Senior Underwriter
Annual salary range
₹3.6 Lakhs - ₹15 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
Filter salaries bySenior Underwriter Salary in Mumbai
based on 98
latest salaries
• updated:
17 Jan 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
(5
salaries)
|  ₹3.6 L/yr - ₹6.6 L/yr |
4
years
(6
salaries)
| ₹4.1 L/yr - ₹9 L/yr |
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| |
5
years
(11
salaries)
| ₹3.6 L/yr - ₹8.5 L/yr |
6
years
(17
salaries)
| ₹3 L/yr - ₹10.5 L/yr |
7
years
(18
salaries)
| ₹4 L/yr - ₹19 L/yr |
View all salaries by experience
Senior Underwriter Salary in
Mumbai ranges between ₹3.6
Lakhs to ₹15
Lakhs for
3 years of experience to 11 years of experience
. Salary estimates are based on
98 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.
(36
salaries)
| ₹4 L/yr - ₹11.2 L/yr |
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| |
Customer Success, Service & Operations
Senior Underwriter Salary
3 - 10
years
exp.
(22
salaries)
| ₹4 L/yr - ₹12 L/yr |
View all departments salaries
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Top paying companies
Popular companies
Jobs
available
Similar designations
Salary related reviews
Top interview questions
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 |
|---|---|---|
6 -
15
yrs
exp.
.
Mumbai
(20 salaries)
|
₹5 L/yr - ₹12.5 L/yr | |
3 -
10
yrs
exp.
.
Mumbai
(17 salaries)
|
₹4.5 L/yr - ₹12 L/yr | |
Login to view exact salary
| ||
6 -
10
yrs
exp.
.
Mumbai
(8 salaries)
|
₹6.2 L/yr - ₹11.2 L/yr | |
5 -
11
yrs
exp.
.
Mumbai
(8 salaries)
|
₹4.6 L/yr - ₹13 L/yr | |
6 -
10
yrs
exp.
.
Mumbai
(7 salaries)
|
₹4.7 L/yr - ₹7.2 L/yr | 1 job opening |
7 -
8
yrs
exp.
.
Mumbai
(4 salaries)
|
₹6.3 L/yr - ₹9.2 L/yr | |
7 -
10
yrs
exp.
.
Mumbai
(4 salaries)
|
₹7.8 L/yr - ₹9.5 L/yr | |
4 -
9
yrs
exp.
.
Mumbai
(4 salaries)
|
₹4.1 L/yr - ₹10.8 L/yr | |
Login to view exact salary
| ||
|
1 -
2
yrs
exp.
.
Mumbai
(3 salaries)
|
₹2.5 L/yr - ₹3 L/yr | |
4 -
11
yrs
exp.
.
Mumbai
(3 salaries)
|
₹9 L/yr - ₹13.5 L/yr | |
Senior Underwriter Jobs in Mumbai
Senior Underwriter
· 4-8 years
Ocwen Financial Corporation
Bangalore / Bengaluru
Senior Underwriter
· 5-10 years
2coms
Kolkata
Senior Underwriter
· 3-7 years
Creative Hands HR
₹5
L/yr
- ₹7.5
L/yr
Mumbai
Similar Designation Salaries for Senior Underwriter
| Designations | Avg Annual Salary |
|---|---|
Senior Executive Salary
2 -
11
years
exp.
(25k salaries)
| ₹2.3 L/yr - ₹10 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(29.7k salaries)
| ₹8 L/yr - ₹36 L/yr |
Login to view exact salary
| |
Senior Associate Salary
2 -
10
years
exp.
(20.8k salaries)
| ₹2.4 L/yr - ₹23.9 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(11.7k salaries)
| ₹3.3 L/yr - ₹17 L/yr |
Content Moderator Salary
0 -
4
years
exp.
(677 salaries)
| ₹1.8 L/yr - ₹4 L/yr |
View more similar designations
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 Underwriter in Bangalore Rural
• posted on 30 Jun 2021
Likes
Good work culture Good joining bonus Good payment Flexible timing Supportive management Covid vaccination drive
read more- Salary - Excellent
+6 more
Dislikes
Training is not sufficient
Firstsource Solutions
Senior Underwriter in Navi Mumbai
• posted on 25 Apr 2022
Likes
Their are too kuch pressure employee. Nothing will give extra to employees behalf of extra work.
- Skill development - Good
+1 more
Dislikes
Not getting appraisal and compensation benefits .
Ocwen Financial Solutions
Associate in Bangalore Rural
• posted on 04 Feb 2021
Likes
Company policies are really good, good appraisals, good salary etc.... Work environment is good.. Teammates are really helpful.
read more- Salary - Excellent
+6 more
VERITY GLOBAL SOLUTIONS
Assistant Manager
• posted on 06 Dec 2023
Likes
Salary offered was at par with the average market value. It's a permanent WFH, so can say work life balance is good. Appraisals are fair and justified.
read more- Salary - Good
+3 more
Dislikes
No learning opportunities. Job security is at its worst. Not sure why the top management is unable to secure new projects.
read more- Skill development - Bad
+1 more
Top skills for Senior Underwriter
Senior Underwriter Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
Bangalore / Bengaluru
Senior Underwriter
3 -
10
years
exp.
| ₹4.1 L/yr - ₹19.5 L/yr |
Chennai
Senior Underwriter
3 -
10
years
exp.
| ₹4.1 L/yr - ₹9.6 L/yr |
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| |
Pune
Senior Underwriter
3 -
11
years
exp.
| ₹3.5 L/yr - ₹9.5 L/yr |
Gurgaon / Gurugram
Senior Underwriter
3 -
11
years
exp.
| ₹3.3 L/yr - ₹15.3 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 L/yr - ₹11 L/yr |
Financial Services
Senior Underwriter
3 -
10
years
exp.
| ₹3.3 L/yr - ₹20 L/yr |
Login to view exact salary
| |
IT Services & Consulting
Senior Underwriter
3 -
11
years
exp.
| ₹3.8 L/yr - ₹9 L/yr |
Consulting
Senior Underwriter
3 -
10
years
exp.
| ₹4.5 L/yr - ₹9 L/yr |
Software Product
Senior Underwriter
3 -
11
years
exp.
| ₹4.2 L/yr - ₹12 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 ₹15.0 Lakhs per year. Salary estimates are based on 98 latest salaries received from various Senior Underwriters across industries.
What are the top paying companies that employ Senior Underwriters?
- PayPal Senior Underwriter Salary - ₹19.2 Lakhs per year
- Wells Fargo Senior Underwriter Salary - ₹12.3 Lakhs per year
- SitusAMC Senior Underwriter Salary - ₹9.6 Lakhs per year
- VERITY GLOBAL SOLUTIONS Senior Underwriter Salary - ₹9.2 Lakhs per year
- Altisource Senior Underwriter Salary - ₹8.1 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 - ₹5.0 Lakhs to 12.5 Lakhs per year
- Financial Services - ₹3.6 Lakhs to 19.0 Lakhs per year
- BPO - ₹2.8 Lakhs to 12.0 Lakhs per year
- Insurance - ₹3.5 Lakhs to 16.0 Lakhs per year
- IT Services & Consulting - ₹3.0 Lakhs to 9.8 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 7 jobs posted by employers.
- Medical Underwriting
- Mortgage Loans
- US Mortgage
- Credit Analysis
- Credit Appraisal
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