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

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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
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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
Genpact Underwriter Salary 1 - 6 years exp. (42 salaries)	₹2.5 L/yr - ₹6.4 L/yr 5% more	1 job opening
WNS Underwriter Salary 2 - 9 years exp. (25 salaries)	₹2 L/yr - ₹7 L/yr 26% more
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TCS Underwriter Salary 1 - 7 years exp. (32 salaries)	₹1.8 L/yr - ₹7.5 L/yr 7% less
Infosys Underwriter Salary 2 - 5 years exp. (6 salaries)	₹3.9 L/yr - ₹4.5 L/yr 13% more
HCLTech Underwriter Salary 4 - 10 years exp. (5 salaries)	₹3.1 L/yr - ₹5.8 L/yr 14% more
Cognizant Underwriter Salary 2 - 5 years exp. (7 salaries)	₹3.4 L/yr - ₹8.5 L/yr 38% more
Accenture Underwriter Salary 0 - 4 years exp. (64 salaries)	₹1.5 L/yr - ₹5.5 L/yr 13% less
Capgemini Underwriter Salary 3 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 8% more

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)	₹2.5 L/yr - ₹6.7 L/yr
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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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)	₹1.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5.2 L/yr

View all

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(3 salaries)

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Mortgage Underwriter Salary

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Team Lead Salary

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Underwriting Analyst Salary

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₹3.2 L/yr - ₹4 L/yr

Senior Associate Salary

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Senior Analyst Salary

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₹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.

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Exl India Underwriter Salary FAQs

What is the salary of Underwriter at Exl India?

Underwriter salary at Exl India in India ranges between ₹2.5 Lakhs to ₹5.2 Lakhs for experience between 1 years to 8 years. According to our estimates it is 29% less than the average Underwriter Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Exl India India.

How does the salary of a Underwriter at Exl India India compare with the average salary range for this job?

The average salary of a Underwriter at Exl India is 29% less than the average salary of a Underwriter in India. To know exact salary insights, login to view.

Which similar companies are paying more than Exl India to a Underwriter in India?

Cognizant Underwriter Salary - ₹3.4 Lakhs to ₹8.5 Lakhs per year
WNS Underwriter Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
HCLTech Underwriter Salary - ₹3.1 Lakhs to ₹5.8 Lakhs per year
Infosys Underwriter Salary - ₹3.9 Lakhs to ₹4.5 Lakhs per year
Capgemini Underwriter Salary - ₹3.5 Lakhs to ₹4.8 Lakhs per year

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

Genpact Underwriter Salary - ₹2.5 Lakhs to ₹6.4 Lakhs per year
TCS Underwriter Salary - ₹1.8 Lakhs to ₹7.5 Lakhs per year
Accenture Underwriter Salary - ₹1.5 Lakhs to ₹5.5 Lakhs per year

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 ranges between ₹28,115 per month to ₹29,507 per month in India. The take-home salary calculation is based on the average Exl India Underwriter salary in India which ranges between ₹2.5 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at Exl India?

According to AmbitionBox, 45% of the Exl India Underwriters reported a notice period of 15 days or less, 37% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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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.