Underwriter
Annual salary range
₹2.2 Lakhs - ₹5 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
Filter salaries byUnderwriter Salary in Recruitment in India
based on 49
latest salaries
• updated:
15 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
(11
salaries)
|  ₹2.2 L/yr - ₹4.3 L/yr |
2
years
(8
salaries)
| ₹2.2 L/yr - ₹5 L/yr |
Login to view exact salary
| |
3
years
(11
salaries)
| ₹2.4 L/yr - ₹5 L/yr |
4
years
(8
salaries)
| ₹3 L/yr - ₹5 L/yr |
5
years
(10
salaries)
| ₹3 L/yr - ₹4.9 L/yr |
View all salaries by experience
Underwriter Salary in
India ranges between ₹2.2
Lakhs to ₹5
Lakhs for
1 year of experience to 6 years of experience
. Salary estimates are based on
49 latest salaries received
from Underwriter.
See latest salaries
Underwriter salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Customer Success, Service & Operations
Underwriter Salary
1 - 5
years
exp.
(15
salaries)
| ₹2.2 L/yr - ₹5 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Underwriter Salary
1 - 5
years
exp.
(9
salaries)
| ₹2.4 L/yr - ₹5 L/yr |
Explore on this page
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 | |
| | 1 job opening | |
| | ||
| | ||
| | 1 job opening | |
Is this list helpful? | ||
View more companies
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
4
yrs
exp.
(21 salaries)
|
₹2 L/yr - ₹5 L/yr | |
2 -
6
yrs
exp.
(11 salaries)
|
₹4 L/yr - ₹5.4 L/yr | |
Login to view exact salary
| ||
1 -
5
yrs
exp.
(7 salaries)
|
₹2.4 L/yr - ₹4.3 L/yr | |
5 yrs
exp.
(6 salaries)
|
₹3.8 L/yr - ₹4.8 L/yr | |
1 -
4
yrs
exp.
(3 salaries)
|
₹2.1 L/yr - ₹4 L/yr | |
5 -
6
yrs
exp.
(AmbitionBox Estimate)
|
₹5 L/yr - ₹6.4 L/yr | |
0 -
3
yrs
exp.
(AmbitionBox Estimate)
|
₹1.7 L/yr - ₹2.2 L/yr | |
1 yr
exp.
(AmbitionBox Estimate)
|
₹3 L/yr - ₹3.8 L/yr | |
Login to view exact salary
| ||
|
1 -
2
yrs
exp.
(AmbitionBox Estimate)
|
₹2.2 L/yr - ₹2.8 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
· 2-6 years
HCLTech
₹1
L/yr
- ₹5
L/yr
Chennai
Underwriter
· 2-7 years
Wipro
Chennai
Similar Designation Salaries for Underwriter
| Designations | Avg Annual Salary |
|---|---|
Senior Underwriter Salary
3 -
10
years
exp.
(14 salaries)
| ₹3.6 L/yr - ₹8 L/yr |
Mortgage Underwriter Salary
1 -
7
years
exp.
(136 salaries)
| ₹2 L/yr - ₹5 L/yr |
Login to view exact salary
| |
Analyst Salary
0 -
6
years
exp.
(2.1k salaries)
| ₹2 L/yr - ₹8.2 L/yr |
Associate Salary
0 -
7
years
exp.
(4.8k salaries)
| ₹1.7 L/yr - ₹5.9 L/yr |
Manager Salary
4 -
16
years
exp.
(2.1k salaries)
| ₹4 L/yr - ₹27 L/yr |
View more similar designations
Salary related reviews by similar designations like Underwriter
Flatworld Solutions
Team Lead
• posted on 18 Sep 2018
Likes
Job security, salary , work envirnoment and transport.
Dislikes
No work pressure. I do recieve appreciation from my client..No proper apprisal lots of politics and partiality within the teammates and managers.
read moreFlatworld Solutions
Associate
• posted on 05 Dec 2021
Likes
Company has good infrastructure environment with good transparent management policies assuring the employees on job securities.
read moreDislikes
Salary is decent and to make career may take time.
Flatworld Solutions
Mortgage Underwriter
• posted on 26 Feb 2021
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 |
Login to view exact salary
| |
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 ₹2.2 Lakhs to ₹5.0 Lakhs per year. Salary estimates are based on 49 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 ₹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 ₹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?
- Hyderabad / Secunderabad - ₹5.5 Lakhs to 5.6 Lakhs per year
- Bangalore / Bengaluru - ₹2.0 Lakhs to 5.4 Lakhs per year
- Kochi - ₹2.4 Lakhs to 3.6 Lakhs per year
- Coimbatore - ₹3.0 Lakhs to 3.0 Lakhs per year
- Prayagraj / Allahabad - ₹1.9 Lakhs to 1.9 Lakhs per year
What are the popular/top skills required to become a Underwriter?
These are the top skills of a Underwriter based on 161 jobs posted by employers.
- Communication Skills
- Finance
- Compliance
- Market Research
- Insurance
Tell us how to improve this page.
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
Calculate your monthly in-hand salary
What’s left after taxes? Enter your CTC for a breakdown.
- Home >
- Salaries >
- Underwriter Salary >
- Underwriter Salary in Recruitment Companies
Rate your company