Underwriter
Annual salary range
₹1.8 Lakh - ₹10.2 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byUnderwriter Salary in Management Consulting in India
based on 57
latest salaries
• updated:
4 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
(19
salaries)
|  ₹1.7 L/yr - ₹3 L/yr |
2
years
(18
salaries)
| ₹1.8 L/yr - ₹3.8 L/yr |
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| |
3
years
(10
salaries)
| ₹3.2 L/yr - ₹5.5 L/yr |
4
years
(6
salaries)
| ₹2.8 L/yr - ₹10.2 L/yr |
5
years
(1
salaries)
| ₹10.2 L/yr - ₹10.2 L/yr |
View all salaries by experience
Underwriter Salary in
India ranges between ₹1.8
Lakh to ₹10.2
Lakhs for
1 year of experience to 6 years of experience
. Salary estimates are based on
57 latest salaries received
from Underwriter.
See latest salaries
Underwriter salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Customer Success, Service & Operations
Underwriter Salary
1 - 4
years
exp.
(15
salaries)
| ₹1.8 L/yr - ₹5.5 L/yr |
Login to view exact salary
| |
Finance & Accounting
Underwriter Salary
1 - 3
years
exp.
(11
salaries)
| ₹1.8 L/yr - ₹3.5 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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View more companies
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
4
yrs
exp.
(64 salaries)
|
₹1.5 L/yr - ₹5.5 L/yr | |
3 -
13
yrs
exp.
(10 salaries)
|
₹9 L/yr - ₹21 L/yr | |
Login to view exact salary
| ||
4 yrs
exp.
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
Underwriter Jobs in India
Underwriter
· 5-6 years
General Mills, Inc.
Mumbai
Underwriter
· 5-8 years
HCLTech
Chennai
Underwriter
· 0-3 years
Genpact
Gurgaon / Gurugram
Similar Designation Salaries for Underwriter
| Designations | Avg Annual Salary |
|---|---|
Senior Underwriter Salary
3 -
7
years
exp.
(6 salaries)
| ₹4.1 L/yr - ₹9.8 L/yr |
Associate Salary
1 -
7
years
exp.
(20.8k salaries)
| ₹2.5 L/yr - ₹19.7 L/yr |
Login to view exact salary
| |
Analyst Salary
0 -
6
years
exp.
(29.9k salaries)
| ₹3 L/yr - ₹12 L/yr |
Mortgage Underwriter Salary
1 -
4
years
exp.
(167 salaries)
| ₹1.8 L/yr - ₹5.3 L/yr |
Manager Salary
4 -
16
years
exp.
(27k salaries)
| ₹15 L/yr - ₹41 L/yr |
View more similar designations
Salary related reviews by similar designations like Underwriter
Accenture
Senior Manager
• posted on 05 Nov 2024
Likes
Good culture Good growth opportunities, Decent compensation
- Salary - Good
+5 more
Dislikes
Culture, growth opportunities and compensation have declined from great to good in last 2-3 years. The focus is only on share price, no longer a people focused company
read moreAccenture
Team Lead
• posted on 28 Jun 2024
Likes
Work life balance and respect for the individual is the great thing we follow here. Everyone is heard. You will never feel wrongly judged or any kind of demeaning politics inside teams.
read more- Skill development - Excellent
+4 more
Dislikes
...ent salary not matching market value, people are frustrated and leaving company. Even the variable pay also didn't happen as per outcome.
read more- Promotions - Poor
Accenture
Team Lead
• posted on 02 Dec 2024
Likes
Good learning opportunities
- Skill development - Excellent
+3 more
Dislikes
No salary hikes from past 2 years and whosoever have got promotion, even they got near about 10% hike
read moreAccenture
Manager
• 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 moreTop 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 |
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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 - ₹8.5 L/yr |
New Delhi
Underwriter
1 -
8
years
exp.
| ₹2 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 - ₹9.1 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 ₹1.8 Lakhs to ₹10.2 Lakhs per year. Salary estimates are based on 57 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 ₹1.8 Lakhs per year (₹15.0k 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 - ₹12.5 Lakhs to 21.0 Lakhs per year
- Pune - ₹9.0 Lakhs to 12.0 Lakhs per year
- New Delhi - ₹2.5 Lakhs to 5.4 Lakhs per year
- Tiruchirappalli - ₹2.2 Lakhs to 2.8 Lakhs per year
- Chennai - ₹1.5 Lakhs to 5.2 Lakhs per year
What are the popular/top skills required to become a Underwriter?
These are the top skills of a Underwriter based on 157 jobs posted by employers.
- Compliance
- Finance
- Market Research
- Insurance
- Medical Underwriting
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