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HSBC Group

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4.0

based on 4.5k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HSBC Group Underwriter salaries in India

Annual salary range
1 - 10 years exp.
₹2.9 Lakhs - ₹11.3 Lakhs
Salary of majority employees
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41% more than the average Underwriter Salary in Financial Services Companies for 1 - 10 years of experience

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Salaries in different departments

Finance & Accounting
Underwriter Salary
1 - 5 years exp. (4 salaries)
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₹5 L/yr - ₹8 L/yr

BFSI, Investments & Trading
Underwriter Salary
4 - 10 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹6.8 L/yr

Healthcare & Life Sciences
Underwriter Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹17.3 L/yr

Customer Success, Service & Operations
Underwriter Salary
10 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹9.3 L/yr

Last Updated: 29 Nov 2024

Companies similar to HSBC Group for Underwriter

Company name Avg Annual Salary Open Jobs
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ICICI Bank Underwriter Salary

1 - 4 years exp. (4 salaries)

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₹2.3 L/yr - ₹9.6 L/yr

arrow icon 32% less
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Axis Bank Underwriter Salary

2 - 4 years exp. (5 salaries)

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₹3.8 L/yr - ₹6.3 L/yr

arrow icon 37% less
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HDFC Bank Underwriter Salary

1 - 9 years exp. (26 salaries)

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₹1.3 L/yr - ₹7.7 L/yr

arrow icon 51% less
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Kotak Mahindra Bank Underwriter Salary

1 - 5 years exp. (4 salaries)

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₹2 L/yr - ₹4.7 L/yr

arrow icon 54% less
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Yes Bank Underwriter Salary

2 - 5 years exp. (4 salaries)

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₹2.8 L/yr - ₹5.1 L/yr

arrow icon 51% less
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Home Credit Finance Underwriter Salary

1 - 5 years exp. (10 salaries)

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₹1.1 L/yr - ₹3.4 L/yr

arrow icon 72% less
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ANZ Banking Group Underwriter Salary

3 - 9 years exp. (7 salaries)

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₹5.8 L/yr - ₹8 L/yr

arrow icon 6% less
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American Express Underwriter Salary

4 - 6 years exp. (4 salaries)

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₹7.3 L/yr - ₹8.9 L/yr

arrow icon 9% more
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Aditya Birla Capital Underwriter Salary

0 - 4 years exp. (3 salaries)

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₹2.6 L/yr - ₹8 L/yr

arrow icon 38% less
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Wells Fargo Underwriter Salary

4 - 6 years exp. (5 salaries)

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₹6 L/yr - ₹11.1 L/yr

arrow icon 15% less
1 job opening
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JPMorgan Chase & Co. Underwriter Salary

0 - 15 years exp. (3 salaries)

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₹5 L/yr - ₹19.2 L/yr

arrow icon 46% more
Underwriter salary at HSBC Group ranges between ₹2.9 Lakhs to ₹11.3 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 11 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Underwriter

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Experience wise HSBC Group Underwriter salaries

Last Updated: 29 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹5 L/yr - ₹10.3 L/yr
2 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7.1 L/yr
3 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
4 years  (3 salaries)

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₹2.9 L/yr - ₹12.5 L/yr
5 years  (4 salaries)

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₹6.4 L/yr - ₹11.5 L/yr
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Similar Designation salaries in HSBC Group

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₹7.5 L/yr - ₹29 L/yr
Analyst Salary
(1.1k salaries)
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₹4.29 L/yr - ₹19 L/yr
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₹7.5 L/yr - ₹7.6 L/yr
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₹7 L/yr - ₹9.1 L/yr
Team Lead Salary
(91 salaries)
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₹6.92 L/yr - ₹24 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
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₹15.8 L/yr - ₹20.1 L/yr
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₹4.5 L/yr - ₹10 L/yr
Credit Manager Salary
(20 salaries)
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₹4.6 L/yr - ₹15.5 L/yr
Senior Associate Salary
(383 salaries)
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₹4.5 L/yr - ₹19 L/yr
Senior Analyst Salary
(919 salaries)
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₹5.4 L/yr - ₹22.31 L/yr

