HDFC Ergo General Insurance Underwriter Salaries by 10+ Employees (Updated 2025)

0 - 7 years exp.

₹3 Lakhs - ₹7.2 Lakhs

Salary of majority employees

30% more than the average Underwriter Salary in Insurance Companies for 0 - 7 years of experience

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Last Updated: 14 Sep 2024

Companies similar to HDFC Ergo General Insurance for Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Underwriter Salary 0 - 3 years exp. (45 salaries)	₹3.7 L/yr - ₹10 L/yr 2% more
Bajaj Allianz General Insurance Underwriter Salary 2 - 10 years exp. (11 salaries)	₹1 L/yr - ₹5.7 L/yr 47% less	3 job openings
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Reliance General Insurance Underwriter Salary 0 - 3 years exp. (12 salaries)	₹3 L/yr - ₹8 L/yr 12% less
Tata AIG Underwriter Salary 0 - 5 years exp. (39 salaries)	₹5.2 L/yr - ₹17.1 L/yr 43% more
United India Insurance Company Underwriter Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3.3 L/yr 54% less
The New India Assurance Co. Underwriter Salary 0 - 6 years exp. (8 salaries)	₹1 L/yr - ₹5.1 L/yr 27% less
National Insurance Company Underwriter Salary 1 - 4 years exp. (8 salaries)	₹1.5 L/yr - ₹3 L/yr 68% less
The Oriental Insurance Co. Underwriter Salary 1 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹3.8 L/yr 72% less
SBI General Insurance Underwriter Salary 0 - 14 years exp. (9 salaries)	₹5 L/yr - ₹14 L/yr 56% more
Star Health & Allied Insurance Underwriter Salary 1 - 8 years exp. (61 salaries)	₹1.7 L/yr - ₹4.1 L/yr 62% less
ICICI Prudential Life Insurance Underwriter Salary 0 - 5 years exp. (25 salaries)	₹2.1 L/yr - ₹6 L/yr 38% less
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SBI Life Insurance Company Underwriter Salary 1 - 12 years exp. (25 salaries)	₹2.5 L/yr - ₹7.3 L/yr 33% less
HDFC Life Underwriter Salary 0 - 5 years exp. (15 salaries)	₹1.8 L/yr - ₹4.7 L/yr 43% less
Max Life Insurance Underwriter Salary 1 - 5 years exp. (11 salaries)	₹2.1 L/yr - ₹3.1 L/yr 65% less
Gallagher Underwriter Salary 3 - 13 years exp. (10 salaries)	₹9 L/yr - ₹21 L/yr 83% more
Bajaj Allianz Life Insurance Underwriter Salary 1 - 11 years exp. (10 salaries)	₹2.4 L/yr - ₹8 L/yr 41% less
Allstate Underwriter Salary 3 - 8 years exp. (7 salaries)	₹4 L/yr - ₹7 L/yr 28% less
Aditya Birla Sun Life Insurance Underwriter Salary 0 - 4 years exp. (6 salaries)	₹1.7 L/yr - ₹3.5 L/yr 56% less
Kotak Mahindara Life Insurance Underwriter Salary 0 - 2 years exp. (6 salaries)	₹4.5 L/yr - ₹6.5 L/yr 19% less
Shriram Life Insurance Underwriter Salary 1 - 5 years exp. (5 salaries)	₹1.6 L/yr - ₹3.9 L/yr 65% less

View all

Underwriter salary at HDFC Ergo General Insurance ranges between ₹3 Lakhs to ₹7.2 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 13 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Underwriter salaries

Last Updated: 14 Sep 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	₹3.1 L/yr - ₹13 L/yr
1 year (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
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2 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.3 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹12.5 L/yr
4 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.7 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
7 years (3 salaries)	₹6.1 L/yr - ₹11.8 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Senior Underwriter Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Analyst Salary

(4 salaries)

₹5.1 L/yr - ₹12 L/yr

Underwriting Manager Salary

(16 salaries)

₹5.05 L/yr - ₹18.54 L/yr

Team Lead Salary

(43 salaries)

