Junior Underwriter
Annual salary range
₹2.5 Lakhs - ₹8.3 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byJunior Underwriter Salary in Mumbai
based on 66
latest salaries
• updated:
5 Feb 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Junior Underwriter salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(4
salaries)
|  ₹1.8 L/yr - ₹5.5 L/yr |
2
years
(16
salaries)
| ₹3 L/yr - ₹6.9 L/yr |
Login to view exact salary
| |
3
years
(11
salaries)
| ₹2.5 L/yr - ₹6.6 L/yr |
4
years
(9
salaries)
| ₹2.5 L/yr - ₹5.6 L/yr |
5
years
(5
salaries)
| ₹3.9 L/yr - ₹8.4 L/yr |
View all salaries by experience
Junior Underwriter Salary in
Mumbai ranges between ₹2.5
Lakhs to ₹8.3
Lakhs for
1 year of experience to 8 years of experience
. Salary estimates are based on
66 latest salaries received
from Junior Underwriter.
See latest salaries
Junior Underwriter salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Customer Success, Service & Operations
Junior Underwriter Salary
1 - 8
years
exp.
(19
salaries)
| ₹3.4 L/yr - ₹8.3 L/yr |
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| |
Finance & Accounting
Junior Underwriter Salary
2 - 8
years
exp.
(14
salaries)
| ₹2.5 L/yr - ₹7 L/yr |
Latest annual salaries shared by Junior Underwriters
2d ago
SitusAMC
Junior Underwriter
7 years exp.
5d ago
SitusAMC
Junior Underwriter
7 years exp.
6d ago
Flatworld Mortgage Processing
Junior Underwriter
4 years exp.
1w ago
SitusAMC
Junior Underwriter
6 years exp.
1w ago
SitusAMC
Junior Underwriter
8 years exp.
1w ago
Infosys BPM
Junior Underwriter
2 years exp.
1w ago
Liquiloans
Junior Underwriter
4 years exp.
2w ago
SitusAMC
Junior Underwriter
4 years exp.
2w ago
SitusAMC
Junior Underwriter
5 years exp.
3w ago
SitusAMC
Junior Underwriter
4 years exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
2 -
10
yrs
exp.
.
Mumbai
(54 salaries)
|
₹4 L/yr - ₹8.9 L/yr | |
2 -
7
yrs
exp.
.
Mumbai
(9 salaries)
|
₹3 L/yr - ₹4 L/yr | |
Login to view exact salary
| ||
|
1 -
3
yrs
exp.
.
Mumbai
(5 salaries)
|
₹3.1 L/yr - ₹4 L/yr | |
1 -
4
yrs
exp.
.
Mumbai
(4 salaries)
|
₹1.6 L/yr - ₹2.1 L/yr | |
3 -
4
yrs
exp.
.
Mumbai
(3 salaries)
|
₹2.5 L/yr - ₹3.7 L/yr | |
4 -
7
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹3.6 L/yr - ₹4.7 L/yr | |
1 -
2
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹5 L/yr - ₹6.3 L/yr | |
2 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹2.8 L/yr - ₹3.6 L/yr | |
Login to view exact salary
| ||
7 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹7.2 L/yr - ₹9.2 L/yr | |
3 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹5.9 L/yr - ₹7.6 L/yr | |
Similar Designation Salaries for Junior Underwriter
| Designations | Avg Annual Salary |
|---|---|
Senior Executive Salary
2 -
11
years
exp.
(25.1k salaries)
| ₹2.3 L/yr - ₹10 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(29.8k salaries)
| ₹8 L/yr - ₹36 L/yr |
Login to view exact salary
| |
Senior Analyst Salary
2 -
8
years
exp.
(11.8k salaries)
| ₹3.3 L/yr - ₹17 L/yr |
Senior Associate Salary
2 -
10
years
exp.
(21.3k salaries)
| ₹2.4 L/yr - ₹24 L/yr |
Content Moderator Salary
0 -
4
years
exp.
(684 salaries)
| ₹1.8 L/yr - ₹4 L/yr |
View more similar designations
Salary related reviews by similar designations like Junior Underwriter
SitusAMC
Junior Underwriter
• posted on 19 Aug 2022
Likes
Team Lead and team mates are very supportive and helpful. Work shift timing. Paid salary on time.
read more- Salary - Good
+2 more
Dislikes
Job securities are very bad. they not think about their employee's career and their families.
