Mphasis Pune Associate Underwriter Salaries by 10 Employees

0 - 5 years exp.

₹3.4 Lakhs - ₹3.6 Lakhs

Salary of majority employees

Fixed (100%)

₹3.4 Lakhs

Variable (0%)

₹0.0

9% 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
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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: 28 Oct 2023

Companies similar to Mphasis for Associate Underwriter in Pune

Mphasis Associate Underwriter Salary

0 - 5 years exp. (10 salaries)

₹3.4 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
EXL Service Associate Underwriter Salary 5 - 8 years exp. (4 salaries)	₹4.7 L/yr - ₹5.4 L/yr 50% more

Associate Underwriter salary at Mphasis ranges between ₹3.4 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 10 latest salaries received from various employees of Mphasis.

Experience wise Mphasis Associate Underwriter salaries in Pune

Last Updated: 28 Oct 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
1 year (5 salaries)	₹3.4 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr

View all

Similar Designation salaries in Mphasis

Financial Analyst Salary

(70 salaries)

₹1.8 L/yr - ₹5.5 L/yr

Finance Executive Salary

(8 salaries)

₹1.55 L/yr - ₹4.3 L/yr

Associate Analyst Salary

(4 salaries)

₹3.75 L/yr - ₹5 L/yr

Salary related reviews for Mphasis

4.5

Rated by 2 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

Skill development - Excellent

+2 more

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

Promotions - Bad

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.

Salary - Bad

+6 more

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.

Job security - Good

+1 more

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.

Skill development - Bad

+2 more

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.

Job security - Good

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.

Salary - Bad

+4 more

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.

Salary - Good

+6 more

Dislikes

Salary is decent but career growth is slow.

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What people are saying about Mphasis

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a development consultant

1w (edited)

Harman VS Deloitte VS MPhasis

Which company should I join as QA having 5.5 yrs of exp?

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Mphasis Associate Underwriter Salary FAQs

What is the salary of Associate Underwriter at Mphasis in Pune?

The average salary of a Associate Underwriter at Mphasis in Pune typically ranges from ₹3.4 Lakhs to ₹3.6 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Associate Underwriter in Pune at Mphasis earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Associate Underwriter Salaries at Mphasis 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 Mphasis employees in India.

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

The estimated take-home salary of a Associate Underwriter at Mphasis in Pune typically ranges from ₹24,759 to ₹26,201 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from Fresher to 5 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 Mphasis. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mphasis for Associate Underwriter in India?

EXL Service

₹4.7 Lakhs to ₹5.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mphasis, depending on the role and experience level.

How the salary growth look like for a Associate Underwriter at Mphasis in Pune?

The salary growth for a Associate Underwriter at Mphasis in Pune depends on factors such as experience, performance, and promotions. On average, a Associate Underwriter in Pune can expect the following growth trajectory at Mphasis:

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹3.8 Lakhs per year
1 year	₹3.4 Lakhs to ₹3.5 Lakhs per year
2 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
3 years	₹3.1 Lakhs to ₹3.9 Lakhs per year

and so on.

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Mphasis Associate Underwriter Salaries in Pune

Mphasis Associate Underwriter salary in Pune ranges between ₹3.4 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Mphasis latest salaries received from various employees of Mphasis.