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Star Health & Allied Insurance Underwriter salaries in India (Updated 2025)

Annual salary range
0 - 8 years exp.
₹1.4 Lakh - ₹4.1 Lakhs
Salary of majority employees
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51% less than the average Underwriter Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Underwriter Salary
1 - 4 years exp. (11 salaries)
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₹1.7 L/yr - ₹3.9 L/yr

Customer Success, Service & Operations
Underwriter Salary
1 - 8 years exp. (11 salaries)
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₹2 L/yr - ₹4.1 L/yr

Finance & Accounting
Underwriter Salary
0 - 6 years exp. (10 salaries)
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₹1.7 L/yr - ₹3 L/yr

Administration & Facilities
Underwriter Salary
2 - 8 years exp. (5 salaries)
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₹2 L/yr - ₹3 L/yr

IT & Information Security
Underwriter Salary
1 - 3 years exp. (4 salaries)
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₹2.6 L/yr - ₹3.4 L/yr

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Last Updated: 21 Mar 2025

Companies similar to Star Health & Allied Insurance for Underwriter

Company name Avg Annual Salary Open Jobs
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₹5 L/yr - ₹10 L/yr

arrow icon 177% more
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₹2.1 L/yr - ₹6 L/yr

arrow icon 61% more
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SBI Life Insurance Company Underwriter Salary

1 - 12 years exp. (24 salaries)

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₹2.5 L/yr - ₹7.3 L/yr

arrow icon 74% more
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HDFC Life Underwriter Salary

0 - 5 years exp. (17 salaries)

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₹1.8 L/yr - ₹4.7 L/yr

arrow icon 42% more
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₹3 L/yr - ₹7.2 L/yr

arrow icon 161% more
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Axis Max Life Insurance Underwriter Salary

1 - 5 years exp. (11 salaries)

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₹2.1 L/yr - ₹3.1 L/yr

arrow icon 8% less
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₹1 L/yr - ₹5.7 L/yr

arrow icon 38% more
2 job openings
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Gallagher Underwriter Salary

3 - 13 years exp. (10 salaries)

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₹9 L/yr - ₹21 L/yr

arrow icon 377% more
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Bajaj Allianz Life Insurance Underwriter Salary

1 - 11 years exp. (10 salaries)

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₹2.4 L/yr - ₹8 L/yr

arrow icon 55% more
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SBI General Insurance Underwriter Salary

0 - 13 years exp. (8 salaries)

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₹5 L/yr - ₹11.9 L/yr

arrow icon 225% more
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₹1 L/yr - ₹5.1 L/yr

arrow icon 88% more
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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 15% more
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₹5.1 L/yr - ₹9.1 L/yr

arrow icon 168% more
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Shriram Life Insurance Underwriter Salary

1 - 5 years exp. (5 salaries)

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₹1.6 L/yr - ₹3.9 L/yr

arrow icon 8% less
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₹2 L/yr - ₹3.3 L/yr

arrow icon 20% more
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₹3 L/yr - ₹20 L/yr

arrow icon 316% more
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₹1.2 L/yr - ₹3.8 L/yr

arrow icon 26% less
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PNB MetLife Underwriter Salary

2 - 8 years exp. (4 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 96% more
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AIG Underwriter Salary

0 - 6 years exp. (4 salaries)

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₹5 L/yr - ₹8 L/yr

arrow icon 126% more
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MetLife Underwriter Salary

1 - 3 years exp. (3 salaries)

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₹3.4 L/yr - ₹4.2 L/yr

arrow icon 45% more
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Underwriter salary at Star Health & Allied Insurance ranges between ₹1.4 Lakh to ₹4.1 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 64 latest salaries received from various employees of Star Health & Allied Insurance.

Latest annual salaries shared by Star Health & Allied Insurance Underwriter

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Experience wise Star Health & Allied Insurance Underwriter salaries

Last Updated: 21 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.7 L/yr - ₹2.6 L/yr
1 year  (17 salaries)

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₹1.4 L/yr - ₹3.2 L/yr
2 years  (15 salaries)

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₹1.8 L/yr - ₹3.4 L/yr
3 years  (10 salaries)

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₹1.8 L/yr - ₹3.2 L/yr
4 years  (6 salaries)

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₹2.3 L/yr - ₹3.9 L/yr
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Similar Designation salaries in Star Health & Allied Insurance

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₹2.8 L/yr - ₹3.6 L/yr
Analyst Salary
(4 salaries)
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₹3 L/yr - ₹5 L/yr
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₹3 L/yr - ₹5.09 L/yr
Team Lead Salary
(125 salaries)
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₹2 L/yr - ₹6.05 L/yr
Chief Manager Salary
(44 salaries)
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₹5.35 L/yr - ₹23 L/yr
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₹1.4 L/yr - ₹3.1 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
Deputy Manager Salary
(209 salaries)
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₹2.95 L/yr - ₹9.5 L/yr
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₹1.8 L/yr - ₹6.5 L/yr

