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An insurance underwriter specializing in casualty insurance assesses and evaluates the risk associated with insuring individuals or businesses against liability for injuries to others or damage to their property. They analyze various factors such as the applicant's history, industry trends, and regulatory requirements to determine the appropriate coverage and premium rates. The underwriter reviews applications, conducts risk assessments, and makes decisions on policy approvals, modifications, or rejections. They also collaborate with agents, brokers, and other professionals to gather additional information and negotiate terms. This occupation requires strong analytical skills, attention to detail, and knowledge of insurance regulations and policies. Effective communication and decision-making abilities are essential to ensure accurate risk assessment and maintain profitable business relationships.
Estimated Yearly Salary: 2,821,707 INR
Estimated Monthly Salary: 235,142 INR
Estimated Weekly Salary: 54,264 INR per week
Estimated Hourly Salary: 1,357 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 226,868 INR
Estimated Weekly Salary: 52,354 INR per week
Estimated Hourly Salary: 1,309 INR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 31,304 USD
Estimated Monthly Salary: 2,609 USD
Estimated Weekly Salary: 602 USD per week
Estimated Hourly Salary: 15 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 2,821,707 INR
Estimated Monthly Salary: 235,142 INR
Estimated Weekly Salary: 54,264 INR per week
Estimated Hourly Salary: 1,357 INR per hour
By working as Insurance Underwriter Casualty a person can save up to 1,713 USD per month or 20,562 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Insurance Underwriter Casualty
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Underwriter Casualty salary in India
Average Yearly Salary of Insurance Underwriter Casualty in India is approximately 2,821,707 INR (31,304 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Insurance Underwriter Casualty do?
An insurance underwriter specializing in casualty insurance assesses and evaluates the risk associated with insuring individuals or businesses against liability for injuries to others or damage to their property. They analyze various factors such as the applicant's history, industry trends, and regulatory requirements to determine the appropriate coverage and premium rates. The underwriter reviews applications, conducts risk assessments, and makes decisions on policy approvals, modifications, or rejections. They also collaborate with agents, brokers, and other professionals to gather additional information and negotiate terms. This occupation requires strong analytical skills, attention to detail, and knowledge of insurance regulations and policies. Effective communication and decision-making abilities are essential to ensure accurate risk assessment and maintain profitable business relationships.
Skills: insurance underwriter, casualty insurance, risk assessment, liability coverage, premium rates, insurance regulations
Job industry: Insurance
Job industry: Insurance
How much does Insurance Underwriter Casualty make?
Salary details
How much does Insurance Underwriter Casualty make?Estimated Yearly Salary: 2,821,707 INR
Estimated Monthly Salary: 235,142 INR
Estimated Weekly Salary: 54,264 INR per week
Estimated Hourly Salary: 1,357 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,722,410 INREstimated Monthly Salary: 226,868 INR
Estimated Weekly Salary: 52,354 INR per week
Estimated Hourly Salary: 1,309 INR per hour
Last revision of data: 2024-01-09Insurance Underwriter Casualty estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 31,304 USD
Estimated Monthly Salary: 2,609 USD
Estimated Weekly Salary: 602 USD per week
Estimated Hourly Salary: 15 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Underwriter Casualty job salary compared to average salary in India.
Comparison shows that a person working as Insurance Underwriter Casualty in India earns on average:
1.52 times the average salary (or 152% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Underwriter Casualty job salary compared to average salary in India.
Comparison shows that a person working as Insurance Underwriter Casualty in India earns on average:
1.52 times the average salary (or 152% of average salary).
Is Insurance Underwriter Casualty a well paid job?
Yes, our data shows that Insurance Underwriter Casualty is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Insurance Underwriter Casualty?
High salary for Insurance Underwriter Casualty would be somewhere between 3,103,878 INR and 4,091,475 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Underwriter Casualty in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 2,821,707 INR
Estimated Monthly Salary: 235,142 INR
Estimated Weekly Salary: 54,264 INR per week
Estimated Hourly Salary: 1,357 INR per hour
By working as Insurance Underwriter Casualty a person can save up to 1,713 USD per month or 20,562 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Insurance Underwriter Casualty
Pakistan is 2,204 USD
China is 17,985 USD
Nepal is 10,299 USD
Bangladesh is 3,958 USD
Afghanistan is 8,387 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
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Data as of 2025Random salary:
Licensed paraplanner (1,259,279 INR per year, pre-tax.)
Columnist (3,972,458 INR per year, pre-tax.)
Geriatric chiropractor (2,700,450 INR per year, pre-tax.)
Account collector (834,063 INR per year, pre-tax.)
Magazine advertising sales (1,924,748 INR per year, pre-tax.)
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