SPA Insurance Broking Services Underwriting Manager Salaries by 3 Employees (Updated 2024)

6 - 16 years exp.

₹7.5 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

5% less than the average Underwriting Manager Salary in Financial Services Companies for 6 - 16 years of experience

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Last Updated: 28 Sep 2024

Companies similar to SPA Insurance Broking Services for Underwriting Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Underwriting Manager Salary 0 - 16 years exp. (14 salaries)	₹6 L/yr - ₹10.5 L/yr 3% less
Bajaj Finance Underwriting Manager Salary 1 - 7 years exp. (13 salaries)	₹4.2 L/yr - ₹8.1 L/yr 20% less
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ICICI Lombard General Insurance Company Underwriting Manager Salary 1 - 17 years exp. (10 salaries)	₹5.8 L/yr - ₹14.5 L/yr 9% more
Bajaj Finserv Underwriting Manager Salary 2 - 6 years exp. (7 salaries)	₹4.5 L/yr - ₹7.5 L/yr 25% less
HDFC Life Underwriting Manager Salary 12 - 17 years exp. (5 salaries)	₹9.7 L/yr - ₹18.5 L/yr 54% more
Max Life Insurance Underwriting Manager Salary 2 - 14 years exp. (4 salaries)	₹5 L/yr - ₹10 L/yr At par
IDFC FIRST Bank Underwriting Manager Salary 6 - 8 years exp. (3 salaries)	₹7.2 L/yr - ₹8.1 L/yr 10% less

Underwriting Manager salary at SPA Insurance Broking Services ranges between ₹7.5 Lakhs to ₹10 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of SPA Insurance Broking Services.

Experience wise SPA Insurance Broking Services Underwriting Manager salaries

Last Updated: 28 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
14 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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15+ years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr

Similar Designation salaries in SPA Insurance Broking Services

Chief Manager Salary

(3 salaries)

₹6.5 L/yr - ₹12 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Assistant Vice President Salary

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₹10 L/yr - ₹15 L/yr

Associate Vice President Salary

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₹9 L/yr - ₹11.5 L/yr

Salary related reviews for SPA Insurance Broking Services

Vice President in Kolkata

BFSI, Investments & Trading Department

3.0

• posted on 04 Mar 2022

3.0

for Salary and Benefits

Likes

I was fortunate to have had a good boss who was never nagging. I was allowed in a way to work at my own pace (No, I wasn't lazy) and pressure of target completion was surmountable. The company's policies were somewhat employee friendly and the work culture was alright.

Dislikes

The big bosses in Delhi were with high noses. Every time on a virtual meeting, they keep beating about the bush. Stalling the recruitment of marketing executives, meeting targets were near impossible. No career development prospect in the company and achievements were not lauded.

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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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SPA Insurance Broking Services Underwriting Manager Salary FAQs

What is the notice period for Underwriting Manager at SPA Insurance Broking Services?

According to AmbitionBox, 100% of the SPA Insurance Broking Services Underwriting Managers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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SPA Insurance Broking Services Underwriting Manager Salaries

SPA Insurance Broking Services Underwriting Manager salary in India ranges between ₹7.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SPA Insurance Broking Services latest salaries received from various employees of SPA Insurance Broking Services.