Canara HSBC Life Insurance Senior Underwriter Salaries by 4 Employees

1 - 5 years exp.

₹4.4 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

43% less than the average Senior Underwriter Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Underwriter Salary 1 - 5 years exp. (3 salaries)	₹4.5 L/yr - ₹5 L/yr
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BFSI, Investments & Trading Senior Underwriter Salary 4 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.8 L/yr

Last Updated: 1 Aug 2024

Companies similar to Canara HSBC Life Insurance for Senior Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Underwriter Salary 0 - 2 years exp. (5 salaries)	₹3 L/yr - ₹4.7 L/yr 6% less
MetLife Senior Underwriter Salary 8 - 13 years exp. (4 salaries)	₹6 L/yr - ₹7 L/yr 46% more
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Gallagher Senior Underwriter Salary 4 - 7 years exp. (4 salaries)	₹4.4 L/yr - ₹8.3 L/yr 51% more
SBI Life Insurance Company Senior Underwriter Salary 5 - 15 years exp. (4 salaries)	₹3 L/yr - ₹8.5 L/yr 11% more
HDFC Life Senior Underwriter Salary 3 - 6 years exp. (4 salaries)	₹3.4 L/yr - ₹4.1 L/yr 18% less
Star Health & Allied Insurance Senior Underwriter Salary 1 - 9 years exp. (3 salaries)	₹2.8 L/yr - ₹3.6 L/yr 28% less

Senior Underwriter salary at Canara HSBC Life Insurance ranges between ₹4.4 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Senior Underwriter salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.8 L/yr
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3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.1 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr

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Salary related reviews for Canara HSBC Life Insurance

Senior Associate in Belgaum

Full Time

Finance & Accounting Department

4.0

• posted on 25 Jul 2023

4.0

for Salary and Benefits

Likes

Flexible time, salary on time good bank support to generate business

Salary - Good

+3 more

Dislikes

Sales Training is not upto the mark ..service problems are big challenges.. there is no such correct path get resolving any it or service issues

Process Associate in Gurgaon / Gurugram

Full Time

Other Department

5.0

• posted on 01 Feb 2022

4.0

for Salary and Benefits

Likes

Good work environment and cultre. Teammates are supportive and the management is transparent.

Salary - Good

+6 more

Dislikes

There is a lot of politcs and the management doesn’t address our issues. Salary is lil bit lower and career growth is also slow.

Operations Manager in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 01 Jun 2023

1.0

for Salary and Benefits

Likes

Absolutely nothing

Dislikes

...le culture. Even top management is just busy in politics and finding scapegoats. Pay is peanuts and zero work life balance. The leaders have no respect for employees or their personal time. This is one of the worst organizations one can ever work for.

Salary - Bad

+6 more

Senior Associate in West Delhi

Full Time

Marketing & Communication Department

1.0

• posted on 06 Oct 2024

1.0

for Salary and Benefits

Likes

The way HR fools you by not disclosing their so important company policy. Giving you high salary packages, as a trap.

Dislikes

..., ICICI prudential, but nothing .. seriously nothing is worst like this company. Their reporting managers don't know anything about the process but they only know how to cut your salary... Everyone is here to blaming you only that all your fault. Before joining here I was a good performer in my job i know how to work , in my previous companies I have lots of achievements, but after joining here I loose my self confidence, I loose my mental health, I loose my peace of mind. And all this I got within 4 months of joining. I have resigned here and not expecting to join this company again ever in my life, worst worst worst experience. I will never let go here anyone from my friends and my reference. Suggestion for everyone. I don't have option to give less star than 1 . Every feedback here which show more than 3 star is could be fake or from the higher management or HR or the any lucky person here who got business easily. Worst product they have. They do so much miss sale in branch. Numbers of complaints have registered against their of miss selling. If you are able to do miss sale or Miss guide to the customer, only than you can stay here last long otherwise I bet you.... You won't stay here for long.

Salary - Bad

+6 more

Team Lead in Gurgaon / Gurugram

BFSI, Investments & Trading Department

3.0

• posted on 27 Sep 2020

2.0

for Salary and Benefits

Likes

... band 8 in covid situation co has started 4 lac medical policy... Its good ..... 7 days working, no increament as u know that our ctc is not good i m totally dependent co, currently co hire employees in high package same profile.. Existing employees sitting on same package.. 5 day co policy when i joined now saturday &Sunday working no addition benefit given. ..... Ok what to do. .

Dislikes

No HR value in choice, no ethics, 7 days working, no increament, late night working

Salary - Poor

+3 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Canara HSBC Life Insurance Senior Underwriter Salary FAQs

What is the salary of Senior Underwriter at Canara HSBC Life Insurance ?

The average salary of a Senior Underwriter at Canara HSBC Life Insurance in India typically ranges from ₹4.4 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Senior Underwriter at Canara HSBC Life Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Senior Underwriter Salaries at Canara HSBC Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Canara HSBC Life Insurance employees in India.

What is the estimated take home salary of a Senior Underwriter at Canara HSBC Life Insurance in India?

The estimated take-home salary of a Senior Underwriter at Canara HSBC Life Insurance in India typically ranges from ₹32,550 to ₹33,826 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Canara HSBC Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Canara HSBC Life Insurance for Senior Underwriter in India?

Gallagher	₹4.4 Lakhs to ₹8.3 Lakhs per year
MetLife	₹6.0 Lakhs to ₹7.0 Lakhs per year
SBI Life Insurance Company	₹3.0 Lakhs to ₹8.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Canara HSBC Life Insurance, depending on the role and experience level.

What is the salary of a Senior Underwriter in companies similar to Canara HSBC Life Insurance in India?

The salary of a Senior Underwriter at companies similar to Canara HSBC Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance	₹3.0 Lakhs to ₹4.7 Lakhs per year
HDFC Life	₹3.4 Lakhs to ₹4.1 Lakhs per year
Star Health & Allied Insurance	₹2.8 Lakhs to ₹3.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Underwriter at Canara HSBC Life Insurance in India?

The salary growth for a Senior Underwriter at Canara HSBC Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Underwriter can expect the following growth trajectory at Canara HSBC Life Insurance:

Experience	Average Salary Range
1 year	₹1.6 Lakhs to ₹4.5 Lakhs per year
2 years	₹1.7 Lakhs to ₹4.8 Lakhs per year
3 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
4 years	₹4.3 Lakhs to ₹8.1 Lakhs per year

and so on.

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Canara HSBC Life Insurance Senior Underwriter Salaries

Canara HSBC Life Insurance Senior Underwriter salary in India ranges between ₹4.4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.