Tata AIA Life Insurance Underwriting Manager Salaries by 7 Employees (Updated 2024)

12 - 18 years exp.

₹7.8 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

42% more than the average Underwriting Manager Salary in Insurance Companies for 12 - 18 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Tata AIA Life Insurance for Underwriting Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Underwriting Manager Salary 0 - 16 years exp. (14 salaries)	₹6 L/yr - ₹10.5 L/yr 35% less
HDFC Life Underwriting Manager Salary 12 - 17 years exp. (5 salaries)	₹9.7 L/yr - ₹18.5 L/yr 4% more
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SBI Life Insurance Company Underwriting Manager Salary 11 - 14 years exp. (4 salaries)	₹8.5 L/yr - ₹15 L/yr 3% less
Max Life Insurance Underwriting Manager Salary 2 - 14 years exp. (4 salaries)	₹5 L/yr - ₹10 L/yr 32% less
Kotak Mahindara Life Insurance Underwriting Manager Salary 1 - 3 years exp. (7 salaries)	₹5.1 L/yr - ₹8.4 L/yr 49% less
Aditya Birla Sun Life Insurance Underwriting Manager Salary 7 - 10 years exp. (4 salaries)	₹10.1 L/yr - ₹13.4 L/yr 10% less
PNB MetLife Underwriting Manager Salary 2 - 16 years exp. (4 salaries)	₹3.9 L/yr - ₹11.4 L/yr 41% less
SBI General Insurance Underwriting Manager Salary 7 - 15 years exp. (25 salaries)	₹5.8 L/yr - ₹13.5 L/yr 17% less
Care Health Insurance Underwriting Manager Salary 0 - 9 years exp. (23 salaries)	₹2.4 L/yr - ₹7.3 L/yr 60% less
HDFC Ergo General Insurance Underwriting Manager Salary 1 - 13 years exp. (16 salaries)	₹5.1 L/yr - ₹18.5 L/yr 12% less
ICICI Lombard General Insurance Company Underwriting Manager Salary 1 - 17 years exp. (10 salaries)	₹5.8 L/yr - ₹14.5 L/yr 26% less
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Gallagher Underwriting Manager Salary 7 - 10 years exp. (5 salaries)	₹12 L/yr - ₹13 L/yr 2% more
Aditya Birla Health Insurance Co Underwriting Manager Salary 9 - 11 years exp. (5 salaries)	₹8.2 L/yr - ₹10.5 L/yr 22% less
Star Health & Allied Insurance Underwriting Manager Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹5.2 L/yr 62% less
AIG Underwriting Manager Salary 9 - 14 years exp. (3 salaries)	₹14.3 L/yr - ₹21.1 L/yr 32% more

Underwriting Manager salary at Tata AIA Life Insurance ranges between ₹7.8 Lakhs to ₹18 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance Underwriting Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹6 L/yr - ₹18 L/yr
13 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹25.6 L/yr
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14 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.3 L/yr
15+ years (4 salaries)	₹7.8 L/yr - ₹12.5 L/yr

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Top skills at Tata AIA Life Insurance for Underwriting Manager

Risk Assessment Finance Medicine Risk Management Risk Mitigation Medical underwriting

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Tata AIA Life Insurance Underwriting Manager Salary FAQs

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

Underwriting Manager salary at Tata AIA Life Insurance in India ranges between ₹7.8 Lakhs to ₹18.0 Lakhs for experience between 12 years to 18 years. According to our estimates it is 42% more than the average Underwriting Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Tata AIA Life Insurance India.

How does the salary of a Underwriting Manager at Tata AIA Life Insurance India compare with the average salary range for this job?

The average salary of a Underwriting Manager at Tata AIA Life Insurance is 42% more than the average salary of a Underwriting Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Underwriting Manager at Tata AIA Life Insurance?

Risk Assessment, Finance, Medicine, Risk Management and Risk Mitigation are some of the popular skills required to work as a Underwriting Manager at Tata AIA Life Insurance India.

Which similar companies are paying more than Tata AIA Life Insurance to a Underwriting Manager in India?

AIG Underwriting Manager Salary - ₹14.3 Lakhs to ₹21.1 Lakhs per year
HDFC Life Underwriting Manager Salary - ₹9.7 Lakhs to ₹18.5 Lakhs per year
Gallagher Underwriting Manager Salary - ₹12.0 Lakhs to ₹13.0 Lakhs per year

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

SBI Life Insurance Company Underwriting Manager Salary - ₹8.5 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Sun Life Insurance Underwriting Manager Salary - ₹10.1 Lakhs to ₹13.4 Lakhs per year
HDFC Ergo General Insurance Underwriting Manager Salary - ₹5.1 Lakhs to ₹18.5 Lakhs per year
SBI General Insurance Underwriting Manager Salary - ₹5.8 Lakhs to ₹13.5 Lakhs per year
Aditya Birla Health Insurance Co Underwriting Manager Salary - ₹8.2 Lakhs to ₹10.5 Lakhs per year

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

The estimated take-home salary of a Underwriting Manager at Tata AIA Life Insurance ranges between ₹87,804 per month to ₹90,108 per month in India. The take-home salary calculation is based on the average Tata AIA Life Insurance Underwriting Manager salary in India which ranges between ₹7.8 Lakhs to ₹18.0 Lakhs per year for employees with experience between 12 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Underwriting Manager at Tata AIA Life Insurance?

According to AmbitionBox, 100% of the Tata AIA Life Insurance Underwriting Managers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Tata AIA Life Insurance Underwriting Manager Salaries

Tata AIA Life Insurance Underwriting Manager salary in India ranges between ₹7.8 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.