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3.6

based on 3.4k Reviews

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PolicyBazaar Underwriter salaries in India

Annual salary range
0 - 6 years exp.
₹2.5 Lakhs - ₹5 Lakhs
Salary of majority employees
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26% less than the average Underwriter Salary in Internet Companies for 0 - 6 years of experience

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Salaries in different departments

Risk Management & Compliance
Underwriter Salary
0 - 4 years exp. (6 salaries)
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₹3.2 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Underwriter Salary
0 - 5 years exp. (4 salaries)
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₹2.5 L/yr - ₹4.8 L/yr

Finance & Accounting
Underwriter Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹5 L/yr

Human Resources
Underwriter Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹4 L/yr

Last Updated: 8 Jan 2025

Companies similar to PolicyBazaar for Underwriter

Company name Avg Annual Salary Open Jobs
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RenewBuy Underwriter Salary

8 - 11 years exp. (3 salaries)

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₹5 L/yr - ₹6.3 L/yr

arrow icon 40% more
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SitusAMC Underwriter Salary

3 - 12 years exp. (358 salaries)

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₹3.5 L/yr - ₹11.1 L/yr

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Mphasis Underwriter Salary

2 - 9 years exp. (84 salaries)

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₹2.8 L/yr - ₹9 L/yr

arrow icon 45% more
4 job openings
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VERITY GLOBAL SOLUTIONS Underwriter Salary

2 - 9 years exp. (77 salaries)

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₹3.1 L/yr - ₹9.3 L/yr

arrow icon 53% more
1 job opening
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Accenture Underwriter Salary

0 - 4 years exp. (64 salaries)

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₹1.5 L/yr - ₹5.5 L/yr

arrow icon 19% less
Underwriter salary at PolicyBazaar ranges between ₹2.5 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 17 latest salaries received from various employees of PolicyBazaar.

Latest annual salaries shared by PolicyBazaar Underwriter

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Experience wise PolicyBazaar Underwriter salaries

Last Updated: 8 Jan 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹2.5 L/yr - ₹4.5 L/yr
1 year  (3 salaries)

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₹2.6 L/yr - ₹4.5 L/yr
2 years  (3 salaries)

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₹2.6 L/yr - ₹3.9 L/yr
3 years  (3 salaries)

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₹3 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹5 L/yr
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Similar Designation salaries in PolicyBazaar

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₹4 L/yr - ₹7.2 L/yr
Analyst Salary
(10 salaries)
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₹4 L/yr - ₹8.5 L/yr
Team Lead Salary
(364 salaries)
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₹3.1 L/yr - ₹12.2 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
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₹71.3 L/yr - ₹78.8 L/yr
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₹4.2 L/yr - ₹5 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
Senior Associate Salary
(160 salaries)
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₹2.3 L/yr - ₹7.24 L/yr
Senior Analyst Salary
(8 salaries)
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₹4.8 L/yr - ₹14 L/yr
Deputy Manager Salary
(49 salaries)
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₹8.7 L/yr - ₹18 L/yr
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₹5 L/yr - ₹10.22 L/yr

Top skills at PolicyBazaar for Underwriter

Underwriting Insurance Underwriting Marine Insurance Documentation General Insurance Inward Property Photo Editing Document Verification Employee Benefits Transportation eyeon fusion Marine Engineering Document Checking review

Salary related reviews for PolicyBazaar

4.0

Rated by 1 employees for salary & benefits

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..

read more
  • 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

read more
  • Work-life balance - Bad

Sales Department

1.0
  •  posted on 09 Oct 2022

3.0
 for  Salary and Benefits

Likes

Here you get salary on time. Apart from this nothing is here to like

Dislikes

No job security Poor Management process No clarity about job role No support from Reporting Manager/Seniors My suggestion to all employees who are willing to come from Insurance company. Never join this organisation. You will join after getting good hike but after 2 or 3 months you yourself will decide to resign or company will issue pip or take resignation from you. Policybazaar is doing HIRE & FIRE policy. Suppose If you survive here for 1 or 2 years then also no any insurance company will ready to select you. Farud company...

read more
  • Skill development - Bad
    +5 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 21 Jan 2025

5.0
 for  Salary and Benefits

Likes

I owe my life to it. Our company is good if someone wants to work without distraction. If you have a lot of expectations from your life but you are not ambitious and you are not willing to put efforts than don’t even think to join it. But if you dare to work out of your comfort zone without being allied to gossips and all the stuff then this is heaven. Our CEOs vision has envisioned my life that’s why I am so optimistic and positive about my company. I do my job as I am running my own business. The managers are not the bosses they are like my elder brothers.

read more
  • Salary - Excellent
    +6 more

Dislikes

It can be ignored after having so much. Few issues I don’t even pay attention towards them

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Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 21 Jan 2025

3.0
 for  Salary and Benefits

Likes

They are very good in incentive and paying salary on time

Dislikes

There work culture is worst there is no work life balance and people dont know how to talk to their subordinates they are treating people like a machine . Even the words which they used is terrible for the ears sometime and the work is also monotonous so no chance for learning

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  • Skill development - Bad
    +4 more

Full Time

 · 

Other Department

2.0
  •  posted on 17 Jan 2025

2.0
 for  Salary and Benefits

Likes

Salary on time

  • Job security - Excellent

Dislikes

I dislike about everything, the work culture is sick , they'll are make you sick by working in toxic culture,they have one agenda if you will to work on your weekoff ,I will provide you better leads flow so that you can complete their tasks,they will force you to work even if you have a high fever ,no humanity, I would suggest don't go there.

read more
  • Salary - Poor
    +5 more
see more salary related reviews

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PolicyBazaar Underwriter Salary FAQs

What is the salary of Underwriter at PolicyBazaar?
Underwriter salary at PolicyBazaar in India ranges between ₹2.5 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 26% less than the average Underwriter Salary in India. Salary estimates are based on 17 latest salaries received from various employees of PolicyBazaar India.
How does the salary of a Underwriter at PolicyBazaar India compare with the average salary range for this job?
The average salary of a Underwriter at PolicyBazaar is 26% less than the average salary of a Underwriter in India. To know exact salary insights, login to view.
What are the top skills required to work as a Underwriter at PolicyBazaar?
Underwriting, Insurance Underwriting, Marine Insurance, Documentation and General Insurance are some of the popular skills required to work as a Underwriter at PolicyBazaar India.
Which similar companies are paying more than PolicyBazaar to a Underwriter in India?
  • SitusAMC Underwriter Salary - ₹3.5 Lakhs to ₹11.1 Lakhs per year
  • VERITY GLOBAL SOLUTIONS Underwriter Salary - ₹3.1 Lakhs to ₹9.3 Lakhs per year
  • Mphasis Underwriter Salary - ₹2.8 Lakhs to ₹9.0 Lakhs per year
  • RenewBuy Underwriter Salary - ₹5.0 Lakhs to ₹6.3 Lakhs per year
What is the salary of a Underwriter in companies similar to PolicyBazaar in India?
  • Accenture Underwriter Salary - ₹1.5 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Underwriter at PolicyBazaar in India?
The estimated take-home salary of a Underwriter at PolicyBazaar ranges between ₹28,887 per month to ₹30,268 per month in India. The take-home salary calculation is based on the average PolicyBazaar Underwriter salary in India which ranges between ₹2.5 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Underwriter at PolicyBazaar?
According to AmbitionBox, 50% of the PolicyBazaar Underwriters reported a notice period of 1 Month, 45% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

PolicyBazaar Underwriter salary in India ranges between ₹2.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 PolicyBazaar latest salaries received from various employees of PolicyBazaar.