Bajaj Allianz General Insurance Underwriting Executive Salaries by 8 Employees (Updated 2024)

1 - 5 years exp.

₹2.3 Lakhs - ₹4.9 Lakhs

Salary of majority employees

6% less than the average Underwriting Executive Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Bajaj Allianz General Insurance for Underwriting Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Underwriting Executive Salary 2 - 7 years exp. (4 salaries)	₹3.5 L/yr - ₹11 L/yr 112% more
Tata AIG Underwriting Executive Salary 2 - 6 years exp. (8 salaries)	₹2 L/yr - ₹5 L/yr 15% less
Login to view exact salary
Star Health & Allied Insurance Underwriting Executive Salary 1 - 8 years exp. (108 salaries)	₹1.2 L/yr - ₹4.5 L/yr 3% more
Future Generali India Life Insurance Underwriting Executive Salary 3 - 14 years exp. (6 salaries)	₹4.1 L/yr - ₹5.8 L/yr 50% more
SBI General Insurance Underwriting Executive Salary 1 year exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 6% more
HDFC Life Underwriting Executive Salary 0 - 5 years exp. (7 salaries)	₹2.6 L/yr - ₹3.5 L/yr 7% less
Niva Bupa Health Insurance Company Underwriting Executive Salary 0 - 6 years exp. (7 salaries)	₹2.6 L/yr - ₹3.9 L/yr 8% more
Max Life Insurance Underwriting Executive Salary 0 - 5 years exp. (6 salaries)	₹3.3 L/yr - ₹4 L/yr 10% more
ICICI Prudential Life Insurance Underwriting Executive Salary 5 - 10 years exp. (5 salaries)	₹3.5 L/yr - ₹5.6 L/yr 42% more
Tata AIA Life Insurance Underwriting Executive Salary 2 - 4 years exp. (5 salaries)	₹3.1 L/yr - ₹7 L/yr 63% more
Shriram Life Insurance Underwriting Executive Salary 1 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹2.7 L/yr 18% less
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SBI Life Insurance Company Underwriting Executive Salary 1 - 18 years exp. (4 salaries)	₹3 L/yr - ₹7 L/yr 73% more
AIG Underwriting Executive Salary 2 - 3 years exp. (4 salaries)	₹5.6 L/yr - ₹6 L/yr 85% more
Care Health Insurance Underwriting Executive Salary 0 - 7 years exp. (4 salaries)	₹3.2 L/yr - ₹5.3 L/yr 31% more
Aditya Birla Sun Life Insurance Underwriting Executive Salary 1 year exp. (3 salaries)	₹3.2 L/yr - ₹3.5 L/yr 5% more
Bajaj Allianz Life Insurance Underwriting Executive Salary 1 - 4 years exp. (3 salaries)	₹2.7 L/yr - ₹4 L/yr 10% more
PNB MetLife Underwriting Executive Salary 1 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 1% more
Kotak Mahindara Life Insurance Underwriting Executive Salary 4 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹2.6 L/yr 27% less

Underwriting Executive salary at Bajaj Allianz General Insurance ranges between ₹2.3 Lakhs to ₹4.9 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 8 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Underwriting Executive salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.5 L/yr
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹4 L/yr
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3 years (3 salaries)	₹2.3 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.8 L/yr

Similar Designation salaries in Bajaj Allianz General Insurance

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Computer Operator Salary

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Salary related reviews for Bajaj Allianz General Insurance

5.0

Rated by 1 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

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

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

Sales Executive in Chennai

Banca assurance Department

4.0

• posted on 04 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Sales Executive in Kolkata

Marketing & Communication Department

4.0

• posted on 02 Jul 2018

4.0

for Salary and Benefits

Likes

The work culture is good and the pay scale is good

Dislikes

Basically I like the company but I didn't like the insurance industry. I am not comfortable working in the insurance industry and I want to change the insurance industry.

Relationship Manager in Hyderabad / Secunderabad

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.

Dislikes

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

see more salary related reviews

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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 Underwriting Executive Salary FAQs

What is the salary of Underwriting Executive at Bajaj Allianz General Insurance?

Underwriting Executive salary at Bajaj Allianz General Insurance in India ranges between ₹2.3 Lakhs to ₹4.9 Lakhs for experience between 1 years to 5 years. According to our estimates it is 6% less than the average Underwriting Executive Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Bajaj Allianz General Insurance India.

How does the salary of a Underwriting Executive at Bajaj Allianz General Insurance India compare with the average salary range for this job?

The average salary of a Underwriting Executive at Bajaj Allianz General Insurance is 6% less than the average salary of a Underwriting Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Allianz General Insurance to a Underwriting Executive in India?

ICICI Lombard General Insurance Company Underwriting Executive Salary - ₹3.5 Lakhs to ₹11.0 Lakhs per year
AIG Underwriting Executive Salary - ₹5.6 Lakhs to ₹6.0 Lakhs per year
SBI Life Insurance Company Underwriting Executive Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance Underwriting Executive Salary - ₹3.1 Lakhs to ₹7.0 Lakhs per year
Future Generali India Life Insurance Underwriting Executive Salary - ₹4.1 Lakhs to ₹5.8 Lakhs per year

What is the salary of a Underwriting Executive in companies similar to Bajaj Allianz General Insurance in India?

ICICI Prudential Life Insurance Underwriting Executive Salary - ₹3.5 Lakhs to ₹5.6 Lakhs per year
Care Health Insurance Underwriting Executive Salary - ₹3.2 Lakhs to ₹5.3 Lakhs per year
Max Life Insurance Underwriting Executive Salary - ₹3.3 Lakhs to ₹4.0 Lakhs per year
Bajaj Allianz Life Insurance Underwriting Executive Salary - ₹2.7 Lakhs to ₹4.0 Lakhs per year
Niva Bupa Health Insurance Company Underwriting Executive Salary - ₹2.6 Lakhs to ₹3.9 Lakhs per year

What is the estimated take home salary of a Underwriting Executive at Bajaj Allianz General Insurance in India?

The estimated take-home salary of a Underwriting Executive at Bajaj Allianz General Insurance ranges between ₹22,556 per month to ₹24,031 per month in India. The take-home salary calculation is based on the average Bajaj Allianz General Insurance Underwriting Executive salary in India which ranges between ₹2.3 Lakhs to ₹4.9 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Underwriting Executive at Bajaj Allianz General Insurance?

According to AmbitionBox, 100% of the Bajaj Allianz General Insurance Underwriting Executives reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Bajaj Allianz General Insurance Underwriting Executive Salaries

Bajaj Allianz General Insurance Underwriting Executive salary in India ranges between ₹2.3 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.