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Insurance Company Underwriter salaries in India

Annual salary range
2 - 6 years exp.
₹1.5 Lakh - ₹2.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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67% less than the average Underwriter Salary in Real Estate Companies for 2 - 6 years of experience

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Salaries in different departments

Human Resources
Underwriter Salary
4 - 6 years exp. (3 salaries)
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₹1.5 L/yr - ₹2.5 L/yr

Customer Success, Service & Operations
Underwriter Salary
3 years exp. (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 12 Sep 2024

Companies similar to Insurance Company for Underwriter

Company name Avg Annual Salary Open Jobs
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SitusAMC Underwriter Salary

2 - 12 years exp. (376 salaries)

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₹2.8 L/yr - ₹10.6 L/yr

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2 job openings
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Mphasis Underwriter Salary

2 - 9 years exp. (80 salaries)

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₹2.8 L/yr - ₹9 L/yr

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5 job openings
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VERITY GLOBAL SOLUTIONS Underwriter Salary

2 - 9 years exp. (77 salaries)

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₹3.1 L/yr - ₹9.3 L/yr

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Firstsource Solutions Underwriter Salary

1 - 6 years exp. (64 salaries)

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₹2.5 L/yr - ₹8.3 L/yr

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1 job opening
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₹1.4 L/yr - ₹4.1 L/yr

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Underwriter salary at Insurance Company ranges between ₹1.5 Lakh to ₹2.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Insurance Company.

Latest annual salaries shared by Insurance Company Underwriter

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Experience wise Insurance Company Underwriter salaries

Last Updated: 12 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹0.6 L/yr - ₹1.8 L/yr
3 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.5 L/yr

Similar Designation salaries in Insurance Company

Analyst Salary
(5 salaries)
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₹4 L/yr - ₹9 L/yr
Underwriting Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Team Lead Salary
(28 salaries)
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₹1.6 L/yr - ₹6 L/yr
Chief Manager Salary
(3 salaries)
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₹8.4 L/yr - ₹12 L/yr
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₹2.6 L/yr - ₹7 L/yr
Senior Analyst Salary
(3 salaries)
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₹3 L/yr - ₹9.7 L/yr
Deputy Manager Salary
(6 salaries)
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₹4 L/yr - ₹4.5 L/yr
Process Developer Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
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₹1.55 L/yr - ₹2.4 L/yr
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₹2.8 L/yr - ₹3.5 L/yr

Salary related reviews for Insurance Company

Other Department

4.0
  •  posted on 29 Jun 2022

4.0
 for  Salary and Benefits

Likes

...agement is transparent.there is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more

Sales Department

5.0
  •  posted on 28 Jun 2019

5.0
 for  Salary and Benefits

Likes

Excellent organization one of the great insurance company in Pakistan. It's multinational company.this company provide me a great working environment. Very highly qualified staff.

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Dislikes

Compensation is decent but growth is low.the work pressure is very high.

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Finance Department

3.0
  •  posted on 06 Jun 2018

3.0
 for  Salary and Benefits

Likes

...under a well secured environment and safe work environment while doing our work. Concerning salary and appraisal Unic went extra mile in making sure that we have our salary worth and also do appraisal monthly for promotion chances. The job involves quite lot of traveling and we are being provided with transportation as the case may be. Conflicts challenges were being handled with utmost care and importance and resolutions were made and reconciliation and ensure the signing of codes of ethics by every worker. The work environment in Unic is peaceful and encourages great thinking outside box in problems tackling and every other thing and life in accordance with the job were well planned and our roles took proper care and attendance to our customers.

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Dislikes

I do not dislike anything in Unic insurance while working for them and am boastful of our relationship till date as okay, fine and pleasing.

read more

Contractual

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 17 Sep 2023

5.0
 for  Salary and Benefits

Likes

Only fraudulent investigation officer take benefits with this, only customer faces issue at all the stages after taking policy of companies

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Dislikes

Only fraudulent investigation officer take benefits with this, only customer faces issue at all the stages after taking policy of companies

read more

Full Time

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Human Resources Department

5.0
  •  posted on 21 Jul 2023

5.0
 for  Salary and Benefits

Likes

Insurance company offers several benefits. Learning all the benefits of working for an insurance company can help you decide if working in the insurance field is the right choice.

read more

Dislikes

Iam not convinced with this organization is the best place to continue developing ky career.

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Insurance Company Underwriter Salary FAQs

What is the salary of Underwriter at Insurance Company?
Underwriter salary at Insurance Company in India ranges between ₹1.5 Lakhs to ₹2.5 Lakhs for experience between 2 years to 6 years. According to our estimates it is 67% less than the average Underwriter Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Insurance Company India.
How does the salary of a Underwriter at Insurance Company India compare with the average salary range for this job?
The average salary of a Underwriter at Insurance Company is 67% less than the average salary of a Underwriter in India. To know exact salary insights, login to view.
Which similar companies are paying more than Insurance Company to a Underwriter in India?
  • SitusAMC Underwriter Salary - ₹2.8 Lakhs to ₹10.6 Lakhs per year
  • VERITY GLOBAL SOLUTIONS Underwriter Salary - ₹3.1 Lakhs to ₹9.3 Lakhs per year
  • Mphasis Underwriter Salary - ₹2.8 Lakhs to ₹9.0 Lakhs per year
  • Firstsource Solutions Underwriter Salary - ₹2.5 Lakhs to ₹8.3 Lakhs per year
  • Star Health & Allied Insurance Underwriter Salary - ₹1.4 Lakhs to ₹4.1 Lakhs per year
What is the estimated take home salary of a Underwriter at Insurance Company in India?
The estimated take-home salary of a Underwriter at Insurance Company ranges between ₹11,899 per month to ₹13,198 per month in India. The take-home salary calculation is based on the average Insurance Company Underwriter salary in India which ranges between ₹1.5 Lakhs to ₹2.5 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Underwriter at Insurance Company?
According to AmbitionBox, 100% of the Insurance Company Underwriters reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Insurance Company Underwriter salary in India ranges between ₹1.5 Lakh to ₹2.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Insurance Company latest salaries received from various employees of Insurance Company.