Senior Underwriter
Annual salary range
₹3.6 Lakhs - ₹14 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 858
latest salaries
• updated:
20 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Senior Underwriter Salary in India ranges between ₹3.6 Lakhs to ₹14 Lakhs for 3 years of experience to 11 years of experience. Salary estimates are based on 858 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.
(135 salaries)
|
₹3 L/yr - ₹10 L/yr | |
|
6 -
15
yrs
exp.
(135 salaries)
|
₹5 L/yr - ₹15 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 | |
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
(77
salaries)
| ₹3.1 L/yr - ₹8.5 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
(150
salaries)
| ₹4 L/yr - ₹11.5 L/yr |
7
years
(128
salaries)
| ₹4.2 L/yr - ₹14 L/yr |
View all salaries by experience
Senior Underwriter Jobs in India
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
Similar Designation Salary
| Similar Designation | 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 - ₹40.6 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.
(2.4L salaries)
| ₹2.3 L/yr - ₹23 L/yr |
Content Moderator Salary
0 -
4
years
exp.
(9.4k salaries)
| ₹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 17 Aug 2023
Likes
Every thing is good ....but ..thier is no security for job ... Salary and All good in mortgage sector first source paying salary good .
read more- Salary - Good
+4 more
Dislikes
No security for job 😕😞
- Job security - Poor
SitusAMC
Senior Process Associate
• 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.
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
VERITY 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 moreTop skills for Senior Underwriter
Senior Underwriter Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Senior Underwriter
3 -
11
years
exp.
| ₹4.1 L/yr - ₹19.5 L/yr |
Chennai
Senior Underwriter
3 -
11
years
exp.
| ₹4.1 L/yr - ₹9.6 L/yr |
Login to view exact salary
| |
Pune
Senior Underwriter
3 -
11
years
exp.
| ₹3.5 L/yr - ₹9.5 L/yr |
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 |
View More
Senior Underwriter Salary By Industries
| Industries | Avg. annual salary |
|---|---|
BPO Senior Underwriter
3 -
11
years
exp.
| ₹4.1 L/yr - ₹11.9 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.
| ₹4.8 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 ₹3.6 Lakhs to ₹14.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹3.6 Lakhs to ₹14.0 Lakhs per year, with the highest salary reaching ₹18.6 Lakhs to ₹34.5 Lakhs per year. Salary estimates are based on 858 salaries received from various Senior Underwriters across industries.
The average starting salary is around ₹3.6 Lakhs to ₹14.0 Lakhs per year, with the highest salary reaching ₹18.6 Lakhs to ₹34.5 Lakhs per year. Salary estimates are based on 858 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 Chennai | ₹4.1 Lakhs to ₹9.6 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 |
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 ₹11.9 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 | ₹4.8 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 | ₹3.1 Lakhs to ₹8.5 Lakhs per year |
| 4 years | ₹3.5 Lakhs to ₹9.5 Lakhs per year |
| 5 years | ₹3.6 Lakhs to ₹9.0 Lakhs per year |
| 6 years | ₹4.0 Lakhs to ₹11.5 Lakhs per year |
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