Assistant Manager Underwriting
Annual salary range
₹4.1 Lakhs - ₹11.5 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byAssistant Manager Underwriting Salary in Mumbai (Updated 2025)
based on 32
latest salaries
• updated:
8 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Assistant Manager Underwriting Salary in Mumbai ranges between ₹4.1 Lakhs to ₹11.5 Lakhs for 2 years of experience to 12 years of experience. Salary estimates are based on 32 latest salaries received from Assistant Manager...
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
7 -
18
yrs
exp.
.
Mumbai
(6 salaries)
|
₹6.4 L/yr - ₹11.5 L/yr | 2 job openings |
2 -
6
yrs
exp.
.
Mumbai
(5 salaries)
|
₹5.1 L/yr - ₹7 L/yr | |
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| ||
5 -
6
yrs
exp.
.
Mumbai
(3 salaries)
|
₹6 L/yr - ₹6.2 L/yr | |
1 -
2
yrs
exp.
.
Mumbai
(3 salaries)
|
₹2.9 L/yr - ₹3.2 L/yr | 10 job openings |
2 -
3
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹4.7 L/yr - ₹6 L/yr | |
4 -
15
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹6.9 L/yr - ₹9 L/yr | |
6 -
9
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹7.1 L/yr - ₹9.1 L/yr | |
0 -
1
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹2.9 L/yr | |
Login to view exact salary
| ||
9 -
11
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹7.5 L/yr - ₹8.4 L/yr | |
8 -
9
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹4.8 L/yr - ₹5.2 L/yr | |
Latest annual salaries shared by Assistant Manager Underwritings
1w ago
SecureNow Insurance Broker
Assistant Manager Underwriting
3 years exp.
3w ago
GrowQ
Assistant Manager Underwriting
6 years exp.
4w ago
Altisource
Assistant Manager Underwriting
9 years exp.
4w ago
IndiaFirst Life Insurance
Assistant Manager Underwriting
6 years exp.
4w ago
HSBC Group
Assistant Manager Underwriting
6 years exp.
1mo ago
PolicyBazaar
Assistant Manager Underwriting
7 years exp.
1mo ago
Visionet Systems
Assistant Manager Underwriting
13 years exp.
2mo ago
Beacon Insurance Brokers
Assistant Manager Underwriting
4 years exp.
2mo ago
Star Health & Allied Insurance
Assistant Manager Underwriting
11 years exp.
2mo ago
Infinity Data Technologies
Assistant Manager Underwriting
13 years exp.
View all latest salaries
Assistant Manager Underwriting salaries by
| Years of experience | Avg. annual salary |
|---|---|
2
years
(4
salaries)
|  ₹3 L/yr - ₹7 L/yr |
3
years
(3
salaries)
| ₹5.3 L/yr - ₹8.2 L/yr |
Login to view exact salary
| |
4
years
(5
salaries)
| ₹4.1 L/yr - ₹6.9 L/yr |
5
years
(6
salaries)
| ₹4.2 L/yr - ₹11.5 L/yr |
6
years
(4
salaries)
| ₹5.2 L/yr - ₹8.5 L/yr |
View all salaries by experience
Assistant Manager Underwriting Jobs in Mumbai
Assistant Manager Underwriting
· 2-3 years
BAJAJ FINANCIAL SECURITIES LIMITED
New Delhi
Assistant Manager Underwriting
· 2-3 years
Bajaj Finserv Ltd.
New Delhi
Assistant Manager Underwriting
· 6-9 years
Tata AIA Life Insurance Company Ltd.
