Gallagher Senior Underwriting Manager Salaries by 5 Employees

10 - 12 years exp.

₹18 Lakhs - ₹22 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

24% more than the average Senior Underwriting Manager Salary in Insurance Companies for 10 - 12 years of experience

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Last Updated: 30 Oct 2024

Companies similar to Gallagher for Senior Underwriting Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Underwriting Manager Salary 1 - 5 years exp. (6 salaries)	₹6 L/yr - ₹11.1 L/yr 54% less
ICICI Prudential Life Insurance Senior Underwriting Manager Salary 17 - 21 years exp. (4 salaries)	₹14.7 L/yr - ₹19.1 L/yr 7% less
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Kotak Mahindara Life Insurance Senior Underwriting Manager Salary 3 - 16 years exp. (4 salaries)	₹8 L/yr - ₹8.4 L/yr 55% less
HDFC Life Senior Underwriting Manager Salary 11 - 20 years exp. (3 salaries)	₹10 L/yr - ₹21 L/yr 12% less
SBI General Insurance Senior Underwriting Manager Salary 8 - 17 years exp. (4 salaries)	₹13.5 L/yr - ₹18 L/yr 16% less

Senior Underwriting Manager salary at Gallagher ranges between ₹18 Lakhs to ₹22 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Gallagher.

Experience wise Gallagher Senior Underwriting Manager salaries

Last Updated: 30 Oct 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹21 L/yr
11 years (AmbitionBox Estimate)	₹16.4 L/yr - ₹21 L/yr
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12 years (AmbitionBox Estimate)	₹16.4 L/yr - ₹20.9 L/yr

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Salary related reviews for Gallagher

1.0

Rated by 1 employees for salary & benefits

Senior Analyst in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 28 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

... not get any hike and promotion. Favorism is the next thing which is worse here. You will not get any promotion or handsome salary hike even if you perform outstanding as they first pour major part of budget to their favorite people and whatever remaining is then adjusted in between rest.

Salary - Bad

+5 more

Process Associate in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 12 Feb 2025

1.0

for Salary and Benefits

Likes

There is nothing to like about Gallagher except for Work from home benefits

Dislikes

Salary is less and the work pressure is more, they will even force you to work on weekends no work life balance, they will treat you badly even during the notice period

Salary - Bad

+5 more

Process Associate in Pune

Full Time

Other Department

3.0

• posted on 08 Mar 2022

3.0

for Salary and Benefits

Likes

If you are fresher then this company is best for you. You can earn money by doing extra overtime. Saturday and sunday is off. Management is supportive

Job security - Good

+1 more

Dislikes

You have to work even after the shift hours as targets are more. Salary is low.

Skill development - Poor

+1 more

Process Associate in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 Oct 2021

2.0

for Salary and Benefits

Likes

We its been 8 months Im working in Gallagher in Issuance process. U will get good training and guidelines. No worries in that.

Dislikes

Weekly 4 days they told to early login which is too bad, Fresher salary is just 14.5 k take home its not at all acceptable in Banglore. Work load in high and frustrating on peak months.

Salary - Poor

+4 more

Process Associate in Bangalore Rural

Full Time

Insurance Department

2.0

• posted on 22 Apr 2021

2.0

for Salary and Benefits

Likes

When it comes to work culture it has a balanced system culture polices are really good but compensation is poor .

Skill development - Good

+2 more

Dislikes

I had been in this company for 9 months but they laid off due to COVID even without notice it was immidiate one day action that was really a terrible experience. Job security is really worst.

Salary - Poor

+2 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Gallagher Senior Underwriting Manager Salary FAQs

What is the salary of Senior Underwriting Manager at Gallagher ?

The average salary of a Senior Underwriting Manager at Gallagher in India typically ranges from ₹18.0 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 10 years to 12 years).

The top 10% of Senior Underwriting Manager at Gallagher earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Senior Underwriting Manager Salaries at Gallagher 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 5 Gallagher employees in India.

What is the estimated take home salary of a Senior Underwriting Manager at Gallagher in India?

The estimated take-home salary of a Senior Underwriting Manager at Gallagher in India typically ranges from ₹1,22,093 to ₹1,25,629 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 10 years to 12 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 5 salaries received from various employees of Gallagher. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Senior Underwriting Manager in companies similar to Gallagher in India?

The salary of a Senior Underwriting Manager at companies similar to Gallagher in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance	₹14.7 Lakhs to ₹19.1 Lakhs per year
HDFC Life	₹10.0 Lakhs to ₹21.0 Lakhs per year
SBI General Insurance	₹13.5 Lakhs to ₹18.0 Lakhs per year
ICICI Lombard General Insurance Company	₹6.0 Lakhs to ₹11.1 Lakhs per year
Kotak Mahindara Life Insurance	₹8.0 Lakhs to ₹8.4 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 Senior Underwriting Manager at Gallagher in India?

The salary growth for a Senior Underwriting Manager at Gallagher depends on factors such as experience, performance, and promotions. On average, a Senior Underwriting Manager can expect the following growth trajectory at Gallagher:

Experience	Average Salary Range
10 years	₹16.5 Lakhs to ₹21.0 Lakhs per year
11 years	₹16.4 Lakhs to ₹21.0 Lakhs per year
12 years	₹16.4 Lakhs to ₹20.9 Lakhs per year

and so on.

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Gallagher Senior Underwriting Manager Salaries

Gallagher Senior Underwriting Manager salary in India ranges between ₹18 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Gallagher latest salaries received from various employees of Gallagher.