United India Insurance Company Mumbai Underwriter Salaries by 5 Employees (Updated 2025)

1 - 4 years exp.

₹2 Lakhs - ₹3.3 Lakhs

Salary of majority employees

54% less than the average Underwriter Salary in Insurance Companies for 1 - 4 years of experience

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Last Updated: 21 Jun 2023

Companies similar to United India Insurance Company for Underwriter in Mumbai

United India Insurance Company Underwriter Salary

1 - 4 years exp. (5 salaries)

₹2 L/yr - ₹3.3 L/yr

Company name	Avg Annual Salary	Open Jobs
The New India Assurance Co. Underwriter Salary 2 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹5.4 L/yr 94% more
ICICI Lombard General Insurance Company Underwriter Salary 0 - 3 years exp. (16 salaries)	₹5 L/yr - ₹10 L/yr 188% more
Login to view exact salary
HDFC Ergo General Insurance Underwriter Salary 0 - 5 years exp. (5 salaries)	₹3 L/yr - ₹7.7 L/yr 140% more
Reliance General Insurance Underwriter Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹8 L/yr 118% more
Tata AIG Underwriter Salary 0 - 6 years exp. (15 salaries)	₹5.5 L/yr - ₹15.1 L/yr 293% more
ICICI Prudential Life Insurance Underwriter Salary 0 - 5 years exp. (9 salaries)	₹2.6 L/yr - ₹5 L/yr 52% more
Star Health & Allied Insurance Underwriter Salary 2 - 6 years exp. (6 salaries)	₹2.2 L/yr - ₹4 L/yr 6% more
Swiss Re Underwriter Salary 1 - 9 years exp. (3 salaries)	₹12.9 L/yr - ₹26 L/yr 546% more	1 job opening
Bajaj Allianz Life Insurance Underwriter Salary 2 - 6 years exp. (3 salaries)	₹3.2 L/yr - ₹4.8 L/yr 58% more
Kotak Mahindara Life Insurance Underwriter Salary 1 - 4 years exp. (3 salaries)	₹5.1 L/yr - ₹9.1 L/yr 159% more

Underwriter salary at United India Insurance Company ranges between ₹2 Lakhs to ₹3.3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of United India Insurance Company.

Experience wise United India Insurance Company Underwriter salaries in Mumbai

Last Updated: 21 Jun 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹3.7 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.3 L/yr
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3 years (AmbitionBox Estimate)	₹1 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.7 L/yr

Similar Designation salaries in United India Insurance Company

Senior Claim Processing Executive Salary

(3 salaries)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for United India Insurance Company

Regional Manager in Hyderabad / Secunderabad

Full Time

Administration & Facilities Department

4.0

• posted on 30 Dec 2023

4.0

for Salary and Benefits

Likes

It is a secure job. Salary is good and opportunities of growth are good.

Salary - Good

+3 more

Dislikes

...blic Sector Company. You yourself have to find out the opportunities for growth. Salary structure is fixed. Only a few posts carry job-related incentives.

Regional Manager in Chennai

BFSI, Investments & Trading Department

5.0

• posted on 01 Dec 2019

5.0

for Salary and Benefits

Likes

All aspects including implementing technical knowledge, development of the organization, status, salary other perquisites,job protection,job rotation, etc. I have reached the saturatio point in my career.

Salary - Excellent

+6 more

Dislikes

Nil

Senior Branch Manager

BFSI, Investments & Trading Department

5.0

• posted on 19 Apr 2019

5.0

for Salary and Benefits

Likes

...ere. Training programs are held time to time to make the staffs better equipped. Salary also very lucrative with DA revised quarterly. LTS, Mediclaim coverage subsidised, Festival advance, Pension / PF. HB / Vehicle loans & other so many benefits are there. Promotion Policy very good with departmental technical qualification. Those who opt for marketing assignment are blessed with 4 no. of cars with maintenance expenses. Whatever more one needs !

Salary - Excellent

+6 more

Dislikes

Government reservation policy may sometimes delay one's promotion: but same can be overridden with your exceptional performance & higher technical qualification. Another hiccup is your immediate boss should be cooperative & reliable one without any prejudice to your career growth. Notwithstanding, I do not find any such hurdling undercurrent.

Assistant Manager in Ahmedabad

Other Department

5.0

• posted on 21 Sep 2018

5.0

for Salary and Benefits

Likes

I am well satisfied with Salary ..apprisal,,Work enviourment , Innovation by Higher up ..Learing though training.. No politics in our company

Salary - Excellent

+6 more

Dislikes

Person who is only cretisize , which is not like to me..

Senior Manager Sales, Marketing & Business Development in Kollam

Marketing & Communication Department

3.0

• posted on 01 Mar 2022

2.0

for Salary and Benefits

Likes

Good work culture with respect and professionalism. No inequality in the organization with regard to cast, region, or gender orientation. Management concentrated on employees' productivity and work atmosphere, and do not give undue importance/indulge in personal and private affairs. Flexible timing was offered for marketing staff considering their travel requirements.

Job security - Good

+1 more

Dislikes

Being a small consultant organization there is limited potential for hiring qualified, experienced, and more competitive professionals due to budget constraints. This makes an overload to a few employees/managing partners.

Salary - Poor

+2 more

see more salary related reviews

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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United India Insurance Company Underwriter Salary FAQs

What is the salary of Underwriter at United India Insurance Company Mumbai?

Underwriter salary at United India Insurance Company in Mumbai ranges between ₹2.0 Lakhs to ₹3.3 Lakhs for experience between 1 years to 4 years. According to our estimates it is 54% less than the average Underwriter Salary in India. Salary estimates are based on 5 latest salaries received from various employees of United India Insurance Company Mumbai.

How does the salary of a Underwriter at United India Insurance Company Mumbai compare with the average salary range for this job?

The average salary of a Underwriter at United India Insurance Company is 54% less than the average salary of a Underwriter in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than United India Insurance Company to a Underwriter in Mumbai?

Swiss Re Underwriter Salary - ₹12.9 Lakhs to ₹26.0 Lakhs per year
Tata AIG Underwriter Salary - ₹5.5 Lakhs to ₹15.1 Lakhs per year
ICICI Lombard General Insurance Company Underwriter Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindara Life Insurance Underwriter Salary - ₹5.1 Lakhs to ₹9.1 Lakhs per year
HDFC Ergo General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹7.7 Lakhs per year

What is the salary of a Underwriter in companies similar to United India Insurance Company in Mumbai?

Reliance General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
The New India Assurance Co. Underwriter Salary - ₹2.5 Lakhs to ₹5.4 Lakhs per year
Bajaj Allianz Life Insurance Underwriter Salary - ₹3.2 Lakhs to ₹4.8 Lakhs per year
ICICI Prudential Life Insurance Underwriter Salary - ₹2.6 Lakhs to ₹5.0 Lakhs per year
Star Health & Allied Insurance Underwriter Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Underwriter at United India Insurance Company in Mumbai?

The estimated take-home salary of a Underwriter at United India Insurance Company ranges between ₹19,314 per month to ₹20,988 per month in Mumbai. The take-home salary calculation is based on the average United India Insurance Company Underwriter salary in India which ranges between ₹2.0 Lakhs to ₹3.3 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at United India Insurance Company in Mumbai?

According to AmbitionBox, 100% of the United India Insurance Company Underwriters in Mumbai reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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United India Insurance Company Underwriter Salaries in Mumbai

United India Insurance Company Underwriter salary in Mumbai ranges between ₹2 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 United India Insurance Company latest salaries received from various employees of United India Insurance Company.