Senior Underwriting Associate
Annual salary range
₹2.9 Lakhs - ₹9 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries bySenior Underwriting Associate Salary in India (Updated 2025)
based on 53
latest salaries
• updated:
21 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Senior Underwriting Associate Salary in India ranges between ₹2.9 Lakhs to ₹9 Lakhs for 2 years of experience to 8 years of experience. Salary estimates are based on 53 latest salaries received from Senior Underwriting...
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
2 -
8
yrs
exp.
(5 salaries)
|
₹4 L/yr - ₹8.5 L/yr | |
7 -
10
yrs
exp.
(4 salaries)
|
₹6.6 L/yr - ₹8.5 L/yr | |
Login to view exact salary
| ||
4 -
7
yrs
exp.
(4 salaries)
|
₹4.9 L/yr - ₹6.2 L/yr | |
3 -
4
yrs
exp.
(4 salaries)
|
₹2.8 L/yr - ₹5.2 L/yr | |
3 -
6
yrs
exp.
(4 salaries)
|
₹3 L/yr - ₹7 L/yr | |
2 -
6
yrs
exp.
(3 salaries)
|
₹2.9 L/yr - ₹5 L/yr | |
8 -
9
yrs
exp.
(3 salaries)
|
₹7.5 L/yr - ₹8 L/yr | |
2 -
8
yrs
exp.
(3 salaries)
|
₹5.2 L/yr - ₹7 L/yr | |
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| ||
3 -
4
yrs
exp.
(3 salaries)
|
₹6.2 L/yr - ₹8 L/yr | |
3 -
4
yrs
exp.
(AmbitionBox Estimate)
|
₹8.2 L/yr - ₹10.5 L/yr | |
Latest annual salaries shared by Senior Underwriting Associates
5d ago
WNS
Senior Underwriting Associate
8 years exp.
1w ago
Mphasis
Senior Underwriting Associate
5 years exp.
4w ago
Biz 2 Credit Info Services
Senior Underwriting Associate
4 years exp.
4w ago
Carelon Global Solutions
Senior Underwriting Associate
6 years exp.
1mo ago
Mphasis
Senior Underwriting Associate
3 years exp.
1mo ago
TCS
Senior Underwriting Associate
4 years exp.
3mo ago
Accenture
Senior Underwriting Associate
3 years exp.
4mo ago
Biz 2 Credit Info Services
Senior Underwriting Associate
4 years exp.
6mo ago
Biz 2 Credit Info Services
Senior Underwriting Associate
3 years exp.
6mo ago
WNS
Senior Underwriting Associate
4 years exp.
View all latest salaries
Senior Underwriting Associate salaries by
| Years of experience | Avg. annual salary |
|---|---|
2
years
(9
salaries)
|  ₹2.9 L/yr - ₹8.5 L/yr |
3
years
(12
salaries)
| ₹2.8 L/yr - ₹9 L/yr |
Login to view exact salary
| |
4
years
(9
salaries)
| ₹2.9 L/yr - ₹8 L/yr |
5
years
(3
salaries)
| ₹3 L/yr - ₹5.6 L/yr |
6
years
(7
salaries)
| ₹4.7 L/yr - ₹12 L/yr |
View all salaries by experience
Senior Underwriting Associate Jobs in India
Senior Underwriting Associate
· 3-5 years
Ocrolus
Noida
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| Similar Designation | Avg. annual salary |
|---|---|
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2 -
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exp.
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years
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| ₹2.3 L/yr - ₹23 L/yr |
Login to view exact salary
| |
Customer Service Associate Salary
0 -
5
years
exp.
(38.9k salaries)
| ₹1.2 L/yr - ₹4.5 L/yr |
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0 -
5
years
exp.
(1L salaries)
| ₹1.5 L/yr - ₹4.4 L/yr |
Senior Executive Salary
2 -
11
years
exp.
