HDFC Ergo General Insurance Medical Underwriter Salaries by 10+ Employees (Updated 2024)

0 - 7 years exp.

₹3 Lakhs - ₹6.1 Lakhs

Salary of majority employees

6% less than the average Medical Underwriter Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

Research & Development Medical Underwriter Salary 0 - 3 years exp. (5 salaries)	₹3.1 L/yr - ₹4.8 L/yr
Healthcare & Life Sciences Medical Underwriter Salary 0 - 3 years exp. (4 salaries)	₹3 L/yr - ₹5.1 L/yr
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BFSI, Investments & Trading Medical Underwriter Salary 2 - 7 years exp. (3 salaries)	₹3.3 L/yr - ₹6.1 L/yr
Engineering - Software & QA Medical Underwriter Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Last Updated: 30 Oct 2024

Companies similar to HDFC Ergo General Insurance for Medical Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Medical Underwriter Salary 6 - 10 years exp. (4 salaries)	₹2.8 L/yr - ₹9 L/yr 4% more
Tata AIG Medical Underwriter Salary 0 - 15 years exp. (4 salaries)	₹3.1 L/yr - ₹13.7 L/yr 113% more
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ICICI Prudential Life Insurance Medical Underwriter Salary 1 - 7 years exp. (53 salaries)	₹3 L/yr - ₹9 L/yr 36% more
Care Health Insurance Medical Underwriter Salary 1 - 4 years exp. (27 salaries)	₹3 L/yr - ₹5.5 L/yr 3% more
HDFC Life Medical Underwriter Salary 1 - 9 years exp. (20 salaries)	₹2.5 L/yr - ₹7.8 L/yr 18% more
Max Life Insurance Medical Underwriter Salary 0 - 10 years exp. (17 salaries)	₹3.1 L/yr - ₹10 L/yr 33% more
PNB MetLife Medical Underwriter Salary 1 - 14 years exp. (10 salaries)	₹4.3 L/yr - ₹13 L/yr 80% more
Tata AIA Life Insurance Medical Underwriter Salary 2 - 4 years exp. (8 salaries)	₹4.3 L/yr - ₹7.9 L/yr 55% more
Star Health & Allied Insurance Medical Underwriter Salary 1 - 5 years exp. (7 salaries)	₹3 L/yr - ₹7 L/yr 2% less
Kotak Mahindara Life Insurance Medical Underwriter Salary 0 - 2 years exp. (6 salaries)	₹5.2 L/yr - ₹8 L/yr 31% more
Niva Bupa Health Insurance Company Medical Underwriter Salary 0 - 3 years exp. (6 salaries)	₹3 L/yr - ₹4.3 L/yr 14% less
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Allstate Medical Underwriter Salary 3 - 4 years exp. (4 salaries)	₹9.4 L/yr - ₹12 L/yr 130% more
Bajaj Allianz Life Insurance Medical Underwriter Salary 0 - 6 years exp. (5 salaries)	₹3 L/yr - ₹5.5 L/yr 8% more
Shriram Life Insurance Medical Underwriter Salary 2 - 4 years exp. (3 salaries)	₹4 L/yr - ₹6.5 L/yr 14% more
SBI Life Insurance Company Medical Underwriter Salary 1 - 12 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 3% less

Medical Underwriter salary at HDFC Ergo General Insurance ranges between ₹3 Lakhs to ₹6.1 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 14 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Medical Underwriter salaries

Last Updated: 30 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
1 year (3 salaries)	₹3 L/yr - ₹7 L/yr
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2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹7.3 L/yr
3 years (4 salaries)	₹4.1 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.4 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.1 L/yr

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Similar Designation salaries in HDFC Ergo General Insurance

Medical Coder Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Senior Associate Salary

(80 salaries)

₹2.3 L/yr - ₹5 L/yr

Team Lead Salary

(48 salaries)

₹2.5 L/yr - ₹5.43 L/yr

Data Analyst Salary

(14 salaries)

₹2.5 L/yr - ₹8.08 L/yr

Deputy Manager Salary

(920 salaries)

₹3 L/yr - ₹10.51 L/yr

Officer Salary

(13 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Quality Analyst Salary

(21 salaries)

₹1.9 L/yr - ₹4.55 L/yr

Document Controller Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Professor Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Pharmacist Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Top skills at HDFC Ergo General Insurance for Medical Underwriter

mpt bpt MDT Medical underwriting Underwriting

Salary related reviews for HDFC Ergo General Insurance

1.0

Rated by 1 employees for salary & benefits

Senior Executive in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Oct 2024

3.0

for Salary and Benefits

Likes

The work culture is really good at HDFC ERGO. They take care of their employees and understand the critical situations. There is no pressure on employees and hence they can easily enjoy their personal lives along with the work.

