Commercial Underwriter

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Commercial Underwriter Salary in Financial Services in India

based on 66 latest salaries • updated: 18 Nov 2024
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Annual salary range

₹3 Lakhs - ₹13 Lakhs

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Experience wise Commercial Underwriter salaries

Years of experience Avg. Annual Salary
Fresher
(1 salaries)
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₹9 L/yr - ₹9 L/yr

1 year
(17 salaries)
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₹3 L/yr - ₹12.1 L/yr

2 years
(15 salaries)
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₹3 L/yr - ₹8 L/yr

3 years
(8 salaries)
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₹3.6 L/yr - ₹9 L/yr

4 years
(6 salaries)
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₹5 L/yr - ₹8.3 L/yr

View all salaries by experience
Commercial Underwriter Salary in India ranges between ₹3 Lakhs to ₹13 Lakhs for less than 1 year of experience to 12 years of experience . Salary estimates are based on 66 latest salaries received from Commercial Underwriter.
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Commercial Underwriter salaries in different departments

Department Avg Annual Salary
BFSI, Investments & Trading
Commercial Underwriter Salary
1 - 12 years exp. (21 salaries)
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₹3 L/yr - ₹12.1 L/yr

Finance & Accounting
Commercial Underwriter Salary
1 - 10 years exp. (19 salaries)
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₹3 L/yr - ₹12.5 L/yr

View all departments salaries

Latest annual salaries shared by Commercial Underwriters

2w ago

Kreditstack Financial Services

Commercial Underwriter

6 years exp.

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3w ago

WNS

Commercial Underwriter

4 years exp.

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3w ago

EXL Service

Commercial Underwriter

10 years exp.

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3w ago

EXL Service

Commercial Underwriter

8 years exp.

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1mo ago

Reliance General Insurance

Commercial Underwriter

1 year exp.

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1mo ago

Startek

Commercial Underwriter

1 year exp.

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1mo ago

Biz 2 Credit Info Services

Commercial Underwriter

5 years exp.

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1mo ago

Share India Insurance Brokers

Commercial Underwriter

5 years exp.

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2mo ago

Exl India

Commercial Underwriter

3 years exp.

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2mo ago

EXL Service

Commercial Underwriter

2 years exp.

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View all latest salaries

Commercial Underwriter Jobs in India

Commercial Underwriter

· 5-10 years

Salasar Services Insurance Brokers

·

3.8

Kolkata

Commercial Underwriter

· 2-3 years

Serving Skill

₹9 L/yr - ₹11 L/yr

Commercial Underwriter

· 3-8 years

Mancer Consulting Services

₹10 L/yr - ₹18 L/yr

Hyderabad / Secunderabad

View all Commercial Underwriter jobs

Similar Designation Salaries for Commercial Underwriter

Designations Avg Annual Salary
Financial Analyst Salary
1 - 8 years exp.
(16.8k salaries)
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₹2.1 L/yr - ₹12 L/yr

Senior Executive Salary
2 - 11 years exp.
(24.7k salaries)
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₹2 L/yr - ₹7.5 L/yr

Specialist Salary
3 - 11 years exp.
(37k salaries)
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₹3.5 L/yr - ₹21 L/yr

Credit Manager Salary
1 - 10 years exp.
(14.7k salaries)
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₹3.3 L/yr - ₹13 L/yr

Credit Analyst Salary
1 - 7 years exp.
(4.1k salaries)
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₹2.5 L/yr - ₹17.8 L/yr

View more similar designations

Commercial Underwriter Salary By Locations

Locations Avg Annual Salary
Pune
Commercial Underwriter
1 - 10 years exp.
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₹3.6 L/yr - ₹13.5 L/yr

New Delhi
Commercial Underwriter
1 - 10 years exp.
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₹3 L/yr - ₹11.5 L/yr

Mumbai
Commercial Underwriter
0 - 11 years exp.
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₹6 L/yr - ₹12.1 L/yr

Noida
Commercial Underwriter
2 - 6 years exp.
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₹4.1 L/yr - ₹5.6 L/yr

Bangalore / Bengaluru
Commercial Underwriter
1 - 7 years exp.
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₹3.2 L/yr - ₹7.3 L/yr

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Commercial Underwriter Salary In Other Industries

Industries Avg Annual Salary
FinTech
Commercial Underwriter
1 - 7 years exp.
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₹3 L/yr - ₹8.3 L/yr

Insurance
Commercial Underwriter
0 - 12 years exp.
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₹5.1 L/yr - ₹15 L/yr

IT Services & Consulting
Commercial Underwriter
1 - 7 years exp.
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₹3 L/yr - ₹10.2 L/yr

Analytics & KPO
Commercial Underwriter
2 - 11 years exp.
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₹3 L/yr - ₹6.1 L/yr

Software Product
Commercial Underwriter
2 - 7 years exp.
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₹2.4 L/yr - ₹7.3 L/yr

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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 ₹13.0 Lakhs per year. Salary estimates are based on 66 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?
What are the top paying cities for Commercial Underwriter in India?
  • Mumbai - ₹6.0 Lakhs to 12.9 Lakhs per year
  • Kolkata - ₹7.0 Lakhs to 8.8 Lakhs per year
  • New Delhi - ₹2.5 Lakhs to 20.0 Lakhs per year
  • Faridabad - ₹3.0 Lakhs to 9.0 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 7 jobs posted by employers.
  • Private Banking
  • General Insurance
  • Medical Underwriting
  • Credit Analysis
  • Credit Control

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