ManipalCigna Health Insurance Underwriting Manager Salaries by 4 Employees

13 - 15 years exp.

₹7.8 Lakhs - ₹14.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

23% more than the average Underwriting Manager Salary in Insurance Companies for 13 - 15 years of experience

Interested in this particular role?

Last Updated: 8 Aug 2023

Companies similar to ManipalCigna Health Insurance for Underwriting Manager

Company name	Avg Annual Salary	Open Jobs
SBI General Insurance Underwriting Manager Salary 1 - 13 years exp. (28 salaries)	₹5.8 L/yr - ₹13.5 L/yr 10% less
Cholamandalam MS General Insurance Underwriting Manager Salary 4 - 13 years exp. (7 salaries)	₹4.4 L/yr - ₹11.9 L/yr 27% less
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Future Generali India Life Insurance Underwriting Manager Salary 9 - 13 years exp. (6 salaries)	₹10 L/yr - ₹13 L/yr 4% more
Aditya Birla Health Insurance Co Underwriting Manager Salary 9 - 11 years exp. (5 salaries)	₹8.2 L/yr - ₹10.5 L/yr 11% less
Liberty General Insurance Underwriting Manager Salary 4 - 10 years exp. (4 salaries)	₹9.2 L/yr - ₹11 L/yr 2% less
Axis Max Life Insurance Underwriting Manager Salary 5 - 14 years exp. (3 salaries)	₹8.5 L/yr - ₹10 L/yr 13% less
IndiaFirst Life Insurance Underwriting Manager Salary 13 - 15 years exp. (3 salaries)	₹10.8 L/yr - ₹13.8 L/yr 10% more

Underwriting Manager salary at ManipalCigna Health Insurance ranges between ₹7.8 Lakhs to ₹14.6 Lakhs per year for employees with experience between 13 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of ManipalCigna Health Insurance.

Experience wise ManipalCigna Health Insurance Underwriting Manager salaries

Last Updated: 8 Aug 2023

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
14 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
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15+ years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr

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Salary related reviews for ManipalCigna Health Insurance

Agency Manager in Tirupati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Job security - Excellent

+1 more

Dislikes

Full of politics No proper growth No proper pay No clarity on plans Branch manager will be not having any product knowledge just asked us to close the leads with fake information to customers Targeting HR will listen you if u r above branch manager she won't give reply if u less than branch manager No proper channel for complaints

Salary - Bad

+4 more

Relationship Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 25 Jul 2024

1.0

for Salary and Benefits

Likes

Managers behaviour is good, specialy my manager was very gentleman

Dislikes

Low salary,there is no goalsheet for promotion,every month you get different target and you never know your next months target, office premises is very short,training room too short,there is no pantry room,leave policy is horrible, Saturday timing is 9.30 to 1.30,but every Saturday you have be in office till 4-5 pm

Salary - Bad

+4 more

Assistant Manager in Mumbai

Full Time

Human Resources Department

4.0

• posted on 09 Dec 2023

2.0

for Salary and Benefits

Likes

The culture is somehow very friendly

Skill development - Good

+3 more

Dislikes

...here the top management is protected even if some of them are outright are evil. Poor compensation structure. No benefits/perks at all. Very small workspace. People do not have space to sit. And even then work from home is not an option

Salary - Poor

Senior Key Agency Manager in Ludhiana

Full Time

Agency Sales Department

5.0

• posted on 25 Nov 2022

3.0

for Salary and Benefits

Likes

Best Health ins Products in this Health Insurance Sector, the Tag Line of "Ek Baar Lo Accha Lo" and "Expert ki Suno sahi Chuno" is fit for My Company Profiles. Its products for Best for Future Benefits.

Job security - Good

+4 more

Dislikes

Company Target were going higher side so unable to Achive. and salary and insentive is very low about to cost cutting. Training part is very poor. HR Hireing is just Filling the Blanks.

Agency Manager in Udaipur

Other Department

3.0

• posted on 19 Apr 2022

3.0

for Salary and Benefits

Likes

Learning as a new joiner very good. Timely salary payment. Good grow as a sales person. Working is easy in the company. Liked the work as input and output is easy there. Work culture is also good..

Skill development - Good

+1 more

Dislikes

...aggressive to get daily result which is not possible. Either they will mark lwp. Newer got full salary as every month 5-6 lwp marked for all managers.

Job security - Poor

+1 more

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ManipalCigna Health Insurance Underwriting Manager Salary FAQs

What is the salary of Underwriting Manager at ManipalCigna Health Insurance ?

The average salary of a Underwriting Manager at ManipalCigna Health Insurance in India typically ranges from ₹7.8 Lakhs to ₹14.6 Lakhs per year, depending on experience (from 13 years to 15 years).

The top 10% of Underwriting Manager at ManipalCigna Health Insurance earn more than ₹14.6 Lakhs per year, and the top 1% earn over ₹14.6 Lakhs per year. Underwriting Manager Salaries at ManipalCigna Health Insurance 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 ManipalCigna Health Insurance employees in India.

What is the estimated take home salary of a Underwriting Manager at ManipalCigna Health Insurance in India?

The estimated take-home salary of a Underwriting Manager at ManipalCigna Health Insurance in India typically ranges from ₹78,158 to ₹80,188 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹14.6 Lakhs per year for employees with experience ranging from 13 years to 15 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 ManipalCigna Health Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ManipalCigna Health Insurance for Underwriting Manager in India?

IndiaFirst Life Insurance	₹10.8 Lakhs to ₹13.8 Lakhs per year
Future Generali India Life Insurance	₹10.0 Lakhs to ₹13.0 Lakhs per year

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

What is the salary of a Underwriting Manager in companies similar to ManipalCigna Health Insurance in India?

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

Liberty General Insurance	₹9.2 Lakhs to ₹11.0 Lakhs per year
SBI General Insurance	₹5.8 Lakhs to ₹13.5 Lakhs per year
Aditya Birla Health Insurance Co	₹8.2 Lakhs to ₹10.5 Lakhs per year
Axis Max Life Insurance	₹8.5 Lakhs to ₹10.0 Lakhs per year
Cholamandalam MS General Insurance	₹4.4 Lakhs to ₹11.9 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 ManipalCigna Health Insurance in India?

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

Experience	Average Salary Range
13 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
14 years	₹9.8 Lakhs to ₹12.5 Lakhs per year
15 years	₹10.3 Lakhs to ₹13.1 Lakhs per year

and so on.

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ManipalCigna Health Insurance Underwriting Manager Salaries

ManipalCigna Health Insurance Underwriting Manager salary in India ranges between ₹7.8 Lakhs to ₹14.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ManipalCigna Health Insurance latest salaries received from various employees of ManipalCigna Health Insurance.