Underwriter
Annual salary range
₹1.9 Lakh - ₹9.4 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byUnderwriter Salary in Chennai
based on 2.1k
latest salaries
• updated:
3 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Underwriter salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(258
salaries)
|  ₹1.9 L/yr - ₹9.2 L/yr |
2
years
(347
salaries)
| ₹1.9 L/yr - ₹9.3 L/yr |
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| |
3
years
(362
salaries)
| ₹1.9 L/yr - ₹9 L/yr |
4
years
(332
salaries)
| ₹2 L/yr - ₹9 L/yr |
5
years
(289
salaries)
| ₹2 L/yr - ₹9.3 L/yr |
View all salaries by experience
Underwriter Salary in
Chennai ranges between ₹1.9
Lakh to ₹9.4
Lakhs for
1 year of experience to 8 years of experience
. Salary estimates are based on
2.1k latest salaries received
from Underwriter.
See latest salaries
Underwriter salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Underwriter Salary
1 - 7
years
exp.
(53
salaries)
| ₹1.8 L/yr - ₹8.3 L/yr |
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| |
Customer Success, Service & Operations
Underwriter Salary
1 - 8
years
exp.
(49
salaries)
| ₹1.8 L/yr - ₹8.1 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 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
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | ||
| | ||
| | ||
| | ||
| | 1 job opening | |
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
5
yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹2.4 L/yr - ₹3 L/yr | |
4 -
5
yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹3.7 L/yr - ₹4.8 L/yr | |
Login to view exact salary
| ||
3 -
6
yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹1.6 L/yr - ₹3.5 L/yr | |
4 -
5
yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹2.4 L/yr - ₹3.1 L/yr | |
|
4 -
5
yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹5.2 L/yr - ₹6.6 L/yr | |
2 yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹2.6 L/yr - ₹6.3 L/yr | |
8 yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹2.9 L/yr | |
|
1 yr
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹1.9 L/yr - ₹2.5 L/yr | |
Login to view exact salary
| ||
Fresher
.
Chennai
(AmbitionBox Estimate)
|
₹4.8 L/yr - ₹6.1 L/yr | |
|
8 yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹16.2 L/yr - ₹20.7 L/yr | |
Underwriter Jobs in Chennai
Underwriter
· 2-7 years
Wipro
Chennai
Underwriter
· 1-6 years
Genpact
Noida
Underwriter
· 1-4 years
Max Life Insurance Company Limited
Gurgaon / Gurugram
Similar Designation Salaries for Underwriter
| Designations | Avg Annual Salary |
|---|---|
Senior Underwriter Salary
3 -
10
years
exp.
(136 salaries)
| ₹4.1 L/yr - ₹9.6 L/yr |
Associate Salary
0 -
8
years
exp.
(2.2L salaries)
| ₹1.9 L/yr - ₹16 L/yr |
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| |
Analyst Salary
0 -
6
years
exp.
(1.7L salaries)
| ₹2.1 L/yr - ₹13.2 L/yr |
Mortgage Underwriter Salary
1 -
8
years
exp.
(2k salaries)
| ₹2 L/yr - ₹8.3 L/yr |
Manager Salary
4 -
16
years
exp.
(19.4k salaries)
| ₹4 L/yr - ₹26 L/yr |
View more similar designations
Salary related reviews by similar designations like Underwriter
Genpact
Manager in Gurgaon / Gurugram
• posted on 06 Dec 2024
Likes
One can expect work-life balance in most of the teams.
Dislikes
People sitting at leadership level are extremely toxic. Too much politics, almost no compensation hikes, the promotions are not based on credibility.
read moreTCS
Analyst in Pune
• posted on 27 Nov 2024
Likes
Work life balance, job security.
Dislikes
Work culture (not all, but because of some senior managers who don't support our ambition), low salary that doesn't increase according to inflations, no bonuses, promotions that grows only in few percent which doesn't make a big difference.
read moreAccenture
Associate in Gurgaon / Gurugram
• posted on 01 Oct 2024
ICICI Lombard General Insurance Company
Chief Manager in Chennai
• posted on 06 May 2022
Likes
...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.
read moreICICI Prudential Life Insurance
Manager in Vadodara
• posted on 16 May 2019
Likes
Big company with good compensation and benefits
Dislikes
Culture is not good, decision makers and not well educated, favouritism, you will never get promoted if u are not boot licker.
read moreTop skills for Underwriter
Underwriter Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
Bangalore / Bengaluru
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
Mumbai
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
Login to view exact salary
| |
Pune
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
New Delhi
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
Gurgaon / Gurugram
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
View More
Underwriter Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
BPO
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
Login to view exact salary
| |
IT Services & Consulting
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
Software Product
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
Insurance
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 ₹1.9 Lakhs to ₹9.4 Lakhs per year. Salary estimates are based on 2.1k latest salaries received from various Underwriters across industries.
What are the top paying companies that employ Underwriters?
- Tata AIG Underwriter Salary - ₹10.0 Lakhs per year
- SitusAMC Underwriter Salary - ₹7.4 Lakhs per year
- ICICI Lombard General Insurance Company Underwriter Salary - ₹7.0 Lakhs per year
- Altisource Underwriter Salary - ₹6.6 Lakhs per year
- Iffco Tokio General Insurance Co. Underwriter Salary - ₹6.3 Lakhs per year
What is the starting salary for a Underwriter in India?
Average starting Salary for Underwriter in India is around ₹1.9 Lakhs per year (₹15.8k 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 ₹12.9 Lakhs per year (₹1.1L per month).
What are the top paying industries for Underwriter in India?
- Software Product - ₹2.5 Lakhs to 10.6 Lakhs per year
- Banking - ₹2.5 Lakhs to 8.5 Lakhs per year
- BPO - ₹0.1 Lakhs to 7.5 Lakhs per year
- Insurance - ₹1.6 Lakhs to 9.6 Lakhs per year
- IT Services & Consulting - ₹1.3 Lakhs to 8.2 Lakhs per year
What are the top paying cities for Underwriter in India?
- Mumbai - ₹0.5 Lakhs to 27.0 Lakhs per year
- Bangalore / Bengaluru - ₹1.0 Lakhs to 35.0 Lakhs per year
- Pune - ₹1.0 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 141 jobs posted by employers.
- Communication Skills
- Compliance
- Finance
- Market Research
- Insurance
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