Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by HDFC Ergo General Insurance Team. If you also belong to the team, you can get access from here

HDFC Ergo General Insurance Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

HDFC Ergo General Insurance Underwriter salaries in India

Annual salary range
0 - 7 years exp.
₹3 Lakhs - ₹7.2 Lakhs
Salary of majority employees
unlock blur
unlock blur

29% more than the average Underwriter Salary in Insurance Companies for 0 - 7 years of experience

Interested in this particular role?

Last Updated: 14 Sep 2024

Companies similar to HDFC Ergo General Insurance for Underwriter

Company name Avg Annual Salary Open Jobs
unlock blur

₹1.4 L/yr - ₹4.1 L/yr

arrow icon 62% less
unlock blur

₹5 L/yr - ₹10 L/yr

arrow icon 6% more
unlock blur

₹2.1 L/yr - ₹6 L/yr

arrow icon 38% less
Logo
SBI Life Insurance Company Underwriter Salary

1 - 12 years exp. (24 salaries)

unlock blur

₹2.5 L/yr - ₹7.3 L/yr

arrow icon 33% less
Logo
HDFC Life Underwriter Salary

0 - 5 years exp. (17 salaries)

unlock blur

₹1.8 L/yr - ₹4.7 L/yr

arrow icon 46% less
Logo
Axis Max Life Insurance Underwriter Salary

1 - 5 years exp. (11 salaries)

unlock blur

₹2.1 L/yr - ₹3.1 L/yr

arrow icon 65% less
Logo
Gallagher Underwriter Salary

3 - 13 years exp. (10 salaries)

unlock blur

₹9 L/yr - ₹21 L/yr

arrow icon 83% more
Logo
Bajaj Allianz Life Insurance Underwriter Salary

1 - 11 years exp. (10 salaries)

unlock blur

₹2.4 L/yr - ₹8 L/yr

arrow icon 41% less
unlock blur

₹1 L/yr - ₹5.1 L/yr

arrow icon 28% less
unlock blur

₹1.7 L/yr - ₹3.5 L/yr

arrow icon 56% less
unlock blur

₹5.1 L/yr - ₹9.1 L/yr

arrow icon 3% more
Logo
Shriram Life Insurance Underwriter Salary

1 - 5 years exp. (5 salaries)

unlock blur

₹1.6 L/yr - ₹3.9 L/yr

arrow icon 65% less
unlock blur

₹2 L/yr - ₹3.3 L/yr

arrow icon 54% less
Logo
Swiss Re Underwriter Salary

1 - 8 years exp. (4 salaries)

unlock blur

₹7.4 L/yr - ₹26 L/yr

arrow icon 156% more
1 job opening
Logo
unlock blur

₹1.2 L/yr - ₹3.8 L/yr

arrow icon 72% less
Logo
AIG Underwriter Salary

0 - 6 years exp. (4 salaries)

unlock blur

₹5 L/yr - ₹8 L/yr

arrow icon 13% less
Logo
Tata AIA Life Insurance Underwriter Salary

0 - 15 years exp. (3 salaries)

unlock blur

₹6 L/yr - ₹10.5 L/yr

arrow icon 28% more
2 job openings
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.

Latest annual salaries shared by HDFC Ergo General Insurance Underwriter

10mo ago
avg blur mobile
7 years exp.
10mo ago
avg blur mobile
7 years exp.
10mo ago
avg blur mobile
7 years exp.
1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
2 years exp.
1y ago
avg blur mobile
5 years exp.

Experience wise HDFC Ergo General Insurance Underwriter salaries

Last Updated: 14 Sep 2024

Experience Avg Annual Salary
Fresher  (6 salaries)

unlock blur

₹3.1 L/yr - ₹13 L/yr
1 year (AmbitionBox Estimate)

unlock blur

₹6.4 L/yr - ₹8.2 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹3 L/yr - ₹9.3 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹3 L/yr - ₹12.5 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹6.2 L/yr - ₹7.9 L/yr
View all

