Tata AIG Underwriter Salaries by 40+ Employees (Updated 2025)

0 - 5 years exp.

₹5.2 Lakhs - ₹16.1 Lakhs

Salary of majority employees

73% more than the average Underwriter Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriter Salary 0 - 5 years exp. (26 salaries)	₹5.5 L/yr - ₹13.4 L/yr
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Risk Management & Compliance Underwriter Salary 0 - 5 years exp. (3 salaries)	₹7.5 L/yr - ₹12.3 L/yr

Last Updated: 13 Mar 2025

Companies similar to Tata AIG for Underwriter

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Underwriter Salary 0 - 8 years exp. (64 salaries)	₹1.4 L/yr - ₹4.1 L/yr 71% less
ICICI Lombard General Insurance Company Underwriter Salary 0 - 3 years exp. (43 salaries)	₹5 L/yr - ₹10 L/yr 21% less
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ICICI Prudential Life Insurance Underwriter Salary 0 - 5 years exp. (25 salaries)	₹2.1 L/yr - ₹6 L/yr 54% less
SBI Life Insurance Company Underwriter Salary 1 - 12 years exp. (24 salaries)	₹2.5 L/yr - ₹7.3 L/yr 50% less
Iffco Tokio General Insurance Co. Underwriter Salary 2 - 14 years exp. (21 salaries)	₹2.2 L/yr - ₹8.6 L/yr 43% less	1 job opening
HDFC Life Underwriter Salary 0 - 5 years exp. (17 salaries)	₹1.8 L/yr - ₹4.7 L/yr 60% less
Reliance General Insurance Underwriter Salary 0 - 3 years exp. (12 salaries)	₹3 L/yr - ₹8 L/yr 34% less
Gallagher Underwriter Salary 3 - 13 years exp. (10 salaries)	₹9 L/yr - ₹21 L/yr 36% more
Bajaj Allianz Life Insurance Underwriter Salary 1 - 11 years exp. (10 salaries)	₹2.4 L/yr - ₹8 L/yr 56% less
SBI General Insurance Underwriter Salary 0 - 14 years exp. (9 salaries)	₹5 L/yr - ₹14 L/yr 16% more
National Insurance Company Underwriter Salary 1 - 5 years exp. (8 salaries)	₹1.5 L/yr - ₹3 L/yr 76% less
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Allstate Underwriter Salary 3 - 8 years exp. (7 salaries)	₹4 L/yr - ₹7 L/yr 51% less
Aditya Birla Sun Life Insurance Underwriter Salary 0 - 4 years exp. (6 salaries)	₹1.7 L/yr - ₹3.5 L/yr 67% less
Shriram Life Insurance Underwriter Salary 1 - 6 years exp. (5 salaries)	₹1.6 L/yr - ₹3.9 L/yr 74% less
Guardian India Underwriter Salary 2 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹4.5 L/yr 69% less
Allianz Services Underwriter Salary 4 - 8 years exp. (5 salaries)	₹5.5 L/yr - ₹7.9 L/yr 28% less
Canara HSBC Life Insurance Underwriter Salary 3 - 5 years exp. (4 salaries)	₹3.7 L/yr - ₹5 L/yr 52% less
PNB MetLife Underwriter Salary 2 - 8 years exp. (4 salaries)	₹2 L/yr - ₹7 L/yr 44% less
MetLife Underwriter Salary 1 - 4 years exp. (3 salaries)	₹3.4 L/yr - ₹4.2 L/yr 59% less
Tata AIA Life Insurance Underwriter Salary 0 - 15 years exp. (3 salaries)	₹6 L/yr - ₹10.5 L/yr 5% less	2 job openings

Underwriter salary at Tata AIG ranges between ₹5.2 Lakhs to ₹16.1 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 42 latest salaries received from various employees of Tata AIG.

Experience wise Tata AIG Underwriter salaries

Last Updated: 13 Mar 2025

Experience	Avg Annual Salary
Fresher (10 salaries)	₹5.4 L/yr - ₹11.7 L/yr
1 year (3 salaries)	₹5.1 L/yr - ₹11.8 L/yr
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2 years (10 salaries)	₹4.3 L/yr - ₹12.7 L/yr
3 years (7 salaries)	₹6.7 L/yr - ₹16.4 L/yr
4 years (8 salaries)	₹6 L/yr - ₹13.7 L/yr
5 years (4 salaries)	₹3.8 L/yr - ₹12.3 L/yr

View all

Similar Designation salaries in Tata AIG

Senior Underwriter Salary

(AmbitionBox Estimate)

₹24.9 L/yr - ₹31.9 L/yr

Analyst Salary

(4 salaries)

₹5 L/yr - ₹11 L/yr

Mortgage Underwriter Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Underwriting Manager Salary

(13 salaries)

₹5.2 L/yr - ₹14.5 L/yr

Team Lead Salary

(8 salaries)

₹1.5 L/yr - ₹5.8 L/yr

Chief Manager Salary

(287 salaries)

₹8.75 L/yr - ₹28.5 L/yr

Underwriting Analyst Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Senior Associate Salary

(5 salaries)

₹2.05 L/yr - ₹14.23 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Top skills at Tata AIG for Underwriter

Sales Underwriting CA B2B Sales Credit Analysis Strategic Planning Communication Skills Medical Underwriting Underwriting Corporate Sales Credit Underwriting New Product Development Credit Risk Accounting Key Accounts

