Underwriter
Annual salary range
₹3.1 Lakhs - ₹8.6 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
Filter salaries byUnderwriter Salary in Investment Banking / Venture Capital / Private Equity in India
based on 78
latest salaries
• updated:
31 Oct 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise Underwriter salaries
| Years of experience | Avg. Annual Salary |
|---|---|
2
years
(10
salaries)
|  ₹3.1 L/yr - ₹6.5 L/yr |
3
years
(12
salaries)
| ₹4 L/yr - ₹8.6 L/yr |
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| |
4
years
(19
salaries)
| ₹3.5 L/yr - ₹8.6 L/yr |
5
years
(13
salaries)
| ₹3.7 L/yr - ₹7.8 L/yr |
6
years
(9
salaries)
| ₹4.5 L/yr - ₹7.5 L/yr |
View all salaries by experience
Underwriter Salary in
India ranges between ₹3.1
Lakhs to ₹8.6
Lakhs for
2 years of experience to 8 years of experience
. Salary estimates are based on
78 latest salaries received
from Underwriter.
See latest salaries
Underwriter salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Customer Success, Service & Operations
Underwriter Salary
2 - 8
years
exp.
(22
salaries)
| ₹3.1 L/yr - ₹8.2 L/yr |
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| |
BFSI, Investments & Trading
Underwriter Salary
2 - 7
years
exp.
(20
salaries)
| ₹4 L/yr - ₹8.6 L/yr |
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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
2d ago
Consolidated Analytics
Underwriter
3 years exp.
2d ago
SitusAMC
Underwriter
7 years exp.
3d ago
Maxso Technologies
Underwriter
2 years exp.
3d ago
PolicyBazaar
Underwriter
1 year exp.
3d ago
Life Insurance Corporation of India
Underwriter
3 years exp.
4d ago
Mphasis
Underwriter
5 years exp.
4d ago
Envision Infotec
Underwriter
1 year exp.
4d ago
Future First Technologies
Underwriter
7 years exp.
4d ago
First Source
Underwriter
5 years exp.
4d ago
Cognizant
Underwriter
2 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | 1 job opening | |
| | 3 job openings | |
| | ||
| | ||
| | 1 job opening | |
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
2 -
9
yrs
exp.
(78 salaries)
|
₹3.1 L/yr - ₹9.3 L/yr | |
2 -
9
yrs
exp.
(7 salaries)
|
₹2.5 L/yr - ₹6 L/yr | |
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| ||
1 -
6
yrs
exp.
(3 salaries)
|
₹2.4 L/yr - ₹5 L/yr | |
7 -
10
yrs
exp.
(AmbitionBox Estimate)
|
₹6.4 L/yr - ₹8.2 L/yr | |
8 -
18
yrs
exp.
(AmbitionBox Estimate)
|
₹6.8 L/yr - ₹8.6 L/yr | |
3 yrs
exp.
(AmbitionBox Estimate)
|
₹3.6 L/yr - ₹4.6 L/yr | |
Underwriter Jobs in India
Underwriter
· 0-5 years
Genpact
Noida
Underwriter
· 2-7 years
Wipro
Chennai
Underwriter
· 2-6 years
HCLTech
₹1
L/yr
- ₹5
L/yr
Chennai
Similar Designation Salaries for Underwriter
| Designations | Avg Annual Salary |
|---|---|
Senior Underwriter Salary
3 -
10
years
exp.
(42 salaries)
| ₹3.1 L/yr - ₹11 L/yr |
Mortgage Underwriter Salary
1 -
8
years
exp.
(62 salaries)
| ₹2.9 L/yr - ₹9 L/yr |
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| |
Associate Salary
1 -
7
years
exp.
(1.3k salaries)
| ₹2.8 L/yr - ₹32.3 L/yr |
Manager Salary
4 -
16
years
exp.
(863 salaries)
| ₹5.4 L/yr - ₹30 L/yr |
Analyst Salary
0 -
6
years
exp.
(1.4k salaries)
| ₹3.4 L/yr - ₹18 L/yr |
View more similar designations
Salary related reviews by similar designations like Underwriter
VERITY GLOBAL SOLUTIONS
Mortgage Underwriter
• posted on 24 May 2023
Likes
work from home
Dislikes
There is no job security company's HR promised over the call that they would pay for notice period and nothing was mentioned in offer letter however when FNF statement was send HR started asking for supporting documents and they denied to pay for FNF amount.
read moreVERITY GLOBAL SOLUTIONS
Team Lead
• posted on 21 Apr 2022
Likes
Good work environment and culture. Teammates are supportive and the management is transperent. Also the company is continuing WFH.
read moreDislikes
Company should give good salary hike and bonus every year.
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 - ₹9.2 L/yr |
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| |
Pune
Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹9.5 L/yr |
Chennai
Underwriter
1 -
8
years
exp.
| ₹1.8 L/yr - ₹8.3 L/yr |
New Delhi
Underwriter
1 -
8
years
exp.
| ₹2.1 L/yr - ₹9.4 L/yr |
View More
Underwriter Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹10.1 L/yr |
BPO
Underwriter
1 -
8
years
exp.
| ₹2.5 L/yr - ₹9 L/yr |
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| |
IT Services & Consulting
Underwriter
1 -
8
years
exp.
| ₹1.9 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 - ₹10.1 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 ₹3.1 Lakhs to ₹8.6 Lakhs per year. Salary estimates are based on 78 latest salaries received from various Underwriters across industries.
What are the top paying companies that employ Underwriters?
- Tata AIG Underwriter Salary - ₹10.6 Lakhs per year
- SitusAMC Underwriter Salary - ₹7.3 Lakhs per year
- ICICI Lombard General Insurance Company Underwriter Salary - ₹7.2 Lakhs per year
- Altisource Underwriter Salary - ₹6.5 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 ₹3.1 Lakhs per year (₹25.8k per month). 2 years 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 ₹15.0 Lakhs per year (₹1.3L 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?
- Hyderabad / Secunderabad - ₹5.6 Lakhs to 8.0 Lakhs per year
- Chennai - ₹4.8 Lakhs to 7.2 Lakhs per year
- Mumbai - ₹3.7 Lakhs to 9.0 Lakhs per year
- Bangalore / Bengaluru - ₹3.1 Lakhs to 9.3 Lakhs per year
- Pune - ₹2.5 Lakhs to 8.5 Lakhs per year
What are the popular/top skills required to become a Underwriter?
These are the top skills of a Underwriter based on 200 jobs posted by employers.
- Finance
- Compliance
- Market Research
- Insurance
- Medical Underwriting
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Popular Calculators
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.
What are the types of risk
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