Insurance Underwriter
Annual salary range
₹2.1 Lakhs - ₹5.6 Lakhs
Low Confidence 
Low Confidence means the data is based on a small number of latest salaries.
Filter salaries byInsurance Underwriter Salary in Bangalore / Bengaluru
based on 7
latest salaries
• updated:
26 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Insurance Underwriter salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(2
salaries)
|  ₹2.1 L/yr - ₹4.5 L/yr |
2
years
(3
salaries)
| ₹3.2 L/yr - ₹4.2 L/yr |
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| |
3
years
(1
salaries)
| ₹3.5 L/yr - ₹3.5 L/yr |
6
years
(1
salaries)
| ₹5.6 L/yr - ₹5.6 L/yr |
Insurance Underwriter Salary in
Bangalore / Bengaluru ranges between ₹2.1
Lakhs to ₹5.6
Lakhs for
1 year of experience to 6 years of experience
. Salary estimates are based on
7 latest salaries received
from Insurance Underwriter.
See latest salaries
Insurance Underwriter salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Customer Success, Service & Operations
Insurance Underwriter Salary
1 - 3
years
exp.
(4
salaries)
| ₹2.1 L/yr - ₹4.5 L/yr |
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| |
Finance & Accounting
Insurance Underwriter Salary
6
years
exp.
(AmbitionBox Estimate)
| ₹5 L/yr - ₹6.4 L/yr |
Latest annual salaries shared by Insurance Underwriters
4d ago
PolicyBazaar
Insurance Underwriter
4 years exp.
6d ago
Cams Repository Services
Insurance Underwriter
6 years exp.
2w ago
Le Dieu Insurance Brokers
Insurance Underwriter
7 years exp.
1mo ago
Accenture
Insurance Underwriter
1 year exp.
1mo ago
Aviva Life Insurance India
Insurance Underwriter
6 years exp.
2mo ago
N+A
Insurance Underwriter
1 year exp.
2mo ago
Shriram General Insurance
Insurance Underwriter
3 years exp.
2mo ago
Techsurance
Insurance Underwriter
1 year exp.
3mo ago
HTIC Global
Insurance Underwriter
3 years exp.
3mo ago
Kataria Insurance Brokers
Insurance Underwriter
5 years exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
2 -
3
yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹3.2 L/yr - ₹4 L/yr | |
13 -
16
yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹4.1 L/yr - ₹5.2 L/yr | |
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| ||
6 yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹5 L/yr - ₹6.4 L/yr | |
2 yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹2.9 L/yr - ₹3.7 L/yr | |
1 yr
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹4.1 L/yr - ₹5.2 L/yr | |
1 yr
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹1.9 L/yr - ₹2.4 L/yr | |
Fresher
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹4.1 L/yr - ₹5.2 L/yr | |
2 yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹3.8 L/yr - ₹4.8 L/yr | |
Login to view exact salary
| ||
Insurance Underwriter Jobs in Bangalore / Bengaluru
Insurance Underwriter
· 10-15 years
The Firm P
₹22.5
L/yr
- ₹25
L/yr
Goregaon east
Insurance Underwriter
· 1-6 years
GRM Academy And Consultant (opc)
₹1.5
L/yr
- ₹2.5
L/yr
Chennai
Insurance Underwriter
· 7-12 years
The Firm P
₹22.5
L/yr
- ₹25
L/yr
Goregaon east
Top skills for Insurance Underwriter
Insurance Underwriter Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Insurance Underwriter
1 -
9
years
exp.
| ₹1.8 L/yr - ₹7 L/yr |
New Delhi
Insurance Underwriter
1 -
7
years
exp.
| ₹1.1 L/yr - ₹12 L/yr |
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| |
Pune
Insurance Underwriter
2 -
8
years
exp.
| ₹1.4 L/yr - ₹5.3 L/yr |
Nashik
Insurance Underwriter
1 -
6
years
exp.
| ₹0.2 L/yr - ₹2.2 L/yr |
Jaipur
Insurance Underwriter
1 -
3
years
exp.
| ₹5 L/yr - ₹5 L/yr |
View More
Insurance Underwriter Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Insurance Underwriter
1 -
9
years
exp.
| ₹1.1 L/yr - ₹13 L/yr |
Insurance
Insurance Underwriter
1 -
9
years
exp.
| ₹2.1 L/yr - ₹12 L/yr |
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| |
IT Services & Consulting
Insurance Underwriter
1 -
7
years
exp.
| ₹2.2 L/yr - ₹4.5 L/yr |
Banking / Insurance / Accounting
Insurance Underwriter
1 -
7
years
exp.
| ₹1.1 L/yr - ₹7.2 L/yr |
Analytics & KPO
Insurance Underwriter
1 -
8
years
exp.
| ₹3 L/yr - ₹5.3 L/yr |
View More
Frequently Asked Questions about Insurance Underwriter Salaries
What is the salary of a Insurance Underwriter in India?
Salary for a Insurance Underwriter in India ranges between ₹2.1 Lakhs to ₹5.6 Lakhs per year. Salary estimates are based on 7 latest salaries received from various Insurance Underwriters across industries.
What is the starting salary for a Insurance Underwriter in India?
Average starting Salary for Insurance Underwriter in India is around ₹2.1 Lakhs per year (₹17.5k per month). 1 year of minimum experience is required to be a Insurance Underwriter.
What are the top paying industries for Insurance Underwriter in India?
- IT Services & Consulting - ₹4.5 Lakhs to 4.5 Lakhs per year
- Internet - ₹4.2 Lakhs to 4.2 Lakhs per year
- BPO - ₹3.2 Lakhs to 4.5 Lakhs per year
- Insurance - ₹2.1 Lakhs to 5.6 Lakhs per year
What are the top paying cities for Insurance Underwriter in India?
- New Delhi - ₹1.1 Lakhs to 13.0 Lakhs per year
- Bangalore / Bengaluru - ₹2.1 Lakhs to 5.6 Lakhs per year
- Mumbai - ₹1.8 Lakhs to 13.0 Lakhs per year
- Pune - ₹1.4 Lakhs to 5.4 Lakhs per year
- Thane - ₹2.5 Lakhs to 5.0 Lakhs per year
What are the popular/top skills required to become a Insurance Underwriter?
These are the top skills of a Insurance Underwriter based on 4 jobs posted by employers.
- Health Insurance
- Insurance
- Medical Insurance
- Medical Underwriting
- Monitoring and Evaluation
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