Associate Underwriter
Annual salary range
₹1.8 Lakh - ₹5 Lakhs
Low Confidence 
Low Confidence means the data is based on a small number of latest salaries.
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Filter salaries byAssociate Underwriter Salary in Chennai (Updated 2025)
based on 8
latest salaries
• updated:
23 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Associate Underwriter Salary in Chennai ranges between ₹1.8 Lakh to ₹5 Lakhs for 1 year of experience to 4 years of experience. Salary estimates are based on 8 latest salaries received from Associate Underwriter.
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
1 yr
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹1.8 L/yr - ₹3.6 L/yr | |
1 -
2
yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹1.9 L/yr - ₹2.5 L/yr | |
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| ||
7 yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹3.3 L/yr - ₹4.3 L/yr | |
3 yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹3.6 L/yr - ₹4.6 L/yr | |
|
3 yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹4.5 L/yr - ₹5.8 L/yr | |
4 yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹2.5 L/yr - ₹3.2 L/yr | |
Fresher
.
Chennai
(AmbitionBox Estimate)
|
₹2.2 L/yr - ₹2.8 L/yr | |
|
1 yr
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹2.9 L/yr | |
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| ||
Associate Underwriter salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(4
salaries)
|  ₹1.8 L/yr - ₹2.5 L/yr |
2
years
(1
salaries)
| ₹2.1 L/yr - ₹2.1 L/yr |
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| |
3
years
(2
salaries)
| ₹4 L/yr - ₹5 L/yr |
4
years
(1
salaries)
| ₹2.8 L/yr - ₹2.8 L/yr |
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Associate Manager Salary
3 -
15
years
exp.
(5.7k salaries)
| ₹3.8 L/yr - ₹27.3 L/yr |
Associate Analyst Salary
0 -
4
years
exp.
(1.1k salaries)
| ₹2 L/yr - ₹6 L/yr |
Login to view exact salary
| |
Associate Consultant Salary
1 -
12
years
exp.
(13.8k salaries)
| ₹3.3 L/yr - ₹19.9 L/yr |
Associate Salary
0 -
8
years
exp.
(27.5k salaries)
| ₹2 L/yr - ₹12 L/yr |
Assistant Manager Salary
2 -
13
years
exp.
(39.2k salaries)
| ₹3 L/yr - ₹15 L/yr |
View more similar designations
Salary related reviews by similar designations like Associate Underwriter
Mphasis
Finance Executive
• posted on 22 Oct 2023
Likes
In Mphasis company working all good and hard work and appreciate our work
- Skill development - Excellent
+4 more
Dislikes
Only salary not incremental and promotion after 1 year
Mphasis
Assistant Manager in Bangalore / Bengaluru
• posted on 06 Jun 2022
Likes
Good work environment and culture.
- Skill development - Excellent
+5 more
Dislikes
More salary package is offered for the outsiders than people who are struggling in Mphasis for more than 10 to 15 years.
read moreMphasis
Assistant Manager in Banagalore
• posted on 08 Sep 2022
Likes
Mphasis is a great place to work, and there are plenty of opportunities to learn. My managers and trainers was very supportive in each stage of learning.
read more- Skill development - Excellent
+4 more
Dislikes
Salary is something that I keep hearing which is not satisfactory as a result increase in Attrition.
read moreMphasis
Associate Underwriter in Pune
• posted on 30 Apr 2022
Likes
...good experience working with Mphasis. Company policies are better than anything. They give good salary hike and bonus every year.
read more- Salary - Excellent
+6 more
Mphasis
Associate in Mangaluru
• posted on 10 Dec 2019
Likes
Its a very good learning platform for freshers Work station was very beneficial with all the necessary requirements to gain product knowledge. It was great experience working with Mphasis.
read more- Salary - Good
+5 more
Dislikes
There was nothing like it is not proper according to me but I think interms of salary there was little issue hike was less that's it
read moreAssociate Underwriter Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Associate Underwriter
1 -
8
years
exp.
