Underwriting Manager
Annual salary range
₹3 Lakhs - ₹12.3 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
Filter salaries byUnderwriting Manager Salary in Banking / Insurance / Accounting in India
based on 51
latest salaries
• updated:
26 Dec 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise Underwriting Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
2
years
(4
salaries)
|  ₹5.7 L/yr - ₹8.4 L/yr |
3
years
(5
salaries)
| ₹3 L/yr - ₹8 L/yr |
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| |
4
years
(8
salaries)
| ₹3 L/yr - ₹7.6 L/yr |
5
years
(9
salaries)
| ₹3.6 L/yr - ₹7.6 L/yr |
6
years
(4
salaries)
| ₹3.2 L/yr - ₹10 L/yr |
View all salaries by experience
Underwriting Manager Salary in
India ranges between ₹3
Lakhs to ₹12.3
Lakhs for
2 years of experience to 14 years of experience
. Salary estimates are based on
51 latest salaries received
from Underwriting Manager.
See latest salaries
Underwriting Manager salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Underwriting Manager Salary
3 - 14
years
exp.
(23
salaries)
| ₹3.2 L/yr - ₹12.3 L/yr |
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| |
Customer Success, Service & Operations
Underwriting Manager Salary
3 - 9
years
exp.
(9
salaries)
| ₹3.3 L/yr - ₹7.9 L/yr |
View all departments salaries
Latest annual salaries shared by Underwriting Managers
3d ago
Care Health Insurance
Underwriting Manager
8 years exp.
4d ago
Cogneesol
Underwriting Manager
3 years exp.
1w ago
Wipro
Underwriting Manager
6 years exp.
1w ago
Bandhan Life
Underwriting Manager
5 years exp.
1w ago
Alliance Insurance Brokers
Underwriting Manager
5 years exp.
2w ago
HSBC Group
Underwriting Manager
4 years exp.
2w ago
Flyhomes
Underwriting Manager
14 years exp.
3w ago
Bajaj Allianz General Insurance
Underwriting Manager
14 years exp.
4w ago
Bajaj Finserv
Underwriting Manager
4 years exp.
4w ago
Accenture
Underwriting Manager
10 years exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
2 -
6
yrs
exp.
(7 salaries)
|
₹4.5 L/yr - ₹7.5 L/yr | |
4 -
14
yrs
exp.
(7 salaries)
|
₹2.8 L/yr - ₹9.2 L/yr | |
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| ||
7 -
10
yrs
exp.
(5 salaries)
|
₹12 L/yr - ₹13 L/yr | |
12 -
17
yrs
exp.
(5 salaries)
|
₹9.7 L/yr - ₹18.5 L/yr | |
1 -
3
yrs
exp.
(5 salaries)
|
₹5.1 L/yr - ₹8.4 L/yr | |
3 -
8
yrs
exp.
(5 salaries)
|
₹5.5 L/yr - ₹7.9 L/yr | |
7 -
17
yrs
exp.
(4 salaries)
|
₹8.2 L/yr - ₹18 L/yr | |
|
6 -
16
yrs
exp.
(3 salaries)
|
₹7.5 L/yr - ₹10 L/yr | |
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| ||
|
2 -
4
yrs
exp.
(3 salaries)
|
₹2.4 L/yr - ₹3.3 L/yr | |
5 -
16
yrs
exp.
(AmbitionBox Estimate)
|
₹6.8 L/yr - ₹8.6 L/yr | |
Underwriting Manager Jobs in India
Underwriting Manager
· 3-4 years
Muthoot Homefin India Limited (MHIL)
₹4
L/yr
- ₹6
L/yr
Mumbai
Underwriting Manager
· 4-8 years
XL India Business Services Pvt. Ltd.
Mumbai
Underwriting Manager
· 2-6 years
AXA Business Services Pvt Ltd
Mumbai
Similar Designation Salaries for Underwriting Manager
| Designations | Avg Annual Salary |
|---|---|
Underwriting Analyst Salary
0 -
4
years
exp.
(10 salaries)
| ₹2 L/yr - ₹6.9 L/yr |
Credit Manager Salary
1 -
9
years
exp.
