Mphasis Associate Underwriter Salaries by 10+ Employees (Updated 2025)

0 - 5 years exp.

₹3.3 Lakhs - ₹3.6 Lakhs

Salary of majority employees

32% less than the average Associate Underwriter Salary in IT Services & Consulting Companies for 0 - 5 years of experience

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Salaries in different departments

Finance & Accounting Associate Underwriter Salary 1 - 5 years exp. (8 salaries)	₹3.4 L/yr - ₹3.6 L/yr
BFSI, Investments & Trading Associate Underwriter Salary 1 - 3 years exp. (3 salaries)	₹3.3 L/yr - ₹3.4 L/yr
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Risk Management & Compliance Associate Underwriter Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.5 L/yr

Last Updated: 20 Jun 2024

Companies similar to Mphasis for Associate Underwriter

Company name	Avg Annual Salary	Open Jobs
HDFC Life Associate Underwriter Salary 1 - 5 years exp. (11 salaries)	₹1.6 L/yr - ₹2.6 L/yr 36% less
Atradius Associate Underwriter Salary 2 - 8 years exp. (7 salaries)	₹8 L/yr - ₹11 L/yr 175% more
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Biz 2 Credit Info Services Associate Underwriter Salary 2 - 6 years exp. (5 salaries)	₹8 L/yr - ₹9.3 L/yr 151% more
Atradius India Credit Management Services Associate Underwriter Salary 3 - 11 years exp. (5 salaries)	₹9 L/yr - ₹11 L/yr 196% more
ICICI Prudential Life Insurance Associate Underwriter Salary 2 - 4 years exp. (4 salaries)	₹3 L/yr - ₹3.7 L/yr 3% less

Associate Underwriter salary at Mphasis ranges between ₹3.3 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 18 latest salaries received from various employees of Mphasis.

Experience wise Mphasis Associate Underwriter salaries

Last Updated: 20 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.4 L/yr
1 year (10 salaries)	₹3.3 L/yr - ₹3.5 L/yr
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2 years (3 salaries)	₹3.3 L/yr - ₹6.1 L/yr
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr

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Salary related reviews for Mphasis

5.0

Rated by 1 employees for salary & benefits

Senior Analyst in Pune

Full Time

Risk Management & Compliance Department

3.0

• posted on 10 Sep 2023

3.0

for Salary and Benefits

Likes

Flexible working hours, Skill development internal platforms or training tools, Self awareness sessions organised by HRBPs

Dislikes

1. No Salary increment from last 4 years in any department, 2. Multiple manager hierarchy, 3. Unnecessary internal PF process, 4. Benefits like Internet bill reimbursement are only on paper, 5. Rude hiring HRs (Negotiate as higher as possible while joining only, because once you join in- you'll not get anything) 6. Unskilled managers or management (not all but some), 7. Appreciations happen only on email, the rewards system (money based) stopped from Q1 2023, you'll get certificates to post on social media/LinkedIn 😁 8. Quarterly bonus will be received only if "whole team" performs better & if your client is 100% happy. Else, forget it. (It doesn't matter how smart/hard you worked

Financial Analyst in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Jun 2023

1.0

for Salary and Benefits

Likes

There is no good things about company

Dislikes

I had been working with mphasis from 2.5 year since I joined I siding get any benifits apart from salary and management as worst TL’s (Geethamma SH, SriRanjini,Saravanan) are behave like managers and they won’t let employees to work peacefully. HR (Ashwini david) also worst like anything she won’t bother about employees concern. Overall not at all good experience.

Business Analyst in Pune

Full Time

Data Science & Analytics Department

1.0

• posted on 01 Sep 2022

3.0

for Salary and Benefits

Likes

Work life balance while working in HP account.

Dislikes

...imation from HR about it although appraisal rating process completed in time. 3. Decided not to pay the quarterly variable pay without informing the reason.

Process Associate in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 05 Jun 2022

1.0

for Salary and Benefits

Likes

Culture in the company is good and they have multiple business LOB's and if you are lucky you can be moved to another business through other programs.

Dislikes

...ssue perks like other companies. No night shift allowance and no food allowance. Cab available however a certain amount will be deducted from your salary every month.

Process Associate in Pune

Full Time

Finance & Accounting Department

4.0

• posted on 19 May 2022

4.0

for Salary and Benefits

Likes

...t & culture . Team leader also very supportive. & The management is transparent. Company policies are good , the give good salary hike & appraisal every year.

Dislikes

Salary is decent but career growth is slow.

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Mphasis Associate Underwriter Salary FAQs

What is the salary of Associate Underwriter at Mphasis?

Associate Underwriter salary at Mphasis in India ranges between ₹3.3 Lakhs to ₹3.6 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 32% less than the average Associate Underwriter Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Mphasis India.

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

The average salary of a Associate Underwriter at Mphasis is 32% less than the average salary of a Associate Underwriter in India. To know exact salary insights, login to view.

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

Atradius India Credit Management Services Associate Underwriter Salary - ₹9.0 Lakhs to ₹11.0 Lakhs per year
Atradius Associate Underwriter Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
Biz 2 Credit Info Services Associate Underwriter Salary - ₹8.0 Lakhs to ₹9.3 Lakhs per year

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

ICICI Prudential Life Insurance Associate Underwriter Salary - ₹3.0 Lakhs to ₹3.7 Lakhs per year
HDFC Life Associate Underwriter Salary - ₹1.6 Lakhs to ₹2.6 Lakhs per year

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

The estimated take-home salary of a Associate Underwriter at Mphasis ranges between ₹24,706 per month to ₹26,149 per month in India. The take-home salary calculation is based on the average Mphasis Associate Underwriter salary in India which ranges between ₹3.3 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Associate Underwriter at Mphasis?

According to AmbitionBox, 75% of the Mphasis Associate Underwriters reported a notice period of 2 Months, 25% reported a notice period of 15 days or less.This is based on 8 responses on AmbitionBox in last 2 years.

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Mphasis Associate Underwriter Salaries

Mphasis Associate Underwriter salary in India ranges between ₹3.3 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Mphasis latest salaries received from various employees of Mphasis.