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3.8

based on 47.4k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Cognizant Mortgage Underwriter salaries in Mumbai

Annual salary range
1 - 10 years exp.
₹3.2 Lakhs - ₹5 Lakhs
Salary of majority employees
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17% less than the average Mortgage Underwriter Salary in IT Services & Consulting Companies for 1 - 10 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Cognizant for Mortgage Underwriter in Mumbai

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Cognizant Mortgage Underwriter Salary

1 - 10 years exp. (4 salaries)

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₹3.2 L/yr - ₹5 L/yr

vs
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TCS Mortgage Underwriter Salary

1 - 9 years exp. (18 salaries)

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₹3 L/yr - ₹7 L/yr

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1 job opening
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₹2 L/yr - ₹9.8 L/yr

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SitusAMC Mortgage Underwriter Salary

2 - 12 years exp. (51 salaries)

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₹3.7 L/yr - ₹10.3 L/yr

arrow icon 55% more
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Teleperformance Mortgage Underwriter Salary

0 - 6 years exp. (21 salaries)

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₹2.1 L/yr - ₹4.5 L/yr

arrow icon 29% less
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Altisource Mortgage Underwriter Salary

2 - 9 years exp. (20 salaries)

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₹3.5 L/yr - ₹9 L/yr

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Mortgage Underwriter salary at Cognizant ranges between ₹3.2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Cognizant.

Latest annual salaries shared by Cognizant Mortgage Underwriter in Mumbai

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2 years exp.
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1 year exp.
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10 years exp.

Experience wise Cognizant Mortgage Underwriter salaries in Mumbai

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.2 L/yr - ₹5.9 L/yr
2 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4.2 L/yr
3 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
View all

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Top skills at Cognizant for Mortgage Underwriter

Credit Underwriting US Mortgage SDI

Salary related reviews for Cognizant

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Project & Program Management Department

4.0
  •  posted on 18 Dec 2024

3.0
 for  Salary and Benefits

Likes

Ample of learning opportunities if you are willing to take it. Good work life balance in general. Good culture. Leadership if open to hearing employees issues and support them as possible.

read more

Dislikes

Salary is lower compared to other firms.

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 16 Dec 2024

2.0
 for  Salary and Benefits

Likes

Work culture is excellent. Mixed culture makes it really good work environment. Free hand in New Projects for getting new profile.

read more

Dislikes

Salary as per industry standards is less, Increment as per previous followups has not been great. But favouritism plays it's part.

read more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 28 Nov 2024

2.0
 for  Salary and Benefits

Likes

Stability is good. Though in the ongoing global recession, many of my co-workers had to leave projects because of project ramp down and did not get any other projects. Instead of recruiting employees from bench in other projects they are hiring more from people outside.

read more

Dislikes

Appraisal is bad. So joining with low salary does not help much in the long run, better to switch.

read more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 10 Nov 2024

3.0
 for  Salary and Benefits

Likes

Long term projects but mainly support projects. Flexible work timings On time salary and some increment every year Scope to show case your skills

read more

Dislikes

Every time you have search for the projects once your current project ramp down

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 02 Nov 2024

4.0
 for  Salary and Benefits

Likes

They offer competitive salary package. That’s all.

Dislikes

There’s no job satisfaction or personal growth. Enough toxic people up there in the management. So don’t expect any support. It’s all about billing. Also you need to complete a ton of courses and most of them are irrelevant or obsolete, so it just eat your valuable time. Most of the time we have to spend our personal time to do all these since there will be project deadlines.

read more
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Cognizant Mortgage Underwriter Salary FAQs

What is the salary of Mortgage Underwriter at Cognizant Mumbai?
Mortgage Underwriter salary at Cognizant in Mumbai ranges between ₹3.2 Lakhs to ₹5.0 Lakhs for experience between 1 years to 10 years. According to our estimates it is 17% less than the average Mortgage Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Cognizant Mumbai.
How does the salary of a Mortgage Underwriter at Cognizant Mumbai compare with the average salary range for this job?
The average salary of a Mortgage Underwriter at Cognizant is 17% less than the average salary of a Mortgage Underwriter in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Mortgage Underwriter at Cognizant?
Credit Underwriting, US Mortgage and SDI are some of the popular skills required to work as a Mortgage Underwriter at Cognizant Mumbai.
Which similar companies are paying more than Cognizant to a Mortgage Underwriter in Mumbai?
  • SitusAMC Mortgage Underwriter Salary - ₹3.7 Lakhs to ₹10.3 Lakhs per year
  • Altisource Mortgage Underwriter Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year
  • Firstsource Solutions Mortgage Underwriter Salary - ₹2.0 Lakhs to ₹9.8 Lakhs per year
  • TCS Mortgage Underwriter Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Mortgage Underwriter in companies similar to Cognizant in Mumbai?
  • Teleperformance Mortgage Underwriter Salary - ₹2.1 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Mortgage Underwriter at Cognizant in Mumbai?
The estimated take-home salary of a Mortgage Underwriter at Cognizant ranges between ₹33,344 per month to ₹34,608 per month in Mumbai. The take-home salary calculation is based on the average Cognizant Mortgage Underwriter salary in India which ranges between ₹3.2 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Mortgage Underwriter at Cognizant in Mumbai?
According to AmbitionBox, 100% of the Cognizant Mortgage Underwriters in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Cognizant Mortgage Underwriter salary in Mumbai ranges between ₹3.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Cognizant latest salaries received from various employees of Cognizant.