Bajaj Allianz General Insurance Underwriter Salaries by 10+ Employees (Updated 2025)

2 - 10 years exp.

₹1 Lakh - ₹5.7 Lakhs

Salary of majority employees

31% less than the average Underwriter Salary in Insurance Companies for 2 - 10 years of experience

Interested in this particular role? 3 job openings

Last Updated: 19 Jul 2024

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 94% 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 - 5 years exp. (38 salaries)	₹5.2 L/yr - ₹17.4 L/yr 172% more
United India Insurance Company Underwriter Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3.3 L/yr 14% less
National Insurance Company Underwriter Salary 1 - 4 years exp. (8 salaries)	₹1.5 L/yr - ₹3 L/yr 39% less
The New India Assurance Co. Underwriter Salary 0 - 6 years exp. (8 salaries)	₹1 L/yr - ₹6 L/yr 53% more
Star Health & Allied Insurance Underwriter Salary 0 - 8 years exp. (63 salaries)	₹1.4 L/yr - ₹4.1 L/yr 26% 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 - 5 years exp. (25 salaries)	₹2.1 L/yr - ₹6 L/yr 17% more
SBI Life Insurance Company Underwriter Salary 0 - 10 years exp. (24 salaries)	₹2 L/yr - ₹6.7 L/yr 8% more
Login to view exact salary
HDFC Life Underwriter Salary 0 - 5 years exp. (15 salaries)	₹1.8 L/yr - ₹4.7 L/yr 5% more
Care Health Insurance Underwriter Salary 0 - 7 years exp. (12 salaries)	₹2.4 L/yr - ₹6.2 L/yr 12% more
Max Life Insurance Underwriter Salary 1 - 5 years exp. (11 salaries)	₹2.1 L/yr - ₹3.1 L/yr 35% less
Gallagher Underwriter Salary 2 - 13 years exp. (11 salaries)	₹5.2 L/yr - ₹20.7 L/yr 219% more
Bajaj Allianz Life Insurance Underwriter Salary 1 - 6 years exp. (8 salaries)	₹2.4 L/yr - ₹6.5 L/yr 4% less
Allstate Underwriter Salary 3 - 8 years exp. (6 salaries)	₹4.5 L/yr - ₹7 L/yr 36% 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 - 5 years exp. (5 salaries)	₹1.6 L/yr - ₹3.9 L/yr 34% less

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.

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
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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
7 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
10 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.7 L/yr

View all

Similar Designation salaries in Bajaj Allianz General Insurance

Analyst Salary

(5 salaries)

₹5.2 L/yr - ₹6.75 L/yr

Underwriting Manager Salary

(4 salaries)

₹19 L/yr - ₹22 L/yr

Team Lead Salary

(74 salaries)

₹1.9 L/yr - ₹9 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹24.3 L/yr - ₹31.1 L/yr

Underwriting Analyst Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Senior Associate Salary

(6 salaries)

₹2.35 L/yr - ₹6.21 L/yr

Senior Analyst Salary

(3 salaries)

₹6.5 L/yr - ₹8 L/yr

Deputy Manager Salary

(159 salaries)

₹6.9 L/yr - ₹16 L/yr

Management Trainee Salary

(76 salaries)

₹5.4 L/yr - ₹9.5 L/yr

Process Associate Salary

(4 salaries)

₹2.2 L/yr - ₹4.2 L/yr

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

3.1

Rated by 3 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 21 Jan 2023

2.0

for Salary and Benefits

Likes

Technology, system driven, best for customers and intermediaries to work with Timely salary Best claim payable insurer

Dislikes

Hell work life balance With limited manpower resource they work No incentive opportunities No Saturday off No work timings

Salary - Poor

+5 more

Team Lead in Navi Mumbai

BFSI, Investments & Trading Department

5.0

• posted on 13 Dec 2020

5.0

for Salary and Benefits

Likes

Worked in Bajaj Allianz since last 5 years and defenitely I have excellent learning experience in this company. Job security is good even in COVID we were getting our full paymet in every month . Good bonus , leaves and most important is best team mates I have ever work with. Working with such team mates was never boring. Best experience

Salary - Excellent

+5 more

Dislikes

Less salary and increment for offroll people. Best benefits for onroll people's. If we want growth in this company then we should be on onroll position rest all is good

Promotions - Poor

Manager in Pune

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 17 Sep 2024

5.0

for Salary and Benefits

Likes

Opportunity to get new challenge and learn things.

Salary - Excellent

+6 more

Dislikes

Very less salary is paid to high experience people and HR gives no value to old employees to motivate or reward old employees who have given their whole life to company.

Data Analyst in Pune

Full Time

Data Science & Analytics Department

2.0

• posted on 09 Sep 2024

2.0

for Salary and Benefits

Likes

Only brand name nothing else

Dislikes

...upport you No growth in terms of skills and career , no recognition of hardwork. No extra pay for weekends and after working hrs.

Salary - Poor

+6 more

Senior Sales Manager in Agartala

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 Jul 2024

2.0

for Salary and Benefits

Likes

Salary is the only thing I like here

Dislikes

...y it's 6days a week and month end 7days a week now working hours sales timing 9.30am to 7/8pm then policy issuance it's goes upto 1am, then again next day area manager always talking about work on Sunday, if anyone take a leave manager will tell do existing work, then what is the meaning of leave I don't know, now come to the travel part 1/3 salary will goes on the travel, personal life will be destroyed after joining here work pressure like pressure cooker every day conference call after work and tempting your performance not up to the mark in short your family will leave you bcz of not giving family time

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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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 - ₹5.2 Lakhs to ₹20.7 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 ₹17.4 Lakhs per year
Tata AIA Life Insurance Underwriter Salary - ₹6.0 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
The New India Assurance Co. Underwriter Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindara Life Insurance Underwriter Salary - ₹4.5 Lakhs to ₹6.5 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 Salaries by Location

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Bajaj Allianz General Insurance Underwriter Salaries

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.

Bajaj Allianz General Insurance Underwriter salaries in India

Companies similar to Bajaj Allianz General Insurance for Underwriter

Latest annual salaries shared by Bajaj Allianz General Insurance Underwriter

Experience wise Bajaj Allianz General Insurance Underwriter salaries

Similar Designation salaries in Bajaj Allianz General Insurance

Top skills at Bajaj Allianz General Insurance for Underwriter

Salary related reviews for Bajaj Allianz General Insurance

Deputy Manager in Mumbai

Team Lead in Navi Mumbai

Manager in Pune

Data Analyst in Pune

Senior Sales Manager in Agartala

Bajaj Allianz General Insurance Underwriter Salary FAQs

Tell us how to improve this page.

Bajaj Allianz General Insurance Underwriter Salaries by Location