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

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 - 6 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.8 L/yr
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Teaching & Training Medical Underwriter Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5.2 L/yr
Research & Development Medical Underwriter Salary 5 years exp. (AmbitionBox Estimate)	₹5.1 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. (11 salaries)

₹3 L/yr - ₹7.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Medical Underwriter Salary 1 - 4 years exp. (23 salaries)	₹3 L/yr - ₹9 L/yr 5% less
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 11% more
Tata AIA Life Insurance Medical Underwriter Salary 2 - 4 years exp. (6 salaries)	₹4.3 L/yr - ₹8.3 L/yr 31% more
PNB MetLife Medical Underwriter Salary 1 - 14 years exp. (8 salaries)	₹3.6 L/yr - ₹13 L/yr 44% 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 11 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 - ₹8.6 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.9 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 - ₹9.5 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹2.2 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

View all

Similar Designation salaries in HDFC Life

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Deputy Manager Salary

(475 salaries)

₹3.5 L/yr - ₹14.4 L/yr

Team Lead Salary

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₹3.29 L/yr - ₹7 L/yr

Data Analyst Salary

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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 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.

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

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.

Salary - Poor

+3 more

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Salary Discussions, Hike & Promotions

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

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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. Salary estimates are based on 11 latest salaries received from various employees of HDFC Life Mumbai.

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 ₹8.3 Lakhs per year
Kotak Mahindara Life Insurance Medical Underwriter Salary - ₹5.2 Lakhs to ₹8.0 Lakhs per year

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

ICICI Prudential Life Insurance Medical Underwriter Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
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 ₹41,155 per month to ₹42,303 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 11 HDFC Life latest salaries received from various employees of HDFC Life.