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Reliance General Insurance Underwriting Manager salaries in Mumbai

Annual salary range
0 - 4 years exp.
₹4.5 Lakhs - ₹10 Lakhs
Salary of majority employees
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16% 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

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Reliance General Insurance Underwriting Manager Salary

0 - 4 years exp. (8 salaries)

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₹4.5 L/yr - ₹10 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹5.8 L/yr - ₹14.5 L/yr

arrow icon 12% more
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₹10.5 L/yr - ₹18.4 L/yr

arrow icon 46% more
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₹9.7 L/yr - ₹11.6 L/yr

arrow icon 38% more
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₹10 L/yr - ₹10.1 L/yr

arrow icon 24% more
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₹6 L/yr - ₹10.5 L/yr

arrow icon 1% less
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PNB MetLife Underwriting Manager Salary

2 - 16 years exp. (4 salaries)

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₹3.9 L/yr - ₹11.4 L/yr

arrow icon 9% less
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₹9.6 L/yr - ₹18 L/yr

arrow icon 53% 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.

Latest annual salaries shared by Reliance General Insurance Underwriting Manager in Mumbai

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Experience wise Reliance General Insurance Underwriting Manager salaries in Mumbai

Last Updated: 7 Nov 2023

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹4.5 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.6 L/yr
2 years (AmbitionBox Estimate)

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₹7 L/yr - ₹9 L/yr
3 years  (3 salaries)

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₹7.9 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)

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₹7 L/yr - ₹15.2 L/yr

Similar Designation salaries in Reliance General Insurance

Deputy Manager Salary
(34 salaries)
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₹3.18 L/yr - ₹6 L/yr
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₹4.5 L/yr - ₹10 L/yr
Chief Manager Salary
(27 salaries)
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₹10.05 L/yr - ₹22.3 L/yr
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₹17.6 L/yr - ₹38 L/yr
Analyst Salary
(4 salaries)
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₹6.9 L/yr - ₹8.5 L/yr
Underwriter Salary
(3 salaries)
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₹3 L/yr - ₹8 L/yr
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₹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

Salary related reviews for Reliance General Insurance

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

 · 

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

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,

read more
  • Skill development - Good

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....

read more
  • Salary - Bad
  • +3 more

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

read more
  • Salary - Good

Dislikes

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

read more
  • Job security - Poor
  • +2 more
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Reliance General Insurance Underwriting Manager Salary FAQs

What is the salary of Underwriting Manager at Reliance General Insurance Mumbai?
Underwriting Manager salary at Reliance General Insurance in Mumbai ranges between ₹4.5 Lakhs to ₹10.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 16% less than the average Underwriting Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Reliance General Insurance Mumbai.
How does the salary of a Underwriting Manager at Reliance General Insurance Mumbai compare with the average salary range for this job?
The average salary of a Underwriting Manager at Reliance General Insurance is 16% less than the average salary of a Underwriting Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Underwriting Manager at Reliance General Insurance?
Claims, Health Insurance, IRDA, travel insurance and Customer Satisfaction are some of the popular skills required to work as a Underwriting Manager at Reliance General Insurance Mumbai.
Which similar companies are paying more than Reliance General Insurance to a Underwriting Manager in Mumbai?
  • Tata AIA Life Insurance Underwriting Manager Salary - ₹9.6 Lakhs to ₹18.0 Lakhs per year
  • HDFC Ergo General Insurance Underwriting Manager Salary - ₹10.5 Lakhs to ₹18.4 Lakhs per year
  • SBI General Insurance Underwriting Manager Salary - ₹9.7 Lakhs to ₹11.6 Lakhs per year
  • Future Generali India Life Insurance Underwriting Manager Salary - ₹10.0 Lakhs to ₹10.1 Lakhs per year
  • ICICI Lombard General Insurance Company Underwriting Manager Salary - ₹5.8 Lakhs to ₹14.5 Lakhs per year
What is the salary of a Underwriting Manager in companies similar to Reliance General Insurance in Mumbai?
  • ICICI Prudential Life Insurance Underwriting Manager Salary - ₹6.0 Lakhs to ₹10.5 Lakhs per year
  • PNB MetLife Underwriting Manager Salary - ₹3.9 Lakhs to ₹11.4 Lakhs per year
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 ranges between ₹59,726 per month to ₹61,235 per month in Mumbai. The take-home salary calculation is based on the average Reliance General Insurance Underwriting Manager salary in India which ranges between ₹4.5 Lakhs to ₹10.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Underwriting Manager at Reliance General Insurance in Mumbai?
According to AmbitionBox, 50% of the Reliance General Insurance Underwriting Managers in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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