Karvy Insurance Repository Underwriting Executive Salaries by 4 Employees

2 - 5 years exp.

₹2.7 Lakhs - ₹3.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

16% less than the average Underwriting Executive Salary in Insurance Companies for 2 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriting Executive Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3 L/yr
Customer Success, Service & Operations Underwriting Executive Salary 2 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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Quality Assurance Underwriting Executive Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

Last Updated: 12 Mar 2023

Companies similar to Karvy Insurance Repository for Underwriting Executive

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Underwriting Executive Salary 1 - 6 years exp. (112 salaries)	₹2 L/yr - ₹4.5 L/yr 5% more
SBI Cards & Payment Services Underwriting Executive Salary 0 - 8 years exp. (21 salaries)	₹3 L/yr - ₹4.8 L/yr 35% more
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Accenture Underwriting Executive Salary 0 - 6 years exp. (19 salaries)	₹1.2 L/yr - ₹6.3 L/yr 27% more
Datamatics Global Services Underwriting Executive Salary 1 - 6 years exp. (11 salaries)	₹2.1 L/yr - ₹3.3 L/yr 13% less
EXL Service Underwriting Executive Salary 3 - 7 years exp. (10 salaries)	₹3 L/yr - ₹5.5 L/yr 34% more

Underwriting Executive salary at Karvy Insurance Repository ranges between ₹2.7 Lakhs to ₹3.1 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Karvy Insurance Repository.

Experience wise Karvy Insurance Repository Underwriting Executive salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Karvy Insurance Repository

Operations Executive Salary

(7 salaries)

₹1.55 L/yr - ₹2 L/yr

Back Office Executive Salary

(5 salaries)

₹1.4 L/yr - ₹3 L/yr

MIS Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Operations Manager Salary

(5 salaries)

₹8 L/yr - ₹9.6 L/yr

Data Entry Operator Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Team Lead Salary

(3 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Office Assistant Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Process Associate Salary

(3 salaries)

₹1.8 L/yr - ₹2.8 L/yr

Deputy Manager Salary

(3 salaries)

₹4.7 L/yr - ₹11 L/yr

Salary related reviews for Karvy Insurance Repository

Executive in Hyderabad / Secunderabad

Insurance Department

4.0

• posted on 23 Mar 2018

2.0

for Salary and Benefits

Likes

Karvy is a good company for learners. It is a good platform for many job opportunities.

Job security - Good

Dislikes

...sportation if there is heavy work load at nights. And they will not give OT's. Salary is very less when compared to other industries

Salary - Poor

Team Lead in Hyderabad / Secunderabad

Engineering - Software & QA Department

5.0

• posted on 11 Jul 2021

4.0

for Salary and Benefits

Likes

No issues but it depends on your manager who you work under few are down to earth persons whom i reported even i had done the same thing to my team members who reported to me. But its depends on who you are reporting.

Salary - Good

+6 more

Dislikes

Not much to say as i did not found anything

Operations Manager

Customer Success, Service & Operations Department

1.0

• posted on 18 Apr 2018

3.0

for Salary and Benefits

Likes

I personally would not recommend any one to join Karvy unless they are looking for some kind of a stop gap period. Management is totally immatured, doesn't know how to run a business being a vendor....very very poor experience in my entire career.

Dislikes

Skill development - Bad
Job security - Bad

+4 more

Operations Executive in Nanakramguda, Narsing Road

Life Insurance Department

4.0

• posted on 12 May 2022

3.0

for Salary and Benefits

Likes

Manager is Well Supportive to Employees Before Joing kindly Negotiate ur Required Salary

Skill development - Excellent

+2 more

Dislikes

Growth for higher level is okay But when Coming to low level is Slow I mean for A.M and Manager is Okay but when coming to Executive, Senior Executive..Slow

Promotions - Poor

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Karvy Insurance Repository Underwriting Executive Salary FAQs

What is the salary of Underwriting Executive at Karvy Insurance Repository ?

The average salary of a Underwriting Executive at Karvy Insurance Repository in India typically ranges from ₹2.7 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Underwriting Executive at Karvy Insurance Repository earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Underwriting Executive Salaries at Karvy Insurance Repository 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 4 Karvy Insurance Repository employees in India.

What is the estimated take home salary of a Underwriting Executive at Karvy Insurance Repository in India?

The estimated take-home salary of a Underwriting Executive at Karvy Insurance Repository in India typically ranges from ₹20,152 to ₹21,813 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 2 years to 5 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 4 salaries received from various employees of Karvy Insurance Repository. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Karvy Insurance Repository for Underwriting Executive in India?

SBI Cards & Payment Services	₹3.0 Lakhs to ₹4.8 Lakhs per year
EXL Service	₹3.0 Lakhs to ₹5.5 Lakhs per year
Accenture	₹1.2 Lakhs to ₹6.3 Lakhs per year
Star Health & Allied Insurance	₹2.0 Lakhs to ₹4.5 Lakhs per year

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

What is the salary of a Underwriting Executive in companies similar to Karvy Insurance Repository in India?

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

Datamatics Global Services

₹2.1 Lakhs to ₹3.3 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 Executive at Karvy Insurance Repository in India?

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

Experience	Average Salary Range
2 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Karvy Insurance Repository Underwriting Executive Salaries

Karvy Insurance Repository Underwriting Executive salary in India ranges between ₹2.7 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Karvy Insurance Repository latest salaries received from various employees of Karvy Insurance Repository.

Karvy Insurance Repository Underwriting Executive salaries in India

Companies similar to Karvy Insurance Repository for Underwriting Executive

Latest annual salaries shared by Karvy Insurance Repository Underwriting Executive

Experience wise Karvy Insurance Repository Underwriting Executive salaries

Similar Designation salaries in Karvy Insurance Repository

Salary related reviews for Karvy Insurance Repository

Executive in Hyderabad / Secunderabad

Team Lead in Hyderabad / Secunderabad

Operations Manager

Operations Executive in Nanakramguda, Narsing Road

Karvy Insurance Repository Underwriting Executive Salary FAQs

Tell us how to improve this page.