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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Filter salaries bySenior Underwriter Salary in India (Updated 2025)
based on 850
latest salaries
• updated:
28 Feb 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Senior Underwriter salaries
| Years of experience | Avg. Annual Salary |
|---|---|
3
years
(75
salaries)
|  ₹3.1 L/yr - ₹8.4 L/yr |
4
years
(100
salaries)
| ₹3.5 L/yr - ₹9.5 L/yr |
Login to view exact salary
| |
5
years
(135
salaries)
| ₹3.6 L/yr - ₹9 L/yr |
6
years
(148
salaries)
| ₹4 L/yr - ₹11.5 L/yr |
7
years
(129
salaries)
| ₹4.1 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
850 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)
| ₹3.6 L/yr - ₹14 L/yr |
Login to view exact salary
| |
Customer Success, Service & Operations
Senior Underwriter Salary
3 - 11
years
exp.
(242
salaries)
| ₹3.6 L/yr - ₹14 L/yr |
View all departments salaries
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Latest annual salaries shared by Senior Underwriters
2d ago
MOZAIQ
Senior Underwriter
9 years exp.
4d ago
SitusAMC
Senior Underwriter
7 years exp.
5d ago
Archwell Operations
Senior Underwriter
6 years exp.
1w ago
Insta Global Source
Senior Underwriter
5 years exp.
1w ago
IndiaFirst Life Insurance
Senior Underwriter
5 years exp.
1w ago
Firstsource Solutions
Senior Underwriter
6 years exp.
1w ago
Moder Solutions
Senior Underwriter
8 years exp.
1w ago
Wells Fargo
Senior Underwriter
7 years exp.
1w ago
SBI Payment Services
Senior Underwriter
6 years exp.
1w ago
Exl Technosolutions
Senior Underwriter
7 years exp.
View all latest salaries
| 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 | |
Login to view exact salary
| ||
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
· 5-10 years
Moder Solutions
Chennai
Senior Underwriter
· 4-9 years
MOZAIQ
Gurgaon / Gurugram
Similar Designation Salaries for Senior Underwriter
| Designations | Avg Annual Salary |
|---|---|
Senior Executive Salary
2 -
11
years
exp.
(2.5L salaries)
| ₹2.4 L/yr - ₹9.5 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(1.7L salaries)
| ₹7 L/yr - ₹40.1 L/yr |
Login to view exact salary
| |
Senior Analyst Salary
2 -
8
years
exp.
(1.6L salaries)
| ₹3 L/yr - ₹16 L/yr |
Senior Associate Salary
2 -
10
years
exp.
(2.3L salaries)
| ₹2.3 L/yr - ₹22.8 L/yr |
Content Moderator Salary
0 -
4
years
exp.
(9.5k salaries)
| ₹1.8 L/yr - ₹4.2 L/yr |
View more similar designations
Salary related reviews by similar designations like Senior Underwriter
Wipro
Associate
• posted on 02 Dec 2024
Likes
I am interested in working at wipro.com because it is a leading global information technology, consulting and business process services company
read more- Salary - Excellent
+6 more
Dislikes
There has been no salary increase over the past years, and the bonus structure is non-existent
read moreMphasis
Senior Associate
• posted on 18 Dec 2020
Likes
For the early phase company provided additional amount as Hardship allowances in the salary which really helped me to do some food donations and other things. I worked more than working hours to meet my goals and then have donated other remaining money to needy people.
read more- Salary - Excellent
+6 more
Dislikes
There is nothing to dislike. Everytime I entered I felt secure.
Ocwen Financial Solutions
Assistant Manager
• posted on 12 Feb 2019
Likes
The compensation they pay is awesome
- Salary - Good
Dislikes
the HR need to be more involved in the business unit struggles faced by the employee
- Skill development - Poor
+2 more
SitusAMC
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
Firstsource Solutions
Senior Analyst
• posted on 03 Oct 2022
Likes
Good environment
Dislikes
No Job security in this company environment and salary and all good but there is no job security if projects are down they will fire immediately.
read more- Job security - Bad
Top skills for Senior Underwriter
Senior Underwriter Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Bangalore / Bengaluru
Senior Underwriter
3 -
10
years
exp.
| ₹4.2 L/yr - ₹18.6 L/yr |
Chennai
Senior Underwriter
3 -
10
years
exp.
| ₹4.1 L/yr - ₹9.6 L/yr |
Login to view exact salary
| |
Pune
Senior Underwriter
3 -
10
years
exp.
| ₹3.5 L/yr - ₹9.5 L/yr |
Mumbai
Senior Underwriter
3 -
10
years
exp.
| ₹3.6 L/yr - ₹15 L/yr |
Gurgaon / Gurugram
Senior Underwriter
3 -
10
years
exp.
| ₹3.3 L/yr - ₹15.3 L/yr |
View More
Senior Underwriter Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
BPO Senior Underwriter
3 -
10
years
exp.
| ₹4 L/yr - ₹11.3 L/yr |
IT Services & Consulting Senior Underwriter
3 -
10
years
exp.
| ₹3.7 L/yr - ₹9.5 L/yr |
Login to view exact salary
| |
Financial Services Senior Underwriter
3 -
10
years
exp.
| ₹3.3 L/yr - ₹19 L/yr |
Software Product Senior Underwriter
3 -
10
years
exp.
| ₹4.2 L/yr - ₹12 L/yr |
Consulting Senior Underwriter
3 -
10
years
exp.
| ₹4.5 L/yr - ₹9.1 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 850 latest salaries received from various Senior Underwriters across industries.
What are the top paying companies that employ Senior Underwriters?
- PayPal Senior Underwriter Salary - ₹20.2 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
- Chennai - ₹2.2 Lakhs to 22.0 Lakhs per year
- Pune - ₹2.5 Lakhs to 14.0 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 16 jobs posted by employers.
- Mortgage Loans
- Medical Underwriting
- Credit Analysis
- US Mortgage
- Credit Appraisal
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