Balance Hero India Underwriter Salaries by 4 Employees (Updated 2024)

3 - 6 years exp.

₹3.5 Lakhs - ₹4.4 Lakhs

Low Confidence

Salary of majority employees

25% less than the average Underwriter Salary in Financial Services Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriter Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
Customer Success, Service & Operations Underwriter Salary 4 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.8 L/yr
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Risk Management & Compliance Underwriter Salary 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 13 Dec 2023

Companies similar to Balance Hero India for Underwriter

Company name	Avg Annual Salary	Open Jobs
SitusAMC Underwriter Salary 2 - 12 years exp. (376 salaries)	₹2.8 L/yr - ₹10.6 L/yr 83% more	2 job openings
Mphasis Underwriter Salary 2 - 9 years exp. (80 salaries)	₹2.8 L/yr - ₹9 L/yr 41% more	5 job openings
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VERITY GLOBAL SOLUTIONS Underwriter Salary 2 - 9 years exp. (77 salaries)	₹3.1 L/yr - ₹9.3 L/yr 50% more
First Source Underwriter Salary 1 - 6 years exp. (64 salaries)	₹2.5 L/yr - ₹8.3 L/yr 30% more	4 job openings
Star Health & Allied Insurance Underwriter Salary 0 - 8 years exp. (64 salaries)	₹1.4 L/yr - ₹4.1 L/yr 33% less

Underwriter salary at Balance Hero India ranges between ₹3.5 Lakhs to ₹4.4 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Balance Hero India.

Experience wise Balance Hero India Underwriter salaries

Last Updated: 13 Dec 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹4.4 L/yr
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5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr

Similar Designation salaries in Balance Hero India

Analyst Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Team Lead Salary

(3 salaries)

₹25 L/yr - ₹51 L/yr

Senior Associate Salary

(5 salaries)

₹3.2 L/yr - ₹6 L/yr

Deputy Manager Salary

(4 salaries)

₹7 L/yr - ₹8.53 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Top skills at Balance Hero India for Underwriter

Finance Due Diligence Problem Solving Financial Statements Compliance

Salary related reviews for Balance Hero India

5.0

Rated by 1 employees for salary & benefits

Customer Service Associate in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 30 Oct 2023

4.0

for Salary and Benefits

Likes

Work life balance

Dislikes

...S I THINK HE WAS HIRED AND COMPANY PAYING HIM TO TASTE COFFEE AND PLAY POOL .... HE IS SALARY GUY NOT VISIONARY ONE AND EVERY STARTUP NEED VISIONARY LEADER..

Credit Processing Associate in Gurgaon / Gurugram

Full Time

Risk Management & Compliance Department

4.0

• posted on 28 Sep 2022

4.0

for Salary and Benefits

Likes

There I have joined at good salary package from previous one and the work environment is absolutely good as mostly teams working under one roof with helping nature from each other's.

Dislikes

I have joined on different company payrol and both companies have not good co Ordinations on salary distributions and hiring and evacuation policy

Senior Executive in Gurgaon / Gurugram

Full Time

Legal & Regulatory Department

1.0

• posted on 25 Nov 2024

1.0

for Salary and Benefits

Likes

TC Legal and Compliance- The culture is very bad in the organisation. There is no division of work or appreciation for the work employee does. The only thing that works here is the connections.

Dislikes

Culture is very bad

Credit Underwriter in Gurgaon / Gurugram

Full Time

Risk Management & Compliance Department

2.0

• posted on 18 Aug 2023

1.0

for Salary and Benefits

Likes

korean culture is good here but only for payroll employees

Dislikes

1 - off role employees has no work life balance. 2- 6 days working as payroll emp work 5days 3- no promotion or increments 4- Hr policy work made for payroll emp only.

Associate Manager in Gurgaon / Gurugram

Marketing & Communication Department

3.0

• posted on 20 Jul 2020

1.0

for Salary and Benefits

Likes

The way company treated its employees just within a month of lock down and a crisis situation by laying off half its strength without any explanation was terrible

Dislikes

Discrimination in the treatment of Indian and Korean staff. While the layoff drive started in India along with paycuts, korean employees had to go through pay cuts only

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Balance Hero India Underwriter Salary FAQs

What is the salary of Underwriter at Balance Hero India?

Underwriter salary at Balance Hero India in India ranges between ₹3.5 Lakhs to ₹4.4 Lakhs for experience between 3 years to 6 years. According to our estimates it is 25% less than the average Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Balance Hero India India.

How does the salary of a Underwriter at Balance Hero India India compare with the average salary range for this job?

The average salary of a Underwriter at Balance Hero India is 25% 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 Balance Hero India?

Finance, Due Diligence, Problem Solving, Financial Statements and Compliance are some of the popular skills required to work as a Underwriter at Balance Hero India India.

Which similar companies are paying more than Balance Hero India to a Underwriter in India?

SitusAMC Underwriter Salary - ₹2.8 Lakhs to ₹10.6 Lakhs per year
VERITY GLOBAL SOLUTIONS Underwriter Salary - ₹3.1 Lakhs to ₹9.3 Lakhs per year
Mphasis Underwriter Salary - ₹2.8 Lakhs to ₹9.0 Lakhs per year
First Source Underwriter Salary - ₹2.5 Lakhs to ₹8.3 Lakhs per year

What is the salary of a Underwriter in companies similar to Balance Hero India in India?

Star Health & Allied Insurance Underwriter Salary - ₹1.4 Lakhs to ₹4.1 Lakhs per year

What is the estimated take home salary of a Underwriter at Balance Hero India in India?

The estimated take-home salary of a Underwriter at Balance Hero India ranges between ₹29,453 per month to ₹30,825 per month in India. The take-home salary calculation is based on the average Balance Hero India Underwriter salary in India which ranges between ₹3.5 Lakhs to ₹4.4 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at Balance Hero India?

According to AmbitionBox, 67% of the Balance Hero India Underwriters reported a notice period of 15 days or less, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

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Balance Hero India Underwriter Salaries

Balance Hero India Underwriter salary in India ranges between ₹3.5 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Balance Hero India latest salaries received from various employees of Balance Hero India.