Underwriter
Annual salary range
₹1.9 Lakh - ₹9.4 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:
14 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
(258
salaries)
|  ₹1.9 L/yr - ₹9.2 L/yr |
2
years
(355
salaries)
| ₹1.9 L/yr - ₹9.3 L/yr |
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| |
3
years
(359
salaries)
| ₹1.9 L/yr - ₹9 L/yr |
4
years
(324
salaries)
| ₹2 L/yr - ₹9 L/yr |
5
years
(294
salaries)
| ₹2 L/yr - ₹9.3 L/yr |
View all salaries by experience
Underwriter Salary in
India ranges between ₹1.9
Lakh to ₹9.4
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.
(467
salaries)
| ₹1.9 L/yr - ₹9.3 L/yr |
Login to view exact salary
| |
Customer Success, Service & Operations
Underwriter Salary
1 - 8
years
exp.
(467
salaries)
| ₹2 L/yr - ₹9.3 L/yr |
View all departments 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
2d ago
Consolidated Analytics
Underwriter
3 years exp.
2d ago
SitusAMC
Underwriter
7 years exp.
3d ago
Maxso Technologies
Underwriter
2 years exp.
3d ago
PolicyBazaar
Underwriter
1 year exp.
3d ago
Life Insurance Corporation of India
Underwriter
3 years exp.
4d ago
Mphasis
Underwriter
5 years exp.
4d ago
Envision Infotec
Underwriter
1 year exp.
4d ago
Future First Technologies
Underwriter
7 years exp.
4d ago
First Source
Underwriter
5 years exp.
4d ago
Cognizant
Underwriter
2 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | 1 job opening | |
| | 3 job openings | |
| | ||
| | ||
| | 1 job opening | |
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
1 -
11
yrs
exp.
(22 salaries)
|
₹5.5 L/yr - ₹8 L/yr | |
2 -
4
yrs
exp.
(22 salaries)
|
₹3 L/yr - ₹6.9 L/yr | 1 job opening |
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| ||
1 -
7
yrs
exp.
(21 salaries)
|
₹1.2 L/yr - ₹3.5 L/yr | |
0 -
4
yrs
exp.
(21 salaries)
|
₹2 L/yr - ₹5 L/yr | |
1 -
15
yrs
exp.
(18 salaries)
|
₹4.1 L/yr - ₹17.6 L/yr | |
0 -
5
yrs
exp.
(18 salaries)
|
₹3 L/yr - ₹5.9 L/yr | |
0 -
5
yrs
exp.
(17 salaries)
|
₹1.8 L/yr - ₹4.7 L/yr | |
1 -
5
yrs
exp.
(17 salaries)
|
₹1.8 L/yr - ₹5.5 L/yr | 1 job opening |
Login to view exact salary
| ||
2 -
11
yrs
exp.
(15 salaries)
|
₹2 L/yr - ₹7.1 L/yr | |
0 -
5
yrs
exp.
(14 salaries)
|
₹2.5 L/yr - ₹5 L/yr | |
Underwriter Jobs in India
Underwriter
· 0-5 years
Genpact
Noida
Underwriter
· 2-7 years
Wipro
Chennai
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.
(844 salaries)
| ₹3.6 L/yr - ₹13.5 L/yr |
Associate Salary
0 -
8
years
exp.
(2.3L salaries)
| ₹1.9 L/yr - ₹16.5 L/yr |
Login to view exact salary
| |
Analyst Salary
0 -
6
years
exp.
(1.8L salaries)
| ₹2.2 L/yr - ₹14 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 - ₹31.1 L/yr |
View more similar designations
Salary related reviews by similar designations like Underwriter
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 moreEXL Service
Associate
• posted on 13 Nov 2024
Likes
The location of company is very good. Along with that work environment is also good.
Dislikes
Package is not much. They offer very less package to employees. That is the only thing I really didn't like.
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 moreAccenture
Associate
• posted on 01 Oct 2024
Top 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 - ₹9.2 L/yr |
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| |
Pune
Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹9 L/yr |
Chennai
Underwriter
1 -
8
years
exp.
| ₹1.8 L/yr - ₹8.5 L/yr |
New Delhi
Underwriter
1 -
8
years
exp.
| ₹2.2 L/yr - ₹9.4 L/yr |
View More
Underwriter Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹10 L/yr |
BPO
Underwriter
1 -
8
years
exp.
| ₹2.5 L/yr - ₹9.2 L/yr |
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| |
IT Services & Consulting
Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹7.6 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 - ₹10 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 ₹9.4 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 - ₹10.6 Lakhs per year
- SitusAMC Underwriter Salary - ₹7.3 Lakhs per year
- ICICI Lombard General Insurance Company Underwriter Salary - ₹7.2 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 ₹15.0 Lakhs per year (₹1.3L 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 - ₹1.1 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 201 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.
Where you used your strategic thinking skills
Q3.
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Q4.
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