Mphasis Underwriter Salaries by 80+ Employees (Updated 2025)

2 - 11 years exp.

₹2.1 Lakhs - ₹9 Lakhs

Salary of majority employees

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11% more than the average Underwriter Salary in IT Services & Consulting Companies for 2 - 11 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Customer Success, Service & Operations Underwriter Salary 2 - 11 years exp. (29 salaries)	Unlock ₹2.1 L/yr - ₹7 L/yr
BFSI, Investments & Trading Underwriter Salary 3 - 9 years exp. (16 salaries)	Unlock ₹3 L/yr - ₹9 L/yr
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Finance & Accounting Underwriter Salary 2 - 9 years exp. (11 salaries)	Unlock ₹3.3 L/yr - ₹8 L/yr
Data Science & Analytics Underwriter Salary 5 - 6 years exp. (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹7.6 L/yr
Engineering - Hardware & Networks Underwriter Salary 2 - 3 years exp. (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹7.2 L/yr

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Last Updated: 20 Feb 2025

Companies similar to Mphasis for Underwriter

Company name	Avg Annual Salary	Open Jobs
TCS Underwriter Salary 1 - 7 years exp. (32 salaries)	Unlock ₹1.8 L/yr - ₹7.5 L/yr 40% less
Infosys Underwriter Salary 2 - 5 years exp. (6 salaries)	Unlock ₹3.9 L/yr - ₹4.5 L/yr 28% less
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Wipro Underwriter Salary 1 - 6 years exp. (23 salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 38% less
HCLTech Underwriter Salary 4 - 10 years exp. (5 salaries)	Unlock ₹3.1 L/yr - ₹5.8 L/yr 27% less
Capgemini Underwriter Salary 3 - 10 years exp. (4 salaries)	Unlock ₹3.5 L/yr - ₹4.8 L/yr 30% less
Accenture Underwriter Salary 0 - 4 years exp. (64 salaries)	Unlock ₹1.5 L/yr - ₹5.5 L/yr 44% less
Cognizant Underwriter Salary 2 - 5 years exp. (7 salaries)	Unlock ₹3.4 L/yr - ₹8.5 L/yr 12% less
Genpact Underwriter Salary 1 - 6 years exp. (42 salaries)	Unlock ₹2.5 L/yr - ₹6.4 L/yr 33% less	1 job opening
Coforge Underwriter Salary 2 - 5 years exp. (8 salaries)	Unlock ₹2.5 L/yr - ₹4.6 L/yr 40% less
Sutherland Global Services Underwriter Salary 3 - 5 years exp. (5 salaries)	Unlock ₹2.4 L/yr - ₹3.6 L/yr 45% less

Underwriter salary at Mphasis ranges between ₹2.1 Lakhs to ₹9 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 83 latest salaries received from various employees of Mphasis.

Latest annual salaries shared by Mphasis Underwriter

2w ago

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7 years exp.

2w ago

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7 years exp.

2w ago

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5 years exp.

3w ago

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8 years exp.

1mo ago

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9 years exp.

1mo ago

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4 years exp.

1mo ago

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5 years exp.

1mo ago

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4 years exp.

2mo ago

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3 years exp.

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5 years exp.

Experience wise Mphasis Underwriter salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
2 years (9 salaries)	Unlock ₹2 L/yr - ₹4.7 L/yr
3 years (18 salaries)	Unlock ₹3 L/yr - ₹6.2 L/yr
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4 years (6 salaries)	Unlock ₹3.8 L/yr - ₹6 L/yr
5 years (13 salaries)	Unlock ₹3.9 L/yr - ₹7.5 L/yr
6 years (13 salaries)	Unlock ₹3.7 L/yr - ₹7 L/yr
7 years (12 salaries)	Unlock ₹4 L/yr - ₹8 L/yr
8 years (4 salaries)	Unlock ₹5 L/yr - ₹7.5 L/yr
9 years (5 salaries)	Unlock ₹2.7 L/yr - ₹9 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹6.5 L/yr - ₹12.9 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹6.5 L/yr - ₹13.6 L/yr

