Salary Of Insurance Underwriter In India
In the starting 26 of fdi was allowed it increases to 49.
Salary of insurance underwriter in india. The most typical salary is inr 1 350 000 gross. 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. According to irda insurance regulatory and development authority india s insurance industry consist 52 companies. The most typical salary is inr 1 312 500 gross.
Insurance underwriter india national job listing no. The average salary for an insurance underwriter is 6 91 613 per year in india. An underwriting assistant in the atlanta ga area area reported making 38 000 per year. 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.
Average take home earning is inr 1 487 500 net. Below are the most recent insurance underwriter salary reports. Last decade witnessed an accelerated growth in insurance sector. An underwriting assistant in the chicago il area area reported.
The average salary for an underwriter in india is 485 235. Visit payscale to research underwriter salaries by city experience skill employer and more. Employer name has been removed to protect anonymity. About 3 96 of gdp is paid by indian insurer as premium in 2012 13.
Atlanta ga area area. Average take home earning is inr 984 800 net. The national average salary estimate for insurance underwriter was 77 694. This actually happened after opening the door for fdi in insurance sector in 2000.
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. This equates to an hourly salary of 40 47 and monthly of 6 475. 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. Insurance underwriter salaries in india range from 12 500 inr per month minimum salary to 41 900 inr per month maximum salary.
Average salary for insurance underwriter in india is inr 1 250 200.
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