HDFC Life Mumbai Financial Underwriter Salaries by 4 Employees (Updated 2025)

0 - 2 years exp.

₹3 Lakhs - ₹4.3 Lakhs

Salary of majority employees

At par with the average Financial Underwriter Salary in Insurance Companies for 0 - 2 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Financial Underwriter Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.7 L/yr
Login to view exact salary
BFSI, Investments & Trading Financial Underwriter Salary Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 15 Jan 2025

Financial Underwriter salary at HDFC Life ranges between ₹3 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Financial Underwriter salaries in Mumbai

Last Updated: 15 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr

Similar Designation salaries in HDFC Life

Senior Associate Salary

(488 salaries)

₹1 L/yr - ₹4.6 L/yr

Sales Executive Salary

(27 salaries)

₹1.1 L/yr - ₹4.98 L/yr

MIS Executive Salary

(9 salaries)

₹1.3 L/yr - ₹2.88 L/yr

Operations Manager Salary

(9 salaries)

₹1.45 L/yr - ₹10 L/yr

Operations Executive Salary

(5 salaries)

₹2 L/yr - ₹4 L/yr

Data Entry Operator Salary

(3 salaries)

₹1.15 L/yr - ₹1.8 L/yr

Top skills at HDFC Life for Financial Underwriter

bfsi Life Insurance

Salary related reviews for HDFC Life

Senior Associate in Machilipatnam

Full Time

Other Department

4.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

Skill development - Excellent

+2 more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

Promotions - Poor

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

Salary - Bad

+6 more

Operations Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Nov 2023

1.0

for Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

Job security - Excellent

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

Salary - Bad

+4 more

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

Salary - Poor

+4 more

Senior Associate in Patna

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Low salary structure Unwanted work pressure Dirty politics Zero growth if you're not a politician in the company Non recognition of your good work No incentives even after having huge targets Manual rating system of employees, you will be judged by your amount of buttering not by your performance. Overall very bad work culture

Salary - Bad

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about HDFC Life?

Ask anonymously on communities.

HDFC Life Financial Underwriter Salary FAQs

What is the salary of Financial Underwriter at HDFC Life Mumbai?

Financial Underwriter salary at HDFC Life in Mumbai ranges between ₹3.0 Lakhs to ₹4.3 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 1% more than the average Financial Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life Mumbai.

How does the salary of a Financial Underwriter at HDFC Life Mumbai compare with the average salary range for this job?

The average salary of a Financial Underwriter at HDFC Life is 1% more than the average salary of a Financial Underwriter in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Financial Underwriter at HDFC Life?

bfsi and Life Insurance are some of the popular skills required to work as a Financial Underwriter at HDFC Life Mumbai.

What is the estimated take home salary of a Financial Underwriter at HDFC Life in Mumbai?

The estimated take-home salary of a Financial Underwriter at HDFC Life ranges between ₹27,683 per month to ₹29,082 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Financial Underwriter salary in India which ranges between ₹3.0 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Financial Underwriter at HDFC Life in Mumbai?

According to AmbitionBox, 67% of the HDFC Life Financial Underwriters in Mumbai reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
HDFC Life Salaries >
HDFC Life Financial Underwriter Salaries >
HDFC Life Financial Underwriter Salaries in Mumbai

HDFC Life Financial Underwriter salary in Mumbai ranges between ₹3 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.