SitusAMC Mumbai Junior Underwriter Salaries by 40+ Employees (Updated 2025)

3 - 10 years exp.

₹4.6 Lakhs - ₹8.4 Lakhs

Salary of majority employees

At par with the average Junior Underwriter Salary in Software Product Companies for 3 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Junior Underwriter Salary 3 - 10 years exp. (13 salaries)	₹4.6 L/yr - ₹8.3 L/yr
Finance & Accounting Junior Underwriter Salary 3 - 10 years exp. (11 salaries)	₹4.9 L/yr - ₹8.4 L/yr
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BFSI, Investments & Trading Junior Underwriter Salary 3 - 10 years exp. (8 salaries)	₹5.4 L/yr - ₹7.5 L/yr
Data Science & Analytics Junior Underwriter Salary 4 - 7 years exp. (3 salaries)	₹5.1 L/yr - ₹8 L/yr
Risk Management & Compliance Junior Underwriter Salary 3 - 9 years exp. (3 salaries)	₹6 L/yr - ₹8 L/yr

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Last Updated: 17 Mar 2025

Companies similar to SitusAMC for Junior Underwriter in Mumbai

SitusAMC Junior Underwriter Salary

3 - 10 years exp. (47 salaries)

₹4.6 L/yr - ₹8.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Sutherland Mortgage Services Junior Underwriter Salary 2 - 7 years exp. (9 salaries)	₹3 L/yr - ₹4 L/yr 45% less
Sutherland Global Services Junior Underwriter Salary 1 - 4 years exp. (5 salaries)	₹3.1 L/yr - ₹4 L/yr 46% less
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Techsurance Junior Underwriter Salary 1 - 4 years exp. (4 salaries)	₹1.6 L/yr - ₹2.1 L/yr 72% less
Liquiloans Junior Underwriter Salary 3 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹3.7 L/yr 55% less

Junior Underwriter salary at SitusAMC ranges between ₹4.6 Lakhs to ₹8.4 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 47 latest salaries received from various employees of SitusAMC.

Experience wise SitusAMC Junior Underwriter salaries in Mumbai

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
3 years (7 salaries)	₹4.6 L/yr - ₹6.8 L/yr
4 years (6 salaries)	₹4.6 L/yr - ₹8.4 L/yr
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5 years (4 salaries)	₹4.9 L/yr - ₹8.4 L/yr
6 years (5 salaries)	₹4.8 L/yr - ₹8 L/yr
7 years (9 salaries)	₹4.8 L/yr - ₹8.3 L/yr
8 years (7 salaries)	₹5.4 L/yr - ₹8.3 L/yr
9 years (4 salaries)	₹5.7 L/yr - ₹8 L/yr
10 years (5 salaries)	₹6.3 L/yr - ₹7.8 L/yr

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Similar Designation salaries in SitusAMC

Senior Analyst Salary

(157 salaries)

₹3 L/yr - ₹9 L/yr

Analyst Salary

(43 salaries)

₹2.3 L/yr - ₹7.8 L/yr

Team Lead Salary

(31 salaries)

₹6.1 L/yr - ₹14.5 L/yr

Senior Associate Salary

(10 salaries)

₹4.8 L/yr - ₹7 L/yr

Top skills at SitusAMC for Junior Underwriter

Market Data US Staffing Genetics Tax Returns US Mortgage Customer Service Home Loans Information Security Training Medical Underwriting

Salary related reviews for SitusAMC

3.0

Rated by 7 employees for salary & benefits

Junior Underwriter in Andheri, Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 16 Jun 2022

4.0

for Salary and Benefits

Likes

SitusAMC is good in terms of Salary Hike and Increments. Work culture is good.

Salary - Good

+2 more

Dislikes

Few Team Leads and Managers don't deserve their position. Some don't even know proper basic English. Donkey work is more appreciated than Qualification and Skills.

Skill development - Poor

+2 more

Senior Process Associate in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

4.0

• posted on 28 May 2022

4.0

for Salary and Benefits

Likes

Work environment and culture is good. Teammates and company policies are good. Appraisal are fair and they give good salary hike.

Salary - Good

+5 more

Dislikes

There is a lot of politics and the management does not address our issues. Salary is decent but career growth is slow.

Senior Process Associate in Gurgaon / Gurugram

Customer Success, Service & Operations Department

5.0

• posted on 30 Jun 2022

5.0

for Salary and Benefits

Likes

You do work but instead of that here in this org you get satisfaction in all related aspects as compensation benefits, facilities, job security, work culture and yearly best appraisal percentage hikes as compare to other org within us mortgage industry.

Salary - Excellent

+6 more

Dislikes

Nothing expect need to provide both side cab options for morning shift members.

Senior Associate in Chandigarh

Kpo Department

1.0

• posted on 08 Nov 2021

5.0

for Salary and Benefits

Likes

Good salary and leaves are also good

Salary - Excellent

Dislikes

Fake commitment by the hr location is somewhere else but management calling to Gurgaon office for the training by selr. Management is not good .everyday shift timings are changing no work life balance

Skill development - Bad

+4 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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SitusAMC Junior Underwriter Salary FAQs

What is the salary of Junior Underwriter at SitusAMC in Mumbai?

The average salary of a Junior Underwriter at SitusAMC in Mumbai typically ranges from ₹4.6 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Junior Underwriter in Mumbai at SitusAMC earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.4 Lakhs per year. Junior Underwriter 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 40+ SitusAMC employees in India.

What is the estimated take home salary of a Junior Underwriter at SitusAMC in Mumbai?

The estimated take-home salary of a Junior Underwriter at SitusAMC in Mumbai typically ranges from ₹49,630 to ₹50,802 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹8.4 Lakhs per year for employees with experience ranging from 3 years to 10 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 40+ salaries received from various employees of SitusAMC. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Junior Underwriter at SitusAMC in Mumbai?

To be a Junior Underwriter at SitusAMC in Mumbai, the key skills required include:

- Market Data
- US Staffing
- Genetics
- Tax Returns
- US Mortgage

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

What is the salary of a Junior Underwriter in companies similar to SitusAMC in Mumbai?

The salary of a Junior Underwriter at companies similar to SitusAMC in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sutherland Mortgage Services	₹3.0 Lakhs to ₹4.0 Lakhs per year
Sutherland Global Services	₹3.1 Lakhs to ₹4.0 Lakhs per year
Liquiloans	₹2.5 Lakhs to ₹3.7 Lakhs per year
Techsurance	₹1.6 Lakhs to ₹2.1 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 Junior Underwriter at SitusAMC in Mumbai?

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

Experience	Average Salary Range
3 years	₹4.6 Lakhs to ₹6.8 Lakhs per year
4 years	₹4.6 Lakhs to ₹8.4 Lakhs per year
5 years	₹4.9 Lakhs to ₹8.4 Lakhs per year
6 years	₹4.8 Lakhs to ₹8.0 Lakhs per year

and so on.

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SitusAMC Junior Underwriter Salaries in Mumbai

SitusAMC Junior Underwriter salary in Mumbai ranges between ₹4.6 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 47 SitusAMC latest salaries received from various employees of SitusAMC.