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 113
latest salaries
• updated:
20 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 113 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
(13
salaries)
| ₹3.6 L/yr - ₹8.3 L/yr |
View all salaries by experience
Commercial Underwriter Jobs in India
Commercial Underwriter
· 2-5 years
Digit Insurance
Ahmedabad
Commercial Underwriter
· 2-7 years
BIZ2X PLATFORM PRIVATE LIMITED
New Delhi
Commercial Underwriter
· 5-7 years
Disha Investment Insurance Brokers Private Limted
₹8
L/yr
- ₹12
L/yr
Bangalore / Bengaluru
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Financial Analyst Salary
1 -
8
years
exp.
(48.3k 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.
(20k 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
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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 |
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| |
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 (FAQS) about Commercial Underwriter Salaries
What is the salary of a Commercial Underwriter in India?
The salary of a Commercial Underwriter in India varies based on experience, location, company & Industry.
On average, Commercial Underwriter salaries ranges from ₹3.0 Lakhs to ₹12.5 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹3.0 Lakhs to ₹12.5 Lakhs per year, with the highest salary reaching ₹3.0 Lakhs to ₹6.0 Lakhs per year. Salary estimates are based on 113 salaries received from various Commercial Underwriters across industries.
The average starting salary is around ₹3.0 Lakhs to ₹12.5 Lakhs per year, with the highest salary reaching ₹3.0 Lakhs to ₹6.0 Lakhs per year. Salary estimates are based on 113 salaries received from various Commercial Underwriters across industries.
What are the top paying cities for Commercial Underwriter in India?
The annual salary for Commercial Underwriter in India varies by location. Top paying cities for Commercial Underwriter are
Salary expectations for Commercial Underwriter may vary based on job roles, experience, and specific employer requirements.
| Commercial Underwriter Salary in Pune | ₹3.6 Lakhs to ₹13.5 Lakhs per year |
| Commercial Underwriter Salary in New Delhi | ₹3.0 Lakhs to ₹11.5 Lakhs per year |
| Commercial Underwriter Salary in Mumbai | ₹6.0 Lakhs to ₹12.0 Lakhs per year |
| Commercial Underwriter Salary in Noida | ₹4.1 Lakhs to ₹5.6 Lakhs per year |
| Commercial Underwriter Salary in Bangalore / Bengaluru | ₹3.2 Lakhs to ₹7.3 Lakhs per year |
What are the top paying industries for Commercial Underwriter in India?
Top 5 paying Industries for Commercial Underwriter in India are:
| Commercial Underwriter Salary in Financial Services | ₹3.0 Lakhs to ₹13.0 Lakhs per year |
| Commercial Underwriter Salary in FinTech | ₹3.0 Lakhs to ₹8.3 Lakhs per year |
| Commercial Underwriter Salary in Insurance | ₹5.0 Lakhs to ₹15.0 Lakhs per year |
| Commercial Underwriter Salary in IT Services & Consulting | ₹3.0 Lakhs to ₹10.2 Lakhs per year |
| Commercial Underwriter Salary in Analytics & KPO | ₹3.0 Lakhs to ₹6.1 Lakhs per year |
What are the fresher salaries as Commercial Underwriter?
Fresher salaries for Commercial Underwriter in India typically range from ₹9 Lakhs to ₹9 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a Commercial Underwriter in India?
Experience significantly impacts a Commercial Underwriter salary in India. Salaries increase with experience, as Commercial Underwriter take on more complex tasks, responsibilities, and leadership roles.
Commercial Underwriter salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹9.0 Lakhs to ₹9.0 Lakhs per year |
| 1 year | ₹3.0 Lakhs to ₹8.5 Lakhs per year |
| 2 years | ₹3.0 Lakhs to ₹7.2 Lakhs per year |
| 3 years | ₹3.6 Lakhs to ₹8.0 Lakhs per year |
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