Shriram Life Insurance Underwriter Salaries by 5 Employees (Updated 2025)

1 - 5 years exp.

₹1.6 Lakh - ₹3.9 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Underwriter Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Shriram Life Insurance for Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Underwriter Salary 0 - 5 years exp. (25 salaries)	₹2.1 L/yr - ₹6 L/yr 77% more
HDFC Life Underwriter Salary 0 - 5 years exp. (15 salaries)	₹1.8 L/yr - ₹4.7 L/yr 61% more
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SBI Life Insurance Company Underwriter Salary 0 - 10 years exp. (24 salaries)	₹2 L/yr - ₹6.7 L/yr 63% more
Max Life Insurance Underwriter Salary 1 - 5 years exp. (11 salaries)	₹2.1 L/yr - ₹3.1 L/yr At par
Bajaj Allianz Life Insurance Underwriter Salary 1 - 6 years exp. (8 salaries)	₹2.4 L/yr - ₹6.5 L/yr 44% more
Kotak Mahindara Life Insurance Underwriter Salary 0 - 2 years exp. (6 salaries)	₹4.5 L/yr - ₹6.5 L/yr 130% more
Aditya Birla Sun Life Insurance Underwriter Salary 0 - 4 years exp. (6 salaries)	₹1.7 L/yr - ₹3.5 L/yr 26% more
PNB MetLife Underwriter Salary 2 - 8 years exp. (4 salaries)	₹2 L/yr - ₹7 L/yr 114% more
Tata AIA Life Insurance Underwriter Salary 0 - 15 years exp. (3 salaries)	₹6 L/yr - ₹10.5 L/yr 264% more	2 job openings
Star Health & Allied Insurance Underwriter Salary 1 - 8 years exp. (63 salaries)	₹1.7 L/yr - ₹4.1 L/yr 11% more
ICICI Lombard General Insurance Company Underwriter Salary 0 - 3 years exp. (43 salaries)	₹3.7 L/yr - ₹9.5 L/yr 193% more
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HDFC Ergo General Insurance Underwriter Salary 0 - 7 years exp. (13 salaries)	₹3 L/yr - ₹7.2 L/yr 184% more
Care Health Insurance Underwriter Salary 0 - 7 years exp. (12 salaries)	₹2.4 L/yr - ₹6.2 L/yr 70% more
Gallagher Underwriter Salary 2 - 13 years exp. (11 salaries)	₹5.2 L/yr - ₹20.7 L/yr 381% more
SBI General Insurance Underwriter Salary 0 - 14 years exp. (9 salaries)	₹5 L/yr - ₹14 L/yr 343% more
The New India Assurance Co. Underwriter Salary 0 - 6 years exp. (8 salaries)	₹1 L/yr - ₹6.1 L/yr 137% more
United India Insurance Company Underwriter Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3.3 L/yr 30% more
Life Insurance Corporation of India Underwriter Salary 3 - 31 years exp. (4 salaries)	₹3 L/yr - ₹20 L/yr 353% more
The Oriental Insurance Co. Underwriter Salary 1 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹3.8 L/yr 20% less
AIG Underwriter Salary 0 - 6 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 147% more

View all

Underwriter salary at Shriram Life Insurance ranges between ₹1.6 Lakh to ₹3.9 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Underwriter salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹1.6 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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3 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr

Similar Designation salaries in Shriram Life Insurance

Senior Underwriter Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Underwriting Manager Salary

(AmbitionBox Estimate)

₹7.1 L/yr - ₹9.1 L/yr

Team Lead Salary

(52 salaries)

₹2.4 L/yr - ₹5.5 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Senior Associate Salary

(14 salaries)

₹2.35 L/yr - ₹3.2 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Deputy Manager Salary

(44 salaries)

₹4 L/yr - ₹10 L/yr

Management Trainee Salary

(5 salaries)

₹2 L/yr - ₹10 L/yr

Process Associate Salary

(10 salaries)

