HDFC Life Chennai Underwriter Salaries by 6 Employees (Updated 2025)

0 - 3 years exp.

₹2.1 Lakhs - ₹4.7 Lakhs

Salary of majority employees

32% less than the average Underwriter Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

Healthcare & Life Sciences Underwriter Salary 0 - 2 years exp. (3 salaries)	₹2.8 L/yr - ₹4.7 L/yr
Login to view exact salary
BFSI, Investments & Trading Underwriter Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.3 L/yr

Last Updated: 30 Oct 2024

Companies similar to HDFC Life for Underwriter in Chennai

HDFC Life Underwriter Salary

0 - 3 years exp. (6 salaries)

₹2.1 L/yr - ₹4.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Underwriter Salary 0 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹4.7 L/yr 12% more
Star Health & Allied Insurance Underwriter Salary 0 - 7 years exp. (10 salaries)	₹1.8 L/yr - ₹4.1 L/yr 24% less
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Accenture Underwriter Salary 0 - 5 years exp. (50 salaries)	₹1.5 L/yr - ₹5.2 L/yr 19% less
SitusAMC Underwriter Salary 3 - 10 years exp. (22 salaries)	₹5.5 L/yr - ₹10 L/yr 106% more
Mphasis Underwriter Salary 3 - 9 years exp. (19 salaries)	₹3.3 L/yr - ₹8.2 L/yr 53% more	4 job openings

Underwriter salary at HDFC Life ranges between ₹2.1 Lakhs to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Underwriter salaries in Chennai

Last Updated: 30 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹4.7 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.7 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹6.8 L/yr

Similar Designation salaries in HDFC Life

Senior Associate Salary

(86 salaries)

₹1.5 L/yr - ₹4.45 L/yr

Deputy Manager Salary

(38 salaries)

₹4.5 L/yr - ₹12 L/yr

Team Lead Salary

(6 salaries)

₹1.35 L/yr - ₹5.7 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

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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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HDFC Life Underwriter Salary FAQs

What is the salary of Underwriter at HDFC Life Chennai?

Underwriter salary at HDFC Life in Chennai ranges between ₹2.1 Lakhs to ₹4.7 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 32% less than the average Underwriter Salary in India. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life Chennai.

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

The average salary of a Underwriter at HDFC Life is 32% less than the average salary of a Underwriter in Chennai. 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 Chennai.

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

SitusAMC Underwriter Salary - ₹5.5 Lakhs to ₹10.0 Lakhs per year
Mphasis Underwriter Salary - ₹3.3 Lakhs to ₹8.2 Lakhs per year
ICICI Prudential Life Insurance Underwriter Salary - ₹2.1 Lakhs to ₹4.7 Lakhs per year

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

Accenture Underwriter Salary - ₹1.5 Lakhs to ₹5.2 Lakhs per year
Star Health & Allied Insurance Underwriter Salary - ₹1.8 Lakhs to ₹4.1 Lakhs per year

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

The estimated take-home salary of a Underwriter at HDFC Life ranges between ₹27,829 per month to ₹29,226 per month in Chennai. The take-home salary calculation is based on the average HDFC Life Underwriter salary in India which ranges between ₹2.1 Lakhs to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at HDFC Life in Chennai?

According to AmbitionBox, 50% of the HDFC Life Underwriters in Chennai reported a notice period of 2 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Life Underwriter Salaries in Chennai

HDFC Life Underwriter salary in Chennai ranges between ₹2.1 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Life latest salaries received from various employees of HDFC Life.