AXA Business Services Underwriter Salaries by 5 Employees (Updated 2025)

6 - 12 years exp.

₹3.5 Lakhs - ₹5.7 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Underwriter Salary in Insurance Companies for 6 - 12 years of experience

Interested in this particular role? 1 job opening

Last Updated: 7 Jan 2024

Companies similar to AXA Business Services for Underwriter

Company name	Avg Annual Salary	Open Jobs
Accenture Underwriter Salary 0 - 4 years exp. (64 salaries)	₹1.5 L/yr - ₹5.5 L/yr 31% less
Capgemini Underwriter Salary 3 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 10% less
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Wipro Underwriter Salary 1 - 6 years exp. (20 salaries)	₹1.8 L/yr - ₹6 L/yr 18% less	1 job opening
TCS Underwriter Salary 1 - 7 years exp. (31 salaries)	₹1.8 L/yr - ₹7.5 L/yr 24% less
Infosys Underwriter Salary 2 - 5 years exp. (6 salaries)	₹3.9 L/yr - ₹4.5 L/yr 6% less
HCLTech Underwriter Salary 4 - 10 years exp. (5 salaries)	₹3.1 L/yr - ₹5.8 L/yr 6% less	2 job openings
Cognizant Underwriter Salary 2 - 5 years exp. (7 salaries)	₹3.4 L/yr - ₹8.5 L/yr 19% more
Genpact Underwriter Salary 1 - 6 years exp. (44 salaries)	₹2.2 L/yr - ₹5.6 L/yr 16% less	3 job openings
ICICI Lombard General Insurance Company Underwriter Salary 0 - 3 years exp. (43 salaries)	₹3.7 L/yr - ₹9.5 L/yr 54% more
ICICI Prudential Life Insurance Underwriter Salary 0 - 5 years exp. (25 salaries)	₹2.1 L/yr - ₹6 L/yr 7% less
Tata AIG Underwriter Salary 0 - 5 years exp. (39 salaries)	₹5.2 L/yr - ₹17.1 L/yr 113% more
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SBI Life Insurance Company Underwriter Salary 0 - 10 years exp. (24 salaries)	₹2 L/yr - ₹6.7 L/yr 14% less
HDFC Life Underwriter Salary 0 - 5 years exp. (15 salaries)	₹1.8 L/yr - ₹4.7 L/yr 15% less
Max Life Insurance Underwriter Salary 1 - 5 years exp. (11 salaries)	₹2.1 L/yr - ₹3.1 L/yr 47% less
Gallagher Underwriter Salary 3 - 13 years exp. (10 salaries)	₹9 L/yr - ₹21 L/yr 174% more
Cholamandalam MS General Insurance Underwriter Salary 0 - 9 years exp. (10 salaries)	₹2 L/yr - ₹9.9 L/yr 18% more
Bajaj Allianz Life Insurance Underwriter Salary 1 - 11 years exp. (10 salaries)	₹2.4 L/yr - ₹8 L/yr 11% less
Allstate Underwriter Salary 3 - 8 years exp. (6 salaries)	₹4.5 L/yr - ₹7 L/yr 8% more
Aditya Birla Sun Life Insurance Underwriter Salary 0 - 4 years exp. (6 salaries)	₹1.7 L/yr - ₹3.5 L/yr 34% less
Kotak Mahindara Life Insurance Underwriter Salary 0 - 2 years exp. (6 salaries)	₹4.5 L/yr - ₹6.5 L/yr 21% more

View all

Underwriter salary at AXA Business Services ranges between ₹3.5 Lakhs to ₹5.7 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of AXA Business Services.

Experience wise AXA Business Services Underwriter salaries

Last Updated: 7 Jan 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
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8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.3 L/yr
10 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.1 L/yr
11 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.4 L/yr
12 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹5.7 L/yr

View all

Similar Designation salaries in AXA Business Services

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(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

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Underwriting Manager Salary

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₹2.7 L/yr - ₹3.5 L/yr

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Senior Associate Salary

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₹2.5 L/yr - ₹6 L/yr

Senior Analyst Salary

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₹2.2 L/yr - ₹9.1 L/yr

Deputy Manager Salary

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₹10 L/yr - ₹20 L/yr

Management Trainee Salary

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₹8 L/yr - ₹8.4 L/yr

Process Associate Salary

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Process Specialist Salary

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₹2.5 L/yr - ₹6 L/yr

Top skills at AXA Business Services for Underwriter

Finance Relationship Management Risk Management Claims Adjudication Medical Underwriting Agile Coaching Business Strategy Reinsurance Forecasting

Salary related reviews for AXA Business Services

Senior Analyst in Pune

Full Time

Other Department

1.0

• posted on 09 Jan 2025

1.0

for Salary and Benefits

Likes

Just the location as it was in my hometown.