₹2.5 L/yr - ₹5.43 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹9.8 L/yr - ₹12.5 L/yr

Senior Associate Salary

(81 salaries)

₹3 L/yr - ₹5.95 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Deputy Manager Salary

(942 salaries)

₹3 L/yr - ₹10 L/yr

Management Trainee Salary

(8 salaries)

₹6 L/yr - ₹14.75 L/yr

Process Associate Salary

(7 salaries)

₹2.6 L/yr - ₹5 L/yr

Top skills at HDFC Ergo General Insurance for Underwriter

Risk Assessment Analytical skills Negotiation Medical Underwriting Internal Audit Underwriting Operations Presentation Skills Python Auditing

Salary related reviews for HDFC Ergo General Insurance

4.8

Rated by 3 employees for salary & benefits

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 26 Nov 2024

3.0

for Salary and Benefits

Likes

Employee can manage his/her work life balance at this organization.

Job security - Excellent

+2 more

Dislikes

...the cost cutting which effects Employee's conveyance, variable, appraisals etc.. This means Ergo has to improve the adequate pay scale as per Employee's skills and performance.

Skill development - Poor

+1 more

Senior Manager Information Technology in Mumbai

Full Time

IT & Information Security Department

5.0

• posted on 25 Dec 2024

5.0

for Salary and Benefits

Likes

...appy to be part of HDFC Ergo where I can upskill myself along with he work life. Company encourage us to take time off for personal life Management is good Salary and work environment is also good Multiple events helps to avoid boring work life

Salary - Excellent

+6 more

Dislikes

Nothing so far... See if they can help to improve the appraisal thing 😜 Because whatever good we get as an employee but good increament will always have higher stake in that happiness and shows worthiness to the efforts

Operations Manager in Noida

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 Dec 2024

3.0

for Salary and Benefits

Likes

Salaries are on time

Dislikes

They need low package employees No scope of growth They don't know how to utilise the employees skills and what ever the skills you have learnt in past every thing will vanished due to non utilisation. If you have good reference you will get good post and salaries The new CEO is very poor in cost optimization Very soon this hdfc ergo will be in loss. There compititior will grow by taking some advantages. There policies are not employee and customer friendly

Skill development - Bad

+4 more

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.

Job security - Good

+2 more

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

Work-life balance - Good

Dislikes

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

Salary - Poor

+4 more

see more salary related reviews

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HDFC Ergo General Insurance Underwriter Salary FAQs

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

Underwriter salary at HDFC Ergo General Insurance in India ranges between ₹3.0 Lakhs to ₹7.2 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 30% more than the average Underwriter Salary in India. Salary estimates are based on 13 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Underwriter at HDFC Ergo General Insurance is 30% more 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 HDFC Ergo General Insurance?

Risk Assessment, Analytical skills, Negotiation, Medical Underwriting and Internal Audit are some of the popular skills required to work as a Underwriter at HDFC Ergo General Insurance India.

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

Swiss Re Underwriter Salary - ₹7.4 Lakhs to ₹26.0 Lakhs per year
Gallagher Underwriter Salary - ₹9.0 Lakhs to ₹21.0 Lakhs per year
SBI General Insurance Underwriter Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Tata AIG Underwriter Salary - ₹5.2 Lakhs to ₹17.1 Lakhs per year
Tata AIA Life Insurance Underwriter Salary - ₹6.0 Lakhs to ₹10.5 Lakhs per year

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

ICICI Lombard General Insurance Company Underwriter Salary - ₹3.7 Lakhs to ₹10.0 Lakhs per year
Reliance General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
AIG Underwriter Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindara Life Insurance Underwriter Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year
PNB MetLife Underwriter Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Underwriter at HDFC Ergo General Insurance ranges between ₹52,807 per month to ₹54,051 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Underwriter salary in India which ranges between ₹3.0 Lakhs to ₹7.2 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 Underwriter at HDFC Ergo General Insurance?

According to AmbitionBox, 100% of the HDFC Ergo General Insurance Underwriters reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Underwriter Salaries

HDFC Ergo General Insurance Underwriter salary in India ranges between ₹3 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.