Commercial Underwriter

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Commercial Underwriter Salary in Pune (Updated 2025)

based on 28 latest salaries • updated: 12 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹3.6 Lakhs - ₹10.2 Lakhs

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Commercial Underwriter Salary in Pune ranges between ₹3.6 Lakhs to ₹10.2 Lakhs for 1 year of experience to 10 years of experience. Salary estimates are based on 28 latest salaries received from Commercial Underwriter.

Latest annual salaries shared by Commercial Underwriters

1w ago

EXL Service

Commercial Underwriter

10 years exp.

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1w ago

Accenture

Commercial Underwriter

4 years exp.

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4w ago

Kreditstack Financial Services

Commercial Underwriter

6 years exp.

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1mo ago

WNS

Commercial Underwriter

4 years exp.

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1mo 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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2mo 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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View all latest salaries

Commercial Underwriter salaries by

Years of experience Avg. annual salary
1 year
(1 salaries)
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₹7.7 L/yr - ₹7.7 L/yr

2 years
(5 salaries)
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₹3 L/yr - ₹7.2 L/yr

3 years
(5 salaries)
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₹3.6 L/yr - ₹5.5 L/yr

4 years
(5 salaries)
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₹3.6 L/yr - ₹8.5 L/yr

5 years
(5 salaries)
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₹4.8 L/yr - ₹10.2 L/yr

View all salaries by experience

Commercial Underwriter Jobs in Pune

Commercial Underwriter

· 2-7 years

BIZ2X PLATFORM PRIVATE LIMITED

·
3.9

New Delhi

Commercial Underwriter

· 5-7 years

Disha Investment Insurance Brokers Private Limted

₹8 L/yr - ₹12 L/yr

Bangalore / Bengaluru

Commercial Underwriter

· 3-6 years

Serving Skill

View all Commercial Underwriter jobs

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Commercial Underwriter Salary In Other Locations

Locations Avg. annual salary
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 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

Faridabad
Commercial Underwriter
1 - 3 years exp.
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₹3 L/yr - ₹9 L/yr

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Commercial Underwriter Salary By Industries

Industries Avg. annual salary

Financial Services

Commercial Underwriter
0 - 12 years exp.
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₹3 L/yr - ₹12.9 L/yr

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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₹4.5 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

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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 ₹3.6 Lakhs to ₹10.2 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹3.6 Lakhs to ₹10.2 Lakhs per year, with the highest salary reaching ₹3.0 Lakhs to ₹6.0 Lakhs per year. Salary estimates are based on 28 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
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
Commercial Underwriter Salary in Faridabad ₹3.0 Lakhs to ₹9.0 Lakhs per year
Salary expectations for Commercial Underwriter may vary based on job roles, experience, and specific employer requirements.
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 ₹12.9 Lakhs per year
Commercial Underwriter Salary in FinTech ₹3.0 Lakhs to ₹8.3 Lakhs per year
Commercial Underwriter Salary in Insurance ₹4.5 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
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:
Experience Average Salary Range
1 year ₹7.7 Lakhs to ₹7.7 Lakhs per year
2 years ₹3.0 Lakhs to ₹7.2 Lakhs per year
3 years ₹3.6 Lakhs to ₹5.5 Lakhs per year
4 years ₹3.6 Lakhs to ₹8.5 Lakhs per year
and so on.

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