Royal Sundaram General Insurance Underwriter Salaries by 10+ Employees (Updated 2025)

1 - 13 years exp.

₹4.8 Lakhs - ₹13 Lakhs

Salary of majority employees

76% more than the average Underwriter Salary in Insurance Companies for 1 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriter Salary 1 - 13 years exp. (8 salaries)	₹4.8 L/yr - ₹13.2 L/yr
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Finance & Accounting Underwriter Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹9.6 L/yr

Last Updated: 24 Aug 2024

Companies similar to Royal Sundaram General Insurance for Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Underwriter Salary 0 - 3 years exp. (43 salaries)	₹3.7 L/yr - ₹9.5 L/yr 24% less
HDFC Ergo General Insurance Underwriter Salary 0 - 7 years exp. (13 salaries)	₹3 L/yr - ₹7.2 L/yr 26% less
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Bajaj Allianz General Insurance Underwriter Salary 2 - 10 years exp. (11 salaries)	₹1 L/yr - ₹5.7 L/yr 61% less	3 job openings
Reliance General Insurance Underwriter Salary 0 - 3 years exp. (12 salaries)	₹3 L/yr - ₹8 L/yr 35% less
Tata AIG Underwriter Salary 0 - 5 years exp. (38 salaries)	₹5.2 L/yr - ₹17.4 L/yr 6% more
The New India Assurance Co. Underwriter Salary 0 - 6 years exp. (8 salaries)	₹1 L/yr - ₹6.1 L/yr 39% less
United India Insurance Company Underwriter Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3.3 L/yr 66% less
National Insurance Company Underwriter Salary 1 - 4 years exp. (8 salaries)	₹1.5 L/yr - ₹3 L/yr 76% less
SBI General Insurance Underwriter Salary 0 - 14 years exp. (9 salaries)	₹5 L/yr - ₹14 L/yr 15% more
Max Life Insurance Underwriter Salary 1 - 5 years exp. (11 salaries)	₹2.1 L/yr - ₹3.1 L/yr 74% less
Cholamandalam MS General Insurance Underwriter Salary 0 - 9 years exp. (10 salaries)	₹2 L/yr - ₹9.9 L/yr 42% less
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IndiaFirst Life Insurance Underwriter Salary 4 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹6 L/yr 53% less
Digit Insurance Underwriter Salary 0 - 7 years exp. (5 salaries)	₹8 L/yr - ₹11.4 L/yr 4% more	2 job openings
Allianz Services Underwriter Salary 4 - 8 years exp. (5 salaries)	₹5.5 L/yr - ₹7.9 L/yr 29% less
Swiss Re Underwriter Salary 1 - 6 years exp. (4 salaries)	₹7.5 L/yr - ₹26 L/yr 88% more
Bharti AXA Life Insurance Underwriter Salary 0 - 5 years exp. (4 salaries)	₹3.8 L/yr - ₹7.5 L/yr 40% less
Edelweiss Life Insurance Underwriter Salary 2 - 4 years exp. (4 salaries)	₹3.6 L/yr - ₹6 L/yr 50% less
Shriram General Insurance Underwriter Salary 0 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹5 L/yr 61% less
MetLife Underwriter Salary 1 - 3 years exp. (3 salaries)	₹3.4 L/yr - ₹4.2 L/yr 59% less

Underwriter salary at Royal Sundaram General Insurance ranges between ₹4.8 Lakhs to ₹13 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 15 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance Underwriter salaries

Last Updated: 24 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.6 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr
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3 years (3 salaries)	₹5.1 L/yr - ₹7.6 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹8 L/yr
5 years (3 salaries)	₹4.8 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.6 L/yr
7 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
9 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
10 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
11 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
12 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹14.8 L/yr
13 years (3 salaries)	₹5.2 L/yr - ₹23.3 L/yr

View all

Similar Designation salaries in Royal Sundaram General Insurance

Senior Underwriter Salary

(3 salaries)

₹4.9 L/yr - ₹5.5 L/yr

Analyst Salary

(4 salaries)

₹2 L/yr - ₹3.16 L/yr

Underwriting Manager Salary

(AmbitionBox Estimate)

₹10.7 L/yr - ₹13.7 L/yr

Team Lead Salary

(15 salaries)

₹3.5 L/yr - ₹6.5 L/yr

Senior Associate Salary

(16 salaries)

₹2 L/yr - ₹4 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Deputy Manager Salary

(11 salaries)

₹12 L/yr - ₹17.39 L/yr

Management Trainee Salary

(5 salaries)

₹2.4 L/yr - ₹10.75 L/yr

Process Associate Salary

(4 salaries)

₹2 L/yr - ₹3.2 L/yr

Senior Process Associate Salary

(3 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Top skills at Royal Sundaram General Insurance for Underwriter

General Insurance Team Management

Salary related reviews for Royal Sundaram General Insurance

4.3

Rated by 5 employees for salary & benefits

Back Office Associate in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 26 Oct 2023

3.0

for Salary and Benefits

Likes

No more pressure . Appreciate the thing is providing the Food afternoon. But that also not maintaining properly.