₹1.5 L/yr - ₹2.5 L/yr

Top skills at Shriram Life Insurance for Underwriter

Vendor Coordination MIS Underwriting

Salary related reviews for Shriram Life Insurance

4.7

Rated by 2 employees for salary & benefits

Tele Marketing Executive in Chennai

Full Time

Marketing & Communication Department

3.0

• posted on 19 Nov 2024

3.0

for Salary and Benefits

Likes

Sales business so... income is flexible according to your business

Skill development - Good

Dislikes

There are many dislikes.... 1. Salary was not credited by the correct date 2. There are no week off including Sunday working day 3.etc not recommended

Senior Business Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Mar 2024

1.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

Work culture horrible. HR is not bothered. They dont even respond to your calls .salary deduction is ver high .no security for your job they can remove you anytime.horrible company..even sundays they expect to work.

Salary - Bad

+5 more

Unit Manager in Hubli

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Jun 2023

1.0

for Salary and Benefits

Likes

There is not a single good things about Shriram life insurance Company. Its horrible place for work.

Dislikes

Reckless Boss, after joining 1st month salary provided after that No salary no response from HR, your attendance doesn't matters. If they wish then only you will get salary. One of the worst experience I had in 6months.

Salary - Bad

+6 more

Accounts Receivable Executive in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 02 May 2023

4.0

for Salary and Benefits

Likes

I like the work culture and friendly environment with each and every single people and cultural activities are good.

Salary - Good

+6 more

Dislikes

Salaries are less compared to other companies, so push HR in starting itself for ur salary and salary deductions are high these are he dislikes. I felt !

Renewal Executive in Egmore

Full Time

Renewal Department

2.0

• posted on 23 Sep 2022

4.0

for Salary and Benefits

Likes

Salary credited on month end without any failed

Salary - Good

+1 more

Dislikes

Terrible environment I’ve been worked here at last 6 months and I’m literally feeling like depressed because nobody talk about anything other than just performance that they need 100% no matter what or else the TL & Assistant manager will make you feel like that you are just the worse person on this earth rather than motivating you. main thing is cases allocated to callers by partiality. The actual shift time should be 9.30 am to 6.30.pm but the TL & Assistant manager will extend the shit to 8.pm also.. it is like a torture & people feel like depressed. In my entire life I can’t see myself suggesting anyone to join this organisation.

Job security - Bad

+2 more

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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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Shriram Life Insurance Underwriter Salary FAQs

What is the salary of Underwriter at Shriram Life Insurance?

Underwriter salary at Shriram Life Insurance in India ranges between ₹1.6 Lakhs to ₹3.9 Lakhs for experience between 1 years to 5 years. According to our estimates it is 54% less than the average Underwriter Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Shriram Life Insurance India.

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

The average salary of a Underwriter at Shriram Life Insurance is 54% less 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 Shriram Life Insurance?

Vendor Coordination, MIS and Underwriting are some of the popular skills required to work as a Underwriter at Shriram Life Insurance India.

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

Gallagher Underwriter Salary - ₹5.2 Lakhs to ₹20.7 Lakhs per year
Life Insurance Corporation of India Underwriter Salary - ₹3.0 Lakhs to ₹20.0 Lakhs per year
SBI General Insurance Underwriter Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Tata AIA Life Insurance Underwriter Salary - ₹6.0 Lakhs to ₹10.5 Lakhs per year
ICICI Lombard General Insurance Company Underwriter Salary - ₹3.7 Lakhs to ₹9.5 Lakhs per year

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

HDFC Ergo General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹7.2 Lakhs per year
AIG Underwriter Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
The New India Assurance Co. Underwriter Salary - ₹1.0 Lakhs to ₹6.1 Lakhs per year
Kotak Mahindara Life Insurance Underwriter Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year
PNB MetLife Underwriter Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Underwriter at Shriram Life Insurance ranges between ₹16,894 per month to ₹18,603 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Underwriter salary in India which ranges between ₹1.6 Lakhs to ₹3.9 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at Shriram Life Insurance?

According to AmbitionBox, 100% of the Shriram Life Insurance Underwriters reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Shriram Life Insurance Underwriter Salaries

Shriram Life Insurance Underwriter salary in India ranges between ₹1.6 Lakh to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.