SitusAMC Bangalore / Bengaluru Underwriter Salaries by 100+ Employees (Updated 2024)

2 - 12 years exp.

₹4.3 Lakhs - ₹10.9 Lakhs

Salary of majority employees

27% more than the average Underwriter Salary in Software Product Companies for 2 - 12 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading Underwriter Salary 2 - 10 years exp. (28 salaries)	₹5.3 L/yr - ₹10.9 L/yr
Finance & Accounting Underwriter Salary 2 - 8 years exp. (24 salaries)	₹4.5 L/yr - ₹8.3 L/yr
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Customer Success, Service & Operations Underwriter Salary 4 - 9 years exp. (21 salaries)	₹4.3 L/yr - ₹10.5 L/yr
Quality Assurance Underwriter Salary 8 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.8 L/yr
Risk Management & Compliance Underwriter Salary 6 years exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹9.8 L/yr

Last Updated: 13 Dec 2024

Companies similar to SitusAMC for Underwriter in Bangalore / Bengaluru

SitusAMC Underwriter Salary

2 - 12 years exp. (111 salaries)

₹4.3 L/yr - ₹10.9 L/yr

Company name	Avg Annual Salary	Open Jobs
VERITY GLOBAL SOLUTIONS Underwriter Salary 2 - 9 years exp. (36 salaries)	₹3.1 L/yr - ₹9.3 L/yr 25% less
Namaste Credit Underwriter Salary 0 - 3 years exp. (28 salaries)	₹1.8 L/yr - ₹3 L/yr 65% less
Login to view exact salary
Visionet Systems Underwriter Salary 1 - 7 years exp. (22 salaries)	₹2.4 L/yr - ₹8 L/yr 29% less
Flatworld Solutions Underwriter Salary 0 - 5 years exp. (21 salaries)	₹2 L/yr - ₹5 L/yr 55% less
First Source Underwriter Salary 1 - 7 years exp. (19 salaries)	₹2.5 L/yr - ₹9.8 L/yr 35% less	7 job openings

Underwriter salary at SitusAMC ranges between ₹4.3 Lakhs to ₹10.9 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 111 latest salaries received from various employees of SitusAMC.

Experience wise SitusAMC Underwriter salaries in Bangalore / Bengaluru

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
2 years (4 salaries)	₹4.9 L/yr - ₹7.3 L/yr
3 years (7 salaries)	₹5 L/yr - ₹8.3 L/yr
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4 years (16 salaries)	₹4.3 L/yr - ₹7.9 L/yr
5 years (19 salaries)	₹6 L/yr - ₹10.9 L/yr
6 years (16 salaries)	₹4.5 L/yr - ₹9.8 L/yr
7 years (16 salaries)	₹5 L/yr - ₹10 L/yr
8 years (16 salaries)	₹5.2 L/yr - ₹10.5 L/yr
9 years (13 salaries)	₹5.5 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹9.9 L/yr
11 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹15.7 L/yr

View all

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Senior Underwriter Salary

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₹5.7 L/yr - ₹12 L/yr

Analyst Salary

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₹3 L/yr - ₹6.5 L/yr

Team Lead Salary

(24 salaries)

₹5 L/yr - ₹13.5 L/yr

Senior Associate Salary

(12 salaries)

₹3.5 L/yr - ₹7.1 L/yr

Underwriting Analyst Salary

(3 salaries)

₹5.4 L/yr - ₹5.67 L/yr

Top skills at SitusAMC for Underwriter

Appraisal market data US Mortgage DSA LAN Networking US Mortgage Tax Returns Tax returns Market Data Credit Appraisal Technology Solutions Websphere Mq Android Customer Service Capsules

Salary related reviews for SitusAMC

2.8

Rated by 8 employees for salary & benefits

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

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.

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.

Underwriter in Airoli Mind Space West

RRE Department

2.0

• posted on 05 Aug 2022

3.0

for Salary and Benefits

Likes

...anageable specially when there is low volume of work. Better than a call center. Only one positive thing here is the salary is not that bad. It. Is ok.

Dislikes

Very hard to find help in any query in the process. Everything is treated like a top secret and they keep you in the dark for almost everything. They don't even reply to the messages in teams if you ask for help or any other matter. The management is crap and does not know how to deal with any scenario. They only want the maximum work done by you and do not care about you or your health. There is zero job security in this field as this is justa hire and fire job.

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.

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.

Dislikes

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SitusAMC Underwriter Salary FAQs

What is the salary of Underwriter at SitusAMC Bangalore / Bengaluru?

Underwriter salary at SitusAMC in Bangalore / Bengaluru ranges between ₹4.3 Lakhs to ₹10.9 Lakhs for experience between 2 years to 12 years. According to our estimates it is 27% more than the average Underwriter Salary in India. Salary estimates are based on 111 latest salaries received from various employees of SitusAMC Bangalore / Bengaluru.

How does the salary of a Underwriter at SitusAMC Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Underwriter at SitusAMC is 27% more than the average salary of a Underwriter in Bangalore / Bengaluru. To know exact salary insights, login to view.

What are the top skills required to work as a Underwriter at SitusAMC?

Appraisal, market data, US Mortgage, DSA and LAN Networking are some of the popular skills required to work as a Underwriter at SitusAMC Bangalore / Bengaluru.

What is the salary of a Underwriter in companies similar to SitusAMC in Bangalore / Bengaluru?

VERITY GLOBAL SOLUTIONS Underwriter Salary - ₹3.1 Lakhs to ₹9.3 Lakhs per year
Visionet Systems Underwriter Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year
First Source Underwriter Salary - ₹2.5 Lakhs to ₹9.8 Lakhs per year
Flatworld Solutions Underwriter Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
Namaste Credit Underwriter Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Underwriter at SitusAMC ranges between ₹54,848 per month to ₹56,219 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average SitusAMC Underwriter salary in India which ranges between ₹4.3 Lakhs to ₹10.9 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at SitusAMC in Bangalore / Bengaluru?

According to AmbitionBox, 47% of the SitusAMC Underwriters in Bangalore / Bengaluru reported a notice period of 2 Months, 29% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 83 responses on AmbitionBox in last 2 years.

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SitusAMC Underwriter Salaries in Bangalore / Bengaluru

SitusAMC Underwriter salary in Bangalore / Bengaluru ranges between ₹4.3 Lakhs to ₹10.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 111 SitusAMC latest salaries received from various employees of SitusAMC.