HDFC Life Underwriting Executive Salaries by 7 Employees (Updated 2025)

0 - 5 years exp.

₹2.6 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Underwriting Executive Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriting Executive Salary 1 - 5 years exp. (4 salaries)	₹2.6 L/yr - ₹2.8 L/yr
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Customer Success, Service & Operations Underwriting Executive Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹2.9 L/yr

Last Updated: 14 Oct 2024

Companies similar to HDFC Life for Underwriting Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Underwriting Executive Salary 5 - 10 years exp. (5 salaries)	₹3.5 L/yr - ₹5.6 L/yr 54% more
SBI Life Insurance Company Underwriting Executive Salary 1 - 18 years exp. (4 salaries)	₹3 L/yr - ₹7 L/yr 87% more
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Max Life Insurance Underwriting Executive Salary 0 - 5 years exp. (6 salaries)	₹3.3 L/yr - ₹4 L/yr 19% more
Kotak Mahindara Life Insurance Underwriting Executive Salary 4 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹2.6 L/yr 21% less
Bajaj Allianz Life Insurance Underwriting Executive Salary 1 - 4 years exp. (3 salaries)	₹2.7 L/yr - ₹4 L/yr 18% more
Tata AIA Life Insurance Underwriting Executive Salary 2 - 4 years exp. (5 salaries)	₹3.1 L/yr - ₹7 L/yr 75% more
Aditya Birla Sun Life Insurance Underwriting Executive Salary 1 year exp. (3 salaries)	₹3.2 L/yr - ₹3.5 L/yr 14% more
PNB MetLife Underwriting Executive Salary 1 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 9% more
Star Health & Allied Insurance Underwriting Executive Salary 1 - 6 years exp. (111 salaries)	₹2 L/yr - ₹4.2 L/yr At par
Shriram Life Insurance Underwriting Executive Salary 1 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹2.7 L/yr 11% less
ICICI Lombard General Insurance Company Underwriting Executive Salary 2 - 7 years exp. (4 salaries)	₹3.5 L/yr - ₹11 L/yr 129% more
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AIG Underwriting Executive Salary 2 - 3 years exp. (4 salaries)	₹5.6 L/yr - ₹6 L/yr 99% more
Care Health Insurance Underwriting Executive Salary 0 - 7 years exp. (4 salaries)	₹3.2 L/yr - ₹5.3 L/yr 41% more

Underwriting Executive salary at HDFC Life ranges between ₹2.6 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Underwriting Executive salaries

Last Updated: 14 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.6 L/yr
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2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.3 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.6 L/yr

View all

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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

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

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

Salary - Poor

+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

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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 Underwriting Executive Salary FAQs

What is the salary of Underwriting Executive at HDFC Life?

Underwriting Executive salary at HDFC Life in India ranges between ₹2.6 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 13% less than the average Underwriting Executive Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life India.

How does the salary of a Underwriting Executive at HDFC Life India compare with the average salary range for this job?

The average salary of a Underwriting Executive at HDFC Life is 13% less than the average salary of a Underwriting Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Underwriting Executive in India?

ICICI Lombard General Insurance Company Underwriting Executive Salary - ₹3.5 Lakhs to ₹11.0 Lakhs per year
AIG Underwriting Executive Salary - ₹5.6 Lakhs to ₹6.0 Lakhs per year
SBI Life Insurance Company Underwriting Executive Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance Underwriting Executive Salary - ₹3.1 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance Underwriting Executive Salary - ₹3.5 Lakhs to ₹5.6 Lakhs per year

What is the salary of a Underwriting Executive in companies similar to HDFC Life in India?

Care Health Insurance Underwriting Executive Salary - ₹3.2 Lakhs to ₹5.3 Lakhs per year
Max Life Insurance Underwriting Executive Salary - ₹3.3 Lakhs to ₹4.0 Lakhs per year
Bajaj Allianz Life Insurance Underwriting Executive Salary - ₹2.7 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Sun Life Insurance Underwriting Executive Salary - ₹3.2 Lakhs to ₹3.5 Lakhs per year
PNB MetLife Underwriting Executive Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Underwriting Executive at HDFC Life in India?

The estimated take-home salary of a Underwriting Executive at HDFC Life ranges between ₹20,704 per month to ₹22,357 per month in India. The take-home salary calculation is based on the average HDFC Life Underwriting Executive salary in India which ranges between ₹2.6 Lakhs to ₹3.5 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 Underwriting Executive at HDFC Life?

According to AmbitionBox, 50% of the HDFC Life Underwriting Executives reported a notice period of 3 Months, 25% reported a notice period of 1 Month 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 Underwriting Executive Salaries

HDFC Life Underwriting Executive salary in India ranges between ₹2.6 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.