Average Insurance Underwriter Salary in India

₹401,124
Avg. Base Salary (INR)
10%
₹219k
MEDIAN
₹401k
90%
₹1m

The average salary for an Insurance Underwriter is ₹401,124

Base Salary
₹219k - ₹1m
Bonus
₹10k - ₹306k
Profit Sharing
₹0 - ₹3k
Total Pay
₹226k - ₹1m
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What Do Insurance Underwriters Do?

Insurance Underwriter Tasks
  • Analyze new and renewal business, data, claim history, loss experience, and outcome of liability decisions.
  • Underwrite, submit, approve or pend coverage amounts and premiums, and present decisions to management.
  • Monitor existing policies for compliance with company guidelines.
  • Manage underwriting territory and select new business based on analysis of their profitability.
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Gender Breakdown

Male
73.9%
Female
26.1%
This data is based on 23 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Medical

90%

Dental

10%

Vision

10%

None

10%