Gallagher Underwriting Manager Salaries by 5 Employees

7 - 10 years exp.

₹12 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

41% more than the average Underwriting Manager Salary in Insurance Companies for 7 - 10 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Gallagher for Underwriting Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Underwriting Manager Salary 1 - 13 years exp. (16 salaries)	₹5.1 L/yr - ₹18.5 L/yr 14% less
ICICI Prudential Life Insurance Underwriting Manager Salary 0 - 16 years exp. (14 salaries)	₹6 L/yr - ₹10.5 L/yr 34% less
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ICICI Lombard General Insurance Company Underwriting Manager Salary 1 - 17 years exp. (9 salaries)	₹5.8 L/yr - ₹14.5 L/yr 31% less
Tata AIA Life Insurance Underwriting Manager Salary 12 - 18 years exp. (7 salaries)	₹7.8 L/yr - ₹18 L/yr 2% less
Cholamandalam MS General Insurance Underwriting Manager Salary 4 - 13 years exp. (7 salaries)	₹4.4 L/yr - ₹11.9 L/yr 37% less
Aditya Birla Health Insurance Co Underwriting Manager Salary 9 - 11 years exp. (5 salaries)	₹8.2 L/yr - ₹10.5 L/yr 23% less
HDFC Life Underwriting Manager Salary 12 - 17 years exp. (5 salaries)	₹9.7 L/yr - ₹18.5 L/yr 2% more
Kotak Mahindara Life Insurance Underwriting Manager Salary 1 - 3 years exp. (5 salaries)	₹5.1 L/yr - ₹8.4 L/yr 50% less
Aditya Birla Sun Life Insurance Underwriting Manager Salary 7 - 10 years exp. (4 salaries)	₹10.1 L/yr - ₹13.4 L/yr 11% less
Bajaj Allianz General Insurance Underwriting Manager Salary 10 - 17 years exp. (5 salaries)	₹17 L/yr - ₹22 L/yr 55% more
SBI Life Insurance Company Underwriting Manager Salary 1 - 14 years exp. (5 salaries)	₹8 L/yr - ₹11 L/yr 24% less
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Axis Max Life Insurance Underwriting Manager Salary 5 - 14 years exp. (3 salaries)	₹8.5 L/yr - ₹10 L/yr 25% less
Star Health & Allied Insurance Underwriting Manager Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹5.1 L/yr 64% less
AIG Underwriting Manager Salary 9 - 14 years exp. (3 salaries)	₹14.3 L/yr - ₹21.1 L/yr 30% more

Underwriting Manager salary at Gallagher ranges between ₹12 Lakhs to ₹13 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Gallagher.

Experience wise Gallagher Underwriting Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹12 L/yr - ₹22.2 L/yr
8 years (AmbitionBox Estimate)	₹12 L/yr - ₹22.5 L/yr
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9 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹22.8 L/yr
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹13 L/yr

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Salary related reviews for Gallagher

4.0

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 Underwriting Manager Salary FAQs

What is the salary of Underwriting Manager at Gallagher ?

The average salary of a Underwriting Manager at Gallagher in India typically ranges from ₹12.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Underwriting Manager at Gallagher earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. 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 Underwriting Manager at Gallagher in India?

The estimated take-home salary of a Underwriting Manager at Gallagher in India typically ranges from ₹89,295 to ₹91,641 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 7 years to 10 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.

Which companies offer higher salaries than Gallagher for Underwriting Manager in India?

Bajaj Allianz General Insurance	₹17.0 Lakhs to ₹22.0 Lakhs per year
AIG	₹14.3 Lakhs to ₹21.1 Lakhs per year
HDFC Life	₹9.7 Lakhs to ₹18.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Gallagher, depending on the role and experience level.

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

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

Tata AIA Life Insurance	₹7.8 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹10.1 Lakhs to ₹13.4 Lakhs per year
HDFC Ergo General Insurance	₹5.1 Lakhs to ₹18.5 Lakhs per year
Aditya Birla Health Insurance Co	₹8.2 Lakhs to ₹10.5 Lakhs per year
SBI Life Insurance Company	₹8.0 Lakhs to ₹11.0 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 Underwriting Manager at Gallagher in India?

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

Experience	Average Salary Range
7 years	₹12.0 Lakhs to ₹22.2 Lakhs per year
8 years	₹12.0 Lakhs to ₹22.5 Lakhs per year
9 years	₹12.3 Lakhs to ₹22.8 Lakhs per year
10 years	₹5.1 Lakhs to ₹13.0 Lakhs per year

and so on.

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Gallagher Underwriting Manager Salaries

Gallagher Underwriting Manager salary in India ranges between ₹12 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Gallagher latest salaries received from various employees of Gallagher.

Gallagher Underwriting Manager salaries in India

Companies similar to Gallagher for Underwriting Manager

Latest annual salaries shared by Gallagher Underwriting Manager

Experience wise Gallagher Underwriting Manager salaries

Similar Designation salaries in Gallagher

Salary related reviews for Gallagher

Process Associate in Pune

Process Associate in Bangalore / Bengaluru

Process Associate in Bangalore Rural

Senior Analyst in Pune

Process Associate in Pune

Gallagher Underwriting Manager Salary FAQs

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