Thane
Top skills for Assistant Manager Underwriting
15 Assistant Manager Underwriting jobs demanding these
skills
Assistant Manager Underwriting Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Assistant Manager Underwriting
2 -
11
years
exp.
| ₹3 L/yr - ₹14.4 L/yr |
Bangalore / Bengaluru
Assistant Manager Underwriting
2 -
13
years
exp.
| ₹4.5 L/yr - ₹13.5 L/yr |
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| |
Gurgaon / Gurugram
Assistant Manager Underwriting
5 -
12
years
exp.
| ₹5 L/yr - ₹14 L/yr |
Hyderabad / Secunderabad
Assistant Manager Underwriting
4 -
13
years
exp.
| ₹4.2 L/yr - ₹7.8 L/yr |
Pune
Assistant Manager Underwriting
2 -
12
years
exp.
| ₹4.8 L/yr - ₹14 L/yr |
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Assistant Manager Underwriting Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Assistant Manager Underwriting
2 -
13
years
exp.
| ₹3 L/yr - ₹13.5 L/yr |
Insurance Assistant Manager Underwriting
2 -
13
years
exp.
| ₹4.1 L/yr - ₹11.5 L/yr |
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| |
IT Services & Consulting Assistant Manager Underwriting
2 -
13
years
exp.
| ₹4.2 L/yr - ₹15.2 L/yr |
Banking / Insurance / Accounting Assistant Manager Underwriting
2 -
11
years
exp.
| ₹3 L/yr - ₹14.4 L/yr |
Banking Assistant Manager Underwriting
3 -
12
years
exp.
| ₹3.5 L/yr - ₹6.1 L/yr |
View More
Frequently Asked Questions (FAQS) about Assistant Manager Underwriting Salaries
What is the salary of a Assistant Manager Underwriting in India?
The salary of a Assistant Manager Underwriting in India varies based on experience, location, company & Industry.
On average, Assistant Manager Underwriting salaries ranges from ₹4.1 Lakhs to ₹11.5 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹4.1 Lakhs to ₹11.5 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 32 salaries received from various Assistant Manager Underwritings across industries.
The average starting salary is around ₹4.1 Lakhs to ₹11.5 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 32 salaries received from various Assistant Manager Underwritings across industries.
What are the top paying cities for Assistant Manager Underwriting in India?
The annual salary for Assistant Manager Underwriting in India varies by location. Top paying cities for Assistant Manager Underwriting are
Salary expectations for Assistant Manager Underwriting may vary based on job roles, experience, and specific employer requirements.
| Assistant Manager Underwriting Salary in New Delhi | ₹3.0 Lakhs to ₹14.4 Lakhs per year |
| Assistant Manager Underwriting Salary in Bangalore / Bengaluru | ₹4.5 Lakhs to ₹13.5 Lakhs per year |
| Assistant Manager Underwriting Salary in Gurgaon / Gurugram | ₹5.0 Lakhs to ₹14.0 Lakhs per year |
| Assistant Manager Underwriting Salary in Hyderabad / Secunderabad | ₹4.2 Lakhs to ₹7.8 Lakhs per year |
| Assistant Manager Underwriting Salary in Pune | ₹4.8 Lakhs to ₹14.0 Lakhs per year |
What are the top paying industries for Assistant Manager Underwriting in India?
Top 5 paying Industries for Assistant Manager Underwriting in India are:
| Assistant Manager Underwriting Salary in Financial Services | ₹3.0 Lakhs to ₹13.5 Lakhs per year |
| Assistant Manager Underwriting Salary in Insurance | ₹4.1 Lakhs to ₹11.5 Lakhs per year |
| Assistant Manager Underwriting Salary in IT Services & Consulting | ₹4.2 Lakhs to ₹15.2 Lakhs per year |
| Assistant Manager Underwriting Salary in Banking / Insurance / Accounting | ₹3.0 Lakhs to ₹14.4 Lakhs per year |
| Assistant Manager Underwriting Salary in Banking | ₹3.5 Lakhs to ₹6.1 Lakhs per year |
How does experience affect salaries of a Assistant Manager Underwriting in India?
Experience significantly impacts a Assistant Manager Underwriting salary in India. Salaries increase with experience, as Assistant Manager Underwriting take on more complex tasks, responsibilities, and leadership roles.
Assistant Manager Underwriting salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹3.0 Lakhs to ₹7.0 Lakhs per year |
| 3 years | ₹5.3 Lakhs to ₹8.2 Lakhs per year |
| 4 years | ₹4.1 Lakhs to ₹6.9 Lakhs per year |
| 5 years | ₹4.2 Lakhs to ₹11.5 Lakhs per year |
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