Associate Underwriter
Annual salary range
₹3.2 Lakhs - ₹8.8 Lakhs
Moderate Confidence 
Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Filter salaries byAssociate Underwriter Salary in New Delhi (Updated 2025)
based on 15
latest salaries
• updated:
31 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Associate Underwriter Salary in New Delhi ranges between ₹3.2 Lakhs to ₹8.8 Lakhs for 1 year of experience to 5 years of experience. Salary estimates are based on 15 latest salaries received from Associate Underwriter.
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
2 -
5
yrs
exp.
.
New Delhi
(4 salaries)
|
₹8 L/yr - ₹9 L/yr | |
3 -
4
yrs
exp.
.
New Delhi
(3 salaries)
|
₹4 L/yr - ₹5 L/yr | |
Login to view exact salary
| ||
2 -
3
yrs
exp.
.
New Delhi
(AmbitionBox Estimate)
|
₹4.5 L/yr - ₹5.8 L/yr | |
2 -
3
yrs
exp.
.
New Delhi
(AmbitionBox Estimate)
|
₹6 L/yr - ₹7.2 L/yr | |
8 yrs
exp.
.
New Delhi
(AmbitionBox Estimate)
|
₹15.3 L/yr - ₹19.5 L/yr | |
3 yrs
exp.
.
New Delhi
(AmbitionBox Estimate)
|
₹3.6 L/yr - ₹4.6 L/yr | |
5 yrs
exp.
.
New Delhi
(AmbitionBox Estimate)
|
₹3.6 L/yr - ₹4.6 L/yr | |
Fresher
.
New Delhi
(AmbitionBox Estimate)
|
₹1.4 L/yr - ₹1.7 L/yr | |
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| ||
1 yr
exp.
.
New Delhi
(AmbitionBox Estimate)
|
₹4.3 L/yr - ₹5.5 L/yr | |
2 yrs
exp.
.
New Delhi
(AmbitionBox Estimate)
|
₹3.2 L/yr - ₹4 L/yr | |
Associate Underwriter salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(1
salaries)
|  ₹4.8 L/yr - ₹4.8 L/yr |
2
years
(3
salaries)
| ₹3.5 L/yr - ₹8.8 L/yr |
Login to view exact salary
| |
3
years
(5
salaries)
| ₹3.1 L/yr - ₹8 L/yr |
4
years
(3
salaries)
| ₹4.7 L/yr - ₹8 L/yr |
5
years
(3
salaries)
| ₹3.2 L/yr - ₹9 L/yr |
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Associate Manager Salary
3 -
15
years
exp.
(3.6k salaries)
| ₹4.5 L/yr - ₹30.5 L/yr |
Associate Analyst Salary
0 -
4
years
exp.
(2.7k salaries)
| ₹2 L/yr - ₹6 L/yr |
Login to view exact salary
| |
Associate Consultant Salary
1 -
12
years
exp.
(6.7k salaries)
| ₹3.4 L/yr - ₹25 L/yr |
Associate Salary
0 -
8
years
exp.
(15k salaries)
| ₹2 L/yr - ₹15 L/yr |
Assistant Manager Salary
2 -
13
years
exp.
(66k salaries)
| ₹3.1 L/yr - ₹17 L/yr |
View more similar designations
Salary related reviews by similar designations like Associate Underwriter
Mphasis
Assistant Manager in Bangalore / Bengaluru
• posted on 02 Feb 2022
Likes
Few flaws but overall a really good organization to work. Great interms of job security and career opportunities.
- Salary - Good
+5 more
Dislikes
Can do better with facilities, transportation and compensation break down at the time of hiring.
read moreMphasis
Assistant Manager in Chennai
• posted on 26 May 2022
Likes
Free to work, There is no pressure on any individual. Culture oriented.
- Salary - Good
+6 more
Dislikes
Coming to compensation, i feel little disappointed. At max appraisal i got is 5%.
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
Senior Executive in Bangalore / Bengaluru
• posted on 10 Apr 2018
Likes
Nice place to work for short period of time, have less opportunities to grow up our carrier but we job security.
- Skill development - Good
+2 more
Dislikes
Less salary for the existing or a experienced employees. No proper training facility to develop the exatra knowledge
read moreMphasis
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 |
Gurgaon / Gurugram
Associate Underwriter
1 -
3
years
exp.
| ₹2.9 L/yr - ₹12.3 L/yr |
Chennai
Associate Underwriter
1 -
4
years
exp.
| ₹1.8 L/yr - ₹5 L/yr |
View More
Associate Underwriter Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Associate Underwriter
1 -
8
years
exp.
| ₹2.1 L/yr - ₹11 L/yr |
Insurance Associate Underwriter
1 -
5
years
exp.
| ₹1.8 L/yr - ₹6 L/yr |
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| |
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 ₹3.2 Lakhs to ₹8.8 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹3.2 Lakhs to ₹8.8 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 15 salaries received from various Associate Underwriters across industries.
The average starting salary is around ₹3.2 Lakhs to ₹8.8 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 15 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 Mumbai | ₹3.0 Lakhs to ₹14.0 Lakhs per year |
| Associate Underwriter Salary in Belgaum | ₹7.2 Lakhs to ₹9.2 Lakhs per year |
| Associate Underwriter Salary in Faridabad | ₹5.4 Lakhs to ₹10.6 Lakhs per year |
| Associate Underwriter Salary in Chennai | ₹1.8 Lakhs to ₹5.0 Lakhs per year |
| Associate Underwriter Salary in Hyderabad / Secunderabad | ₹3.4 Lakhs to ₹7.2 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 FinTech | ₹2.1 Lakhs to ₹9.3 Lakhs per year |
| Associate Underwriter Salary in Banking / Insurance / Accounting | ₹1.8 Lakhs to ₹11.0 Lakhs per year |
| Associate Underwriter Salary in Internet | ₹3.2 Lakhs to ₹6.0 Lakhs per year |
| Associate Underwriter Salary in Analytics & KPO | ₹2.1 Lakhs to ₹7.2 Lakhs per year |
| Associate Underwriter Salary in Financial Services | ₹2.1 Lakhs to ₹11.0 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 | ₹4.8 Lakhs to ₹4.8 Lakhs per year |
| 2 years | ₹3.5 Lakhs to ₹8.8 Lakhs per year |
| 3 years | ₹3.1 Lakhs to ₹8.0 Lakhs per year |
| 4 years | ₹4.7 Lakhs to ₹8.0 Lakhs per year |
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