Upload Button Icon Add office photos
filter salariesFilter salaries by

SBI Life Insurance Company Senior Underwriter salaries in India

Annual salary range
5 - 15 years exp.
₹3 Lakhs - ₹8.5 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

35% less than the average Senior Underwriter Salary in Insurance Companies for 5 - 15 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Senior Underwriter Salary
5 - 15 years exp. (AmbitionBox Estimate)
unlock-blur

₹5 L/yr - ₹8.5 L/yr

Finance & Accounting
Senior Underwriter Salary
5 - 7 years exp. (AmbitionBox Estimate)
unlock-blur

₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 9 May 2023

Companies similar to SBI Life Insurance Company for Senior Underwriter

Company name Avg Annual Salary Open Jobs
unlock blur

₹3 L/yr - ₹4.7 L/yr

arrow icon 16% less
Logo
HDFC Life Senior Underwriter Salary

3 - 6 years exp. (4 salaries)

unlock blur

₹3.4 L/yr - ₹4.1 L/yr

arrow icon 26% less
Logo
Max Life Insurance Senior Underwriter Salary

3 - 6 years exp. (4 salaries)

unlock blur

₹2.9 L/yr - ₹5.5 L/yr

arrow icon 22% less
Logo
MetLife Senior Underwriter Salary

8 - 13 years exp. (4 salaries)

unlock blur

₹6 L/yr - ₹7 L/yr

arrow icon 31% more
Logo
Gallagher Senior Underwriter Salary

4 - 7 years exp. (4 salaries)

unlock blur

₹4.4 L/yr - ₹8.3 L/yr

arrow icon 36% more
unlock blur

₹2.8 L/yr - ₹3.6 L/yr

arrow icon 36% less
unlock blur

₹5.3 L/yr - ₹10.2 L/yr

arrow icon 68% more
Senior Underwriter salary at SBI Life Insurance Company ranges between ₹3 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Senior Underwriter

1y ago
avg blur mobile
7 years exp.
1y ago
avg blur mobile
15 years exp.
1y ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
5 years exp.

Experience wise SBI Life Insurance Company Senior Underwriter salaries

Last Updated: 9 May 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

unlock blur

₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹2.7 L/yr - ₹3.5 L/yr
15+ years (AmbitionBox Estimate)

unlock blur

₹7.7 L/yr - ₹9.8 L/yr

Similar Designation salaries in SBI Life Insurance Company

Senior Associate Salary
(538 salaries)
unlock blur
₹2 L/yr - ₹6.75 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
unlock blur
₹9 L/yr - ₹11.5 L/yr
Team Manager Salary
(8 salaries)
unlock blur
₹7.5 L/yr - ₹17.4 L/yr
Senior Process Associate Salary
(AmbitionBox Estimate)
unlock blur
₹4.3 L/yr - ₹5.5 L/yr
Deputy Manager Salary
(41 salaries)
unlock blur
₹2.2 L/yr - ₹10 L/yr
unlock blur
₹3.6 L/yr - ₹13 L/yr
unlock blur
₹3.8 L/yr - ₹4.5 L/yr
Team Lead Salary
(12 salaries)
unlock blur
₹2.3 L/yr - ₹4.8 L/yr
Analyst Salary
(4 salaries)
unlock blur
₹4.2 L/yr - ₹7.95 L/yr
unlock blur
₹1.2 L/yr - ₹3.5 L/yr

Salary related reviews for SBI Life Insurance Company

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 30 May 2022

3.0
 for  Salary and Benefits

Likes

Average work environment and culture . Teammates are supportive and the management is selfish. Company policies are bad . Appraisals not fair in this company.

read more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Apr 2018

3.0
 for  Salary and Benefits

Likes

Company is

Dislikes

Company is good but as per process of career growth, it is very slow. Company's salary structure is also not good. My salary is less than a person who is coming on my position which I had before 2 years

read more

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Oct 2020

5.0
 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 salary hike and bonus every year.

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 02 Dec 2024

2.0
 for  Salary and Benefits

Likes

Hr policy is very good of sbi life but Regional HR is Doll of Regional Director and Regional. Sbi life is a good Company like Government job for Back office employees like sales support, Operations department, Account Department, L&D Department and all Non Sales Employees. For Sales person QVP is Good if you have Good Branches and CIF

read more

Dislikes

...e those persons who are working in other companies and switching multiple times. A New Employee can get salary more then those employees who are working here from last 8 Year. Due to state bank sbi life is working other there is no respect of sbi life. Promotion norm is very hard, Increment norms is very bed. Over all this company is only for Lucky person like if you got a great cif or branches a temporary staff can do business. Over all this is very bed company for sales person due to QVP people stay here if Company announced there is no QVP 80% of Employees will left this company.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Jan 2024

1.0
 for  Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

read more

Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

SBI Life Insurance Company Senior Underwriter Salary FAQs

What is the salary of Senior Underwriter at SBI Life Insurance Company?
Senior Underwriter salary at SBI Life Insurance Company in India ranges between ₹3.0 Lakhs to ₹8.5 Lakhs for experience between 5 years to 15 years. According to our estimates it is 35% less than the average Senior Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Senior Underwriter at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Senior Underwriter at SBI Life Insurance Company is 35% less than the average salary of a Senior Underwriter in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Senior Underwriter in India?
  • Care Health Insurance Senior Underwriter Salary - ₹5.3 Lakhs to ₹10.2 Lakhs per year
  • Gallagher Senior Underwriter Salary - ₹4.4 Lakhs to ₹8.3 Lakhs per year
  • MetLife Senior Underwriter Salary - ₹6.0 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Senior Underwriter in companies similar to SBI Life Insurance Company in India?
  • ICICI Prudential Life Insurance Senior Underwriter Salary - ₹3.0 Lakhs to ₹4.7 Lakhs per year
  • Max Life Insurance Senior Underwriter Salary - ₹2.9 Lakhs to ₹5.5 Lakhs per year
  • HDFC Life Senior Underwriter Salary - ₹3.4 Lakhs to ₹4.1 Lakhs per year
  • Star Health & Allied Insurance Senior Underwriter Salary - ₹2.8 Lakhs to ₹3.6 Lakhs per year
What is the estimated take home salary of a Senior Underwriter at SBI Life Insurance Company in India?
The estimated take-home salary of a Senior Underwriter at SBI Life Insurance Company ranges between ₹36,459 per month to ₹37,677 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Senior Underwriter salary in India which ranges between ₹3.0 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Senior Underwriter at SBI Life Insurance Company?
According to AmbitionBox, 100% of the SBI Life Insurance Company Senior Underwriters reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Senior Underwriter salary in India ranges between ₹3 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.