Ocwen Financial Solutions Bangalore / Bengaluru Senior Underwriter Salaries by 10+ Employees

6 - 8 years exp.

₹5.6 Lakhs - ₹8.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% less than the average Senior Underwriter Salary in Financial Services Companies for 6 - 8 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Senior Underwriter Salary 6 - 8 years exp. (4 salaries)	₹6.7 L/yr - ₹7.3 L/yr
Customer Success, Service & Operations Senior Underwriter Salary 7 - 8 years exp. (3 salaries)	₹6.5 L/yr - ₹8.7 L/yr
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Finance & Accounting Senior Underwriter Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹7.4 L/yr

Last Updated: 3 Sep 2024

Companies similar to Ocwen Financial Solutions for Senior Underwriter in Bangalore / Bengaluru

Ocwen Financial Solutions Senior Underwriter Salary

6 - 8 years exp. (13 salaries)

₹5.6 L/yr - ₹8.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Wells Fargo Senior Underwriter Salary 3 - 13 years exp. (11 salaries)	₹5.9 L/yr - ₹22 L/yr 91% more
Wipro Senior Underwriter Salary 3 - 8 years exp. (26 salaries)	₹3.5 L/yr - ₹9 L/yr 9% less
Login to view exact salary
Firstsource Solutions Senior Underwriter Salary 3 - 8 years exp. (24 salaries)	₹3.2 L/yr - ₹9.9 L/yr 12% less
SitusAMC Senior Underwriter Salary 6 - 10 years exp. (24 salaries)	₹5.9 L/yr - ₹12 L/yr 28% more
Altisource Senior Underwriter Salary 3 - 11 years exp. (17 salaries)	₹6.3 L/yr - ₹10 L/yr 14% more

Senior Underwriter salary at Ocwen Financial Solutions ranges between ₹5.6 Lakhs to ₹8.7 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 13 latest salaries received from various employees of Ocwen Financial Solutions.

Latest annual salaries shared by Ocwen Financial Solutions Senior Underwriter in Bangalore / Bengaluru

7mo ago

₹7.2 Lakhs

7 years exp.

7mo ago

₹6.7 Lakhs

8 years exp.

1y ago

₹7 Lakhs

7 years exp.

1y ago

₹7.3 Lakhs

8 years exp.

1y ago

₹7 Lakhs

7 years exp.

1y ago

8 years exp.

1y ago

6 years exp.

1y ago

6 years exp.

1y ago

6 years exp.

Experience wise Ocwen Financial Solutions Senior Underwriter salaries in Bangalore / Bengaluru

Last Updated: 3 Sep 2024

Experience	Avg Annual Salary
6 years (4 salaries)	₹6 L/yr - ₹13.6 L/yr
7 years (5 salaries)	₹5.6 L/yr - ₹7.9 L/yr
Login to view exact salary
8 years (4 salaries)	₹6.5 L/yr - ₹8.7 L/yr

Salary related reviews for Ocwen Financial Solutions

5.0

Rated by 1 employees for salary & benefits

Team Lead in Mumbai (working remotely)

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 21 Jan 2024

5.0

for Salary and Benefits

Likes

...d organisation to work and learn for new joiners as well as experience people. Appraisal, Salary Hike and promotions policies are very good. Thus, you can work here long term to achieve your life goals.

Salary - Excellent

+5 more

Dislikes

Job Security is little concern but it is not with this only organisation. It is depend on market.

Process Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 10 May 2018

5.0

for Salary and Benefits

Likes

I have been working with Ocwen for past 3.5 years. If you want relax job environment with decent package and with job security, this is the best one to join.Ocwen will never stop surprising you with on the floor activity and L&D activites and all the quaterly celebration. Work pressure depends on which process you get hire for. Some processes have tremendous work pressure but they get very good compensation in return.

Salary - Excellent

+6 more

Dislikes

Just like everyother company, you will face little politics here and there. Beacuse of which you have to be in the good book of your manager for growth.

Analyst (working remotely)

Data Science & Analytics Department

3.0

• posted on 26 Aug 2022

2.0

for Salary and Benefits

Likes

It is a good learning opportunity if you are a fresher, team mates are very supportive.

Job security - Good

+1 more

Dislikes

Work life balance is not good. Need to do overtime every single day without any extra pay. Salaries and increment are less. No appreciation and encouragement.

Salary - Poor

+1 more

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

see more salary related reviews

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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 Senior Underwriter Salary FAQs

What is the salary of Senior Underwriter at Ocwen Financial Solutions in Bangalore / Bengaluru?

The average salary of a Senior Underwriter at Ocwen Financial Solutions in Bangalore / Bengaluru typically ranges from ₹5.6 Lakhs to ₹8.7 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Senior Underwriter in Bangalore / Bengaluru at Ocwen Financial Solutions earn more than ₹8.1 Lakhs per year, and the top 1% earn over ₹8.7 Lakhs per year. Senior 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 10+ Ocwen Financial Solutions employees in India.

What is the estimated take home salary of a Senior Underwriter at Ocwen Financial Solutions in Bangalore / Bengaluru?

The estimated take-home salary of a Senior Underwriter at Ocwen Financial Solutions in Bangalore / Bengaluru typically ranges from ₹54,726 to ₹56,093 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹8.7 Lakhs per year for employees with experience ranging from 6 years to 8 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 10+ salaries received from various employees of Ocwen Financial Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Underwriter at Ocwen Financial Solutions in Bangalore / Bengaluru?

To be a Senior Underwriter at Ocwen Financial Solutions in Bangalore / Bengaluru, the key skills required include:

- Underwriting
- US Mortgage
- Websphere Mq
- Apparel
- Loans

These skills are highly valued at Ocwen Financial Solutions and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Ocwen Financial Solutions for Senior Underwriter in India?

Wells Fargo	₹5.9 Lakhs to ₹22.0 Lakhs per year
SitusAMC	₹5.9 Lakhs to ₹12.0 Lakhs per year
Altisource	₹6.3 Lakhs to ₹10.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ocwen Financial Solutions, depending on the role and experience level.

What is the salary of a Senior Underwriter in companies similar to Ocwen Financial Solutions in Bangalore / Bengaluru?

The salary of a Senior Underwriter at companies similar to Ocwen Financial Solutions in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wipro	₹3.5 Lakhs to ₹9.0 Lakhs per year
Firstsource Solutions	₹3.2 Lakhs to ₹9.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Underwriter at Ocwen Financial Solutions in Bangalore / Bengaluru?

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

Experience	Average Salary Range
6 years	₹6.0 Lakhs to ₹13.6 Lakhs per year
7 years	₹5.6 Lakhs to ₹7.9 Lakhs per year
8 years	₹6.5 Lakhs to ₹8.7 Lakhs per year

and so on.

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Ocwen Financial Solutions Senior Underwriter Salaries in Bangalore / Bengaluru

Ocwen Financial Solutions Senior Underwriter salary in Bangalore / Bengaluru ranges between ₹5.6 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Ocwen Financial Solutions latest salaries received from various employees of Ocwen Financial Solutions.