Senior Underwriter
Annual salary range
₹3.6 Lakhs - ₹14.5 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Senior Underwriter Salary in India (Updated 2025)
based on 853
latest salaries
• updated:
10 Mar 2025
Select an experience to get the exact salary
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Salary of majority employees
Experience wise Senior Underwriter salaries
| Years of experience | Avg. Annual Salary |
|---|---|
3
years
(75
salaries)
|  Unlock₹3.1 L/yr - ₹8.4 L/yr |
4
years
(100
salaries)
| Unlock ₹3.5 L/yr - ₹9.6 L/yr |
Login to view exact salary
| |
5
years
(135
salaries)
| Unlock ₹3.6 L/yr - ₹9 L/yr |
6
years
(149
salaries)
| Unlock ₹4 L/yr - ₹11.5 L/yr |
7
years
(127
salaries)
| Unlock ₹4.2 L/yr - ₹14 L/yr |
View all salaries by experience
Senior Underwriter Salary in
India ranges between ₹3.6
Lakhs to ₹14.5
Lakhs for
3 years of experience to 11 years of experience
. Salary estimates are based on
853 latest salaries received
from Senior Underwriter.
See latest salaries
Senior Underwriter salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Senior Underwriter Salary
3 - 11
years
exp.
(244
salaries)
| Unlock ₹3.6 L/yr - ₹14 L/yr |
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| |
Customer Success, Service & Operations
Senior Underwriter Salary
3 - 11
years
exp.
(243
salaries)
| Unlock ₹3.6 L/yr - ₹14 L/yr |
View all departments salaries
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Top paying companies
Popular companies
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available
Similar designations
Salary related reviews
Top interview questions
Latest annual salaries shared by Senior Underwriters
2d ago
MOZAIQ
Senior Underwriter
9 years exp.
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4d ago
SitusAMC
Senior Underwriter
7 years exp.
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5d ago
Archwell Operations
Senior Underwriter
6 years exp.
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1w ago
Insta Global Source
Senior Underwriter
5 years exp.
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1w ago
IndiaFirst Life Insurance
Senior Underwriter
5 years exp.
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1w ago
Firstsource Solutions
Senior Underwriter
6 years exp.
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1w ago
Moder Solutions
Senior Underwriter
8 years exp.
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1w ago
Wells Fargo
Senior Underwriter
7 years exp.
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1w ago
SBI Payment Services
Senior Underwriter
6 years exp.
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1w ago
Exl Technosolutions
Senior Underwriter
7 years exp.
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| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
3 -
8
yrs
exp.
(135 salaries)
|
₹3 L/yr - ₹10 L/yr | |
6 -
15
yrs
exp.
(135 salaries)
|
₹5 L/yr - ₹16.3 L/yr | |
Login to view exact salary
| ||
3 -
10
yrs
exp.
(84 salaries)
|
₹3.2 L/yr - ₹12 L/yr | |
4 -
13
yrs
exp.
(48 salaries)
|
₹4.6 L/yr - ₹13 L/yr | |
4 -
10
yrs
exp.
(34 salaries)
|
₹4 L/yr - ₹9 L/yr | |
4 -
11
yrs
exp.
(31 salaries)
|
₹4.2 L/yr - ₹9.6 L/yr | 1 job opening |
3 -
6
yrs
exp.
(29 salaries)
|
₹4.3 L/yr - ₹7.8 L/yr | |
3 -
12
yrs
exp.
(23 salaries)
|
₹6.2 L/yr - ₹11.2 L/yr | |
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| ||
3 -
9
yrs
exp.
(19 salaries)
|
₹3.3 L/yr - ₹5 L/yr | |
3 -
12
yrs
exp.
(18 salaries)
|
₹5 L/yr - ₹22 L/yr | |
Senior Underwriter Jobs in India
Senior Underwriter
· 4-6 years
Mphasis Limited
Chennai
Senior Underwriter
· 3-7 years
Creative Hands HR Consultancy
Hyderabad / Secunderabad
Senior Underwriter
· 3-7 years
Creative Hands HR Consultancy
Mumbai
Similar Designation Salaries for Senior Underwriter
| Designations | Avg Annual Salary |
|---|---|
Senior Executive Salary
2 -
11
years
exp.
(2.5L salaries)
| Unlock ₹2.4 L/yr - ₹9.5 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(1.7L salaries)
| Unlock ₹7 L/yr - ₹40.2 L/yr |
Login to view exact salary
| |
Senior Analyst Salary
2 -
8
years
exp.
(1.6L salaries)
| Unlock ₹3 L/yr - ₹16 L/yr |
Senior Associate Salary
2 -
10
years
exp.
(2.3L salaries)
| Unlock ₹2.3 L/yr - ₹23 L/yr |
Content Moderator Salary
0 -
4
years
exp.
