Tata AIA Life Insurance Assistant Manager Underwriting Salaries by 6 Employees

7 - 18 years exp.

₹6.4 Lakhs - ₹11.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

46% more than the average Assistant Manager Underwriting Salary in Insurance Companies for 7 - 18 years of experience

Interested in this particular role? 2 job openings

Last Updated: 31 Dec 2024

Companies similar to Tata AIA Life Insurance for Assistant Manager Underwriting

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Assistant Manager Underwriting Salary 4 - 15 years exp. (7 salaries)	₹6.5 L/yr - ₹9 L/yr 21% less
PNB MetLife Assistant Manager Underwriting Salary 2 - 6 years exp. (7 salaries)	₹5.1 L/yr - ₹7.2 L/yr 38% less
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SBI Life Insurance Company Assistant Manager Underwriting Salary 9 - 15 years exp. (7 salaries)	₹5.1 L/yr - ₹7.8 L/yr 25% less
ICICI Prudential Life Insurance Assistant Manager Underwriting Salary 2 - 6 years exp. (6 salaries)	₹4.8 L/yr - ₹6.2 L/yr 42% less
Axis Max Life Insurance Assistant Manager Underwriting Salary 0 - 8 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr 56% less
SBI General Insurance Assistant Manager Underwriting Salary 2 - 14 years exp. (4 salaries)	₹5.3 L/yr - ₹9 L/yr 25% less
Aditya Birla Health Insurance Co Assistant Manager Underwriting Salary 4 - 9 years exp. (4 salaries)	₹6.1 L/yr - ₹8.5 L/yr 24% less
Bajaj Allianz Life Insurance Assistant Manager Underwriting Salary 5 - 6 years exp. (4 salaries)	₹6.5 L/yr - ₹6.9 L/yr 28% less
Star Health & Allied Insurance Assistant Manager Underwriting Salary 8 - 11 years exp. (4 salaries)	₹4.8 L/yr - ₹5.6 L/yr 46% less
HDFC Ergo General Insurance Assistant Manager Underwriting Salary 0 - 3 years exp. (3 salaries)	₹5.7 L/yr - ₹8.2 L/yr 21% less

Assistant Manager Underwriting salary at Tata AIA Life Insurance ranges between ₹6.4 Lakhs to ₹11.5 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance Assistant Manager Underwriting salaries

Last Updated: 31 Dec 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹11.5 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹11.5 L/yr
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9 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
10 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
11 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
12 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹17.1 L/yr
13 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.7 L/yr
14 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
15+ years (3 salaries)	₹8 L/yr - ₹9 L/yr

View all

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Top skills at Tata AIA Life Insurance for Assistant Manager Underwriting

Relationship Building Analytical Chemistry Claims Adjudication Medical Underwriting Interpersonal Skills Supervision Customer Service Compliance Excel Legal Compliance Automation Testing QC Query Resolution Auditing Non Litigation

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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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Tata AIA Life Insurance Assistant Manager Underwriting Salary FAQs

What is the salary of Assistant Manager Underwriting at Tata AIA Life Insurance ?

The average salary of a Assistant Manager Underwriting at Tata AIA Life Insurance in India typically ranges from ₹6.4 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 7 years to 18 years).

The top 10% of Assistant Manager Underwriting at Tata AIA Life Insurance earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Assistant Manager Underwriting Salaries at Tata AIA Life 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 6 Tata AIA Life Insurance employees in India.

What is the estimated take home salary of a Assistant Manager Underwriting at Tata AIA Life Insurance in India?

The estimated take-home salary of a Assistant Manager Underwriting at Tata AIA Life Insurance in India typically ranges from ₹68,227 to ₹69,977 per month. This is based on the average salary range of ₹6.4 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 7 years to 18 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 6 salaries received from various employees of Tata AIA Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager Underwriting at Tata AIA Life Insurance ?

To be a Assistant Manager Underwriting at Tata AIA Life Insurance in india, the key skills required include:

- Relationship Building
- Analytical Chemistry
- Claims Adjudication
- Medical Underwriting
- Interpersonal Skills

These skills are highly valued at Tata AIA Life Insurance and are crucial for successful performance in a Software Engineering role.

What is the salary of a Assistant Manager Underwriting in companies similar to Tata AIA Life Insurance in India?

The salary of a Assistant Manager Underwriting at companies similar to Tata AIA Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz General Insurance	₹6.5 Lakhs to ₹9.0 Lakhs per year
HDFC Ergo General Insurance	₹5.7 Lakhs to ₹8.2 Lakhs per year
Aditya Birla Health Insurance Co	₹6.1 Lakhs to ₹8.5 Lakhs per year
SBI Life Insurance Company	₹5.1 Lakhs to ₹7.8 Lakhs per year
SBI General Insurance	₹5.3 Lakhs to ₹9.0 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 Assistant Manager Underwriting at Tata AIA Life Insurance in India?

The salary growth for a Assistant Manager Underwriting at Tata AIA Life Insurance depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Underwriting can expect the following growth trajectory at Tata AIA Life Insurance:

Experience	Average Salary Range
7 years	₹4.3 Lakhs to ₹11.5 Lakhs per year
8 years	₹4.2 Lakhs to ₹11.5 Lakhs per year
9 years	₹9.2 Lakhs to ₹11.8 Lakhs per year
10 years	₹9.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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Tata AIA Life Insurance Assistant Manager Underwriting Salaries

Tata AIA Life Insurance Assistant Manager Underwriting salary in India ranges between ₹6.4 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.