Ocwen Financial Solutions Mumbai Modification Underwriter Salaries by 7 Employees

6 - 13 years exp.

₹3 Lakhs - ₹6.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Modification Underwriter Salary in Financial Services Companies for 6 - 13 years of experience

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Salaries in different departments

Finance & Accounting Modification Underwriter Salary 6 - 10 years exp. (3 salaries)	₹3.9 L/yr - ₹6 L/yr
BFSI, Investments & Trading Modification Underwriter Salary 6 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5.8 L/yr
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Customer Success, Service & Operations Modification Underwriter Salary 6 - 13 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.7 L/yr

Last Updated: 13 Mar 2023

Modification Underwriter salary at Ocwen Financial Solutions ranges between ₹3 Lakhs to ₹6.7 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Ocwen Financial Solutions.

Experience wise Ocwen Financial Solutions Modification Underwriter salaries in Mumbai

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
6 years (5 salaries)	₹3 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
11 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹7 L/yr
12 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
13 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr

View all

Salary related reviews for Ocwen Financial Solutions

4.4

Rated by 4 employees for salary & benefits

Modification Underwriter in Mumbai

Other Department

5.0

• posted on 20 Sep 2020

5.0

for Salary and Benefits

Likes

So many people lost there jobs and taking half salary during lockdown period ..But our company did not do like this..It is very thankful to our company.

Salary - Excellent

+6 more

Dislikes

I don't think so . Any dislike word for my company

Quality Analyst in Mumbai

Other Department

1.0

• posted on 05 Apr 2022

1.0

for Salary and Benefits

Likes

Extremely bad experience. Worked here as i was in need of money to run the house.

Dislikes

Everything is bad. The management was very bad.The processes close down in a day.No opportunity for growth & meager growth in salary.

Salary - Bad

+6 more

Quality Analyst in Bangalore / Bengaluru

Customer Success, Service & Operations Department

3.0

• posted on 03 Jun 2021

3.0

for Salary and Benefits

Likes

Their compensation plan, work culture and promotion hierarchy. Unlike other few orgs, their promotion structure is good. Gets valued for our work I feel.

Dislikes

Unprofessional, lack of ideas, no high end thinking

Company culture - Poor

+1 more

Quality Analyst in Pune

Consulting Department

4.0

• posted on 11 Jun 2018

5.0

for Salary and Benefits

Likes

Good pay & Hike, min 6 hours of working, 30 leaves, free transportation, every Friday cake/fruits, yearly ocwen bag, pantry is good with min 4 types of biscuits, green tea, coffee, flavoured tea etc.. cleanliness, hygiene maintenance, weekly once zumba, quarterly team events, health insurance,

Salary - Excellent

+2 more

Dislikes

1. HRs take only feedback on everything like (cafeteria/managers/wash room/ other activities so on.. ) for improvements but I have not seen taking any action so far. .. they just document it. ... 2. They prefer to hire a team from other organisations I mean family & friends which spoils company's environment. ... 3. Food is costly 4. No work from home option for IT employees even in emergency.. it's a bpo centric company 5. No job security they may ask you to leave anytime. 6. No childcare facility 7. No gym, 8. No onsite 9. Few managers are sick 10. No escalation system

Job security - Poor

Content Specialist in Bangalore / Bengaluru (working remotely)

Full Time

IT & Information Security Department

1.0

• posted on 17 Nov 2024

1.0

for Salary and Benefits

Likes

Health insurance facility was just ok.

Dislikes

Toxic work environment Toxic manager and colleagues No training given Appraisal takes hell lot of time to reflect in salary slip. They say hybrid and give permanent WFH. Repeated harrasment at workplace. Using bad language by manager.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Ocwen Financial Solutions Modification Underwriter Salary FAQs

What is the salary of Modification Underwriter at Ocwen Financial Solutions in Mumbai?

The average salary of a Modification Underwriter at Ocwen Financial Solutions in Mumbai typically ranges from ₹3.0 Lakhs to ₹6.7 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of Modification Underwriter in Mumbai at Ocwen Financial Solutions earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹6.7 Lakhs per year. Modification Underwriter Salaries at Ocwen Financial Solutions can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Ocwen Financial Solutions employees in India.

What is the estimated take home salary of a Modification Underwriter at Ocwen Financial Solutions in Mumbai?

The estimated take-home salary of a Modification Underwriter at Ocwen Financial Solutions in Mumbai typically ranges from ₹37,903 to ₹39,099 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.7 Lakhs per year for employees with experience ranging from 6 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Ocwen Financial Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

How the salary growth look like for a Modification Underwriter at Ocwen Financial Solutions in Mumbai?

The salary growth for a Modification Underwriter at Ocwen Financial Solutions in Mumbai depends on factors such as experience, performance, and promotions. On average, a Modification Underwriter in Mumbai can expect the following growth trajectory at Ocwen Financial Solutions:

Experience	Average Salary Range
6 years	₹3.0 Lakhs to ₹6.0 Lakhs per year
7 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
8 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
9 years	₹4.9 Lakhs to ₹6.3 Lakhs per year

and so on.

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Ocwen Financial Solutions Modification Underwriter Salaries in Mumbai

Ocwen Financial Solutions Modification Underwriter salary in Mumbai ranges between ₹3 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Ocwen Financial Solutions latest salaries received from various employees of Ocwen Financial Solutions.