Reliance General Insurance Commercial Underwriter Salaries by 4 Employees (Updated 2024)

1 - 4 years exp.

₹6 Lakhs - ₹12.1 Lakhs

Low Confidence

Salary of majority employees

15% more than the average Commercial Underwriter Salary in Insurance Companies for 1 - 4 years of experience

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Last Updated: 17 Nov 2024

Companies similar to Reliance General Insurance for Commercial Underwriter

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Commercial Underwriter Salary 0 - 7 years exp. (6 salaries)	₹7.2 L/yr - ₹14 L/yr 25% more
Biz 2 Credit Info Services Commercial Underwriter Salary 0 - 7 years exp. (43 salaries)	₹2.5 L/yr - ₹10.4 L/yr 31% less
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EXL Service Commercial Underwriter Salary 2 - 15 years exp. (14 salaries)	₹4.7 L/yr - ₹6.5 L/yr 27% less
bluCognition Commercial Underwriter Salary 2 - 6 years exp. (9 salaries)	₹4.2 L/yr - ₹11.5 L/yr 9% less
American Express Commercial Underwriter Salary 9 - 15 years exp. (5 salaries)	₹11.5 L/yr - ₹20 L/yr 98% more

Commercial Underwriter salary at Reliance General Insurance ranges between ₹6 Lakhs to ₹12.1 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Commercial Underwriter salaries

Last Updated: 17 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.4 L/yr - ₹12.1 L/yr
2 years (AmbitionBox Estimate)	₹6 L/yr - ₹14.6 L/yr
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3 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.7 L/yr
4 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹12.9 L/yr

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Top skills at Reliance General Insurance for Commercial Underwriter

Property Underwriting

Salary related reviews for Reliance General Insurance

Deputy Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Jul 2023

2.0

for Salary and Benefits

Likes

Job surity

Dislikes

...ntives criteria. Company shall pay bonus on your based performance of the year. That is no pay such a big amount and company add the clause in your bonus. If you resign before six months company shall recovered your bonus amount.

Deputy Manager Analyst in Mumbai

Full Time

Other Department

3.0

• posted on 06 Nov 2024

3.0

for Salary and Benefits

Likes

Work culture is good

Dislikes

Promotion and hikes are very low. If you join on low package it will be very difficult to get satisfactory hike next year Performance Bonus return - will have to return the bonus if you leave before 6 months after getting bonus so basically you will need to wait total 9 months to get out from the organization

Telesales Officer in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

2.0

• posted on 03 Jan 2024

1.0

for Salary and Benefits

Likes

Good & friendly colleagues , Salary on Time, No formal dresses, office infrastructure, outings events,

Dislikes

No fixed logout timings, no public holidays only one rotational week off, unprofessional HR, unnecessary work pressure every day every hour team leaders use to ask about payment and daily targets what is the update and much more....

Area Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Nov 2023

4.0

for Salary and Benefits

Likes

Depends on the Vertical and Reporting Manager. Bonus, The Remuneration part is very good

Dislikes

Bonus amount has capping of 6 months. Notice period is 3 months. And Like and Dislikes depend upon the current manager.

Deputy Manager Legal in Mumbai

Full Time

Legal & Regulatory Department

1.0

• posted on 24 Mar 2023

1.0

for Salary and Benefits

Likes

Nothing. It's a big Zero.

Dislikes

.... HR is useless. Vertical legal head is a bigtime Loser. Zero work-life balance. Zero salary hike. Zero appraisal. Zero job security. Company culture is worse than worst. Nil job satisfaction. STAY UNEMPLOYED BUT DO NOT JOIN THIS COMPANY !!

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Reliance General Insurance Commercial Underwriter Salary FAQs

What is the salary of Commercial Underwriter at Reliance General Insurance?

Commercial Underwriter salary at Reliance General Insurance in India ranges between ₹6.0 Lakhs to ₹12.1 Lakhs for experience between 1 years to 4 years. According to our estimates it is 15% more than the average Commercial Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Reliance General Insurance India.

How does the salary of a Commercial Underwriter at Reliance General Insurance India compare with the average salary range for this job?

The average salary of a Commercial Underwriter at Reliance General Insurance is 15% more than the average salary of a Commercial Underwriter in India. To know exact salary insights, login to view.

What are the top skills required to work as a Commercial Underwriter at Reliance General Insurance?

Property and Underwriting are some of the popular skills required to work as a Commercial Underwriter at Reliance General Insurance India.

Which similar companies are paying more than Reliance General Insurance to a Commercial Underwriter in India?

American Express Commercial Underwriter Salary - ₹11.5 Lakhs to ₹20.0 Lakhs per year
Bajaj Allianz General Insurance Commercial Underwriter Salary - ₹7.2 Lakhs to ₹14.0 Lakhs per year

What is the salary of a Commercial Underwriter in companies similar to Reliance General Insurance in India?

bluCognition Commercial Underwriter Salary - ₹4.2 Lakhs to ₹11.5 Lakhs per year
EXL Service Commercial Underwriter Salary - ₹4.7 Lakhs to ₹6.5 Lakhs per year
Biz 2 Credit Info Services Commercial Underwriter Salary - ₹2.5 Lakhs to ₹10.4 Lakhs per year

What is the estimated take home salary of a Commercial Underwriter at Reliance General Insurance in India?

The estimated take-home salary of a Commercial Underwriter at Reliance General Insurance ranges between ₹59,662 per month to ₹61,170 per month in India. The take-home salary calculation is based on the average Reliance General Insurance Commercial Underwriter salary in India which ranges between ₹6.0 Lakhs to ₹12.1 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Commercial Underwriter at Reliance General Insurance?

According to AmbitionBox, 100% of the Reliance General Insurance Commercial Underwriters reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Reliance General Insurance Commercial Underwriter Salaries

Reliance General Insurance Commercial Underwriter salary in India ranges between ₹6 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.