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Underwriting Manager

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Underwriting Manager Salary in New Delhi (Updated 2025)

based on 59 latest salaries • updated: 26 Feb 2025
Select an experience to get the exact salary

Annual salary range

₹3.6 Lakhs - ₹16.7 Lakhs

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

Years of experience Avg. Annual Salary
2 years
(5 salaries)
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₹4.8 L/yr - ₹10.7 L/yr

3 years
(4 salaries)
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₹2.7 L/yr - ₹9 L/yr

4 years
(6 salaries)
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₹3 L/yr - ₹9 L/yr

5 years
(10 salaries)
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₹3.8 L/yr - ₹14 L/yr

6 years
(4 salaries)
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₹3.6 L/yr - ₹8 L/yr

View all salaries by experience
Underwriting Manager Salary in New Delhi ranges between ₹3.6 Lakhs to ₹16.7 Lakhs for 2 years of experience to 14 years of experience . Salary estimates are based on 59 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
2 - 14 years exp. (28 salaries)
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₹4.8 L/yr - ₹16.7 L/yr

Customer Success, Service & Operations
Underwriting Manager Salary
3 - 12 years exp. (12 salaries)
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₹3.8 L/yr - ₹13 L/yr

View all departments salaries
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Top paying companies

Top paying companies

Popular companies

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Jobs available

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Similar designations

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Salary related reviews

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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 New Delhi

Underwriting Manager

· 7-12 years

BIZ2X Platform Private Limited

·
4.1

Noida

Underwriting Manager

· 5-9 years

Green Leaf Consultants

₹7 L/yr - ₹11 L/yr

Mumbai

Underwriting Manager

· 5-7 years

RM INSURANCE BROKING PRIVATE LIMITED

·
3.6

Kolkata

View all Underwriting Manager jobs

Similar Designation Salaries for Underwriting Manager

Designations Avg Annual Salary
Underwriting Analyst Salary
1 - 7 years exp.
(117 salaries)
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₹3.5 L/yr - ₹9.4 L/yr

Underwriter Salary
1 - 8 years exp.
(186 salaries)
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₹2 L/yr - ₹8.9 L/yr

Credit Manager Salary
1 - 10 years exp.
(2.6k salaries)
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₹3.5 L/yr - ₹13.5 L/yr

Senior Manager Salary
6 - 20 years exp.
(17.6k salaries)
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₹6.9 L/yr - ₹36 L/yr

Assistant Manager Salary
2 - 13 years exp.
(65.5k salaries)
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₹3.1 L/yr - ₹17 L/yr

View more similar designations

Top skills for Underwriting Manager

3 Underwriting Manager jobs demanding these skills arrow-logo

Underwriting Manager Salary In Other Locations

Locations Avg Annual Salary
Mumbai
Underwriting Manager
2 - 14 years exp.
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₹3.8 L/yr - ₹17.2 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

Gurgaon / Gurugram
Underwriting Manager
4 - 12 years exp.
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₹3.5 L/yr - ₹17.6 L/yr

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Underwriting Manager Salary By Industries

Industries Avg Annual Salary
Financial Services
Underwriting Manager
2 - 14 years exp.
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₹3.6 L/yr - ₹15 L/yr

Insurance
Underwriting Manager
2 - 14 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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₹3.5 L/yr - ₹16.7 L/yr

NBFC
Underwriting Manager
2 - 14 years exp.
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₹3.6 L/yr - ₹9 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 ₹3.6 Lakhs to ₹16.7 Lakhs per year. Salary estimates are based on 59 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 ₹3.6 Lakhs per year (₹30.0k 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?
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 3 jobs posted by employers.
  • Salesforce
  • Business Development
  • Operations
  • Team Management
  • Finance

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