Underwriter
Annual salary range
₹2.3 Lakhs - ₹9 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 byUnderwriter Salary in Bangalore / Bengaluru (Updated 2025)
based on 482
latest salaries
• updated:
12 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Underwriter Salary in Bangalore / Bengaluru ranges between ₹2.3 Lakhs to ₹9 Lakhs for 1 year of experience to 8 years of experience. Salary estimates are based on 482 latest salaries received from 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 |
|---|---|---|
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| | 3 job openings | |
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
1 -
2
yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹2.2 L/yr - ₹2.8 L/yr | |
|
1 yr
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹2 L/yr - ₹2.6 L/yr | |
Login to view exact salary
| ||
3 -
5
yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹5 L/yr - ₹6.3 L/yr | |
4 -
5
yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹7.4 L/yr - ₹8.4 L/yr | |
3 -
6
yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹7.9 L/yr - ₹10.1 L/yr | |
|
2 -
4
yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹3.4 L/yr - ₹4.3 L/yr | |
|
3 -
4
yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹4.1 L/yr - ₹5.2 L/yr | |
4 -
5
yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹4.3 L/yr - ₹5.5 L/yr | |
Login to view exact salary
| ||
|
8 -
9
yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹11.7 L/yr - ₹15 L/yr | |
Latest annual salaries shared by Underwriters
1d ago
Stanvac Systems
Underwriter
4 years exp.
2d ago
Kreditstack Financial Services
Underwriter
6 years exp.
2d ago
Gallagher
Underwriter
5 years exp.
2d ago
Homeward
Underwriter
8 years exp.
3d ago
Bajaj Finance
Underwriter
6 years exp.
3d ago
Swiss Re
Underwriter
1 year exp.
4d ago
Techtitans Solutions
Underwriter
3 years exp.
5d ago
Accenture
Underwriter
2 years exp.
5d ago
Mphasis
Underwriter
3 years exp.
5d ago
Ocwen Financial Solutions
Underwriter
6 years exp.
View all latest salaries
Underwriter salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(54
salaries)
| ₹2 L/yr - ₹5.6 L/yr |
2
years
(64
salaries)
| ₹2.2 L/yr - ₹5.9 L/yr |
Login to view exact salary
| |
3
years
(92
salaries)
| ₹2.5 L/yr - ₹8 L/yr |
4
years
(81
salaries)
| ₹2.5 L/yr - ₹9 L/yr |
5
years
(84
salaries)
| ₹3.8 L/yr - ₹10 L/yr |
View all salaries by experience
Underwriter Jobs in Bangalore / Bengaluru
Underwriter
· 3-4 years
BAJAJ FINANCIAL SECURITIES LIMITED
Pune
Underwriter
· 0-3 years
Genpact
Gurgaon / Gurugram
Underwriter
· 1-2 years
Infosys BPM
₹1.3
L/yr
- ₹1.5
L/yr
Hyderabad / Secunderabad
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Senior Underwriter Salary
3 -
11
years
exp.
(225 salaries)
| ₹4.1 L/yr - ₹19.5 L/yr |
Associate Salary
0 -
8
years
exp.
(36.7k salaries)
| ₹2.3 L/yr - ₹20.5 L/yr |
Login to view exact salary
| |
Analyst Salary
0 -
6
years
exp.
(31.6k salaries)
| ₹2.6 L/yr - ₹12.6 L/yr |
Mortgage Underwriter Salary
1 -
8
years
exp.
(530 salaries)
| ₹2.2 L/yr - ₹8 L/yr |
Manager Salary
4 -
16
years
exp.
(38.9k salaries)
| ₹5.5 L/yr - ₹35.5 L/yr |
View more similar designations
Salary related reviews by similar designations like Underwriter
Accenture
Manager in Bangalore / Bengaluru
• posted on 17 Jan 2025
Likes
Org is Serious about quality of client delivery. Salary and hikes are better than peers. Promotions based on work
read more- Salary - Good
+5 more
Dislikes
The culture has diluted over last 15 years. Its not the Accenture that it was 15 years back.. HR has no say now and its all senior management driven
read moreEXL Service
Senior Manager in Bangalore / Bengaluru
• posted on 20 Dec 2024
Genpact
Consultant in Bangalore / Bengaluru
• posted on 17 Jan 2025
Likes
Job security is ok Good work life balance that to depends on project
- Job security - Good
+1 more
Dislikes
How much good project you got depends on ur luck. Salary hikes to most of candidate is in one digit only. Getting promotions is very tough one of my friend worked for 6 year but not got promotion
read more- Skill development - Poor
+1 more
Firstsource Solutions
Team Lead
• posted on 16 Jan 2025
Likes
Nice Work invironment , Fun at work , employee's respect at work
- Skill development - Excellent
+4 more
Dislikes
Low salary , Low Salary and Low Salary.....
