The Oriental Insurance Co. Underwriter Salaries by 4 Employees (Updated 2024)

1 - 7 years exp.

₹1.2 Lakh - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

63% less than the average Underwriter Salary in Insurance Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriter Salary 1 year exp. (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.3 L/yr
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Customer Success, Service & Operations Underwriter Salary 3 years exp. (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.3 L/yr

Last Updated: 15 Mar 2023

Companies similar to The Oriental Insurance Co. for Underwriter

Company name	Avg Annual Salary	Open Jobs
National Insurance Company Underwriter Salary 1 - 5 years exp. (8 salaries)	₹1.5 L/yr - ₹3 L/yr 15% more
United India Insurance Company Underwriter Salary 1 - 6 years exp. (7 salaries)	₹1.6 L/yr - ₹3.5 L/yr 27% more
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ICICI Lombard General Insurance Company Underwriter Salary 0 - 6 years exp. (49 salaries)	₹2.5 L/yr - ₹12 L/yr 269% more
HDFC Ergo General Insurance Underwriter Salary 0 - 7 years exp. (13 salaries)	₹3 L/yr - ₹7.2 L/yr 254% more
Bajaj Allianz General Insurance Underwriter Salary 2 - 10 years exp. (11 salaries)	₹1 L/yr - ₹5.7 L/yr 88% more
Reliance General Insurance Underwriter Salary 0 - 3 years exp. (12 salaries)	₹3 L/yr - ₹8 L/yr 212% more
Tata AIG Underwriter Salary 0 - 2 years exp. (50 salaries)	₹5.1 L/yr - ₹15 L/yr 444% more	1 job opening
SBI General Insurance Underwriter Salary 0 - 14 years exp. (9 salaries)	₹5 L/yr - ₹14 L/yr 452% more
Star Health & Allied Insurance Underwriter Salary 0 - 8 years exp. (62 salaries)	₹1.4 L/yr - ₹4.1 L/yr 33% more
ICICI Prudential Life Insurance Underwriter Salary 0 - 7 years exp. (33 salaries)	₹2.1 L/yr - ₹6.5 L/yr 124% more
SBI Life Insurance Company Underwriter Salary 0 - 12 years exp. (24 salaries)	₹2 L/yr - ₹6.5 L/yr 103% more
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HDFC Life Underwriter Salary 0 - 6 years exp. (17 salaries)	₹1.8 L/yr - ₹4.7 L/yr 97% more
Care Health Insurance Underwriter Salary 0 - 7 years exp. (12 salaries)	₹2.4 L/yr - ₹6.2 L/yr 111% more	1 job opening
Max Life Insurance Underwriter Salary 1 - 5 years exp. (11 salaries)	₹2.1 L/yr - ₹3.1 L/yr 23% more
Cholamandalam MS General Insurance Underwriter Salary 0 - 11 years exp. (11 salaries)	₹2 L/yr - ₹9.7 L/yr 175% more
Gallagher Underwriter Salary 3 - 13 years exp. (10 salaries)	₹9 L/yr - ₹21 L/yr 609% more
Bajaj Allianz Life Insurance Underwriter Salary 1 - 6 years exp. (10 salaries)	₹2.4 L/yr - ₹6.5 L/yr 83% more
Aditya Birla Sun Life Insurance Underwriter Salary 0 - 5 years exp. (6 salaries)	₹1.7 L/yr - ₹3.5 L/yr 57% more
Kotak Mahindara Life Insurance Underwriter Salary 0 - 3 years exp. (6 salaries)	₹4.5 L/yr - ₹6.5 L/yr 187% more
Shriram Life Insurance Underwriter Salary 1 - 6 years exp. (5 salaries)	₹1.6 L/yr - ₹3.9 L/yr 25% more

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Underwriter salary at The Oriental Insurance Co. ranges between ₹1.2 Lakh to ₹3.8 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of The Oriental Insurance Co..

Experience wise The Oriental Insurance Co. Underwriter salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
7 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.9 L/yr

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Similar Designation salaries in The Oriental Insurance Co.

Deputy Manager Salary

(5 salaries)

₹15 L/yr - ₹21 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹18.2 L/yr - ₹23.2 L/yr

Associate Vice President Salary

(AmbitionBox Estimate)

₹27.9 L/yr - ₹35.7 L/yr

Salary related reviews for The Oriental Insurance Co.

