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Mphasis Senior Underwriter salaries in India (Updated 2025)

Annual salary range
4 - 11 years exp.
₹4.2 Lakhs - ₹9.6 Lakhs
Salary of majority employees
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At par with the average Senior Underwriter Salary in IT Services & Consulting Companies for 4 - 11 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Customer Success, Service & Operations
Senior Underwriter Salary
4 - 11 years exp. (11 salaries)
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₹6 L/yr - ₹8.2 L/yr

BFSI, Investments & Trading
Senior Underwriter Salary
5 - 9 years exp. (8 salaries)
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₹5.5 L/yr - ₹9.5 L/yr

Finance & Accounting
Senior Underwriter Salary
4 - 8 years exp. (6 salaries)
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₹4.9 L/yr - ₹9.6 L/yr

Quality Assurance
Senior Underwriter Salary
4 - 7 years exp. (3 salaries)
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₹4.2 L/yr - ₹7.1 L/yr

Risk Management & Compliance
Senior Underwriter Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹9.5 L/yr

Last Updated: 19 Jan 2025

Companies similar to Mphasis for Senior Underwriter

Company name Avg Annual Salary Open Jobs
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TCS Senior Underwriter Salary

4 - 9 years exp. (13 salaries)

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₹4.1 L/yr - ₹6 L/yr

arrow icon 31% less
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Wipro Senior Underwriter Salary

3 - 8 years exp. (135 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 6% less
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Coforge Senior Underwriter Salary

3 - 7 years exp. (10 salaries)

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₹4.8 L/yr - ₹9 L/yr

arrow icon 7% less
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₹3.8 L/yr - ₹4.5 L/yr

arrow icon 42% less
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SitusAMC Senior Underwriter Salary

6 - 15 years exp. (135 salaries)

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₹5 L/yr - ₹15 L/yr

arrow icon 32% more
Senior Underwriter salary at Mphasis ranges between ₹4.2 Lakhs to ₹9.6 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 31 latest salaries received from various employees of Mphasis.

Latest annual salaries shared by Mphasis Senior Underwriter

3w ago
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11 years exp.
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7 years exp.
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5 years exp.
2mo ago
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7 years exp.
2mo ago
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5 years exp.
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4 years exp.
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4 years exp.
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9 years exp.
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8 years exp.
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10 years exp.

Experience wise Mphasis Senior Underwriter salaries

Last Updated: 19 Jan 2025

Experience Avg Annual Salary
4 years  (4 salaries)

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₹4.2 L/yr - ₹12.5 L/yr
5 years  (5 salaries)

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₹4.9 L/yr - ₹8.2 L/yr
6 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹9 L/yr
7 years  (8 salaries)

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₹4.2 L/yr - ₹9.6 L/yr
8 years  (5 salaries)

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₹5.5 L/yr - ₹9.6 L/yr
View all

Similar Designation salaries in Mphasis

Senior Associate Salary
(419 salaries)
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₹1.85 L/yr - ₹7 L/yr
Senior Analyst Salary
(323 salaries)
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₹3.6 L/yr - ₹14.67 L/yr
Content Moderator Salary
(AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.9 L/yr
Team Manager Salary
(32 salaries)
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₹5.35 L/yr - ₹20.3 L/yr
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₹2.05 L/yr - ₹5.5 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹25.7 L/yr - ₹32.8 L/yr
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₹6 L/yr - ₹21.1 L/yr
Quality Analyst Salary
(275 salaries)
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₹2.1 L/yr - ₹7.56 L/yr
Team Lead Salary
(379 salaries)
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₹5.35 L/yr - ₹23 L/yr
Process Developer Salary
(AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr

Top skills at Mphasis for Senior Underwriter

Tax Returns Underwriting Customer Service Data Entry Customer Service Banking Tax Returns Written Communication Communication Skills Taxation Software Configuration Management Loans mortgage US Mortgage Data Analytics
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Salary related reviews for Mphasis

4.0

Rated by 3 employees for salary & benefits

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

read more
  • 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

read more
  • Promotions - Bad

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 05 May 2023

3.0
 for  Salary and Benefits

Likes

To be frank I'm just ok with their package as compared to other companies but still there is no additional benefits like night shift allowance or bonus.

read more
  • Job security - Good

Dislikes

As a customer chat agent it's really challenging task to work almost 7:45 hours constantly on 3 concerency which will break down our mental health and cause stress and also shif part they will continuously changes according to their need they will not even ask agents that they are comfortable or not and also there will be a huge difference in shifts life one month day shift and next month will be night shift which will cause for health, sleep and peace. If you are looking for peaceful work I would recommend every one to not choose customer support domain in Mphasis.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 10 Apr 2023

1.0
 for  Salary and Benefits

Likes

Nothing to say about Mphasis not much

Dislikes

...t of Rd. Manager's partiality is very high . Reallocation every time from Pune . From same employee they don't ask and joining is included in every month pay slips. No shift allowance for working in night shift as well. just for even less pay to get experience we can work here. My recommendation to avoid. I don't know about others job role but. They paid from client. But they don't give any benefit. Pf is very low they deposit very less.

read more
  • Salary - Bad
  • +4 more

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.

read more
  • 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.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 17 Dec 2024

1.0
 for  Salary and Benefits

Likes

There’s nothing to like

Dislikes

I was offered a package of 6.7lpa at the time of salary discussion, with the understanding/assurance that after all the deductions I would be getting 47k inhand. When I received my offer letter my package is 5.7lpa, I spoke to them about the same and they said this is the best we can offer. Why did you guys wasted my time if you can’t afford to pay? I would suggest everyone not to work with this organisation.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Mphasis Senior Underwriter Salary FAQs

What is the salary of Senior Underwriter at Mphasis?
Senior Underwriter salary at Mphasis in India ranges between ₹4.2 Lakhs to ₹9.6 Lakhs for experience between 4 years to 11 years. According to our estimates it is 2% less than the average Senior Underwriter Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Mphasis India.
How does the salary of a Senior Underwriter at Mphasis India compare with the average salary range for this job?
The average salary of a Senior Underwriter at Mphasis is 2% less than the average salary of a Senior Underwriter in India. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Underwriter at Mphasis?
Tax Returns, Underwriting, Customer Service, Data Entry and Customer Service are some of the popular skills required to work as a Senior Underwriter at Mphasis India.
Which similar companies are paying more than Mphasis to a Senior Underwriter in India?
  • SitusAMC Senior Underwriter Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Senior Underwriter in companies similar to Mphasis in India?
  • Wipro Senior Underwriter Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
  • Coforge Senior Underwriter Salary - ₹4.8 Lakhs to ₹9.0 Lakhs per year
  • TCS Senior Underwriter Salary - ₹4.1 Lakhs to ₹6.0 Lakhs per year
  • Sutherland Global Services Senior Underwriter Salary - ₹3.8 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Senior Underwriter at Mphasis in India?
The estimated take-home salary of a Senior Underwriter at Mphasis ranges between ₹54,996 per month to ₹56,371 per month in India. The take-home salary calculation is based on the average Mphasis Senior Underwriter salary in India which ranges between ₹4.2 Lakhs to ₹9.6 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Senior Underwriter at Mphasis?
According to AmbitionBox, 82% of the Mphasis Senior Underwriters reported a notice period of 2 Months, 18% reported a notice period of 1 Month.This is based on 17 responses on AmbitionBox in last 2 years.

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Mphasis Senior Underwriter salary in India ranges between ₹4.2 Lakhs to ₹9.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 Mphasis latest salaries received from various employees of Mphasis.