Exl India Underwriter Salaries by 10+ Employees (Updated 2025)

1 - 8 years exp.

₹2.5 Lakhs - ₹5.2 Lakhs

Salary of majority employees

29% less than the average Underwriter Salary in Logistics Companies for 1 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Underwriter Salary 4 - 8 years exp. (4 salaries)	₹3.1 L/yr - ₹4.5 L/yr
BFSI, Investments & Trading Underwriter Salary 4 - 8 years exp. (3 salaries)	₹3.7 L/yr - ₹5.2 L/yr
Login to view exact salary
Research & Development Underwriter Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Last Updated: 8 Mar 2025

Companies similar to Exl India for Underwriter

Company name	Avg Annual Salary	Open Jobs
SitusAMC Underwriter Salary 3 - 12 years exp. (376 salaries)	₹4.3 L/yr - ₹10.6 L/yr 97% more
VERITY GLOBAL SOLUTIONS Underwriter Salary 1 - 9 years exp. (84 salaries)	₹3.1 L/yr - ₹9.3 L/yr 53% more
Login to view exact salary
Mphasis Underwriter Salary 3 - 11 years exp. (70 salaries)	₹3 L/yr - ₹9 L/yr 65% more	3 job openings
Accenture Underwriter Salary 0 - 4 years exp. (64 salaries)	₹1.5 L/yr - ₹5.5 L/yr 13% less
Star Health & Allied Insurance Underwriter Salary 0 - 8 years exp. (64 salaries)	₹1.4 L/yr - ₹4.1 L/yr 31% less

Underwriter salary at Exl India ranges between ₹2.5 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 12 latest salaries received from various employees of Exl India.

Experience wise Exl India Underwriter salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
4 years (5 salaries)	₹3.1 L/yr - ₹5 L/yr
5 years (3 salaries)	₹3.1 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

View all

Similar Designation salaries in Exl India

Senior Underwriter Salary

(3 salaries)

₹4.18 L/yr - ₹6 L/yr

Analyst Salary

(123 salaries)

₹1.5 L/yr - ₹7 L/yr

Mortgage Underwriter Salary

(5 salaries)

₹3 L/yr - ₹7 L/yr

Team Lead Salary

(18 salaries)

₹3.5 L/yr - ₹10.75 L/yr

Underwriting Analyst Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Associate Salary

(558 salaries)

₹1.4 L/yr - ₹7.68 L/yr

Senior Analyst Salary

(73 salaries)

₹3.1 L/yr - ₹9 L/yr

Deputy Manager Salary

(11 salaries)

₹7 L/yr - ₹11 L/yr

Management Trainee Salary

(4 salaries)

₹5.5 L/yr - ₹26 L/yr

Process Developer Salary

(12 salaries)

₹2.5 L/yr - ₹4.1 L/yr

Salary related reviews for Exl India

2.2

Rated by 2 employees for salary & benefits

Senior Process Associate in Kochi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 01 Mar 2024

1.0

for Salary and Benefits

Likes

I appreciate the positive work environment at EXL service, infopark kochi.

Skill development - Good

+3 more

Dislikes

Comparing the salary package with other companies in the industry, i have noticed that it is significantly lower. This has promted me ti consider the importance of fair compensation in relation to the job satisfaction and motivation.

Salary - Bad

Senior Associate in Noida

Full Time

Engineering - Software & QA Department

5.0

• posted on 24 Nov 2022

5.0

for Salary and Benefits

Likes

First of all I am speechless for this company. I worked here for 7 years and trust me it is one and only company where I have not feel any stress for 7 seconds. One of the best place to work in across NCR. Awesome experience and if I get an opportunity to work as a QA or Business Analyst so I will definitely work always.

Salary - Excellent

+6 more

Dislikes

Salary packages are not too much as per costliness but I would say that comfort and money can not earn at one place.

Senior Associate (working remotely)

Full Time

Finance & Accounting Department

2.0

• posted on 19 Jun 2023

2.0

for Salary and Benefits

Likes

Gave me job as a fresher.

Dislikes

Mandatory overtime without overtime pay. Most of the joiners are freshers so that the manager can easily handle or replace them. Don’t know whether this is with a specific team under a toxic manager or within the entire company. Some of my coworkers is taking therapy to handle the work pressure where the hourly charge of therapy cost higher than the daily salary.

Salary - Poor

+6 more

Senior Associate

Engineering - Software & QA Department

5.0

• posted on 02 Oct 2019

1.0

for Salary and Benefits

Likes

Am part of from 2014 to 2019 September.Very good platform to work .life with EXL is just like a our college life.. collegues and managers are very very supportive...

Skill development - Excellent

+5 more

Dislikes

Compensation structure very very very poor.

Salary - Bad

Process Associate in Bangalore / Bengaluru

Finance & Accounting Department

4.0

• posted on 13 Oct 2018

3.0

for Salary and Benefits

Likes

...s very good. There so many options to learn new things to improve our qualities. In part of salary is not satisfied because they have took me based on MBA graduation but salary in not match with education and not full fill my basic economical requirements... Otherwise everything is very good ...

Job security - Good

+2 more

Dislikes

Team and teammates are very good... Career growth is also gud ... Salary is not satisfied.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Exl India?

Ask anonymously on communities.

Exl India Underwriter Salary FAQs

What is the salary of Underwriter at Exl India ?

The average salary of a Underwriter at Exl India in India typically ranges from ₹2.5 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Underwriter at Exl India earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Underwriter Salaries at Exl India 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 10+ Exl India employees in India.

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

The estimated take-home salary of a Underwriter at Exl India in India typically ranges from ₹28,115 to ₹29,507 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 1 year to 8 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 10+ salaries received from various employees of Exl India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Exl India for Underwriter in India?

SitusAMC	₹4.3 Lakhs to ₹10.6 Lakhs per year
Mphasis	₹3.0 Lakhs to ₹9.0 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 Exl India, depending on the role and experience level.

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

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

Accenture	₹1.5 Lakhs to ₹5.5 Lakhs per year
Star Health & Allied Insurance	₹1.4 Lakhs to ₹4.1 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 Exl India in India?

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

Experience	Average Salary Range
1 year	₹3.3 Lakhs to ₹4.3 Lakhs per year
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.1 Lakhs to ₹5.0 Lakhs per year

and so on.

Tell us how to improve this page.

Exl India Underwriter Salaries by Location

Home >
Salaries >
Exl India Salaries >
Exl India Underwriter Salaries

Exl India Underwriter salary in India ranges between ₹2.5 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Exl India latest salaries received from various employees of Exl India.