Underwriting Associate
Annual salary range
₹1.9 Lakh - ₹6.4 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 303
latest salaries
• updated:
31 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Underwriting Associate Salary in India ranges between ₹1.9 Lakh to ₹6.4 Lakhs for less than 1 year of experience to 5 years of experience. Salary estimates are based on 303 latest salaries received from Underwriting...
Read More
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
1 -
5
yrs
exp.
(178 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 | |
0 -
5
yrs
exp.
(6 salaries)
|
₹2 L/yr - ₹4.4 L/yr | |
1 -
6
yrs
exp.
(5 salaries)
|
₹3 L/yr - ₹3.5 L/yr | |
2 -
4
yrs
exp.
(5 salaries)
|
₹3.5 L/yr - ₹4 L/yr | |
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| ||
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 | |
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
(83
salaries)
| ₹1.7 L/yr - ₹4.2 L/yr |
Login to view exact salary
| |
2
years
(100
salaries)
| ₹2 L/yr - ₹5.6 L/yr |
3
years
(61
salaries)
| ₹2.5 L/yr - ₹6.4 L/yr |
4
years
(41
salaries)
| ₹2.8 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.
(15.9k salaries)
| ₹1.7 L/yr - ₹7.5 L/yr |
Senior Associate Salary
2 -
10
years
exp.
(2.4L salaries)
| ₹2.3 L/yr - ₹23.3 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.
(2.3L salaries)
| ₹1.9 L/yr - ₹17 L/yr |
View more similar designations
Salary related reviews by similar designations like Underwriting Associate
Accenture
Senior Associate
• 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
Operations Analyst
• posted on 23 Oct 2024
Likes
Salary is good. Supervisros are supporting.
- Salary - Good
+1 more
Dislikes
Work life balance is poor. Not assigning employees according to their skills.
- Promotions - Poor
+2 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
Customer Service Associate
• posted on 14 Oct 2024
Likes
Work life balance, Decent salary and online salary
- Skill development - Good
+1 more
- Promotions - Poor
+2 more
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 |
Login to view exact salary
| |
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 (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 ₹1.9 Lakhs to ₹6.4 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹1.9 Lakhs to ₹6.4 Lakhs per year, with the highest salary reaching ₹1.9 Lakhs to ₹6.8 Lakhs per year. Salary estimates are based on 303 salaries received from various Underwriting Associates across industries.
The average starting salary is around ₹1.9 Lakhs to ₹6.4 Lakhs per year, with the highest salary reaching ₹1.9 Lakhs to ₹6.8 Lakhs per year. Salary estimates are based on 303 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 Noida | ₹2.9 Lakhs to ₹6.5 Lakhs per year |
| Underwriting Associate Salary in Mumbai | ₹2.2 Lakhs to ₹4.4 Lakhs per year |
| Underwriting Associate Salary in Bangalore / Bengaluru | ₹2.0 Lakhs to ₹6.0 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 ₹5.4 Lakhs per year |
| Underwriting Associate Salary in IT Services & Consulting | ₹1.9 Lakhs to ₹5.4 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 ₹1.8 Lakhs to ₹19 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 | ₹1.8 Lakhs to ₹19.0 Lakhs per year |
| 1 year | ₹1.7 Lakhs to ₹4.2 Lakhs per year |
| 2 years | ₹2.0 Lakhs to ₹5.6 Lakhs per year |
| 3 years | ₹2.5 Lakhs to ₹6.4 Lakhs per year |
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