(9.4k salaries)
| Unlock ₹1.8 L/yr - ₹4.2 L/yr |
View more similar designations
Salary related reviews by similar designations like Senior Underwriter
Wipro
Senior Manager
• posted on 26 Feb 2025
Likes
Salary and Job security
- Salary - Excellent
+2 more
Dislikes
Work culture is pathetic. I was associated with Meta as a project leading training and there is no strong leadership setting expectation with the client about their approach with our teams.
read more- Promotions - Poor
+2 more
Firstsource Solutions
Associate
• posted on 19 Jul 2024
Likes
Good place to work satisfied salary and company culture . Good for freshers and many company benefits are there .
read more- Salary - Good
+4 more
Dislikes
Hectic works during peak months and very late appraisals and increment
Mphasis
Assistant Manager
• posted on 08 Sep 2022
Likes
Mphasis is a great place to work, and there are plenty of opportunities to learn. My managers and trainers was very supportive in each stage of learning.
read more- Skill development - Excellent
+4 more
Dislikes
Salary is something that I keep hearing which is not satisfactory as a result increase in Attrition.
read moreVERITY GLOBAL SOLUTIONS
Senior Analyst
• posted on 20 Mar 2022
Likes
i have work with very good company as senior analyst into mortgage process, work with team as post closing and indexing process
read more- Salary - Good
+6 more
Dislikes
it is good company to grow but salary they are providing as less as i had discussion your position will give this much only
read moreSitusAMC
Senior Executive
• posted on 01 Aug 2023
Likes
1. Offered good Salary package
Dislikes
1. Management is unable to adapt to changing business environment because of which they are unable to get new business. This thus hamper's employee's job security. 2. At the time of peak business requirements employees are forced to work on weekends for months. Compensation is provided for weekend working but no option is given to opt out. 3. Medical insurance does not cover parents.
read more- Skill development - Bad
+4 more
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Senior Underwriter Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Bangalore / Bengaluru
Senior Underwriter
3 -
11
years
exp.
| Unlock ₹4.1 L/yr - ₹19.5 L/yr |
Chennai
Senior Underwriter
3 -
11
years
exp.
| Unlock ₹4.1 L/yr - ₹9.6 L/yr |
Login to view exact salary
| |
Pune
Senior Underwriter
3 -
11
years
exp.
| Unlock ₹3.5 L/yr - ₹9.5 L/yr |
Mumbai
Senior Underwriter
3 -
11
years
exp.
| Unlock ₹4 L/yr - ₹15 L/yr |
Gurgaon / Gurugram
Senior Underwriter
3 -
11
years
exp.
| Unlock ₹3.1 L/yr - ₹16 L/yr |
View More
Senior Underwriter Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
BPO Senior Underwriter
3 -
11
years
exp.
| Unlock ₹4.1 L/yr - ₹11.9 L/yr |
Financial Services Senior Underwriter
3 -
11
years
exp.
| Unlock ₹3.4 L/yr - ₹19 L/yr |
Login to view exact salary
| |
IT Services & Consulting Senior Underwriter
3 -
11
years
exp.
| Unlock ₹4 L/yr - ₹9.5 L/yr |
Consulting Senior Underwriter
3 -
10
years
exp.
| Unlock ₹4.4 L/yr - ₹9.1 L/yr |
Software Product Senior Underwriter
3 -
11
years
exp.
| Unlock ₹4.8 L/yr - ₹12.3 L/yr |
View More
Frequently Asked Questions about Senior Underwriter Salaries
What is the salary of a Senior Underwriter in India?
Salary for a Senior Underwriter in India ranges between ₹3.6 Lakhs to ₹14.5 Lakhs per year. Salary estimates are based on 853 latest salaries received from various Senior Underwriters across industries.
What are the top paying companies that employ Senior Underwriters?
- PayPal Senior Underwriter Salary - ₹19.3 Lakhs per year
- Wells Fargo Senior Underwriter Salary - ₹12.3 Lakhs per year
- SitusAMC Senior Underwriter Salary - ₹9.7 Lakhs per year
- VERITY GLOBAL SOLUTIONS Senior Underwriter Salary - ₹9.3 Lakhs per year
- Altisource Senior Underwriter Salary - ₹8.5 Lakhs per year
What is the starting salary for a Senior Underwriter in India?
Average starting Salary for Senior Underwriter in India is around ₹3.6 Lakhs per year (₹30.0k per month). 3 years of minimum experience is required to be a Senior Underwriter.
What is the highest salary for a Senior Underwriter in India?
Highest salary that a Senior Underwriter can earn is ₹25.0 Lakhs per year (₹2.1L per month).
What are the top paying industries for Senior Underwriter in India?
- Software Product - ₹4.7 Lakhs to 16.3 Lakhs per year
- Financial Services - ₹1.6 Lakhs to 29.0 Lakhs per year
- IT Services & Consulting - ₹2.2 Lakhs to 14.5 Lakhs per year
- BPO - ₹2.2 Lakhs to 12.0 Lakhs per year
- Insurance - ₹2.5 Lakhs to 46.0 Lakhs per year
What are the top paying cities for Senior Underwriter in India?
- Mumbai - ₹1.1 Lakhs to 45.0 Lakhs per year
- Bangalore / Bengaluru - ₹2.2 Lakhs to 25.0 Lakhs per year
- Gurgaon / Gurugram - ₹2.7 Lakhs to 18.5 Lakhs per year
- Pune - ₹2.5 Lakhs to 14.0 Lakhs per year
- Chennai - ₹2.2 Lakhs to 22.0 Lakhs per year
What are the popular/top skills required to become a Senior Underwriter?
These are the top skills of a Senior Underwriter based on 12 jobs posted by employers.
- Mortgage Loans
- Medical Underwriting
- Credit Analysis
- US Mortgage
- Credit Appraisal
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