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ICICI Prudential Life Insurance Medical Underwriter salaries in India (Updated 2025)

Annual salary range
1 - 3 years exp.
₹3 Lakhs - ₹9 Lakhs
Salary of majority employees
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18% more than the average Medical Underwriter Salary in Insurance Companies for 1 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Medical Underwriter Salary
1 - 3 years exp. (9 salaries)
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₹3 L/yr - ₹6 L/yr

Healthcare & Life Sciences
Medical Underwriter Salary
1 - 3 years exp. (7 salaries)
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₹3 L/yr - ₹7.5 L/yr

Risk Management & Compliance
Medical Underwriter Salary
1 - 2 years exp. (3 salaries)
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₹3.9 L/yr - ₹6 L/yr

Research & Development
Medical Underwriter Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹5.8 L/yr

Last Updated: 17 Feb 2025

Companies similar to ICICI Prudential Life Insurance for Medical Underwriter

Company name Avg Annual Salary Open Jobs
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HDFC Life Medical Underwriter Salary

1 - 9 years exp. (19 salaries)

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₹2.5 L/yr - ₹7.8 L/yr

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₹3.2 L/yr - ₹12.8 L/yr

arrow icon 28% more
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₹3 L/yr - ₹6.1 L/yr

arrow icon 21% less
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PNB MetLife Medical Underwriter Salary

1 - 14 years exp. (10 salaries)

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₹4.3 L/yr - ₹13 L/yr

arrow icon 42% more
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₹4.3 L/yr - ₹8.2 L/yr

arrow icon 26% more
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₹3 L/yr - ₹8.5 L/yr

arrow icon 3% more
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₹5.2 L/yr - ₹8 L/yr

arrow icon 6% more
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₹3 L/yr - ₹6.5 L/yr

arrow icon 30% less
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₹3.5 L/yr - ₹5 L/yr

arrow icon 24% less
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₹4 L/yr - ₹6.5 L/yr

arrow icon 11% less
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₹3.5 L/yr - ₹5.8 L/yr

arrow icon 17% less
Medical Underwriter salary at ICICI Prudential Life Insurance ranges between ₹3 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 44 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Medical Underwriter

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Experience wise ICICI Prudential Life Insurance Medical Underwriter salaries

Last Updated: 17 Feb 2025

Experience Avg Annual Salary
1 year  (16 salaries)

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₹3 L/yr - ₹6 L/yr
2 years  (22 salaries)

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₹3 L/yr - ₹8 L/yr
3 years  (6 salaries)

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₹5 L/yr - ₹9 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

Medical Writer Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
Senior Associate Salary
(295 salaries)
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₹2.4 L/yr - ₹5.3 L/yr
Team Lead Salary
(23 salaries)
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₹1.5 L/yr - ₹8.75 L/yr
Research Associate Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
Data Analyst Salary
(13 salaries)
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₹2.5 L/yr - ₹7.5 L/yr
Deputy Manager Salary
(53 salaries)
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₹2.25 L/yr - ₹8 L/yr
Officer Salary
(5 salaries)
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₹3 L/yr - ₹3.87 L/yr
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₹3.8 L/yr - ₹4.2 L/yr
Document Controller Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

Salary related reviews for ICICI Prudential Life Insurance

4.5

Rated by 8 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 10 Jan 2025

3.0
 for  Salary and Benefits

Likes

Salary package.

