Senior Underwriter
Annual salary range
₹4.1 Lakhs - ₹9.6 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 Chennai (Updated 2025)
based on 142
latest salaries
• updated:
15 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Senior Underwriter Salary in Chennai ranges between ₹4.1 Lakhs to ₹9.6 Lakhs for 3 years of experience to 11 years of experience. Salary estimates are based on 142 latest salaries received from Senior Underwriter.
Explore on this page
Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
PayPal Senior Underwriter Salary
6 years exp |  | |
Wells Fargo Senior Underwriter Salary
6 years exp | | |
 Senior Underwriter Salary
6 years exp | | |
 Senior Underwriter Salary
6 years exp | | |
 Senior Underwriter Salary
6 years exp | | |
Is this list helpful? | ||
View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
3 -
8
yrs
exp.
.
Chennai
(63 salaries)
|
₹3 L/yr - ₹9.1 L/yr | |
3 -
10
yrs
exp.
.
Chennai
(23 salaries)
|
₹4.1 L/yr - ₹9.4 L/yr | |
Login to view exact salary
| ||
4 -
8
yrs
exp.
.
Chennai
(11 salaries)
|
₹4.2 L/yr - ₹9.6 L/yr | 1 job opening |
|
6 -
11
yrs
exp.
.
Chennai
(8 salaries)
|
₹5.3 L/yr - ₹12 L/yr | |
3 -
13
yrs
exp.
.
Chennai
(7 salaries)
|
₹4.8 L/yr - ₹12.6 L/yr | |
2 -
10
yrs
exp.
.
Chennai
(6 salaries)
|
₹4.8 L/yr - ₹6.3 L/yr | |
|
6 -
11
yrs
exp.
.
Chennai
(5 salaries)
|
₹7 L/yr - ₹9.5 L/yr | |
5 -
9
yrs
exp.
.
Chennai
(5 salaries)
|
₹4.2 L/yr - ₹5.8 L/yr | |
Login to view exact salary
| ||
5 -
8
yrs
exp.
.
Chennai
(4 salaries)
|
₹5.6 L/yr - ₹6.8 L/yr | |
5 -
7
yrs
exp.
.
Chennai
(3 salaries)
|
₹2.7 L/yr - ₹3.6 L/yr | |
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
Senior Underwriter salaries by
| Years of experience | Avg. annual salary |
|---|---|
3
years
(8
salaries)
| ₹3.4 L/yr - ₹5.5 L/yr |
4
years
(13
salaries)
| ₹4.2 L/yr - ₹7.1 L/yr |
Login to view exact salary
| |
5
years
(25
salaries)
| ₹3.6 L/yr - ₹8.3 L/yr |
6
years
(29
salaries)
| ₹4 L/yr - ₹8 L/yr |
7
years
(28
salaries)
| ₹4.2 L/yr - ₹9.5 L/yr |
View all salaries by experience
Senior Underwriter Jobs in Chennai
Senior Underwriter
· 4-6 years
Mphasis Limited
Chennai
Senior Underwriter
· 6-12 years
Gentoro People Consulting
Senior Underwriter
· 3-7 years
Creative Hands HR
₹5
L/yr
- ₹7.5
L/yr
Hyderabad / Secunderabad
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exp.
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| ₹7.2 L/yr - ₹36 L/yr |
Login to view exact salary
| |
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2 -
8
years
exp.
(16.7k salaries)
| ₹3 L/yr - ₹12.2 L/yr |
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2 -
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years
exp.
(23.5k salaries)
| ₹2.5 L/yr - ₹18.1 L/yr |
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0 -
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years
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| ₹1.2 L/yr - ₹4 L/yr |
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Salary related reviews by similar designations like Senior Underwriter
Wipro
Associate in Chandpur
• 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 moreSitusAMC
Senior Process Associate in Gurgaon / Gurugram
• posted on 30 Jun 2022
Likes
You do work but instead of that here in this org you get satisfaction in all related aspects as compensation benefits, facilities, job security, work culture and yearly best appraisal percentage hikes as compare to other org within us mortgage industry.
read more- Salary - Excellent
+6 more
Dislikes
Nothing expect need to provide both side cab options for morning shift members.
Firstsource Solutions
Senior Associate in Bangalore / Bengaluru
• posted on 23 Sep 2021
Likes
Good work environment and culture teammates are supportive and the management is transparent
- Skill development - Good
+3 more
Dislikes
There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow.
read moreOcwen Financial Solutions
Associate in Bangalore / Bengaluru
• posted on 07 Jul 2023
Likes
Awesome work culture and good benefits and equal opportunity for growth best pay masters in Bangalore
read more- Salary - Good
+5 more
Dislikes
Structure and Hiring process
Mphasis
Assistant Manager in Banagalore
• 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 moreTop skills for Senior Underwriter
Senior Underwriter Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Senior Underwriter
3 -
11
years
exp.
| ₹4.1 L/yr - ₹19.5 L/yr |
Pune
Senior Underwriter
3 -
11
years
exp.
