Underwriting Analyst
Annual salary range
₹3 Lakhs - ₹9.5 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
AmbitionBox
Search
Reviews
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Filter salaries byUnderwriting Analyst Salary in India (Updated 2025)
based on 596
latest salaries
• updated:
31 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Underwriting Analyst Salary in India ranges between ₹3 Lakhs to ₹9.5 Lakhs for less than 1 year of experience to 7 years of experience. Salary estimates are based on 596 latest salaries received from Underwriting...
Read More
Explore on this page
Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
Better.com Underwriting Analyst Salary
1 year exp |  | |
Altisource Underwriting Analyst Salary
1 year exp | | 1 job opening |
 Underwriting Analyst Salary
1 year exp | | |
 Underwriting Analyst Salary
1 year exp | | |
Is this list helpful? | ||
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
|
0 -
5
yrs
exp.
(153 salaries)
|
₹3 L/yr - ₹6 L/yr | |
3 -
9
yrs
exp.
(118 salaries)
|
₹2.8 L/yr - ₹10.3 L/yr | 1 job opening |
Login to view exact salary
| ||
|
0 -
5
yrs
exp.
(94 salaries)
|
₹6 L/yr - ₹10 L/yr | |
|
1 -
9
yrs
exp.
(30 salaries)
|
₹4.7 L/yr - ₹7.8 L/yr | 1 job opening |
|
1 -
7
yrs
exp.
(23 salaries)
|
₹2.8 L/yr - ₹7.5 L/yr | |
1 -
9
yrs
exp.
(19 salaries)
|
₹5 L/yr - ₹13 L/yr | |
1 -
5
yrs
exp.
(18 salaries)
|
₹6.6 L/yr - ₹12 L/yr | |
0 -
6
yrs
exp.
(11 salaries)
|
₹3 L/yr - ₹5.1 L/yr | |
Login to view exact salary
| ||
3 -
11
yrs
exp.
(11 salaries)
|
₹4.8 L/yr - ₹7.1 L/yr | |
0 -
6
yrs
exp.
(10 salaries)
|
₹2.1 L/yr - ₹5 L/yr | |
Latest annual salaries shared by Underwriting Analysts
3d ago
RG Insurance Processing Services
Underwriting Analyst
3 years exp.
3d ago
Infosys BPM
Underwriting Analyst
2 years exp.
3d ago
Accenture
Underwriting Analyst
5 years exp.
4d ago
TCS
Underwriting Analyst
3 years exp.
5d ago
Barclays
Underwriting Analyst
6 years exp.
5d ago
Accenture
Underwriting Analyst
4 years exp.
6d ago
SitusAMC
Underwriting Analyst
4 years exp.
6d ago
Accenture
Underwriting Analyst
5 years exp.
1w ago
Accenture
Underwriting Analyst
6 years exp.
1w ago
Concentrix Corporation
Underwriting Analyst
7 years exp.
View all latest salaries
Underwriting Analyst salaries by
| Years of experience | Avg. annual salary |
|---|---|
Fresher
(4
salaries)
| ₹3.2 L/yr - ₹9 L/yr |
1
year
(121
salaries)
| ₹2.2 L/yr - ₹9 L/yr |
Login to view exact salary
| |
2
years
(134
salaries)
| ₹2.7 L/yr - ₹8 L/yr |
3
years
(134
salaries)
| ₹2.8 L/yr - ₹10 L/yr |
4
years
(82
salaries)
| ₹3.2 L/yr - ₹10.3 L/yr |
View all salaries by experience
Underwriting Analyst Jobs in India
Underwriting Analyst
· 3-5 years
Accenture Solutions Pvt Ltd
Gurgaon / Gurugram
Underwriting Analyst
· 2-5 years
Altisource Business Solutions Pvt Ltd
Bangalore / Bengaluru
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Credit Analyst Salary
1 -
8
years
exp.
(7.5k salaries)
| ₹2.2 L/yr - ₹16 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(1.6L salaries)
| ₹3 L/yr - ₹16.2 L/yr |
Login to view exact salary
| |
Research Analyst Salary
0 -
5
years
exp.
(25.1k salaries)
| ₹1.8 L/yr - ₹10 L/yr |
Financial Analyst Salary
1 -
8
years
exp.
(48.5k salaries)
| ₹2.1 L/yr - ₹13 L/yr |
Business Analyst Salary
1 -
9
years
exp.
(1.3L salaries)
| ₹3 L/yr - ₹17.6 L/yr |
View more similar designations
Salary related reviews by similar designations like Underwriting Analyst
Accenture
Analyst
• posted on 25 Jan 2025
Likes
Company is good for salary but work life balance is too bad working hours is too long no fixed time daily working hours should be more than 12 hours.
read more- Salary - Good
+1 more
Dislikes
Work life balance , no social Indian culture festivals celebration on any occasions this is too bad
- Work satisfaction - Bad
+2 more
Altisource
Underwriting Analyst
• posted on 14 Jun 2022
Xceedance
Senior Analyst
• posted on 28 Aug 2019
Likes
Work culture is good. Perfect company to start your career with. Compensation is also fair.
read more- Job security - Good
+2 more
Dislikes
...portunities are limited to Insurance sector only. Otherwise everything was good. Slow growth in terms of compensation although promotions are too good.
read moreBetter.com
Financial Analyst
• posted on 02 Jan 2025
Likes
Flexibility to choose work mode
- Work-life balance - Good
Dislikes
Biased and selfish management No rewards for hardworking employees Minimum hikes and lowest bonus
read more- Skill development - Poor
+3 more
Top skills for Underwriting Analyst
Underwriting Analyst Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Underwriting Analyst
1 -
7
years
exp.
