Shriram General Insurance Underwriter Salaries by 4 Employees (Updated 2025)

0 - 4 years exp.

₹2.2 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Underwriter Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriter Salary 0 - 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Finance & Accounting Underwriter Salary 1 year exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 25 Nov 2024

Companies similar to Shriram General Insurance for Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Underwriter Salary 0 - 3 years exp. (45 salaries)	₹3.7 L/yr - ₹10 L/yr 94% more
Bajaj Allianz General Insurance Underwriter Salary 2 - 10 years exp. (11 salaries)	₹1 L/yr - ₹5.7 L/yr 1% more	3 job openings
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HDFC Ergo General Insurance Underwriter Salary 0 - 7 years exp. (13 salaries)	₹3 L/yr - ₹7.2 L/yr 91% more
Reliance General Insurance Underwriter Salary 0 - 3 years exp. (12 salaries)	₹3 L/yr - ₹8 L/yr 68% more
Tata AIG Underwriter Salary 0 - 5 years exp. (39 salaries)	₹5.2 L/yr - ₹17.1 L/yr 173% more
United India Insurance Company Underwriter Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3.3 L/yr 12% less
National Insurance Company Underwriter Salary 1 - 4 years exp. (8 salaries)	₹1.5 L/yr - ₹3 L/yr 38% less
The New India Assurance Co. Underwriter Salary 0 - 6 years exp. (8 salaries)	₹1 L/yr - ₹5.1 L/yr 39% more
Royal Sundaram General Insurance Underwriter Salary 1 - 13 years exp. (15 salaries)	₹4.8 L/yr - ₹13 L/yr 160% more
Cholamandalam MS General Insurance Underwriter Salary 0 - 9 years exp. (10 salaries)	₹2 L/yr - ₹9.9 L/yr 50% more
Magma HDI General Insurance Underwriter Salary 0 - 5 years exp. (7 salaries)	₹3.4 L/yr - ₹8.1 L/yr 43% more
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IndiaFirst Life Insurance Underwriter Salary 4 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹6 L/yr 21% more
Digit Insurance Underwriter Salary 0 - 7 years exp. (5 salaries)	₹8 L/yr - ₹11.4 L/yr 171% more	2 job openings
Allianz Services Underwriter Salary 4 - 8 years exp. (5 salaries)	₹5.5 L/yr - ₹7.9 L/yr 85% more
Swiss Re Underwriter Salary 1 - 8 years exp. (4 salaries)	₹7.4 L/yr - ₹26 L/yr 389% more	1 job opening
Bharti AXA Life Insurance Underwriter Salary 0 - 5 years exp. (4 salaries)	₹3.8 L/yr - ₹7.5 L/yr 55% more
Edelweiss Life Insurance Underwriter Salary 2 - 4 years exp. (4 salaries)	₹3.6 L/yr - ₹6 L/yr 29% more
MetLife Underwriter Salary 1 - 3 years exp. (3 salaries)	₹3.4 L/yr - ₹4.2 L/yr 6% more
Universal Sompo General Insurance Underwriter Salary 1 - 5 years exp. (3 salaries)	₹5.1 L/yr - ₹7.1 L/yr 78% more

Underwriter salary at Shriram General Insurance ranges between ₹2.2 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram General Insurance.

Experience wise Shriram General Insurance Underwriter salaries

Last Updated: 25 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.4 L/yr
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹5 L/yr
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2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.6 L/yr

Similar Designation salaries in Shriram General Insurance

Senior Underwriter Salary

(4 salaries)

₹3 L/yr - ₹4.5 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Underwriting Manager Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Team Lead Salary

(5 salaries)

₹2.9 L/yr - ₹4 L/yr

Senior Associate Salary

(4 salaries)

₹3 L/yr - ₹3.8 L/yr

Deputy Manager Salary

(60 salaries)

₹4 L/yr - ₹8 L/yr

Management Trainee Salary

(25 salaries)

₹2.6 L/yr - ₹6.75 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 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.

Job security - Excellent

+2 more

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.

Salary - Poor

Marketing Executive in Kochi

Full Time

Sales & Business Development Department

2.0

• posted on 27 Dec 2024

1.0

for Salary and Benefits

Likes

Company growth is high rate. So job security is very high . Excellent traning and advanced technology

Skill development - Good

+2 more

Dislikes

...to stress and imbalance. Difficulty in tracking and obtaining incentives fairly. Salary packages do not align with the amount and quality of work expected.

Salary - Bad

+2 more

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

Salary - Poor

+5 more

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

Salary - Bad

+6 more

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.

Salary - Bad

+4 more

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Shriram General Insurance Underwriter Salary FAQs

What is the salary of Underwriter at Shriram General Insurance?

Underwriter salary at Shriram General Insurance in India ranges between ₹2.2 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 32% less than the average 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 Underwriter at Shriram General Insurance India compare with the average salary range for this job?

The average salary of a Underwriter at Shriram General Insurance is 32% less than the average salary of a Underwriter in India. To know exact salary insights, login to view.

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

Swiss Re Underwriter Salary - ₹7.4 Lakhs to ₹26.0 Lakhs per year
Tata AIG Underwriter Salary - ₹5.2 Lakhs to ₹17.1 Lakhs per year
Digit Insurance Underwriter Salary - ₹8.0 Lakhs to ₹11.4 Lakhs per year
Royal Sundaram General Insurance Underwriter Salary - ₹4.8 Lakhs to ₹13.0 Lakhs per year
ICICI Lombard General Insurance Company Underwriter Salary - ₹3.7 Lakhs to ₹10.0 Lakhs per year

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

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
Universal Sompo General Insurance Underwriter Salary - ₹5.1 Lakhs to ₹7.1 Lakhs per year
Reliance General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
Bharti AXA Life Insurance Underwriter Salary - ₹3.8 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Underwriter at Shriram General Insurance ranges between ₹26,423 per month to ₹27,841 per month in India. The take-home salary calculation is based on the average Shriram General Insurance Underwriter salary in India which ranges between ₹2.2 Lakhs to ₹5.0 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 Underwriter at Shriram General Insurance?

According to AmbitionBox, 50% of the Shriram General Insurance Underwriters reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Shriram General Insurance Underwriter Salaries

Shriram General Insurance Underwriter salary in India ranges between ₹2.2 Lakhs to ₹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.