Salary Of Insurance Underwriter In India

An early career insurance underwriter with 1 4 years of experience earns an average total compensation includes tips bonus and overtime pay of 313 382 based on 33 salaries. Average take home earning is inr 984 800 net. Last decade witnessed an accelerated growth in insurance sector.

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This equates to an hourly salary of 40 47 and monthly of 6 475.

Salary of insurance underwriter in india. Average take home earning is inr 1 487 500 net. The average salary for an underwriter in india is 485 235. Salary estimates are based on 20 salaries submitted anonymously to indeed by insurance underwriter employees users and collected from past and present job advertisements on indeed in the past 36 months. The most typical salary is inr 1 350 000 gross.

An underwriting assistant in the chicago il area area reported. An underwriting assistant in the atlanta ga area area reported making 38 000 per year. According to irda insurance regulatory and development authority india s insurance industry consist 52 companies. Visit payscale to research underwriter salaries by city experience skill employer and more.

Insurance underwriter india national job listing no. Insurance underwriter salaries in india range from 12 500 inr per month minimum salary to 41 900 inr per month maximum salary. These data are from our visitors surveys 04 individual salaries. Employer name has been removed to protect anonymity.

The most typical salary is inr 1 312 500 gross. Below are the most recent insurance underwriter salary reports. Average salary for insurance underwriter in india is inr 1 250 200. In the starting 26 of fdi was allowed it increases to 49.

Atlanta ga area area. The average salary for an insurance underwriter is 6 91 613 per year in india. Company private. This actually happened after opening the door for fdi in insurance sector in 2000.

About 3 96 of gdp is paid by indian insurer as premium in 2012 13. Median salary the median salary is 28 100 inr per month which means that half 50 of people working as insurance underwriter s are earning less than 28 100 inr while the other half are earning more than 28 100 inr. Average salary for insurance underwriter in mumbai india is inr 1 887 500. 9742581 examining insurance proposals preparing quotes and negotiating the terms with the clients determining premiums invoicing know all the type of insurance policies terms and conditions good decision maker especially when under pressure able to use initiative.

The national average salary estimate for insurance underwriter was 77 694.