An Underwriter earns an average salary of Rs 387,832 per year. Most people move on to other jobs if they have more than 10 years' experience in this career.

Rs 180,000 - Rs 804,726
Rs 180K
Rs 400K
Rs 800K
MEDIAN: Rs 403,379
10%
50%
90%
Rs 0Rs 899K
Salary Rs 180,000 - Rs 804,726
Bonus Rs 4,872 - Rs 200,891
Profit Sharing Rs 0.00 - Rs 198,659
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
Rs 189,462 - Rs 900,000
  • Country: India
  • Currency: INR
  • Updated: 20 Jan 2018
  • Individuals Reporting: 129

Job Description for Underwriter

Underwriters work primarily in banks which handle loans and mortgages and are responsible for analyzing the risks of a loan based on the data in the application. They also oversee other information in the loan application to ensure it is accurate.

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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.

Underwriter Pay By Employer

$0$131K

$59,848

$68,692

$44,493

Aetna, Inc.
26 profiles
$50,301

$58,883

$67,548

ACE Group
24 profiles
$60,308

$63,242

$63,282

$52,378

Underwriter Job Listings

Pay Difference by Location

National Average: Rs 442,553

Larger city markers indicate a job is popular in that location.

Key Stats for Underwriter

Gender

Female
31 %
Male
69 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.
Less than 1 year
10%
1-4 years
55%
5-9 years
26%
10-19 years
5%
20 years or more
3%

Related Jobs

Experience Affects Underwriter Salaries

▲20%

National Average
Rs 443,000

▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
10%
1-4 years
55%
5-9 years
26%
10-19 years
5%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 7%
vision benefits
Vision: 4%
no benefits
None: 25%