Senior Underwriting Analyst
Annual salary range
₹6.2 Lakhs - ₹18 Lakhs
Moderate Confidence 
Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Filter salaries bySenior Underwriting Analyst Salary in Mumbai (Updated 2025)
based on 18
latest salaries
• updated:
19 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Senior Underwriting Analyst Salary in Mumbai ranges between ₹6.2 Lakhs to ₹18 Lakhs for 5 years of experience to 9 years of experience. Salary estimates are based on 18 latest salaries received from Senior Underwriting...
Read More
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
Accenture Senior Underwriting Analyst Salary
6 years exp |  | |
Altisource Senior Underwriting Analyst Salary
6 years exp | | |
 Senior Underwriting Analyst Salary
6 years exp | | |
 Senior Underwriting Analyst Salary
6 years exp | | |
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
|
6 -
12
yrs
exp.
.
Mumbai
(10 salaries)
|
₹4.1 L/yr - ₹12 L/yr | |
5 -
8
yrs
exp.
.
Mumbai
(4 salaries)
|
₹7 L/yr - ₹10 L/yr | |
Login to view exact salary
| ||
|
6 -
9
yrs
exp.
.
Mumbai
(3 salaries)
|
₹8.3 L/yr - ₹10 L/yr | |
|
5 -
7
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹10 L/yr - ₹13 L/yr | |
6 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹16.3 L/yr - ₹20.8 L/yr | |
7 -
8
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹5.8 L/yr - ₹7.4 L/yr | |
8 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹5.6 L/yr - ₹7.1 L/yr | |
Latest annual salaries shared by Senior Underwriting Analysts
6d ago
MPOWER Financing
Senior Underwriting Analyst
6 years exp.
1w ago
Firstsource Solutions
Senior Underwriting Analyst
8 years exp.
1w ago
Firstsource Solutions
Senior Underwriting Analyst
8 years exp.
2w ago
Xceedance
Senior Underwriting Analyst
5 years exp.
2w ago
OSB India
Senior Underwriting Analyst
6 years exp.
3w ago
Xceedance
Senior Underwriting Analyst
6 years exp.
4w ago
U.S. Bank
Senior Underwriting Analyst
8 years exp.
1mo ago
Consolidated Analytics
Senior Underwriting Analyst
3 years exp.
1mo ago
Accenture
Senior Underwriting Analyst
6 years exp.
1mo ago
Accenture
Senior Underwriting Analyst
6 years exp.
View all latest salaries
Senior Underwriting Analyst salaries by
| Years of experience | Avg. annual salary |
|---|---|
5
years
(2
salaries)
| ₹7 L/yr - ₹10 L/yr |
6
years
(5
salaries)
| ₹4.1 L/yr - ₹18.3 L/yr |
Login to view exact salary
| |
7
years
(3
salaries)
| ₹6.3 L/yr - ₹13 L/yr |
8
years
(4
salaries)
| ₹6.2 L/yr - ₹10 L/yr |
9
years
(6
salaries)
| ₹7.5 L/yr - ₹10.6 L/yr |
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Underwriting Analyst Salary
1 -
7
years
exp.
(17 salaries)
| ₹3 L/yr - ₹9.2 L/yr |
Senior Underwriter Salary
3 -
11
years
exp.
(92 salaries)
| ₹4 L/yr - ₹15.5 L/yr |
Login to view exact salary
| |
Underwriting Manager Salary
2 -
14
years
exp.
(80 salaries)
| ₹3.8 L/yr - ₹17.2 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(11.8k salaries)
| ₹3.3 L/yr - ₹17.4 L/yr |
Senior Executive Salary
2 -
11
years
exp.
(25k salaries)
| ₹2.3 L/yr - ₹10 L/yr |
View more similar designations
Salary related reviews by similar designations like Senior Underwriting Analyst
Xceedance
Senior Analyst in Gurgaon / Gurugram
• posted on 28 Aug 2019
Likes
Work culture is good. Perfect company to start your career with. Compensation is also fair.
read more- Job security - Good
+2 more
Dislikes
...portunities are limited to Insurance sector only. Otherwise everything was good. Slow growth in terms of compensation although promotions are too good.
read moreFirstsource Solutions
Senior Analyst in Bangalore Rural
• posted on 15 Jul 2021
Likes
...stsource BPO os the best in bhopal. They have great management in every section. Just salary is too low in comparison to work pressure.
read more- Salary - Good
+6 more
Dislikes
I had a very Bad experience with FIRSTSOURCE Solutions Ltd. Things were really good initially but as time passed I felt that I was at the wrong place. ... The Process Managers and the HR at FIRSTSOURCE thinks that no body is better than them.
read moreAltisource
Senior Associate in Bangalore / Bengaluru
• posted on 06 Apr 2018
Likes
My trainer who was also my team leader and my floor lead were very understanding cooperative learnt alot from them as this was my first job did mistakes but learnt from it. Work Environment is very light had fun. Thank for your support guys.
read more- Salary - Excellent
+3 more
Dislikes
Salary was less because of which I was under ESI insurance which was like no insurance.
read moreFirstsource 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 .
