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Underwriting Officer

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Underwriting Officer Salary in Banking / Insurance / Accounting in India

based on 5 latest salaries • updated: 24 Feb 2024
Select an experience to get the exact salary

Annual salary range

₹4.1 Lakhs - ₹38 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 Officer salaries

Years of experience Avg. Annual Salary
2 years
(1 salaries)
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₹36 L/yr - ₹36 L/yr

3 years
(2 salaries)
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₹29.5 L/yr - ₹38 L/yr

4 years
(1 salaries)
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₹4.1 L/yr - ₹4.1 L/yr

6 years
(1 salaries)
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₹10 L/yr - ₹10 L/yr

Underwriting Officer Salary in India ranges between ₹4.1 Lakhs to ₹38 Lakhs for 2 years of experience to 6 years of experience . Salary estimates are based on 5 latest salaries received from Underwriting Officer.
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Underwriting Officer salaries in different departments

Department Avg Annual Salary
Data Science & Analytics
Underwriting Officer Salary
3 years exp. (AmbitionBox Estimate)
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₹26.6 L/yr - ₹33.9 L/yr

Finance & Accounting
Underwriting Officer Salary
4 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.7 L/yr

Latest annual salaries shared by Underwriting Officers

5d ago

Star Health & Allied Insurance

Underwriting Officer

4 years exp.

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6d ago

Sutherland Mortgage Services

Underwriting Officer

1 year exp.

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3w ago

Revolut

Underwriting Officer

2 years exp.

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3w ago

Star Health & Allied Insurance

Underwriting Officer

5 years exp.

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4w ago

Star Health & Allied Insurance

Underwriting Officer

4 years exp.

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1mo ago

Kshema General Insurance

Underwriting Officer

2 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

3 years exp.

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2mo 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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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
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2 - 11 years exp.
(166 salaries)
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₹2.7 L/yr - ₹15.7 L/yr

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₹2.3 L/yr - ₹23 L/yr

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3 - 15 years exp.
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₹3.4 L/yr - ₹12 L/yr

Assistant Manager Salary
2 - 13 years exp.
(5.6k salaries)
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₹2.8 L/yr - ₹15.5 L/yr

Operations Executive Salary
1 - 7 years exp.
(772 salaries)
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₹1.4 L/yr - ₹4.6 L/yr

View more similar designations

Top skills for Underwriting Officer

1 Underwriting Officer jobs demanding these skills arrow-logo

Underwriting Officer Salary By Locations

Locations Avg Annual Salary
Chennai
Underwriting Officer
1 - 4 years exp.
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₹2 L/yr - ₹3.8 L/yr

Hyderabad / Secunderabad
Underwriting Officer
1 - 5 years exp.
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₹2.2 L/yr - ₹3.5 L/yr

Mumbai
Underwriting Officer
1 - 7 years exp.
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₹2.2 L/yr - ₹3.1 L/yr

Bangalore / Bengaluru
Underwriting Officer
1 - 4 years exp.
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₹2.5 L/yr - ₹3.5 L/yr

Pune
Underwriting Officer
2 - 4 years exp.
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₹2.3 L/yr - ₹3.5 L/yr

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Underwriting Officer Salary In Other Industries

Industries Avg Annual Salary
Insurance
Underwriting Officer
1 - 8 years exp.
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₹2 L/yr - ₹3.8 L/yr

Financial Services
Underwriting Officer
1 - 8 years exp.
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₹2.2 L/yr - ₹36 L/yr

Banking
Underwriting Officer
1 - 6 years exp.
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₹2 L/yr - ₹4.1 L/yr

NBFC
Underwriting Officer
1 - 8 years exp.
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₹0.1 L/yr - ₹6.3 L/yr

Fitness & Wellness
Underwriting Officer
1 - 3 years exp.
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₹3 L/yr - ₹3 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 ₹4.1 Lakhs to ₹38.0 Lakhs per year. Salary estimates are based on 5 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 ₹4.1 Lakhs per year (₹34.2k per month). 2 years of minimum 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 ₹3.6 Lakhs per year (₹30.0k per month).
What are the top paying industries for Underwriting Officer in India?
What are the top paying cities for Underwriting Officer in India?
  • Mumbai - ₹16.0 Lakhs to 16.0 Lakhs per year
  • Patna - ₹10.0 Lakhs to 10.0 Lakhs per year
  • Noida - ₹4.1 Lakhs to 4.1 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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