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HSBC Group Underwriting Analyst salaries in India (Updated 2025)

Annual salary range
2 - 20 years exp.
₹4.5 Lakhs - ₹10 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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35% more than the average Underwriting Analyst Salary in Financial Services Companies for 2 - 20 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Underwriting Analyst Salary
19 - 20 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹9.9 L/yr

Finance & Accounting
Underwriting Analyst Salary
2 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5 L/yr

Last Updated: 6 Feb 2025

Companies similar to HSBC Group for Underwriting Analyst

Company name Avg Annual Salary Open Jobs
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Axis Bank Underwriting Analyst Salary

2 - 4 years exp. (3 salaries)

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₹6 L/yr - ₹8 L/yr

arrow icon 14% less
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Wells Fargo Underwriting Analyst Salary

1 - 3 years exp. (6 salaries)

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₹4.4 L/yr - ₹5 L/yr

arrow icon 42% less
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₹13.5 L/yr - ₹20 L/yr

arrow icon 94% more
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Xceedance Underwriting Analyst Salary

0 - 5 years exp. (146 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 40% less
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Accenture Underwriting Analyst Salary

2 - 8 years exp. (121 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 24% less
1 job opening
Underwriting Analyst salary at HSBC Group ranges between ₹4.5 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Underwriting Analyst

3d ago
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20 years exp.
2mo ago
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19 years exp.
5mo ago
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2 years exp.

Experience wise HSBC Group Underwriting Analyst salaries

Last Updated: 6 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
15+ years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr

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Salary related reviews for HSBC Group

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
  • Skill development - Good
  • +5 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

read more
  • Skill development - Good
  • +5 more

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

read more

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

read more
  • Salary - Good
  • +1 more

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
  • Job security - Poor
  • +3 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
  • Skill development - Good
  • +3 more

Dislikes

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

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 01 Feb 2023

1.0
 for  Salary and Benefits

Likes

Just flexible hours nothing else. They sell themselves claiming that they have good work culture. It might be good at the organisational level, but not at our level. Work culture depends on the managers more than the organisation. And if by chance you don’t get a good manager then you’ll be in a mess. Even if the entire team goes and escalates to the senior management about the manager, no action will be taken against the manager in CAU instead you’ll be shifted to another team. But who knows what will happen after that. Won’t recommend anyone to join.

read more
  • Job security - Excellent

Dislikes

They are willing to pay freshers but don’t value existing employees at all. They are of the opinion that they can pay more to the new joiner but no point of paying more to the existing employees.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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HSBC Group Underwriting Analyst Salary FAQs

What is the salary of Underwriting Analyst at HSBC Group ?
The average salary of a Underwriting Analyst at HSBC Group in India typically ranges from ₹4.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 2 years to 20 years).

The top 10% of Underwriting Analyst at HSBC Group earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Underwriting Analyst Salaries at HSBC Group can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 HSBC Group employees in India.
What is the estimated take home salary of a Underwriting Analyst at HSBC Group in India?
The estimated take-home salary of a Underwriting Analyst at HSBC Group in India typically ranges from ₹59,842 to ₹61,354 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 2 years to 20 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HSBC Group for Underwriting Analyst in India?
JPMorgan Chase & Co. ₹13.5 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HSBC Group, depending on the role and experience level.
What is the salary of a Underwriting Analyst in companies similar to HSBC Group in India?
The salary of a Underwriting Analyst at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank ₹6.0 Lakhs to ₹8.0 Lakhs per year
Accenture ₹2.2 Lakhs to ₹10.0 Lakhs per year
Xceedance ₹3.0 Lakhs to ₹6.0 Lakhs per year
Wells Fargo ₹4.4 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Underwriting Analyst at HSBC Group in India?
The salary growth for a Underwriting Analyst at HSBC Group depends on factors such as experience, performance, and promotions. On average, a Underwriting Analyst can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
2 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
15 years ₹8.1 Lakhs to ₹10.3 Lakhs per year
and so on.

Tell us how to improve this page.

HSBC Group Underwriting Analyst salary in India ranges between ₹4.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HSBC Group latest salaries received from various employees of HSBC Group.