| ₹3.3 L/yr - ₹10.7 L/yr |
New Delhi
Underwriting Analyst
1 -
7
years
exp.
| ₹3.5 L/yr - ₹9.4 L/yr |
Login to view exact salary
| |
Chennai
Underwriting Analyst
0 -
7
years
exp.
| ₹2.4 L/yr - ₹8 L/yr |
Gurgaon / Gurugram
Underwriting Analyst
1 -
7
years
exp.
| ₹3.9 L/yr - ₹9 L/yr |
Hyderabad / Secunderabad
Underwriting Analyst
1 -
7
years
exp.
| ₹3.7 L/yr - ₹10 L/yr |
View More
Underwriting Analyst Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Underwriting Analyst
0 -
7
years
exp.
| ₹3.1 L/yr - ₹9 L/yr |
IT Services & Consulting Underwriting Analyst
0 -
7
years
exp.
| ₹2.7 L/yr - ₹9 L/yr |
Login to view exact salary
| |
Consulting Underwriting Analyst
1 -
7
years
exp.
| ₹3.3 L/yr - ₹7 L/yr |
Software Product Underwriting Analyst
2 -
7
years
exp.
| ₹2.8 L/yr - ₹9.9 L/yr |
Analytics & KPO Underwriting Analyst
1 -
7
years
exp.
| ₹2.8 L/yr - ₹9.5 L/yr |
View More
Frequently Asked Questions (FAQS) about Underwriting Analyst Salaries
What is the salary of a Underwriting Analyst in India?
The salary of a Underwriting Analyst in India varies based on experience, location, company & Industry.
On average, Underwriting Analyst salaries ranges from ₹3.0 Lakhs to ₹9.5 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹3.0 Lakhs to ₹9.5 Lakhs per year, with the highest salary reaching ₹6.0 Lakhs to ₹10.0 Lakhs per year. Salary estimates are based on 596 salaries received from various Underwriting Analysts across industries.
The average starting salary is around ₹3.0 Lakhs to ₹9.5 Lakhs per year, with the highest salary reaching ₹6.0 Lakhs to ₹10.0 Lakhs per year. Salary estimates are based on 596 salaries received from various Underwriting Analysts across industries.
What are the top paying companies that employ Underwriting Analysts?
Underwriting Analyst Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| Better.com Underwriting Analyst Salary | ₹6 Lakhs to ₹10 Lakhs per year |
| Altisource Underwriting Analyst Salary | ₹5 Lakhs to ₹10.8 Lakhs per year |
| Xceedance Underwriting Analyst Salary | ₹3 Lakhs to ₹6 Lakhs per year |
| Firstsource Solutions Underwriting Analyst Salary | ₹1.4 Lakhs to ₹4.4 Lakhs per year |
What are the top paying cities for Underwriting Analyst in India?
The annual salary for Underwriting Analyst in India varies by location. Top paying cities for Underwriting Analyst are
Salary expectations for Underwriting Analyst may vary based on job roles, experience, and specific employer requirements.
| Underwriting Analyst Salary in Indore | ₹6.5 Lakhs to ₹7.8 Lakhs per year |
| Underwriting Analyst Salary in Kolkata | ₹2.6 Lakhs to ₹7.4 Lakhs per year |
| Underwriting Analyst Salary in New Delhi | ₹3.5 Lakhs to ₹9.4 Lakhs per year |
| Underwriting Analyst Salary in Hyderabad / Secunderabad | ₹3.7 Lakhs to ₹10.0 Lakhs per year |
| Underwriting Analyst Salary in Gurgaon / Gurugram | ₹3.9 Lakhs to ₹9.0 Lakhs per year |
What are the top paying industries for Underwriting Analyst in India?
Top 5 paying Industries for Underwriting Analyst in India are:
| Underwriting Analyst Salary in Internet | ₹3.2 Lakhs to ₹10.3 Lakhs per year |
| Underwriting Analyst Salary in Real Estate | ₹4.7 Lakhs to ₹9.5 Lakhs per year |
| Underwriting Analyst Salary in Analytics & KPO | ₹2.8 Lakhs to ₹9.5 Lakhs per year |
| Underwriting Analyst Salary in Management Consulting | ₹2.8 Lakhs to ₹9.9 Lakhs per year |
| Underwriting Analyst Salary in Software Product | ₹2.8 Lakhs to ₹9.9 Lakhs per year |
What are the fresher salaries as Underwriting Analyst?
Fresher salaries for Underwriting Analyst in India typically range from ₹3.2 Lakhs to ₹9 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 in India?
Experience significantly impacts a Underwriting Analyst salary in India. Salaries increase with experience, as Underwriting Analyst take on more complex tasks, responsibilities, and leadership roles.
Underwriting Analyst salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹3.2 Lakhs to ₹9.0 Lakhs per year |
| 1 year | ₹2.2 Lakhs to ₹9.0 Lakhs per year |
| 2 years | ₹2.7 Lakhs to ₹8.0 Lakhs per year |
| 3 years | ₹2.8 Lakhs to ₹10.0 Lakhs per year |
Tell us how to improve this page.
Popular Tools
Q1. Better underwriting approach - stated or verified income?
asked in
MPOWER Financing
View answers (2) - Home >
- Salaries >
- Underwriting Analyst Salary
Rate your company