SitusAMC Assistant Manager Underwriting Salaries by 6 Employees

10 - 12 years exp.

₹12 Lakhs - ₹14.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

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)	₹11.8 L/yr - ₹15.1 L/yr
11 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 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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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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SitusAMC Assistant Manager Underwriting Salary FAQs

What is the salary of Assistant Manager Underwriting at SitusAMC ?

The average salary of a Assistant Manager Underwriting at SitusAMC in India typically ranges from ₹12.0 Lakhs to ₹14.5 Lakhs per year, depending on experience (from 10 years to 12 years).

The top 10% of Assistant Manager Underwriting at SitusAMC earn more than ₹14.5 Lakhs per year, and the top 1% earn over ₹14.5 Lakhs per year. Assistant Manager Underwriting Salaries at SitusAMC 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 6 SitusAMC employees in India.

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 in India typically ranges from ₹94,640 to ₹97,188 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹14.5 Lakhs per year for employees with experience ranging from 10 years to 12 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 6 salaries received from various employees of SitusAMC. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Assistant Manager Underwriting at companies similar to SitusAMC in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

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

The salary growth for a Assistant Manager Underwriting at SitusAMC depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Underwriting can expect the following growth trajectory at SitusAMC:

Experience	Average Salary Range
10 years	₹11.8 Lakhs to ₹15.1 Lakhs per year
11 years	₹12.1 Lakhs to ₹15.5 Lakhs per year
12 years	₹13.5 Lakhs to ₹14.5 Lakhs per year

and so on.

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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.