Shriram General Insurance Underwriter Salaries by 4 Employees

0 - 4 years exp.

₹2.2 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

33% 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
Royal Sundaram General Insurance Underwriter Salary 1 - 6 years exp. (16 salaries)	₹3 L/yr - ₹10 L/yr 84% more
Cholamandalam MS General Insurance Underwriter Salary 0 - 9 years exp. (10 salaries)	₹2 L/yr - ₹9.9 L/yr 50% more
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Magma HDI General Insurance Underwriter Salary 0 - 5 years exp. (7 salaries)	₹3.4 L/yr - ₹8.1 L/yr 43% more
IndiaFirst Life Insurance Underwriter Salary 4 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹6 L/yr 21% more
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 - 6 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
Liberty General Insurance Underwriter Salary 1 - 10 years exp. (4 salaries)	₹10.5 L/yr - ₹11.8 L/yr 218% more	2 job openings
MetLife Underwriter Salary 1 - 4 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
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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

(61 salaries)

₹4 L/yr - ₹7.75 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 ?

The average salary of a Underwriter at Shriram General Insurance in India typically ranges from ₹2.2 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Underwriter at Shriram General Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Underwriter Salaries at Shriram General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Shriram General Insurance employees in India.

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 in India typically ranges from ₹26,423 to ₹27,841 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Shriram General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shriram General Insurance for Underwriter in India?

Swiss Re	₹7.4 Lakhs to ₹26.0 Lakhs per year
Liberty General Insurance	₹10.5 Lakhs to ₹11.8 Lakhs per year
Allianz Services	₹5.5 Lakhs to ₹7.9 Lakhs per year
Royal Sundaram General Insurance	₹3.0 Lakhs to ₹10.0 Lakhs per year
Universal Sompo General Insurance	₹5.1 Lakhs to ₹7.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shriram General Insurance, depending on the role and experience level.

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

The salary of a Underwriter at companies similar to Shriram General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharti AXA Life Insurance	₹3.8 Lakhs to ₹7.5 Lakhs per year
Cholamandalam MS General Insurance	₹2.0 Lakhs to ₹9.9 Lakhs per year
Magma HDI General Insurance	₹3.4 Lakhs to ₹8.1 Lakhs per year
Edelweiss Life Insurance	₹3.6 Lakhs to ₹6.0 Lakhs per year
IndiaFirst Life Insurance	₹2.8 Lakhs to ₹6.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Underwriter at Shriram General Insurance in India?

The salary growth for a Underwriter at Shriram General Insurance depends on factors such as experience, performance, and promotions. On average, a Underwriter can expect the following growth trajectory at Shriram General Insurance:

Experience	Average Salary Range
Fresher	₹2.8 Lakhs to ₹7.4 Lakhs per year
1 year	₹1.5 Lakhs to ₹5.0 Lakhs per year
2 years	₹1.4 Lakhs to ₹5.0 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.9 Lakhs per year

and so on.

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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.