Underwriting Associate
Annual salary range
₹2 Lakhs - ₹6.3 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byUnderwriting Associate Salary in Bangalore / Bengaluru (Updated 2025)
based on 44
latest salaries
• updated:
31 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Underwriting Associate Salary in Bangalore / Bengaluru ranges between ₹2 Lakhs to ₹6.3 Lakhs for less than 1 year of experience to 4 years of experience. Salary estimates are based on 44 latest salaries received...
Read More
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
1 -
6
yrs
exp.
.
Bangalore / Bengaluru
(19 salaries)
|
₹2 L/yr - ₹7.5 L/yr | |
2 -
3
yrs
exp.
.
Bangalore / Bengaluru
(4 salaries)
|
₹2.5 L/yr - ₹4.3 L/yr | |
Login to view exact salary
| ||
2 -
3
yrs
exp.
.
Bangalore / Bengaluru
(4 salaries)
|
₹4 L/yr - ₹6 L/yr | |
3 -
4
yrs
exp.
.
Bangalore / Bengaluru
(3 salaries)
|
₹3.5 L/yr - ₹4 L/yr | |
2 -
4
yrs
exp.
.
Bangalore / Bengaluru
(3 salaries)
|
₹3.4 L/yr - ₹6 L/yr | |
0 -
2
yrs
exp.
.
Bangalore / Bengaluru
(3 salaries)
|
₹3 L/yr - ₹3.5 L/yr | |
|
1 -
3
yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹2.9 L/yr - ₹3.7 L/yr | |
0 -
3
yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹3 L/yr - ₹3.8 L/yr | |
Login to view exact salary
| ||
0 -
2
yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹2.9 L/yr | |
0 -
2
yrs
exp.
.
Bangalore / Bengaluru
(AmbitionBox Estimate)
|
₹4.2 L/yr - ₹5.3 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
(1
salaries)
|  ₹3 L/yr - ₹3 L/yr |
1
year
(6
salaries)
| ₹1.5 L/yr - ₹9 L/yr |
Login to view exact salary
| |
2
years
(16
salaries)
| ₹2.5 L/yr - ₹4.8 L/yr |
3
years
(15
salaries)
| ₹3.1 L/yr - ₹6 L/yr |
4
years
(5
salaries)
| ₹3 L/yr - ₹6.3 L/yr |
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Operations Associate Salary
0 -
5
years
exp.
(2.8k salaries)
| ₹2.1 L/yr - ₹6.6 L/yr |
Senior Associate Salary
2 -
10
years
exp.
(43.7k salaries)
| ₹3 L/yr - ₹24 L/yr |
Login to view exact salary
| |
Process Associate Salary
0 -
5
years
exp.
(17.1k salaries)
| ₹2 L/yr - ₹4.5 L/yr |
Senior Process Associate Salary
2 -
7
years
exp.
(8.3k salaries)
| ₹2.5 L/yr - ₹6.1 L/yr |
Associate Salary
0 -
8
years
exp.
(37.2k salaries)
| ₹2.3 L/yr - ₹20.4 L/yr |
View more similar designations
Salary related reviews by similar designations like Underwriting Associate
Accenture
Senior Associate in Mumbai
• posted on 27 Mar 2025
Likes
Salary Hike but I think it all depends on your project to project but hike is good as compared to other company. Female security is superb. I am satisfied.
read more- Salary - Good
+4 more
Dislikes
Work culture a bit else it's good
Accenture
Associate in Gurgaon / Gurugram
• 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 Associate in Gurgaon / Gurugram
• posted on 21 Aug 2023
Likes
I joined for Accenture though consultancy, and they used don't give me more more salary and leaves. only good thing is client is google so some advantages are there like cab food etc.
read more- Company culture - Good
Dislikes
dont join though consultency they eat all you CTC and try to give you very less amount.
