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Assistant Underwriting Manager

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Assistant Underwriting Manager Salary in India (Updated 2025)

based on 14 latest salaries • updated: 8 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹3.9 Lakhs - ₹50 Lakhs

Moderate Confidence
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Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Assistant Underwriting Manager Salary in India ranges between ₹3.9 Lakhs to ₹50 Lakhs for 4 years of experience to 14 years of experience. Salary estimates are based on 14 latest salaries received from Assistant Underwriting... Read More

Latest annual salaries shared by Assistant Underwriting Managers

3w ago

Care Health Insurance

Assistant Underwriting Manager

4 years exp.

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1mo ago

Genpact

Assistant Underwriting Manager

1 year exp.

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1mo ago

Oman Qatar Insurance Company

Assistant Underwriting Manager

14 years exp.

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1mo ago

Royal Sundaram General Insurance

Assistant Underwriting Manager

14 years exp.

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2mo ago

Satyaom Insurance Brokers

Assistant Underwriting Manager

5 years exp.

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4mo ago

Royal Sundaram General Insurance

Assistant Underwriting Manager

11 years exp.

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4mo ago

Royal Sundaram General Insurance

Assistant Underwriting Manager

9 years exp.

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6mo ago

Allica Bank

Assistant Underwriting Manager

6 years exp.

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8mo ago

Royal Sundaram General Insurance

Assistant Underwriting Manager

6 years exp.

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1y ago

Royal Sundaram General Insurance

Assistant Underwriting Manager

5 years exp.

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View all latest salaries

Assistant Underwriting Manager salaries by

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

4 years
(3 salaries)
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₹3.9 L/yr - ₹7.6 L/yr

5 years
(2 salaries)
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₹4.5 L/yr - ₹8.4 L/yr

6 years
(1 salaries)
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₹12 L/yr - ₹12 L/yr

7 years
(2 salaries)
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₹5.4 L/yr - ₹6.7 L/yr

View all salaries by experience

Similar Designation Salary

Similar Designation Avg. annual salary
Underwriting Manager Salary
2 - 14 years exp.
(332 salaries)
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₹3.3 L/yr - ₹19.9 L/yr

Assistant Manager Salary
2 - 13 years exp.
(6L salaries)
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₹3 L/yr - ₹17 L/yr

Associate Manager Salary
3 - 15 years exp.
(58.2k salaries)
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₹4.3 L/yr - ₹30 L/yr

Area Credit Manager Salary
4 - 14 years exp.
(4.5k salaries)
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₹5.4 L/yr - ₹19.3 L/yr

Assistant Vice President Salary
8 - 20 years exp.
(38.8k salaries)
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₹13.4 L/yr - ₹44.3 L/yr

View more similar designations

Frequently Asked Questions (FAQS) about Assistant Underwriting Manager Salaries

What is the salary of a Assistant Underwriting Manager in India?
The salary of a Assistant Underwriting Manager in India varies based on experience, location, company & Industry. On average, Assistant Underwriting Manager salaries ranges from ₹3.9 Lakhs to ₹50.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹3.9 Lakhs to ₹50.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 14 salaries received from various Assistant Underwriting Managers across industries.
What are the top paying cities for Assistant Underwriting Manager in India?
The annual salary for Assistant Underwriting Manager in India varies by location. Top paying cities for Assistant Underwriting Manager are
Assistant Underwriting Manager Salary in New Delhi ₹3.5 Lakhs to ₹6.7 Lakhs per year
Assistant Underwriting Manager Salary in Kolkata ₹7.6 Lakhs to ₹12.0 Lakhs per year
Assistant Underwriting Manager Salary in Mumbai ₹5.2 Lakhs to ₹7.7 Lakhs per year
Assistant Underwriting Manager Salary in Pune ₹3.5 Lakhs to ₹6.2 Lakhs per year
Assistant Underwriting Manager Salary in Gurgaon / Gurugram ₹5.7 Lakhs to ₹7.2 Lakhs per year
Salary expectations for Assistant Underwriting Manager may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Assistant Underwriting Manager in India?
Top 5 paying Industries for Assistant Underwriting Manager in India are:
Assistant Underwriting Manager Salary in Financial Services ₹3.9 Lakhs to ₹50.0 Lakhs per year
Assistant Underwriting Manager Salary in Insurance ₹3.9 Lakhs to ₹8.4 Lakhs per year
Assistant Underwriting Manager Salary in IT Services & Consulting ₹3.2 Lakhs to ₹4.5 Lakhs per year
Assistant Underwriting Manager Salary in Banking / Insurance / Accounting ₹45.0 Lakhs to ₹57.5 Lakhs per year
Assistant Underwriting Manager Salary in EdTech ₹3.2 Lakhs to ₹4.0 Lakhs per year
How does experience affect salaries of a Assistant Underwriting Manager in India?
Experience significantly impacts a Assistant Underwriting Manager salary in India. Salaries increase with experience, as Assistant Underwriting Manager take on more complex tasks, responsibilities, and leadership roles. Assistant Underwriting Manager salary at different experience level are as follows:
Experience Average Salary Range
1 year ₹3.5 Lakhs to ₹3.5 Lakhs per year
4 years ₹3.9 Lakhs to ₹7.6 Lakhs per year
5 years ₹4.5 Lakhs to ₹8.4 Lakhs per year
6 years ₹12.0 Lakhs to ₹12.0 Lakhs per year
and so on.

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