Senior Underwriter
Annual salary range
₹4.8 Lakhs - ₹12.3 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 Software Product in India (Updated 2025)
based on 138
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
(4
salaries)
|  ₹4.1 L/yr - ₹4.8 L/yr |
4
years
(7
salaries)
| ₹3.6 L/yr - ₹7 L/yr |
Login to view exact salary
| |
5
years
(6
salaries)
| ₹3.6 L/yr - ₹8.3 L/yr |
6
years
(25
salaries)
| ₹5.3 L/yr - ₹11.5 L/yr |
7
years
(24
salaries)
| ₹5 L/yr - ₹11.8 L/yr |
View all salaries by experience
Senior Underwriter Salary in
India ranges between ₹4.8
Lakhs to ₹12.3
Lakhs for
3 years of experience to 11 years of experience
. Salary estimates are based on
138 latest salaries received
from Senior Underwriter.
See latest salaries
Senior Underwriter salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Customer Success, Service & Operations
Senior Underwriter Salary
5 - 11
years
exp.
(45
salaries)
| ₹5 L/yr - ₹12 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Senior Underwriter Salary
3 - 11
years
exp.
(42
salaries)
| ₹4.8 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.
(135 salaries)
|
₹5 L/yr - ₹16.3 L/yr | |
3 -
7
yrs
exp.
(10 salaries)
|
₹4.8 L/yr - ₹9 L/yr | |
Login to view exact salary
| ||
2 -
8
yrs
exp.
(8 salaries)
|
₹3.6 L/yr - ₹7.2 L/yr | |
5 -
12
yrs
exp.
(5 salaries)
|
₹5.5 L/yr - ₹10.5 L/yr | |
5 -
8
yrs
exp.
(4 salaries)
|
₹5.6 L/yr - ₹6.8 L/yr | |
4 -
12
yrs
exp.
(4 salaries)
|
₹4.1 L/yr - ₹14.5 L/yr | |
5 -
7
yrs
exp.
(3 salaries)
|
₹3.2 L/yr - ₹4.1 L/yr | |
3 -
4
yrs
exp.
(3 salaries)
|
₹4.7 L/yr - ₹6.7 L/yr | |
Login to view exact salary
| ||
2 -
4
yrs
exp.
(AmbitionBox Estimate)
|
₹5.3 L/yr - ₹6.8 L/yr | |
2 -
4
yrs
exp.
(AmbitionBox Estimate)
|
₹5.4 L/yr - ₹6.9 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
· 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.
(12.9k salaries)
| ₹2.2 L/yr - ₹10 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(11.6k salaries)
| ₹12.6 L/yr - ₹56 L/yr |
Login to view exact salary
| |
Senior Associate Salary
2 -
10
years
exp.
(25.2k salaries)
| ₹2.5 L/yr - ₹16 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(47.6k salaries)
| ₹3.3 L/yr - ₹15 L/yr |
Content Moderator Salary
0 -
4
years
exp.
(5.8k salaries)
| ₹2 L/yr - ₹4 L/yr |
View more similar designations
Salary related reviews by similar designations like Senior Underwriter
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
SitusAMC
Senior Underwriter
• 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
SitusAMC
Senior Associate
• posted on 07 Dec 2022
Likes
Only positive thing is salary and it is paid correctly without too kuch of deductions
read moreDislikes
No job security.They will fire you even without any notice or warning.
- Skill development - Bad
+4 more
SitusAMC
Senior Process Associate
• posted on 28 May 2022
Likes
Work environment and culture is good. Teammates and company policies are good. Appraisal are fair and they give good salary hike.
read more- Salary - Good
+5 more
Dislikes
There is a lot of politics and the management does not address our issues. Salary is decent but career growth is slow.
read moreSitusAMC
Senior Associate
• posted on 16 Mar 2023
Likes
Salary WFH Team Client
- Salary - Good
+1 more
Dislikes
Job Security Delay from HR side Repeated training for unnecessary skills
- Job security - Poor
Top 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.
| ₹3.6 L/yr - ₹15 L/yr |
Gurgaon / Gurugram
Senior Underwriter
3 -
11
years
exp.
| ₹3.3 L/yr - ₹15.3 L/yr |
View More
Senior Underwriter Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
BPO
Senior Underwriter
3 -
11
years
exp.
| ₹4 L/yr - ₹11.9 L/yr |
Financial Services
Senior Underwriter
3 -
11
years
exp.
| ₹3.3 L/yr - ₹19 L/yr |
Login to view exact salary
| |
IT Services & Consulting
Senior Underwriter
3 -
11
years
exp.
| ₹3.6 L/yr - ₹9.5 L/yr |
Consulting
Senior Underwriter
3 -
10
years
exp.
| ₹4.4 L/yr - ₹9.1 L/yr |
Advertising / PR / Events
Senior Underwriter
3 -
8
years
exp.
| ₹4.5 L/yr - ₹9 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 ₹4.8 Lakhs to ₹12.3 Lakhs per year. Salary estimates are based on 138 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 ₹4.8 Lakhs per year (₹40.0k 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 - ₹2.0 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 - ₹5.0 Lakhs to 40.3 Lakhs per year
- Gurgaon / Gurugram - ₹5.8 Lakhs to 14.5 Lakhs per year
- New Delhi - ₹6.5 Lakhs to 11.0 Lakhs per year
- Bangalore / Bengaluru - ₹2.2 Lakhs to 12.0 Lakhs per year
- Chennai - ₹3.6 Lakhs to 12.0 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 11 jobs posted by employers.
- Mortgage Loans
- Medical Underwriting
- Credit Analysis
- US Mortgage
- Credit Appraisal
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