Tata AIG Underwriter Salaries by 50+ Employees (Updated 2024)

0 - 2 years exp.

₹5.1 Lakhs - ₹15 Lakhs

Salary of majority employees

98% more than the average Underwriter Salary in Insurance Companies for 0 - 2 years of experience

Interested in this particular role? 1 job opening

Last Updated: 3 Aug 2024

Companies similar to Tata AIG for Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Underwriter Salary 0 - 6 years exp. (49 salaries)	₹2.5 L/yr - ₹12 L/yr 32% less
Bajaj Allianz General Insurance Underwriter Salary 2 - 10 years exp. (11 salaries)	₹1 L/yr - ₹5.7 L/yr 65% less
Login to view exact salary
HDFC Ergo General Insurance Underwriter Salary 0 - 7 years exp. (13 salaries)	₹3 L/yr - ₹7.2 L/yr 35% less
Reliance General Insurance Underwriter Salary 0 - 3 years exp. (12 salaries)	₹3 L/yr - ₹8 L/yr 43% less	1 job opening
Star Health & Allied Insurance Underwriter Salary 0 - 8 years exp. (62 salaries)	₹1.4 L/yr - ₹4.1 L/yr 76% less
ICICI Prudential Life Insurance Underwriter Salary 0 - 7 years exp. (33 salaries)	₹2.1 L/yr - ₹6.5 L/yr 59% less
Iffco Tokio General Insurance Co. Underwriter Salary 4 - 16 years exp. (26 salaries)	₹1.7 L/yr - ₹9 L/yr 41% less	1 job opening
SBI Life Insurance Company Underwriter Salary 0 - 12 years exp. (24 salaries)	₹2 L/yr - ₹6.5 L/yr 63% less
HDFC Life Underwriter Salary 0 - 5 years exp. (17 salaries)	₹1.8 L/yr - ₹4.7 L/yr 64% less
Bajaj Allianz Life Insurance Underwriter Salary 1 - 6 years exp. (10 salaries)	₹2.4 L/yr - ₹6.5 L/yr 66% less
SBI General Insurance Underwriter Salary 0 - 14 years exp. (9 salaries)	₹5 L/yr - ₹14 L/yr 1% more
Login to view exact salary
Gallagher Underwriter Salary 3 - 13 years exp. (10 salaries)	₹9 L/yr - ₹21 L/yr 30% more
National Insurance Company Underwriter Salary 1 - 4 years exp. (8 salaries)	₹1.5 L/yr - ₹3 L/yr 79% less
United India Insurance Company Underwriter Salary 1 - 6 years exp. (7 salaries)	₹1.6 L/yr - ₹3.5 L/yr 77% less
Allstate Underwriter Salary 3 - 8 years exp. (6 salaries)	₹4.5 L/yr - ₹7 L/yr 54% less
Aditya Birla Sun Life Insurance Underwriter Salary 0 - 4 years exp. (6 salaries)	₹1.7 L/yr - ₹3.5 L/yr 71% less
Shriram Life Insurance Underwriter Salary 1 - 5 years exp. (5 salaries)	₹1.6 L/yr - ₹3.9 L/yr 77% less
Canara HSBC Life Insurance Underwriter Salary 3 - 7 years exp. (5 salaries)	₹3.5 L/yr - ₹5 L/yr 56% less
Guardian India Underwriter Salary 2 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹4.1 L/yr 73% less
PNB MetLife Underwriter Salary 2 - 8 years exp. (4 salaries)	₹2 L/yr - ₹7 L/yr 51% less

View all

Underwriter salary at Tata AIG ranges between ₹5.1 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 50 latest salaries received from various employees of Tata AIG.

Experience wise Tata AIG Underwriter salaries

Last Updated: 3 Aug 2024

Experience	Avg Annual Salary
Fresher (38 salaries)	₹7 L/yr - ₹15 L/yr
1 year (AmbitionBox Estimate)	₹5.1 L/yr - ₹19.1 L/yr
Login to view exact salary
2 years (10 salaries)	₹5.5 L/yr - ₹12.7 L/yr

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)

₹2.89 L/yr - ₹5.8 L/yr

Chief Manager Salary

(268 salaries)

₹8.75 L/yr - ₹25 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Senior Associate Salary

(5 salaries)

₹2.05 L/yr - ₹8.62 L/yr

Deputy Manager Salary

(486 salaries)

₹2.28 L/yr - ₹8.75 L/yr

Management Trainee Salary

(227 salaries)

₹3.75 L/yr - ₹12.2 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

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.

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.

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.

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.

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

Dislikes

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

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.

Dislikes

Career growth is slow

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

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?

Got a question about Tata AIG?

Ask anonymously on communities.

Tata AIG Underwriter Salary FAQs

What is the salary of Underwriter at Tata AIG?

Underwriter salary at Tata AIG in India ranges between ₹5.1 Lakhs to ₹15.0 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 98% more than the average Underwriter Salary in India. Salary estimates are based on 50 latest salaries received from various employees of Tata AIG India.

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

The average salary of a Underwriter at Tata AIG is 98% 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 Tata AIG?

Sales, Underwriting, CA, B2B Sales and Credit Analysis are some of the popular skills required to work as a Underwriter at Tata AIG India.

Which similar companies are paying more than Tata AIG to a Underwriter 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

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

Tata AIA Life Insurance Underwriter Salary - ₹9.0 Lakhs to ₹10.5 Lakhs per year
ICICI Lombard General Insurance Company Underwriter Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
HDFC Ergo General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹7.2 Lakhs per year
Iffco Tokio General Insurance Co. Underwriter Salary - ₹1.7 Lakhs to ₹9.0 Lakhs per year
Reliance General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year

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 ranges between ₹76,099 per month to ₹78,071 per month in India. The take-home salary calculation is based on the average Tata AIG Underwriter salary in India which ranges between ₹5.1 Lakhs to ₹15.0 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at Tata AIG?

According to AmbitionBox, 50% of the Tata AIG Underwriters reported a notice period of 3 Months, 38% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Tata AIG Underwriter Salaries by Location

Home >
Salaries >
Tata AIG Salaries >
Tata AIG Underwriter Salaries

Tata AIG Underwriter salary in India ranges between ₹5.1 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 50 Tata AIG latest salaries received from various employees of Tata AIG.