Commercial Underwriting Manager
Annual salary range
₹6 Lakhs - ₹10.8 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
AmbitionBox
Search
Reviews
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Filter salaries byCommercial Underwriting Manager Salary in Insurance in India
based on 31
latest salaries
• updated:
28 Dec 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise Commercial Underwriting Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(3
salaries)
|  ₹6 L/yr - ₹8.1 L/yr |
2
years
(4
salaries)
| ₹6.3 L/yr - ₹7.8 L/yr |
Login to view exact salary
| |
3
years
(7
salaries)
| ₹6.4 L/yr - ₹8 L/yr |
4
years
(4
salaries)
| ₹6.9 L/yr - ₹8 L/yr |
5
years
(3
salaries)
| ₹8 L/yr - ₹10.5 L/yr |
View all salaries by experience
Commercial Underwriting Manager Salary in
India ranges between ₹6
Lakhs to ₹10.8
Lakhs for
1 year of experience to 13 years of experience
. Salary estimates are based on
31 latest salaries received
from Commercial Underwriting Manager.
See latest salaries
Latest annual salaries shared by Commercial Underwriting Managers
2w ago
HDFC Ergo General Insurance
Commercial Underwriting Manager
3 years exp.
2w ago
Reliance General Insurance
Commercial Underwriting Manager
11 years exp.
2w ago
HDFC Ergo General Insurance
Commercial Underwriting Manager
3 years exp.
2w ago
HDFC Ergo General Insurance
Commercial Underwriting Manager
3 years exp.
2w ago
HDFC Ergo General Insurance
Commercial Underwriting Manager
3 years exp.
2w ago
HDFC Ergo General Insurance
Commercial Underwriting Manager
3 years exp.
2w ago
Kotak Mahindra General Insurance
Commercial Underwriting Manager
3 years exp.
5mo ago
Reliance General Insurance
Commercial Underwriting Manager
11 years exp.
9mo ago
Reliance General Insurance
Commercial Underwriting Manager
5 years exp.
11mo ago
bluCognition
Commercial Underwriting Manager
10 years exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
1 -
11
yrs
exp.
(23 salaries)
|
₹5.2 L/yr - ₹10.5 L/yr | |
3 -
11
yrs
exp.
(5 salaries)
|
₹6.4 L/yr - ₹7.7 L/yr | |
Login to view exact salary
| ||
0 -
15
yrs
exp.
(3 salaries)
|
₹8.5 L/yr - ₹10.8 L/yr | |
12 -
15
yrs
exp.
(3 salaries)
|
₹12.3 L/yr - ₹15 L/yr | |
4 yrs
exp.
(AmbitionBox Estimate)
|
₹6.2 L/yr - ₹7.9 L/yr | |
4 yrs
exp.
(AmbitionBox Estimate)
|
₹7.2 L/yr - ₹9.2 L/yr | |
5 yrs
exp.
(AmbitionBox Estimate)
|
₹7.2 L/yr - ₹9.2 L/yr | |
17 yrs
exp.
(AmbitionBox Estimate)
|
₹16.7 L/yr - ₹21.3 L/yr | 6 job openings |
Login to view exact salary
| ||
3 yrs
exp.
(AmbitionBox Estimate)
|
₹5.8 L/yr - ₹7.4 L/yr | |
Commercial Underwriting Manager Jobs in India
Commercial Underwriting Manager
· 4-8 years
Bajaj Allianz General Insurance Company Ltd.
Jammu
Commercial Underwriting Manager
· 8-15 years
Bajaj Allianz General Insurance Company Ltd.
Kolkata
Commercial Underwriting Manager
· 8-13 years
Bajaj Allianz General Insurance Company Ltd.
Indore
Similar Designation Salaries for Commercial Underwriting Manager
| Designations | Avg Annual Salary |
|---|---|
Underwriting Manager Salary
2 -
14
years
exp.
(166 salaries)
| ₹3.9 L/yr - ₹15.1 L/yr |
Mortgage Underwriter Salary
2 -
6
years
exp.
