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Firstsource Solutions Senior Underwriter salaries in Mumbai

Annual salary range
3 - 10 years exp.
₹4.5 Lakhs - ₹12 Lakhs
Salary of majority employees
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9% less than the average Senior Underwriter Salary in BPO Companies for 3 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Senior Underwriter Salary
3 - 10 years exp. (8 salaries)
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₹5 L/yr - ₹12 L/yr

BFSI, Investments & Trading
Senior Underwriter Salary
5 - 9 years exp. (6 salaries)
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₹6.5 L/yr - ₹10.8 L/yr

Finance & Accounting
Senior Underwriter Salary
6 - 8 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹7 L/yr

Quality Assurance
Senior Underwriter Salary
6 years exp. (AmbitionBox Estimate)
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₹6.1 L/yr - ₹8.8 L/yr

Last Updated: 24 May 2024

Companies similar to Firstsource Solutions for Senior Underwriter in Mumbai

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Firstsource Solutions Senior Underwriter Salary

3 - 10 years exp. (17 salaries)

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₹4.5 L/yr - ₹12 L/yr

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

6 - 15 years exp. (21 salaries)

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₹5 L/yr - ₹14 L/yr

arrow icon 34% more
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₹4.6 L/yr - ₹13 L/yr

arrow icon 30% more
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Altisource Senior Underwriter Salary

7 - 12 years exp. (6 salaries)

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₹6.2 L/yr - ₹11.2 L/yr

arrow icon 20% more
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₹4.7 L/yr - ₹7.2 L/yr

arrow icon 7% less
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Mphasis Senior Underwriter Salary

7 - 10 years exp. (4 salaries)

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₹7.6 L/yr - ₹9.5 L/yr

arrow icon 9% more
1 job opening
Senior Underwriter salary at Firstsource Solutions ranges between ₹4.5 Lakhs to ₹12 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 17 latest salaries received from various employees of Firstsource Solutions.

Latest annual salaries shared by Firstsource Solutions Senior Underwriter in Mumbai

10mo ago
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8 years exp.
1y ago
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7 years exp.

Experience wise Firstsource Solutions Senior Underwriter salaries in Mumbai

Last Updated: 24 May 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.7 L/yr
4 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
5 years  (3 salaries)

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₹5 L/yr - ₹8.5 L/yr
6 years  (3 salaries)

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₹4.5 L/yr - ₹8.8 L/yr
7 years  (3 salaries)

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₹3 L/yr - ₹9 L/yr
View all

Similar Designation salaries in Firstsource Solutions

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₹1 L/yr - ₹7 L/yr
Team Lead Salary
(79 salaries)
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₹2.05 L/yr - ₹10 L/yr
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₹9.5 L/yr - ₹22.1 L/yr
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₹2.55 L/yr - ₹6 L/yr
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₹2 L/yr - ₹4.5 L/yr
Team Manager Salary
(3 salaries)
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₹4.71 L/yr - ₹14 L/yr

Top skills at Firstsource Solutions for Senior Underwriter

Underwriting Credit Underwriting US Mortgage Credit Analysis

Salary related reviews for Firstsource Solutions

3.3

Rated by 6 employees for salary & benefits

Full Time

 · 

Other Department

3.0
  •  posted on 24 Jan 2025

4.0
 for  Salary and Benefits

Likes

Salary is good

  • Salary - Good

Dislikes

People from operations especially trainers are not cooperating with QA and supporting all the users regardless of the incorrectly worked accounts. Also the company has terminated me in BGV and it was not my decision to quit the company. Also the company has terminated a lot of people like me even after insisting them not to do so.

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 24 Jan 2025

1.0
 for  Salary and Benefits

Likes

Just the recruitment Team is good helping the candidate to get hired.

Dislikes

...ring 3 rounds of interview I was told I was not selected but without any reason. Ops manager just wrote rejected on a paper and the recruitment team is like did you discuss package or you might have over experience for this position. There is no clear communication on what's the main reason for not hiring. Even after clearing every round of interview.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

There isn't much.

Dislikes

Unless you get into sky process, please don't opt unless you're a fresher. Firstly the pay is less than market value and they will keep changing your process as per their requirements. While the changes they do not consider any incentives amount and pay you less than the previous process! Too much politics in a few processes, how hard you work doesn't make any difference.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 04 Dec 2024

1.0
 for  Salary and Benefits

Likes

The worst company ever worked with no growth no salary

Dislikes

No proper environment behaviour the senior are doing arguments with the employees lots of politics inside backbiching taking employees as granted by seniors and the hrs

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  • Salary - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 24 Sep 2023

2.0
 for  Salary and Benefits

Likes

There are job secure but salary noo way..

  • Job security - Good

Dislikes

...n't like management.. manager are poor all they don't know how to managed work.. I don't don't know how to they have pay very less salary and growth and increment very slow.. manager are very poor... do anything but without politics you can go away ..manager bhi apni wife ko dal rahe Hain ab toh😆😆. This is all politics

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  • Salary - Poor
  • +4 more
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Firstsource Solutions Senior Underwriter Salary FAQs

What is the salary of Senior Underwriter at Firstsource Solutions in Mumbai?
The average salary of a Senior Underwriter at Firstsource Solutions in Mumbai typically ranges from ₹4.5 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Senior Underwriter in Mumbai at Firstsource Solutions earn more than ₹11.4 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Senior Underwriter Salaries at Firstsource Solutions 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+ Firstsource Solutions employees in India.
What is the estimated take home salary of a Senior Underwriter at Firstsource Solutions in Mumbai?
The estimated take-home salary of a Senior Underwriter at Firstsource Solutions in Mumbai typically ranges from ₹54,522 to ₹55,884 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 3 years to 10 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 Firstsource Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Senior Underwriter at Firstsource Solutions in Mumbai?
To be a Senior Underwriter at Firstsource Solutions in Mumbai, the key skills required include:

  • - Underwriting
  • - Credit Underwriting
  • - US Mortgage
  • - Credit Analysis

These skills are highly valued at Firstsource Solutions and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Firstsource Solutions for Senior Underwriter in India?
SitusAMC ₹5.0 Lakhs to ₹14.0 Lakhs per year
VERITY GLOBAL SOLUTIONS ₹4.6 Lakhs to ₹13.0 Lakhs per year
Altisource ₹6.2 Lakhs to ₹11.2 Lakhs per year
Mphasis ₹7.6 Lakhs to ₹9.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Firstsource Solutions, depending on the role and experience level.
What is the salary of a Senior Underwriter in companies similar to Firstsource Solutions in Mumbai?
The salary of a Senior Underwriter at companies similar to Firstsource Solutions in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ocwen Financial Solutions ₹4.7 Lakhs to ₹7.2 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 Senior Underwriter at Firstsource Solutions in Mumbai?
The salary growth for a Senior Underwriter at Firstsource Solutions in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Underwriter in Mumbai can expect the following growth trajectory at Firstsource Solutions:

Experience Average Salary Range
3 years ₹5.2 Lakhs to ₹6.7 Lakhs per year
4 years ₹5.6 Lakhs to ₹7.2 Lakhs per year
5 years ₹5.0 Lakhs to ₹8.5 Lakhs per year
6 years ₹4.5 Lakhs to ₹8.8 Lakhs per year
and so on.

Tell us how to improve this page.

Firstsource Solutions Senior Underwriter salary in Mumbai ranges between ₹4.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Firstsource Solutions latest salaries received from various employees of Firstsource Solutions.