HDFC Life Senior Associate Underwriter Salaries by 4 Employees (Updated 2024)

0 - 5 years exp.

₹3 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Senior Associate Underwriter Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Associate Underwriter Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Customer Success, Service & Operations Senior Associate Underwriter Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 5 Jan 2024

Companies similar to HDFC Life for Senior Associate Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Associate Underwriter Salary 1 - 4 years exp. (5 salaries)	₹3.5 L/yr - ₹5.3 L/yr 31% more
SBI Life Insurance Company Senior Associate Underwriter Salary 4 - 8 years exp. (5 salaries)	₹4.7 L/yr - ₹6.1 L/yr 68% more
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First Source Senior Associate Underwriter Salary 4 - 9 years exp. (7 salaries)	₹5 L/yr - ₹9.5 L/yr 104% more
EXL Service Senior Associate Underwriter Salary 2 - 6 years exp. (5 salaries)	₹3.3 L/yr - ₹5 L/yr 30% more
WNS Senior Associate Underwriter Salary 2 - 4 years exp. (4 salaries)	₹4.5 L/yr - ₹6 L/yr 78% more

Senior Associate Underwriter salary at HDFC Life ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Associate Underwriter salaries

Last Updated: 5 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

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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.

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.

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".

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.

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

see more salary related reviews

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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 Senior Associate Underwriter Salary FAQs

What is the salary of Senior Associate Underwriter at HDFC Life?

Senior Associate Underwriter salary at HDFC Life in India ranges between ₹3.0 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 40% less than the average Senior Associate Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life India.

How does the salary of a Senior Associate Underwriter at HDFC Life India compare with the average salary range for this job?

The average salary of a Senior Associate Underwriter at HDFC Life is 40% less than the average salary of a Senior Associate Underwriter in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Senior Associate Underwriter in India?

First Source Senior Associate Underwriter Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
WNS Senior Associate Underwriter Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
SBI Life Insurance Company Senior Associate Underwriter Salary - ₹4.7 Lakhs to ₹6.1 Lakhs per year
ICICI Prudential Life Insurance Senior Associate Underwriter Salary - ₹3.5 Lakhs to ₹5.3 Lakhs per year
EXL Service Senior Associate Underwriter Salary - ₹3.3 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Senior Associate Underwriter at HDFC Life ranges between ₹22,562 per month to ₹24,038 per month in India. The take-home salary calculation is based on the average HDFC Life Senior Associate Underwriter salary in India which ranges between ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Senior Associate Underwriter at HDFC Life?

According to AmbitionBox, 100% of the HDFC Life Senior Associate Underwriters reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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HDFC Life Senior Associate Underwriter Salaries

HDFC Life Senior Associate Underwriter salary in India ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.