Ocwen Financial Solutions Bangalore / Bengaluru Underwriter Salaries by 4 Employees

3 - 8 years exp.

₹2.3 Lakhs - ₹6.8 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

16% less than the average Underwriter Salary in Financial Services Companies for 3 - 8 years of experience

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Salaries in different departments

Finance & Accounting Underwriter Salary 3 - 8 years exp. (3 salaries)	₹2.3 L/yr - ₹6.8 L/yr
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Customer Success, Service & Operations Underwriter Salary 3 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5.5 L/yr

Last Updated: 27 Nov 2024

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

Ocwen Financial Solutions Underwriter Salary

3 - 8 years exp. (4 salaries)

₹2.3 L/yr - ₹6.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Mr Cooper Underwriter Salary 0 - 11 years exp. (3 salaries)	₹3 L/yr - ₹7.5 L/yr 11% less
Wells Fargo Underwriter Salary 5 - 7 years exp. (3 salaries)	₹6 L/yr - ₹7.3 L/yr 29% more
Login to view exact salary
SitusAMC Underwriter Salary 3 - 12 years exp. (112 salaries)	₹4.3 L/yr - ₹10.5 L/yr 50% more
VERITY GLOBAL SOLUTIONS Underwriter Salary 1 - 9 years exp. (39 salaries)	₹3.1 L/yr - ₹9.3 L/yr 6% more
Namaste Credit Underwriter Salary 0 - 4 years exp. (28 salaries)	₹1.8 L/yr - ₹3 L/yr 49% less

Underwriter salary at Ocwen Financial Solutions ranges between ₹2.3 Lakhs to ₹6.8 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Ocwen Financial Solutions.

Experience wise Ocwen Financial Solutions Underwriter salaries in Bangalore / Bengaluru

Last Updated: 27 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

View all

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

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

Infrastructure Manager in Pune

Full Time

IT & Information Security Department

2.0

• posted on 11 Nov 2024

2.0

for Salary and Benefits

Likes

Digital Transformation DEPARTMENT is good including growth an people ( +management). Transparent and clean eco-system in Digital Transformation only in IT.

Dislikes

No appraisals - hire and fire management. Absolute no salary hike and no promotions even working for 6 years. " Especially IT INFRASTRUCTURE Management is pathetic where the VP Infrastructure and all directors of Infrastructure DEPARTMENT are PAST CRIMINALS from HSBC and VODAFONE ( as per HR reports of HSBC and VODAFONE)....but what to say....its corporate

Salary - Poor

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Ocwen Financial Solutions Underwriter Salary FAQs

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

The average salary of a Underwriter at Ocwen Financial Solutions in Bangalore / Bengaluru typically ranges from ₹2.3 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Underwriter in Bangalore / Bengaluru at Ocwen Financial Solutions earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. 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 4 Ocwen Financial Solutions employees in India.

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

The estimated take-home salary of a Underwriter at Ocwen Financial Solutions in Bangalore / Bengaluru typically ranges from ₹38,084 to ₹39,278 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 3 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 4 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 Underwriter at Ocwen Financial Solutions in Bangalore / Bengaluru?

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

- Underwriting
- US Mortgage
- Loan Origination
- mortgage
- US Mortgage

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 Underwriter in India?

SitusAMC	₹4.3 Lakhs to ₹10.5 Lakhs per year
Wells Fargo	₹6.0 Lakhs to ₹7.3 Lakhs per year
VERITY GLOBAL SOLUTIONS	₹3.1 Lakhs to ₹9.3 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 Underwriter in companies similar to Ocwen Financial Solutions in Bangalore / Bengaluru?

The salary of a 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:

Mr Cooper	₹3.0 Lakhs to ₹7.5 Lakhs per year
Namaste Credit	₹1.8 Lakhs to ₹3.0 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 Underwriter at Ocwen Financial Solutions in Bangalore / Bengaluru?

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

Experience	Average Salary Range
3 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
4 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
5 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
6 years	₹4.6 Lakhs to ₹5.8 Lakhs per year

and so on.

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Ocwen Financial Solutions Underwriter Salaries in Bangalore / Bengaluru

Ocwen Financial Solutions Underwriter salary in Bangalore / Bengaluru ranges between ₹2.3 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ocwen Financial Solutions latest salaries received from various employees of Ocwen Financial Solutions.