Salary related reviews for Star Health & Allied Insurance

3.1

Rated by 16 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 21 Feb 2023

1.0
 for  Salary and Benefits

Likes

Salary credit on time

  • Job security - Excellent

Dislikes

They love only agents not employees. I'm doing my job cent percent getting low salary. Who getting more salary they went home very early. Everywhere politics I knew but here over politics.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Healthcare & Life Sciences Department

1.0
  •  posted on 31 Jan 2023

1.0
 for  Salary and Benefits

Likes

This section is not suitable for this company.

Dislikes

...o BDS/BAMS/BHMS, they will not regard you and your credentials. HR is atrocious. Stated salary as per bond not provided. There is no work life balance. Keep on insisting to work on Sunday's in the name of roasters.

read more
  • Salary - Bad
  • +6 more

Finance & Accounting Department

5.0
  •  posted on 13 Jun 2021

5.0
 for  Salary and Benefits

Likes

... policy condition very good and I'm proud that I work in star health company...Every year appraisal fair and they give good salary

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is no dislike

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 14 Jul 2024

2.0
 for  Salary and Benefits

Likes

They can do everything to destroy your Career. They can't pay They have their own rules and regulations

read more

Dislikes

Here seniors migrate your business and earns commission/incentives and will eat your job if you raise a voice.

  • Salary - Poor
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 11 Jun 2024

2.0
 for  Salary and Benefits

Likes

Only salary created on right time

Dislikes

Most third class company in India...no office hours maintained.... Once in a month one Sunday office open...... most of the day working 10am to 10pm or 10 am to 12 pm but actual office time 10 am to 6pm...

read more
  • Salary - Poor
  • +6 more
see more salary related reviews

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Star Health & Allied Insurance Underwriter Salary FAQs

What is the salary of Underwriter at Star Health & Allied Insurance ?
The average salary of a Underwriter at Star Health & Allied Insurance in India typically ranges from ₹1.4 Lakhs to ₹4.1 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Underwriter at Star Health & Allied Insurance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Underwriter Salaries at Star Health & Allied 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 60+ Star Health & Allied Insurance employees in India.
What is the estimated take home salary of a Underwriter at Star Health & Allied Insurance in India?
The estimated take-home salary of a Underwriter at Star Health & Allied Insurance in India typically ranges from ₹18,653 to ₹20,337 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from Fresher to 8 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 60+ salaries received from various employees of Star Health & Allied Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Star Health & Allied Insurance for Underwriter in India?
Gallagher ₹9.0 Lakhs to ₹21.0 Lakhs per year
Life Insurance Corporation of India ₹3.0 Lakhs to ₹20.0 Lakhs per year
Tata AIA Life Insurance ₹6.0 Lakhs to ₹10.5 Lakhs per year
SBI General Insurance ₹5.0 Lakhs to ₹11.9 Lakhs per year
ICICI Lombard General Insurance Company ₹5.0 Lakhs to ₹10.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Star Health & Allied Insurance, depending on the role and experience level.
What is the salary of a Underwriter in companies similar to Star Health & Allied Insurance in India?
The salary of a Underwriter at companies similar to Star Health & Allied Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindara Life Insurance ₹5.1 Lakhs to ₹9.1 Lakhs per year
HDFC Ergo General Insurance ₹3.0 Lakhs to ₹7.2 Lakhs per year
AIG ₹5.0 Lakhs to ₹8.0 Lakhs per year
PNB MetLife ₹2.0 Lakhs to ₹7.0 Lakhs per year
The New India Assurance Co. ₹1.0 Lakhs to ₹5.1 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 Star Health & Allied Insurance in India?
The salary growth for a Underwriter at Star Health & Allied Insurance depends on factors such as experience, performance, and promotions. On average, a Underwriter can expect the following growth trajectory at Star Health & Allied Insurance:

Experience Average Salary Range
Fresher ₹1.7 Lakhs to ₹2.6 Lakhs per year
1 year ₹1.4 Lakhs to ₹3.2 Lakhs per year
2 years ₹1.8 Lakhs to ₹3.4 Lakhs per year
3 years ₹1.8 Lakhs to ₹3.2 Lakhs per year
and so on.

Tell us how to improve this page.

Star Health & Allied Insurance Underwriter salary in India ranges between ₹1.4 Lakh to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 64 Star Health & Allied Insurance latest salaries received from various employees of Star Health & Allied Insurance.