Gallagher Underwriter Salaries by 10 Employees (Updated 2025)

3 - 13 years exp.

₹9 Lakhs - ₹21 Lakhs

Low Confidence

Salary of majority employees

136% more than the average Underwriter Salary in Insurance Companies for 3 - 13 years of experience

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Salaries in different departments

Customer Success, Service & Operations Underwriter Salary 8 - 13 years exp. (5 salaries)	₹12.5 L/yr - ₹21 L/yr
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Risk Management & Compliance Underwriter Salary 6 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹15 L/yr

Last Updated: 2 Jan 2025

Companies similar to Gallagher for Underwriter

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Underwriter Salary 0 - 8 years exp. (64 salaries)	₹1.4 L/yr - ₹4.1 L/yr 79% less
ICICI Lombard General Insurance Company Underwriter Salary 0 - 3 years exp. (43 salaries)	₹5 L/yr - ₹10 L/yr 42% less
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ICICI Prudential Life Insurance Underwriter Salary 0 - 5 years exp. (25 salaries)	₹2.1 L/yr - ₹6 L/yr 66% less
SBI Life Insurance Company Underwriter Salary 1 - 12 years exp. (24 salaries)	₹2.5 L/yr - ₹7.3 L/yr 64% less
HDFC Life Underwriter Salary 0 - 5 years exp. (17 salaries)	₹1.8 L/yr - ₹4.7 L/yr 70% less
HDFC Ergo General Insurance Underwriter Salary 0 - 7 years exp. (13 salaries)	₹3 L/yr - ₹7.2 L/yr 45% less
Axis Max Life Insurance Underwriter Salary 1 - 5 years exp. (11 salaries)	₹2.1 L/yr - ₹3.1 L/yr 81% less
Bajaj Allianz General Insurance Underwriter Salary 2 - 10 years exp. (11 salaries)	₹1 L/yr - ₹5.7 L/yr 71% less	2 job openings
Cholamandalam MS General Insurance Underwriter Salary 0 - 9 years exp. (10 salaries)	₹2 L/yr - ₹9.9 L/yr 57% less
Bajaj Allianz Life Insurance Underwriter Salary 1 - 11 years exp. (10 salaries)	₹2.4 L/yr - ₹8 L/yr 68% less
The New India Assurance Co. Underwriter Salary 0 - 6 years exp. (8 salaries)	₹1 L/yr - ₹5.1 L/yr 61% less
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Allstate Underwriter Salary 3 - 8 years exp. (7 salaries)	₹4 L/yr - ₹7 L/yr 64% less
Aditya Birla Sun Life Insurance Underwriter Salary 0 - 4 years exp. (6 salaries)	₹1.7 L/yr - ₹3.5 L/yr 76% less
Kotak Mahindara Life Insurance Underwriter Salary 0 - 3 years exp. (6 salaries)	₹5.1 L/yr - ₹9.1 L/yr 44% less
Shriram Life Insurance Underwriter Salary 1 - 5 years exp. (5 salaries)	₹1.6 L/yr - ₹3.9 L/yr 81% less
Guardian India Underwriter Salary 2 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹4.5 L/yr 77% less
United India Insurance Company Underwriter Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3.3 L/yr 75% less
Life Insurance Corporation of India Underwriter Salary 3 - 31 years exp. (4 salaries)	₹3 L/yr - ₹20 L/yr 13% less
The Oriental Insurance Co. Underwriter Salary 1 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹3.8 L/yr 85% less
AIG Underwriter Salary 0 - 6 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 53% less

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Underwriter salary at Gallagher ranges between ₹9 Lakhs to ₹21 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 10 latest salaries received from various employees of Gallagher.

Experience wise Gallagher Underwriter salaries

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹9 L/yr - ₹18.2 L/yr
4 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹19.1 L/yr
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5 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹20 L/yr
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
8 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15.1 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹14.5 L/yr
11 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.3 L/yr
12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹21 L/yr
13 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹21 L/yr

View all

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Senior Analyst Salary

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Management Trainee Salary

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Process Associate Salary

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Top skills at Gallagher for Underwriter

Insurance Underwriting General Insurance Insurance Reinsurance Underwriting

Salary related reviews for Gallagher

1.0

Rated by 2 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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Gallagher Underwriter Salary FAQs

What is the salary of Underwriter at Gallagher ?

The average salary of a Underwriter at Gallagher in India typically ranges from ₹9.0 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Underwriter at Gallagher earn more than ₹21.0 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Underwriter 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 10 Gallagher employees in India.

What is the estimated take home salary of a Underwriter at Gallagher in India?

The estimated take-home salary of a Underwriter at Gallagher in India typically ranges from ₹89,501 to ₹91,852 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 3 years to 13 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 10 salaries received from various employees of Gallagher. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Underwriter at Gallagher ?

To be a Underwriter at Gallagher in india, the key skills required include:

- Insurance Underwriting
- General Insurance
- Insurance
- Reinsurance
- Underwriting

These skills are highly valued at Gallagher and are crucial for successful performance in a Software Engineering role.

What is the salary of a Underwriter in companies similar to Gallagher in India?

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

Life Insurance Corporation of India	₹3.0 Lakhs to ₹20.0 Lakhs per year
Tata AIA Life Insurance	₹6.0 Lakhs to ₹10.5 Lakhs per year
ICICI Lombard General Insurance Company	₹5.0 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindara Life Insurance	₹5.1 Lakhs to ₹9.1 Lakhs per year
HDFC Ergo General Insurance	₹3.0 Lakhs to ₹7.2 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 Underwriter at Gallagher in India?

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

Experience	Average Salary Range
3 years	₹9.0 Lakhs to ₹18.2 Lakhs per year
4 years	₹10.2 Lakhs to ₹19.1 Lakhs per year
5 years	₹10.2 Lakhs to ₹20.0 Lakhs per year
6 years	₹10.0 Lakhs to ₹12.0 Lakhs per year

and so on.

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Gallagher Underwriter Salaries

Gallagher Underwriter salary in India ranges between ₹9 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Gallagher latest salaries received from various employees of Gallagher.