SitusAMC Mumbai Senior Underwriter Salaries by 20+ Employees (Updated 2025)

6 - 15 years exp.

₹5 Lakhs - ₹14 Lakhs

Avg. annual salary

Monthly In-hand Salary

22% more than the average Senior Underwriter Salary in Software Product Companies for 6 - 15 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Underwriter Salary 6 - 14 years exp. (7 salaries)	₹5 L/yr - ₹10.5 L/yr
BFSI, Investments & Trading Senior Underwriter Salary 6 - 15 years exp. (6 salaries)	₹7.6 L/yr - ₹11.4 L/yr
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Quality Assurance Senior Underwriter Salary 9 - 15 years exp. (4 salaries)	₹9.2 L/yr - ₹12.5 L/yr
Finance & Accounting Senior Underwriter Salary 8 - 11 years exp. (AmbitionBox Estimate)	₹8.7 L/yr - ₹14 L/yr

Last Updated: 11 Mar 2025

Companies similar to SitusAMC for Senior Underwriter in Mumbai

SitusAMC Senior Underwriter Salary

6 - 15 years exp. (21 salaries)

₹5 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
Firstsource Solutions Senior Underwriter Salary 3 - 11 years exp. (20 salaries)	₹4.5 L/yr - ₹12 L/yr 24% less
VERITY GLOBAL SOLUTIONS Senior Underwriter Salary 5 - 14 years exp. (13 salaries)	₹4.6 L/yr - ₹13 L/yr 3% less
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Altisource Senior Underwriter Salary 7 - 12 years exp. (6 salaries)	₹6.2 L/yr - ₹11.2 L/yr 11% less
Ocwen Financial Solutions Senior Underwriter Salary 6 - 9 years exp. (6 salaries)	₹4.7 L/yr - ₹7.2 L/yr 30% less
Mphasis Senior Underwriter Salary 7 - 10 years exp. (4 salaries)	₹7.6 L/yr - ₹9.5 L/yr 19% less	1 job opening

Senior Underwriter salary at SitusAMC ranges between ₹5 Lakhs to ₹14 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 21 latest salaries received from various employees of SitusAMC.

Experience wise SitusAMC Senior Underwriter salaries in Mumbai

Last Updated: 11 Mar 2025

Experience	Avg Annual Salary
6 years (3 salaries)	₹5.5 L/yr - ₹15.3 L/yr
7 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
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8 years (3 salaries)	₹5 L/yr - ₹14 L/yr
9 years (3 salaries)	₹7.6 L/yr - ₹10.8 L/yr
10 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
11 years (4 salaries)	₹9.2 L/yr - ₹10.4 L/yr
12 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.8 L/yr
13 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
14 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
15+ years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.8 L/yr

View all

Similar Designation salaries in SitusAMC

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Team Lead Salary

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Senior Associate Salary

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₹4.8 L/yr - ₹7 L/yr

Top skills at SitusAMC for Senior Underwriter

Market Data US Mortgage Customer Service Home Loans Compliance Medical Underwriting US Staffing Genetics Financial Due Diligence Underwriting market data Due Diligence Loans mortgage White Box Testing

Salary related reviews for SitusAMC

4.1

Rated by 5 employees for salary & benefits

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

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

Technical Specialist in Navi Mumbai

Full Time

IT & Information Security Department

3.0

• posted on 17 Mar 2025

4.0

for Salary and Benefits

Likes

Salary always on time

Salary - Good

Dislikes

Management is pathetic; they are disconnected from the reality on the ground and only focus on active tracking, especially for foreign clients. There is no work-life balance, only dry promotions, and no job security.

Skill development - Bad

+5 more

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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 Senior Underwriter Salary FAQs

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

The average salary of a Senior Underwriter at SitusAMC in Mumbai typically ranges from ₹5.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Senior Underwriter in Mumbai at SitusAMC earn more than ₹11.8 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Senior 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 20+ SitusAMC employees in India.

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

The estimated take-home salary of a Senior Underwriter at SitusAMC in Mumbai typically ranges from ₹71,062 to ₹72,892 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 6 years to 15 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 20+ 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 Senior Underwriter at SitusAMC in Mumbai?

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

- Market Data
- US Mortgage
- Customer Service
- Home Loans
- Compliance

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

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

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

VERITY GLOBAL SOLUTIONS	₹4.6 Lakhs to ₹13.0 Lakhs per year
Altisource	₹6.2 Lakhs to ₹11.2 Lakhs per year
Mphasis	₹7.6 Lakhs to ₹9.5 Lakhs per year
Firstsource Solutions	₹4.5 Lakhs to ₹12.0 Lakhs per year
Ocwen Financial Solutions	₹4.7 Lakhs to ₹7.2 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 Senior Underwriter at SitusAMC in Mumbai?

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

Experience	Average Salary Range
6 years	₹5.5 Lakhs to ₹15.3 Lakhs per year
7 years	₹7.9 Lakhs to ₹10.1 Lakhs per year
8 years	₹5.0 Lakhs to ₹14.0 Lakhs per year
9 years	₹7.6 Lakhs to ₹10.8 Lakhs per year

and so on.

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SitusAMC Senior Underwriter Salaries in Mumbai

SitusAMC Senior Underwriter salary in Mumbai ranges between ₹5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 SitusAMC latest salaries received from various employees of SitusAMC.