Underwriting Associate
Annual salary range
₹1.8 Lakh - ₹6.2 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byUnderwriting Associate Salary in India (Updated 2025)
based on 280
latest salaries
• updated:
14 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Underwriting Associate Salary in India ranges between ₹1.8 Lakh to ₹6.2 Lakhs for less than 1 year of experience to 5 years of experience. Salary estimates are based on 280 latest salaries received from Underwriting...
Read More
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
1 -
6
yrs
exp.
(149 salaries)
|
₹1.5 L/yr - ₹7 L/yr | |
1 -
3
yrs
exp.
(14 salaries)
|
₹2.4 L/yr - ₹4.5 L/yr | |
Login to view exact salary
| ||
0 -
10
yrs
exp.
(11 salaries)
|
₹2.1 L/yr - ₹5.1 L/yr | |
0 -
9
yrs
exp.
(7 salaries)
|
₹2.5 L/yr - ₹6.2 L/yr | |
2 -
5
yrs
exp.
(6 salaries)
|
₹2.5 L/yr - ₹5 L/yr | |
1 -
6
yrs
exp.
(5 salaries)
|
₹3 L/yr - ₹3.5 L/yr | |
1 -
3
yrs
exp.
(5 salaries)
|
₹1.8 L/yr - ₹5.3 L/yr | |
3 -
5
yrs
exp.
(5 salaries)
|
₹3.1 L/yr - ₹4 L/yr | |
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| ||
0 -
4
yrs
exp.
(5 salaries)
|
₹2 L/yr - ₹3.5 L/yr | |
0 -
4
yrs
exp.
(4 salaries)
|
₹1.8 L/yr - ₹3.6 L/yr | |
Latest annual salaries shared by Underwriting Associates
2d ago
PolicyBazaar
Underwriting Associate
3 years exp.
4d ago
Accenture
Underwriting Associate
3 years exp.
4d ago
TCS
Underwriting Associate
1 year exp.
6d ago
Accenture
Underwriting Associate
3 years exp.
1w ago
Raheja Qbe General Insurance
Underwriting Associate
3 years exp.
1w ago
Genpact
Underwriting Associate
3 years exp.
1w ago
Genpact
Underwriting Associate
1 year exp.
1w ago
Mphasis
Underwriting Associate
2 years exp.
1w ago
Accenture
Underwriting Associate
2 years exp.
1w ago
Infosys BPM
Underwriting Associate
2 years exp.
View all latest salaries
Underwriting Associate salaries by
| Years of experience | Avg. annual salary |
|---|---|
Fresher
(10
salaries)
|  ₹1.8 L/yr - ₹19 L/yr |
1
year
(78
salaries)
| ₹1.6 L/yr - ₹4.2 L/yr |
Login to view exact salary
| |
2
years
(87
salaries)
| ₹2 L/yr - ₹4.6 L/yr |
3
years
(56
salaries)
| ₹2.5 L/yr - ₹5.6 L/yr |
4
years
(35
salaries)
| ₹2.9 L/yr - ₹6.8 L/yr |
View all salaries by experience
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Operations Associate Salary
0 -
5
years
exp.
(16k salaries)
| ₹1.7 L/yr - ₹7.5 L/yr |
Senior Associate Salary
2 -
10
years
exp.
(2.3L salaries)
| ₹2.3 L/yr - ₹23 L/yr |
Login to view exact salary
| |
Process Associate Salary
0 -
5
years
exp.
(1L salaries)
| ₹1.6 L/yr - ₹4.4 L/yr |
Senior Process Associate Salary
2 -
7
years
exp.
(50.4k salaries)
| ₹2.1 L/yr - ₹6 L/yr |
Associate Salary
0 -
8
years
exp.
(2.2L salaries)
| ₹1.9 L/yr - ₹16.6 L/yr |
View more similar designations
Salary related reviews by similar designations like Underwriting Associate
Accenture
Associate
• posted on 26 May 2023
Likes
Salary wise good only
- Salary - Good
+1 more
Dislikes
Work is bit pressure Long working hours which is very bad No wfh option even if u die Management is problem everywhere No proper leaves No proper respect for employees Simply making high voice into the floor No employee health care(leaves) No proper arrangements Within one week they change 10 teams for one person Rude behaviour Managers and Some TL acts like CEO of accenture
read more- Skill development - Poor
+1 more
Accenture
Associate
• posted on 29 Oct 2024
Likes
Best in Women employee security
- Skill development - Excellent
+4 more
Dislikes
...me with better percentage Need to provide timely market correction Instead of hiring new employees and provide them high package first have connect with employees already doing employment in organisation and motivate them by giving good percentage hike to retain them.
read moreAccenture
Operations Manager
• posted on 24 Jun 2023
Likes
Good to work however salary is very low for existing employees who is working for long.
read more- Skill development - Good
+4 more
Dislikes
Salary is very low for existing employees who is working for long.
