HDFC Life Mumbai Medical Underwriter Salaries by 10+ Employees (Updated 2024)

1 - 9 years exp.

₹3 Lakhs - ₹7.8 Lakhs

Salary of majority employees

At par with 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 6 - 9 years exp. (4 salaries)	₹5.1 L/yr - ₹6 L/yr
BFSI, Investments & Trading Medical Underwriter Salary 5 - 7 years exp. (3 salaries)	₹5.9 L/yr - ₹7.8 L/yr
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Teaching & Training Medical Underwriter Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5.3 L/yr
Research & Development Medical Underwriter Salary 5 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹7 L/yr
Risk Management & Compliance Medical Underwriter Salary 8 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.4 L/yr

Last Updated: 18 Oct 2024

Companies similar to HDFC Life for Medical Underwriter in Mumbai

HDFC Life Medical Underwriter Salary

1 - 9 years exp. (12 salaries)

₹3 L/yr - ₹7.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Medical Underwriter Salary 1 - 7 years exp. (32 salaries)	₹3 L/yr - ₹9 L/yr 5% 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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Kotak Mahindara Life Insurance Medical Underwriter Salary 0 - 3 years exp. (6 salaries)	₹5.2 L/yr - ₹8 L/yr 7% more
Tata AIA Life Insurance Medical Underwriter Salary 2 - 4 years exp. (6 salaries)	₹4.3 L/yr - ₹8.2 L/yr 28% more
PNB MetLife Medical Underwriter Salary 1 - 14 years exp. (8 salaries)	₹3.6 L/yr - ₹13 L/yr 43% more

Medical Underwriter salary at HDFC Life ranges between ₹3 Lakhs to ₹7.8 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 12 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Medical Underwriter salaries in Mumbai

Last Updated: 18 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.7 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹9 L/yr
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3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.6 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹7.8 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.4 L/yr
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹11 L/yr

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Similar Designation salaries in HDFC Life

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(486 salaries)

₹1.1 L/yr - ₹4.7 L/yr

Deputy Manager Salary

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Team Lead Salary

(4 salaries)

₹4 L/yr - ₹7 L/yr

Data Analyst Salary

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₹4.2 L/yr - ₹7 L/yr

Top skills at HDFC Life for Medical Underwriter

Life Insurance Medical underwriting

Salary related reviews for HDFC Life

2.0

Rated by 1 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.

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.

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.

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

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.

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

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

2.0

for Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

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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 Life Medical Underwriter Salary FAQs

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

Medical Underwriter salary at HDFC Life in Mumbai ranges between ₹3.0 Lakhs to ₹7.8 Lakhs for experience between 1 years to 9 years. According to our estimates it is 4% less than the average Medical Underwriter Salary in India. Salary estimates are based on 12 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Medical Underwriter at HDFC Life is 4% less than the average salary of a Medical Underwriter in Mumbai. To know exact salary insights, login to view.

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

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

Which similar companies are paying more than HDFC Life to a Medical Underwriter in Mumbai?

PNB MetLife Medical Underwriter Salary - ₹3.6 Lakhs to ₹13.0 Lakhs per year
Tata AIA Life Insurance Medical Underwriter Salary - ₹4.3 Lakhs to ₹8.2 Lakhs per year
Kotak Mahindara Life Insurance Medical Underwriter Salary - ₹5.2 Lakhs to ₹8.0 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 Life in Mumbai?

SBI Life Insurance Company Medical Underwriter Salary - ₹3.5 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Medical Underwriter at HDFC Life ranges between ₹41,388 per month to ₹42,533 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Medical Underwriter salary in India which ranges between ₹3.0 Lakhs to ₹7.8 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the HDFC Life Medical Underwriters in Mumbai reported a notice period of 1 Month, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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HDFC Life Medical Underwriter Salaries in Mumbai

HDFC Life Medical Underwriter salary in Mumbai ranges between ₹3 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 HDFC Life latest salaries received from various employees of HDFC Life.