Underwriting Consultant

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Underwriting Consultant Salary in India (Updated 2025)

based on 24 latest salaries • updated: 14 Mar 2025
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Annual salary range

₹3.8 Lakhs - ₹21 Lakhs

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Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Underwriting Consultant Salary in India ranges between ₹3.8 Lakhs to ₹21 Lakhs for 1 year of experience to 13 years of experience. Salary estimates are based on 24 latest salaries received from Underwriting Consultant.

Underwriting Consultant salaries by

Years of experience Avg. annual salary
1 year
(3 salaries)
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₹2.5 L/yr - ₹8 L/yr

2 years
(3 salaries)
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₹4.2 L/yr - ₹13.8 L/yr

3 years
(1 salaries)
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₹13.8 L/yr - ₹13.8 L/yr

4 years
(2 salaries)
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₹6.1 L/yr - ₹7.2 L/yr

5 years
(3 salaries)
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₹3.8 L/yr - ₹21 L/yr

View all salaries by experience

Underwriting Consultant Jobs in India

Underwriting Consultant

· 1-5 years

Ethos Capital

·
3.3

Bangalore / Bengaluru

Underwriting Consultant

· 0-1 year

Next Learn Technologies

₹3.3 L/yr - ₹3.5 L/yr

Bangalore / Bengaluru

Underwriting Consultant

· 1-5 years

Ethos Life

·
2.6

Bangalore / Bengaluru

View all Underwriting Consultant jobs

Similar Designation Salary

Similar Designation Avg. annual salary
Senior Consultant Salary
4 - 12 years exp.
(1.7L salaries)
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₹7.5 L/yr - ₹29.7 L/yr

Associate Consultant Salary
1 - 12 years exp.
(1.6L salaries)
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₹3.5 L/yr - ₹21 L/yr

Business Consultant Salary
1 - 15 years exp.
(8.1k salaries)
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₹2.3 L/yr - ₹26.1 L/yr

Management Consultant Salary
2 - 17 years exp.
(8.4k salaries)
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₹7 L/yr - ₹43.4 L/yr

Consultant Salary
2 - 11 years exp.
(2.2L salaries)
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₹4.3 L/yr - ₹23 L/yr

View more similar designations

Underwriting Consultant Salary By Locations

Locations Avg. annual salary
Bangalore / Bengaluru
Underwriting Consultant
5 - 13 years exp.
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₹5 L/yr - ₹22.5 L/yr

Mumbai
Underwriting Consultant
5 - 8 years exp.
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₹3.8 L/yr - ₹21 L/yr

New Delhi
Underwriting Consultant
4 - 8 years exp.
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₹6.1 L/yr - ₹10.3 L/yr

Ranchi
Underwriting Consultant
10 - 13 years exp.
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₹5.4 L/yr - ₹7.2 L/yr

Noida
Underwriting Consultant
1 - 2 years exp.
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₹4.2 L/yr - ₹6 L/yr

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Underwriting Consultant Salary By Industries

Industries Avg. annual salary

Financial Services

Underwriting Consultant
1 - 13 years exp.
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₹4.2 L/yr - ₹13.8 L/yr

Insurance

Underwriting Consultant
1 - 13 years exp.
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₹5 L/yr - ₹15 L/yr

Banking / Insurance / Accounting

Underwriting Consultant
10 - 12 years exp.
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₹5.4 L/yr - ₹8.5 L/yr

IT Services & Consulting

Underwriting Consultant
1 - 2 years exp.
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₹2.5 L/yr - ₹6 L/yr

EdTech

Underwriting Consultant
1 - 2 years exp.
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₹4.1 L/yr - ₹6.9 L/yr

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Frequently Asked Questions (FAQS) about Underwriting Consultant Salaries

What is the salary of a Underwriting Consultant in India?
The salary of a Underwriting Consultant in India varies based on experience, location, company & Industry. On average, Underwriting Consultant salaries ranges from ₹3.8 Lakhs to ₹21.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹3.8 Lakhs to ₹21.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 24 salaries received from various Underwriting Consultants across industries.
What are the top paying cities for Underwriting Consultant in India?
The annual salary for Underwriting Consultant in India varies by location. Top paying cities for Underwriting Consultant are
Underwriting Consultant Salary in Bangalore / Bengaluru ₹5.0 Lakhs to ₹22.5 Lakhs per year
Underwriting Consultant Salary in Mumbai ₹3.8 Lakhs to ₹21.0 Lakhs per year
Underwriting Consultant Salary in New Delhi ₹6.1 Lakhs to ₹10.3 Lakhs per year
Underwriting Consultant Salary in Ranchi ₹5.4 Lakhs to ₹7.2 Lakhs per year
Underwriting Consultant Salary in Noida ₹4.2 Lakhs to ₹6.0 Lakhs per year
Salary expectations for Underwriting Consultant may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Underwriting Consultant in India?
Top 5 paying Industries for Underwriting Consultant in India are:
Underwriting Consultant Salary in Financial Services ₹4.2 Lakhs to ₹13.8 Lakhs per year
Underwriting Consultant Salary in Insurance ₹5.0 Lakhs to ₹15.0 Lakhs per year
Underwriting Consultant Salary in Banking / Insurance / Accounting ₹5.4 Lakhs to ₹8.5 Lakhs per year
Underwriting Consultant Salary in IT Services & Consulting ₹2.5 Lakhs to ₹6.0 Lakhs per year
Underwriting Consultant Salary in EdTech ₹4.1 Lakhs to ₹6.9 Lakhs per year
How does experience affect salaries of a Underwriting Consultant in India?
Experience significantly impacts a Underwriting Consultant salary in India. Salaries increase with experience, as Underwriting Consultant take on more complex tasks, responsibilities, and leadership roles. Underwriting Consultant salary at different experience level are as follows:
Experience Average Salary Range
1 year ₹2.5 Lakhs to ₹8.0 Lakhs per year
2 years ₹4.2 Lakhs to ₹13.8 Lakhs per year
3 years ₹13.8 Lakhs to ₹13.8 Lakhs per year
4 years ₹6.1 Lakhs to ₹7.2 Lakhs per year
and so on.

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