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Similar Designation salaries in Mphasis

Senior Underwriter Salary

(31 salaries)

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₹4.2 L/yr - ₹9.6 L/yr

Analyst Salary

(209 salaries)

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₹1.8 L/yr - ₹9.38 L/yr

Mortgage Underwriter Salary

(117 salaries)

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₹1.8 L/yr - ₹8.15 L/yr

Team Lead Salary

(359 salaries)

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₹5.3 L/yr - ₹23 L/yr

Underwriting Analyst Salary

(3 salaries)

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₹4.2 L/yr - ₹6 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr

Senior Associate Salary

(434 salaries)

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₹2 L/yr - ₹7 L/yr

Senior Analyst Salary

(323 salaries)

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₹3.6 L/yr - ₹14.67 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

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₹25.7 L/yr - ₹32.8 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

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₹8.8 L/yr - ₹11.3 L/yr

Top skills at Mphasis for Underwriter

Underwriting US Mortgage Customer Service Data Entry Tax Returns US Mortgage Taxation Team Leading Communication Skills Medical Underwriting Mortgage Underwriting mortgage Written Communication Banking Customer Service

Salary related reviews for Mphasis

4.4

Rated by 12 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

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.

Senior Associate in Pune

Full Time

Procurement & Supply Chain Department

5.0

• posted on 18 Dec 2020

5.0

for Salary and Benefits

Likes

For the early phase company provided additional amount as Hardship allowances in the salary which really helped me to do some food donations and other things. I worked more than working hours to meet my goals and then have donated other remaining money to needy people.

Salary - Excellent

+6 more

Dislikes

There is nothing to dislike. Everytime I entered I felt secure.

Analyst in Bangalore / Bengaluru

Corporate Support, Finance. Department

2.0

• posted on 27 Aug 2022

1.0

for Salary and Benefits

Likes

No. Salary pacakage is too low for the Corporate support Finance. Not provinding any hikes. Promotions are not provided timely even though the employees are putting their best efforts.

Job security - Good

+1 more

Dislikes

Salary and career growth.

Salary - Bad

+2 more

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Mphasis Underwriter Salary FAQs

What is the salary of Underwriter at Mphasis?

Underwriter salary at Mphasis in India ranges between ₹2.1 Lakhs to ₹9.0 Lakhs for experience between 2 years to 11 years. According to our estimates it is 11% more than the average Underwriter Salary in India. Salary estimates are based on 83 latest salaries received from various employees of Mphasis India.

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

The average salary of a Underwriter at Mphasis is 11% more 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 Mphasis?

Underwriting, US Mortgage, Customer Service, Data Entry and Tax Returns are some of the popular skills required to work as a Underwriter at Mphasis India.

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

Cognizant Underwriter Salary - ₹3.4 Lakhs to ₹8.5 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
Genpact Underwriter Salary - ₹2.5 Lakhs to ₹6.4 Lakhs per year

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

The estimated take-home salary of a Underwriter at Mphasis ranges between ₹45,267 per month to ₹46,353 per month in India. The take-home salary calculation is based on the average Mphasis Underwriter salary in India which ranges between ₹2.1 Lakhs to ₹9.0 Lakhs per year for employees with experience between 2 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at Mphasis?

According to AmbitionBox, 64% of the Mphasis Underwriters reported a notice period of 2 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 61 responses on AmbitionBox in last 2 years.

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Mphasis Underwriter salary in India ranges between ₹2.1 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 83 Mphasis latest salaries received from various employees of Mphasis.

Mphasis Underwriter salaries in India (Updated 2025)

Companies similar to Mphasis for Underwriter

Latest annual salaries shared by Mphasis Underwriter

Experience wise Mphasis Underwriter salaries

Similar Designation salaries in Mphasis

Top skills at Mphasis for Underwriter

Salary related reviews for Mphasis

Senior Analyst in Pune

Process Associate in Bangalore / Bengaluru

Process Associate in Pune

Senior Associate in Pune

Analyst in Bangalore / Bengaluru

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Mphasis Underwriter Salaries by Location