Commercial Underwriter
Annual salary range
₹3 Lakhs - ₹12.5 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byCommercial Underwriter Salary in India (Updated 2025)
based on 112
latest salaries
• updated:
12 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Commercial Underwriter Salary in India ranges between ₹3 Lakhs to ₹12.5 Lakhs for less than 1 year of experience to 12 years of experience. Salary estimates are based on 112 latest salaries received from Commercial...
Read More
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
0 -
7
yrs
exp.
(43 salaries)
|
₹2.5 L/yr - ₹10.4 L/yr | 1 job opening |
2 -
15
yrs
exp.
(14 salaries)
|
₹4.7 L/yr - ₹6.5 L/yr | |
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| ||
2 -
6
yrs
exp.
(9 salaries)
|
₹4.2 L/yr - ₹11.5 L/yr | |
1 -
10
yrs
exp.
(7 salaries)
|
₹6.5 L/yr - ₹9.6 L/yr | |
1 -
4
yrs
exp.
(6 salaries)
|
₹4.5 L/yr - ₹8.5 L/yr | |
9 -
15
yrs
exp.
(5 salaries)
|
₹11.5 L/yr - ₹20 L/yr | |
0 -
1
yrs
exp.
(4 salaries)
|
₹7 L/yr - ₹8.5 L/yr | |
6 -
14
yrs
exp.
(4 salaries)
|
₹7.5 L/yr - ₹10 L/yr | |
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| ||
0 -
4
yrs
exp.
(4 salaries)
|
₹2.4 L/yr - ₹3.5 L/yr | |
2 -
6
yrs
exp.
(4 salaries)
|
₹8 L/yr - ₹12.9 L/yr | |
Latest annual salaries shared by Commercial Underwriters
1w ago
EXL Service
Commercial Underwriter
10 years exp.
1w ago
Accenture
Commercial Underwriter
4 years exp.
4w ago
Kreditstack Financial Services
Commercial Underwriter
6 years exp.
1mo ago
WNS
Commercial Underwriter
4 years exp.
1mo ago
EXL Service
Commercial Underwriter
8 years exp.
1mo ago
Reliance General Insurance
Commercial Underwriter
1 year exp.
1mo ago
Startek
Commercial Underwriter
1 year exp.
1mo ago
Biz 2 Credit Info Services
Commercial Underwriter
5 years exp.
2mo ago
Share India Insurance Brokers
Commercial Underwriter
5 years exp.
2mo ago
Exl India
Commercial Underwriter
3 years exp.
View all latest salaries
Commercial Underwriter salaries by
| Years of experience | Avg. annual salary |
|---|---|
Fresher
(1
salaries)
|  ₹9 L/yr - ₹9 L/yr |
1
year
(22
salaries)
| ₹3 L/yr - ₹8.5 L/yr |
Login to view exact salary
| |
2
years
(21
salaries)
| ₹3 L/yr - ₹7.2 L/yr |
3
years
(11
salaries)
| ₹3.6 L/yr - ₹8 L/yr |
4
years
(12
salaries)
| ₹3.6 L/yr - ₹8.3 L/yr |
View all salaries by experience
Commercial Underwriter Jobs in India
Commercial Underwriter
· 2-7 years
BIZ2X PLATFORM PRIVATE LIMITED
New Delhi
Commercial Underwriter
· 3-6 years
Serving Skill
Commercial Underwriter
· 2-3 years
Serving Skill
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Financial Analyst Salary
1 -
8
years
exp.
(48.4k salaries)
| ₹2.1 L/yr - ₹13 L/yr |
Senior Executive Salary
2 -
11
years
exp.
(2.5L salaries)
| ₹2.4 L/yr - ₹9.5 L/yr |
Login to view exact salary
| |
Specialist Salary
3 -
11
years
exp.
(37.2k salaries)
| ₹3.5 L/yr - ₹21.2 L/yr |
Credit Manager Salary
1 -
10
years
exp.
(20.1k salaries)
| ₹3 L/yr - ₹13 L/yr |
Credit Analyst Salary
1 -
8
years
exp.
(7.5k salaries)
| ₹2.2 L/yr - ₹16 L/yr |
View more similar designations
Salary related reviews by similar designations like Commercial Underwriter
Biz 2 Credit Info Services
Senior Manager
• posted on 02 Aug 2022
Top skills for Commercial Underwriter
Commercial Underwriter Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Pune
Commercial Underwriter
1 -
10
years
exp.
| ₹3.6 L/yr - ₹13.5 L/yr |
New Delhi
Commercial Underwriter
1 -
10
years
exp.
| ₹3 L/yr - ₹11.5 L/yr |
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| |
Mumbai
Commercial Underwriter
0 -
11
years
exp.
| ₹6 L/yr - ₹12 L/yr |
Noida
Commercial Underwriter
2 -
6
years
exp.
| ₹4.1 L/yr - ₹5.6 L/yr |
Bangalore / Bengaluru
Commercial Underwriter
1 -
7
years
exp.
| ₹3.2 L/yr - ₹7.3 L/yr |
View More
Commercial Underwriter Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Commercial Underwriter
0 -
12
years
exp.
| ₹3 L/yr - ₹13 L/yr |
FinTech Commercial Underwriter
1 -
7
years
exp.
| ₹3 L/yr - ₹8.3 L/yr |
Login to view exact salary
| |
Insurance Commercial Underwriter
0 -
12
years
exp.
| ₹5 L/yr - ₹15 L/yr |
IT Services & Consulting Commercial Underwriter
1 -
7
years
exp.
| ₹3 L/yr - ₹10.2 L/yr |
Analytics & KPO Commercial Underwriter
2 -
11
years
exp.
| ₹3 L/yr - ₹6.1 L/yr |
View More
Frequently Asked Questions about Commercial Underwriter Salaries
What is the salary of a Commercial Underwriter in India?
Salary for a Commercial Underwriter in India ranges between ₹3.0 Lakhs to ₹12.5 Lakhs per year. Salary estimates are based on 112 latest salaries received from various Commercial Underwriters across industries.
What is the starting salary for a Commercial Underwriter in India?
Average starting Salary for Commercial Underwriter in India is around ₹3.0 Lakhs per year (₹25.0k per month). No prior experience is required to be a Commercial Underwriter.
What is the highest salary for a Commercial Underwriter in India?
Highest salary that a Commercial Underwriter can earn is ₹10.4 Lakhs per year (₹86.7k per month).
What are the top paying industries for Commercial Underwriter in India?
- Insurance - ₹4.5 Lakhs to 16.0 Lakhs per year
- Financial Services - ₹2.5 Lakhs to 20.0 Lakhs per year
- Analytics & KPO - ₹4.7 Lakhs to 6.5 Lakhs per year
- IT Services & Consulting - ₹2.4 Lakhs to 11.5 Lakhs per year
- Logistics - ₹4.0 Lakhs to 5.5 Lakhs per year
What are the top paying cities for Commercial Underwriter in India?
- Mumbai - ₹4.7 Lakhs to 12.9 Lakhs per year
- Pune - ₹3.0 Lakhs to 13.5 Lakhs per year
- New Delhi - ₹2.5 Lakhs to 20.0 Lakhs per year
- Bangalore / Bengaluru - ₹3.2 Lakhs to 7.3 Lakhs per year
- Noida - ₹4.1 Lakhs to 7.0 Lakhs per year
What are the popular/top skills required to become a Commercial Underwriter?
These are the top skills of a Commercial Underwriter based on 5 jobs posted by employers.
- Private Banking
- Credit Control
- General Insurance
- Medical Underwriting
- Credit Analysis
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