Underwriter
Annual salary range
₹2.2 Lakhs - ₹11.4 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 Internet in India
based on 137
latest salaries
• updated:
6 Feb 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
(23
salaries)
|  ₹1.8 L/yr - ₹8 L/yr |
2
years
(23
salaries)
| ₹2 L/yr - ₹9.5 L/yr |
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| |
3
years
(22
salaries)
| ₹2.4 L/yr - ₹9 L/yr |
4
years
(26
salaries)
| ₹2.4 L/yr - ₹10 L/yr |
5
years
(22
salaries)
| ₹2.4 L/yr - ₹17.5 L/yr |
View all salaries by experience
Underwriter Salary in
India ranges between ₹2.2
Lakhs to ₹11.4
Lakhs for
1 year of experience to 8 years of experience
. Salary estimates are based on
137 latest salaries received
from Underwriter.
See latest salaries
Underwriter salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Finance & Accounting
Underwriter Salary
1 - 8
years
exp.
(31
salaries)
| ₹2.2 L/yr - ₹10 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Underwriter Salary
1 - 8
years
exp.
(30
salaries)
| ₹2.4 L/yr - ₹11.4 L/yr |
View all departments salaries
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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 |
|---|---|---|
1 -
7
yrs
exp.
(31 salaries)
|
₹1.8 L/yr - ₹7.5 L/yr | |
0 -
6
yrs
exp.
(17 salaries)
|
₹2.5 L/yr - ₹5 L/yr | |
Login to view exact salary
| ||
1 -
7
yrs
exp.
(14 salaries)
|
₹6 L/yr - ₹9 L/yr | |
2 -
6
yrs
exp.
(7 salaries)
|
₹2.2 L/yr - ₹3 L/yr | |
4 -
7
yrs
exp.
(5 salaries)
|
₹2.8 L/yr - ₹6 L/yr | |
0 -
7
yrs
exp.
(5 salaries)
|
₹8 L/yr - ₹11.4 L/yr | 3 job openings |
4 -
8
yrs
exp.
(4 salaries)
|
₹4 L/yr - ₹4 L/yr | |
1 -
11
yrs
exp.
(4 salaries)
|
₹8 L/yr - ₹21.8 L/yr | |
Login to view exact salary
| ||
2 -
8
yrs
exp.
(4 salaries)
|
₹12.1 L/yr - ₹14.4 L/yr | |
3 -
6
yrs
exp.
(4 salaries)
|
₹3.5 L/yr - ₹4.4 L/yr | |
Underwriter Jobs in India
Underwriter
· 0-3 years
Genpact
Gurgaon / Gurugram
Underwriter
· 2-7 years
HCLTech
Chennai
Underwriter
· 1-3 years
Infosys BPM
Pune
Similar Designation Salaries for Underwriter
| Designations | Avg Annual Salary |
|---|---|
Senior Underwriter Salary
3 -
11
years
exp.
(47 salaries)
| ₹3 L/yr - ₹23 L/yr |
Associate Salary
0 -
8
years
exp.
(18.9k salaries)
| ₹1.8 L/yr - ₹11 L/yr |
Login to view exact salary
| |
Analyst Salary
0 -
6
years
exp.
(22.8k salaries)
| ₹2.6 L/yr - ₹12 L/yr |
Mortgage Underwriter Salary
1 -
8
years
exp.
(180 salaries)
| ₹2 L/yr - ₹8.6 L/yr |
Manager Salary
4 -
16
years
exp.
(36.2k salaries)
| ₹6 L/yr - ₹30 L/yr |
View more similar designations
Salary related reviews by similar designations like Underwriter
TCS
Analyst
• posted on 27 Nov 2024
Likes
Work life balance, job security.
- Skill development - Good
+3 more
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 more- Promotions - Poor
PolicyBazaar
Team Lead
• posted on 26 Dec 2024
Likes
This company is the best in terms of Salary and Incentives.. If your only aim is Money than No one can beat Policy bazaar.. I have personally seen hard working people taking incentive of over 2 lakhs on average regularly.. You can clear your Debt in the shortest period possible..
read more- Salary - Excellent
+1 more
Dislikes
Money Comes the hard way.. No one can earn money by working 8 hours only.. Having said that you have to work 10-12 Hours to earn that extra Money
read more- Work-life balance - Bad
PolicyBazaar
Consultant
• posted on 23 Jan 2021
Likes
...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.
read more- Salary - Excellent
+6 more
Dislikes
Nothing
Top skills for Underwriter
Underwriter Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Bangalore / Bengaluru
Underwriter
1 -
8
years
exp.
| ₹2.3 L/yr - ₹9 L/yr |
Mumbai
Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹11.8 L/yr |
Login to view exact salary
| |
Pune
Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹9.5 L/yr |
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 - ₹8.9 L/yr |
View More
Underwriter Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹10.2 L/yr |
BPO
Underwriter
1 -
8
years
exp.
| ₹2.5 L/yr - ₹9 L/yr |
Login to view exact salary
| |
IT Services & Consulting
Underwriter
1 -
8
years
exp.
| ₹1.8 L/yr - ₹8 L/yr |
Software Product
Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹9 L/yr |
Insurance
Underwriter
1 -
8
years
exp.
| ₹1.8 L/yr - ₹11 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 ₹2.2 Lakhs to ₹11.4 Lakhs per year. Salary estimates are based on 137 latest salaries received from various Underwriters across industries.
What are the top paying companies that employ Underwriters?
- Tata AIG Underwriter Salary - ₹9.8 Lakhs per year
- SitusAMC Underwriter Salary - ₹7.5 Lakhs per year
- ICICI Lombard General Insurance Company Underwriter Salary - ₹6.8 Lakhs per year
- Altisource Underwriter Salary - ₹6.6 Lakhs per year
- VERITY GLOBAL SOLUTIONS Underwriter Salary - ₹6.0 Lakhs per year
What is the starting salary for a Underwriter in India?
Average starting Salary for Underwriter in India is around ₹2.2 Lakhs per year (₹18.3k 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 ₹17.1 Lakhs per year (₹1.4L per month).
What are the top paying industries for Underwriter in India?
- Software Product - ₹1.2 Lakhs to 94.0 Lakhs per year
- Insurance - ₹1.0 Lakhs to 27.0 Lakhs per year
- Financial Services - ₹0.1 Lakhs to 19.2 Lakhs per year
- IT Services & Consulting - ₹1.2 Lakhs to 250.0 Lakhs per year
- BPO - ₹0.1 Lakhs to 12.2 Lakhs per year
What are the top paying cities for Underwriter in India?
- Bangalore / Bengaluru - ₹2.5 Lakhs to 21.8 Lakhs per year
- New Delhi - ₹2.3 Lakhs to 14.4 Lakhs per year
- Gurgaon / Gurugram - ₹2.4 Lakhs to 13.0 Lakhs per year
- Pune - ₹0.4 Lakhs to 7.5 Lakhs per year
- Mumbai - ₹2.2 Lakhs to 9.2 Lakhs per year
What are the popular/top skills required to become a Underwriter?
These are the top skills of a Underwriter based on 144 jobs posted by employers.
- Compliance
- Finance
- Market Research
- Insurance
- Medical Underwriting
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