HCLTech Underwriter Salaries by 5 Employees

4 - 10 years exp.

₹3.1 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Underwriter Salary in IT Services & Consulting Companies for 4 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Underwriter Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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Risk Management & Compliance Underwriter Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹5.8 L/yr

Last Updated: 8 Dec 2024

Companies similar to HCLTech for Underwriter

Company name	Avg Annual Salary	Open Jobs
TCS Underwriter Salary 1 - 7 years exp. (32 salaries)	₹1.8 L/yr - ₹7.5 L/yr 18% less
Infosys Underwriter Salary 2 - 5 years exp. (6 salaries)	₹3.9 L/yr - ₹4.5 L/yr 1% less
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Wipro Underwriter Salary 1 - 6 years exp. (23 salaries)	₹1.8 L/yr - ₹6 L/yr 15% less
Cognizant Underwriter Salary 2 - 5 years exp. (7 salaries)	₹3.4 L/yr - ₹8.5 L/yr 21% more
Accenture Underwriter Salary 0 - 4 years exp. (64 salaries)	₹1.5 L/yr - ₹5.5 L/yr 23% less
Capgemini Underwriter Salary 3 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 5% less
Mphasis Underwriter Salary 2 - 11 years exp. (83 salaries)	₹2.1 L/yr - ₹9 L/yr 37% more	3 job openings
Genpact Underwriter Salary 1 - 6 years exp. (43 salaries)	₹2.5 L/yr - ₹6.4 L/yr 7% less	2 job openings
Datamatics Global Services Underwriter Salary 1 - 7 years exp. (22 salaries)	₹1.4 L/yr - ₹3.5 L/yr 45% less
Coforge Underwriter Salary 2 - 5 years exp. (8 salaries)	₹2.5 L/yr - ₹4.6 L/yr 18% less
HCL Group Underwriter Salary 4 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹4.8 L/yr At par
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Underwriter salary at HCLTech ranges between ₹3.1 Lakhs to ₹5.8 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of HCLTech.

Experience wise HCLTech Underwriter salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7.4 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7.6 L/yr
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6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.7 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
9 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.8 L/yr
10 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.8 L/yr

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(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

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(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

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₹4.55 L/yr - ₹17.19 L/yr

Senior Analyst Salary

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Deputy Manager Salary

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Top skills at HCLTech for Underwriter

Underwriting mortgage US Mortgage UK Shift Banking Analytical skills Banking Operations Loans Residential Communication Skills Underwriting Document Review bpo Indexing Mortgage Loans

Salary related reviews for HCLTech

Senior Analyst in Noida

Full Time

Engineering - Hardware & Networks Department

3.0

• posted on 15 Jan 2025

1.0

for Salary and Benefits

Likes

Food available everytime in cafeteria. Outside view is good .

Skill development - Good

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Perks and benefits are not good and deduction in salary on the basis of performance which is not good by compony . Every employee wants more and more hikes and who do not perform well for money . Who wants deduction but compony policy is to deduct from variables on the basis of performance .washrooms and breakout area are not hygienic .

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Senior Analyst in Bangalore / Bengaluru

Full Time

IT & Information Security Department

3.0

• posted on 15 Jan 2025

3.0

for Salary and Benefits

Likes

Biased managements

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I have been working here from 2.5 years and there was no hike from past 2 years last month received hike even that is not justified. No Proper clarification for anything, Their Unified ticket tool is also not worth their team is not responding properly. They are just closing the tickets without clarifications.

Promotions - Bad

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Analyst in Noida

Full Time

IT & Information Security Department

4.0

• posted on 31 Dec 2024

3.0

for Salary and Benefits

Likes

Apart from job security , there is nothing. Also if you are fresher you can start your carrier since it is so called big MNC, but don't stay here more than 2 years if you are fresher.

Job security - Good

Dislikes

Nothing good here, everything is bad apart from job security. No growth No hike , No work balance No support from senior's

Promotions - Poor

Senior Analyst in Noida

Full Time

IT & Information Security Department

2.0

• posted on 15 Dec 2024

1.0

for Salary and Benefits

Likes

This is all depends on your manager.

Job security - Good

Dislikes

...g is changed every week or 2 times in a month. 3. Transport team is very bad. 4. HR said ask your questions but they guys have no answer about Appraisal or Salary increment/ promotion. 5. Appraisal is very bad like 1-5% only.

Salary - Bad

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Analyst in Chennai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 03 Dec 2024

4.0

for Salary and Benefits

Likes

Work life balance is great but depends on project and the management. Great choice to Kickstart career for the recent graduate.

Salary - Good

+6 more

Dislikes

No relevance for the LPA mentioned and take-home salary. Too many cuttings and dispersion. Don't expect hike and appraisals every year. Just for name sale they release and provide perks.

see more salary related reviews

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What people are saying about HCLTech

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goodtoknow293

1w (edited)

currently not working

Hcl Tech EPB ( engagement or employee performance bonus) deduction issue.

Hi friends, I am sharing an important information with you. I have recently joined HCL tech. Last December, 2024 my first quarterly appraisal was done. I got near about 7+ out of 10. As of now everything was okay. But this month i.e March,2025 I got only 30% of my EPB component. I then connected with my HR and Manager and RM also but no response. Everyone said, I will check it etc etc....then I talked to one of my colleagues and got to know that if the rating is below 8.5 then 20 to 30% of the EPB component will be credited. Wow 😂...really shocked. Every one in HCL has this issue or concern. So guys if you are a new joiner, be cautious about your quarter or annual rating. Do not accept less than 8.5 or else it will be hugely impacted to your salary slip. Also 7.15 out of 10 is around 70%+...but how they were calculated 30%.. don't know...really bad policy implementation...I am now deciding to leave it now...

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HCLTech Underwriter Salary FAQs

What is the salary of Underwriter at HCLTech ?

The average salary of a Underwriter at HCLTech in India typically ranges from ₹3.1 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Underwriter at HCLTech earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Underwriter Salaries at HCLTech 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 5 HCLTech employees in India.

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

The estimated take-home salary of a Underwriter at HCLTech in India typically ranges from ₹32,350 to ₹33,629 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 4 years to 10 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 5 salaries received from various employees of HCLTech. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Underwriter at HCLTech ?

To be a Underwriter at HCLTech in india, the key skills required include:

- Underwriting
- mortgage
- US Mortgage
- UK Shift
- Banking

These skills are highly valued at HCLTech and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HCLTech for Underwriter in India?

Mphasis	₹2.1 Lakhs to ₹9.0 Lakhs per year
Cognizant	₹3.4 Lakhs to ₹8.5 Lakhs per year

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

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

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

HCL Group	₹3.5 Lakhs to ₹4.8 Lakhs per year
Infosys	₹3.9 Lakhs to ₹4.5 Lakhs per year
Capgemini	₹3.5 Lakhs to ₹4.8 Lakhs per year
Genpact	₹2.5 Lakhs to ₹6.4 Lakhs per year
Wipro	₹1.8 Lakhs to ₹6.0 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 Underwriter at HCLTech in India?

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

Experience	Average Salary Range
4 years	₹3.1 Lakhs to ₹7.4 Lakhs per year
5 years	₹3.7 Lakhs to ₹7.6 Lakhs per year
6 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
7 years	₹1.8 Lakhs to ₹4.7 Lakhs per year

and so on.

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HCLTech Underwriter Salaries

HCLTech Underwriter salary in India ranges between ₹3.1 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HCLTech latest salaries received from various employees of HCLTech.