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Annual salary range
0 - 5 years exp.
₹1.8
Lakh - ₹4.7
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary28% less than the average Underwriter Salary in Insurance Companies for 0 - 5 years of experience
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Salaries in different departments
Customer Success, Service & Operations
Underwriter Salary
1 - 3
years
exp.
(5
salaries)
|  ₹2 L/yr - ₹4.1 L/yr |
BFSI, Investments & Trading
Underwriter Salary
1 - 5
years
exp.
(4
salaries)
| ₹1.8 L/yr - ₹4.4 L/yr |
Login to view exact salary
| |
Healthcare & Life Sciences
Underwriter Salary
0 - 2
years
exp.
(3
salaries)
| ₹2.8 L/yr - ₹4.7 L/yr |
Companies similar to HDFC Life for Underwriter
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Underwriter Salary
0 - 7 years exp. (33 salaries) | ₹2.1 L/yr - ₹6.5 L/yr 
14%
more | |
 SBI Life Insurance Company Underwriter Salary
0 - 10 years exp. (24 salaries) | ₹2 L/yr - ₹6.7 L/yr
3%
more | |
Login to view exact salary
| ||
 Max Life Insurance Underwriter Salary
1 - 5 years exp. (11 salaries) | ₹2.1 L/yr - ₹3.1 L/yr 
38%
less | |
 Kotak Mahindara Life Insurance Underwriter Salary
0 - 2 years exp. (6 salaries) | ₹4.5 L/yr - ₹6.5 L/yr
46%
more | |
 Bajaj Allianz Life Insurance Underwriter Salary
1 - 6 years exp. (8 salaries) | ₹2.4 L/yr - ₹6.5 L/yr
9%
less | |
 Tata AIA Life Insurance Underwriter Salary
0 - 15 years exp. (3 salaries) | ₹6 L/yr - ₹10.5 L/yr
130%
more | 2 job openings |
 Aditya Birla Sun Life Insurance Underwriter Salary
0 - 4 years exp. (6 salaries) | ₹1.7 L/yr - ₹3.5 L/yr
20%
less | |
 PNB MetLife Underwriter Salary
2 - 8 years exp. (4 salaries) | ₹2 L/yr - ₹7 L/yr
35%
more | |
 Star Health & Allied Insurance Underwriter Salary
0 - 8 years exp. (64 salaries) | ₹1.4 L/yr - ₹4.1 L/yr
30%
less | |
 ICICI Lombard General Insurance Company Underwriter Salary
0 - 3 years exp. (43 salaries) | ₹3.7 L/yr - ₹9.5 L/yr
83%
more | |
 HDFC Ergo General Insurance Underwriter Salary
0 - 7 years exp. (13 salaries) | ₹3 L/yr - ₹7.2 L/yr
80%
more | |
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| ||
 Care Health Insurance Underwriter Salary
0 - 7 years exp. (12 salaries) | ₹2.4 L/yr - ₹6.2 L/yr
7%
more | |
 Gallagher Underwriter Salary
2 - 13 years exp. (11 salaries) | ₹5.2 L/yr - ₹20.7 L/yr
204%
more | |
 The New India Assurance Co. Underwriter Salary
0 - 6 years exp. (8 salaries) | ₹1 L/yr - ₹6 L/yr
46%
more | |
 United India Insurance Company Underwriter Salary
1 - 6 years exp. (7 salaries) | ₹1.6 L/yr - ₹3.5 L/yr
36%
less | |
 Shriram Life Insurance Underwriter Salary
1 - 6 years exp. (5 salaries) | ₹1.6 L/yr - ₹3.9 L/yr
37%
less | |
 Swiss Re Underwriter Salary
1 - 6 years exp. (4 salaries) | ₹7.5 L/yr - ₹26 L/yr
360%
more | |
 The Oriental Insurance Co. Underwriter Salary
1 - 7 years exp. (4 salaries) | ₹1.2 L/yr - ₹3.8 L/yr
49%
less | |
 AIG Underwriter Salary
0 - 6 years exp. (4 salaries) | ₹5 L/yr - ₹8 L/yr
56%
more | |
Underwriter salary at HDFC Life ranges between ₹1.8
Lakh
to ₹4.7
Lakhs
per year for employees with less than 1 year of experience to 5 years. Salary
estimates are based on
15 latest salaries received
from various employees of HDFC Life.