Dislikes

...ts encouraged. HR is from rural institutions who cannot speak English properly. Salary is abyssymal. Worked here only because I was in a financial difficulty. Also, notice period is an unbelievable 90 days (not negotiable!).

Salary - Bad

+6 more

Senior Analyst in Bangalore / Bengaluru

Full Time

Engineering - Hardware & Networks Department

5.0

• posted on 27 Dec 2023

3.0

for Salary and Benefits

Likes

...ny as its worklife balance is very good and policies are also good management .. only things are skill devlopment should be a priority, and competitive salary should be given to deserving employees rest all aspect AXA is gooooooood good Goooood.

Job security - Excellent

+3 more

Dislikes

Nothing....... as of now

Process Specialist in Pune

Full Time

swiss life Department

4.0

• posted on 02 Dec 2022

2.0

for Salary and Benefits

Likes

all good in this campany expect salary time to time salary come in your account slow growth rate because pattern for growing is older

Job security - Excellent

+3 more

Dislikes

salary and appraisal not giving to much it happened accordingly your overall performance if all excellent then 10-15 % and successful then 5-10 % and below successful below 5% growth in the salary

Salary - Poor

Process Specialist in Pune

Full Time

Data Science & Analytics Department

2.0

• posted on 07 Jun 2022

1.0

for Salary and Benefits

Likes

AXA is good for only work, work and work. Thats it. Pressurized employees to complete work with Mandatory OT.

Dislikes

Bonus - No Job security - No Compensation and Benefits - No Career growth - No Extra activities - No Team outing - No Rewards and recognition - No Politics - YES Trainings - No

Salary - Bad

+6 more

Analyst in Pune

Finance & Accounting Department

2.0

• posted on 31 Mar 2021

1.0

for Salary and Benefits

Likes

...ement is not that great. They have some or the other excuse each and every time. In terms of compensation people at lower level are offered very less and they get hardly 2-5% yearly hike so their salary remains in the same bracket and upper management is not at all concerned about that. Not that great place to work.

Dislikes

Already described above

Salary - Bad

+3 more

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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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AXA Business Services Underwriter Salary FAQs

What is the salary of Underwriter at AXA Business Services?

Underwriter salary at AXA Business Services in India ranges between ₹3.5 Lakhs to ₹5.7 Lakhs for experience between 6 years to 12 years. According to our estimates it is 13% less than the average Underwriter Salary in India. Salary estimates are based on 5 latest salaries received from various employees of AXA Business Services India.

How does the salary of a Underwriter at AXA Business Services India compare with the average salary range for this job?

The average salary of a Underwriter at AXA Business Services is 13% less than the average salary of a Underwriter in India. To know exact salary insights, login to view.

What are the top skills required to work as a Underwriter at AXA Business Services?

Finance, Relationship Management, Risk Management, Claims Adjudication and Medical Underwriting are some of the popular skills required to work as a Underwriter at AXA Business Services India.

Which similar companies are paying more than AXA Business Services to a Underwriter in India?

Gallagher Underwriter Salary - ₹9.0 Lakhs to ₹21.0 Lakhs per year
Tata AIG Underwriter Salary - ₹5.2 Lakhs to ₹17.1 Lakhs per year
Tata AIA Life Insurance Underwriter Salary - ₹6.0 Lakhs to ₹10.5 Lakhs per year
ICICI Lombard General Insurance Company Underwriter Salary - ₹3.7 Lakhs to ₹9.5 Lakhs per year
Allianz Services Underwriter Salary - ₹5.5 Lakhs to ₹7.9 Lakhs per year

What is the salary of a Underwriter in companies similar to AXA Business Services in India?

Kotak Mahindara Life Insurance Underwriter Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year
Cognizant Underwriter Salary - ₹3.4 Lakhs to ₹8.5 Lakhs per year
Cholamandalam MS General Insurance Underwriter Salary - ₹2.0 Lakhs to ₹9.9 Lakhs per year
Allstate Underwriter Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year
HCLTech Underwriter Salary - ₹3.1 Lakhs to ₹5.8 Lakhs per year

What is the estimated take home salary of a Underwriter at AXA Business Services in India?

The estimated take-home salary of a Underwriter at AXA Business Services ranges between ₹34,451 per month to ₹35,699 per month in India. The take-home salary calculation is based on the average AXA Business Services Underwriter salary in India which ranges between ₹3.5 Lakhs to ₹5.7 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at AXA Business Services?

According to AmbitionBox, 100% of the AXA Business Services Underwriters reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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AXA Business Services Underwriter Salaries

AXA Business Services Underwriter salary in India ranges between ₹3.5 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 AXA Business Services latest salaries received from various employees of AXA Business Services.