Accenture
Associate
• posted on 27 Nov 2023
Likes
...ny field. You will get a good work life balance if you are in good team by luck. Starting salary is good.
read more- Salary - Good
+4 more
Dislikes
They are not helping if you want to do any certification course. They are not even paying 50% variable pay, which they promised at the time of joining. Salary hike and promotion are very slow. I am working here since 1.5 year and I just got 6% hike yet.
read moreAccenture
Senior Process Associate
• posted on 17 May 2024
Likes
- Very Supportive seniors, peers who helps to understand the process, Friendly environment. - Scope to improve leadership skills, mentoring, share your ideas. - They listen to your ideas and try to implement when coming to work. - Recognition for the performance
read more- Job security - Excellent
+3 more
Dislikes
- Salary and Hikes are the biggest turn-offs here. - So they take interview for technical roles and made the employees to work for non-technical.
read more- Skill development - Poor
Underwriting Associate Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Chennai
Underwriting Associate
0 -
5
years
exp.
| ₹1.8 L/yr - ₹5.4 L/yr |
Bangalore / Bengaluru
Underwriting Associate
0 -
4
years
exp.
| ₹2 L/yr - ₹6 L/yr |
Login to view exact salary
| |
Hyderabad / Secunderabad
Underwriting Associate
0 -
5
years
exp.
| ₹3 L/yr - ₹6.8 L/yr |
Mumbai
Underwriting Associate
0 -
5
years
exp.
| ₹2.2 L/yr - ₹4.4 L/yr |
New Delhi
Underwriting Associate
1 -
5
years
exp.
| ₹2.5 L/yr - ₹6.5 L/yr |
View More
Underwriting Associate Salary By Industries
| Industries | Avg. annual salary |
|---|---|
IT Services & Consulting Underwriting Associate
0 -
5
years
exp.
| ₹1.9 L/yr - ₹5.4 L/yr |
Software Product Underwriting Associate
0 -
5
years
exp.
| ₹1.9 L/yr - ₹5.4 L/yr |
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| |
Analytics & KPO Underwriting Associate
1 -
5
years
exp.
| ₹1.8 L/yr - ₹5.4 L/yr |
Management Consulting Underwriting Associate
0 -
5
years
exp.
| ₹1.9 L/yr - ₹5.4 L/yr |
Financial Services Underwriting Associate
0 -
5
years
exp.
| ₹2 L/yr - ₹8.4 L/yr |
View More
Frequently Asked Questions about Underwriting Associate Salaries
What is the salary of a Underwriting Associate in India?
Salary for a Underwriting Associate in India ranges between ₹1.8 Lakhs to ₹6.2 Lakhs per year. Salary estimates are based on 280 latest salaries received from various Underwriting Associates across industries.
What is the starting salary for a Underwriting Associate in India?
Average starting Salary for Underwriting Associate in India is around ₹1.8 Lakhs per year (₹15.0k per month). No prior experience is required to be a Underwriting Associate.
What is the highest salary for a Underwriting Associate in India?
Highest salary that a Underwriting Associate can earn is ₹7.0 Lakhs per year (₹58.3k per month).
What are the top paying industries for Underwriting Associate in India?
- Financial Services - ₹1.8 Lakhs to 24.0 Lakhs per year
- Internet - ₹3.2 Lakhs to 9.0 Lakhs per year
- BPO - ₹2.5 Lakhs to 6.2 Lakhs per year
- Insurance - ₹1.0 Lakhs to 8.4 Lakhs per year
- IT Services & Consulting - ₹1.0 Lakhs to 7.0 Lakhs per year
What are the top paying cities for Underwriting Associate in India?
- New Delhi - ₹1.8 Lakhs to 68.0 Lakhs per year
- Hyderabad / Secunderabad - ₹3.0 Lakhs to 8.4 Lakhs per year
- Bangalore / Bengaluru - ₹1.5 Lakhs to 22.0 Lakhs per year
- Mumbai - ₹2.0 Lakhs to 19.0 Lakhs per year
- Chennai - ₹1.0 Lakhs to 11.4 Lakhs per year
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