Universal Sompo General Insurance Risk Engineer Salaries by 4 Employees (Updated 2025)

2 - 5 years exp.

₹4.6 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

10% less than the average Risk Engineer Salary in Insurance Companies for 2 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Universal Sompo General Insurance for Risk Engineer

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Risk Engineer Salary 4 - 10 years exp. (7 salaries)	₹7.5 L/yr - ₹17.1 L/yr 55% more
Bajaj Allianz General Insurance Risk Engineer Salary 2 - 6 years exp. (3 salaries)	₹3.1 L/yr - ₹4.4 L/yr 53% less
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Reliance General Insurance Risk Engineer Salary 1 - 7 years exp. (4 salaries)	₹6.5 L/yr - ₹8.2 L/yr 10% less
Tata AIG Risk Engineer Salary 0 - 1 year exp. (9 salaries)	₹5.8 L/yr - ₹15 L/yr 14% more
SBI General Insurance Risk Engineer Salary 4 - 15 years exp. (7 salaries)	₹6.2 L/yr - ₹15 L/yr 31% more
Shriram General Insurance Risk Engineer Salary 3 - 10 years exp. (13 salaries)	₹3 L/yr - ₹7 L/yr 41% less
Royal Sundaram General Insurance Risk Engineer Salary 1 - 10 years exp. (5 salaries)	₹4.3 L/yr - ₹10 L/yr 14% less

Risk Engineer salary at Universal Sompo General Insurance ranges between ₹4.6 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Universal Sompo General Insurance.

Experience wise Universal Sompo General Insurance Risk Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹10.6 L/yr
3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹11.3 L/yr
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4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹11.9 L/yr
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹12.6 L/yr

Similar Designation salaries in Universal Sompo General Insurance

Underwriter Salary

(3 salaries)

₹5.1 L/yr - ₹7.1 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹12 L/yr - ₹15.3 L/yr

Deputy Manager Salary

(51 salaries)

₹6.75 L/yr - ₹12.5 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Assistant Vice President Salary

(6 salaries)

₹17.22 L/yr - ₹28.25 L/yr

Associate Vice President Salary

(3 salaries)

₹19 L/yr - ₹28.5 L/yr

Salary related reviews for Universal Sompo General Insurance

3.0

Rated by 1 employees for salary & benefits

Deputy Manager in Andheri

BFSI, Investments & Trading Department

1.0

• posted on 19 Apr 2022

1.0

for Salary and Benefits

Likes

Not so much.

Dislikes

Horrible culture. Compensation is horrible. Not enough growth to learn. No new activities. The CIO has zero leadership quality. Unethical behaviour, only think abt himselves no team meeting with any team members during lockdown. Not a great company to look at.

Salary - Bad

+5 more

Relationship Manager in Guwahati

Full Time

Sales & Business Development Department

1.0

• posted on 22 Feb 2023

3.0

for Salary and Benefits

Likes

...one month later senior management used to call will fire you, will give lwp etc. You cannot expect anything rather than salary on time. No notice period negotiable policy. Very poor work life balance.

Dislikes

Anything except salary and friends

Job security - Bad

+4 more

Assistant Manager in Navi Mumbai

BFSI, Investments & Trading Department

5.0

• posted on 20 Jun 2022

5.0

for Salary and Benefits

Likes

I have learnt a lot in USGI like skill development, good environment to work, supportive mangement .

Salary - Excellent

+6 more

Dislikes

There is a lot of politics from last 1 year and management doesn't address our issue, salary is decent but career growth is slow.

Claims Executive in Lucknow

BFSI, Investments & Trading Department

3.0

• posted on 26 Jun 2021

2.0

for Salary and Benefits

Likes

good company with supportive team but appraisals are not fair very nominal hike in compare to work load

Dislikes

there is lot of politics and crabculture in here no job training is given to new joinees salary is fair but no growth in carrier

Salary - Poor

+5 more

Sales Manager in Bareilly

Sales & Business Development Department

5.0

• posted on 06 May 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

The employees don't get the local conveyance so it should be provided.

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Universal Sompo General Insurance Risk Engineer Salary FAQs

What is the salary of Risk Engineer at Universal Sompo General Insurance?

Risk Engineer salary at Universal Sompo General Insurance in India ranges between ₹4.6 Lakhs to ₹10.0 Lakhs for experience between 2 years to 5 years. According to our estimates it is 10% less than the average Risk Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Universal Sompo General Insurance India.

How does the salary of a Risk Engineer at Universal Sompo General Insurance India compare with the average salary range for this job?

The average salary of a Risk Engineer at Universal Sompo General Insurance is 10% less than the average salary of a Risk Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Universal Sompo General Insurance to a Risk Engineer in India?

ICICI Lombard General Insurance Company Risk Engineer Salary - ₹7.5 Lakhs to ₹17.1 Lakhs per year
SBI General Insurance Risk Engineer Salary - ₹6.2 Lakhs to ₹15.0 Lakhs per year
Tata AIG Risk Engineer Salary - ₹5.8 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Risk Engineer in companies similar to Universal Sompo General Insurance in India?

Reliance General Insurance Risk Engineer Salary - ₹6.5 Lakhs to ₹8.2 Lakhs per year
Royal Sundaram General Insurance Risk Engineer Salary - ₹4.3 Lakhs to ₹10.0 Lakhs per year
Shriram General Insurance Risk Engineer Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Bajaj Allianz General Insurance Risk Engineer Salary - ₹3.1 Lakhs to ₹4.4 Lakhs per year

What is the estimated take home salary of a Risk Engineer at Universal Sompo General Insurance in India?

The estimated take-home salary of a Risk Engineer at Universal Sompo General Insurance ranges between ₹58,539 per month to ₹60,014 per month in India. The take-home salary calculation is based on the average Universal Sompo General Insurance Risk Engineer salary in India which ranges between ₹4.6 Lakhs to ₹10.0 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Risk Engineer at Universal Sompo General Insurance?

According to AmbitionBox, 100% of the Universal Sompo General Insurance Risk Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Universal Sompo General Insurance Risk Engineer Salaries

Universal Sompo General Insurance Risk Engineer salary in India ranges between ₹4.6 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Universal Sompo General Insurance latest salaries received from various employees of Universal Sompo General Insurance.