SitusAMC Assistant Manager Underwriting Salaries by 6 Employees (Updated 2025)

10 - 12 years exp.

₹12 Lakhs - ₹14.5 Lakhs

Salary of majority employees

110% more than the average Assistant Manager Underwriting Salary in Software Product Companies for 10 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Underwriting Salary 10 - 12 years exp. (4 salaries)	₹13.5 L/yr - ₹14 L/yr
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Customer Success, Service & Operations Assistant Manager Underwriting Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹14.5 L/yr

Last Updated: 11 Sep 2024

Companies similar to SitusAMC for Assistant Manager Underwriting

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Assistant Manager Underwriting Salary 4 - 15 years exp. (7 salaries)	₹6.5 L/yr - ₹9 L/yr 45% less
PNB MetLife Assistant Manager Underwriting Salary 2 - 6 years exp. (7 salaries)	₹5.1 L/yr - ₹7.2 L/yr 56% less
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SBI Life Insurance Company Assistant Manager Underwriting Salary 9 - 15 years exp. (7 salaries)	₹5.1 L/yr - ₹7.8 L/yr 47% less
ICICI Prudential Life Insurance Assistant Manager Underwriting Salary 2 - 6 years exp. (6 salaries)	₹4.8 L/yr - ₹6.2 L/yr 60% less
Tata AIA Life Insurance Assistant Manager Underwriting Salary 7 - 18 years exp. (6 salaries)	₹6.4 L/yr - ₹11.5 L/yr 30% less	2 job openings

Assistant Manager Underwriting salary at SitusAMC ranges between ₹12 Lakhs to ₹14.5 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of SitusAMC.

Experience wise SitusAMC Assistant Manager Underwriting salaries

Last Updated: 11 Sep 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹13.6 L/yr
11 years (AmbitionBox Estimate)	₹12 L/yr - ₹14 L/yr
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12 years (3 salaries)	₹13.5 L/yr - ₹14.5 L/yr

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Salary related reviews for SitusAMC

Mortgage Underwriter in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 30 Jan 2025

1.0

for Salary and Benefits

Likes

There is nothing to like about this company

Dislikes

...yee are a machine who sits on system for 9hrs pathetic in human behaviour!!!!!!! No salary growth promotion and hike for genuine people No job security at all. They can fire anytime with whatever's reasons Additional. Manager will force to work on weekends saying it is mandatory.

Salary - Bad

+6 more

Underwriter in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Jul 2023

3.0

for Salary and Benefits

Likes

Work life balance

Work-life balance - Excellent

Dislikes

.... IJP is fake, all upper positions are reserved for friends in Mumbai branch. The associate manager just cut-off the hikes of juniors and add it on own salary. They show too much cleverness on cutting ICP by increasing targets and other things This review is from US Residential Mortgage Bangalore team underwriter.

Skill development - Bad

+3 more

Underwriter in Gurgaon / Gurugram

Full Time

Other Department

3.0

• posted on 24 Aug 2023

3.0

for Salary and Benefits

Likes

Salary on time is what I like..

Dislikes

Work life balance is not there.. other Companies are offering Hybrid or Remote working but Situs is not providing the same. Admin facilities are worst. Transport issues.

Skill development - Poor

+2 more

Senior Underwriter in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 01 Oct 2023

3.0

for Salary and Benefits

Likes

The work we did was good. Situs AMC as a company is really great to work with. Pay scale is also good.

Dislikes

The management is pathetic. They will make you feel like you are slave. There is no work life balance. Every festival they will make you to login and work, and they themselves will enjoy their holidays.

Skill development - Bad

+5 more

Mortgage Underwriter in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

1.0

• posted on 15 Jun 2022

1.0

for Salary and Benefits

Likes

No Job security at all, Higher management disrespects employees and no work ethics at workplace.

Dislikes

No job security anytime you can be fired without giving proper explanations, Salary is average, Higher management doesn’t address the issues of the employees.

Salary - Bad

+6 more

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SitusAMC Assistant Manager Underwriting Salary FAQs

What is the salary of Assistant Manager Underwriting at SitusAMC?

Assistant Manager Underwriting salary at SitusAMC in India ranges between ₹12.0 Lakhs to ₹14.5 Lakhs for experience between 10 years to 12 years. According to our estimates it is 110% more than the average Assistant Manager Underwriting Salary in India. Salary estimates are based on 6 latest salaries received from various employees of SitusAMC India.

How does the salary of a Assistant Manager Underwriting at SitusAMC India compare with the average salary range for this job?

The average salary of a Assistant Manager Underwriting at SitusAMC is 110% more than the average salary of a Assistant Manager Underwriting in India. To know exact salary insights, login to view.

What is the salary of a Assistant Manager Underwriting in companies similar to SitusAMC in India?

Tata AIA Life Insurance Assistant Manager Underwriting Salary - ₹6.4 Lakhs to ₹11.5 Lakhs per year
Bajaj Allianz General Insurance Assistant Manager Underwriting Salary - ₹6.5 Lakhs to ₹9.0 Lakhs per year
SBI Life Insurance Company Assistant Manager Underwriting Salary - ₹5.1 Lakhs to ₹7.8 Lakhs per year
PNB MetLife Assistant Manager Underwriting Salary - ₹5.1 Lakhs to ₹7.2 Lakhs per year
ICICI Prudential Life Insurance Assistant Manager Underwriting Salary - ₹4.8 Lakhs to ₹6.2 Lakhs per year

What is the estimated take home salary of a Assistant Manager Underwriting at SitusAMC in India?

The estimated take-home salary of a Assistant Manager Underwriting at SitusAMC ranges between ₹94,640 per month to ₹97,188 per month in India. The take-home salary calculation is based on the average SitusAMC Assistant Manager Underwriting salary in India which ranges between ₹12.0 Lakhs to ₹14.5 Lakhs per year for employees with experience between 10 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager Underwriting at SitusAMC?

According to AmbitionBox, 67% of the SitusAMC Assistant Manager Underwritings reported a notice period of 1 Month, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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SitusAMC Assistant Manager Underwriting Salaries

SitusAMC Assistant Manager Underwriting salary in India ranges between ₹12 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SitusAMC latest salaries received from various employees of SitusAMC.