SitusAMC Mumbai Underwriter Salaries by 100+ Employees (Updated 2025)

3 - 12 years exp.

₹4.5 Lakhs - ₹10.1 Lakhs

Salary of majority employees

22% more than the average Underwriter Salary in Software Product Companies for 3 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations Underwriter Salary 3 - 12 years exp. (33 salaries)	₹4.5 L/yr - ₹10.1 L/yr
Finance & Accounting Underwriter Salary 3 - 9 years exp. (23 salaries)	₹4.7 L/yr - ₹10 L/yr
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BFSI, Investments & Trading Underwriter Salary 3 - 10 years exp. (21 salaries)	₹6.1 L/yr - ₹9.1 L/yr
Risk Management & Compliance Underwriter Salary 3 - 10 years exp. (6 salaries)	₹5.6 L/yr - ₹7.8 L/yr
Quality Assurance Underwriter Salary 9 - 12 years exp. (3 salaries)	₹6.8 L/yr - ₹8.5 L/yr

Last Updated: 2 Mar 2025

Companies similar to SitusAMC for Underwriter in Mumbai

SitusAMC Underwriter Salary

3 - 12 years exp. (101 salaries)

₹4.5 L/yr - ₹10.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Techsurance Underwriter Salary 0 - 1 year exp. (25 salaries)	₹1.8 L/yr - ₹3.2 L/yr 71% less
ICICI Lombard General Insurance Company Underwriter Salary 0 - 3 years exp. (16 salaries)	₹5 L/yr - ₹10 L/yr 8% more
Login to view exact salary
Firstsource Solutions Underwriter Salary 2 - 6 years exp. (15 salaries)	₹4.5 L/yr - ₹7.7 L/yr 21% less	1 job opening
Tata AIG Underwriter Salary 0 - 5 years exp. (15 salaries)	₹5.5 L/yr - ₹15.1 L/yr 47% more
ICICI Prudential Life Insurance Underwriter Salary 0 - 5 years exp. (9 salaries)	₹2.6 L/yr - ₹5 L/yr 43% less

Underwriter salary at SitusAMC ranges between ₹4.5 Lakhs to ₹10.1 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 101 latest salaries received from various employees of SitusAMC.

Experience wise SitusAMC Underwriter salaries in Mumbai

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
3 years (13 salaries)	₹4.5 L/yr - ₹8.5 L/yr
4 years (8 salaries)	₹4.7 L/yr - ₹9.8 L/yr
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5 years (14 salaries)	₹5.6 L/yr - ₹8.3 L/yr
6 years (12 salaries)	₹5.6 L/yr - ₹10 L/yr
7 years (14 salaries)	₹5 L/yr - ₹10 L/yr
8 years (12 salaries)	₹5.3 L/yr - ₹10 L/yr
9 years (13 salaries)	₹5.7 L/yr - ₹9 L/yr
10 years (8 salaries)	₹6.2 L/yr - ₹9 L/yr
11 years (4 salaries)	₹3.2 L/yr - ₹9.9 L/yr
12 years (3 salaries)	₹6.3 L/yr - ₹10.1 L/yr

View all

Similar Designation salaries in SitusAMC

Senior Analyst Salary

(155 salaries)

₹3 L/yr - ₹9 L/yr

Mortgage Underwriter Salary

(52 salaries)

₹3.66 L/yr - ₹10.25 L/yr

Analyst Salary

(40 salaries)

₹3.15 L/yr - ₹6.85 L/yr

Team Lead Salary

(30 salaries)

₹6.1 L/yr - ₹14.5 L/yr

Senior Underwriter Salary

(20 salaries)

₹5 L/yr - ₹14 L/yr

Senior Associate Salary

(10 salaries)

₹4.8 L/yr - ₹7 L/yr

Underwriting Analyst Salary

(3 salaries)

₹5 L/yr - ₹7.05 L/yr

Top skills at SitusAMC for Underwriter

Appraisal Market Data US Mortgage US Staffing Genetics US Mortgage Tax Returns Tax returns market data Credit Appraisal Technology Solutions Websphere Mq Android Customer Service Capsules

Salary related reviews for SitusAMC

4.0

Rated by 10 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

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

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.

Skill development - Bad

+5 more

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

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

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Salary Discussions, Hike & Promotions

1w (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 Underwriter Salary FAQs

What is the salary of Underwriter at SitusAMC Mumbai?

Underwriter salary at SitusAMC in Mumbai ranges between ₹4.5 Lakhs to ₹10.1 Lakhs for experience between 3 years to 12 years. According to our estimates it is 22% more than the average Underwriter Salary in India. Salary estimates are based on 101 latest salaries received from various employees of SitusAMC Mumbai.

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

The average salary of a Underwriter at SitusAMC is 22% more than the average salary of a Underwriter in Mumbai. 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, US Staffing and Genetics are some of the popular skills required to work as a Underwriter at SitusAMC Mumbai.

Which similar companies are paying more than SitusAMC to a Underwriter in Mumbai?

Tata AIG Underwriter Salary - ₹5.5 Lakhs to ₹15.1 Lakhs per year
ICICI Lombard General Insurance Company Underwriter Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year

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

Firstsource Solutions Underwriter Salary - ₹4.5 Lakhs to ₹7.7 Lakhs per year
ICICI Prudential Life Insurance Underwriter Salary - ₹2.6 Lakhs to ₹5.0 Lakhs per year
Techsurance Underwriter Salary - ₹1.8 Lakhs to ₹3.2 Lakhs per year

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

The estimated take-home salary of a Underwriter at SitusAMC ranges between ₹54,335 per month to ₹55,691 per month in Mumbai. The take-home salary calculation is based on the average SitusAMC Underwriter salary in India which ranges between ₹4.5 Lakhs to ₹10.1 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at SitusAMC in Mumbai?

According to AmbitionBox, 61% of the SitusAMC Underwriters in Mumbai reported a notice period of 2 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 88 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SitusAMC Underwriter salary in Mumbai ranges between ₹4.5 Lakhs to ₹10.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 101 SitusAMC latest salaries received from various employees of SitusAMC.