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HDFC Life

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3.9

based on 9.3k Reviews

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HDFC Life Senior Underwriting Manager salaries in India (Updated 2025)

Annual salary range
11 - 20 years exp.
₹10 Lakhs - ₹21 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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9% more than the average Senior Underwriting Manager Salary in Insurance Companies for 11 - 20 years of experience

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Last Updated: 15 Jan 2025

Companies similar to HDFC Life for Senior Underwriting Manager

Company name Avg Annual Salary Open Jobs
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ICICI Lombard General Insurance Company Senior Underwriting Manager Salary

1 - 5 years exp. (6 salaries)
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₹6 L/yr - ₹11.1 L/yr

arrow icon 48% less
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Gallagher Senior Underwriting Manager Salary

10 - 12 years exp. (5 salaries)
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₹18 L/yr - ₹22 L/yr

arrow icon 14% more
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ICICI Prudential Life Insurance Senior Underwriting Manager Salary

17 - 21 years exp. (4 salaries)
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₹14.7 L/yr - ₹19.1 L/yr

arrow icon 6% more
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SBI General Insurance Senior Underwriting Manager Salary

8 - 17 years exp. (4 salaries)
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₹13.5 L/yr - ₹18 L/yr

arrow icon 5% less
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Kotak Mahindara Life Insurance Senior Underwriting Manager Salary

3 - 16 years exp. (4 salaries)
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₹8 L/yr - ₹8.4 L/yr

arrow icon 49% less
Senior Underwriting Manager salary at HDFC Life ranges between ₹10 Lakhs to ₹21 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Senior Underwriting Manager

5d ago
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20 years exp.
1y ago
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20 years exp.
1y ago
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11 years exp.

Experience wise HDFC Life Senior Underwriting Manager salaries

Last Updated: 15 Jan 2025

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹18.9 L/yr - ₹24.2 L/yr
15+ years (AmbitionBox Estimate)

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₹12.2 L/yr - ₹15.5 L/yr

Similar Designation salaries in HDFC Life

Underwriting Manager Salary
(5 salaries)
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₹9.7 L/yr - ₹18.5 L/yr
Senior Underwriter Salary
(4 salaries)
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₹3.4 L/yr - ₹4.1 L/yr
Underwriting Analyst Salary
(3 salaries)
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₹1.9 L/yr - ₹3.5 L/yr
Area Credit Manager Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
Credit Manager Salary
(4 salaries)
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₹4.2 L/yr - ₹9.5 L/yr
Underwriter Salary
(17 salaries)
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₹1.8 L/yr - ₹4.67 L/yr
Senior Associate Salary
(771 salaries)
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₹1.1 L/yr - ₹4.6 L/yr
Deputy Manager Salary
(704 salaries)
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₹3.5 L/yr - ₹12.15 L/yr
Chief Manager Salary
(203 salaries)
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₹14 L/yr - ₹31 L/yr
Senior Analyst Salary
(6 salaries)
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₹3.5 L/yr - ₹4.6 L/yr

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.

read more
  • 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.

read more
  • 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.

read more
  • 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

read more
  • 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

read more
  • 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.

read more
  • 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.

read more
  • Salary - Bad
    • +1 more
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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible
Nagarro offer: Kindly Help me to decide
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HDFC Life Senior Underwriting Manager Salary FAQs

How the salary growth look like for a Senior Underwriting Manager at HDFC Life in India?
The salary growth for a Senior Underwriting Manager at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Senior Underwriting Manager can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
11 years ₹18.9 Lakhs to ₹24.2 Lakhs per year
15 years ₹12.2 Lakhs to ₹15.5 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life Senior Underwriting Manager salary in India ranges between ₹10 Lakhs to ₹21 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.