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NatWest Group Senior Underwriter salaries in India

Annual salary range
6 - 10 years exp.
₹4.2 Lakhs - ₹7.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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25% less than the average Senior Underwriter Salary in Banking Companies for 6 - 10 years of experience

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Salaries in different departments

Data Science & Analytics
Senior Underwriter Salary
7 - 10 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹7 L/yr

BFSI, Investments & Trading
Senior Underwriter Salary
6 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.6 L/yr

Last Updated: 5 Aug 2023

Companies similar to NatWest Group for Senior Underwriter

Company name Avg Annual Salary Open Jobs
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HSBC Group Senior Underwriter Salary

3 - 11 years exp. (3 salaries)

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₹7.5 L/yr - ₹29 L/yr

arrow icon 162% more
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Wells Fargo Senior Underwriter Salary

3 - 12 years exp. (17 salaries)

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₹5.3 L/yr - ₹22 L/yr

arrow icon 130% more
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Barclays Senior Underwriter Salary

1 - 8 years exp. (11 salaries)

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₹3.8 L/yr - ₹8 L/yr

arrow icon 6% less
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HDFC Bank Senior Underwriter Salary

11 - 17 years exp. (4 salaries)

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₹12 L/yr - ₹45 L/yr

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ANZ Banking Group Senior Underwriter Salary

8 - 13 years exp. (4 salaries)

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₹6 L/yr - ₹14 L/yr

arrow icon 68% more
Senior Underwriter salary at NatWest Group ranges between ₹4.2 Lakhs to ₹7.5 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of NatWest Group.

Latest annual salaries shared by NatWest Group Senior Underwriter

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10 years exp.
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6 years exp.
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7 years exp.

Experience wise NatWest Group Senior Underwriter salaries

Last Updated: 5 Aug 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5.1 L/yr
7 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹9.1 L/yr
8 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr
9 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
10 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7.5 L/yr

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Content Moderator Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
Team Manager Salary
(54 salaries)
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₹5.25 L/yr - ₹19.15 L/yr
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₹2.15 L/yr - ₹8.05 L/yr
Deputy Manager Salary
(7 salaries)
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₹5 L/yr - ₹8.15 L/yr
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₹6.5 L/yr - ₹18.5 L/yr
Quality Analyst Salary
(89 salaries)
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₹4.1 L/yr - ₹16.75 L/yr
Team Lead Salary
(230 salaries)
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₹4.85 L/yr - ₹17.68 L/yr
Process Developer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Salary related reviews for NatWest Group

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 27 Dec 2023

4.0
 for  Salary and Benefits

Likes

The environment is very friendly and it's very accommodating especially for women. There is good work life.

Dislikes

The pay and hike is a bit low compared to the market for certain units. And it only offers one way cab.

read more

Full Time

 · 

Project & Program Management Department

4.0
  •  posted on 25 Oct 2023

3.0
 for  Salary and Benefits

Likes

-> Pleasant work life balance -> Lots of learning opportunities -> Provides good number of leaves.

Dislikes

-> Lack of opportunity of advancement, low bonus. -> NatWest technology India is a company with strong culture of Hierarchy, which can be seen in the way teams are structured and managed. This leads to a sense of distance between managers and employees and makes it difficult for employees to feel comfortable speaking up or sharing their ideas. -> There have been reports of racist treatment from managers of southern India towards their collogues from northern India, particularly in technology teams based in Bangalore and Chennai. This creates hostile work environment. -> While HR claims to be committed to gender equality and providing opportunities for employees to speak up, whistle blowers are reported being targeted or sidelined. This shows real gap between HR policy and practice, and that employees may not feel comfortable reporting misconduct or discrimination.

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Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 12 Apr 2023

3.0
 for  Salary and Benefits

Likes

Culture in Risk team is great. Good work life balance, management looks to ensure job security to employees and take care to organise knowledge sessions centrally.

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Dislikes

Salary and benefits below or just average compared to industry standards.

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Full Time

 · 

FCO Department

4.0
  •  posted on 12 Aug 2022

1.0
 for  Salary and Benefits

Likes

natwest is a great company for freshers, you can get a lot to learn here, people are really nice and genuine, managers and PLs are also really helpful. One can expect a good time in this company. Lots of learning and training sessions. Good infrastructure.

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Dislikes

the only thing that i dislike about natwest is they pay very less. no matter how good you are they only pay the standard amount of appraisal, which is quite disheartening. Politics is there, you can't mess up with the higher management if you want to grow within the company.

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Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 10 May 2022

1.0
 for  Salary and Benefits

Likes

Nothing at all. Its the worst company to work for.

Dislikes

.... Wont pay your shift allowances and you will keep working without any benefits. They will deduct tour salary for transport. They cant provide you free transport, food. No benefits. The HR policy has gone totally against the employees and in favour of managers and higher level. So if you are a hard working person dont go there.

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NatWest Group Senior Underwriter Salary FAQs

What is the salary of Senior Underwriter at NatWest Group?
Senior Underwriter salary at NatWest Group in India ranges between ₹4.2 Lakhs to ₹7.5 Lakhs for experience between 6 years to 10 years. According to our estimates it is 25% less than the average Senior Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of NatWest Group India.
How does the salary of a Senior Underwriter at NatWest Group India compare with the average salary range for this job?
The average salary of a Senior Underwriter at NatWest Group is 25% less than the average salary of a Senior Underwriter in India. To know exact salary insights, login to view.
Which similar companies are paying more than NatWest Group to a Senior Underwriter in India?
  • HDFC Bank Senior Underwriter Salary - ₹12.0 Lakhs to ₹45.0 Lakhs per year
  • HSBC Group Senior Underwriter Salary - ₹7.5 Lakhs to ₹29.0 Lakhs per year
  • Wells Fargo Senior Underwriter Salary - ₹5.3 Lakhs to ₹22.0 Lakhs per year
  • ANZ Banking Group Senior Underwriter Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Senior Underwriter in companies similar to NatWest Group in India?
  • Barclays Senior Underwriter Salary - ₹3.8 Lakhs to ₹8.0 Lakhs per year
What is the estimated take home salary of a Senior Underwriter at NatWest Group in India?
The estimated take-home salary of a Senior Underwriter at NatWest Group ranges between ₹42,958 per month to ₹44,079 per month in India. The take-home salary calculation is based on the average NatWest Group Senior Underwriter salary in India which ranges between ₹4.2 Lakhs to ₹7.5 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Senior Underwriter at NatWest Group?
According to AmbitionBox, 100% of the NatWest Group Senior Underwriters reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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NatWest Group Senior Underwriter salary in India ranges between ₹4.2 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 NatWest Group latest salaries received from various employees of NatWest Group.