IndiaFirst Life Insurance Underwriter Salaries by 5 Employees

4 - 7 years exp.

₹2.8 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Underwriter Salary in Insurance Companies for 4 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriter Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹6 L/yr
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Data Science & Analytics Underwriter Salary 7 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 13 Apr 2024

Companies similar to IndiaFirst Life Insurance for Underwriter

Company name	Avg Annual Salary	Open Jobs
Royal Sundaram General Insurance Underwriter Salary 1 - 6 years exp. (16 salaries)	₹3 L/yr - ₹10 L/yr 52% more
Cholamandalam MS General Insurance Underwriter Salary 0 - 9 years exp. (10 salaries)	₹2 L/yr - ₹9.9 L/yr 24% more
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National Insurance Company Underwriter Salary 1 - 5 years exp. (8 salaries)	₹1.5 L/yr - ₹3 L/yr 49% less
Magma HDI General Insurance Underwriter Salary 0 - 5 years exp. (7 salaries)	₹3.4 L/yr - ₹8.1 L/yr 18% more
Allianz Services Underwriter Salary 4 - 8 years exp. (5 salaries)	₹5.5 L/yr - ₹7.9 L/yr 52% more
Swiss Re Underwriter Salary 1 - 8 years exp. (4 salaries)	₹7.4 L/yr - ₹26 L/yr 303% more	1 job opening
Bharti AXA Life Insurance Underwriter Salary 0 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹7.5 L/yr 28% more
PNB MetLife Underwriter Salary 2 - 8 years exp. (4 salaries)	₹2 L/yr - ₹7 L/yr 18% more
Edelweiss Life Insurance Underwriter Salary 2 - 4 years exp. (4 salaries)	₹3.6 L/yr - ₹6 L/yr 6% more
Liberty General Insurance Underwriter Salary 1 - 10 years exp. (4 salaries)	₹10.5 L/yr - ₹11.8 L/yr 162% more	2 job openings
Shriram General Insurance Underwriter Salary 0 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹5 L/yr 18% less
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MetLife Underwriter Salary 1 - 4 years exp. (3 salaries)	₹3.4 L/yr - ₹4.2 L/yr 12% less
Universal Sompo General Insurance Underwriter Salary 1 - 5 years exp. (3 salaries)	₹5.1 L/yr - ₹7.1 L/yr 47% more

Underwriter salary at IndiaFirst Life Insurance ranges between ₹2.8 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of IndiaFirst Life Insurance.

Experience wise IndiaFirst Life Insurance Underwriter salaries

Last Updated: 13 Apr 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.4 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹6 L/yr
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6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹8.4 L/yr

Similar Designation salaries in IndiaFirst Life Insurance

Senior Underwriter Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Underwriting Manager Salary

(3 salaries)

₹12 L/yr - ₹12 L/yr

Team Lead Salary

(4 salaries)

₹4 L/yr - ₹5 L/yr

Senior Associate Salary

(5 salaries)

₹4.25 L/yr - ₹5.4 L/yr

Deputy Manager Salary

(107 salaries)

₹3.1 L/yr - ₹10.7 L/yr

Management Trainee Salary

(5 salaries)

₹10 L/yr - ₹15 L/yr

Assistant Vice President Salary

(21 salaries)

₹16.5 L/yr - ₹36.04 L/yr

Associate Vice President Salary

(6 salaries)

₹20 L/yr - ₹25 L/yr

Top skills at IndiaFirst Life Insurance for Underwriter

Operational Risk Management Internal Audit

Salary related reviews for IndiaFirst Life Insurance

Senior Business Development Management Executive in Kanpur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Jun 2023

4.0

for Salary and Benefits

Likes

Such a lier leaders please request do not joing this campany salary high par mat jana kam chahe mam package meh kahi or join karlena. Lucknow meh inka office hai please if you want stay happy zara bhi please not join

Salary - Good

Dislikes

Working seven days hr still not say yo how mucj waste leader in this company pressure like lala ki dukkan 10am to 11 pm

Skill development - Bad

+5 more

Customer Care Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 18 Feb 2019

5.0

for Salary and Benefits

Likes

This company is open to innovation and readly adopts latest technology, I have got lots of certificates and quite good experience and enjoyed moments of outing with coworkers .

