Underwriting Officer
Annual salary range
₹2 Lakhs - ₹7 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byUnderwriting Officer Salary in India (Updated 2025)
based on 119
latest salaries
• updated:
8 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Underwriting Officer Salary in India ranges between ₹2 Lakhs to ₹7 Lakhs for less than 1 year of experience to 8 years of experience. Salary estimates are based on 119 latest salaries received from Underwriting...
Read More
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
0 -
5
yrs
exp.
(86 salaries)
|
₹1.6 L/yr - ₹3.6 L/yr | |
1 -
6
yrs
exp.
(4 salaries)
|
₹2 L/yr - ₹3.2 L/yr | |
Login to view exact salary
| ||
0 -
3
yrs
exp.
(4 salaries)
|
₹29.5 L/yr - ₹38 L/yr | |
1 -
3
yrs
exp.
(3 salaries)
|
₹2.7 L/yr - ₹3.5 L/yr | |
2 -
3
yrs
exp.
(3 salaries)
|
₹2.8 L/yr - ₹3.8 L/yr | |
10 yrs
exp.
(AmbitionBox Estimate)
|
₹22.7 L/yr - ₹29 L/yr | |
3 -
6
yrs
exp.
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
6 -
21
yrs
exp.
(AmbitionBox Estimate)
|
₹11.7 L/yr - ₹15 L/yr | |
Login to view exact salary
| ||
1 -
2
yrs
exp.
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹2.9 L/yr | |
17 -
19
yrs
exp.
(AmbitionBox Estimate)
|
₹2.1 L/yr - ₹2.7 L/yr | |
Latest annual salaries shared by Underwriting Officers
5d ago
Star Health & Allied Insurance
Underwriting Officer
4 years exp.
6d ago
Sutherland Mortgage Services
Underwriting Officer
1 year exp.
3w ago
Revolut
Underwriting Officer
2 years exp.
3w ago
Star Health & Allied Insurance
Underwriting Officer
5 years exp.
4w ago
Star Health & Allied Insurance
Underwriting Officer
4 years exp.
1mo ago
Kshema General Insurance
Underwriting Officer
2 years exp.
1mo ago
Star Health & Allied Insurance
Underwriting Officer
3 years exp.
1mo ago
Star Health & Allied Insurance
Underwriting Officer
3 years exp.
2mo ago
Star Health & Allied Insurance
Underwriting Officer
5 years exp.
2mo ago
RBL Bank
Underwriting Officer
1 year exp.
View all latest salaries
Underwriting Officer salaries by
| Years of experience | Avg. annual salary |
|---|---|
Fresher
(11
salaries)
|  ₹2 L/yr - ₹3 L/yr |
1
year
(27
salaries)
| ₹1.6 L/yr - ₹3.5 L/yr |
Login to view exact salary
| |
2
years
(25
salaries)
| ₹2.1 L/yr - ₹13.2 L/yr |
3
years
(21
salaries)
| ₹2.4 L/yr - ₹29.5 L/yr |
4
years
(16
salaries)
| ₹2.3 L/yr - ₹6 L/yr |
View all salaries by experience
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Senior Officer Salary
2 -
11
years
exp.
(49.2k salaries)
| ₹2.4 L/yr - ₹10.7 L/yr |
Operations Manager Salary
3 -
17
years
exp.
(81.4k salaries)
| ₹3 L/yr - ₹21.3 L/yr |
Login to view exact salary
| |
Assistant Manager Salary
2 -
13
years
exp.
(6L salaries)
| ₹3 L/yr - ₹17 L/yr |
Deputy Manager Salary
3 -
15
years
exp.
(2.2L salaries)
| ₹4 L/yr - ₹18 L/yr |
Operations Executive Salary
1 -
7
years
exp.
(71.2k salaries)
| ₹1.6 L/yr - ₹5 L/yr |
View more similar designations
Salary related reviews by similar designations like Underwriting Officer
Star Health & Allied Insurance
Senior Executive
• posted on 12 Sep 2022
Likes
Job Security, Salary on time credit, Anual Increment Hike, Bonus, Employee Health Insurance
read more- Job security - Excellent
+1 more
Dislikes
Lots of Politics
Star Health & Allied Insurance
Assistant Manager
• posted on 21 Dec 2021
Likes
...environment and culture teammates are supportive and the management are giving good appraisals and they give good salary increments.
read more- Salary - Good
+6 more
Dislikes
They not consider employees side truth.
Underwriting Officer Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Chennai
Underwriting Officer
0 -
4
years
exp.
| ₹2 L/yr - ₹3.8 L/yr |
Hyderabad / Secunderabad
Underwriting Officer
0 -
5
years
exp.
| ₹2 L/yr - ₹3.5 L/yr |
Login to view exact salary
| |
Mumbai
Underwriting Officer
0 -
7
years
exp.
| ₹2.2 L/yr - ₹3.1 L/yr |
Bangalore / Bengaluru
Underwriting Officer
0 -
4
years
exp.
| ₹2.2 L/yr - ₹3.5 L/yr |
Pune
Underwriting Officer
0 -
4
years
exp.
| ₹2 L/yr - ₹3.5 L/yr |
View More
Underwriting Officer Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Insurance Underwriting Officer
0 -
7
years
exp.
| ₹2 L/yr - ₹3.6 L/yr |
Financial Services Underwriting Officer
1 -
8
years
exp.
| ₹2.2 L/yr - ₹36 L/yr |
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| |
Banking Underwriting Officer
1 -
6
years
exp.
| ₹2 L/yr - ₹4.1 L/yr |
NBFC Underwriting Officer
1 -
8
years
exp.
| ₹0.1 L/yr - ₹6.3 L/yr |
Banking / Insurance / Accounting Underwriting Officer
2 -
6
years
exp.
| ₹4.1 L/yr - ₹38 L/yr |
View More
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 ₹7.0 Lakhs per year. Salary estimates are based on 119 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?
- Financial Services - ₹2.5 Lakhs to 28.5 Lakhs per year
- NBFC - ₹0.1 Lakhs to 6.3 Lakhs per year
- Insurance - ₹1.5 Lakhs to 42.0 Lakhs per year
- Fitness & Wellness - ₹3.0 Lakhs to 3.0 Lakhs per year
- Banking - ₹2.0 Lakhs to 4.1 Lakhs per year
What are the top paying cities for Underwriting Officer in India?
- Hyderabad / Secunderabad - ₹2.0 Lakhs to 28.5 Lakhs per year
- Mumbai - ₹2.0 Lakhs to 16.0 Lakhs per year
- Bangalore / Bengaluru - ₹2.2 Lakhs to 7.1 Lakhs per year
- Chennai - ₹1.6 Lakhs to 7.5 Lakhs per year
- Pune - ₹2.0 Lakhs to 3.5 Lakhs per year
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