Reliance General Insurance Mumbai Underwriting Manager Salaries by 8 Employees

0 - 4 years exp.

₹4.5 Lakhs - ₹10 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% less than the average Underwriting Manager Salary in Insurance Companies for 0 - 4 years of experience

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Last Updated: 7 Nov 2023

Companies similar to Reliance General Insurance for Underwriting Manager in Mumbai

Reliance General Insurance Underwriting Manager Salary

0 - 4 years exp. (8 salaries)

₹4.5 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Underwriting Manager Salary 0 - 16 years exp. (9 salaries)	₹6 L/yr - ₹10.5 L/yr 6% more
SBI General Insurance Underwriting Manager Salary 2 - 13 years exp. (6 salaries)	₹7.1 L/yr - ₹11.6 L/yr 26% more
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ICICI Lombard General Insurance Company Underwriting Manager Salary 1 - 17 years exp. (5 salaries)	₹5.8 L/yr - ₹14.5 L/yr 12% more
PNB MetLife Underwriting Manager Salary 2 - 16 years exp. (4 salaries)	₹3.9 L/yr - ₹11.4 L/yr 9% less
Tata AIA Life Insurance Underwriting Manager Salary 12 - 13 years exp. (3 salaries)	₹11.6 L/yr - ₹18 L/yr 54% more

Underwriting Manager salary at Reliance General Insurance ranges between ₹4.5 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Underwriting Manager salaries in Mumbai

Last Updated: 7 Nov 2023

Experience	Avg Annual Salary
Fresher (3 salaries)	₹4.5 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
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2 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
3 years (3 salaries)	₹7.9 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr

Similar Designation salaries in Reliance General Insurance

Deputy Manager Salary

(38 salaries)

₹3.18 L/yr - ₹6 L/yr

Chief Manager Salary

(26 salaries)

₹10.05 L/yr - ₹24 L/yr

Management Trainee Salary

(23 salaries)

₹4.5 L/yr - ₹7.5 L/yr

Assistant Vice President Salary

(7 salaries)

₹14.5 L/yr - ₹38 L/yr

Analyst Salary

(4 salaries)

₹6.9 L/yr - ₹8.5 L/yr

Underwriter Salary

(3 salaries)

₹3 L/yr - ₹8 L/yr

Senior Associate Salary

(3 salaries)

₹3.5 L/yr - ₹7 L/yr

Top skills at Reliance General Insurance for Underwriting Manager

Claims Health Insurance IRDA travel insurance Customer Satisfaction MIS Preparation MIS Reporting Training Sales Corporate Analytical Data Analysis Portfolio Management Reinsurance Market Analysis

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Reliance General Insurance Underwriting Manager Salary FAQs

What is the salary of Underwriting Manager at Reliance General Insurance in Mumbai?

The average salary of a Underwriting Manager at Reliance General Insurance in Mumbai typically ranges from ₹4.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Underwriting Manager in Mumbai at Reliance General Insurance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. 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 8 Reliance General Insurance employees in India.

What is the estimated take home salary of a Underwriting Manager at Reliance General Insurance in Mumbai?

The estimated take-home salary of a Underwriting Manager at Reliance General Insurance in Mumbai typically ranges from ₹59,726 to ₹61,235 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 8 salaries received from various employees of Reliance General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Underwriting Manager at Reliance General Insurance in Mumbai?

To be a Underwriting Manager at Reliance General Insurance in Mumbai, the key skills required include:

- Claims
- Health Insurance
- IRDA
- travel insurance
- Customer Satisfaction

These skills are highly valued at Reliance General Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Reliance General Insurance for Underwriting Manager in India?

Tata AIA Life Insurance	₹11.6 Lakhs to ₹18.0 Lakhs per year
SBI General Insurance	₹7.1 Lakhs to ₹11.6 Lakhs per year
ICICI Lombard General Insurance Company	₹5.8 Lakhs to ₹14.5 Lakhs per year
ICICI Prudential Life Insurance	₹6.0 Lakhs to ₹10.5 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 Underwriting Manager in companies similar to Reliance General Insurance in Mumbai?

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

PNB MetLife

₹3.9 Lakhs to ₹11.4 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 Reliance General Insurance in Mumbai?

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

Experience	Average Salary Range
Fresher	₹4.5 Lakhs to ₹10.0 Lakhs per year
1 year	₹6.7 Lakhs to ₹8.6 Lakhs per year
2 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
3 years	₹7.9 Lakhs to ₹10.0 Lakhs per year

and so on.

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Reliance General Insurance Underwriting Manager Salaries in Mumbai

Reliance General Insurance Underwriting Manager salary in Mumbai ranges between ₹4.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.