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NatWest Group Underwriter salaries in India

Annual salary range
2 - 6 years exp.
₹3.6 Lakhs - ₹5.8 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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At par with the average Underwriter Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Underwriter Salary
3 - 6 years exp. (4 salaries)
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₹4.9 L/yr - ₹5.8 L/yr

BFSI, Investments & Trading
Underwriter Salary
2 - 5 years exp. (3 salaries)
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₹3.6 L/yr - ₹5.6 L/yr

Last Updated: 3 Oct 2024

Companies similar to NatWest Group for Underwriter

Company name Avg Annual Salary Open Jobs
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HSBC Group Underwriter Salary

1 - 10 years exp. (11 salaries)

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₹2.9 L/yr - ₹11.3 L/yr

arrow icon 44% more
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JPMorgan Chase & Co. Underwriter Salary

0 - 15 years exp. (3 salaries)

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₹5 L/yr - ₹19.2 L/yr

arrow icon 111% more
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Wells Fargo Underwriter Salary

4 - 7 years exp. (5 salaries)

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₹6 L/yr - ₹11.1 L/yr

arrow icon 23% more
1 job opening
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HDFC Bank Underwriter Salary

1 - 9 years exp. (28 salaries)

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₹1.3 L/yr - ₹8.7 L/yr

arrow icon 24% less
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Barclays Underwriter Salary

3 - 12 years exp. (14 salaries)

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₹5 L/yr - ₹8 L/yr

arrow icon 22% more
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Axis Bank Underwriter Salary

2 - 5 years exp. (5 salaries)

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₹3.8 L/yr - ₹6.3 L/yr

arrow icon 8% less
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Yes Bank Underwriter Salary

2 - 6 years exp. (4 salaries)

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₹2.8 L/yr - ₹5.1 L/yr

arrow icon 29% less
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ICICI Bank Underwriter Salary

1 - 4 years exp. (4 salaries)

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₹2.3 L/yr - ₹9.6 L/yr

arrow icon 2% less
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IDFC FIRST Bank Underwriter Salary

1 - 12 years exp. (4 salaries)

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₹5.3 L/yr - ₹14 L/yr

arrow icon 56% more
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Kotak Mahindra Bank Underwriter Salary

1 - 6 years exp. (4 salaries)

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₹2 L/yr - ₹4.7 L/yr

arrow icon 34% less
Underwriter salary at NatWest Group ranges between ₹3.6 Lakhs to ₹5.8 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of NatWest Group.

Latest annual salaries shared by NatWest Group Underwriter

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Experience wise NatWest Group Underwriter salaries

Last Updated: 3 Oct 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹9.2 L/yr
3 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹5.5 L/yr

Similar Designation salaries in NatWest Group

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₹4.2 L/yr - ₹7.5 L/yr
Analyst Salary
(706 salaries)
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₹1.4 L/yr - ₹9.09 L/yr
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₹3.5 L/yr - ₹7.2 L/yr
Team Lead Salary
(229 salaries)
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₹4.84 L/yr - ₹18 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr
Credit Manager Salary
(8 salaries)
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₹11.5 L/yr - ₹22.55 L/yr
Senior Associate Salary
(246 salaries)
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₹7.55 L/yr - ₹24 L/yr
Senior Analyst Salary
(2.8k salaries)
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₹3.4 L/yr - ₹13 L/yr
Deputy Manager Salary
(7 salaries)
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₹5 L/yr - ₹8.15 L/yr
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₹12 L/yr - ₹20 L/yr

Salary related reviews for NatWest Group

4.0

Rated by 2 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.

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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

 · 

Data Science & Analytics Department

5.0
  •  posted on 02 Jul 2023

4.0
 for  Salary and Benefits

Likes

Great UK driven culture, pay is good, focus on learning, focus on futuristic things, work life experience is great.

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Dislikes

Most of leadership is based in UK which can impact managerial experience, pay can improve, increment is average (7-10%), less f;exibility to move across different departments.

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Full Time

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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.

read more
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NatWest Group Underwriter Salary FAQs

What is the salary of Underwriter at NatWest Group?
Underwriter salary at NatWest Group in India ranges between ₹3.6 Lakhs to ₹5.8 Lakhs for experience between 2 years to 6 years. According to our estimates it is 2% less than the average Underwriter Salary in India. Salary estimates are based on 7 latest salaries received from various employees of NatWest Group India.
How does the salary of a Underwriter at NatWest Group India compare with the average salary range for this job?
The average salary of a Underwriter at NatWest Group is 2% less than the average salary of a Underwriter in India. To know exact salary insights, login to view.
Which similar companies are paying more than NatWest Group to a Underwriter in India?
  • JPMorgan Chase & Co. Underwriter Salary - ₹5.0 Lakhs to ₹19.2 Lakhs per year
  • IDFC FIRST Bank Underwriter Salary - ₹5.3 Lakhs to ₹14.0 Lakhs per year
  • HSBC Group Underwriter Salary - ₹2.9 Lakhs to ₹11.3 Lakhs per year
  • Wells Fargo Underwriter Salary - ₹6.0 Lakhs to ₹11.1 Lakhs per year
  • Barclays Underwriter Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
What is the salary of a Underwriter in companies similar to NatWest Group in India?
  • ICICI Bank Underwriter Salary - ₹2.3 Lakhs to ₹9.6 Lakhs per year
  • Axis Bank Underwriter Salary - ₹3.8 Lakhs to ₹6.3 Lakhs per year
  • HDFC Bank Underwriter Salary - ₹1.3 Lakhs to ₹8.7 Lakhs per year
  • Yes Bank Underwriter Salary - ₹2.8 Lakhs to ₹5.1 Lakhs per year
  • Kotak Mahindra Bank Underwriter Salary - ₹2.0 Lakhs to ₹4.7 Lakhs per year
What is the estimated take home salary of a Underwriter at NatWest Group in India?
The estimated take-home salary of a Underwriter at NatWest Group ranges between ₹39,407 per month to ₹40,581 per month in India. The take-home salary calculation is based on the average NatWest Group Underwriter salary in India which ranges between ₹3.6 Lakhs to ₹5.8 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Underwriter at NatWest Group?
According to AmbitionBox, 80% of the NatWest Group Underwriters reported a notice period of 3 Months, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

NatWest Group Underwriter salary in India ranges between ₹3.6 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 NatWest Group latest salaries received from various employees of NatWest Group.