| ₹3.5 L/yr - ₹9.5 L/yr |
Login to view exact salary
| |
Mumbai
Senior Underwriter
3 -
11
years
exp.
| ₹4 L/yr - ₹15 L/yr |
Gurgaon / Gurugram
Senior Underwriter
3 -
11
years
exp.
| ₹3.1 L/yr - ₹16 L/yr |
New Delhi
Senior Underwriter
3 -
10
years
exp.
| ₹3.3 L/yr - ₹11 L/yr |
View More
Senior Underwriter Salary By Industries
| Industries | Avg. annual salary |
|---|---|
BPO Senior Underwriter
3 -
11
years
exp.
| ₹4.1 L/yr - ₹11.8 L/yr |
Financial Services Senior Underwriter
3 -
11
years
exp.
| ₹3.4 L/yr - ₹19 L/yr |
Login to view exact salary
| |
IT Services & Consulting Senior Underwriter
3 -
11
years
exp.
| ₹4 L/yr - ₹9.5 L/yr |
Consulting Senior Underwriter
3 -
10
years
exp.
| ₹4.4 L/yr - ₹9.1 L/yr |
Software Product Senior Underwriter
3 -
11
years
exp.
| ₹4.7 L/yr - ₹12.3 L/yr |
View More
Frequently Asked Questions (FAQS) about Senior Underwriter Salaries
What is the salary of a Senior Underwriter in India?
The salary of a Senior Underwriter in India varies based on experience, location, company & Industry.
On average, Senior Underwriter salaries ranges from ₹4.1 Lakhs to ₹9.6 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹4.1 Lakhs to ₹9.6 Lakhs per year, with the highest salary reaching ₹18.6 Lakhs to ₹34.5 Lakhs per year. Salary estimates are based on 142 salaries received from various Senior Underwriters across industries.
The average starting salary is around ₹4.1 Lakhs to ₹9.6 Lakhs per year, with the highest salary reaching ₹18.6 Lakhs to ₹34.5 Lakhs per year. Salary estimates are based on 142 salaries received from various Senior Underwriters across industries.
What are the top paying companies that employ Senior Underwriters?
Senior Underwriter Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| PayPal Senior Underwriter Salary | ₹18.6 Lakhs to ₹34.5 Lakhs per year |
| Wells Fargo Senior Underwriter Salary | ₹6.4 Lakhs to ₹20.8 Lakhs per year |
| VERITY GLOBAL SOLUTIONS Senior Underwriter Salary | ₹5 Lakhs to ₹10.5 Lakhs per year |
| SitusAMC Senior Underwriter Salary | ₹5.3 Lakhs to ₹12 Lakhs per year |
| Altisource Senior Underwriter Salary | ₹6.8 Lakhs to ₹9 Lakhs per year |
What are the top paying cities for Senior Underwriter in India?
The annual salary for Senior Underwriter in India varies by location. Top paying cities for Senior Underwriter are
Salary expectations for Senior Underwriter may vary based on job roles, experience, and specific employer requirements.
| Senior Underwriter Salary in Bangalore / Bengaluru | ₹4.1 Lakhs to ₹19.5 Lakhs per year |
| Senior Underwriter Salary in Pune | ₹3.5 Lakhs to ₹9.5 Lakhs per year |
| Senior Underwriter Salary in Mumbai | ₹4.0 Lakhs to ₹15.0 Lakhs per year |
| Senior Underwriter Salary in Gurgaon / Gurugram | ₹3.1 Lakhs to ₹16.0 Lakhs per year |
| Senior Underwriter Salary in New Delhi | ₹3.3 Lakhs to ₹11.0 Lakhs per year |
What are the top paying industries for Senior Underwriter in India?
Top 5 paying Industries for Senior Underwriter in India are:
| Senior Underwriter Salary in BPO | ₹4.1 Lakhs to ₹11.8 Lakhs per year |
| Senior Underwriter Salary in Financial Services | ₹3.4 Lakhs to ₹19.0 Lakhs per year |
| Senior Underwriter Salary in IT Services & Consulting | ₹4.0 Lakhs to ₹9.5 Lakhs per year |
| Senior Underwriter Salary in Consulting | ₹4.4 Lakhs to ₹9.1 Lakhs per year |
| Senior Underwriter Salary in Software Product | ₹4.7 Lakhs to ₹12.3 Lakhs per year |
How does experience affect salaries of a Senior Underwriter in India?
Experience significantly impacts a Senior Underwriter salary in India. Salaries increase with experience, as Senior Underwriter take on more complex tasks, responsibilities, and leadership roles.
Senior Underwriter salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 3 years | ₹3.4 Lakhs to ₹5.5 Lakhs per year |
| 4 years | ₹4.2 Lakhs to ₹7.1 Lakhs per year |
| 5 years | ₹3.6 Lakhs to ₹8.3 Lakhs per year |
| 6 years | ₹4.0 Lakhs to ₹8.0 Lakhs per year |
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