Mr Cooper Underwriter Salaries by 5 Employees (Updated 2024)

0 - 11 years exp.

₹2.5 Lakhs - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Underwriter Salary in Financial Services Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriter Salary 11 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr
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Finance & Accounting Underwriter Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 28 Oct 2024

Companies similar to Mr Cooper for Underwriter

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Underwriter Salary 1 - 9 years exp. (26 salaries)	₹1.3 L/yr - ₹7.7 L/yr 33% less
ICICI Bank Underwriter Salary 1 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹9.6 L/yr 7% less
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Axis Bank Underwriter Salary 2 - 5 years exp. (5 salaries)	₹3.8 L/yr - ₹6.3 L/yr 13% less
Bajaj Finance Underwriter Salary 4 - 8 years exp. (6 salaries)	₹4 L/yr - ₹7.9 L/yr 7% less
PNB Housing Finance Underwriter Salary 0 - 1 year exp. (5 salaries)	₹4 L/yr - ₹6.5 L/yr 3% more
Kotak Mahindra Bank Underwriter Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.7 L/yr 37% less
Ocwen Financial Solutions Underwriter Salary 2 - 11 years exp. (15 salaries)	₹2 L/yr - ₹7.1 L/yr 8% less
Better.com Underwriter Salary 1 - 7 years exp. (14 salaries)	₹6 L/yr - ₹9 L/yr 36% more

Underwriter salary at Mr Cooper ranges between ₹2.5 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Mr Cooper.

Experience wise Mr Cooper Underwriter salaries

Last Updated: 28 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.9 L/yr
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹6.6 L/yr
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2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹6.5 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
6 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹7.5 L/yr

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Salary related reviews for Mr Cooper

3.0

Rated by 1 employees for salary & benefits

Process Associate in Bangalore / Bengaluru

Full Time

Other Department

2.0

• posted on 26 May 2024

1.0

for Salary and Benefits

Likes

My colleague Where very supportive.

Dislikes

No work life balances. Company is operating in Bangalore but is not paying the basic pay as per Karnataka state government. The basic pay in me cooper is somewhere around ₹10800. Although it’s operating in Karnataka company management no where follow Kannada.

Senior Process Associate in Chennai

Customer Success, Service & Operations Department

5.0

• posted on 23 Apr 2022

4.0

for Salary and Benefits

Likes

Mr.Cooper is the best in all aspects.. There is zero work pressure, great work life balance, good and safe environment...

Dislikes

The starting salary for a fresher at mr.cooper is very low but once you're recognized for your work and if u are a good team player with consistency and dedication towards your work..then no need to worry.. then u can achieve great heights in mr.cooper.

Process Associate Level 1 in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 Jun 2024

1.0

for Salary and Benefits

Likes

Cab Facility Safe environment for women to work

Dislikes

Salary is very less. You are not allowed to have your mobile phone with you, you have to keep your personal belongings in a locker. Shift timing is 6PM to 2AM - this will ruin your health, I lost a lot of weight from loss of appetite. Some team leads are not professional, they force you to participate in team outings, spend money on unnecessary internal fun at work events. If you say that with such low salary you cannot spend so much for these events, the team leads will not understand your perspective, they will instead badmouth about you with their favorite associates and make you look like the bad person.

Software Engineer in Chennai

Engineering - Software & QA Department

5.0

• posted on 01 Mar 2022

3.0

for Salary and Benefits

Likes

Supportive Culture, Great Scope of learning, Senior Management is good, Popular Tech Stack, Highly recommended for the freshers to start the first job. For Experienced, it depends on the project.

Dislikes

The compensation Part does not have market standards, We need to work some times lot but only appreciation in words not in the salary part.

Software Engineer in Chennai

Engineering - Software & QA Department

4.0

• posted on 08 Oct 2021

2.0

for Salary and Benefits

Likes

The culture of the company is really good and there is scope for growth for new developers.

Dislikes

The work-life balance was not good but that also depends on the team you are in besides the compensation and benefits are below average as compared to market standards.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mr Cooper Underwriter Salary FAQs

What is the salary of Underwriter at Mr Cooper?

Underwriter salary at Mr Cooper in India ranges between ₹2.5 Lakhs to ₹7.5 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 4% more than the average Underwriter Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mr Cooper India.

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

The average salary of a Underwriter at Mr Cooper is 4% more than the average salary of a Underwriter in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mr Cooper to a Underwriter in India?

Better.com Underwriter Salary - ₹6.0 Lakhs to ₹9.0 Lakhs per year
PNB Housing Finance Underwriter Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year

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

ICICI Bank Underwriter Salary - ₹2.3 Lakhs to ₹9.6 Lakhs per year
Bajaj Finance Underwriter Salary - ₹4.0 Lakhs to ₹7.9 Lakhs per year
Ocwen Financial Solutions Underwriter Salary - ₹2.0 Lakhs to ₹7.1 Lakhs per year
Axis Bank Underwriter Salary - ₹3.8 Lakhs to ₹6.3 Lakhs per year
HDFC Bank Underwriter Salary - ₹1.3 Lakhs to ₹7.7 Lakhs per year

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

The estimated take-home salary of a Underwriter at Mr Cooper ranges between ₹41,537 per month to ₹42,679 per month in India. The take-home salary calculation is based on the average Mr Cooper Underwriter salary in India which ranges between ₹2.5 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at Mr Cooper?

According to AmbitionBox, 83% of the Mr Cooper Underwriters reported a notice period of 2 Months, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Mr Cooper Underwriter Salaries

Mr Cooper Underwriter salary in India ranges between ₹2.5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mr Cooper latest salaries received from various employees of Mr Cooper.