Cognizant Mortgage Underwriter Salaries by 30+ Employees (Updated 2025)

1 - 7 years exp.

₹2.1 Lakhs - ₹6.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

19% less than the average Mortgage Underwriter Salary in IT Services & Consulting Companies for 1 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Mortgage Underwriter Salary 1 - 7 years exp. (12 salaries)	₹3 L/yr - ₹6.6 L/yr
BFSI, Investments & Trading Mortgage Underwriter Salary 1 - 6 years exp. (9 salaries)	₹2.1 L/yr - ₹5.8 L/yr
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Finance & Accounting Mortgage Underwriter Salary 1 - 3 years exp. (7 salaries)	₹2.8 L/yr - ₹5 L/yr

Last Updated: 25 Jan 2025

Companies similar to Cognizant for Mortgage Underwriter

Company name	Avg Annual Salary	Open Jobs
Accenture Mortgage Underwriter Salary 0 - 4 years exp. (193 salaries)	₹1.3 L/yr - ₹6 L/yr 24% less
TCS Mortgage Underwriter Salary 1 - 9 years exp. (160 salaries)	₹2 L/yr - ₹7 L/yr 8% less
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Wipro Mortgage Underwriter Salary 1 - 5 years exp. (45 salaries)	₹1.6 L/yr - ₹6 L/yr 5% less
Infosys Mortgage Underwriter Salary 0 - 6 years exp. (26 salaries)	₹2 L/yr - ₹4.2 L/yr 17% less
Genpact Mortgage Underwriter Salary 1 - 7 years exp. (18 salaries)	₹2.5 L/yr - ₹6.2 L/yr 6% less
HCLTech Mortgage Underwriter Salary 0 - 4 years exp. (10 salaries)	₹2 L/yr - ₹4.5 L/yr 16% less
HCL Group Mortgage Underwriter Salary 3 - 4 years exp. (3 salaries)	₹3.8 L/yr - ₹8 L/yr 31% more

Mortgage Underwriter salary at Cognizant ranges between ₹2.1 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 34 latest salaries received from various employees of Cognizant.

Experience wise Cognizant Mortgage Underwriter salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹2.1 L/yr - ₹6.2 L/yr
2 years (10 salaries)	₹3.3 L/yr - ₹4.8 L/yr
Login to view exact salary
3 years (6 salaries)	₹2.8 L/yr - ₹5 L/yr
4 years (4 salaries)	₹1.6 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹4.5 L/yr
6 years (5 salaries)	₹4 L/yr - ₹6 L/yr
7 years (3 salaries)	₹4.2 L/yr - ₹6.6 L/yr

View all

Similar Designation salaries in Cognizant

Management Trainee Salary

(9 salaries)

₹4.2 L/yr - ₹7.1 L/yr

Finance Executive Salary

(179 salaries)

₹3.35 L/yr - ₹13.92 L/yr

Process Developer Salary

(29 salaries)

₹2.4 L/yr - ₹6 L/yr

Credit Analyst Salary

(5 salaries)

₹2 L/yr - ₹3.2 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Process Associate Salary

(2.8k salaries)

₹1 L/yr - ₹6.5 L/yr

Associate Analyst Salary

(125 salaries)

₹2.25 L/yr - ₹12.38 L/yr

Business Analyst Salary

(2.6k salaries)

₹5 L/yr - ₹19.02 L/yr

Team Lead Salary

(7.4k salaries)

₹5.25 L/yr - ₹16.39 L/yr

Associate Consultant Salary

(1.5k salaries)

₹4.9 L/yr - ₹18.4 L/yr

Top skills at Cognizant for Mortgage Underwriter

Credit Underwriting US Mortgage SDI

Salary related reviews for Cognizant

3.3

Rated by 9 employees for salary & benefits

Senior Associate in Noida

Full Time

Engineering - Software & QA Department

2.0

• posted on 20 Mar 2025

3.0

for Salary and Benefits

Likes

As working here is quite good when your manager is cooperative. Though In previous two years work and manager both was good no complaints for them and i worked from home till now and everyone was cool.

Skill development - Good

Dislikes

Now during current project my so called manager is psycho. Here in cognizant manager also do coding but he is like only I have to do everything and he just wants credit for it. Even to other squads he is like only he is doing work. He oftenly insulted me and two other team mates. I talked with my home manager but no benefit. Only you have to suffer in that scenario.

