Gallagher Bangalore / Bengaluru Underwriter Salaries by 5 Employees

8 - 13 years exp.

₹12.5 Lakhs - ₹21 Lakhs

Salary of majority employees

127% more than the average Underwriter Salary in Insurance Companies for 8 - 13 years of experience

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Last Updated: 20 Jul 2024

Companies similar to Gallagher for Underwriter in Bangalore / Bengaluru

Gallagher Underwriter Salary

8 - 13 years exp. (5 salaries)

₹12.5 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Underwriter Salary 0 - 6 years exp. (9 salaries)	₹1.8 L/yr - ₹3.6 L/yr 75% less
ICICI Prudential Life Insurance Underwriter Salary 3 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹6 L/yr 69% less
Login to view exact salary
SitusAMC Underwriter Salary 3 - 12 years exp. (111 salaries)	₹4.3 L/yr - ₹10.5 L/yr 45% less
VERITY GLOBAL SOLUTIONS Underwriter Salary 1 - 9 years exp. (39 salaries)	₹3.1 L/yr - ₹9.3 L/yr 61% less
Namaste Credit Underwriter Salary 0 - 4 years exp. (28 salaries)	₹1.8 L/yr - ₹3 L/yr 81% less

Underwriter salary at Gallagher ranges between ₹12.5 Lakhs to ₹21 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Gallagher.

Experience wise Gallagher Underwriter salaries in Bangalore / Bengaluru

Last Updated: 20 Jul 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
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10 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹26.7 L/yr
11 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹21 L/yr
13 years (AmbitionBox Estimate)	₹6.5 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 1 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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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Gallagher Underwriter Salary FAQs

What is the salary of Underwriter at Gallagher in Bangalore / Bengaluru?

The average salary of a Underwriter at Gallagher in Bangalore / Bengaluru typically ranges from ₹12.5 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 8 years to 13 years).

The top 10% of Underwriter in Bangalore / Bengaluru 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 5 Gallagher employees in India.

What is the estimated take home salary of a Underwriter at Gallagher in Bangalore / Bengaluru?

The estimated take-home salary of a Underwriter at Gallagher in Bangalore / Bengaluru typically ranges from ₹96,546 to ₹99,156 per month. This is based on the average salary range of ₹12.5 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 8 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 5 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 in Bangalore / Bengaluru?

To be a Underwriter at Gallagher in Bangalore / Bengaluru, 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 Bangalore / Bengaluru?

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

SitusAMC	₹4.3 Lakhs to ₹10.5 Lakhs per year
VERITY GLOBAL SOLUTIONS	₹3.1 Lakhs to ₹9.3 Lakhs per year
ICICI Prudential Life Insurance	₹2.9 Lakhs to ₹6.0 Lakhs per year
HDFC Life	₹1.8 Lakhs to ₹3.6 Lakhs per year
Namaste Credit	₹1.8 Lakhs to ₹3.0 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 Bangalore / Bengaluru?

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

Experience	Average Salary Range
8 years	₹12.5 Lakhs to ₹14.0 Lakhs per year
9 years	₹12.9 Lakhs to ₹16.5 Lakhs per year
10 years	₹14.5 Lakhs to ₹26.7 Lakhs per year
11 years	₹13.8 Lakhs to ₹17.6 Lakhs per year

and so on.

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Gallagher Underwriter Salaries in Bangalore / Bengaluru

Gallagher Underwriter salary in Bangalore / Bengaluru ranges between ₹12.5 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Gallagher latest salaries received from various employees of Gallagher.