| ₹1.8 L/yr - ₹7.2 L/yr |
Pune
Associate Underwriter
1 -
8
years
exp.
| ₹3.4 L/yr - ₹5.2 L/yr |
Login to view exact salary
| |
Mumbai
Associate Underwriter
2 -
8
years
exp.
| ₹3 L/yr - ₹14 L/yr |
New Delhi
Associate Underwriter
1 -
5
years
exp.
| ₹3.2 L/yr - ₹8.8 L/yr |
Gurgaon / Gurugram
Associate Underwriter
1 -
3
years
exp.
| ₹2.9 L/yr - ₹12.3 L/yr |
View More
Associate Underwriter Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Associate Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹11 L/yr |
Insurance Associate Underwriter
1 -
5
years
exp.
| ₹1.8 L/yr - ₹6 L/yr |
Login to view exact salary
| |
IT Services & Consulting Associate Underwriter
1 -
8
years
exp.
| ₹2.3 L/yr - ₹8 L/yr |
Banking / Insurance / Accounting Associate Underwriter
1 -
8
years
exp.
| ₹1.8 L/yr - ₹11 L/yr |
Hardware & Networking Associate Underwriter
1 -
5
years
exp.
| ₹3.3 L/yr - ₹3.6 L/yr |
View More
Frequently Asked Questions (FAQS) about Associate Underwriter Salaries
What is the salary of a Associate Underwriter in India?
The salary of a Associate Underwriter in India varies based on experience, location, company & Industry.
On average, Associate Underwriter salaries ranges from ₹1.8 Lakhs to ₹5.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹1.8 Lakhs to ₹5.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 8 salaries received from various Associate Underwriters across industries.
The average starting salary is around ₹1.8 Lakhs to ₹5.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 8 salaries received from various Associate Underwriters across industries.
What are the top paying cities for Associate Underwriter in India?
The annual salary for Associate Underwriter in India varies by location. Top paying cities for Associate Underwriter are
Salary expectations for Associate Underwriter may vary based on job roles, experience, and specific employer requirements.
| Associate Underwriter Salary in Bangalore / Bengaluru | ₹1.8 Lakhs to ₹7.2 Lakhs per year |
| Associate Underwriter Salary in Pune | ₹3.4 Lakhs to ₹5.2 Lakhs per year |
| Associate Underwriter Salary in Mumbai | ₹3.0 Lakhs to ₹14.0 Lakhs per year |
| Associate Underwriter Salary in New Delhi | ₹3.2 Lakhs to ₹8.8 Lakhs per year |
| Associate Underwriter Salary in Gurgaon / Gurugram | ₹2.9 Lakhs to ₹12.3 Lakhs per year |
What are the top paying industries for Associate Underwriter in India?
Top 5 paying Industries for Associate Underwriter in India are:
| Associate Underwriter Salary in Financial Services | ₹2.0 Lakhs to ₹11.0 Lakhs per year |
| Associate Underwriter Salary in Insurance | ₹1.8 Lakhs to ₹6.0 Lakhs per year |
| Associate Underwriter Salary in IT Services & Consulting | ₹2.3 Lakhs to ₹8.0 Lakhs per year |
| Associate Underwriter Salary in Banking / Insurance / Accounting | ₹1.8 Lakhs to ₹11.0 Lakhs per year |
| Associate Underwriter Salary in Hardware & Networking | ₹3.3 Lakhs to ₹3.6 Lakhs per year |
How does experience affect salaries of a Associate Underwriter in India?
Experience significantly impacts a Associate Underwriter salary in India. Salaries increase with experience, as Associate Underwriter take on more complex tasks, responsibilities, and leadership roles.
Associate Underwriter salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹1.8 Lakhs to ₹2.5 Lakhs per year |
| 2 years | ₹2.1 Lakhs to ₹2.1 Lakhs per year |
| 3 years | ₹4.0 Lakhs to ₹5.0 Lakhs per year |
| 4 years | ₹2.8 Lakhs to ₹2.8 Lakhs per year |
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