IndiaFirst Life Insurance Mumbai Underwriter Salaries by 3 Employees (Updated 2025)

4 - 7 years exp.

₹2.8 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

44% 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 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 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 in Mumbai

IndiaFirst Life Insurance Underwriter Salary

4 - 7 years exp. (3 salaries)

₹2.8 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Underwriter Salary 0 - 5 years exp. (9 salaries)	₹2.6 L/yr - ₹5 L/yr 25% more
Bajaj Allianz Life Insurance Underwriter Salary 2 - 6 years exp. (3 salaries)	₹3.2 L/yr - ₹4.8 L/yr 30% more
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Kotak Mahindara Life Insurance Underwriter Salary 1 - 4 years exp. (3 salaries)	₹5.1 L/yr - ₹9.1 L/yr 113% more
Royal Sundaram General Insurance Underwriter Salary 1 - 13 years exp. (4 salaries)	₹5.1 L/yr - ₹13.6 L/yr 203% more
Edelweiss Life Insurance Underwriter Salary 2 - 4 years exp. (4 salaries)	₹3.6 L/yr - ₹6 L/yr 47% more
Swiss Re Underwriter Salary 1 - 9 years exp. (3 salaries)	₹12.9 L/yr - ₹26 L/yr 432% more	1 job opening

Underwriter salary at IndiaFirst Life Insurance ranges between ₹2.8 Lakhs to ₹3.6 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of IndiaFirst Life Insurance.

Experience wise IndiaFirst Life Insurance Underwriter salaries in Mumbai

Last Updated: 13 Apr 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in IndiaFirst Life Insurance

Deputy Manager Salary

(60 salaries)

₹4 L/yr - ₹10.7 L/yr

Assistant Vice President Salary

(21 salaries)

₹16.5 L/yr - ₹36.04 L/yr

Management Trainee Salary

(4 salaries)

₹10 L/yr - ₹12.5 L/yr

Associate Vice President Salary

(3 salaries)

₹21 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 senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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IndiaFirst Life Insurance Underwriter Salary FAQs

What is the notice period for Underwriter at IndiaFirst Life Insurance in Mumbai?

According to AmbitionBox, 100% of the IndiaFirst Life Insurance Underwriters in Mumbai reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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IndiaFirst Life Insurance Underwriter Salaries in Mumbai

IndiaFirst Life Insurance Underwriter salary in Mumbai ranges between ₹2.8 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IndiaFirst Life Insurance latest salaries received from various employees of IndiaFirst Life Insurance.