Xceedance
Senior Analyst in Noida
• posted on 06 May 2021
Likes
Good work environment and culture
- Company culture - Good
Dislikes
There is a lot of politics and management doesn’t address the issue. Salary structure is low and career growth is slow.
read moreSenior Underwriting Analyst Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Senior Underwriting Analyst
2 -
9
years
exp.
| ₹5.2 L/yr - ₹13.6 L/yr |
New Delhi
Senior Underwriting Analyst
3 -
8
years
exp.
| ₹4.5 L/yr - ₹13 L/yr |
Login to view exact salary
| |
Gurgaon / Gurugram
Senior Underwriting Analyst
4 -
7
years
exp.
| ₹5.9 L/yr - ₹10 L/yr |
Hyderabad / Secunderabad
Senior Underwriting Analyst
4 -
8
years
exp.
| ₹0.5 L/yr - ₹15 L/yr |
Chennai
Senior Underwriting Analyst
3 -
9
years
exp.
| ₹4 L/yr - ₹11 L/yr |
View More
Senior Underwriting Analyst Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Senior Underwriting Analyst
3 -
9
years
exp.
| ₹4.5 L/yr - ₹10 L/yr |
IT Services & Consulting Senior Underwriting Analyst
3 -
9
years
exp.
| ₹4.5 L/yr - ₹12.5 L/yr |
Login to view exact salary
| |
BPO Senior Underwriting Analyst
3 -
9
years
exp.
| ₹4.1 L/yr - ₹9.5 L/yr |
Consulting Senior Underwriting Analyst
3 -
9
years
exp.
| ₹5.1 L/yr - ₹9.7 L/yr |
Software Product Senior Underwriting Analyst
3 -
8
years
exp.
| ₹4.1 L/yr - ₹12.6 L/yr |
View More
Frequently Asked Questions (FAQS) about Senior Underwriting Analyst Salaries
What is the salary of a Senior Underwriting Analyst in India?
The salary of a Senior Underwriting Analyst in India varies based on experience, location, company & Industry.
On average, Senior Underwriting Analyst salaries ranges from ₹6.2 Lakhs to ₹18.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹6.2 Lakhs to ₹18.0 Lakhs per year, with the highest salary reaching ₹6.3 Lakhs to ₹13.6 Lakhs per year. Salary estimates are based on 18 salaries received from various Senior Underwriting Analysts across industries.
The average starting salary is around ₹6.2 Lakhs to ₹18.0 Lakhs per year, with the highest salary reaching ₹6.3 Lakhs to ₹13.6 Lakhs per year. Salary estimates are based on 18 salaries received from various Senior Underwriting Analysts across industries.
What are the top paying companies that employ Senior Underwriting Analysts?
Senior Underwriting Analyst Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| Accenture Senior Underwriting Analyst Salary | ₹6.3 Lakhs to ₹13.6 Lakhs per year |
| Altisource Senior Underwriting Analyst Salary | ₹6 Lakhs to ₹10 Lakhs per year |
| Firstsource Solutions Senior Underwriting Analyst Salary | ₹4.1 Lakhs to ₹13.2 Lakhs per year |
| Xceedance Senior Underwriting Analyst Salary | ₹2.4 Lakhs to ₹6.2 Lakhs per year |
What are the top paying cities for Senior Underwriting Analyst in India?
The annual salary for Senior Underwriting Analyst in India varies by location. Top paying cities for Senior Underwriting Analyst are
Salary expectations for Senior Underwriting Analyst may vary based on job roles, experience, and specific employer requirements.
| Senior Underwriting Analyst Salary in Bangalore / Bengaluru | ₹5.2 Lakhs to ₹13.6 Lakhs per year |
| Senior Underwriting Analyst Salary in New Delhi | ₹4.5 Lakhs to ₹13.0 Lakhs per year |
| Senior Underwriting Analyst Salary in Gurgaon / Gurugram | ₹5.9 Lakhs to ₹10.0 Lakhs per year |
| Senior Underwriting Analyst Salary in Hyderabad / Secunderabad | ₹0.5 Lakhs to ₹15.0 Lakhs per year |
| Senior Underwriting Analyst Salary in Chennai | ₹4.0 Lakhs to ₹11.0 Lakhs per year |
What are the top paying industries for Senior Underwriting Analyst in India?
Top 5 paying Industries for Senior Underwriting Analyst in India are:
| Senior Underwriting Analyst Salary in Financial Services | ₹4.5 Lakhs to ₹10.0 Lakhs per year |
| Senior Underwriting Analyst Salary in IT Services & Consulting | ₹4.5 Lakhs to ₹12.5 Lakhs per year |
| Senior Underwriting Analyst Salary in BPO | ₹4.1 Lakhs to ₹9.5 Lakhs per year |
| Senior Underwriting Analyst Salary in Consulting | ₹5.1 Lakhs to ₹9.7 Lakhs per year |
| Senior Underwriting Analyst Salary in Software Product | ₹4.1 Lakhs to ₹12.6 Lakhs per year |
How does experience affect salaries of a Senior Underwriting Analyst in India?
Experience significantly impacts a Senior Underwriting Analyst salary in India. Salaries increase with experience, as Senior Underwriting Analyst take on more complex tasks, responsibilities, and leadership roles.
Senior Underwriting Analyst salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 5 years | ₹7.0 Lakhs to ₹10.0 Lakhs per year |
| 6 years | ₹4.1 Lakhs to ₹18.3 Lakhs per year |
| 7 years | ₹6.3 Lakhs to ₹13.0 Lakhs per year |
| 8 years | ₹6.2 Lakhs to ₹10.0 Lakhs per year |
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