Munich Re Mumbai Underwriter Salaries by 3 Employees

9 - 10 years exp.

₹20 Lakhs - ₹29 Lakhs

Low Confidence

Salary of majority employees

312% more than the average Underwriter Salary in Financial Services Companies for 9 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriter Salary 10 years exp. (AmbitionBox Estimate)	₹21.7 L/yr - ₹26.5 L/yr
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Construction & Site Engineering Underwriter Salary 9 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr

Last Updated: 10 Aug 2023

Companies similar to Munich Re for Underwriter in Mumbai

Munich Re Underwriter Salary

9 - 10 years exp. (3 salaries)

₹20 L/yr - ₹29 L/yr

Company name	Avg Annual Salary	Open Jobs
Kissht Finance Underwriter Salary 2 - 6 years exp. (8 salaries)	₹2.2 L/yr - ₹3 L/yr 89% less
SitusAMC Underwriter Salary 3 - 12 years exp. (102 salaries)	₹4.5 L/yr - ₹10.1 L/yr 70% less
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Techsurance Underwriter Salary 0 - 2 years exp. (25 salaries)	₹1.8 L/yr - ₹3.2 L/yr 91% less
Tata AIG Underwriter Salary 0 - 6 years exp. (19 salaries)	₹5.5 L/yr - ₹17.4 L/yr 60% less
ICICI Lombard General Insurance Company Underwriter Salary 0 - 3 years exp. (16 salaries)	₹5 L/yr - ₹10 L/yr 68% less

Underwriter salary at Munich Re ranges between ₹20 Lakhs to ₹29 Lakhs per year for employees with experience between 9 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Munich Re.

Experience wise Munich Re Underwriter salaries in Mumbai

Last Updated: 10 Aug 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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10 years (AmbitionBox Estimate)	₹23.9 L/yr - ₹30.5 L/yr

Similar Designation salaries in Munich Re

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₹6 L/yr - ₹8 L/yr

Top skills at Munich Re for Underwriter

Underwriting Insurance Agriculture Profitability Health Insurance Reinsurance risk

Salary related reviews for Munich Re

Data Science Intern in The Capital, BKC, Mumbai

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• posted on 18 May 2022

5.0

for Salary and Benefits

Likes

The exposure and appreciation one can get here is tremendous. If you want to learn and grow this is one of the best organisations that comes with really good culture, complete work and personal life balance lastly with highly supportive, energy packed and cheerful managers and colleagues.

Salary - Excellent

+6 more

Dislikes

I am working here since last 5 months and I personally didn't find anything that to say about what dislike. Even colleagues from my department and other departments would also talk same. But again this experience may vary person to person.

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Munich Re Underwriter Salary FAQs

How the salary growth look like for a Underwriter at Munich Re in Mumbai?

The salary growth for a Underwriter at Munich Re in Mumbai depends on factors such as experience, performance, and promotions. On average, a Underwriter in Mumbai can expect the following growth trajectory at Munich Re:

Experience	Average Salary Range
9 years	₹18.0 Lakhs to ₹23.0 Lakhs per year
10 years	₹23.9 Lakhs to ₹30.5 Lakhs per year

and so on.

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Munich Re Underwriter Salaries in Mumbai

Munich Re Underwriter salary in Mumbai ranges between ₹20 Lakhs to ₹29 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Munich Re latest salaries received from various employees of Munich Re.

Munich Re Underwriter salaries in Mumbai