Senior Manager - Underwriting
Annual salary range
₹8 Lakhs - ₹15 Lakhs
Moderate Confidence 
Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Filter salaries bySenior Manager - Underwriting Salary in Mumbai (Updated 2025)
based on 12
latest salaries
• updated:
16 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Senior Manager - Underwriting Salary in Mumbai ranges between ₹8 Lakhs to ₹15 Lakhs for 3 years of experience to 16 years of experience. Salary estimates are based on 12 latest salaries received from Senior...
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Senior Manager - Underwriting salaries by
| Years of experience | Avg. annual salary |
|---|---|
3
years
(1
salaries)
|  ₹8 L/yr - ₹8 L/yr |
4
years
(2
salaries)
| ₹8 L/yr - ₹8.5 L/yr |
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| |
5
years
(1
salaries)
| ₹8 L/yr - ₹8 L/yr |
7
years
(1
salaries)
| ₹13.5 L/yr - ₹13.5 L/yr |
10
years
(1
salaries)
| ₹10 L/yr - ₹10 L/yr |
View all salaries by experience
Senior Manager - Underwriting Jobs in Mumbai
Senior Manager - Underwriting
· 8-12 years
PNB MetLife India Insurance Co. Ltd.
Senior Manager - Underwriting
· 9-13 years
Tata AIA Life Insurance Company Ltd.
Thane
Senior Manager - Underwriting
· 2-7 years
RGA
Mumbai
Top skills for Senior Manager - Underwriting
Senior Manager - Underwriting Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Senior Manager - Underwriting
3 -
14
years
exp.
| ₹8.8 L/yr - ₹15.3 L/yr |
Bangalore / Bengaluru
Senior Manager - Underwriting
9 -
17
years
exp.
| ₹16 L/yr - ₹22 L/yr |
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| |
Chennai
Senior Manager - Underwriting
7 -
18
years
exp.
| ₹8.7 L/yr - ₹13 L/yr |
Hyderabad / Secunderabad
Senior Manager - Underwriting
12 -
16
years
exp.
| ₹11.5 L/yr - ₹19.2 L/yr |
Pune
Senior Manager - Underwriting
7 -
10
years
exp.
| ₹17 L/yr - ₹26 L/yr |
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Senior Manager - Underwriting Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Senior Manager - Underwriting
3 -
18
years
exp.
| ₹8 L/yr - ₹22 L/yr |
Insurance Senior Manager - Underwriting
3 -
17
years
exp.
| ₹8.5 L/yr - ₹22 L/yr |
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| |
Banking / Insurance / Accounting Senior Manager - Underwriting
9 -
18
years
exp.
| ₹7.1 L/yr - ₹15 L/yr |
FinTech Senior Manager - Underwriting
3 -
11
years
exp.
| ₹8 L/yr - ₹18 L/yr |
NBFC Senior Manager - Underwriting
5 -
14
years
exp.
| ₹14 L/yr - ₹26 L/yr |
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Frequently Asked Questions (FAQS) about Senior Manager - Underwriting Salaries
What is the salary of a Senior Manager - Underwriting in India?
The salary of a Senior Manager - Underwriting in India varies based on experience, location, company & Industry.
On average, Senior Manager - Underwriting salaries ranges from ₹8.0 Lakhs to ₹15.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹8.0 Lakhs to ₹15.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 12 salaries received from various Senior Manager - Underwritings across industries.
The average starting salary is around ₹8.0 Lakhs to ₹15.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 12 salaries received from various Senior Manager - Underwritings across industries.
What are the top paying cities for Senior Manager - Underwriting in India?
The annual salary for Senior Manager - Underwriting in India varies by location. Top paying cities for Senior Manager - Underwriting are
Salary expectations for Senior Manager - Underwriting may vary based on job roles, experience, and specific employer requirements.
| Senior Manager - Underwriting Salary in New Delhi | ₹8.8 Lakhs to ₹15.3 Lakhs per year |
| Senior Manager - Underwriting Salary in Bangalore / Bengaluru | ₹16.0 Lakhs to ₹22.0 Lakhs per year |
| Senior Manager - Underwriting Salary in Chennai | ₹8.7 Lakhs to ₹13.0 Lakhs per year |
| Senior Manager - Underwriting Salary in Hyderabad / Secunderabad | ₹11.5 Lakhs to ₹19.2 Lakhs per year |
| Senior Manager - Underwriting Salary in Pune | ₹17.0 Lakhs to ₹26.0 Lakhs per year |
What are the top paying industries for Senior Manager - Underwriting in India?
Top 5 paying Industries for Senior Manager - Underwriting in India are:
| Senior Manager - Underwriting Salary in Financial Services | ₹8.0 Lakhs to ₹22.0 Lakhs per year |
| Senior Manager - Underwriting Salary in Insurance | ₹8.5 Lakhs to ₹22.0 Lakhs per year |
| Senior Manager - Underwriting Salary in Banking / Insurance / Accounting | ₹7.1 Lakhs to ₹15.0 Lakhs per year |
| Senior Manager - Underwriting Salary in FinTech | ₹8.0 Lakhs to ₹18.0 Lakhs per year |
| Senior Manager - Underwriting Salary in NBFC | ₹14.0 Lakhs to ₹26.0 Lakhs per year |
How does experience affect salaries of a Senior Manager - Underwriting in India?
Experience significantly impacts a Senior Manager - Underwriting salary in India. Salaries increase with experience, as Senior Manager - Underwriting take on more complex tasks, responsibilities, and leadership roles.
Senior Manager - Underwriting salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 3 years | ₹8.0 Lakhs to ₹8.0 Lakhs per year |
| 4 years | ₹8.0 Lakhs to ₹8.5 Lakhs per year |
| 5 years | ₹8.0 Lakhs to ₹8.0 Lakhs per year |
| 7 years | ₹13.5 Lakhs to ₹13.5 Lakhs per year |
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