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Star Health & Allied Insurance

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3.6

based on 2k Reviews

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Star Health & Allied Insurance Underwriting Executive salaries in Mumbai (Updated 2025)

Annual salary range
1 - 6 years exp.
₹2 Lakhs - ₹4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Underwriting Executive Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Administration & Facilities
Underwriting Executive Salary
1 - 3 years exp. (3 salaries)
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₹2.5 L/yr - ₹3.4 L/yr

BFSI, Investments & Trading
Underwriting Executive Salary
1 - 4 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3.1 L/yr

Customer Success, Service & Operations
Underwriting Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹3.7 L/yr

Finance & Accounting
Underwriting Executive Salary
1 year exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹3.3 L/yr

Last Updated: 19 Mar 2025

Companies similar to Star Health & Allied Insurance for Underwriting Executive in Mumbai

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Star Health & Allied Insurance Underwriting Executive Salary

1 - 6 years exp. (12 salaries)
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₹2 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
ICICI Prudential Life Insurance Underwriting Executive Salary

6 - 10 years exp. (4 salaries)
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₹4 L/yr - ₹5.6 L/yr

arrow icon 53% more
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Tata AIG Underwriting Executive Salary

3 - 6 years exp. (5 salaries)
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₹2 L/yr - ₹5 L/yr

arrow icon 11% less
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Vibhuti Insurance Brokers Underwriting Executive Salary

4 - 11 years exp. (3 salaries)
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₹3.5 L/yr - ₹3.7 L/yr

arrow icon 19% more
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SPA Insurance Broking Services Underwriting Executive Salary

2 - 5 years exp. (3 salaries)
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₹3.2 L/yr - ₹4.2 L/yr

arrow icon 29% more
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Aum Insurance Brokers Underwriting Executive Salary

5 - 7 years exp. (3 salaries)
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₹2.5 L/yr - ₹3.2 L/yr

arrow icon 9% less
Underwriting Executive salary at Star Health & Allied Insurance ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 12 latest salaries received from various employees of Star Health & Allied Insurance.

Latest annual salaries shared by Star Health & Allied Insurance Underwriting Executive in Mumbai

2w ago
₹3.4 Lakhs
3 years exp.
2mo ago
₹2.5 Lakhs
2 years exp.
3mo ago
₹2 Lakhs
2 years exp.
3mo ago
₹3.2 Lakhs
5 years exp.
5mo ago
₹3.2 Lakhs
4 years exp.
9mo ago
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6 years exp.
1y ago
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1 year exp.
1y ago
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3 years exp.
1y ago
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1 year exp.

Experience wise Star Health & Allied Insurance Underwriting Executive salaries in Mumbai

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹2 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
3 years  (3 salaries)

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₹2.3 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
View all

Similar Designation salaries in Star Health & Allied Insurance

Sales Executive Salary
(6 salaries)
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₹2.8 L/yr - ₹4 L/yr
Back Office Executive Salary
(5 salaries)
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₹2 L/yr - ₹2.5 L/yr

Salary related reviews for Star Health & Allied Insurance

4.0

Rated by 1 employees for salary & benefits

Underwriting Executive in Siliguri

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

Relationship Manager in Moradabad

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

Customer Care Executive in Pune

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 01 Feb 2024
1.0
 for  Salary and Benefits

Likes

I'm working there from 2 months but till now not received a single salary. Yesterday all my colleague received but they kept my salary on hold becoz i was present there for last 4/5 days becoz of my illness. Very horrible company they don't care about there employees very bad experience about star health insurance

read more

Dislikes

Bad experience

  • Salary - Bad
    • +6 more

Deputy Manager in Chennai

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

Relationship Manager in Park Street Kolkata

Full Time

 · 

Banca sales Department

1.0
  •  posted on 17 Jul 2022
1.0
 for  Salary and Benefits

Likes

It's a very good company for those who are working for a agency channel.

Dislikes

My review best on banca channel:- Salary is very below as per industry standard No growth Very poor Management No work environment

read more
  • Salary - Bad
    • +4 more
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Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Star Health & Allied Insurance Underwriting Executive Salary FAQs

What is the salary of Underwriting Executive at Star Health & Allied Insurance in Mumbai?
The average salary of a Underwriting Executive at Star Health & Allied Insurance in Mumbai typically ranges from ₹2.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Underwriting Executive in Mumbai at Star Health & Allied Insurance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Underwriting Executive 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 10+ Star Health & Allied Insurance employees in India.
What is the estimated take home salary of a Underwriting Executive at Star Health & Allied Insurance in Mumbai?
The estimated take-home salary of a Underwriting Executive at Star Health & Allied Insurance in Mumbai typically ranges from ₹21,423 to ₹23,065 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 10+ 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 Underwriting Executive in India?
ICICI Prudential Life Insurance ₹4.0 Lakhs to ₹5.6 Lakhs per year
SPA Insurance Broking Services ₹3.2 Lakhs to ₹4.2 Lakhs per year
Vibhuti Insurance Brokers ₹3.5 Lakhs to ₹3.7 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 Underwriting Executive in companies similar to Star Health & Allied Insurance in Mumbai?
The salary of a Underwriting Executive at companies similar to Star Health & Allied Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aum Insurance Brokers ₹2.5 Lakhs to ₹3.2 Lakhs per year
Tata AIG ₹2.0 Lakhs to ₹5.0 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 Underwriting Executive at Star Health & Allied Insurance in Mumbai?
The salary growth for a Underwriting Executive at Star Health & Allied Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Underwriting Executive in Mumbai can expect the following growth trajectory at Star Health & Allied Insurance:

Experience Average Salary Range
1 year ₹2.0 Lakhs to ₹4.8 Lakhs per year
2 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years ₹2.3 Lakhs to ₹3.4 Lakhs per year
4 years ₹2.8 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

Star Health & Allied Insurance Underwriting Executive salary in Mumbai ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Star Health & Allied Insurance latest salaries received from various employees of Star Health & Allied Insurance.