Salary - Excellent

+6 more

Dislikes

Salary growth is too slow

Sales Manager in Chennai

BFSI, Investments & Trading Department

1.0

• posted on 29 Jun 2022

1.0

for Salary and Benefits

Likes

Company is good ,but hr is not helpful and Abh Mr.jegan jeevanadham is working on South tamilnadu hr is very cheap behaviour ,he suck your salary and buy medqls and gift for the branch manager ,he not even listen your words at any situation pls don't join , company is good but ABH are very bad

Dislikes

I like this company very much but Mr.Jegan jeevanadham is very bad while speaking and not given leave for any situation it including death also very worst I ever seen in my career

Salary - Bad

+6 more

BDM 2 in Lucknow

Full Time

Sales & Business Development Department

1.0

• posted on 11 Sep 2022

3.0

for Salary and Benefits

Likes

Nothing I like about this company. Only salary given on time.

Dislikes

Don't joined, joined if BOB channel partner. No support for your channel partner do your own. No job security. It's much better than joined big company like hdfclife , icicipru, maxlife atlist job security are there.

Skill development - Bad

+4 more

Business Development Manager in Hajipur

Life Insurance Department

4.0

• posted on 14 Nov 2021

3.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but doesn't address our issues. There is a bound of 1 years before which you cannot resign. On the job training is not given to new joiners.

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IndiaFirst Life Insurance Underwriter Salary FAQs

What is the salary of Underwriter at IndiaFirst Life Insurance ?

The average salary of a Underwriter at IndiaFirst Life Insurance in India typically ranges from ₹2.8 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Underwriter at IndiaFirst Life Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Underwriter Salaries at IndiaFirst 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 5 IndiaFirst Life Insurance employees in India.

What is the estimated take home salary of a Underwriter at IndiaFirst Life Insurance in India?

The estimated take-home salary of a Underwriter at IndiaFirst Life Insurance in India typically ranges from ₹32,613 to ₹33,888 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 4 years to 7 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 5 salaries received from various employees of IndiaFirst Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Underwriter at IndiaFirst Life Insurance ?

To be a Underwriter at IndiaFirst Life Insurance in india, the key skills required include:

- Operational Risk Management
- Internal Audit

These skills are highly valued at IndiaFirst Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IndiaFirst Life Insurance for Underwriter in India?

Swiss Re	₹7.4 Lakhs to ₹26.0 Lakhs per year
Liberty General Insurance	₹10.5 Lakhs to ₹11.8 Lakhs per year
Allianz Services	₹5.5 Lakhs to ₹7.9 Lakhs per year
Royal Sundaram General Insurance	₹3.0 Lakhs to ₹10.0 Lakhs per year
Universal Sompo General Insurance	₹5.1 Lakhs to ₹7.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IndiaFirst Life Insurance, depending on the role and experience level.

What is the salary of a Underwriter in companies similar to IndiaFirst Life Insurance in India?

The salary of a Underwriter at companies similar to IndiaFirst Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharti AXA Life Insurance	₹3.8 Lakhs to ₹7.5 Lakhs per year
Cholamandalam MS General Insurance	₹2.0 Lakhs to ₹9.9 Lakhs per year
PNB MetLife	₹2.0 Lakhs to ₹7.0 Lakhs per year
Magma HDI General Insurance	₹3.4 Lakhs to ₹8.1 Lakhs per year
Edelweiss Life Insurance	₹3.6 Lakhs to ₹6.0 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 Underwriter at IndiaFirst Life Insurance in India?

The salary growth for a Underwriter at IndiaFirst Life Insurance depends on factors such as experience, performance, and promotions. On average, a Underwriter can expect the following growth trajectory at IndiaFirst Life Insurance:

Experience	Average Salary Range
4 years	₹2.8 Lakhs to ₹7.4 Lakhs per year
5 years	₹3.6 Lakhs to ₹6.0 Lakhs per year
6 years	₹1.8 Lakhs to ₹6.0 Lakhs per year
7 years	₹3.6 Lakhs to ₹8.4 Lakhs per year

and so on.

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IndiaFirst Life Insurance Underwriter Salaries

IndiaFirst Life Insurance Underwriter salary in India ranges between ₹2.8 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IndiaFirst Life Insurance latest salaries received from various employees of IndiaFirst Life Insurance.