Assistant Underwriter

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Assistant Underwriter Salary in India (Updated 2025)

based on 63 latest salaries • updated: 14 Jan 2025
Select an experience to get the exact salary

Annual salary range

₹2 Lakhs - ₹9.6 Lakhs

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Assistant Underwriter Salary in India ranges between ₹2 Lakhs to ₹9.6 Lakhs for 1 year of experience to 11 years of experience. Salary estimates are based on 63 latest salaries received from Assistant Underwriter.

Latest annual salaries shared by Assistant Underwriters

2mo ago

Care Health Insurance

Assistant Underwriter

6 years exp.

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2mo ago

Genpact

Assistant Underwriter

3 years exp.

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5mo ago

Royal Sundaram General Insurance

Assistant Underwriter

6 years exp.

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6mo ago

Royal Sundaram General Insurance

Assistant Underwriter

5 years exp.

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9mo ago

Saudi Arabian Cooperative Insurance Company

Assistant Underwriter

7 years exp.

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9mo ago

Royal Sundaram General Insurance

Assistant Underwriter

9 years exp.

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1y ago

Aditya Birla Health Insurance Co

Assistant Underwriter

4 years exp.

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1y ago

Care Health Insurance

Assistant Underwriter

3 years exp.

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1y ago

Royal Sundaram General Insurance

Assistant Underwriter

6 years exp.

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1y ago

Aditya Birla Health Insurance Co

Assistant Underwriter

5 years exp.

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Assistant Underwriter salaries by

Years of experience Avg. annual salary
1 year
(3 salaries)
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₹2.4 L/yr - ₹3.5 L/yr

2 years
(7 salaries)
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₹2.1 L/yr - ₹25 L/yr

3 years
(12 salaries)
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₹1.6 L/yr - ₹4.8 L/yr

4 years
(9 salaries)
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₹2.5 L/yr - ₹6 L/yr

5 years
(9 salaries)
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₹2.4 L/yr - ₹5.1 L/yr

View all salaries by experience

Assistant Underwriter Jobs in India

Assistant Underwriter

· 3-6 years

XL India Business Services Pvt. Ltd.

·
3.7

Mumbai

View all Assistant Underwriter jobs

Assistant Underwriter Salary By Locations

Locations Avg. annual salary
New Delhi
Assistant Underwriter
2 - 11 years exp.
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₹2.1 L/yr - ₹25 L/yr

Mumbai
Assistant Underwriter
1 - 10 years exp.
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₹1.3 L/yr - ₹5.1 L/yr

Pune
Assistant Underwriter
1 - 10 years exp.
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₹2.2 L/yr - ₹4.5 L/yr

Bangalore / Bengaluru
Assistant Underwriter
4 - 9 years exp.
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₹2.5 L/yr - ₹6.8 L/yr

Visakhapatnam
Assistant Underwriter
4 - 11 years exp.
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₹3.5 L/yr - ₹4.3 L/yr

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Assistant Underwriter Salary By Industries

Industries Avg. annual salary

Financial Services

Assistant Underwriter
1 - 11 years exp.
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₹2 L/yr - ₹9.6 L/yr

Insurance

Assistant Underwriter
1 - 11 years exp.
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₹1.8 L/yr - ₹7 L/yr

IT Services & Consulting

Assistant Underwriter
1 - 10 years exp.
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₹2.5 L/yr - ₹4.1 L/yr

Banking / Insurance / Accounting

Assistant Underwriter
2 - 7 years exp.
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₹3 L/yr - ₹25 L/yr

EdTech

Assistant Underwriter
3 - 5 years exp.
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₹2.6 L/yr - ₹4.6 L/yr

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Frequently Asked Questions (FAQS) about Assistant Underwriter Salaries

What is the salary of a Assistant Underwriter in India?
The salary of a Assistant Underwriter in India varies based on experience, location, company & Industry. On average, Assistant Underwriter salaries ranges from ₹2.0 Lakhs to ₹9.6 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹2.0 Lakhs to ₹9.6 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 63 salaries received from various Assistant Underwriters across industries.
What are the top paying cities for Assistant Underwriter in India?
The annual salary for Assistant Underwriter in India varies by location. Top paying cities for Assistant Underwriter are
Assistant Underwriter Salary in Bangalore / Bengaluru ₹2.5 Lakhs to ₹6.8 Lakhs per year
Assistant Underwriter Salary in New Delhi ₹2.1 Lakhs to ₹25.0 Lakhs per year
Assistant Underwriter Salary in Mumbai ₹1.3 Lakhs to ₹5.1 Lakhs per year
Assistant Underwriter Salary in Gurgaon / Gurugram ₹2.6 Lakhs to ₹4.5 Lakhs per year
Assistant Underwriter Salary in Madurai ₹4.0 Lakhs to ₹5.1 Lakhs per year
Salary expectations for Assistant Underwriter may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Assistant Underwriter in India?
Top 5 paying Industries for Assistant Underwriter in India are:
Assistant Underwriter Salary in Software Product ₹2.5 Lakhs to ₹6.8 Lakhs per year
Assistant Underwriter Salary in Banking / Insurance / Accounting ₹3.0 Lakhs to ₹25.0 Lakhs per year
Assistant Underwriter Salary in Internet ₹3.5 Lakhs to ₹4.5 Lakhs per year
Assistant Underwriter Salary in FinTech ₹3.5 Lakhs to ₹4.8 Lakhs per year
Assistant Underwriter Salary in BPO ₹2.5 Lakhs to ₹4.5 Lakhs per year
How does experience affect salaries of a Assistant Underwriter in India?
Experience significantly impacts a Assistant Underwriter salary in India. Salaries increase with experience, as Assistant Underwriter take on more complex tasks, responsibilities, and leadership roles. Assistant Underwriter salary at different experience level are as follows:
Experience Average Salary Range
1 year ₹2.4 Lakhs to ₹3.5 Lakhs per year
2 years ₹2.1 Lakhs to ₹25.0 Lakhs per year
3 years ₹1.6 Lakhs to ₹4.8 Lakhs per year
4 years ₹2.5 Lakhs to ₹6.0 Lakhs per year
and so on.

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