Insurance Underwriter
Annual salary range
₹2.1 Lakhs - ₹7 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
Filter salaries byInsurance Underwriter Salary in Insurance in India
based on 31
latest salaries
• updated:
6 Nov 2024
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
(7
salaries)
|  ₹2.1 L/yr - ₹7 L/yr |
2
years
(5
salaries)
| ₹3 L/yr - ₹5 L/yr |
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| |
3
years
(6
salaries)
| ₹3 L/yr - ₹6 L/yr |
4
years
(3
salaries)
| ₹3.2 L/yr - ₹6 L/yr |
5
years
(2
salaries)
| ₹4.3 L/yr - ₹5 L/yr |
View all salaries by experience
Insurance Underwriter Salary in
India ranges between ₹2.1
Lakhs to ₹7
Lakhs for
1 year of experience to 9 years of experience
. Salary estimates are based on
31 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 - 8
years
exp.
(10
salaries)
| ₹2.1 L/yr - ₹5.3 L/yr |
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| |
BFSI, Investments & Trading
Insurance Underwriter Salary
3 - 8
years
exp.
(3
salaries)
| ₹3.2 L/yr - ₹6 L/yr |
View all departments salaries
Latest annual salaries shared by Insurance Underwriters
3w ago
Accenture
Insurance Underwriter
1 year exp.
1mo ago
Aviva Life Insurance India
Insurance Underwriter
6 years exp.
1mo ago
N+A
Insurance Underwriter
1 year exp.
1mo ago
Shriram General Insurance
Insurance Underwriter
3 years exp.
2mo ago
Techsurance
Insurance Underwriter
1 year exp.
2mo ago
HTIC Global
Insurance Underwriter
3 years exp.
2mo ago
Kataria Insurance Brokers
Insurance Underwriter
5 years exp.
3mo ago
ICICI Prudential Life Insurance
Insurance Underwriter
2 years exp.
4mo ago
Star Health & Allied Insurance
Insurance Underwriter
4 years exp.
4mo ago
Genpact
Insurance Underwriter
1 year exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
3 -
9
yrs
exp.
(6 salaries)
|
₹3.5 L/yr - ₹6 L/yr | |
2 -
8
yrs
exp.
(4 salaries)
|
₹3.5 L/yr - ₹5.3 L/yr | |
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| ||
1 -
5
yrs
exp.
(4 salaries)
|
₹2.2 L/yr - ₹5 L/yr | |
1 -
6
yrs
exp.
(3 salaries)
|
₹3.3 L/yr - ₹5.6 L/yr | |
1 -
3
yrs
exp.
(3 salaries)
|
₹4.5 L/yr - ₹5.8 L/yr | |
0 -
2
yrs
exp.
(AmbitionBox Estimate)
|
₹3.6 L/yr - ₹4.6 L/yr | |
3 -
4
yrs
exp.
(AmbitionBox Estimate)
|
₹2.8 L/yr - ₹3.6 L/yr | |
0 -
2
yrs
exp.
(AmbitionBox Estimate)
|
₹2.5 L/yr - ₹3.2 L/yr | |
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| ||
1 yr
exp.
(AmbitionBox Estimate)
|
₹3.1 L/yr - ₹3.9 L/yr | |
2 -
3
yrs
exp.
(AmbitionBox Estimate)
|
₹14.4 L/yr - ₹18.4 L/yr | |
Insurance Underwriter Salary By 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 - ₹4.8 L/yr |
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| |
Pune
Insurance Underwriter
2 -
8
years
exp.
| ₹1.4 L/yr - ₹5.3 L/yr |
Bangalore / Bengaluru
Insurance Underwriter
1 -
6
years
exp.
| ₹2.1 L/yr - ₹5.6 L/yr |
Nashik
Insurance Underwriter
1 -
6
years
exp.
| ₹0.2 L/yr - ₹2.2 L/yr |
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Insurance Underwriter Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Insurance Underwriter
1 -
9
years
exp.
| ₹1.1 L/yr - ₹13 L/yr |
IT Services & Consulting
Insurance Underwriter
1 -
7
years
exp.
| ₹2.2 L/yr - ₹4.5 L/yr |
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| |
Banking / Insurance / Accounting
Insurance Underwriter
1 -
5
years
exp.
| ₹1.1 L/yr - ₹5 L/yr |
Analytics & KPO
Insurance Underwriter
1 -
8
years
exp.
| ₹3 L/yr - ₹5.3 L/yr |
BPO
Insurance Underwriter
2 -
4
years
exp.
| ₹1.8 L/yr - ₹3.7 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 ₹7.0 Lakhs per year. Salary estimates are based on 31 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?
- Internet - ₹3.0 Lakhs to 14.0 Lakhs per year
- Insurance - ₹0.2 Lakhs to 16.0 Lakhs per year
- Analytics & KPO - ₹3.0 Lakhs to 5.4 Lakhs per year
- BPO - ₹1.8 Lakhs to 4.8 Lakhs per year
- IT Services & Consulting - ₹2.0 Lakhs to 5.0 Lakhs per year
What are the top paying cities for Insurance Underwriter in India?
- Mumbai - ₹3.5 Lakhs to 7.0 Lakhs per year
- Jaipur - ₹5.0 Lakhs to 5.0 Lakhs per year
- Pune - ₹3.0 Lakhs to 5.3 Lakhs per year
- Bangalore / Bengaluru - ₹2.1 Lakhs to 5.6 Lakhs per year
- New Delhi - ₹3.0 Lakhs to 4.8 Lakhs per year
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