Salary related reviews for HSBC Group

2.1

Rated by 2 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 20 Oct 2023

3.0
 for  Salary and Benefits

Likes

I am impressed with my workplace which is mostly work from home. The atmosphere here is incredible supportive, fostering both personal and professional growth. The team is also like a family and make each day enjoyable.

read more

Dislikes

In the like comment, I have mentioned that its Hybrid or majority work from home, the salary structure is kind of average. In the beginning we used to claim our internet bills. However, they removed the internet bill reimbursement policy recently. Hope we wish to get it back so that I could give 5 star for salary and benefits next time. Some people would laugh at this dislike but many would know.

read more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 26 Apr 2023

3.0
 for  Salary and Benefits

Likes

- Work Life balance is unmatched - Non monetary perks - Hybrid and Flexible working hours - Health policy for self and parents. For parents it's paid but premiums much lesser than in the market - Ample growth opportunities - Career progression is kind of automatic - Reputable designations are given

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Dislikes

- Salary hikes and monetary perks are on the lower side. As you spend more than 5-7 year's you kind of hit a wall - Lack of leadership roles

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Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 22 May 2023

4.0
 for  Salary and Benefits

Likes

...licies in place in theory. In practice it all depends on your team and managers. In my experience I haven’t seen many positives apart from pay , but if your team is okay, it might work out very well

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Dislikes

Again it’s all contingent on the team. The company has excellent policies in place and if allowed to work will create a great work environment

read more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 11 Apr 2023

3.0
 for  Salary and Benefits

Likes

Great learning opportunities at work. Good job satisfaction and opportunity to explore a lot of models for development and validation

read more

Dislikes

Poor hikes and appraisals. Pay not matched up to the market standards

Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 22 Apr 2022

2.0
 for  Salary and Benefits

Likes

I like the culture of the company, the way company supports women empowerment.

Dislikes

...ncy. Sone manages make it hard for the analysts to maintain work life balance. Salary growth is very slow.

read more
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HSBC Group Underwriter Salary FAQs

What is the salary of Underwriter at HSBC Group?
Underwriter salary at HSBC Group in India ranges between ₹2.9 Lakhs to ₹11.3 Lakhs for experience between 1 years to 10 years. According to our estimates it is 41% more than the average Underwriter Salary in India. Salary estimates are based on 11 latest salaries received from various employees of HSBC Group India.
How does the salary of a Underwriter at HSBC Group India compare with the average salary range for this job?
The average salary of a Underwriter at HSBC Group is 41% more than the average salary of a Underwriter in India. To know exact salary insights, login to view.
Which similar companies are paying more than HSBC Group to a Underwriter in India?
  • JPMorgan Chase & Co. Underwriter Salary - ₹5.0 Lakhs to ₹19.2 Lakhs per year
  • American Express Underwriter Salary - ₹7.3 Lakhs to ₹8.9 Lakhs per year
What is the salary of a Underwriter in companies similar to HSBC Group in India?
  • ANZ Banking Group Underwriter Salary - ₹5.8 Lakhs to ₹8.0 Lakhs per year
  • Wells Fargo Underwriter Salary - ₹6.0 Lakhs to ₹11.1 Lakhs per year
  • ICICI Bank Underwriter Salary - ₹2.3 Lakhs to ₹9.6 Lakhs per year
  • Axis Bank Underwriter Salary - ₹3.8 Lakhs to ₹6.3 Lakhs per year
  • Aditya Birla Capital Underwriter Salary - ₹2.6 Lakhs to ₹8.0 Lakhs per year
What is the estimated take home salary of a Underwriter at HSBC Group in India?
The estimated take-home salary of a Underwriter at HSBC Group ranges between ₹56,069 per month to ₹57,475 per month in India. The take-home salary calculation is based on the average HSBC Group Underwriter salary in India which ranges between ₹2.9 Lakhs to ₹11.3 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Underwriter at HSBC Group?
According to AmbitionBox, 100% of the HSBC Group Underwriters reported a notice period of 2 Months.This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HSBC Group Underwriter salary in India ranges between ₹2.9 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 HSBC Group latest salaries received from various employees of HSBC Group.