(2.5L salaries)
| ₹2.4 L/yr - ₹9.5 L/yr |
View more similar designations
Top skills for Senior Underwriting Associate
Senior Underwriting Associate Salary By Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Senior Underwriting Associate
2 -
8
years
exp.
| ₹2.8 L/yr - ₹6.5 L/yr |
Bangalore / Bengaluru
Senior Underwriting Associate
2 -
7
years
exp.
| ₹3 L/yr - ₹9 L/yr |
Login to view exact salary
| |
Chennai
Senior Underwriting Associate
2 -
8
years
exp.
| ₹2.8 L/yr - ₹9.2 L/yr |
Pune
Senior Underwriting Associate
4 -
8
years
exp.
| ₹4 L/yr - ₹5.9 L/yr |
Mumbai
Senior Underwriting Associate
2 -
8
years
exp.
| ₹4.2 L/yr - ₹7 L/yr |
View More
Senior Underwriting Associate Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Senior Underwriting Associate
2 -
8
years
exp.
| ₹2.9 L/yr - ₹8 L/yr |
IT Services & Consulting Senior Underwriting Associate
2 -
8
years
exp.
| ₹2.8 L/yr - ₹8 L/yr |
Login to view exact salary
| |
Insurance Senior Underwriting Associate
2 -
8
years
exp.
| ₹3 L/yr - ₹5.9 L/yr |
BPO Senior Underwriting Associate
2 -
8
years
exp.
| ₹2.8 L/yr - ₹8.5 L/yr |
Software Product Senior Underwriting Associate
3 -
8
years
exp.
| ₹2.8 L/yr - ₹8 L/yr |
View More
Frequently Asked Questions (FAQS) about Senior Underwriting Associate Salaries
What is the salary of a Senior Underwriting Associate in India?
The salary of a Senior Underwriting Associate in India varies based on experience, location, company & Industry.
On average, Senior Underwriting Associate salaries ranges from ₹2.9 Lakhs to ₹9.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹2.9 Lakhs to ₹9.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 53 salaries received from various Senior Underwriting Associates across industries.
The average starting salary is around ₹2.9 Lakhs to ₹9.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 53 salaries received from various Senior Underwriting Associates across industries.
What are the top paying cities for Senior Underwriting Associate in India?
The annual salary for Senior Underwriting Associate in India varies by location. Top paying cities for Senior Underwriting Associate are
Salary expectations for Senior Underwriting Associate may vary based on job roles, experience, and specific employer requirements.
| Senior Underwriting Associate Salary in New Delhi | ₹2.8 Lakhs to ₹6.5 Lakhs per year |
| Senior Underwriting Associate Salary in Bangalore / Bengaluru | ₹3.0 Lakhs to ₹9.0 Lakhs per year |
| Senior Underwriting Associate Salary in Chennai | ₹2.8 Lakhs to ₹9.2 Lakhs per year |
| Senior Underwriting Associate Salary in Pune | ₹4.0 Lakhs to ₹5.9 Lakhs per year |
| Senior Underwriting Associate Salary in Mumbai | ₹4.2 Lakhs to ₹7.0 Lakhs per year |
What are the top paying industries for Senior Underwriting Associate in India?
Top 5 paying Industries for Senior Underwriting Associate in India are:
| Senior Underwriting Associate Salary in Financial Services | ₹2.9 Lakhs to ₹8.0 Lakhs per year |
| Senior Underwriting Associate Salary in IT Services & Consulting | ₹2.8 Lakhs to ₹8.0 Lakhs per year |
| Senior Underwriting Associate Salary in Insurance | ₹3.0 Lakhs to ₹5.9 Lakhs per year |
| Senior Underwriting Associate Salary in BPO | ₹2.8 Lakhs to ₹8.5 Lakhs per year |
| Senior Underwriting Associate Salary in Software Product | ₹2.8 Lakhs to ₹8.0 Lakhs per year |
How does experience affect salaries of a Senior Underwriting Associate in India?
Experience significantly impacts a Senior Underwriting Associate salary in India. Salaries increase with experience, as Senior Underwriting Associate take on more complex tasks, responsibilities, and leadership roles.
Senior Underwriting Associate salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹2.9 Lakhs to ₹8.5 Lakhs per year |
| 3 years | ₹2.8 Lakhs to ₹9.0 Lakhs per year |
| 4 years | ₹2.9 Lakhs to ₹8.0 Lakhs per year |
| 5 years | ₹3.0 Lakhs to ₹5.6 Lakhs per year |
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