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3.7

based on 6.8k Reviews

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EXL Service Insurance Underwriter salaries in India

Annual salary range
5 - 18 years exp.
₹3 Lakhs - ₹5.4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Insurance Underwriter Salary in Analytics & KPO Companies for 5 - 18 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Insurance Underwriter Salary
6 - 18 years exp. (3 salaries)
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₹3.6 L/yr - ₹5.4 L/yr

BFSI, Investments & Trading
Insurance Underwriter Salary
5 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 20 Mar 2023

Companies similar to EXL Service for Insurance Underwriter

Company name Avg Annual Salary Open Jobs
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Genpact Insurance Underwriter Salary

0 - 1 year exp. (4 salaries)

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₹3.6 L/yr - ₹4.5 L/yr

arrow icon 6% less
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₹3.5 L/yr - ₹6 L/yr

arrow icon 17% more
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₹2 L/yr - ₹2.3 L/yr

arrow icon 49% less
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Allstate Insurance Underwriter Salary

2 - 8 years exp. (4 salaries)

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₹3.5 L/yr - ₹5.3 L/yr

arrow icon 1% more
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₹2.2 L/yr - ₹5 L/yr

arrow icon 17% less
Insurance Underwriter salary at EXL Service ranges between ₹3 Lakhs to ₹5.4 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of EXL Service.

Latest annual salaries shared by EXL Service Insurance Underwriter

1y ago
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18 years exp.
1y ago
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15 years exp.
1y ago
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6 years exp.

Experience wise EXL Service Insurance Underwriter salaries

Last Updated: 20 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
9 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.4 L/yr
View all

Top skills at EXL Service for Insurance Underwriter

Reinsurance Credit Control Underwriting UK Process

Salary related reviews for EXL Service

1.5

Rated by 3 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 15 Jan 2025

1.0
 for  Salary and Benefits

Likes

Except the online trainings, everything is pathetic!!!

Dislikes

Promotion and Salary hikes are Pathetic!!! Upper leadership are the real world blood sucking worms, they don't hesitate even if they could suck 10 rupees from you...I haven't seen the level of cost cutting in any other company compared to what EXL have...very degraded corporate culture..!!!!

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Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 24 Dec 2024

4.0
 for  Salary and Benefits

Likes

I worked at EXL for nearly three years and had an incredibly fulfilling experience. The company's work culture stood out as one of the best aspects, fostering a positive and collaborative environment that greatly enhanced my professional growth. I truly appreciated the supportive management, opportunities for learning, and the overall satisfaction I derived from my role. It was a journey that enriched my skills and left a lasting positive impression on me.

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Dislikes

one aspect that I found less satisfactory was the salary, which I felt was not up to the mark. Despite this, the enriching experience and the excellent work culture made my time at EXL worthwhile.

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Full Time

 · 

Other Department

3.0
  •  posted on 22 Dec 2024

2.0
 for  Salary and Benefits

Likes

Company has work life balance and flexible working hours in Analatics and Digital.

Dislikes

... management leave the organization and those who replace them they are not upto. They are trying to implement US work culture, like hire fire culture but in terms of package they are not even follow Indian market. The new top management don't even respect those who spend more than a decade in the organization.

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Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 14 Dec 2024

3.0
 for  Salary and Benefits

Likes

...ject not company Project and my manager is good Work is there, so get to to work with various clients and gain good exposure Bonus is paid upto 80% for sure which I feel is better than my previous org

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Dislikes

Health Insurance is the worst No additional benefits I feel from the company Lot of cost cuttings.. If you work remotely, forget any benefits like team meet, outings, diwali or annual gifts. Promotions are ambiguous and very much opaque.

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Full Time

 · 

Other Department

5.0
  •  posted on 14 Nov 2024

3.0
 for  Salary and Benefits

Likes

Working environment is nice

Dislikes

Increment is to low while compare to others P4p given on their personal interest I didn't get my final settlement and experience letter yet now I didn't get proper training that's why I have only little bit knowledge about our process Last time I didn't get my stutotary bonus I asked my supervisor and Lead assistant manager they told to me we don't know who get this bonus . This is the answer I get from them

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EXL Service Insurance Underwriter Salary FAQs

What is the salary of Insurance Underwriter at EXL Service?
Insurance Underwriter salary at EXL Service in India ranges between ₹3.0 Lakhs to ₹5.4 Lakhs for experience between 5 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of EXL Service India.
What are the top skills required to work as a Insurance Underwriter at EXL Service?
Reinsurance, Credit Control, Underwriting and UK Process are some of the popular skills required to work as a Insurance Underwriter at EXL Service India.
Which similar companies are paying more than EXL Service to a Insurance Underwriter in India?
  • Bajaj Allianz Life Insurance Insurance Underwriter Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year
  • Allstate Insurance Underwriter Salary - ₹3.5 Lakhs to ₹5.3 Lakhs per year
What is the salary of a Insurance Underwriter in companies similar to EXL Service in India?
  • Genpact Insurance Underwriter Salary - ₹3.6 Lakhs to ₹4.5 Lakhs per year
  • National Insurance Company Insurance Underwriter Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year
  • Datamatics Global Services Insurance Underwriter Salary - ₹2.0 Lakhs to ₹2.3 Lakhs per year
What is the estimated take home salary of a Insurance Underwriter at EXL Service in India?
The estimated take-home salary of a Insurance Underwriter at EXL Service ranges between ₹31,777 per month to ₹33,065 per month in India. The take-home salary calculation is based on the average EXL Service Insurance Underwriter salary in India which ranges between ₹3.0 Lakhs to ₹5.4 Lakhs per year for employees with experience between 5 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Insurance Underwriter at EXL Service?
According to AmbitionBox, 100% of the EXL Service Insurance Underwriters reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

EXL Service Insurance Underwriter salary in India ranges between ₹3 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 EXL Service latest salaries received from various employees of EXL Service.