Underwriter
Annual salary range
₹1.8 Lakh - ₹9 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byUnderwriter Salary in BFSI, Investments & Trading Department in India
based on 468
latest salaries
• updated:
24 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
(43
salaries)
|  ₹1.8 L/yr - ₹8.2 L/yr |
2
years
(75
salaries)
| ₹1.8 L/yr - ₹8.2 L/yr |
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| |
3
years
(87
salaries)
| ₹1.8 L/yr - ₹8.6 L/yr |
4
years
(75
salaries)
| ₹1.9 L/yr - ₹8.6 L/yr |
5
years
(74
salaries)
| ₹1.8 L/yr - ₹8.9 L/yr |
View all salaries by experience
Underwriter Salary in
India ranges between ₹1.8
Lakh to ₹9
Lakhs for
1 year of experience to 8 years of experience
. Salary estimates are based on
468 latest salaries received
from Underwriter.
See latest salaries
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 | |
| | 2 job openings | |
| | ||
| | ||
| | 1 job opening | |
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
1 yr
exp.
(AmbitionBox Estimate)
|
₹1.7 L/yr - ₹2.2 L/yr | |
8 yrs
exp.
(AmbitionBox Estimate)
|
₹4.9 L/yr - ₹6.2 L/yr | |
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| ||
|
11 yrs
exp.
(AmbitionBox Estimate)
|
₹7.2 L/yr - ₹9.2 L/yr | |
|
3 yrs
exp.
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | 1 job opening |
|
2 yrs
exp.
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
|
3 yrs
exp.
(AmbitionBox Estimate)
|
₹4.1 L/yr - ₹5.2 L/yr | |
5 yrs
exp.
(AmbitionBox Estimate)
|
₹0.2 L/yr - ₹0.2 L/yr | |
5 yrs
exp.
(AmbitionBox Estimate)
|
₹6.1 L/yr - ₹7.8 L/yr | |
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| ||
|
2 yrs
exp.
(AmbitionBox Estimate)
|
₹4.1 L/yr - ₹5.2 L/yr | |
Underwriter Jobs in India
Underwriter
· 8-12 years
Headstrong (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.
(843 salaries)
| ₹3.6 L/yr - ₹13.5 L/yr |
Associate Salary
0 -
8
years
exp.
(2.2L salaries)
| ₹1.9 L/yr - ₹16 L/yr |
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| |
Analyst Salary
0 -
6
years
exp.
(1.7L salaries)
| ₹2.1 L/yr - ₹13.3 L/yr |
Mortgage Underwriter Salary
1 -
8
years
exp.
(2k salaries)
| ₹2 L/yr - ₹8.3 L/yr |
Manager Salary
4 -
16
years
exp.
(3.2L salaries)
| ₹4 L/yr - ₹31 L/yr |
View more similar designations
Salary related reviews by similar designations like Underwriter
SitusAMC
Mortgage Underwriter
• posted on 08 Jul 2022
Likes
Good Organization to work in. Management is very supportive, Good work-life balance, Salary and benefits are well above industry standards.
read moreDislikes
This is not company-specific but jobs US mortgage is very volatile and downtrend in industry could result in layoffs.
ICICI Lombard General Insurance Company
Senior Manager
• posted on 27 Sep 2024
Likes
Good salary compared to other competitors.
Dislikes
On our week off too, we are worried about reporting day. Already pending work is there. Mentally it is very difficult because of mis management.
read moreGenpact
Manager
• posted on 06 Dec 2024
Likes
One can expect work-life balance in most of the teams.
Dislikes
People sitting at leadership level are extremely toxic. Too much politics, almost no compensation hikes, the promotions are not based on credibility.
read moreTCS
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 more
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 By 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 |
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| |
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 ₹1.8 Lakhs to ₹9.0 Lakhs per year. Salary estimates are based on 468 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 ₹1.8 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 ₹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?
- Mumbai - ₹0.5 Lakhs to 27.0 Lakhs per year
- Bangalore / Bengaluru - ₹1.0 Lakhs to 35.0 Lakhs per year
- Pune - ₹1.0 Lakhs to 15.0 Lakhs per year
- New Delhi - ₹1.0 Lakhs to 16.2 Lakhs per year
- Chennai - ₹0.1 Lakhs to 18.0 Lakhs per year
What are the popular/top skills required to become a Underwriter?
These are the top skills of a Underwriter based on 153 jobs posted by employers.
- Communication Skills
- Finance
- Compliance
- Market Research
- Insurance
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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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