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 Software Product 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 |
|---|---|
Customer Success, Service & Operations
Underwriter Salary
1 - 8
years
exp.
(123
salaries)
| ₹2.1 L/yr - ₹9 L/yr |
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| |
Finance & Accounting
Underwriter Salary
1 - 8
years
exp.
(93
salaries)
| ₹2 L/yr - ₹8.7 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 |
|---|---|---|
2 -
12
yrs
exp.
(377 salaries)
|
₹2.8 L/yr - ₹10.6 L/yr | 2 job openings |
2 -
11
yrs
exp.
(84 salaries)
|
₹2.8 L/yr - ₹9 L/yr | 6 job openings |
Login to view exact salary
| ||
0 -
4
yrs
exp.
(63 salaries)
|
₹1.5 L/yr - ₹5.5 L/yr | |
2 -
6
yrs
exp.
(11 salaries)
|
₹4 L/yr - ₹5.4 L/yr | |
2 -
5
yrs
exp.
(8 salaries)
|
₹2.5 L/yr - ₹4.6 L/yr | |
1 -
2
yrs
exp.
(7 salaries)
|
₹1.2 L/yr - ₹2.8 L/yr | |
0 -
2
yrs
exp.
(5 salaries)
|
₹1.7 L/yr - ₹2.4 L/yr | |
4 -
10
yrs
exp.
(5 salaries)
|
₹3.1 L/yr - ₹5.8 L/yr | |
Login to view exact salary
| ||
1 -
2
yrs
exp.
(4 salaries)
|
₹1.5 L/yr - ₹1.7 L/yr | |
1 -
5
yrs
exp.
(4 salaries)
|
₹1.2 L/yr - ₹2.8 L/yr | |
Underwriter Jobs in India
Underwriter
· 0-5 years
Genpact
Noida
Underwriter
· 2-7 years
Wipro
Chennai
Underwriter
· 1-4 years
HTC Global Services
₹3.5
L/yr
- ₹4.8
L/yr
Chennai
Similar Designation Salaries for Underwriter
| Designations | Avg Annual Salary |
|---|---|
Senior Underwriter Salary
3 -
10
years
exp.
(166 salaries)
| ₹4.1 L/yr - ₹11.9 L/yr |
Underwriting Manager Salary
5 -
12
years
exp.
(6 salaries)
| ₹5.5 L/yr - ₹20 L/yr |
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| |
Associate Salary
0 -
8
years
exp.
(17.9k salaries)
| ₹1.9 L/yr - ₹10 L/yr |
Analyst Salary
0 -
6
years
exp.
(38.1k salaries)
| ₹2 L/yr - ₹9.9 L/yr |
Manager Salary
4 -
16
years
exp.
(24.8k salaries)
| ₹9.1 L/yr - ₹35 L/yr |
View more similar designations
Salary related reviews by similar designations like Underwriter
Accenture
Team Lead
• posted on 08 Oct 2024
Likes
Skill and Development. There are lot of learning opportunity provided by the company. It has tie ups with lot of partners to help you forward with your certification journey.
read moreDislikes
No hikes since last 20 months. We are working on same salary for last 20 months as there has been no hikes. There are talks of promotion been delayed.
read moreSitusAMC
Senior Underwriter
• posted on 30 Jun 2021
Likes
Good work culture Good joining bonus Good payment Flexible timing Supportive management Covid vaccination drive
read moreDislikes
Training is not sufficient
Mphasis
Senior Manager
• posted on 30 Oct 2020
Likes
I am an ex employee - they have been very proactive with my PF related queries. Working at Mphasis was great and in the mid management, the exposure and learning is much better in mid-sized comapnies like Mphasis than the bigger comanies.
read moreSitusAMC
Underwriter
• posted on 19 Jul 2023
Likes
Work life balance
Dislikes
.... IJP is fake, all upper positions are reserved for friends in Mumbai branch. The associate manager just cut-off the hikes of juniors and add it on own salary. They show too much cleverness on cutting ICP by increasing targets and other things This review is from US Residential Mortgage Bangalore team underwriter.
read moreTop 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 |
Insurance
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.3 L/yr |
Analytics & KPO
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 - ₹9.9 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 - ₹6.5 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 ₹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 ₹17.7 Lakhs per year (₹1.5L 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?
- Mumbai - ₹2.3 Lakhs to 10.1 Lakhs per year
- Bangalore / Bengaluru - ₹3.5 Lakhs to 24.0 Lakhs per year
- New Delhi - ₹1.2 Lakhs to 10.0 Lakhs per year
- Pune - ₹1.5 Lakhs to 10.0 Lakhs per year
- Chennai - ₹1.5 Lakhs to 10.6 Lakhs per year
What are the popular/top skills required to become a Underwriter?
These are the top skills of a Underwriter based on 191 jobs posted by employers.
- Finance
- Compliance
- Market Research
- Insurance
- Medical Underwriting
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Underwriter Interview Questions
based on 50 interviews
Q1.
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Q2.
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Q3.
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Q4.
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