- Job security - Poor
+1 more
Accenture
Senior Process Associate in Hyderabad / Secunderabad
• 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 In Other Locations
| Locations | Avg. annual salary |
|---|---|
Chennai
Underwriting Associate
0 -
5
years
exp.
| ₹1.8 L/yr - ₹5.4 L/yr |
Hyderabad / Secunderabad
Underwriting Associate
0 -
5
years
exp.
| ₹3 L/yr - ₹6.8 L/yr |
Login to view exact salary
| |
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 |
Gurgaon / Gurugram
Underwriting Associate
1 -
5
years
exp.
| ₹3.2 L/yr - ₹9.5 L/yr |
View More
Underwriting Associate Salary By Industries
| Industries | Avg. annual salary |
|---|---|
IT Services & Consulting Underwriting Associate
0 -
5
years
exp.
| ₹1.8 L/yr - ₹5.6 L/yr |
Software Product Underwriting Associate
0 -
5
years
exp.
| ₹1.9 L/yr - ₹5.6 L/yr |
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| |
Analytics & KPO Underwriting Associate
1 -
5
years
exp.
| ₹1.9 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 (FAQS) about Underwriting Associate Salaries
What is the salary of a Underwriting Associate in India?
The salary of a Underwriting Associate in India varies based on experience, location, company & Industry.
On average, Underwriting Associate salaries ranges from ₹2.0 Lakhs to ₹6.3 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹2.0 Lakhs to ₹6.3 Lakhs per year, with the highest salary reaching ₹1.9 Lakhs to ₹6.0 Lakhs per year. Salary estimates are based on 44 salaries received from various Underwriting Associates across industries.
The average starting salary is around ₹2.0 Lakhs to ₹6.3 Lakhs per year, with the highest salary reaching ₹1.9 Lakhs to ₹6.0 Lakhs per year. Salary estimates are based on 44 salaries received from various Underwriting Associates across industries.
What are the top paying cities for Underwriting Associate in India?
The annual salary for Underwriting Associate in India varies by location. Top paying cities for Underwriting Associate are
Salary expectations for Underwriting Associate may vary based on job roles, experience, and specific employer requirements.
| Underwriting Associate Salary in Ghaziabad | ₹4.1 Lakhs to ₹4.1 Lakhs per year |
| Underwriting Associate Salary in Hyderabad / Secunderabad | ₹3.0 Lakhs to ₹6.8 Lakhs per year |
| Underwriting Associate Salary in Mumbai | ₹2.2 Lakhs to ₹4.4 Lakhs per year |
| Underwriting Associate Salary in Noida | ₹2.9 Lakhs to ₹6.5 Lakhs per year |
| Underwriting Associate Salary in New Delhi | ₹2.5 Lakhs to ₹6.5 Lakhs per year |
What are the top paying industries for Underwriting Associate in India?
Top 5 paying Industries for Underwriting Associate in India are:
| Underwriting Associate Salary in Financial Services | ₹2.0 Lakhs to ₹8.4 Lakhs per year |
| Underwriting Associate Salary in Software Product | ₹1.9 Lakhs to ₹5.6 Lakhs per year |
| Underwriting Associate Salary in IT Services & Consulting | ₹1.8 Lakhs to ₹5.6 Lakhs per year |
| Underwriting Associate Salary in EdTech | ₹3.0 Lakhs to ₹4.2 Lakhs per year |
| Underwriting Associate Salary in BPO | ₹2.5 Lakhs to ₹5.0 Lakhs per year |
What are the fresher salaries as Underwriting Associate?
Fresher salaries for Underwriting Associate in India typically range from ₹3 Lakhs to ₹3 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 Associate in India?
Experience significantly impacts a Underwriting Associate salary in India. Salaries increase with experience, as Underwriting Associate take on more complex tasks, responsibilities, and leadership roles.
Underwriting Associate salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹3.0 Lakhs to ₹3.0 Lakhs per year |
| 1 year | ₹1.5 Lakhs to ₹9.0 Lakhs per year |
| 2 years | ₹2.5 Lakhs to ₹4.8 Lakhs per year |
| 3 years | ₹3.1 Lakhs to ₹6.0 Lakhs per year |
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