So he really didn't understand it when he made up the equations. And frankly, you cannot convince me he or anyone understood and understands how light bends. But I asked metis another question about this, which I will pose to you. That is, do you really think and believe that Einstein understood the famous equation e=mc2 when he made that up?
Maybe you are just using the word 'understand' in a different way than I am. Light 'bends' because spacetime is curved. It is analogous to how an long distance airplane path is curved because of the curvature of the Earth. So, a airplane trip from Chicago to Peking goes close to the north pole.
As far as E=mc^2 goes, what is there to understand? It gives an energy equivalence to a certain amount of mass. It is generalized to E^2 =m^2 c^4 +p^2 c^2 for things that are moving with momentum p. And Einstein derived this more general equation as well. These are easy to use and are in common use in nuclear physics (for example).
Did Einstein understand that this equation would be used to build nuclear bombs when he first wrote it? Almost certainly not. Did he realize it was revolutionary? Absolutely.