PolicyBazaar Senior Underwriter Salaries by 4 Employees (Updated 2025)

1 - 2 years exp.

₹4 Lakhs - ₹5.2 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

33% less than the average Senior Underwriter Salary in Internet Companies for 1 - 2 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Underwriter Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.7 L/yr
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BFSI, Investments & Trading Senior Underwriter Salary 2 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.1 L/yr

Last Updated: 18 Feb 2025

Companies similar to PolicyBazaar for Senior Underwriter

Company name	Avg Annual Salary	Open Jobs
Care Health Insurance Senior Underwriter Salary 4 - 7 years exp. (3 salaries)	₹5.3 L/yr - ₹10.2 L/yr 60% more
Wipro Senior Underwriter Salary 3 - 9 years exp. (141 salaries)	₹3.5 L/yr - ₹10 L/yr 35% more
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SitusAMC Senior Underwriter Salary 6 - 15 years exp. (135 salaries)	₹5 L/yr - ₹15 L/yr 91% more
Firstsource Solutions Senior Underwriter Salary 3 - 11 years exp. (87 salaries)	₹3.2 L/yr - ₹12 L/yr 35% more
VERITY GLOBAL SOLUTIONS Senior Underwriter Salary 4 - 13 years exp. (48 salaries)	₹4.6 L/yr - ₹13 L/yr 81% more

Senior Underwriter salary at PolicyBazaar ranges between ₹4 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of PolicyBazaar.

Experience wise PolicyBazaar Senior Underwriter salaries

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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2 years (3 salaries)	₹4 L/yr - ₹5.2 L/yr

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Salary related reviews for PolicyBazaar

Customer Service Executive in Gurgaon / Gurugram

Full Time

CSR & Social Service Department

3.0

• posted on 01 Feb 2025

3.0

for Salary and Benefits

Likes

I like only my work nothing else because seniors are not supportive, sometimes I faced it's very hard to take breaks even if we need to go for lunch and there is too much call flow, seniors are just like that we don't care it's are duty to not to drop a single call in between employees are facing hustle to take breaks, we need to ask 1000 times and if employees mark break in their system without asking so senior mark an email against him or her, and max times I personally felt that seniors have something personal in there Head for me because they never ever allow me for any break, I always have to ask 10-15 times then these people are like "ok you can go". I've some medical issues, and I always ready to provide my medical doc. But my senior is like " this is not valid, anyone can make this *means if I'm providing a doc. Even it is single page but Dr's stamp is there then after, they always have some problem and work culture is also got worst these days.

Job security - Good

+1 more

Dislikes

...home because there is work flow and this extra time never consider as over time. They are planning for how to cut salary of employees but also not planning how to increase salary. I'm submitting this but please don't discover my name anywhere coz no one wants to speak about al these things.

Work-life balance - Poor

Customer Support Executive in Gurgaon / Gurugram

Full Time

Other Department

5.0

• posted on 24 Jan 2025

5.0

for Salary and Benefits

Likes

Policybazaar.com is the great company because salary and incentive is too good and good platform for freshers.I will always feel that one time I was a part of this company

Salary - Excellent

+1 more

Dislikes

Culture and environment is not good, there is no value of honest and discipline people

Job security - Bad

+3 more

Team Lead in Mumbai

Full Time

Teaching & Training Department

4.0

• posted on 26 Dec 2024

5.0

for Salary and Benefits

Likes

This company is the best in terms of Salary and Incentives.. If your only aim is Money than No one can beat Policy bazaar.. I have personally seen hard working people taking incentive of over 2 lakhs on average regularly.. You can clear your Debt in the shortest period possible..

Salary - Excellent

+1 more

Dislikes

Money Comes the hard way.. No one can earn money by working 8 hours only.. Having said that you have to work 10-12 Hours to earn that extra Money

Work-life balance - Bad

Operations Manager in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 18 Nov 2024

5.0

for Salary and Benefits

Likes

...ssional and personal life, managers do understand give space to perform At same time it pays well in terms of salary and incentives

Salary - Excellent

+6 more

Dislikes

Nothing

Quality Analyst in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 11 Nov 2024

4.0

for Salary and Benefits

Likes

Mostly the thing that I love working in this organisation is getting salary on time without and discrepancy.

Salary - Good

+2 more

Dislikes

Work pressure, No work life balance, Delay in promotions are the two major factors for disliking as of now.

Promotions - Poor

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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PolicyBazaar Senior Underwriter Salary FAQs

What is the salary of Senior Underwriter at PolicyBazaar ?

The average salary of a Senior Underwriter at PolicyBazaar in India typically ranges from ₹4.0 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Senior Underwriter at PolicyBazaar earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Senior Underwriter Salaries at PolicyBazaar 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 PolicyBazaar employees in India.

What is the estimated take home salary of a Senior Underwriter at PolicyBazaar in India?

The estimated take-home salary of a Senior Underwriter at PolicyBazaar in India typically ranges from ₹38,476 to ₹39,664 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 1 year to 2 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 PolicyBazaar. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than PolicyBazaar for Senior Underwriter in India?

SitusAMC	₹5.0 Lakhs to ₹15.0 Lakhs per year
VERITY GLOBAL SOLUTIONS	₹4.6 Lakhs to ₹13.0 Lakhs per year
Care Health Insurance	₹5.3 Lakhs to ₹10.2 Lakhs per year
Firstsource Solutions	₹3.2 Lakhs to ₹12.0 Lakhs per year
Wipro	₹3.5 Lakhs to ₹10.0 Lakhs per year

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

How the salary growth look like for a Senior Underwriter at PolicyBazaar in India?

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

Experience	Average Salary Range
1 year	₹4.7 Lakhs to ₹6.0 Lakhs per year
2 years	₹4.0 Lakhs to ₹5.2 Lakhs per year

and so on.

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PolicyBazaar Senior Underwriter Salaries

PolicyBazaar Senior Underwriter salary in India ranges between ₹4 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 PolicyBazaar latest salaries received from various employees of PolicyBazaar.