Underwriting Officer

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Underwriting Officer Salary in Banking in India

based on 113 latest salaries • updated: 11 Dec 2024
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Annual salary range

₹2 Lakhs - ₹7.5 Lakhs

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Experience wise Underwriting Officer salaries

Years of experience Avg. Annual Salary
Fresher
(9 salaries)
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₹2 L/yr - ₹3 L/yr

1 year
(25 salaries)
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₹2 L/yr - ₹4 L/yr

2 years
(20 salaries)
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₹2.1 L/yr - ₹3.8 L/yr

3 years
(24 salaries)
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₹2.3 L/yr - ₹7 L/yr

4 years
(16 salaries)
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₹2.2 L/yr - ₹6.1 L/yr

View all salaries by experience
Underwriting Officer Salary in India ranges between ₹2 Lakhs to ₹7.5 Lakhs for less than 1 year of experience to 8 years of experience . Salary estimates are based on 113 latest salaries received from Underwriting Officer.
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Underwriting Officer salaries in different departments

Department Avg Annual Salary
BFSI, Investments & Trading
Underwriting Officer Salary
3 - 6 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.7 L/yr

Finance & Accounting
Underwriting Officer Salary
1 - 4 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹4.7 L/yr

Latest annual salaries shared by Underwriting Officers

6d ago

Revolut

Underwriting Officer

2 years exp.

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1w ago

Star Health & Allied Insurance

Underwriting Officer

5 years exp.

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1w ago

Sutherland Mortgage Services

Underwriting Officer

1 year exp.

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2w ago

Star Health & Allied Insurance

Underwriting Officer

4 years exp.

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2w ago

Kshema General Insurance

Underwriting Officer

2 years exp.

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3w ago

Star Health & Allied Insurance

Underwriting Officer

3 years exp.

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1mo ago

Star Health & Allied Insurance

Underwriting Officer

3 years exp.

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1mo ago

Star Health & Allied Insurance

Underwriting Officer

5 years exp.

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2mo ago

RBL Bank

Underwriting Officer

1 year exp.

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2mo ago

Star Health & Allied Insurance

Underwriting Officer

1 year exp.

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View all latest salaries

Underwriting Officer Jobs in India

Underwriting Officer

· 1-4 years

Muthoot Capital Services

·

3.9

Thrissur

View all Underwriting Officer jobs

Similar Designation Salaries for Underwriting Officer

Designations Avg Annual Salary
Senior Officer Salary
2 - 10 years exp.
(8.7k salaries)
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₹2.1 L/yr - ₹6 L/yr

Operations Manager Salary
3 - 17 years exp.
(3.7k salaries)
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₹3.3 L/yr - ₹17.6 L/yr

Assistant Manager Salary
2 - 13 years exp.
(59k salaries)
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₹2.5 L/yr - ₹12.5 L/yr

Deputy Manager Salary
3 - 15 years exp.
(53.1k salaries)
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₹3.5 L/yr - ₹9.5 L/yr

Operations Executive Salary
1 - 7 years exp.
(3k salaries)
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₹1.5 L/yr - ₹4 L/yr

View more similar designations

Underwriting Officer Salary By Locations

Locations Avg Annual Salary
Chennai
Underwriting Officer
0 - 8 years exp.
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₹2 L/yr - ₹7.5 L/yr

Hyderabad / Secunderabad
Underwriting Officer
0 - 8 years exp.
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₹2 L/yr - ₹7.5 L/yr

Mumbai
Underwriting Officer
0 - 8 years exp.
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₹2 L/yr - ₹7.5 L/yr

Bangalore / Bengaluru
Underwriting Officer
0 - 8 years exp.
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₹2 L/yr - ₹7.5 L/yr

Pune
Underwriting Officer
0 - 8 years exp.
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₹2 L/yr - ₹7.5 L/yr

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Underwriting Officer Salary In Other Industries

Industries Avg Annual Salary
Insurance
Underwriting Officer
0 - 8 years exp.
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₹2 L/yr - ₹7.5 L/yr

Financial Services
Underwriting Officer
0 - 8 years exp.
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₹2 L/yr - ₹7.5 L/yr

NBFC
Underwriting Officer
0 - 8 years exp.
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₹2 L/yr - ₹7.5 L/yr

Banking / Insurance / Accounting
Underwriting Officer
0 - 8 years exp.
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₹2 L/yr - ₹7.5 L/yr

Fitness & Wellness
Underwriting Officer
0 - 8 years exp.
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₹2 L/yr - ₹7.5 L/yr

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Frequently Asked Questions about Underwriting Officer Salaries

What is the salary of a Underwriting Officer in India?
Salary for a Underwriting Officer in India ranges between ₹2.0 Lakhs to ₹7.5 Lakhs per year. Salary estimates are based on 113 latest salaries received from various Underwriting Officers across industries.
What is the starting salary for a Underwriting Officer in India?
Average starting Salary for Underwriting Officer in India is around ₹2.0 Lakhs per year (₹16.7k per month). No prior experience is required to be a Underwriting Officer.
What is the highest salary for a Underwriting Officer in India?
Highest salary that a Underwriting Officer can earn is ₹3.5 Lakhs per year (₹29.2k per month).
What are the top paying industries for Underwriting Officer in India?
What are the top paying cities for Underwriting Officer in India?
  • Noida - ₹4.1 Lakhs to 4.1 Lakhs per year
  • Kolkata - ₹3.0 Lakhs to 3.6 Lakhs per year
  • New Delhi - ₹2.0 Lakhs to 3.2 Lakhs per year
  • Mumbai - ₹2.2 Lakhs to 2.2 Lakhs per year
  • Thane - ₹2.0 Lakhs to 2.0 Lakhs per year
What are the popular/top skills required to become a Underwriting Officer?
These are the top skills of a Underwriting Officer based on 1 job posted by employers.
  • Research
  • Credit Underwriting

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