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Reliance General Insurance Commercial Underwriting Manager salaries in India

Annual salary range
1 - 11 years exp.
₹5.2 Lakhs - ₹10.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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11% more than the average Commercial Underwriting Manager Salary in Insurance Companies for 1 - 11 years of experience

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Last Updated: 28 Dec 2024

Companies similar to Reliance General Insurance for Commercial Underwriting Manager

Company name Avg Annual Salary Open Jobs
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₹6.4 L/yr - ₹7.7 L/yr

arrow icon 17% less
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₹8.5 L/yr - ₹10.8 L/yr

arrow icon 18% more
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₹12.3 L/yr - ₹15 L/yr

arrow icon 58% more
Commercial Underwriting Manager salary at Reliance General Insurance ranges between ₹5.2 Lakhs to ₹10.5 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 23 latest salaries received from various employees of Reliance General Insurance.

Latest annual salaries shared by Reliance General Insurance Commercial Underwriting Manager

1w ago
₹8.5 Lakhs
11 years exp.
5mo ago
₹6.6 Lakhs
11 years exp.
9mo ago
₹10.5 Lakhs
5 years exp.
1y ago
₹7.8 Lakhs
4 years exp.
1y ago
₹8 Lakhs
3 years exp.
1y ago
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2 years exp.
1y ago
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7 years exp.
1y ago
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2 years exp.
1y ago
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8 years exp.
1y ago
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4 years exp.

Experience wise Reliance General Insurance Commercial Underwriting Manager salaries

Last Updated: 28 Dec 2024

Experience Avg Annual Salary
1 year  (3 salaries)

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₹6 L/yr - ₹15.1 L/yr
2 years  (4 salaries)

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₹6.3 L/yr - ₹15.1 L/yr
3 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹15.2 L/yr
4 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹15.2 L/yr
5 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.5 L/yr
View all

Similar Designation salaries in Reliance General Insurance

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₹4.5 L/yr - ₹13.55 L/yr
Underwriter Salary
(12 salaries)
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₹3 L/yr - ₹8 L/yr
Chief Manager Salary
(46 salaries)
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₹9.75 L/yr - ₹24 L/yr
Deputy Manager Salary
(119 salaries)
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₹3 L/yr - ₹7.5 L/yr
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₹17 L/yr - ₹22.5 L/yr
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₹3.2 L/yr - ₹7 L/yr
Team Lead Salary
(22 salaries)
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₹2 L/yr - ₹8.16 L/yr
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₹4 L/yr - ₹8 L/yr
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₹13.7 L/yr - ₹38 L/yr
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₹1.1 L/yr - ₹3.2 L/yr

Salary related reviews for Reliance General Insurance

2.5

Rated by 6 employees for salary & benefits

Underwriting Department

5.0
  •  posted on 03 Nov 2021

3.0
 for  Salary and Benefits

Likes

Job security

  • Skill development - Good
  • +5 more

Dislikes

HR Policies are unrealistic. The bonus you get for a year of hard work has a retention of 6 months i.e for the work you have done in fy20-21 they will give you bonus in July 21 with the clause that if you resign within next 6 months you would have to return your bonus which in unprecedented

read more

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.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 21 Feb 2025

2.0
 for  Salary and Benefits

Likes

I like friendly culture.

Dislikes

Salary - Average I have been working in this company since January 2022 but my salary still 22k only Promotion - Poor my opportunity was given to another person whose don't know about my product he is onroll as a deputy manager and I am still consultant.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Other Department

2.0
  •  posted on 22 Nov 2024

1.0
 for  Salary and Benefits

Likes

Celebrated festival very well work enthusiasm

Dislikes

Treat the employees like a slave's and treated as backbend officer unsatisfied with the job and they offered very poor salary but they assign too much of work, make conditions for in and out and observed too much that overall work experience is too bad

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Other Department

3.0
  •  posted on 06 Nov 2024

3.0
 for  Salary and Benefits

Likes

Work culture is good

  • Company culture - Excellent
  • +1 more

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

read more
  • Skill development - Poor
  • +1 more
see more salary related reviews

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Reliance General Insurance Commercial Underwriting Manager Salary FAQs

What is the salary of Commercial Underwriting Manager at Reliance General Insurance ?
The average salary of a Commercial Underwriting Manager at Reliance General Insurance in India typically ranges from ₹5.2 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Commercial Underwriting Manager at Reliance General Insurance earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Commercial Underwriting Manager Salaries at Reliance General 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 20+ Reliance General Insurance employees in India.
What is the estimated take home salary of a Commercial Underwriting Manager at Reliance General Insurance in India?
The estimated take-home salary of a Commercial Underwriting Manager at Reliance General Insurance in India typically ranges from ₹62,272 to ₹63,853 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 1 year to 11 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 20+ salaries received from various employees of Reliance General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Reliance General Insurance for Commercial Underwriting Manager in India?
Cholamandalam MS General Insurance ₹12.3 Lakhs to ₹15.0 Lakhs per year
Magma HDI General Insurance ₹8.5 Lakhs to ₹10.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Reliance General Insurance, depending on the role and experience level.
What is the salary of a Commercial Underwriting Manager in companies similar to Reliance General Insurance in India?
The salary of a Commercial Underwriting Manager at companies similar to Reliance General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Ergo General Insurance ₹6.4 Lakhs to ₹7.7 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 Commercial Underwriting Manager at Reliance General Insurance in India?
The salary growth for a Commercial Underwriting Manager at Reliance General Insurance depends on factors such as experience, performance, and promotions. On average, a Commercial Underwriting Manager can expect the following growth trajectory at Reliance General Insurance:

Experience Average Salary Range
1 year ₹6.0 Lakhs to ₹15.1 Lakhs per year
2 years ₹6.3 Lakhs to ₹15.1 Lakhs per year
3 years ₹7.5 Lakhs to ₹15.2 Lakhs per year
4 years ₹7.5 Lakhs to ₹15.2 Lakhs per year
and so on.

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Reliance General Insurance Commercial Underwriting Manager salary in India ranges between ₹5.2 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 23 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.