HDFC Life Bangalore / Bengaluru Underwriter Salaries by 9 Employees (Updated 2025)

0 - 5 years exp.

₹1.8 Lakh - ₹4.4 Lakhs

Salary of majority employees

40% 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 - ₹3.1 L/yr
Login to view exact salary
BFSI, Investments & Trading Underwriter Salary 1 - 5 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.6 L/yr

Last Updated: 7 Jul 2024

Companies similar to HDFC Life for Underwriter in Bangalore / Bengaluru

HDFC Life Underwriter Salary

0 - 5 years exp. (9 salaries)

₹1.8 L/yr - ₹4.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Underwriter Salary 3 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹6 L/yr 27% more
SBI Life Insurance Company Underwriter Salary 1 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹6.7 L/yr 29% more
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Gallagher Underwriter Salary 8 - 13 years exp. (5 salaries)	₹12.5 L/yr - ₹21 L/yr 282% more
SitusAMC Underwriter Salary 3 - 12 years exp. (109 salaries)	₹4.3 L/yr - ₹10.9 L/yr 109% more
VERITY GLOBAL SOLUTIONS Underwriter Salary 1 - 9 years exp. (37 salaries)	₹3.5 L/yr - ₹9.3 L/yr 53% more	1 job opening

Underwriter salary at HDFC Life ranges between ₹1.8 Lakh to ₹4.4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 9 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Underwriter salaries in Bangalore / Bengaluru

Last Updated: 7 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.1 L/yr
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.6 L/yr
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2 years (3 salaries)	₹2 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.4 L/yr

View all

Similar Designation salaries in HDFC Life

Deputy Manager Salary

(101 salaries)

₹4.5 L/yr - ₹13.06 L/yr

Senior Associate Salary

(32 salaries)

₹2.03 L/yr - ₹4.5 L/yr

Chief Manager Salary

(12 salaries)

₹16 L/yr - ₹27 L/yr

Team Lead Salary

(12 salaries)

₹2.5 L/yr - ₹8.5 L/yr

Senior Analyst Salary

(4 salaries)

₹3.5 L/yr - ₹4.6 L/yr

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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HDFC Life Underwriter Salary FAQs

What is the salary of Underwriter at HDFC Life Bangalore / Bengaluru?

Underwriter salary at HDFC Life in Bangalore / Bengaluru ranges between ₹1.8 Lakhs to ₹4.4 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 40% less than the average Underwriter Salary in India. Salary estimates are based on 9 latest salaries received from various employees of HDFC Life Bangalore / Bengaluru.

How does the salary of a Underwriter at HDFC Life Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Underwriter at HDFC Life is 40% less than the average salary of a Underwriter in Bangalore / Bengaluru. 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 Bangalore / Bengaluru.

Which similar companies are paying more than HDFC Life to a Underwriter in Bangalore / Bengaluru?

Gallagher Underwriter Salary - ₹12.5 Lakhs to ₹21.0 Lakhs per year
SitusAMC Underwriter Salary - ₹4.3 Lakhs to ₹10.9 Lakhs per year
VERITY GLOBAL SOLUTIONS Underwriter Salary - ₹3.5 Lakhs to ₹9.3 Lakhs per year
SBI Life Insurance Company Underwriter Salary - ₹3.5 Lakhs to ₹6.7 Lakhs per year
ICICI Prudential Life Insurance Underwriter Salary - ₹2.9 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Underwriter at HDFC Life in Bangalore / Bengaluru?

The estimated take-home salary of a Underwriter at HDFC Life ranges between ₹26,411 per month to ₹27,829 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average HDFC Life Underwriter salary in India which ranges between ₹1.8 Lakhs to ₹4.4 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 in Bangalore / Bengaluru?

According to AmbitionBox, 75% of the HDFC Life Underwriters in Bangalore / Bengaluru reported a notice period of 15 days or less, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Life Underwriter Salaries in Bangalore / Bengaluru

HDFC Life Underwriter salary in Bangalore / Bengaluru ranges between ₹1.8 Lakh to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 HDFC Life latest salaries received from various employees of HDFC Life.