Job security - Poor

+3 more

Senior Associate in Pune

Full Time

Consulting Department

2.0

• posted on 19 Mar 2025

3.0

for Salary and Benefits

Likes

1. salary do not have varaibale component. 2. Co-workers are good.

Dislikes

1. Low job security 2. Forcing people to work from office(ODC) 3. Mostly support projects 4. Very low transparency with poor management 5. Work satisfaction is very average

Skill development - Poor

+5 more

Process Specialist in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 14 Mar 2025

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

You'll go school everyday and work for 10hr but your salary will credited for 9hr, high level of micromanagement, you are notified supposed to take leave irrespective of any scenario (Parental leave or even your own family died) they'll convince you to take leave for 2-5days only. Everyday there will be special warning session with management for 1 hrs with whole floor (e.g, if you are not meeting up the target you'll be sacked, etc etc)

Salary - Poor

+6 more

Senior Process Associate in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 13 Feb 2025

3.0

for Salary and Benefits

Likes

The company is known for its emphasis on continuous learning and development, offering employees plenty of opportunities to grow and advance in their careers. Additionally, Cognizant is involved in various innovative projects across different industries, which can be exciting and rewarding for those who enjoy tackling complex challenges and contributing to transformative solutions.

Dislikes

The work-life balance could be better, Salary growth and increments could be substantial, Promotion that is not always on merit list, Senior Management communication and support from leadership should be better.

Skill development - Poor

+4 more

Senior Process Associate in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

3.0

• posted on 03 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing to say much

Work satisfaction - Good

+1 more

Dislikes

Management and promotions are based on favaourism and very poor in salary hike and mainly without discussion with employees management gives us performance rating and apart from work there is no other activity today like no outings team lunch and other fun activities

Salary - Bad

+3 more

see more salary related reviews

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What people are saying about Cognizant

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a snowflake developer

2w (edited)

Novartis Job Offer

Hi everyone, I have 3.6 years of IT experience and currently work at a service-based company in Pune. My current CTC is 14 LPA (13.5 LPA fixed). I recently received an offer from Novartis Hyderabad as Data Analyst level 3 with a CTC of 19.9 LPA (18.3 LPA fixed). Is this a good offer, or is it on the lower side for my experience? Would appreciate your suggestions! Any answers from people working at Novartis pls ?

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Cognizant Mortgage Underwriter Salary FAQs

What is the salary of Mortgage Underwriter at Cognizant ?

The average salary of a Mortgage Underwriter at Cognizant in India typically ranges from ₹2.1 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Mortgage Underwriter at Cognizant earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Mortgage Underwriter Salaries at Cognizant can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ Cognizant employees in India.

What is the estimated take home salary of a Mortgage Underwriter at Cognizant in India?

The estimated take-home salary of a Mortgage Underwriter at Cognizant in India typically ranges from ₹29,198 to ₹30,574 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 1 year to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of Cognizant. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Mortgage Underwriter at Cognizant ?

To be a Mortgage Underwriter at Cognizant in india, the key skills required include:

- Credit Underwriting
- US Mortgage
- SDI

These skills are highly valued at Cognizant and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Cognizant for Mortgage Underwriter in India?

HCL Group

₹3.8 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cognizant, depending on the role and experience level.

What is the salary of a Mortgage Underwriter in companies similar to Cognizant in India?

The salary of a Mortgage Underwriter at companies similar to Cognizant in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wipro	₹1.6 Lakhs to ₹6.0 Lakhs per year
Genpact	₹2.5 Lakhs to ₹6.2 Lakhs per year
TCS	₹2.0 Lakhs to ₹7.0 Lakhs per year
HCLTech	₹2.0 Lakhs to ₹4.5 Lakhs per year
Infosys	₹2.0 Lakhs to ₹4.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Mortgage Underwriter at Cognizant in India?

The salary growth for a Mortgage Underwriter at Cognizant depends on factors such as experience, performance, and promotions. On average, a Mortgage Underwriter can expect the following growth trajectory at Cognizant:

Experience	Average Salary Range
1 year	₹2.1 Lakhs to ₹6.2 Lakhs per year
2 years	₹3.3 Lakhs to ₹4.8 Lakhs per year
3 years	₹2.8 Lakhs to ₹5.0 Lakhs per year
4 years	₹1.6 Lakhs to ₹5.8 Lakhs per year

and so on.

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Cognizant Mortgage Underwriter Salaries

Cognizant Mortgage Underwriter salary in India ranges between ₹2.1 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 Cognizant latest salaries received from various employees of Cognizant.