Job security - Good

+2 more

Dislikes

... seems like school identity card. That also nowadays Looking Good. No more trip. If we want means we have to pay. Company not responsible. No more cab facilities. Royal sundaram sets for only the people WHO ARE ON ROLLS.

Promotions - Poor

Territory Sales Manager in Kolkata

Full Time

Merchandising, Retail & eCommerce Department

1.0

• posted on 06 Feb 2024

4.0

for Salary and Benefits

Likes

Products are good to promote. Salary is good.

Salary - Good

Dislikes

HR is reactive and not supportive to employees. Management is not mature to run the show. No one is ready to listen new ideas. Induction has done after 89 days from joining.

Skill development - Bad

+4 more

Sales Support Associate in Nagpur

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 19 Apr 2023

2.0

for Salary and Benefits

Likes

Work balance is quite good and no eager deadlines.

Dislikes

...posting. No policy for getting promotion within team within specific criteria. Appraisal cycle is worst and no clarity every year about bonus even salary hike too. It is also true that in this company higher management does not coperate with lower level staff.

Salary - Poor

+5 more

Branch Incharge in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 12 Sep 2023

1.0

for Salary and Benefits

Likes

Trust they have on team earlier Earlier we have freedom

Job security - Good

Dislikes

...ays...my father was admitted under serious condition finally I lost my father...I worked during period while from Hospital which was known to reporting manager and later my 40 days salary was deducted which was done intentionally and no one supported no one asked me while leaving....I feel very bad of spending my 6+ years with organisation....I was really frustrated during the phase...I have all the evidence

Salary - Bad

+3 more

Operations Executive in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 04 Aug 2021

2.0

for Salary and Benefits

Likes

...oyal Sundaram, your job is absolutely secured, but the growth is very very poor. You will be giving your best for a low package altogether. Otherwise the company is good to survive

Job security - Excellent

+2 more

Dislikes

Salary and growth.

Salary - Poor

+1 more

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Royal Sundaram General Insurance Underwriter Salary FAQs

What is the salary of Underwriter at Royal Sundaram General Insurance?

Underwriter salary at Royal Sundaram General Insurance in India ranges between ₹4.8 Lakhs to ₹13.0 Lakhs for experience between 1 years to 13 years. According to our estimates it is 76% more than the average Underwriter Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Royal Sundaram General Insurance India.

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

The average salary of a Underwriter at Royal Sundaram General Insurance is 76% more than the average salary of a Underwriter in India. To know exact salary insights, login to view.

What are the top skills required to work as a Underwriter at Royal Sundaram General Insurance?

General Insurance and Team Management are some of the popular skills required to work as a Underwriter at Royal Sundaram General Insurance India.

Which similar companies are paying more than Royal Sundaram General Insurance to a Underwriter in India?

Swiss Re Underwriter Salary - ₹7.5 Lakhs to ₹26.0 Lakhs per year
SBI General Insurance Underwriter Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Tata AIG Underwriter Salary - ₹5.2 Lakhs to ₹17.4 Lakhs per year
Digit Insurance Underwriter Salary - ₹8.0 Lakhs to ₹11.4 Lakhs per year

What is the salary of a Underwriter in companies similar to Royal Sundaram General Insurance in India?

ICICI Lombard General Insurance Company Underwriter Salary - ₹3.7 Lakhs to ₹9.5 Lakhs per year
HDFC Ergo General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹7.2 Lakhs per year
Allianz Services Underwriter Salary - ₹5.5 Lakhs to ₹7.9 Lakhs per year
Reliance General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
The New India Assurance Co. Underwriter Salary - ₹1.0 Lakhs to ₹6.1 Lakhs per year

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

The estimated take-home salary of a Underwriter at Royal Sundaram General Insurance ranges between ₹68,122 per month to ₹69,868 per month in India. The take-home salary calculation is based on the average Royal Sundaram General Insurance Underwriter salary in India which ranges between ₹4.8 Lakhs to ₹13.0 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at Royal Sundaram General Insurance?

According to AmbitionBox, 50% of the Royal Sundaram General Insurance Underwriters reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Royal Sundaram General Insurance Underwriter Salaries

Royal Sundaram General Insurance Underwriter salary in India ranges between ₹4.8 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.