HDFC Life Senior Underwriter Salaries by 4 Employees

3 - 6 years exp.

₹3.4 Lakhs - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

52% less than the average Senior Underwriter Salary in Insurance Companies for 3 - 6 years of experience

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Last Updated: 8 Jun 2024

Companies similar to HDFC Life for Senior Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Underwriter Salary 0 - 2 years exp. (5 salaries)	₹3 L/yr - ₹4.7 L/yr 15% more
SBI Life Insurance Company Senior Underwriter Salary 5 - 15 years exp. (4 salaries)	₹3 L/yr - ₹8.5 L/yr 36% more
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Max Life Insurance Senior Underwriter Salary 3 - 5 years exp. (4 salaries)	₹2.9 L/yr - ₹5.5 L/yr 6% more
Gallagher Senior Underwriter Salary 4 - 7 years exp. (4 salaries)	₹4.4 L/yr - ₹8.3 L/yr 85% more
Star Health & Allied Insurance Senior Underwriter Salary 1 - 9 years exp. (3 salaries)	₹2.8 L/yr - ₹3.6 L/yr 12% less

Senior Underwriter salary at HDFC Life ranges between ₹3.4 Lakhs to ₹4.1 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Underwriter salaries

Last Updated: 8 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

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Salary related reviews for HDFC Life

5.0

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

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

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

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HDFC Life Senior Underwriter Salary FAQs

What is the salary of Senior Underwriter at HDFC Life?

Senior Underwriter salary at HDFC Life in India ranges between ₹3.4 Lakhs to ₹4.1 Lakhs for experience between 3 years to 6 years. According to our estimates it is 52% less than the average Senior 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 Underwriter at HDFC Life India compare with the average salary range for this job?

The average salary of a Senior Underwriter at HDFC Life is 52% less than the average salary of a Senior Underwriter in India. To know exact salary insights, login to view.

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

Gallagher Senior Underwriter Salary - ₹4.4 Lakhs to ₹8.3 Lakhs per year
SBI Life Insurance Company Senior Underwriter Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year
ICICI Prudential Life Insurance Senior Underwriter Salary - ₹3.0 Lakhs to ₹4.7 Lakhs per year
Max Life Insurance Senior Underwriter Salary - ₹2.9 Lakhs to ₹5.5 Lakhs per year

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

Star Health & Allied Insurance Senior Underwriter Salary - ₹2.8 Lakhs to ₹3.6 Lakhs per year

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

The estimated take-home salary of a Senior Underwriter at HDFC Life ranges between ₹26,117 per month to ₹27,539 per month in India. The take-home salary calculation is based on the average HDFC Life Senior Underwriter salary in India which ranges between ₹3.4 Lakhs to ₹4.1 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

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

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

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HDFC Life Senior Underwriter Salaries

HDFC Life Senior Underwriter salary in India ranges between ₹3.4 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.