(9 salaries)
| ₹3 L/yr - ₹9.1 L/yr |
Login to view exact salary
| |
Area Credit Manager Salary
5 -
13
years
exp.
(169 salaries)
| ₹9.2 L/yr - ₹25.3 L/yr |
Regional Credit Manager Salary
9 -
18
years
exp.
(32 salaries)
| ₹17.3 L/yr - ₹45 L/yr |
Senior Underwriter Salary
3 -
10
years
exp.
(41 salaries)
| ₹3 L/yr - ₹8.3 L/yr |
View more similar designations
Salary related reviews by similar designations like Commercial Underwriting Manager
Reliance General Insurance
Senior Manager
• posted on 03 Jun 2023
Likes
Good place to start working but pay structure needs to improve
- Job security - Good
+3 more
Dislikes
Pay structure and relatively lower reward for performer
Reliance General Insurance
Commercial Underwriting Manager
• posted on 03 Nov 2021
Likes
Job security
- Skill development - Good
+5 more
Dislikes
HR Policies are unrealistic. The bonus you get for a year of hard work has a retention of 6 months i.e for the work you have done in fy20-21 they will give you bonus in July 21 with the clause that if you resign within next 6 months you would have to return your bonus which in unprecedented
read moreTop skills for Commercial Underwriting Manager
7 Commercial Underwriting Manager jobs demanding these
skills
Commercial Underwriting Manager Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
New Delhi
Commercial Underwriting Manager
1 -
7
years
exp.
| ₹6.3 L/yr - ₹9.1 L/yr |
Chennai
Commercial Underwriting Manager
4 -
11
years
exp.
| ₹6.6 L/yr - ₹8.1 L/yr |
Login to view exact salary
| |
Mumbai
Commercial Underwriting Manager
2 -
11
years
exp.
| ₹5.2 L/yr - ₹8.5 L/yr |
Bangalore / Bengaluru
Commercial Underwriting Manager
3 -
12
years
exp.
| ₹6.4 L/yr - ₹13 L/yr |
Mumbai Suburban
Commercial Underwriting Manager
12 -
13
years
exp.
| ₹9.7 L/yr - ₹12.4 L/yr |
View More
Frequently Asked Questions about Commercial Underwriting Manager Salaries
What is the salary of a Commercial Underwriting Manager in India?
Salary for a Commercial Underwriting Manager in India ranges between ₹6.0 Lakhs to ₹10.8 Lakhs per year. Salary estimates are based on 31 latest salaries received from various Commercial Underwriting Managers across industries.
What is the starting salary for a Commercial Underwriting Manager in India?
Average starting Salary for Commercial Underwriting Manager in India is around ₹6.0 Lakhs per year (₹50.0k per month). 1 year of minimum experience is required to be a Commercial Underwriting Manager.
What is the highest salary for a Commercial Underwriting Manager in India?
Highest salary that a Commercial Underwriting Manager can earn is ₹10.5 Lakhs per year (₹87.5k per month).
What are the top paying industries for Commercial Underwriting Manager in India?
- IT Services & Consulting - ₹12.0 Lakhs to 12.0 Lakhs per year
- Insurance - ₹5.2 Lakhs to 18.5 Lakhs per year
What are the top paying cities for Commercial Underwriting Manager in India?
- Mumbai Suburban - ₹10.8 Lakhs to 10.8 Lakhs per year
- Bangalore / Bengaluru - ₹6.4 Lakhs to 13.0 Lakhs per year
- New Delhi - ₹6.0 Lakhs to 10.5 Lakhs per year
- Chennai - ₹6.6 Lakhs to 8.1 Lakhs per year
- Mumbai - ₹5.2 Lakhs to 8.5 Lakhs per year
What are the popular/top skills required to become a Commercial Underwriting Manager?
These are the top skills of a Commercial Underwriting Manager based on 7 jobs posted by employers.
- Analytical Chemistry
- CCTV Monitoring
- Data Analytics
- Relationship Management
- MS Office
Tell us how to improve this page.
- Home >
- Salaries >
- Commercial Underwriting Manager Salary >
- Commercial Underwriting Manager Salary in Insurance Companies
Rate your company