Cognizant Bangalore / Bengaluru Underwriter Salaries by 7 Employees

2 - 5 years exp.

₹3.4 Lakhs - ₹8.5 Lakhs

Salary of majority employees

12% less than the average Underwriter Salary in IT Services & Consulting Companies for 2 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriter Salary 2 - 5 years exp. (5 salaries)	₹4.2 L/yr - ₹8.5 L/yr
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Customer Success, Service & Operations Underwriter Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹5.3 L/yr

Last Updated: 2 Sep 2024

Companies similar to Cognizant for Underwriter in Bangalore / Bengaluru

Cognizant Underwriter Salary

2 - 5 years exp. (7 salaries)

₹3.4 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Infosys Underwriter Salary 2 - 5 years exp. (6 salaries)	₹3.9 L/yr - ₹4.5 L/yr 20% less
Wipro Underwriter Salary 2 - 4 years exp. (6 salaries)	₹2.8 L/yr - ₹5.5 L/yr 21% less
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Capgemini Underwriter Salary 3 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 23% less
SitusAMC Underwriter Salary 3 - 12 years exp. (111 salaries)	₹4.3 L/yr - ₹10.5 L/yr 41% more
VERITY GLOBAL SOLUTIONS Underwriter Salary 1 - 9 years exp. (39 salaries)	₹3.1 L/yr - ₹9.3 L/yr 1% more

Underwriter salary at Cognizant ranges between ₹3.4 Lakhs to ₹8.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Cognizant.

Experience wise Cognizant Underwriter salaries in Bangalore / Bengaluru

Last Updated: 2 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9 L/yr
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹5.2 L/yr
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4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹8.5 L/yr

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Mortgage Underwriter Salary

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₹3 L/yr - ₹5.8 L/yr

Top skills at Cognizant for Underwriter

Underwriting Medical Underwriting Property and Casualty Insurance Insurance Underwriting US Mortgage Life Insurance Medical Writing Claims Adjudication P&C Property Insurance Underwriting Insurance Claims Mortgage Underwriting US Mortgage Underwriting Casualty

Salary related reviews for Cognizant

Senior Associate in Noida

Full Time

Procurement & Supply Chain Department

4.0

• posted on 10 Jan 2025

3.0

for Salary and Benefits

Likes

Cognizant has strong capebilities in delivering technology services with a robust support. People are satisfied working here but since past couple of years company has not given ample opportunitiesto employees in terms of growth and compensastion

Work satisfaction - Good

+2 more

Dislikes

Not good approasal No timely appraisal No promotion policies No standard salary parameters as per exp No benchmarking for compensastion

Senior Associate in Kolkata

Full Time

Engineering - Software & QA Department

3.0

• posted on 10 Jan 2025

4.0

for Salary and Benefits

Likes

If you swith to Cognizant, they will provide good salary compared to other service based company. They also push their associate for skill development with regular certification drive.

Salary - Good

+1 more

Dislikes

The appraisal system dropped drastically in couple of years. Very minimum salary hike with high ratings.

Promotions - Poor

Team Lead in Bangalore / Bengaluru

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.

Skill development - Excellent

+4 more

Dislikes

Salary is lower compared to other firms.

Process Specialist in Greater Noida

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.

Job security - Excellent

+2 more

Dislikes

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

Salary - Poor

Senior Associate in Kolkata

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.

Skill development - Good

+1 more

Dislikes

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

Salary - Poor

+1 more

see more salary related reviews

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What people are saying about Cognizant

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a snowflake developer

1w (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 Underwriter Salary FAQs

What is the salary of Underwriter at Cognizant in Bangalore / Bengaluru?

The average salary of a Underwriter at Cognizant in Bangalore / Bengaluru typically ranges from ₹3.4 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Underwriter in Bangalore / Bengaluru at Cognizant earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. 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 7 Cognizant employees in India.

What is the estimated take home salary of a Underwriter at Cognizant in Bangalore / Bengaluru?

The estimated take-home salary of a Underwriter at Cognizant in Bangalore / Bengaluru typically ranges from ₹40,422 to ₹41,581 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 2 years to 5 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 7 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 Underwriter at Cognizant in Bangalore / Bengaluru?

To be a Underwriter at Cognizant in Bangalore / Bengaluru, the key skills required include:

- Underwriting
- Medical Underwriting
- Property and Casualty Insurance
- Insurance Underwriting
- US Mortgage

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 Underwriter in India?

SitusAMC	₹4.3 Lakhs to ₹10.5 Lakhs per year
VERITY GLOBAL SOLUTIONS	₹3.1 Lakhs to ₹9.3 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 Underwriter in companies similar to Cognizant in Bangalore / Bengaluru?

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

Infosys	₹3.9 Lakhs to ₹4.5 Lakhs per year
Wipro	₹2.8 Lakhs to ₹5.5 Lakhs per year
Capgemini	₹3.5 Lakhs to ₹4.8 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 Underwriter at Cognizant in Bangalore / Bengaluru?

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

Experience	Average Salary Range
2 years	₹3.5 Lakhs to ₹9.0 Lakhs per year
3 years	₹3.4 Lakhs to ₹5.2 Lakhs per year
4 years	₹2.1 Lakhs to ₹7.0 Lakhs per year
5 years	₹2.1 Lakhs to ₹8.5 Lakhs per year

and so on.

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Cognizant Underwriter Salaries in Bangalore / Bengaluru

Cognizant Underwriter salary in Bangalore / Bengaluru ranges between ₹3.4 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Cognizant latest salaries received from various employees of Cognizant.