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PolicyBazaar Underwriter salaries in New Delhi (Updated 2025)

Annual salary range
0 - 5 years exp.
₹2.5 Lakhs - ₹5 Lakhs
Salary of majority employees
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30% less than the average Underwriter Salary in Internet Companies for 0 - 5 years of experience

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Salaries in different departments

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

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

Risk Management & Compliance
Underwriter Salary
3 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹5 L/yr

Finance & Accounting
Underwriter Salary
2 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.8 L/yr

Last Updated: 22 Mar 2025

Companies similar to PolicyBazaar for Underwriter in New Delhi

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PolicyBazaar Underwriter Salary

0 - 5 years exp. (11 salaries)

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₹2.5 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Care Health Insurance Underwriter Salary

1 - 5 years exp. (3 salaries)

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₹3.2 L/yr - ₹4.6 L/yr

arrow icon 2% less
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SitusAMC Underwriter Salary

3 - 12 years exp. (25 salaries)

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₹4.8 L/yr - ₹10.5 L/yr

arrow icon 83% more
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Biz 2 Credit Info Services Underwriter Salary

0 - 5 years exp. (19 salaries)

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₹2.5 L/yr - ₹8 L/yr

arrow icon 9% more
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Genpact Underwriter Salary

1 - 6 years exp. (18 salaries)

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₹2.4 L/yr - ₹5.6 L/yr

arrow icon 3% less
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₹2 L/yr - ₹6.2 L/yr

arrow icon 1% less
2 job openings
Underwriter salary at PolicyBazaar ranges between ₹2.5 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 11 latest salaries received from various employees of PolicyBazaar.

Latest annual salaries shared by PolicyBazaar Underwriter in New Delhi

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Experience wise PolicyBazaar Underwriter salaries in New Delhi

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹2.5 L/yr - ₹4.5 L/yr
1 year (AmbitionBox Estimate)

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

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₹2.6 L/yr - ₹7.3 L/yr
3 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
View all

Similar Designation salaries in PolicyBazaar

Team Lead Salary
(97 salaries)
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₹3.45 L/yr - ₹9.36 L/yr
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₹2.05 L/yr - ₹7.24 L/yr
Deputy Manager Salary
(12 salaries)
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₹9 L/yr - ₹13 L/yr
Analyst Salary
(6 salaries)
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₹4 L/yr - ₹5.5 L/yr
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₹4 L/yr - ₹5.2 L/yr
Senior Analyst Salary
(3 salaries)
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₹7.5 L/yr - ₹10 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

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

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 18 Feb 2025

4.0
 for  Salary and Benefits

Likes

Salary hike and appraisals are good

  • Salary - Good
  • +2 more

Dislikes

The work culture and management is very bad . To be honest they support there favourite people, only they grow and people who work hard have no value here to be honest ,sending female employees home late they don't care about women Safety , no cab facility The chances are more for promotion but only if you gel well with seniors

read more
  • Work satisfaction - Bad
  • +2 more

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.

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  • 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.

read more
  • Work-life balance - Poor

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 30 Jan 2025

1.0
 for  Salary and Benefits

Likes

Now I don't like anything in pb because now company is only explotating employees. Not giving there hard work money be giving issues.

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Dislikes

No value for hard work, too much deduction in salary , no work life balance, too much pressure, bas work culture, harrasment by leaders, no leaves ,over all now company is not for work, it's only place for being exploited.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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PolicyBazaar Underwriter Salary FAQs

What is the salary of Underwriter at PolicyBazaar in New Delhi?
The average salary of a Underwriter at PolicyBazaar in New Delhi typically ranges from ₹2.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Underwriter in New Delhi at PolicyBazaar earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. 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 10+ PolicyBazaar employees in India.
What is the estimated take home salary of a Underwriter at PolicyBazaar in New Delhi?
The estimated take-home salary of a Underwriter at PolicyBazaar in New Delhi typically ranges from ₹30,906 to ₹32,207 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 10+ salaries received from various employees of PolicyBazaar. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Underwriter at PolicyBazaar in New Delhi?
To be a Underwriter at PolicyBazaar in New Delhi, the key skills required include:

  • - Underwriting
  • - Insurance Underwriting
  • - Marine Insurance
  • - Documentation
  • - General Insurance

These skills are highly valued at PolicyBazaar and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than PolicyBazaar for Underwriter in India?
SitusAMC ₹4.8 Lakhs to ₹10.5 Lakhs per year
Biz 2 Credit Info Services ₹2.5 Lakhs to ₹8.0 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.
What is the salary of a Underwriter in companies similar to PolicyBazaar in New Delhi?
The salary of a Underwriter at companies similar to PolicyBazaar in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Cards & Payment Services ₹2.0 Lakhs to ₹6.2 Lakhs per year
Care Health Insurance ₹3.2 Lakhs to ₹4.6 Lakhs per year
Genpact ₹2.4 Lakhs to ₹5.6 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 PolicyBazaar in New Delhi?
The salary growth for a Underwriter at PolicyBazaar in New Delhi depends on factors such as experience, performance, and promotions. On average, a Underwriter in New Delhi can expect the following growth trajectory at PolicyBazaar:

Experience Average Salary Range
Fresher ₹2.5 Lakhs to ₹4.5 Lakhs per year
1 year ₹2.6 Lakhs to ₹4.5 Lakhs per year
2 years ₹2.6 Lakhs to ₹7.3 Lakhs per year
3 years ₹4.2 Lakhs to ₹5.0 Lakhs per year
and so on.

Tell us how to improve this page.

PolicyBazaar Underwriter salary in New Delhi ranges between ₹2.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 PolicyBazaar latest salaries received from various employees of PolicyBazaar.