Gallagher Underwriter Salaries by 10 Employees (Updated 2025)

3 - 13 years exp.

₹9 Lakhs - ₹21 Lakhs

Low Confidence

Salary of majority employees

137% 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 1 - 8 years exp. (61 salaries)	₹1.7 L/yr - ₹4.1 L/yr 79% less
ICICI Lombard General Insurance Company Underwriter Salary 0 - 3 years exp. (45 salaries)	₹3.7 L/yr - ₹10 L/yr 44% 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. (25 salaries)	₹2.5 L/yr - ₹7.3 L/yr 64% less
HDFC Life Underwriter Salary 0 - 5 years exp. (15 salaries)	₹1.8 L/yr - ₹4.7 L/yr 69% less
HDFC Ergo General Insurance Underwriter Salary 0 - 7 years exp. (13 salaries)	₹3 L/yr - ₹7.2 L/yr 45% less
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	3 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 60% less
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Allstate Underwriter Salary 3 - 8 years exp. (7 salaries)	₹4 L/yr - ₹7 L/yr 61% 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 - 2 years exp. (6 salaries)	₹4.5 L/yr - ₹6.5 L/yr 56% less
Shriram Life Insurance Underwriter Salary 1 - 5 years exp. (5 salaries)	₹1.6 L/yr - ₹3.9 L/yr 81% 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
Guardian India Underwriter Salary 2 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹4.5 L/yr 77% less
AIG Underwriter Salary 0 - 6 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 53% less
Tata AIA Life Insurance Underwriter Salary 0 - 15 years exp. (3 salaries)	₹6 L/yr - ₹10.5 L/yr 30% less	2 job openings

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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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

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

Senior Analyst in Pune

Risk Management & Compliance Department

5.0

• posted on 19 Apr 2022

3.0

for Salary and Benefits

Likes

The work culture and the job security over here also this company helps us to grow in our carrier superb workplace to start off with your career

Skill development - Excellent

+5 more

Dislikes

Only the pay scale is less in this company its very less as compare to market 😔 rest no issue with ghe company i just love it

Process Associate in Pune

RPS Department

3.0

• posted on 27 Dec 2021

3.0

for Salary and Benefits

Likes

There is job security. There is work from home during pandemic situation.

Dislikes

Poor management. There is huge work pressure. No work-life balance and less salary as compared to work. There is parcility among departments. No recognization about employee's work. They gave work on weekends also and no OT for that. The shift was 9 hours but we did 10-11 hours work.

Promotions - Poor

+2 more

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Gallagher Underwriter Salary FAQs

What is the salary of Underwriter at Gallagher?

Underwriter salary at Gallagher in India ranges between ₹9.0 Lakhs to ₹21.0 Lakhs for experience between 3 years to 13 years. According to our estimates it is 137% more than the average Underwriter Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Gallagher India.

How does the salary of a Underwriter at Gallagher India compare with the average salary range for this job?

The average salary of a Underwriter at Gallagher is 137% more 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 Gallagher?

Insurance Underwriting, General Insurance, Insurance, Reinsurance and Underwriting are some of the popular skills required to work as a Underwriter at Gallagher India.

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

Life Insurance Corporation of India Underwriter Salary - ₹3.0 Lakhs to ₹20.0 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 ₹10.0 Lakhs per year
HDFC Ergo General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹7.2 Lakhs per year
AIG Underwriter Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year

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

The estimated take-home salary of a Underwriter at Gallagher ranges between ₹89,501 per month to ₹91,852 per month in India. The take-home salary calculation is based on the average Gallagher Underwriter salary in India which ranges between ₹9.0 Lakhs to ₹21.0 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at Gallagher?

According to AmbitionBox, 78% of the Gallagher Underwriters reported a notice period of 3 Months, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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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.