Latest annual salaries shared by HDFC Life Underwriter
2mo ago
2
years
exp.
5mo ago
3
years
exp.
6mo ago
1
year
exp.
11mo ago
3
years
exp.
11mo ago
1
year
exp.
11mo ago
1
year
exp.
11mo ago
2
years
exp.
11mo ago
2
years
exp.
11mo ago
5
years
exp.
1y ago
3
years
exp.
Experience wise HDFC Life Underwriter salaries
Last Updated: 30 Oct 2024
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹2.1
L/yr
- ₹5.6
L/yr
|
| 1 year (4 salaries) |
₹1.8
L/yr
- ₹4.7
L/yr
|
Login to view exact salary
| |
| 2 years (5 salaries) |
₹2
L/yr
- ₹4.7
L/yr
|
| 3 years (3 salaries) |
₹2.7
L/yr
- ₹6.9
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹3.7
L/yr
- ₹4.7
L/yr
|
View all
Similar Designation salaries in HDFC Life
Top skills at HDFC Life for Underwriter
Medical underwriting
Underwriting
Team Handling
Life Insurance
Chartered Accountant
General Insurance
Analytical skills
Stakeholder Management
Reinsurance
Actuarial
Salary related reviews for HDFC Life
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Top trending discussions
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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HDFC Life Underwriter Salary FAQs
What is the salary of Underwriter at HDFC Life?
Underwriter salary at HDFC Life in India ranges between ₹1.8 Lakhs to ₹4.7 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 28% less than the average Underwriter Salary in India. Salary estimates are based on 15 latest salaries received from various employees of HDFC Life India.
How does the salary of a Underwriter at HDFC Life India compare with the average salary range for this job?
The average salary of a Underwriter at HDFC Life is 28% less than the average salary of a Underwriter in India. To know exact salary insights, login to view.
What are the top skills required to work as a Underwriter at HDFC Life?
Medical underwriting, Underwriting, Team Handling, Life Insurance and Chartered Accountant are some of the popular skills required to work as a Underwriter at HDFC Life India.
Which similar companies are paying more than HDFC Life to a Underwriter in India?
- Swiss Re Underwriter Salary - ₹7.5 Lakhs to ₹26.0 Lakhs per year
- Gallagher Underwriter Salary - ₹5.2 Lakhs to ₹20.7 Lakhs per year
- Tata AIA Life Insurance Underwriter Salary - ₹6.0 Lakhs to ₹10.5 Lakhs per year
- ICICI Lombard General Insurance Company Underwriter Salary - ₹3.7 Lakhs to ₹9.5 Lakhs per year
- HDFC Ergo General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹7.2 Lakhs per year
What is the salary of a Underwriter in companies similar to HDFC Life in India?
- AIG Underwriter Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
- The New India Assurance Co. Underwriter Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year
- Kotak Mahindara Life Insurance Underwriter Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year
- PNB MetLife Underwriter Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
- ICICI Prudential Life Insurance Underwriter Salary - ₹2.1 Lakhs to ₹6.5 Lakhs per year
What is the estimated take home salary of a Underwriter at HDFC Life in India?
The estimated take-home salary of a Underwriter at HDFC Life ranges between ₹28,266 per month to ₹29,656 per month in India. The take-home salary calculation is based on the average HDFC Life Underwriter salary in India which ranges between ₹1.8 Lakhs to ₹4.7 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 Underwriter at HDFC Life?
According to AmbitionBox, 38% of the HDFC Life Underwriters reported a notice period of 2 Months, 31% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.
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HDFC Life Underwriter salary
in
India
ranges between ₹1.8
Lakh to ₹4.7
Lakhs with an average annual salary of
₹. Salary estimates are based on
15
HDFC Life latest salaries received from various employees of
HDFC Life.