Salary related reviews for Tata AIG

2.8

Rated by 6 employees for salary & benefits

Chief Manager in Goregaon

Full Time

Risk Management & Compliance Department

4.0

• posted on 01 Oct 2023

3.0

for Salary and Benefits

Likes

Culture of the organisation is very good Infrastructure and Facilities provided by the management is top notch in the industry Benefit of working in a hybrid model for need based roles

Skill development - Good

+3 more

Dislikes

Salary is not upto the market rate for profile if you start as a Management Trainee Appraisal is not as per the expectation even after getting the best rating

Management Trainee in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Aug 2023

3.0

for Salary and Benefits

Likes

Lots of learning and training and developement. If work-life balance is maintained, such learning can be taken advantage of. Always something new to learn, you’ll gain a lot of knowledge.

Skill development - Good

+1 more

Dislikes

...e. Bosses call you after and before work hours as well and on off-days as well. No overtime pay even when you work overtime every other day. Appraisal was done in a very biased way. KPIs were not designed properly and scores were very skewed.

Promotions - Bad

+3 more

Management Trainee in Mumbai Suburban

Full Time

Healthcare & Life Sciences Department

3.0

• posted on 04 May 2022

1.0

for Salary and Benefits

Likes

Job Security , Brand Value in the market.

Job security - Excellent

Dislikes

..., moreover the work piles up as your designation (For the namesake) increases. 1) The company gives less than average hike for deserving candidates and pays higher salary for lateral Joinees. 2) Only old established people who are mid aged/old aged with more than 15 years in same firm are working at same position and their leadership style is such that they think they are the part owner of the TATA GROUP. 3) Lots of internal politics and only bootlickers Or supervisor's favourite people are promoted, that too with growth of 3-5% on promotion. 4) Company mostly runs on the good will of the TATA GROUP with majority of policyholder having faith in the name of TATA. 5) Extremely slow growth with terrible workload in claims team. 6) Sick aged people working in the same department/role for last 15+ years dictates how things will work as per their wish and command. 7) Please join if salary offered is more than your expectation, otherwise you will trapped in vicious cycle of Politics/ peanut hikes / depressing workload.

Salary - Bad

+3 more

Process Associate in Hyderabad / Secunderabad

Customer Success, Service & Operations Department

4.0

• posted on 13 Apr 2022

2.0

for Salary and Benefits

Likes

Tata aig is a very good worksplace where a person can prove his skills and grow further

Skill development - Excellent

+2 more

Dislikes

salary doesn't get hike even after 2year of working. managers need to balance balance their concentration on work and employees salaried

Salary - Poor

+1 more

Deputy Manager in Gorakhpur

Sales & Service Department

4.0

• posted on 09 May 2021

3.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good but little bit of changes are required, appraisals are fair and they give almost good salary hike and bonus every year.

Skill development - Good

+1 more

Dislikes

Career growth is slow

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Tata AIG Underwriter Salary FAQs

What is the salary of Underwriter at Tata AIG ?

The average salary of a Underwriter at Tata AIG in India typically ranges from ₹5.2 Lakhs to ₹16.1 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Underwriter at Tata AIG earn more than ₹12.4 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Underwriter Salaries at Tata AIG 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 40+ Tata AIG employees in India.

What is the estimated take home salary of a Underwriter at Tata AIG in India?

The estimated take-home salary of a Underwriter at Tata AIG in India typically ranges from ₹67,391 to ₹69,117 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹16.1 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 40+ salaries received from various employees of Tata AIG. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Underwriter at Tata AIG ?

To be a Underwriter at Tata AIG in india, the key skills required include:

- Sales
- Underwriting
- CA
- B2B Sales
- Credit Analysis

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

Which companies offer higher salaries than Tata AIG for Underwriter in India?

Gallagher	₹9.0 Lakhs to ₹21.0 Lakhs per year
SBI General Insurance	₹5.0 Lakhs to ₹14.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Tata AIG, depending on the role and experience level.

What is the salary of a Underwriter in companies similar to Tata AIG in India?

The salary of a Underwriter at companies similar to Tata AIG in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance	₹6.0 Lakhs to ₹10.5 Lakhs per year
ICICI Lombard General Insurance Company	₹5.0 Lakhs to ₹10.0 Lakhs per year
Allianz Services	₹5.5 Lakhs to ₹7.9 Lakhs per year
Reliance General Insurance	₹3.0 Lakhs to ₹8.0 Lakhs per year
Iffco Tokio General Insurance Co.	₹2.2 Lakhs to ₹8.6 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 Underwriter at Tata AIG in India?

The salary growth for a Underwriter at Tata AIG depends on factors such as experience, performance, and promotions. On average, a Underwriter can expect the following growth trajectory at Tata AIG:

Experience	Average Salary Range
Fresher	₹5.4 Lakhs to ₹11.7 Lakhs per year
1 year	₹5.1 Lakhs to ₹11.8 Lakhs per year
2 years	₹4.3 Lakhs to ₹12.7 Lakhs per year
3 years	₹6.7 Lakhs to ₹16.4 Lakhs per year

and so on.

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Tata AIG Underwriter Salaries

Tata AIG Underwriter salary in India ranges between ₹5.2 Lakhs to ₹16.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 42 Tata AIG latest salaries received from various employees of Tata AIG.