Underwriter
Annual salary range
₹1.9 Lakh - ₹9.3 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byUnderwriter Salary in Internet in India
based on 2k
latest salaries
• updated:
20 Dec 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise Underwriter salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(256
salaries)
|  ₹1.9 L/yr - ₹9.2 L/yr |
2
years
(350
salaries)
| ₹1.9 L/yr - ₹9.3 L/yr |
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| |
3
years
(361
salaries)
| ₹1.9 L/yr - ₹9 L/yr |
4
years
(325
salaries)
| ₹2 L/yr - ₹9 L/yr |
5
years
(290
salaries)
| ₹2 L/yr - ₹9.3 L/yr |
View all salaries by experience
Underwriter Salary in
India ranges between ₹1.9
Lakh to ₹9.3
Lakhs for
1 year of experience to 8 years of experience
. Salary estimates are based on
2k latest salaries received
from Underwriter.
See latest salaries
Underwriter salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Underwriter Salary
1 - 8
years
exp.
(31
salaries)
| ₹2.4 L/yr - ₹9.2 L/yr |
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| |
Customer Success, Service & Operations
Underwriter Salary
1 - 8
years
exp.
(28
salaries)
| ₹2.3 L/yr - ₹9 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
Bandhan Bank
Underwriter
5 years exp.
1d ago
Ascendum Solutions
Underwriter
4 years exp.
1d ago
Prest Loans (Asaf Ali Road)
Underwriter
4 years exp.
2d ago
Gss Informatics
Underwriter
4 years exp.
2d ago
HDFC Bank
Underwriter
6 years exp.
3d ago
EXL Service
Underwriter
4 years exp.
3d ago
Tata AIG
Underwriter
1 year exp.
4d ago
Genpact
Underwriter
1 year exp.
5d ago
SitusAMC
Underwriter
7 years exp.
5d ago
Care Health Insurance
Underwriter
1 year exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | 1 job opening | |
| | 2 job openings | |
| | ||
| | ||
| | 1 job opening | |
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
1 yr
exp.
(AmbitionBox Estimate)
|
₹1.8 L/yr - ₹2.3 L/yr | |
Login to view exact salary
| ||
Underwriter Jobs in India
Underwriter
· 0-3 years
Genpact
Noida
Underwriter
· 2-7 years
Wipro
Chennai
Underwriter
· 3-5 years
Goldman Sachs
Bangalore / Bengaluru
Similar Designation Salaries for Underwriter
| Designations | Avg Annual Salary |
|---|---|
Senior Underwriter Salary
3 -
10
years
exp.
(47 salaries)
| ₹3.1 L/yr - ₹23 L/yr |
Associate Salary
0 -
8
years
exp.
(19k salaries)
| ₹1.8 L/yr - ₹11 L/yr |
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| |
Analyst Salary
0 -
6
years
exp.
(22.7k salaries)
| ₹2.5 L/yr - ₹12 L/yr |
Mortgage Underwriter Salary
1 -
8
years
exp.
(2k salaries)
| ₹2 L/yr - ₹8.3 L/yr |
Manager Salary
4 -
16
years
exp.
(3.1L salaries)
| ₹4 L/yr - ₹31 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.
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 moreTCS
Team Lead
• posted on 02 Jun 2023
Likes
Good work life balance. Suitable for associates who has landed up with high salary package.
read moreDislikes
The salary appraisals are single digit percentage for top bands. ProMotion cannot be expected soon.
TCS
Team Lead
• posted on 24 Nov 2023
Likes
Fantastic company but incremental percentage are not good so please join with high salary...
read moreDislikes
Increment policy are not good.
TCS
Associate
• posted on 11 Sep 2023
Likes
Although company is good by workculture and seniors and policies.
Dislikes
Only thing i hate about this is its salary structure
Top skills for Underwriter
Underwriter Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Bangalore / Bengaluru
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.3 L/yr |
Mumbai
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.3 L/yr |
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| |
Pune
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.3 L/yr |
Chennai
Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹9.3 L/yr |
New Delhi
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.3 L/yr |
View More
Underwriter Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.3 L/yr |
BPO
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.3 L/yr |
Login to view exact salary
| |
IT Services & Consulting
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.3 L/yr |
Software Product
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.3 L/yr |
Insurance
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.3 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 ₹9.3 Lakhs per year. Salary estimates are based on 2k 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 - ₹7.3 Lakhs per year
- ICICI Lombard General Insurance Company Underwriter Salary - ₹7.1 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 - ₹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 - ₹1.8 Lakhs to 7.5 Lakhs per year
- Mumbai - ₹2.4 Lakhs to 7.0 Lakhs per year
What are the popular/top skills required to become a Underwriter?
These are the top skills of a Underwriter based on 174 jobs posted by employers.
- Communication Skills
- Compliance
- Finance
- Market Research
- Insurance
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Underwriter Interview Questions
based on 50 interviews
Q1.
Tell me about yourself
Q2.
Where you used your strategic thinking skills
Q3.
What is the role of Underwriter
Q4.
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