Swiss Re Underwriter Salaries by 4 Employees (Updated 2025)

1 - 8 years exp.

₹7.4 Lakhs - ₹26 Lakhs

Low Confidence

Salary of majority employees

Fixed (88%)

₹15.6 Lakhs

Variable (12%)

₹2.1 Lakhs

231% more than the average Underwriter Salary in Insurance Companies for 1 - 8 years of experience

Interested in this particular role? 1 job opening

Last Updated: 19 Feb 2025

Companies similar to Swiss Re for Underwriter

Company name	Avg Annual Salary	Open Jobs
Munich Re Underwriter Salary 9 - 12 years exp. (5 salaries)	₹20 L/yr - ₹50 L/yr 110% more
Star Health & Allied Insurance Underwriter Salary 0 - 8 years exp. (67 salaries)	₹1.4 L/yr - ₹4.1 L/yr 85% less
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ICICI Prudential Life Insurance Underwriter Salary 0 - 5 years exp. (25 salaries)	₹2.1 L/yr - ₹6 L/yr 76% less
SBI Life Insurance Company Underwriter Salary 1 - 12 years exp. (24 salaries)	₹2.5 L/yr - ₹7.3 L/yr 74% less
HDFC Life Underwriter Salary 0 - 5 years exp. (17 salaries)	₹1.8 L/yr - ₹4.7 L/yr 79% less
Axis Max Life Insurance Underwriter Salary 1 - 5 years exp. (11 salaries)	₹2.1 L/yr - ₹3.1 L/yr 86% less
Gallagher Underwriter Salary 3 - 13 years exp. (10 salaries)	₹9 L/yr - ₹21 L/yr 29% less
Cholamandalam MS General Insurance Underwriter Salary 0 - 9 years exp. (10 salaries)	₹2 L/yr - ₹9.9 L/yr 69% less
Bajaj Allianz Life Insurance Underwriter Salary 1 - 11 years exp. (10 salaries)	₹2.4 L/yr - ₹8 L/yr 77% less
SBI General Insurance Underwriter Salary 0 - 14 years exp. (9 salaries)	₹5 L/yr - ₹14 L/yr 39% less
Aditya Birla Sun Life Insurance Underwriter Salary 0 - 4 years exp. (6 salaries)	₹1.7 L/yr - ₹3.5 L/yr 83% less
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Kotak Mahindara Life Insurance Underwriter Salary 0 - 3 years exp. (6 salaries)	₹5.1 L/yr - ₹9.1 L/yr 60% less
Guardian India Underwriter Salary 2 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹4.5 L/yr 84% less
Bharti AXA Life Insurance Underwriter Salary 0 - 5 years exp. (4 salaries)	₹3.8 L/yr - ₹7.5 L/yr 68% less
PNB MetLife Underwriter Salary 2 - 8 years exp. (4 salaries)	₹2 L/yr - ₹7 L/yr 71% less
MetLife Underwriter Salary 1 - 3 years exp. (3 salaries)	₹3.4 L/yr - ₹4.2 L/yr 78% less
Tata AIA Life Insurance Underwriter Salary 0 - 15 years exp. (3 salaries)	₹6 L/yr - ₹10.5 L/yr 50% less	2 job openings

Underwriter salary at Swiss Re ranges between ₹7.4 Lakhs to ₹26 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Swiss Re.

Experience wise Swiss Re Underwriter salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹10.2 L/yr - ₹26 L/yr
2 years (AmbitionBox Estimate)	₹20.1 L/yr - ₹25.7 L/yr
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3 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.1 L/yr
4 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr
5 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹14 L/yr

View all

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Senior Process Associate Salary

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Top skills at Swiss Re for Underwriter

Reinsurance Underwriting Claims Costing Client Management Relationship Building Information Technology bfsi Javascript Market Intelligence Medical Underwriting Operations Share Market Continuous Improvement Corporate

Salary related reviews for Swiss Re

2.0

Rated by 1 employees for salary & benefits

Senior Analyst in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 18 Jul 2024

3.0

for Salary and Benefits

Likes

Swiss Re is a great place where you really get to expand your horizon as an Individual as well as a team player. They really care about their employees and this is reflected in rhe infra structure and other support they offer

Job security - Good

+3 more

Dislikes

Pay scale could be better

Promotions - Poor

Team Lead in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 12 Apr 2023

3.0

for Salary and Benefits

Likes

Nothing really

Company culture - Good

+1 more

Dislikes

Compensation way too less based on market standard. HRs are not communicative, Promotion chances are next to zero. Only if you can roam around top management then you have a chance of moving up.

Skill development - Poor

+3 more

Associate in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

3.0

• posted on 18 Jun 2023

2.0

for Salary and Benefits

Likes

- Good work life balance - Decent work but it definitely depends on the team you are on - Good benefits/insurance - As of June 2023, they still have hybrid work mode (3 days office, 2 days wfh)

Skill development - Good

+3 more

Dislikes

- Low pay compared to competitors/industry standards - Experience is given more emphasis than merit - No free cab services/food (unless you work very odd hours)

Salary - Poor

+1 more

Assistant Vice President Finance in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

1.0

• posted on 29 Jan 2023

1.0

for Salary and Benefits

Likes

Office is at good location

Dislikes

Management boost about low pay due to very good work life balance. But you never get that so called work life balance. There is so much traction in between teams and work culture is bad. Attraction is above 40% in finance and it put enormous pressure on existing resources with no forward looking career plan. Overall a bad organization to work with in terms of pay, work life balance, learning. One can join the organisation to see how simple things can be ruined.

Salary - Bad

+6 more

Director -Insurance IT in Bangalore Rural

Full Time

Project & Program Management Department

4.0

• posted on 15 Jan 2022

4.0

for Salary and Benefits

Likes

...like traditional IT companies where manager and above decides employee future. Best place to work with excellent package

Salary - Good

+6 more

Dislikes

No long term opportunities

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Swiss Re Underwriter Salary FAQs

What is the salary of Underwriter at Swiss Re?

Underwriter salary at Swiss Re in India ranges between ₹7.4 Lakhs to ₹26.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 231% more than the average Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Swiss Re India.

How does the salary of a Underwriter at Swiss Re India compare with the average salary range for this job?

The average salary of a Underwriter at Swiss Re is 231% more 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 Swiss Re?

Reinsurance, Underwriting, Claims, Costing and Client Management are some of the popular skills required to work as a Underwriter at Swiss Re India.

Which similar companies are paying more than Swiss Re to a Underwriter in India?

Munich Re Underwriter Salary - ₹20.0 Lakhs to ₹50.0 Lakhs per year

What is the salary of a Underwriter in companies similar to Swiss Re in India?

Gallagher Underwriter Salary - ₹9.0 Lakhs to ₹21.0 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
Kotak Mahindara Life Insurance Underwriter Salary - ₹5.1 Lakhs to ₹9.1 Lakhs per year
Bharti AXA Life Insurance Underwriter Salary - ₹3.8 Lakhs to ₹7.5 Lakhs per year

What is the estimated take home salary of a Underwriter at Swiss Re in India?

The estimated take-home salary of a Underwriter at Swiss Re ranges between ₹1,19,233 per month to ₹1,22,576 per month in India. The take-home salary calculation is based on the average Swiss Re Underwriter salary in India which ranges between ₹7.4 Lakhs to ₹26.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at Swiss Re?

According to AmbitionBox, 100% of the Swiss Re Underwriters reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Swiss Re Underwriter Salaries

Swiss Re Underwriter salary in India ranges between ₹7.4 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Swiss Re latest salaries received from various employees of Swiss Re.