SitusAMC
Underwriter in Bangalore / Bengaluru
• posted on 19 Jul 2023
Likes
Work life balance
- Work-life balance - Excellent
Dislikes
.... IJP is fake, all upper positions are reserved for friends in Mumbai branch. The associate manager just cut-off the hikes of juniors and add it on own salary. They show too much cleverness on cutting ICP by increasing targets and other things This review is from US Residential Mortgage Bangalore team underwriter.
read more- Skill development - Bad
+3 more
Top skills for Underwriter
Underwriter Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Mumbai
Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹11 L/yr |
Pune
Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹9.5 L/yr |
Login to view exact salary
| |
Chennai
Underwriter
1 -
8
years
exp.
| ₹1.8 L/yr - ₹8.5 L/yr |
New Delhi
Underwriter
1 -
8
years
exp.
| ₹2.1 L/yr - ₹9.4 L/yr |
Gurgaon / Gurugram
Underwriter
1 -
8
years
exp.
| ₹2.2 L/yr - ₹8.9 L/yr |
View More
Underwriter Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹10 L/yr |
Insurance Underwriter
1 -
8
years
exp.
| ₹1.8 L/yr - ₹10.1 L/yr |
Login to view exact salary
| |
BPO Underwriter
1 -
8
years
exp.
| ₹2.5 L/yr - ₹9.2 L/yr |
IT Services & Consulting Underwriter
1 -
8
years
exp.
| ₹1.8 L/yr - ₹8 L/yr |
Software Product Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
View More
Frequently Asked Questions about Underwriter Salaries
What is the salary of a Underwriter in India?
Salary for a Underwriter in India ranges between ₹2.3 Lakhs to ₹9.0 Lakhs per year. Salary estimates are based on 482 latest salaries received from various Underwriters across industries.
What are the top paying companies that employ Underwriters?
- Tata AIG Underwriter Salary - ₹9.3 Lakhs per year
- SitusAMC Underwriter Salary - ₹7.5 Lakhs per year
- ICICI Lombard General Insurance Company Underwriter Salary - ₹7.3 Lakhs per year
- Mphasis Underwriter Salary - ₹6.0 Lakhs per year
- VERITY GLOBAL SOLUTIONS Underwriter Salary - ₹5.8 Lakhs per year
What is the starting salary for a Underwriter in India?
Average starting Salary for Underwriter in India is around ₹2.3 Lakhs per year (₹19.2k per month). 1 year of minimum experience is required to be a Underwriter.
What is the highest salary for a Underwriter in India?
Highest salary that a Underwriter can earn is ₹16.1 Lakhs per year (₹1.3L per month).
What are the top paying industries for Underwriter in India?
- Software Product - ₹4.0 Lakhs to 10.9 Lakhs per year
- Insurance - ₹1.5 Lakhs to 21.0 Lakhs per year
- IT Services & Consulting - ₹2.0 Lakhs to 24.0 Lakhs per year
- BPO - ₹2.0 Lakhs to 9.8 Lakhs per year
- FinTech - ₹1.8 Lakhs to 13.5 Lakhs per year
What are the top paying cities for Underwriter in India?
- Mumbai - ₹0.5 Lakhs to 29.0 Lakhs per year
- Bangalore / Bengaluru - ₹1.0 Lakhs to 35.0 Lakhs per year
- Pune - ₹0.4 Lakhs to 15.0 Lakhs per year
- New Delhi - ₹1.0 Lakhs to 14.4 Lakhs per year
- Chennai - ₹0.1 Lakhs to 18.0 Lakhs per year
What are the popular/top skills required to become a Underwriter?
These are the top skills of a Underwriter based on 136 jobs posted by employers.
- Finance
- Compliance
- Market Research
- Insurance
- Medical Underwriting
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