Similar Designation salaries in HDFC Ergo General Insurance

Senior Underwriter Salary
(AmbitionBox Estimate)
unlock blur
₹11.3 L/yr - ₹14.4 L/yr
Analyst Salary
(4 salaries)
unlock blur
₹5.1 L/yr - ₹12 L/yr
unlock blur
₹5.05 L/yr - ₹18.54 L/yr
Team Lead Salary
(43 salaries)
unlock blur
₹2.5 L/yr - ₹5.43 L/yr
Chief Manager Salary
(7 salaries)
unlock blur
₹5 L/yr - ₹18.13 L/yr
unlock blur
₹3 L/yr - ₹5.95 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
unlock blur
₹5.9 L/yr - ₹7.5 L/yr
Deputy Manager Salary
(1k salaries)
unlock blur
₹3.2 L/yr - ₹10.25 L/yr
unlock blur
₹6 L/yr - ₹14.75 L/yr
unlock blur
₹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

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.

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 10 Mar 2025

2.0
 for  Salary and Benefits

Likes

Nothing even HOD sitting at Mumbai not eager to pay travelling allowance. Great joke you need to provide upi payment detail for bus fare if you have travelled by private bus.

read more

Dislikes

Seniors don't have humanity, you need to attend concall even though you are in icu.

  • Salary - Poor
  • +6 more

Full Time

 · 

Healthcare & Life Sciences Department

1.0
  •  posted on 31 Jan 2025

2.0
 for  Salary and Benefits

Likes

Salary on time only benifits.

Dislikes

- Creat problem when you switch, create relieving issues . - CTC not as per discussion. - 3 month Notice period ,if not done no compensation AND RECOVERY. THANK TWICE BEFORE JOINING. - 5 days on paper but 6 days off record work. BOTHERATION BY MANAGER FOR TARGET TO REJECT CLAIMS.

read more
  • Salary - Poor
  • +5 more

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

read more
  • 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

read more

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

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

HDFC Ergo General Insurance Underwriter Salary FAQs

What is the salary of Underwriter at HDFC Ergo General Insurance ?
The average salary of a Underwriter at HDFC Ergo General Insurance in India typically ranges from ₹3.0 Lakhs to ₹7.2 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Underwriter at HDFC Ergo General Insurance earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹15.5 Lakhs per year. Underwriter Salaries at HDFC Ergo General 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 10+ HDFC Ergo General Insurance employees in India.
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 in India typically ranges from ₹52,807 to ₹54,051 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from Fresher to 7 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 10+ salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Underwriter at HDFC Ergo General Insurance ?
To be a Underwriter at HDFC Ergo General Insurance in india, the key skills required include:

  • - Risk Assessment
  • - Analytical skills
  • - Negotiation
  • - Medical Underwriting
  • - Internal Audit

These skills are highly valued at HDFC Ergo General Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Ergo General Insurance for Underwriter in India?
Swiss Re ₹7.4 Lakhs to ₹26.0 Lakhs per year
Gallagher ₹9.0 Lakhs to ₹21.0 Lakhs per year
Tata AIA Life Insurance ₹6.0 Lakhs to ₹10.5 Lakhs per year
ICICI Lombard General Insurance Company ₹5.0 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindara Life Insurance ₹5.1 Lakhs to ₹9.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Ergo General Insurance, depending on the role and experience level.
What is the salary of a Underwriter in companies similar to HDFC Ergo General Insurance in India?
The salary of a Underwriter at companies similar to HDFC Ergo General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AIG ₹5.0 Lakhs to ₹8.0 Lakhs per year
The New India Assurance Co. ₹1.0 Lakhs to ₹5.1 Lakhs per year
SBI Life Insurance Company ₹2.5 Lakhs to ₹7.3 Lakhs per year
ICICI Prudential Life Insurance ₹2.1 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance ₹2.4 Lakhs to ₹8.0 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 HDFC Ergo General Insurance in India?
The salary growth for a Underwriter at HDFC Ergo General Insurance depends on factors such as experience, performance, and promotions. On average, a Underwriter can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
Fresher ₹3.1 Lakhs to ₹13.0 Lakhs per year
1 year ₹6.4 Lakhs to ₹8.2 Lakhs per year
2 years ₹3.0 Lakhs to ₹9.3 Lakhs per year
3 years ₹3.0 Lakhs to ₹12.5 Lakhs per year
and so on.

Tell us how to improve this page.

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