Star Health & Allied Insurance Mumbai Underwriting Officer Salaries by 9 Employees (Updated 2025)

0 - 5 years exp.

₹2 Lakhs - ₹2.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% more than the average Underwriting Officer Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Underwriting Officer Salary 0 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹2.9 L/yr
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BFSI, Investments & Trading Underwriting Officer Salary Fresher (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.8 L/yr

Last Updated: 10 Feb 2025

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

Star Health & Allied Insurance Underwriting Officer Salary

0 - 5 years exp. (9 salaries)

₹2 L/yr - ₹2.9 L/yr

Company name	Avg Annual Salary	Open Jobs
HealthAssure Underwriting Officer Salary 1 - 4 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 7% more

Underwriting Officer salary at Star Health & Allied Insurance ranges between ₹2 Lakhs to ₹2.9 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 9 latest salaries received from various employees of Star Health & Allied Insurance.

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

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
1 year (3 salaries)	₹2 L/yr - ₹2.9 L/yr
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2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

View all

Similar Designation salaries in Star Health & Allied Insurance

Relationship Manager Salary

(35 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(13 salaries)

₹4.8 L/yr - ₹7 L/yr

Sales Executive Salary

(6 salaries)

₹2.8 L/yr - ₹4 L/yr

Salary related reviews for Star Health & Allied Insurance

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

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

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.

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

Salary - Bad

+4 more

Relationship Manager in Jodhpur

Customer Success, Service & Operations Department

1.0

• posted on 26 Jun 2019

1.0

for Salary and Benefits

Likes

They did fraud of some amount of money and managment didn't response about it. In jodhpur location after my resignation my DM and senior not process my salary and still when ever i called HR she also didn't help me out....poor managment..

Dislikes

They did fraud of some amount of money and managment didnot response about it.in Jodhpur location after my resignation my DM and senior not process my salary and still when ever I called hr she also didn't help me out..poor managment.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

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 Officer Salary FAQs

What is the salary of Underwriting Officer at Star Health & Allied Insurance in Mumbai?

The average salary of a Underwriting Officer at Star Health & Allied Insurance in Mumbai typically ranges from ₹2.0 Lakhs to ₹2.9 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Underwriting Officer in Mumbai at Star Health & Allied Insurance earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹2.9 Lakhs per year. Underwriting Officer 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 9 Star Health & Allied Insurance employees in India.

What is the estimated take home salary of a Underwriting Officer at Star Health & Allied Insurance in Mumbai?

The estimated take-home salary of a Underwriting Officer at Star Health & Allied Insurance in Mumbai typically ranges from ₹19,935 to ₹21,599 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.9 Lakhs per year for employees with experience ranging from Fresher to 5 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 9 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 Officer in India?

HealthAssure

₹2.7 Lakhs to ₹3.5 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.

How the salary growth look like for a Underwriting Officer at Star Health & Allied Insurance in Mumbai?

The salary growth for a Underwriting Officer at Star Health & Allied Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Underwriting Officer in Mumbai can expect the following growth trajectory at Star Health & Allied Insurance:

Experience	Average Salary Range
Fresher	₹2.4 Lakhs to ₹3.1 Lakhs per year
1 year	₹2.0 Lakhs to ₹2.9 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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Star Health & Allied Insurance Underwriting Officer Salaries in Mumbai

Star Health & Allied Insurance Underwriting Officer salary in Mumbai ranges between ₹2 Lakhs to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Star Health & Allied Insurance latest salaries received from various employees of Star Health & Allied Insurance.

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

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

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

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

Similar Designation salaries in Star Health & Allied Insurance

Salary related reviews for Star Health & Allied Insurance

Relationship Manager in Moradabad

Customer Care Executive in Pune

Deputy Manager in Chennai

Relationship Manager in Park Street Kolkata

Relationship Manager in Jodhpur

Star Health & Allied Insurance Underwriting Officer Salary FAQs

Tell us how to improve this page.