Optima Insurance Brokers Assistant Manager Underwriting Salaries by 4 Employees

11 - 16 years exp.

₹5.4 Lakhs - ₹12 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% more than the average Assistant Manager Underwriting Salary in Financial Services Companies for 11 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Underwriting Salary 11 - 14 years exp. (3 salaries)	₹5.4 L/yr - ₹6.9 L/yr
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Finance & Accounting Assistant Manager Underwriting Salary 16 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 7 Oct 2023

Companies similar to Optima Insurance Brokers for Assistant Manager Underwriting

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Assistant Manager Underwriting Salary 4 - 15 years exp. (7 salaries)	₹6.5 L/yr - ₹9 L/yr 4% less
PNB MetLife Assistant Manager Underwriting Salary 2 - 6 years exp. (7 salaries)	₹5.1 L/yr - ₹7.2 L/yr 25% less
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SBI Life Insurance Company Assistant Manager Underwriting Salary 9 - 15 years exp. (7 salaries)	₹5.1 L/yr - ₹7.8 L/yr 9% less
ICICI Prudential Life Insurance Assistant Manager Underwriting Salary 2 - 6 years exp. (6 salaries)	₹4.8 L/yr - ₹6.2 L/yr 30% less
Tata AIA Life Insurance Assistant Manager Underwriting Salary 7 - 18 years exp. (6 salaries)	₹6.4 L/yr - ₹11.5 L/yr 21% more	2 job openings

Assistant Manager Underwriting salary at Optima Insurance Brokers ranges between ₹5.4 Lakhs to ₹12 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Optima Insurance Brokers.

Experience wise Optima Insurance Brokers Assistant Manager Underwriting salaries

Last Updated: 7 Oct 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹5.4 L/yr
12 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
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13 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹12.7 L/yr
14 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹14.8 L/yr
15+ years (AmbitionBox Estimate)	₹4 L/yr - ₹12 L/yr

Similar Designation salaries in Optima Insurance Brokers

Senior Underwriter Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Salary related reviews for Optima Insurance Brokers

2.0

Rated by 1 employees for salary & benefits

Executive Trainee in New Delhi

Full Time

Sales Department

3.0

• posted on 27 Mar 2018

3.0

for Salary and Benefits

Likes

The firm is very good when it comes to knowledge and skill development. The management and staff here is quite supportive but as the firm has no frequent reward and recognition policy you get no option to evaluate yourself and your performance.

Skill development - Good

+2 more

Dislikes

I think the firm can offer better pay and designation to the employees, as it will motivate them to work better. Also there should be a process of rating employees so that they can check their level of development and grow along the firm.

Vice President Sales & Marketing (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 22 May 2023

1.0

for Salary and Benefits

Likes

Freedom Not Everyday Pressure

Work-life balance - Good

Dislikes

No Involvement by seniors You are on your own Very Very stingy Management Looks like there is no money in company No Planning, Ideas Completely you will be on your won without any help

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Optima Insurance Brokers Assistant Manager Underwriting Salary FAQs

What is the salary of Assistant Manager Underwriting at Optima Insurance Brokers ?

The average salary of a Assistant Manager Underwriting at Optima Insurance Brokers in India typically ranges from ₹5.4 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Assistant Manager Underwriting at Optima Insurance Brokers earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Assistant Manager Underwriting Salaries at Optima Insurance Brokers 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 Optima Insurance Brokers employees in India.

What is the estimated take home salary of a Assistant Manager Underwriting at Optima Insurance Brokers in India?

The estimated take-home salary of a Assistant Manager Underwriting at Optima Insurance Brokers in India typically ranges from ₹57,510 to ₹58,956 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 11 years to 16 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 Optima Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Optima Insurance Brokers for Assistant Manager Underwriting in India?

Tata AIA Life Insurance

₹6.4 Lakhs to ₹11.5 Lakhs per year

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

What is the salary of a Assistant Manager Underwriting in companies similar to Optima Insurance Brokers in India?

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

Bajaj Allianz General Insurance	₹6.5 Lakhs to ₹9.0 Lakhs per year
SBI Life Insurance Company	₹5.1 Lakhs to ₹7.8 Lakhs per year
PNB MetLife	₹5.1 Lakhs to ₹7.2 Lakhs per year
ICICI Prudential Life Insurance	₹4.8 Lakhs to ₹6.2 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 Assistant Manager Underwriting at Optima Insurance Brokers in India?

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

Experience	Average Salary Range
11 years	₹5.4 Lakhs to ₹5.4 Lakhs per year
12 years	₹5.3 Lakhs to ₹6.7 Lakhs per year
13 years	₹6.9 Lakhs to ₹12.7 Lakhs per year
14 years	₹6.9 Lakhs to ₹14.8 Lakhs per year

and so on.

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Optima Insurance Brokers Assistant Manager Underwriting Salaries

Optima Insurance Brokers Assistant Manager Underwriting salary in India ranges between ₹5.4 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Optima Insurance Brokers latest salaries received from various employees of Optima Insurance Brokers.