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Commercial Lines Underwriter

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Commercial Lines Underwriter Salary in Mumbai (Updated 2025)

based on 4 latest salaries • updated: 8 Feb 2025
Select an experience to get the exact salary

Annual salary range

₹9.5 Lakhs - ₹12 Lakhs

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Commercial Lines Underwriter Salary in Mumbai ranges between ₹9.5 Lakhs to ₹12 Lakhs for 2 years of experience to 13 years of experience. Salary estimates are based on 4 latest salaries received from Commercial Lines... Read More

Commercial Lines Underwriter salaries by

Years of experience Avg. annual salary
2 years
(1 salaries)
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₹11.4 L/yr - ₹11.4 L/yr

8 years
(1 salaries)
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₹9.5 L/yr - ₹9.5 L/yr

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

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

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₹2 L/yr - ₹11.8 L/yr

Associate Vice President Salary
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₹12.8 L/yr - ₹54.1 L/yr

Underwriting Manager Salary
2 - 14 years exp.
(81 salaries)
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₹3.8 L/yr - ₹17.2 L/yr

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Frequently Asked Questions (FAQS) about Commercial Lines Underwriter Salaries

What is the salary of a Commercial Lines Underwriter in India?
The salary of a Commercial Lines Underwriter in India varies based on experience, location, company & Industry. On average, Commercial Lines Underwriter salaries ranges from ₹9.5 Lakhs to ₹12.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹9.5 Lakhs to ₹12.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 4 salaries received from various Commercial Lines Underwriters across industries.
What are the top paying cities for Commercial Lines Underwriter in India?
The annual salary for Commercial Lines Underwriter in India varies by location. Top paying cities for Commercial Lines Underwriter are
Commercial Lines Underwriter Salary in Bangalore / Bengaluru ₹13.9 Lakhs to ₹17.7 Lakhs per year
Commercial Lines Underwriter Salary in New Delhi ₹12.0 Lakhs to ₹15.3 Lakhs per year
Commercial Lines Underwriter Salary in Ludhiana ₹10.5 Lakhs to ₹13.5 Lakhs per year
Commercial Lines Underwriter Salary in Chennai ₹8.5 Lakhs to ₹10.9 Lakhs per year
Commercial Lines Underwriter Salary in Pune ₹7.5 Lakhs to ₹16.0 Lakhs per year
Salary expectations for Commercial Lines Underwriter may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Commercial Lines Underwriter in India?
Top 5 paying Industries for Commercial Lines Underwriter in India are:
Commercial Lines Underwriter Salary in Consulting ₹14.4 Lakhs to ₹18.4 Lakhs per year
Commercial Lines Underwriter Salary in IT Services & Consulting ₹14.4 Lakhs to ₹18.4 Lakhs per year
Commercial Lines Underwriter Salary in Accounting & Auditing ₹14.4 Lakhs to ₹18.4 Lakhs per year
Commercial Lines Underwriter Salary in Management Consulting ₹14.4 Lakhs to ₹18.4 Lakhs per year
Commercial Lines Underwriter Salary in Internet ₹13.9 Lakhs to ₹17.7 Lakhs per year
How does experience affect salaries of a Commercial Lines Underwriter in India?
Experience significantly impacts a Commercial Lines Underwriter salary in India. Salaries increase with experience, as Commercial Lines Underwriter take on more complex tasks, responsibilities, and leadership roles. Commercial Lines Underwriter salary at different experience level are as follows:
Experience Average Salary Range
2 years ₹11.4 Lakhs to ₹11.4 Lakhs per year
8 years ₹9.5 Lakhs to ₹9.5 Lakhs per year
12 years ₹12.0 Lakhs to ₹12.0 Lakhs per year
13 years ₹12.0 Lakhs to ₹12.0 Lakhs per year
and so on.

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