Underwriter
Annual salary range
₹1.9 Lakh - ₹9.5 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byUnderwriter Salary in India
based on 2.1k
latest salaries
• updated:
4 Jan 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
(259
salaries)
|  ₹1.9 L/yr - ₹9.5 L/yr |
2
years
(350
salaries)
| ₹1.9 L/yr - ₹9.5 L/yr |
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| |
3
years
(363
salaries)
| ₹1.9 L/yr - ₹9.5 L/yr |
4
years
(331
salaries)
| ₹2 L/yr - ₹9 L/yr |
5
years
(290
salaries)
| ₹2 L/yr - ₹9.5 L/yr |
View all salaries by experience
Underwriter Salary in
India ranges between ₹1.9
Lakh to ₹9.5
Lakhs for
1 year of experience to 8 years of experience
. Salary estimates are based on
2.1k latest salaries received
from Underwriter.
See latest salaries
Underwriter salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Underwriter Salary
1 - 8
years
exp.
(473
salaries)
| ₹1.9 L/yr - ₹9.5 L/yr |
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| |
Customer Success, Service & Operations
Underwriter Salary
1 - 8
years
exp.
(469
salaries)
| ₹2 L/yr - ₹9.3 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
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 | |
| | 1 job opening | |
| | ||
| | ||
| | 1 job opening | |
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
1 -
4
yrs
exp.
(4 salaries)
|
₹1.6 L/yr - ₹2 L/yr | |
Fresher
(4 salaries)
|
₹1.4 L/yr - ₹1.5 L/yr | |
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| ||
1 -
3
yrs
exp.
(4 salaries)
|
₹4.5 L/yr - ₹5.8 L/yr | |
0 -
6
yrs
exp.
(4 salaries)
|
₹5 L/yr - ₹8 L/yr | |
2 -
14
yrs
exp.
(4 salaries)
|
₹7.5 L/yr - ₹10 L/yr | |
0 -
6
yrs
exp.
(4 salaries)
|
₹4.5 L/yr - ₹12 L/yr | |
1 -
10
yrs
exp.
(4 salaries)
|
₹10.5 L/yr - ₹11.8 L/yr | |
1 -
9
yrs
exp.
(4 salaries)
|
₹4.3 L/yr - ₹8.2 L/yr | |
Login to view exact salary
| ||
Underwriter Jobs in India
Underwriter
· 0-5 years
Genpact
Noida
Underwriter
· 4-8 years
Infosys BPM
Mangaluru
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.
(845 salaries)
| ₹3.6 L/yr - ₹13.9 L/yr |
Underwriting Manager Salary
2 -
15
years
exp.
(321 salaries)
| ₹3.2 L/yr - ₹19.8 L/yr |
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| |
Mortgage Underwriter Salary
1 -
8
years
exp.
(2k salaries)
| ₹2 L/yr - ₹8.3 L/yr |
Analyst Salary
0 -
6
years
exp.
(1.7L salaries)
| ₹2.1 L/yr - ₹13.2 L/yr |
Associate Salary
0 -
8
years
exp.
(2.2L salaries)
| ₹1.9 L/yr - ₹16 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
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 moreVisionet Systems
Associate
• posted on 01 Apr 2019
ICICI Prudential Life Insurance
Underwriting Manager
• posted on 21 Mar 2021
Likes
Icici prudential is a big platform where you can showcase your talent, it provides diversity and various opportunities for growth, knowledge and learnings, acknowledges the efforts, eers, seniors are all great support
read moreDislikes
Work life balance, salary growth is a bit slow, stretch hours
Genpact
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 moreTop skills for Underwriter
Underwriter Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Bangalore / Bengaluru
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
Mumbai
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
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| |
Pune
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
Chennai
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
New Delhi
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
View More
Underwriter Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
BPO
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
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| |
IT Services & Consulting
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
Software Product
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 L/yr |
Insurance
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹9.4 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 ₹9.5 Lakhs per year. Salary estimates are based on 2.1k 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 - ₹7.0 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 ₹1.9 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 ₹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 14.4 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 164 jobs posted by employers.
- Communication Skills
- Finance
- Compliance
- Market Research
- Insurance
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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.
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