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Underwriting Analyst 2

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Underwriting Analyst 2 Salary in India (Updated 2025)

based on 40 latest salaries • updated: 16 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹2.2 Lakhs - ₹10 Lakhs

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Underwriting Analyst 2 Salary in India ranges between ₹2.2 Lakhs to ₹10 Lakhs for less than 1 year of experience to 7 years of experience. Salary estimates are based on 40 latest salaries received from... Read More

Underwriting Analyst 2 salaries by

Years of experience Avg. annual salary
Fresher
(1 salaries)
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₹2.8 L/yr - ₹2.8 L/yr

1 year
(5 salaries)
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₹2.2 L/yr - ₹6.6 L/yr

2 years
(9 salaries)
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₹4.5 L/yr - ₹10 L/yr

3 years
(6 salaries)
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₹3 L/yr - ₹7.5 L/yr

4 years
(9 salaries)
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₹6 L/yr - ₹8.8 L/yr

View all salaries by experience

Similar Designation Salary

Similar Designation Avg. annual salary
Credit Analyst Salary
1 - 8 years exp.
(7.5k salaries)
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₹2.2 L/yr - ₹16 L/yr

Senior Analyst Salary
2 - 8 years exp.
(1.6L salaries)
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₹3 L/yr - ₹16 L/yr

Analyst Salary
0 - 6 years exp.
(1.7L salaries)
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₹2.1 L/yr - ₹13.6 L/yr

Credit Manager Salary
1 - 10 years exp.
(20.1k salaries)
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₹3 L/yr - ₹13 L/yr

Senior Manager Salary
6 - 20 years exp.
(1.7L salaries)
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₹7.1 L/yr - ₹40.8 L/yr

View more similar designations

Underwriting Analyst 2 Salary By Locations

Locations Avg. annual salary
Bangalore / Bengaluru
Underwriting Analyst 2
1 - 7 years exp.
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₹0.5 L/yr - ₹10 L/yr

Hyderabad / Secunderabad
Underwriting Analyst 2
2 - 6 years exp.
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₹7 L/yr - ₹7.2 L/yr

Gurgaon / Gurugram
Underwriting Analyst 2
1 - 2 years exp.
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₹6.6 L/yr - ₹10 L/yr

Chennai
Underwriting Analyst 2
0 - 5 years exp.
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₹2.8 L/yr - ₹6.2 L/yr

Mumbai
Underwriting Analyst 2
1 - 7 years exp.
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₹5.7 L/yr - ₹9.2 L/yr

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Underwriting Analyst 2 Salary By Industries

Industries Avg. annual salary

Financial Services

Underwriting Analyst 2
1 - 7 years exp.
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₹0.5 L/yr - ₹8.5 L/yr

Analytics & KPO

Underwriting Analyst 2
1 - 4 years exp.
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₹5.4 L/yr - ₹9 L/yr

IT Services & Consulting

Underwriting Analyst 2
0 - 5 years exp.
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₹2.8 L/yr - ₹7.4 L/yr

Consulting

Underwriting Analyst 2
1 - 7 years exp.
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₹6 L/yr - ₹8 L/yr

Insurance

Underwriting Analyst 2
2 - 4 years exp.
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₹6 L/yr - ₹9 L/yr

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Frequently Asked Questions (FAQS) about Underwriting Analyst 2 Salaries

What is the salary of a Underwriting Analyst 2 in India?
The salary of a Underwriting Analyst 2 in India varies based on experience, location, company & Industry. On average, Underwriting Analyst 2 salaries ranges from ₹2.2 Lakhs to ₹10.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹2.2 Lakhs to ₹10.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 40 salaries received from various Underwriting Analyst 2s across industries.
What are the top paying cities for Underwriting Analyst 2 in India?
The annual salary for Underwriting Analyst 2 in India varies by location. Top paying cities for Underwriting Analyst 2 are
Underwriting Analyst 2 Salary in Bangalore / Bengaluru ₹0.5 Lakhs to ₹10.0 Lakhs per year
Underwriting Analyst 2 Salary in Hyderabad / Secunderabad ₹7.0 Lakhs to ₹7.2 Lakhs per year
Underwriting Analyst 2 Salary in Gurgaon / Gurugram ₹6.6 Lakhs to ₹10.0 Lakhs per year
Underwriting Analyst 2 Salary in Chennai ₹2.8 Lakhs to ₹6.2 Lakhs per year
Underwriting Analyst 2 Salary in Mumbai ₹5.7 Lakhs to ₹9.2 Lakhs per year
Salary expectations for Underwriting Analyst 2 may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Underwriting Analyst 2 in India?
Top 5 paying Industries for Underwriting Analyst 2 in India are:
Underwriting Analyst 2 Salary in Financial Services ₹0.5 Lakhs to ₹8.5 Lakhs per year
Underwriting Analyst 2 Salary in Analytics & KPO ₹5.4 Lakhs to ₹9.0 Lakhs per year
Underwriting Analyst 2 Salary in IT Services & Consulting ₹2.8 Lakhs to ₹7.4 Lakhs per year
Underwriting Analyst 2 Salary in Consulting ₹6.0 Lakhs to ₹8.0 Lakhs per year
Underwriting Analyst 2 Salary in Insurance ₹6.0 Lakhs to ₹9.0 Lakhs per year
What are the fresher salaries as Underwriting Analyst 2?
Fresher salaries for Underwriting Analyst 2 in India typically range from ₹2.8 Lakhs to ₹2.8 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a Underwriting Analyst 2 in India?
Experience significantly impacts a Underwriting Analyst 2 salary in India. Salaries increase with experience, as Underwriting Analyst 2 take on more complex tasks, responsibilities, and leadership roles. Underwriting Analyst 2 salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹2.8 Lakhs to ₹2.8 Lakhs per year
1 year ₹2.2 Lakhs to ₹6.6 Lakhs per year
2 years ₹4.5 Lakhs to ₹10.0 Lakhs per year
3 years ₹3.0 Lakhs to ₹7.5 Lakhs per year
and so on.

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