | ₹1.5 L/yr - ₹3 L/yr
39%
less | |
 Star Health & Allied Insurance Underwriter Salary
0 - 8 years exp. (62 salaries) | ₹1.4 L/yr - ₹4.1 L/yr
29%
less | |
 SBI General Insurance Underwriter Salary
0 - 14 years exp. (9 salaries) | ₹5 L/yr - ₹14 L/yr
194%
more | |
 ICICI Prudential Life Insurance Underwriter Salary
0 - 7 years exp. (33 salaries) | ₹2.1 L/yr - ₹6.5 L/yr
19%
more | |
 SBI Life Insurance Company Underwriter Salary
0 - 12 years exp. (24 salaries) | ₹2 L/yr - ₹6.5 L/yr
8%
more | |
 HDFC Life Underwriter Salary
0 - 5 years exp. (17 salaries) | ₹1.8 L/yr - ₹4.7 L/yr
5%
more | |
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| ||
 Care Health Insurance Underwriter Salary
0 - 7 years exp. (12 salaries) | ₹2.4 L/yr - ₹6.2 L/yr
12%
more | 1 job opening |
 Max Life Insurance Underwriter Salary
1 - 5 years exp. (11 salaries) | ₹2.1 L/yr - ₹3.1 L/yr
35%
less | |
 Gallagher Underwriter Salary
3 - 13 years exp. (10 salaries) | ₹9 L/yr - ₹21 L/yr
277%
more | |
 Bajaj Allianz Life Insurance Underwriter Salary
1 - 6 years exp. (10 salaries) | ₹2.4 L/yr - ₹6.5 L/yr
2%
less | |
 Allstate Underwriter Salary
3 - 8 years exp. (6 salaries) | ₹4.5 L/yr - ₹7 L/yr
33%
more | |
 Aditya Birla Sun Life Insurance Underwriter Salary
0 - 4 years exp. (6 salaries) | ₹1.7 L/yr - ₹3.5 L/yr
17%
less | |
 Kotak Mahindara Life Insurance Underwriter Salary
0 - 2 years exp. (6 salaries) | ₹4.5 L/yr - ₹6.5 L/yr
53%
more | |
 Shriram Life Insurance Underwriter Salary
1 - 6 years exp. (5 salaries) | ₹1.6 L/yr - ₹3.9 L/yr
34%
less | |
 Canara HSBC Life Insurance Underwriter Salary
3 - 7 years exp. (5 salaries) | ₹3.5 L/yr - ₹5 L/yr
28%
more | |
View all
Underwriter salary at Bajaj Allianz General Insurance ranges between ₹1
Lakh
to ₹5.7
Lakhs
per year for employees with experience between 2 years to 10 years. Salary
estimates are based on
11 latest salaries received
from various employees of Bajaj Allianz General Insurance.
Latest annual salaries shared by Bajaj Allianz General Insurance Underwriter
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Experience wise Bajaj Allianz General Insurance Underwriter salaries
Last Updated: 19 Jul 2024
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹1
L/yr
- ₹5.3
L/yr
|
| 3 years (4 salaries) |
₹1.3
L/yr
- ₹3.9
L/yr
|
Login to view exact salary
| |
| 4 years (AmbitionBox Estimate) |
₹2.7
L/yr
- ₹6
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹1.4
L/yr
- ₹4
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹3.3
L/yr
- ₹4.2
L/yr
|
View all
Similar Designation salaries in Bajaj Allianz General Insurance
Top skills at Bajaj Allianz General Insurance for Underwriter
Claims
Relationship Management
Underwriting
Risk Assessment
General Insurance
Team Management
Insurance Underwriting
risk
Insurance
Analytical
Health Insurance
Casualty
Sales
Branch Merchandising
Leased Line
Salary related reviews for Bajaj Allianz General Insurance
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Top trending discussions
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Salary Discussions, Hike & Promotions
2w
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?
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Bajaj Allianz General Insurance Underwriter Salary FAQs
What is the salary of Underwriter at Bajaj Allianz General Insurance?
Underwriter salary at Bajaj Allianz General Insurance in India ranges between ₹1.0 Lakhs to ₹5.7 Lakhs for experience between 2 years to 10 years. According to our estimates it is 31% less than the average Underwriter Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Bajaj Allianz General Insurance India.
How does the salary of a Underwriter at Bajaj Allianz General Insurance India compare with the average salary range for this job?
The average salary of a Underwriter at Bajaj Allianz General Insurance is 31% less than the average salary of a Underwriter in India. To know exact salary insights, login to view.
What are the top skills required to work as a Underwriter at Bajaj Allianz General Insurance?
Claims, Relationship Management, Underwriting, Risk Assessment and General Insurance are some of the popular skills required to work as a Underwriter at Bajaj Allianz General Insurance India.
Which similar companies are paying more than Bajaj Allianz General Insurance 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 - ₹5.2 Lakhs to ₹17.7 Lakhs per year
- Tata AIA Life Insurance Underwriter Salary - ₹9.0 Lakhs to ₹10.5 Lakhs per year
- ICICI Lombard General Insurance Company Underwriter Salary - ₹3.7 Lakhs to ₹9.5 Lakhs per year
What is the salary of a Underwriter in companies similar to Bajaj Allianz General Insurance in India?
- HDFC Ergo General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹7.2 Lakhs per year
- Reliance General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
- AIG Underwriter Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
- Kotak Mahindara Life Insurance Underwriter Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year
- PNB MetLife Underwriter Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Underwriter at Bajaj Allianz General Insurance in India?
The estimated take-home salary of a Underwriter at Bajaj Allianz General Insurance ranges between ₹26,808 per month to ₹28,220 per month in India. The take-home salary calculation is based on the average Bajaj Allianz General Insurance Underwriter salary in India which ranges between ₹1.0 Lakhs to ₹5.7 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Underwriter at Bajaj Allianz General Insurance?
According to AmbitionBox, 33% of the Bajaj Allianz General Insurance Underwriters reported a notice period of 15 days or less, 34% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.
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Bajaj Allianz General Insurance Underwriter salary
in
India
ranges between ₹1
Lakh to ₹5.7
Lakhs with an average annual salary of
₹. Salary estimates are based on
11
Bajaj Allianz General Insurance latest salaries received from various employees of
Bajaj Allianz General Insurance.