HDFC Life Medical Underwriter Salaries by 10+ Employees (Updated 2025)

1 - 9 years exp.

₹2.5 Lakhs - ₹7.8 Lakhs

Salary of majority employees

7% more than the average Medical Underwriter Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

Healthcare & Life Sciences Medical Underwriter Salary 1 - 9 years exp. (7 salaries)	₹2.5 L/yr - ₹6 L/yr
Risk Management & Compliance Medical Underwriter Salary 1 - 8 years exp. (3 salaries)	₹4.7 L/yr - ₹6.4 L/yr
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BFSI, Investments & Trading Medical Underwriter Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹7.8 L/yr
Research & Development Medical Underwriter Salary 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹7 L/yr
Teaching & Training Medical Underwriter Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.9 L/yr

Last Updated: 26 Jan 2025

Companies similar to HDFC Life for Medical Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Medical Underwriter Salary 1 - 3 years exp. (44 salaries)	₹3 L/yr - ₹9 L/yr 10% more
SBI Life Insurance Company Medical Underwriter Salary 1 - 12 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 17% less
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Axis Max Life Insurance Medical Underwriter Salary 3 - 12 years exp. (13 salaries)	₹3.2 L/yr - ₹12.8 L/yr 41% more
Kotak Mahindara Life Insurance Medical Underwriter Salary 0 - 2 years exp. (6 salaries)	₹5.2 L/yr - ₹8 L/yr 17% more
Bajaj Allianz Life Insurance Medical Underwriter Salary 1 - 7 years exp. (8 salaries)	₹3 L/yr - ₹8.5 L/yr 13% more
Tata AIA Life Insurance Medical Underwriter Salary 2 - 4 years exp. (8 salaries)	₹4.3 L/yr - ₹8.2 L/yr 38% more
Aditya Birla Sun Life Insurance Medical Underwriter Salary 1 - 4 years exp. (3 salaries)	₹3.5 L/yr - ₹5.8 L/yr 9% less
PNB MetLife Medical Underwriter Salary 1 - 14 years exp. (10 salaries)	₹4.3 L/yr - ₹13 L/yr 55% more
HDFC Ergo General Insurance Medical Underwriter Salary 0 - 7 years exp. (13 salaries)	₹3 L/yr - ₹6.1 L/yr 13% less
Star Health & Allied Insurance Medical Underwriter Salary 1 - 5 years exp. (6 salaries)	₹3 L/yr - ₹6.5 L/yr 23% less
Shriram Life Insurance Medical Underwriter Salary 2 - 4 years exp. (3 salaries)	₹4 L/yr - ₹6.5 L/yr 2% less
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Medical Underwriter salary at HDFC Life ranges between ₹2.5 Lakhs to ₹7.8 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 19 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Medical Underwriter salaries

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹4.3 L/yr - ₹5 L/yr
2 years (5 salaries)	₹2.5 L/yr - ₹5.1 L/yr
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3 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.9 L/yr
5 years (3 salaries)	₹5 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹7.8 L/yr
7 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.4 L/yr
9 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr

View all

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Top skills at HDFC Life for Medical Underwriter

Life Insurance Medical underwriting

Salary related reviews for HDFC Life

2.0

Rated by 2 employees for salary & benefits

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

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

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

Job security - Good

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

Salary - Bad

+5 more

Senior Associate in Ghaziabad

Branch Operations Department

3.0

• posted on 02 Aug 2022

1.0

for Salary and Benefits

Likes

...omplete your assigned task. And it is achievable if proper direction provided. Salary will be on time always no delay.

Job security - Excellent

+1 more

Dislikes

...ay of the month you will have to do work from home and do the revival calling. In branch operations 80% is sales and 20% is operations work but salary will be according to operations.

Salary - Bad

+1 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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HDFC Life Medical Underwriter Salary FAQs

What is the salary of Medical Underwriter at HDFC Life ?

The average salary of a Medical Underwriter at HDFC Life in India typically ranges from ₹2.5 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Medical Underwriter at HDFC Life earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Medical Underwriter Salaries at HDFC Life 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 Life employees in India.

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

The estimated take-home salary of a Medical Underwriter at HDFC Life in India typically ranges from ₹38,330 to ₹39,520 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 1 year to 9 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 Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Medical Underwriter at HDFC Life ?

To be a Medical Underwriter at HDFC Life in india, the key skills required include:

- Life Insurance
- Medical underwriting

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

Which companies offer higher salaries than HDFC Life for Medical Underwriter in India?

PNB MetLife	₹4.3 Lakhs to ₹13.0 Lakhs per year
Axis Max Life Insurance	₹3.2 Lakhs to ₹12.8 Lakhs per year
Tata AIA Life Insurance	₹4.3 Lakhs to ₹8.2 Lakhs per year
Kotak Mahindara Life Insurance	₹5.2 Lakhs to ₹8.0 Lakhs per year
Bajaj Allianz Life Insurance	₹3.0 Lakhs to ₹8.5 Lakhs per year

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

What is the salary of a Medical Underwriter in companies similar to HDFC Life in India?

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

ICICI Prudential Life Insurance	₹3.0 Lakhs to ₹9.0 Lakhs per year
Shriram Life Insurance	₹4.0 Lakhs to ₹6.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹3.5 Lakhs to ₹5.8 Lakhs per year
HDFC Ergo General Insurance	₹3.0 Lakhs to ₹6.1 Lakhs per year
SBI Life Insurance Company	₹3.5 Lakhs to ₹5.0 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 Medical Underwriter at HDFC Life in India?

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

Experience	Average Salary Range
1 year	₹4.3 Lakhs to ₹5.0 Lakhs per year
2 years	₹2.5 Lakhs to ₹5.1 Lakhs per year
3 years	₹4.0 Lakhs to ₹8.5 Lakhs per year
4 years	₹3.0 Lakhs to ₹8.9 Lakhs per year

and so on.

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HDFC Life Medical Underwriter Salaries

HDFC Life Medical Underwriter salary in India ranges between ₹2.5 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 HDFC Life latest salaries received from various employees of HDFC Life.