IndusInd Bank Mumbai Underwriting Executive Salaries by Employees (Updated 2025)

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₹2.7 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 26 Jun 2024

Companies similar to IndusInd Bank for Underwriting Executive in Mumbai

IndusInd Bank Underwriting Executive Salary

6 years exp. (AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Underwriting Executive Salary 1 - 6 years exp. (12 salaries)	₹2 L/yr - ₹4 L/yr 3% less
Tata AIG Underwriting Executive Salary 3 - 6 years exp. (5 salaries)	₹2 L/yr - ₹5 L/yr 11% less
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ICICI Prudential Life Insurance Underwriting Executive Salary 6 - 10 years exp. (4 salaries)	₹4 L/yr - ₹5.6 L/yr 52% more
Vibhuti Insurance Brokers Underwriting Executive Salary 4 - 11 years exp. (3 salaries)	₹3.5 L/yr - ₹3.7 L/yr 19% more
SPA Insurance Broking Services Underwriting Executive Salary 2 - 5 years exp. (3 salaries)	₹3.2 L/yr - ₹4.2 L/yr 28% more

Underwriting Executive salary at IndusInd Bank ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with 6 years of experience. Salary estimates are based on 1 latest salaries received from various employees of IndusInd Bank.

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Salary related reviews for IndusInd Bank

Sales Executive in Jabalpur

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 22 Jan 2025

1.0

for Salary and Benefits

Likes

Worst company ...there is no working as per professionally not satisfactory salary, not a company to work

Dislikes

Dislikes about working in indusind banks are alot words are less to describe how bad experience will be in indusind bank ..if someone is willing to work in indusind bank...I would suggest don't waste your precious experience and time in working indusind bank ..try out somewhere else...you will be more ...satisfied working in some other company ...

Salary - Bad

+6 more

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 08 Dec 2024

1.0

for Salary and Benefits

Likes

Less pressure than other bank.

Dislikes

...mers like other banks whose basic account starts from rs 2500 like bandhan Bank.And the salary hike is very very low like negligible.

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 04 Dec 2024

2.0

for Salary and Benefits

Likes

Job security, salary on time

Job security - Good

Dislikes

At Opus center, Mumbai, Work culture is very pathetic, the super Manager raises issues which are not even required and are small. Work life balance is poor. Hasim Shaikh is Therki and favour majority female employees. Promotion is poorly done.

Salary - Poor

+3 more

Customer Service Executive in Chennai

Full Time

Other Department

1.0

• posted on 12 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing at all

Dislikes

...d to take it.... In short your life is hell. No work and personal life balance. Salary is also very pethetic....... Do not join this company especially in KYC.... Your life will be hell because of few inefficient Managers and TLs.

Salary - Bad

+6 more

Back Office Executive in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 15 May 2024

2.0

for Salary and Benefits

Likes

...make a big mistake. Great supporting management. Gives you free decision policy. Bit kanjus company on salary but it's a great workplace and peaceful minded if you want to settle down.

Job security - Excellent

+3 more

Dislikes

Hr policy is soo bad. It's like they try to take money from employee pocket only. They will show you a huge ammount as salary on your offer letter but belive me your take hand will be very low. All the other benifits will be shown under ur CTC. They will say salary is 30k but after deduction they will give only 22k. You will feel like cheated. You can only join on Mondays because management dosent want you to join on wed or thurs and get free salary for 2 says on sat and sun. If you are in off role and go to on role they will take away 2 day salary. All plans to cost cutting is from employees salary. They have a access to provide you with work from home on storm / corona like situations. But if you are going to a family tour and you ask work from home access they will feel kanjos to give you because that access costs 500 per day.

Salary - Poor

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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IndusInd Bank Underwriting Executive Salary FAQs

What is the notice period for Underwriting Executive at IndusInd Bank in Mumbai?

According to AmbitionBox, 100% of the IndusInd Bank Underwriting Executives in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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IndusInd Bank Underwriting Executive Salaries in Mumbai

IndusInd Bank Underwriting Executive salary in Mumbai ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of IndusInd Bank.