INSURANCE UNDERWRITER SALARY IN INDIA

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Average gross salary for Insurance Underwriter GROSS SALARY
INR 1,250,200
Average gorss salary (USD) for Insurance Underwriter GROSS SALARY (USD)
US$ 20,781
Average net salary for Insurance Underwriter NET SALARY
INR 984,800
The most typical salary for Insurance Underwriter MOST TYPICAL GROSS
INR 1,312,500
  Updated: 21 Oct 2019   Diff. gross vs. net: 21%
  Salary entries: 10

Average salary for Insurance Underwriter in India is INR 1,250,200.

Average take home earning is INR 984,800 (Net).

The most typical salary is INR 1,312,500 (Gross).

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Percentage of people Earn this salary or more
10 % INR 4,200,000
50 % INR 1,312,500
80 % INR 837,333
90 % INR 340,000
100 % INR 200,000
City Avg. gross salary (USD) Salary entries
Mumbai INR 1,887,500 US$ 30,535 04
Chennai INR 1,235,666 US$ 21,949 03
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  SALARY BY LEVEL   INSURANCE UNDERWRITER   INDIA

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Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 66,252 INR 4,200,000
01
US$ 23,266 INR 1,312,500
04
US$ 13,325 INR 837,333
03
US$ 5,363 INR 340,000
01
US$ 3,155 INR 200,000
01

  SALARY BY GENDER   INSURANCE UNDERWRITER   INDIA

India •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 20,280 INR 1,256,428 07
US$ 19,773 INR 1,253,500 02
US$ 26,300 INR 1,200,000 01

  SALARY BY EDUCATION   INSURANCE UNDERWRITER   INDIA

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Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 22,410 INR 1,435,333 06
US$ 22,661 INR 1,183,333 03
US$ 5,363 INR 340,000 01

Insurance Underwriter workers holding Bachelors Degree degrees enjoy the highest average gross salaries in India. With an earned Bachelors Degree, they grosses INR 1,183,333. While Insurance Underwriter workers with High School education earn the least, with an average gross income of INR 340,000. This is 322.54% lower of what Bachelors Degree degree holders earn.


  SALARY BY EXPERIENCE   INSURANCE UNDERWRITER   INDIA

India •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 19,773 INR 1,253,500 02
US$ 39,211 INR 2,366,666 03
US$ 15,403 INR 825,000 02
US$ 6,607 INR 415,000 03

Insurance Underwriter workers in India with more years of work experience outperform their counterparts with less experience. Workers with 8-12 Years of experience earn a gross average of INR 2,366,666 compared to INR 415,000 for their counterparts with 2-4 Years of experience. The difference between workers with 8-12 Years of experience and 2-4 Years is 493.48%.


  SALARY BY AGE   INSURANCE UNDERWRITER   INDIA

India •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 35,266 INR 2,235,666 03
US$ 15,313 INR 922,500 04
US$ 7,229 INR 452,500 02
US$ 26,300 INR 1,200,000 01
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  SALARY BY JOB TYPE   INSURANCE UNDERWRITER   INDIA

India •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 22,739 INR 1,366,888 09
US$ 3,155 INR 200,000 01
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  SALARY BY CITY   INSURANCE UNDERWRITER   INDIA

India •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. US$ 30,535 INR 1,887,500 04
2. US$ 21,949 INR 1,235,666 03

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  SALARY BY COUNTRY    INSURANCE UNDERWRITER

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. United Kingdom US$ 131,726 GBP 87,166 06
2. United States US$ 82,812 US$ 82,812 54
3. Malaysia US$ 22,443 MYR 75,291 08
4. India US$ 20,781 INR 1,250,200 10

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(5/5)  OPERATIONS ACCOCIATE


 Posted: 21 Oct 2019

Masters Degree, 2-4 years: "Collection of premium in form of cash, cheque and online payment and convert those into receipts. Deposit cash and cheque into banks and maintain excel data of both. Preparation of daily and monthly excel data of both. Processing of policies and follow up Quality check of policies. Customer relationship."
Individual GROSS salary:
INR 200,000
US$ 3,155


(4/5)  CLERICAL


 Posted: 25 Feb 2019

High School, 2-4 years: "Clerical post under Nationalised Insurance company."
Individual GROSS salary:
INR 340,000
US$ 5,363


(3/5)  ASSOCIATE VICE PRESIDENT


 Posted: 16 Dec 2018

Masters Degree, 8-12 years: "General insurance."
Individual GROSS salary:
INR 4,200,000
US$ 66,252


(2/5)  SENIOR MANAGER - UNDERWRITING


 Posted: 27 Nov 2018

Bachelors Degree, 16-20 years: "Handling fire, engineering and marine portfolios. Also handled Employee Benefits in an extensive way."
Individual GROSS salary:
INR 1,350,000
US$ 21,295


(1/5)  SENIOR MANAGER UNDERWRITING


 Posted: 19 Mar 2018

Masters Degree education, 16-20 years of experience.
Individual GROSS salary:
INR 1,157,000
US$ 18,251


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