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Underwriting Manager

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Underwriting Manager Salary in BPO in India

based on 5 latest salaries • updated: 6 Jan 2025
Select an experience to get the exact salary

Annual salary range

₹3.2 Lakhs - ₹20 Lakhs

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Low Confidence means the data is based on a small number of latest salaries.
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Experience wise Underwriting Manager salaries

Years of experience Avg. Annual Salary
3 years
(2 salaries)
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₹3.2 L/yr - ₹3.3 L/yr

6 years
(1 salaries)
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₹6 L/yr - ₹6 L/yr

12 years
(2 salaries)
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₹17.6 L/yr - ₹20 L/yr

Underwriting Manager Salary in India ranges between ₹3.2 Lakhs to ₹20 Lakhs for 3 years of experience to 12 years of experience . Salary estimates are based on 5 latest salaries received from Underwriting Manager.
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Underwriting Manager salaries in different departments

Department Avg Annual Salary
BFSI, Investments & Trading
Underwriting Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹15.8 L/yr - ₹20.2 L/yr

Customer Success, Service & Operations
Underwriting Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Latest annual salaries shared by Underwriting Managers

2d ago

Tata Capital Housing Finance

Underwriting Manager

13 years exp.

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1w ago

Kotak Mahindara Life Insurance

Underwriting Manager

2 years exp.

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1w ago

Prisha Insurance Brokers

Underwriting Manager

3 years exp.

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1w ago

Oxyzo Financial Services

Underwriting Manager

5 years exp.

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2w ago

Care Health Insurance

Underwriting Manager

8 years exp.

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2w ago

Cogneesol

Underwriting Manager

3 years exp.

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3w ago

Wipro

Underwriting Manager

6 years exp.

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3w ago

Bandhan Life

Underwriting Manager

5 years exp.

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3w ago

Alliance Insurance Brokers

Underwriting Manager

5 years exp.

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4w ago

HSBC Group

Underwriting Manager

4 years exp.

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View all latest salaries

Underwriting Manager Jobs in India

Underwriting Manager

· 4-8 years

XL India Business Services Pvt. Ltd.

·
3.7

Mumbai

Underwriting Manager

· 5-7 years

INDUSIND BANK LIMITED

·
3.6

Chennai

Underwriting Manager

· 2-6 years

AXA Business Services Pvt Ltd

·
3.9

Mumbai

View all Underwriting Manager jobs

Similar Designation Salaries for Underwriting Manager

Designations Avg Annual Salary
Underwriting Analyst Salary
1 - 7 years exp.
(59 salaries)
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₹2.6 L/yr - ₹7.5 L/yr

Credit Manager Salary
1 - 9 years exp.
(66 salaries)
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₹2.2 L/yr - ₹22 L/yr

Underwriter Salary
1 - 8 years exp.
(471 salaries)
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₹2.4 L/yr - ₹9 L/yr

Assistant Manager Salary
2 - 13 years exp.
(22.7k salaries)
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₹4.2 L/yr - ₹15 L/yr

Senior Manager Salary
6 - 19 years exp.
(3.3k salaries)
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₹10.1 L/yr - ₹37 L/yr

View more similar designations

Top skills for Underwriting Manager

4 Underwriting Manager jobs demanding these skills arrow-logo

Underwriting Manager Salary By Locations

Locations Avg Annual Salary
Mumbai
Underwriting Manager
2 - 15 years exp.
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₹3.8 L/yr - ₹17.2 L/yr

New Delhi
Underwriting Manager
2 - 14 years exp.
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₹3.6 L/yr - ₹16.7 L/yr

Pune
Underwriting Manager
2 - 14 years exp.
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₹5 L/yr - ₹14.9 L/yr

Bangalore / Bengaluru
Underwriting Manager
3 - 14 years exp.
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₹3.2 L/yr - ₹21.1 L/yr

Hyderabad / Secunderabad
Underwriting Manager
2 - 14 years exp.
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₹4.7 L/yr - ₹28.5 L/yr

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Underwriting Manager Salary In Other Industries

Industries Avg Annual Salary
Financial Services
Underwriting Manager
2 - 15 years exp.
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₹3.6 L/yr - ₹15 L/yr

Insurance
Underwriting Manager
2 - 15 years exp.
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₹3.9 L/yr - ₹15 L/yr

Banking / Insurance / Accounting
Underwriting Manager
2 - 14 years exp.
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₹3 L/yr - ₹12.3 L/yr

FinTech
Underwriting Manager
2 - 9 years exp.
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₹3.2 L/yr - ₹16.7 L/yr

NBFC
Underwriting Manager
2 - 14 years exp.
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₹2.7 L/yr - ₹9.5 L/yr

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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 ₹3.2 Lakhs to ₹20.0 Lakhs per year. Salary estimates are based on 5 latest salaries received from various Underwriting Managers across industries.
What are the top paying companies that employ Underwriting Managers?
What is the starting salary for a Underwriting Manager in India?
Average starting Salary for Underwriting Manager in India is around ₹3.2 Lakhs per year (₹26.7k per month). 3 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?
What are the top paying cities for Underwriting Manager in India?
What are the popular/top skills required to become a Underwriting Manager?
These are the top skills of a Underwriting Manager based on 4 jobs posted by employers.
  • Salesforce
  • Business Development
  • Operations
  • Team Management
  • Compliance

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