- Job security - Bad
+1 more
Namaste Credit
Junior Underwriter in Bangalore / Bengaluru
• posted on 05 May 2021
Likes
Teammates are supportive and the management is transparent company policies are good salary is not quite good job stability is not sure.
read more- Company culture - Good
Dislikes
- Job security - Bad
- Work-life balance - Poor
SitusAMC
Senior Associate in Gurgaon / Gurugram
• posted on 07 Dec 2022
Likes
Only positive thing is salary and it is paid correctly without too kuch of deductions
read moreDislikes
No job security.They will fire you even without any notice or warning.
- Skill development - Bad
+4 more
SitusAMC
Junior Underwriter in Mumbai
• posted on 14 Mar 2023
Likes
The working environment is as good as expected per salary and position.
- Salary - Good
+4 more
Dislikes
Pressure time need to stretch for 14 hours or so .
- Job security - Poor
SitusAMC
Senior Executive in New Delhi
• posted on 16 May 2022
Likes
Pros: Work-Life Balance, Remote-working culture
- Promotions - Good
+2 more
Dislikes
Cons: Compensation & Benefits, Job Security, Work Satisfaction
Junior Underwriter Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
Bangalore / Bengaluru
Junior Underwriter
1 -
8
years
exp.
| ₹2.3 L/yr - ₹8 L/yr |
Pune
Junior Underwriter
1 -
8
years
exp.
| ₹2.4 L/yr - ₹7.5 L/yr |
Login to view exact salary
| |
Chennai
Junior Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹7 L/yr |
New Delhi
Junior Underwriter
2 -
8
years
exp.
| ₹3.5 L/yr - ₹7.5 L/yr |
Gurgaon / Gurugram
Junior Underwriter
1 -
8
years
exp.
| ₹3.6 L/yr - ₹12.8 L/yr |
View More
Junior Underwriter Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
BPO
Junior Underwriter
1 -
8
years
exp.
| ₹3.1 L/yr - ₹8.1 L/yr |
Software Product
Junior Underwriter
1 -
8
years
exp.
| ₹3.6 L/yr - ₹8.1 L/yr |
Login to view exact salary
| |
IT Services & Consulting
Junior Underwriter
1 -
7
years
exp.
| ₹2.3 L/yr - ₹5.8 L/yr |
Financial Services
Junior Underwriter
1 -
8
years
exp.
| ₹2.6 L/yr - ₹8 L/yr |
FinTech
Junior Underwriter
1 -
4
years
exp.
| ₹2.1 L/yr - ₹3.7 L/yr |
View More
Frequently Asked Questions about Junior Underwriter Salaries
What is the salary of a Junior Underwriter in India?
Salary for a Junior Underwriter in India ranges between ₹2.5 Lakhs to ₹8.3 Lakhs per year. Salary estimates are based on 66 latest salaries received from various Junior Underwriters across industries.
What are the top paying companies that employ Junior Underwriters?
- SitusAMC Junior Underwriter Salary - ₹6.6 Lakhs per year
- Namaste Credit Junior Underwriter Salary - ₹2.4 Lakhs per year
What is the starting salary for a Junior Underwriter in India?
Average starting Salary for Junior Underwriter in India is around ₹2.5 Lakhs per year (₹20.8k per month). 1 year of minimum experience is required to be a Junior Underwriter.
What is the highest salary for a Junior Underwriter in India?
Highest salary that a Junior Underwriter can earn is ₹9.0 Lakhs per year (₹75.0k per month).
What are the top paying industries for Junior Underwriter in India?
- Software Product - ₹4.0 Lakhs to 8.9 Lakhs per year
- BPO - ₹5.5 Lakhs to 5.5 Lakhs per year
- Financial Services - ₹3.0 Lakhs to 4.1 Lakhs per year
- IT Services & Consulting - ₹3.0 Lakhs to 4.0 Lakhs per year
- FinTech - ₹2.5 Lakhs to 3.7 Lakhs per year
What are the top paying cities for Junior Underwriter in India?
- New Delhi - ₹2.5 Lakhs to 8.0 Lakhs per year
- Chennai - ₹1.9 Lakhs to 7.0 Lakhs per year
- Mumbai - ₹1.8 Lakhs to 8.9 Lakhs per year
- Pune - ₹2.0 Lakhs to 7.9 Lakhs per year
- Bangalore / Bengaluru - ₹1.9 Lakhs to 9.0 Lakhs per year
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