Bajaj Finance Pune Underwriting Manager Salaries by 9 Employees (Updated 2025)

1 - 6 years exp.

₹5 Lakhs - ₹7 Lakhs

Salary of majority employees

35% less than the average Underwriting Manager Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Underwriting Manager Salary 1 - 5 years exp. (4 salaries)	₹5.5 L/yr - ₹7.1 L/yr
Legal & Regulatory Underwriting Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.3 L/yr
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BFSI, Investments & Trading Underwriting Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹7.5 L/yr
Risk Management & Compliance Underwriting Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr

Last Updated: 26 Feb 2024

Companies similar to Bajaj Finance for Underwriting Manager in Pune

Bajaj Finance Underwriting Manager Salary

1 - 6 years exp. (9 salaries)

₹5 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI General Insurance Underwriting Manager Salary 7 - 12 years exp. (8 salaries)	₹7.5 L/yr - ₹12.8 L/yr 73% more
Gallagher Underwriting Manager Salary 7 - 10 years exp. (5 salaries)	₹12 L/yr - ₹13 L/yr 98% more
Login to view exact salary
Lonestar General Solutions Underwriting Manager Salary 5 - 7 years exp. (3 salaries)	₹5 L/yr - ₹7.2 L/yr 2% more

Underwriting Manager salary at Bajaj Finance ranges between ₹5 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Underwriting Manager salaries in Pune

Last Updated: 26 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.5 L/yr
2 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.1 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.3 L/yr
5 years (3 salaries)	₹5.1 L/yr - ₹6.3 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7 L/yr

View all

Similar Designation salaries in Bajaj Finance

Deputy Manager Salary

(71 salaries)

₹3 L/yr - ₹7.84 L/yr

Credit Manager Salary

(67 salaries)

₹3 L/yr - ₹9 L/yr

Area Credit Manager Salary

(20 salaries)

₹5.2 L/yr - ₹11.75 L/yr

Team Lead Salary

(19 salaries)

₹1.6 L/yr - ₹5.5 L/yr

Regional Credit Manager Salary

(8 salaries)

₹17.75 L/yr - ₹25.9 L/yr

Branch Credit Manager Salary

(7 salaries)

₹4.3 L/yr - ₹8.05 L/yr

Salary related reviews for Bajaj Finance

5.0

Rated by 1 employees for salary & benefits

Credit Manager in Patiala

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 25 Jul 2023

5.0

for Salary and Benefits

Likes

Salary growth and career growth is a positive thing in a Bajaj finance Ltd . Also company is supportive and helpful. If you have any problem self or family then company stands with you . If you give time in this organisation then you will feel satisfied

Salary - Excellent

+4 more

Dislikes

Working life balance not well but if you are a alike army men then you have a good platform to groom your career

Team Lead in Viman Nagar, Pune

Other Department

1.0

• posted on 20 Oct 2022

3.0

for Salary and Benefits

Likes

Their competitive pay is the only good thing about working here

Dislikes

NO work life balance. You are expected to be available to work 20 hours a day and all 7 days of the week, no exceptions. HR will tell you that two Saturdays (and all Sundays) of a month are off. But once you join, your boss will call you to work on all Saturdays and some Sundays. If you dont like it, you can quit. If you make a small mistake or can't complete your work in the unreasonable target deadline, you will be shouted at and verbally abused, loudly, in front of multiple colleagues. And, dont even think about asking for vacation days. By policy you get 36 leaves per year. Practically, you may get 2 or 3. Also, no work from home, at all, for anyone, in any circumstances. Need i say more ?

Skill development - Poor

+4 more

Area Credit Manager in Tirunelveli

Finance & Accounting Department

2.0

• posted on 09 Mar 2020

5.0

for Salary and Benefits

Likes

Good salary and incentive structure. Also getting promotion every 18 to 24 months based on performance. No recommendation by superior.

Salary - Excellent

Dislikes

There is 24*7 culture. No holiday even Sunday. There is. No work life balance.

Job security - Bad

+3 more

Collection Officer in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

2.0

• posted on 15 Jan 2025

3.0

for Salary and Benefits

Likes

Work culture is good, salary on time

Company culture - Excellent

Dislikes

Previously Bajaj Auto finance Ltd was good after merging in to finserv it got hectic, bosses are always after you, no rest on week days after merging new managers are toxic

Skill development - Bad

+3 more

Credit Sales Manager in Bareilly

Full Time

Finance & Accounting Department

1.0

• posted on 05 Jan 2025

3.0

for Salary and Benefits

Likes

The company culture is good and you get to learn something new and new technology

Skill development - Excellent

+1 more

Dislikes

I have no problem working in Bajaj Auto Finance but the only thing that has messed up is the salary structure. My post is that of a credit sales manager but my profile says sales officer And now the profile of the new hiring is Assistant Manager

Job security - Bad

+3 more

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New Job, Higher Pay, Now I’m Feeling Awkward

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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Bajaj Finance Underwriting Manager Salary FAQs

What is the salary of Underwriting Manager at Bajaj Finance Pune?

Underwriting Manager salary at Bajaj Finance in Pune ranges between ₹5.0 Lakhs to ₹7.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 35% less than the average Underwriting Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Finance Pune.

How does the salary of a Underwriting Manager at Bajaj Finance Pune compare with the average salary range for this job?

The average salary of a Underwriting Manager at Bajaj Finance is 35% less than the average salary of a Underwriting Manager in Pune. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Finance to a Underwriting Manager in Pune?

Gallagher Underwriting Manager Salary - ₹12.0 Lakhs to ₹13.0 Lakhs per year
SBI General Insurance Underwriting Manager Salary - ₹7.5 Lakhs to ₹12.8 Lakhs per year
Lonestar General Solutions Underwriting Manager Salary - ₹5.0 Lakhs to ₹7.2 Lakhs per year

What is the estimated take home salary of a Underwriting Manager at Bajaj Finance in Pune?

The estimated take-home salary of a Underwriting Manager at Bajaj Finance ranges between ₹48,460 per month to ₹49,606 per month in Pune. The take-home salary calculation is based on the average Bajaj Finance Underwriting Manager salary in India which ranges between ₹5.0 Lakhs to ₹7.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Underwriting Manager at Bajaj Finance in Pune?

According to AmbitionBox, 100% of the Bajaj Finance Underwriting Managers in Pune reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Bajaj Finance Underwriting Manager Salaries in Pune

Bajaj Finance Underwriting Manager salary in Pune ranges between ₹5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Bajaj Finance latest salaries received from various employees of Bajaj Finance.