Dislikes

There is not have any work life balance, specially in group claims ,manager is not cooperative, for a single day sick leave also they asked like why did you inform previously.saturdays are working for partial employees.Hr &Sr Management is not supportive for employees they are at side of only managers.Promotion criteria is not basis of performance but on favourtism basis....hr will not assure that your conversation will be confidential & but each information gave to senior rather than to help out employees get more torture from manager.

read more
  • Skill development - Bad
  • +5 more

Engineering - Software & QA Department

5.0
  •  posted on 06 Sep 2019

5.0
 for  Salary and Benefits

Likes

I love the fact that i’m a part of a team that reliable l, high-quality products and has a global client base. As a result i get to interact with high profile people, celebrity and many more thinks to learn Another plus point is that my colleagues and Leadership Team is very much supportive & we work happily in collaboration.!!☺️

read more
  • Salary - Excellent
  • +6 more

Dislikes

...gative wives so sometime we have to work more than shift timing but it’s okay becouse if we will spend more hours will get more salary.

read more

Full Time

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Sales & Business Development Department

5.0
  •  posted on 04 Mar 2025

5.0
 for  Salary and Benefits

Likes

The work-life balance here is good, and the salary and promotions are also rewarding. This makes ICICI Prudential Life the best company for us.

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  • Salary - Excellent
  • +6 more

Dislikes

There is nothing that would make us say we dislike ICICI Prudential LIC LTD...

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 29 Jan 2025

3.0
 for  Salary and Benefits

Likes

Icici prudential is basically good company .It gives good salary for freshers.

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Dislikes

Company wise icici is very good. But salem branch is very worst for managers support There is a lots of politics.seniors not help for juniors especially ANAND (ARM) PSF channel is help to senior only. Anand give only 6month time for begineers .After 6 months They don't give a business he compale for the separation . HR wise no action for anand.

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  • Skill development - Bad
  • +3 more

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 07 Jan 2025

3.0
 for  Salary and Benefits

Likes

...d job security, and offers valuable learning opportunities to enhance my skills. While the salary is on the lower side and growth feels slow, the stable environment and focus on employee development make it a worthwhile place to work.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Low salary slow growth

see more salary related reviews

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ICICI Prudential Life Insurance Medical Underwriter Salary FAQs

What is the salary of Medical Underwriter at ICICI Prudential Life Insurance ?
The average salary of a Medical Underwriter at ICICI Prudential Life Insurance in India typically ranges from ₹3.0 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Medical Underwriter at ICICI Prudential Life Insurance earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Medical Underwriter Salaries at ICICI Prudential Life Insurance 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 40+ ICICI Prudential Life Insurance employees in India.
What is the estimated take home salary of a Medical Underwriter at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Medical Underwriter at ICICI Prudential Life Insurance in India typically ranges from ₹42,277 to ₹43,409 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 40+ salaries received from various employees of ICICI Prudential Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ICICI Prudential Life Insurance for Medical Underwriter in India?
PNB MetLife ₹4.3 Lakhs to ₹13.0 Lakhs per year
Axis Max Life Insurance ₹3.2 Lakhs to ₹12.8 Lakhs per year
Tata AIA Life Insurance ₹4.3 Lakhs to ₹8.2 Lakhs per year
Kotak Mahindara Life Insurance ₹5.2 Lakhs to ₹8.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.0 Lakhs to ₹8.5 Lakhs per year

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

HDFC Life ₹2.5 Lakhs to ₹7.8 Lakhs per year
Shriram Life Insurance ₹4.0 Lakhs to ₹6.5 Lakhs per year
Aditya Birla Sun Life Insurance ₹3.5 Lakhs to ₹5.8 Lakhs per year
HDFC Ergo General Insurance ₹3.0 Lakhs to ₹6.1 Lakhs per year
SBI Life Insurance Company ₹3.5 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 Medical Underwriter at ICICI Prudential Life Insurance in India?
The salary growth for a Medical Underwriter at ICICI Prudential Life Insurance depends on factors such as experience, performance, and promotions. On average, a Medical Underwriter can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience Average Salary Range
1 year ₹3.0 Lakhs to ₹6.0 Lakhs per year
2 years ₹3.0 Lakhs to ₹8.0 Lakhs per year
3 years ₹5.0 Lakhs to ₹9.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Prudential Life Insurance Medical Underwriter salary in India ranges between ₹3 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 44 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.