3.8

Rated by 3 employees for salary & benefits

Assistant in Latur

Finance & Accounting Department

4.0

• posted on 11 Feb 2019

4.0

for Salary and Benefits

Likes

...tion, now a days these exams became too hard, in 5 years you will get promoted Salary : not so good not too bad Travel : not much traveling for few posts, few posts are only for traveling Politics : very very high politics, unions Work environment : Good Innovation : Not recognizing Work - life balance : yes.

Dislikes

Politics, Panga loge to CR appraisal ki vaat laga denge.

Trainee in Mumbai

Intern

BFSI, Investments & Trading Department

4.0

• posted on 08 Sep 2023

4.0

for Salary and Benefits

Likes

The staff working here is very friendly and ready to help their customers as well as fresher. working with such helping staff make me feel so comfortable while my one month apprenticeship. Thank you

Dislikes

I feel like working with such good company help me a lot to improve my skill and communication with people.. but personally I feel like we should change our policy pattern providing online insurance service in Mediclaim and in accident cases on the spot to our customer can be beneficial for our company. It’s help us connect with more customer just like every online shopping there is customer service providers are available to solve your queries. We should also improve our bond with customer to gain their trust and support.. because improving public relations can be more useful to gain our reputation and customers…

Administration Officer

Howrah Department

4.0

• posted on 20 Aug 2019

4.0

for Salary and Benefits

Likes

Variety of jobs and satisfaction.

Dislikes

Although an employee is capable of handling tuff situation and well experienced but no scope for promotion due to implications of Governments promotional policy by the company.

Branch Manager in New Delhi

BFSI, Investments & Trading Department

5.0

• posted on 13 Oct 2018

5.0

for Salary and Benefits

Likes

It's a legendary Company having penetration to billions of people across India and global countries. It has AAA+ Rating having sound financial base. It using IT tools in each and sphere of it's operation. Finally it's a best Company to work in.

Dislikes

Nothing

Engineering And Causality Department in Dubai

Engineering and causality Department

1.0

• posted on 04 May 2018

1.0

for Salary and Benefits

Likes

Internal politics horrible manager pothen Abraham mismanaging group system and destructive mentality of manager pothen abraham engineering department no action taken by higher management Rohana alagiyage on pothen Abraham inspire of repeated reminders

Dislikes

Internal unhealthy policies and politics political politics

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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?

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The Oriental Insurance Co. Underwriter Salary FAQs

What is the salary of Underwriter at The Oriental Insurance Co.?

Underwriter salary at The Oriental Insurance Co. in India ranges between ₹1.2 Lakhs to ₹3.8 Lakhs for experience between 1 years to 7 years. According to our estimates it is 63% less than the average Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of The Oriental Insurance Co. India.

How does the salary of a Underwriter at The Oriental Insurance Co. India compare with the average salary range for this job?

The average salary of a Underwriter at The Oriental Insurance Co. is 63% less than the average salary of a Underwriter in India. To know exact salary insights, login to view.

Which similar companies are paying more than The Oriental Insurance Co. to a Underwriter in India?

Swiss Re Underwriter Salary - ₹7.5 Lakhs to ₹26.0 Lakhs per year
Gallagher Underwriter Salary - ₹9.0 Lakhs to ₹21.0 Lakhs per year
Life Insurance Corporation of India Underwriter Salary - ₹3.0 Lakhs to ₹20.0 Lakhs per year
SBI General Insurance Underwriter Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Tata AIG Underwriter Salary - ₹5.1 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Underwriter in companies similar to The Oriental Insurance Co. 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
Reliance General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindara Life Insurance Underwriter Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year

What is the estimated take home salary of a Underwriter at The Oriental Insurance Co. in India?

The estimated take-home salary of a Underwriter at The Oriental Insurance Co. ranges between ₹13,386 per month to ₹14,814 per month in India. The take-home salary calculation is based on the average The Oriental Insurance Co. Underwriter salary in India which ranges between ₹1.2 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at The Oriental Insurance Co.?

According to AmbitionBox, 100% of the The Oriental Insurance Co. Underwriters reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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The Oriental Insurance Co. Underwriter Salaries

The Oriental Insurance Co. Underwriter salary in India ranges between ₹1.2 Lakh to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 The Oriental Insurance Co. latest salaries received from various employees of The Oriental Insurance Co..