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EXL Service Underwriter salaries in India (Updated 2025)

Annual salary range
1 - 8 years exp.
₹2 Lakhs - ₹6 Lakhs
Salary of majority employees
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Fixed (100%)
₹4 Lakhs
Variable (0%)
₹0.0
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25% less than the average Underwriter Salary in Analytics & KPO Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Underwriter Salary
3 - 8 years exp. (9 salaries)
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₹2.8 L/yr - ₹6 L/yr

Customer Success, Service & Operations
Underwriter Salary
1 - 7 years exp. (7 salaries)
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₹2.9 L/yr - ₹5.5 L/yr

Quality Assurance
Underwriter Salary
5 - 7 years exp. (4 salaries)
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₹3 L/yr - ₹5.8 L/yr

Engineering - Software & QA
Underwriter Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹5.5 L/yr

CSR & Social Service
Underwriter Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.9 L/yr

View all

Last Updated: 11 Feb 2025

Companies similar to EXL Service for Underwriter

Company name Avg Annual Salary Open Jobs
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TCS Underwriter Salary

1 - 7 years exp. (32 salaries)

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₹1.8 L/yr - ₹7.5 L/yr

arrow icon 12% less
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Wipro Underwriter Salary

1 - 6 years exp. (20 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 6% less
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Infosys Underwriter Salary

2 - 5 years exp. (6 salaries)

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₹3.9 L/yr - ₹4.5 L/yr

arrow icon 8% more
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Genpact Underwriter Salary

1 - 6 years exp. (46 salaries)

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₹2.2 L/yr - ₹6 L/yr

At par
3 job openings
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Cognizant Underwriter Salary

2 - 5 years exp. (7 salaries)

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₹3.4 L/yr - ₹8.5 L/yr

arrow icon 31% more
1 job opening
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Accenture Underwriter Salary

0 - 4 years exp. (64 salaries)

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₹1.5 L/yr - ₹5.5 L/yr

arrow icon 22% less
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Capgemini Underwriter Salary

3 - 10 years exp. (4 salaries)

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₹3.5 L/yr - ₹4.8 L/yr

arrow icon 3% more
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HCLTech Underwriter Salary

4 - 10 years exp. (5 salaries)

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₹3.1 L/yr - ₹5.8 L/yr

arrow icon 9% more
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WNS Underwriter Salary

2 - 9 years exp. (26 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 18% more
1 job opening

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Underwriter salary at EXL Service ranges between ₹2 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 31 latest salaries received from various employees of EXL Service.

Latest annual salaries shared by EXL Service Underwriter

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7 years exp.
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Experience wise EXL Service Underwriter salaries

Last Updated: 11 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
2 years  (3 salaries)

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₹2 L/yr - ₹5.6 L/yr
3 years  (4 salaries)

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₹3 L/yr - ₹4.2 L/yr
4 years  (8 salaries)

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₹2.8 L/yr - ₹5.5 L/yr
5 years  (4 salaries)

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₹4 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in EXL Service

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₹3.1 L/yr - ₹5.8 L/yr
Analyst Salary
(300 salaries)
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₹1.75 L/yr - ₹8 L/yr
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₹2.15 L/yr - ₹7.8 L/yr
Team Lead Salary
(58 salaries)
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₹3.54 L/yr - ₹15.34 L/yr
Underwriting Analyst Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Senior Associate Salary
(2.4k salaries)
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₹1.19 L/yr - ₹8 L/yr
Senior Analyst Salary
(248 salaries)
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₹2.5 L/yr - ₹10 L/yr
Deputy Manager Salary
(62 salaries)
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₹6.5 L/yr - ₹15.1 L/yr
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₹10 L/yr - ₹19 L/yr
Area Credit Manager Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Top skills at EXL Service for Underwriter

Underwriting Insurance Underwriting General Insurance Motor Insurance Marine Insurance Policy Issuance Insurance Underwriting Underwriting Medical underwriting General Insurance Medical Underwriting Reinsurance Motor Insurance Financial Statements Credit Research

Salary related reviews for EXL Service

3.0

Rated by 4 employees for salary & benefits

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

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

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Oct 2023

3.0
 for  Salary and Benefits

Likes

floor community is the nature of EXL employees they makes community and tries to terminate to new hires and AM and Manager are deaf and dumb in many process

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Dislikes

i don't like EXL floor community low salary package and long shift hours

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  • Promotions - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 14 Jul 2023

1.0
 for  Salary and Benefits

Likes

Nothing special to say well for EXL Services.

Dislikes

No Given good aapraisal and promotion. Very bad experience I face in EXL Services. The salary package in which I joined as a fresher in EXL Services. after completing 4 years in EXL hardly 25 to 30 thousands rupees increased in my salary package.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Consulting Department

4.0
  •  posted on 13 Oct 2022

3.0
 for  Salary and Benefits

Likes

Working environment and company culture is excellent. Just Do your work efficiently and you don't have a problem. In my team, there is no overtime, only if you are managing your task well.

read more
  • Job security - Excellent
  • +3 more

Dislikes

The Appraisal and Promotion is a problem in EXL. The incentive is there to soothe you, however the salary is still average. You can say the work load is according to the salary.

read more
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EXL Service Underwriter Salary FAQs

What is the salary of Underwriter at EXL Service?
Underwriter salary at EXL Service in India ranges between ₹2.0 Lakhs to ₹6.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 25% less than the average Underwriter Salary in India. Salary estimates are based on 31 latest salaries received from various employees of EXL Service India.
How does the salary of a Underwriter at EXL Service India compare with the average salary range for this job?
The average salary of a Underwriter at EXL Service is 25% less than the average salary of a Underwriter in India. To know exact salary insights, login to view.
What are the top skills required to work as a Underwriter at EXL Service?
Underwriting, Insurance Underwriting, General Insurance, Motor Insurance and Marine Insurance are some of the popular skills required to work as a Underwriter at EXL Service India.
Which similar companies are paying more than EXL Service 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 Service in India?
  • Genpact Underwriter Salary - ₹2.2 Lakhs to ₹6.0 Lakhs per year
  • Wipro Underwriter Salary - ₹1.8 Lakhs to ₹6.0 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 Service in India?
The estimated take-home salary of a Underwriter at EXL Service ranges between ₹29,608 per month to ₹30,928 per month in India. The take-home salary calculation is based on the average EXL Service Underwriter salary in India which ranges between ₹2.0 Lakhs to ₹6.0 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 Service?
According to AmbitionBox, 73% of the EXL Service Underwriters reported a notice period of 1 Month, 27% reported a notice period of 2 Months.This is based on 15 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

EXL Service Underwriter salary in India ranges between ₹2 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 EXL Service latest salaries received from various employees of EXL Service.