(594 salaries)
| ₹3.4 L/yr - ₹17 L/yr |
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| |
Underwriter Salary
1 -
8
years
exp.
(2k salaries)
| ₹1.9 L/yr - ₹9.3 L/yr |
Deputy Manager Salary
3 -
15
years
exp.
(2.3k salaries)
| ₹3.4 L/yr - ₹12 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(2.4k salaries)
| ₹5.2 L/yr - ₹37.8 L/yr |
View more similar designations
Top skills for Underwriting Manager
Underwriting Manager Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Underwriting Manager
2 -
15
years
exp.
| ₹3.8 L/yr - ₹17.2 L/yr |
New Delhi
Underwriting Manager
2 -
14
years
exp.
| ₹3.6 L/yr - ₹16.7 L/yr |
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| |
Pune
Underwriting Manager
2 -
14
years
exp.
| ₹5 L/yr - ₹14.9 L/yr |
Bangalore / Bengaluru
Underwriting Manager
3 -
14
years
exp.
| ₹3.2 L/yr - ₹21.1 L/yr |
Hyderabad / Secunderabad
Underwriting Manager
2 -
14
years
exp.
| ₹4.7 L/yr - ₹28.5 L/yr |
View More
Underwriting Manager Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Underwriting Manager
2 -
15
years
exp.
| ₹3.6 L/yr - ₹15 L/yr |
Insurance
Underwriting Manager
2 -
15
years
exp.
| ₹3.5 L/yr - ₹15 L/yr |
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| |
NBFC
Underwriting Manager
2 -
14
years
exp.
| ₹2.7 L/yr - ₹9.5 L/yr |
Internet
Underwriting Manager
3 -
14
years
exp.
| ₹4.6 L/yr - ₹25.1 L/yr |
IT Services & Consulting
Underwriting Manager
2 -
13
years
exp.
| ₹6 L/yr - ₹17 L/yr |
View More
Frequently Asked Questions about Underwriting Manager Salaries
What is the salary of a Underwriting Manager in India?
Salary for a Underwriting Manager in India ranges between ₹3.0 Lakhs to ₹12.3 Lakhs per year. Salary estimates are based on 51 latest salaries received from various Underwriting Managers across industries.
What are the top paying companies that employ Underwriting Managers?
- SBI General Insurance Underwriting Manager Salary - ₹10.7 Lakhs per year
- Care Health Insurance Underwriting Manager Salary - ₹4.9 Lakhs per year
What is the starting salary for a Underwriting Manager in India?
Average starting Salary for Underwriting Manager in India is around ₹3.0 Lakhs per year (₹25.0k per month). 2 years of minimum experience is required to be a Underwriting Manager.
What is the highest salary for a Underwriting Manager in India?
Highest salary that a Underwriting Manager can earn is ₹13.5 Lakhs per year (₹1.1L per month).
What are the top paying industries for Underwriting Manager in India?
- IT Services & Consulting - ₹2.6 Lakhs to 31.1 Lakhs per year
- Financial Services - ₹4.5 Lakhs to 45.0 Lakhs per year
- Insurance - ₹2.4 Lakhs to 31.0 Lakhs per year
- BPO - ₹3.0 Lakhs to 20.0 Lakhs per year
- NBFC - ₹2.5 Lakhs to 11.1 Lakhs per year
What are the top paying cities for Underwriting Manager in India?
- Pune - ₹12.0 Lakhs to 18.5 Lakhs per year
- Hyderabad / Secunderabad - ₹5.1 Lakhs to 11.3 Lakhs per year
- New Delhi - ₹3.0 Lakhs to 18.0 Lakhs per year
- Mumbai - ₹2.8 Lakhs to 14.5 Lakhs per year
- Chennai - ₹5.5 Lakhs to 7.9 Lakhs per year
What are the popular/top skills required to become a Underwriting Manager?
These are the top skills of a Underwriting Manager based on 5 jobs posted by employers.
- Salesforce
- Operations
- Team Management
- Finance
- Compliance
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Underwriting Manager Interview Questions
based on 5 interviews
Q1.
Product knowledge
Q2.
Why you want to join us
Q3.
First job hence wanted to join a big company like this
Q4.
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