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3.7

based on 1.5k Reviews

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SBI General Insurance Underwriting Manager salaries in New Delhi

Annual salary range
7 - 15 years exp.
₹8 Lakhs - ₹13 Lakhs
Salary of majority employees
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14% more than the average Underwriting Manager Salary in Insurance Companies for 7 - 15 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Underwriting Manager Salary
10 - 15 years exp. (3 salaries)
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₹10 L/yr - ₹13 L/yr

BFSI, Investments & Trading
Underwriting Manager Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹10.9 L/yr

Finance & Accounting
Underwriting Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹11 L/yr

Last Updated: 8 Apr 2024

Companies similar to SBI General Insurance for Underwriting Manager in New Delhi

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SBI General Insurance Underwriting Manager Salary

7 - 15 years exp. (7 salaries)

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₹8 L/yr - ₹13 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹8.7 L/yr - ₹12 L/yr

At par
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₹6 L/yr - ₹8.7 L/yr

arrow icon 24% less
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Tata AIG Underwriting Manager Salary

2 - 5 years exp. (3 salaries)

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₹7.8 L/yr - ₹9.3 L/yr

arrow icon 11% less
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₹2.7 L/yr - ₹7.3 L/yr

arrow icon 50% less
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₹10.2 L/yr - ₹15 L/yr

arrow icon 31% more
Underwriting Manager salary at SBI General Insurance ranges between ₹8 Lakhs to ₹13 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Underwriting Manager in New Delhi

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8 years exp.
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7 years exp.
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12 years exp.
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9 years exp.
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10 years exp.
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8 years exp.
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15 years exp.

Experience wise SBI General Insurance Underwriting Manager salaries in New Delhi

Last Updated: 8 Apr 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)

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₹8 L/yr - ₹17.7 L/yr
10 years (AmbitionBox Estimate)

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₹4 L/yr - ₹11 L/yr
11 years (AmbitionBox Estimate)

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₹9.2 L/yr - ₹11.7 L/yr
View all

Similar Designation salaries in SBI General Insurance

Deputy Manager Salary
(12 salaries)
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₹4.6 L/yr - ₹5.95 L/yr
Chief Manager Salary
(5 salaries)
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₹16 L/yr - ₹18 L/yr

Top skills at SBI General Insurance for Underwriting Manager

Medical Underwriting Risk Assessment Stakeholder Management Risk Analysis Financial Analysis Insurance Underwriting Technical Analysis Business Planning Risk Assessment Underwriting

Salary related reviews for SBI General Insurance

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 07 Jun 2024

1.0
 for  Salary and Benefits

Likes

You will get your salary on time. Apart from this nothing is good about this company.

read more

Dislikes

Nothing is good about this company. Company doesnt give work from home, but those people who are close to the higher management get plenty of work from home. If you are hard working, no one cares, if you are smart worker, no one cares. But if you know someone very important in the organisation then you are important. Favouritism and fawning are the only 2 qualities which will take you to heights. There is no transparency in the team, boss will discuss important matter with only those people who are close to him. Different department people will be made your boss who will himself not know the work. If you complain to the HR then HR will complain about you to your boss and your boss will make your life miserable. If your boss doesnt like you, he will not give you work and will purposely put u in pip. Competent people have left the organization and those who are here since the past 10 years are so lethargic and useless that you with be able to work with them. The HR does nothing to remove this toxicity and HR is also lethargic. A simple offer letter HR will release after 20 days. If you ask to change ur phone number in company portal HR will take minimum 6 months. My suggestion is, even if you are unemployed please dont join SBI General.

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Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 04 Oct 2024

1.0
 for  Salary and Benefits

Likes

Nothing...

Dislikes

No work culture, No work life balance, No salary structure, Unnecessary salary deduction with no reason, No HR policies, No support Overall useless and worthless company, can lead to mental issues and health issues if worked here... Do not join..

