Shriram General Insurance Motor Underwriter Salaries by 4 Employees (Updated 2024)

1 - 9 years exp.

₹2.5 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Motor Underwriter Salary in Insurance Companies for 1 - 9 years of experience

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Last Updated: 14 Jun 2023

Companies similar to Shriram General Insurance for Motor Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Motor Underwriter Salary 3 - 6 years exp. (3 salaries)	₹6.6 L/yr - ₹11.9 L/yr 146% more
Bajaj Allianz General Insurance Motor Underwriter Salary 4 - 10 years exp. (5 salaries)	₹2.7 L/yr - ₹5.8 L/yr 27% more
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Reliance General Insurance Motor Underwriter Salary 1 - 8 years exp. (3 salaries)	₹6 L/yr - ₹8 L/yr 131% more
The New India Assurance Co. Motor Underwriter Salary 0 - 9 years exp. (3 salaries)	₹3.1 L/yr - ₹13.1 L/yr 136% more
Royal Sundaram General Insurance Motor Underwriter Salary 12 - 15 years exp. (3 salaries)	₹5.7 L/yr - ₹6.8 L/yr 95% more
Magma HDI General Insurance Motor Underwriter Salary 0 - 9 years exp. (5 salaries)	₹2.8 L/yr - ₹7.5 L/yr 92% more
Digit Insurance Motor Underwriter Salary 4 - 5 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 27% more

Motor Underwriter salary at Shriram General Insurance ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram General Insurance.

Experience wise Shriram General Insurance Motor Underwriter salaries

Last Updated: 14 Jun 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Shriram General Insurance

Senior Underwriter Salary

(4 salaries)

₹3 L/yr - ₹4.5 L/yr

Underwriter Salary

(4 salaries)

₹2.2 L/yr - ₹5.04 L/yr

Senior Associate Salary

(4 salaries)

₹3 L/yr - ₹3.8 L/yr

Management Trainee Salary

(25 salaries)

₹2.6 L/yr - ₹10 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Team Lead Salary

(5 salaries)

₹2.9 L/yr - ₹4 L/yr

Underwriting Manager Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Deputy Manager Salary

(63 salaries)

₹4 L/yr - ₹7.75 L/yr

Senior Process Associate Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Shriram General Insurance

Deputy Manager in Jaipur

Theft Claims Department

3.0

• posted on 21 Sep 2019

2.0

for Salary and Benefits

Likes

The company never gives mental stress to there employees. The work culture is good. Apart from the company policy. My boss always taught us the lessons of life. How to deal with professional & personal life. There is no hire & fire policy in the company if you are an hard worker. I also like the re-hire policy of the company.

Dislikes

Compensation is very less & growth is also very slow. There is no internal training programs for the employees. There is too much chaplusi done by some persons of senior members due to which the worth keeping person never uplift by the company.

Insurance Operations Executive in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 23 Oct 2024

2.0

for Salary and Benefits

Likes

TRAINING IS GOOD 👍 EASILY UNDERSTAND THE WORK

Dislikes

Timings not good Salary Also Less Saturday Week off not available Some times workings on Sunday's also due month end is Sunday. Marketing and Accounts Team is Not Co Ordinate Properly

Assistant Manager in Barasat

Full Time

Marketing & Communication Department

1.0

• posted on 23 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing to like in this company

Dislikes

I have work here for one month and they didn't give me salary after that I have resigned and they threatened me that I have signed bond of 2 years and company will file a case against me and demanding 6 month salary from me the work culture is very bad upper management use bad language

Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 10 Oct 2023

1.0

for Salary and Benefits

Likes

Learning

Dislikes

...r increasing group companies profit. So employees are under tremendous pressure. Salary is very low comparing to Industry standard. They are forcefully making employees buy there LI policies which is high priced.

Accounts Executive And Cashier in Paradip

Full Time

Finance & Accounting Department

2.0

• posted on 12 Oct 2022

1.0

for Salary and Benefits

Likes

Nothing much to say.

Dislikes

Working in SGI is not satisfactory as the salary is low compared to others peers in same domain in other peer companies and they will make you work late hours for which no incentives is given, at the same time promotions and appraisal is pathetic. You have to forget about appraisal if your working in this company.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Shriram General Insurance Motor Underwriter Salary FAQs

What is the salary of Motor Underwriter at Shriram General Insurance?

Motor Underwriter salary at Shriram General Insurance in India ranges between ₹2.5 Lakhs to ₹4.5 Lakhs for experience between 1 years to 9 years. According to our estimates it is 11% less than the average Motor Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Shriram General Insurance India.

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

The average salary of a Motor Underwriter at Shriram General Insurance is 11% less than the average salary of a Motor Underwriter in India. To know exact salary insights, login to view.

Which similar companies are paying more than Shriram General Insurance to a Motor Underwriter in India?

ICICI Lombard General Insurance Company Motor Underwriter Salary - ₹6.6 Lakhs to ₹11.9 Lakhs per year
The New India Assurance Co. Motor Underwriter Salary - ₹3.1 Lakhs to ₹13.1 Lakhs per year
Reliance General Insurance Motor Underwriter Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year
Royal Sundaram General Insurance Motor Underwriter Salary - ₹5.7 Lakhs to ₹6.8 Lakhs per year
Magma HDI General Insurance Motor Underwriter Salary - ₹2.8 Lakhs to ₹7.5 Lakhs per year

What is the salary of a Motor Underwriter in companies similar to Shriram General Insurance in India?

Digit Insurance Motor Underwriter Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz General Insurance Motor Underwriter Salary - ₹2.7 Lakhs to ₹5.8 Lakhs per year

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

The estimated take-home salary of a Motor Underwriter at Shriram General Insurance ranges between ₹22,502 per month to ₹23,978 per month in India. The take-home salary calculation is based on the average Shriram General Insurance Motor Underwriter salary in India which ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Motor Underwriter at Shriram General Insurance?

According to AmbitionBox, 50% of the Shriram General Insurance Motor Underwriters reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Shriram General Insurance Motor Underwriter Salaries

Shriram General Insurance Motor Underwriter salary in India ranges between ₹2.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shriram General Insurance latest salaries received from various employees of Shriram General Insurance.