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EXL Service Senior Underwriter salaries in Pune (Updated 2025)

Annual salary range
3 - 6 years exp.
₹3.1 Lakhs - ₹5.8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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45% less than the average Senior Underwriter Salary in IT Services & Consulting Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Underwriter Salary
3 - 5 years exp. (5 salaries)
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₹3.1 L/yr - ₹4.1 L/yr

Finance & Accounting
Senior Underwriter Salary
3 - 6 years exp. (3 salaries)
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₹3.5 L/yr - ₹5.8 L/yr

Customer Success, Service & Operations
Senior Underwriter Salary
6 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹5 L/yr

Last Updated: 2 Mar 2025

Companies similar to EXL Service for Senior Underwriter in Pune

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EXL Service Senior Underwriter Salary

3 - 6 years exp. (9 salaries)

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₹3.1 L/yr - ₹5.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Wipro Senior Underwriter Salary

3 - 9 years exp. (20 salaries)

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₹5 L/yr - ₹8.6 L/yr

arrow icon 69% more
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₹4.3 L/yr - ₹7.6 L/yr

arrow icon 39% more
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Mphasis Senior Underwriter Salary

4 - 11 years exp. (11 salaries)

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₹4.9 L/yr - ₹9.5 L/yr

arrow icon 75% more
1 job opening
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₹3.6 L/yr - ₹7.3 L/yr

arrow icon 57% more
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₹5 L/yr - ₹9.5 L/yr

arrow icon 115% more
Senior Underwriter salary at EXL Service ranges between ₹3.1 Lakhs to ₹5.8 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 9 latest salaries received from various employees of EXL Service.

Latest annual salaries shared by EXL Service Senior Underwriter in Pune

1mo ago
₹3.5 Lakhs
5 years exp.
2mo ago
₹5 Lakhs
6 years exp.
8mo ago
₹3.5 Lakhs
4 years exp.
1y ago
₹5.3 Lakhs
6 years exp.

Experience wise EXL Service Senior Underwriter salaries in Pune

Last Updated: 2 Mar 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
4 years  (3 salaries)

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₹3.5 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
6 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr

Similar Designation salaries in EXL Service

Senior Associate Salary
(414 salaries)
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₹1.3 L/yr - ₹8 L/yr
Quality Analyst Salary
(47 salaries)
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₹2.35 L/yr - ₹7 L/yr
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₹9 L/yr - ₹20 L/yr
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₹1.8 L/yr - ₹5.5 L/yr
Analyst Salary
(10 salaries)
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₹2.2 L/yr - ₹6.5 L/yr
Senior Analyst Salary
(7 salaries)
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₹3.65 L/yr - ₹8 L/yr
Team Lead Salary
(5 salaries)
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₹4.5 L/yr - ₹7.5 L/yr
Deputy Manager Salary
(4 salaries)
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₹8.5 L/yr - ₹11.38 L/yr

Salary related reviews for EXL Service

3.8

Rated by 2 employees for salary & benefits

Full Time

 · 

Other Department

1.0
  •  posted on 21 Mar 2025

1.0
 for  Salary and Benefits

Likes

As an organisation EXL may be good but the process under which I worked was pathetic and the manegement sucks.

Dislikes

The toxic culture, they don't pay the same amount to employees who have been working hard here from last 4-5 years but they pay the current market payout to the new employees

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 02 Feb 2025

4.0
 for  Salary and Benefits

Likes

I like the culture and the atmosphere of the office. Management is also the plus point of the review and they should also be appreciated for there hard work.

read more
  • Salary - Good
  • +5 more

Dislikes

Salary package is excellent for experienced. Fresher will get the decent amount.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 03 Oct 2024

2.0
 for  Salary and Benefits

Likes

Their work culture is good overe there all supervisors and managers are supportive.

  • Job security - Good
  • +3 more

Dislikes

Their salary structure they don't do increment as employee expectations. And also they don't offers good salary to their employees in insurance Process.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 29 Feb 2024

3.0
 for  Salary and Benefits

Likes

EXL Service is a good company overall in case of IJPs. If you are looking to learn and grow fast EXL is a good option.

  • Skill development - Excellent
  • +5 more

Dislikes

The only drawback in working with EXL is the salary. The salary is very low as compared to market standards and if someone wants to leave they don't have a retention policy of offering an increment. No matter how how big of an asset you are for the company they won't retain you unless you are on the level of OPS manager and above. Even if your manager tries the HR won't approve a pay raise. On The contrary while hiring QA from outside they offer good package but won't offer the same to a QA who has been outperforming in the process and seems to be a valuable asset.

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Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 05 Jan 2024

2.0
 for  Salary and Benefits

Likes

Work from home . if you're a fresher graduate you can.

Dislikes

Salary... they give salary in penny, chillers, Managers. I want to take names Kiran and mukesh ( she is real evil ) Ther are the real enemy they will cut you down after hiring 1.5 lac to 2 lac freshers😆 this is how they justify their salary... You can't take you CL PL SL, if you want you have to work on Saturday, I don't know when or ever government will look these matters? They will deduct employees PF plus employers pension amount from your salary 😆😆😆 And because you are the employee you cant argue about it because boss is always right.. (This is Illigal) And HRs they will sell themselves in just 2 thousands. Good luck 🤞

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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EXL Service Senior Underwriter Salary FAQs

What is the salary of Senior Underwriter at EXL Service in Pune?
The average salary of a Senior Underwriter at EXL Service in Pune typically ranges from ₹3.1 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Senior Underwriter in Pune at EXL Service earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹5.8 Lakhs per year. Senior Underwriter Salaries at EXL Service 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 9 EXL Service employees in India.
What is the estimated take home salary of a Senior Underwriter at EXL Service in Pune?
The estimated take-home salary of a Senior Underwriter at EXL Service in Pune typically ranges from ₹31,349 to ₹32,643 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 3 years to 6 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 9 salaries received from various employees of EXL Service. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than EXL Service for Senior Underwriter in India?
VERITY GLOBAL SOLUTIONS ₹5.0 Lakhs to ₹9.5 Lakhs per year
Mphasis ₹4.9 Lakhs to ₹9.5 Lakhs per year
Wipro ₹5.0 Lakhs to ₹8.6 Lakhs per year
Firstsource Solutions ₹3.6 Lakhs to ₹7.3 Lakhs per year
Crane Consulting and Outsourcing ₹4.3 Lakhs to ₹7.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by EXL Service, depending on the role and experience level.
How the salary growth look like for a Senior Underwriter at EXL Service in Pune?
The salary growth for a Senior Underwriter at EXL Service in Pune depends on factors such as experience, performance, and promotions. On average, a Senior Underwriter in Pune can expect the following growth trajectory at EXL Service:

Experience Average Salary Range
3 years ₹3.7 Lakhs to ₹4.7 Lakhs per year
4 years ₹3.5 Lakhs to ₹7.5 Lakhs per year
5 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
6 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
and so on.

Tell us how to improve this page.

EXL Service Senior Underwriter salary in Pune ranges between ₹3.1 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 EXL Service latest salaries received from various employees of EXL Service.