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Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 29 Jan 2024

3.0
 for  Salary and Benefits

Likes

Work life balance little bit when company wants to keep employee otherwise nothing to like.

Dislikes

...ics and poor people management. No top management support No skills development Low salary package

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 10 May 2023

1.0
 for  Salary and Benefits

Likes

Work as a team.supoort each other

Dislikes

1 pay roll is less. Ihave worked with salary of 13000 and comp taken mba person same job 25000salart new comers also getting 20000 salary 2)increment is not done by calibar it is gone by licking a$$ of manager got 2rating.....other also who work hard got1/2. But buttering emp got 4star rating 3)company official are more interested in home life then work life. 4)company dont give opportunity for movement in other sector...tl also guide as a headache. Job if new post are available. 5)working feels good out of office within office it a jail like scenario where lunch break/tea all are fixed...we have to move with team if we are starting not... 6)manager and hr are not helping for any scenario. .

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Full Time

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Business Development Department

2.0
  •  posted on 17 Sep 2022

2.0
 for  Salary and Benefits

Likes

Like you can say... Working with branch managers , can see yourself always professional . People will treat you like banker.

read more

Dislikes

No growth and promotion No good salary Not ethical practices followed. Your boss treat you like slave... Officially as per HR policy every Saturday is off... But you have to work on each Saturday as per your boss. Nothing to learn .

read more
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SBI General Insurance Underwriting Manager Salary FAQs

What is the salary of Underwriting Manager at SBI General Insurance New Delhi?
Underwriting Manager salary at SBI General Insurance in New Delhi ranges between ₹8.0 Lakhs to ₹13.0 Lakhs for experience between 7 years to 15 years. According to our estimates it is 14% more than the average Underwriting Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of SBI General Insurance New Delhi.
How does the salary of a Underwriting Manager at SBI General Insurance New Delhi compare with the average salary range for this job?
The average salary of a Underwriting Manager at SBI General Insurance is 14% more than the average salary of a Underwriting Manager in New Delhi. To know exact salary insights, login to view.
What are the top skills required to work as a Underwriting Manager at SBI General Insurance?
Medical Underwriting, Risk Assessment, Stakeholder Management, Risk Analysis and Financial Analysis are some of the popular skills required to work as a Underwriting Manager at SBI General Insurance New Delhi.
Which similar companies are paying more than SBI General Insurance to a Underwriting Manager in New Delhi?
  • SBI Life Insurance Company Underwriting Manager Salary - ₹10.2 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Underwriting Manager in companies similar to SBI General Insurance in New Delhi?
  • ICICI Lombard General Insurance Company Underwriting Manager Salary - ₹8.7 Lakhs to ₹12.0 Lakhs per year
  • Tata AIG Underwriting Manager Salary - ₹7.8 Lakhs to ₹9.3 Lakhs per year
  • Reliance General Insurance Underwriting Manager Salary - ₹6.0 Lakhs to ₹8.7 Lakhs per year
  • Care Health Insurance Underwriting Manager Salary - ₹2.7 Lakhs to ₹7.3 Lakhs per year
What is the estimated take home salary of a Underwriting Manager at SBI General Insurance in New Delhi?
The estimated take-home salary of a Underwriting Manager at SBI General Insurance ranges between ₹73,580 per month to ₹75,481 per month in New Delhi. The take-home salary calculation is based on the average SBI General Insurance Underwriting Manager salary in India which ranges between ₹8.0 Lakhs to ₹13.0 Lakhs per year for employees with experience between 7 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Underwriting Manager at SBI General Insurance in New Delhi?
According to AmbitionBox, 83% of the SBI General Insurance Underwriting Managers in New Delhi reported a notice period of 3 Months, 17% reported a notice period of 15 days or less.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI General Insurance Underwriting Manager salary in New Delhi ranges between ₹8 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 SBI General Insurance latest salaries received from various employees of SBI General Insurance.