Dislikes

The perks and salary could be better. Also they need to upgrade some tech stack.

Executive in Mumbai

Full Time

Human Resources Department

3.0

• posted on 09 Aug 2024

2.0

for Salary and Benefits

Likes

Office timing, work life balance

Dislikes

...t this is at its worst. Promotions/ increments are given only to the reference. No salary or personal growth.

Development Manager in New Delhi

Full Time

Data Science & Analytics Department

5.0

• posted on 23 Feb 2024

5.0

for Salary and Benefits

Likes

Engaging and challenging work can be stimulating and rewarding. Employees at HDFC ERGO may appreciate the opportunity to work on diverse projects and solve complex problems in the insurance industry. Employee Benefits: Companies often offer competitive benefits packages, including health insurance, retirement plans, and other perks. HDFC ERGO may provide attractive benefits to its employees

Dislikes

Compensation and Benefits

Agency Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Oct 2023

3.0

for Salary and Benefits

Likes

The company thinks very highly of its customers

Dislikes

company is providing new employees with higher compensation packages than existing employees, without offering any increment to the latter. This can create dissatisfaction among the older employees.

Assistant Manager in Tinsukia

Full Time

Other Department

4.0

• posted on 15 Jul 2023

3.0

for Salary and Benefits

Likes

Dislikes

Salary structure need to be check ( destination wise salary is not upto the market level ) & also the annual bonus is to low special for the sale team. At least should get more incentive than operation.

see more salary related reviews

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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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HDFC Ergo General Insurance Medical Underwriter Salary FAQs

What is the salary of Medical Underwriter at HDFC Ergo General Insurance?

Medical Underwriter salary at HDFC Ergo General Insurance in India ranges between ₹3.0 Lakhs to ₹6.1 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 6% less than the average Medical Underwriter Salary in India. Salary estimates are based on 14 latest salaries received from various employees of HDFC Ergo General Insurance India.

How does the salary of a Medical Underwriter at HDFC Ergo General Insurance India compare with the average salary range for this job?

The average salary of a Medical Underwriter at HDFC Ergo General Insurance is 6% less than the average salary of a Medical Underwriter in India. To know exact salary insights, login to view.

What are the top skills required to work as a Medical Underwriter at HDFC Ergo General Insurance?

mpt, bpt, MDT, Medical underwriting and Underwriting are some of the popular skills required to work as a Medical Underwriter at HDFC Ergo General Insurance India.

Which similar companies are paying more than HDFC Ergo General Insurance to a Medical Underwriter in India?

Allstate Medical Underwriter Salary - ₹9.4 Lakhs to ₹12.0 Lakhs per year
Tata AIG Medical Underwriter Salary - ₹3.1 Lakhs to ₹13.7 Lakhs per year
PNB MetLife Medical Underwriter Salary - ₹4.3 Lakhs to ₹13.0 Lakhs per year
Tata AIA Life Insurance Medical Underwriter Salary - ₹4.3 Lakhs to ₹7.9 Lakhs per year
ICICI Prudential Life Insurance Medical Underwriter Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Medical Underwriter in companies similar to HDFC Ergo General Insurance in India?

Max Life Insurance Medical Underwriter Salary - ₹3.1 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindara Life Insurance Medical Underwriter Salary - ₹5.2 Lakhs to ₹8.0 Lakhs per year
HDFC Life Medical Underwriter Salary - ₹2.5 Lakhs to ₹7.8 Lakhs per year
Shriram Life Insurance Medical Underwriter Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
Bajaj Allianz Life Insurance Medical Underwriter Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Medical Underwriter at HDFC Ergo General Insurance in India?

The estimated take-home salary of a Medical Underwriter at HDFC Ergo General Insurance ranges between ₹32,523 per month to ₹33,799 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Medical Underwriter salary in India which ranges between ₹3.0 Lakhs to ₹6.1 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Medical Underwriter at HDFC Ergo General Insurance?

According to AmbitionBox, 50% of the HDFC Ergo General Insurance Medical Underwriters reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Medical Underwriter Salaries

HDFC Ergo General Insurance Medical Underwriter salary in India ranges between ₹3 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.