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Annual salary range
0 - 9 years exp.
₹2.8
Lakhs - ₹9
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
Underwriter Salary at Mphasis ranges between ₹2.8 Lakhs to ₹9 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 105 latest salaries received from...
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At par with the average Underwriter Salary in IT Services & Consulting Companies for 0 - 9 years of experience
Interested in this particular role?
Companies similar to Mphasis for Underwriter
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 EXL Service Underwriter Salary
1 - 8 years exp. (32 salaries) |  ₹2 L/yr - ₹6 L/yr 
31%
less | |
 Coforge Underwriter Salary
2 - 5 years exp. (8 salaries) | ₹2.5 L/yr - ₹4.6 L/yr
40%
less | |
Login to view exact salary
| ||
 Sutherland Global Services Underwriter Salary
3 - 5 years exp. (5 salaries) | ₹2.4 L/yr - ₹3.6 L/yr
41%
less | |
 SitusAMC Underwriter Salary
3 - 12 years exp. (397 salaries) | ₹3.5 L/yr - ₹11.5 L/yr 
33%
more | |
 Firstsource Solutions Underwriter Salary
1 - 9 years exp. (79 salaries) | ₹2.5 L/yr - ₹9.7 L/yr
3%
less | 2 job openings |
Latest annual salaries shared by Mphasis Underwriter
3d ago
₹7.3
Lakhs
3
years
exp.
3d ago
₹5.6
Lakhs
5
months
exp.
1w ago
₹3.4
Lakhs
4
years
exp.
1w ago
₹8
Lakhs
9
years
exp.
2w ago
₹6.6
Lakhs
7
years
exp.
2w ago
5
years
exp.
2w ago
2
months
exp.
3w ago
7
years
exp.
3w ago
6
years
exp.
1mo ago
5
years
exp.
Mphasis Underwriter salaries by
| Years of experience | Avg. annual salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹3.5
L/yr
- ₹4.5
L/yr
|
| 1 year (8 salaries) |
₹3
L/yr
- ₹7.7
L/yr
|
Login to view exact salary
| |
| 2 years (9 salaries) |
₹2.8
L/yr
- ₹8.4
L/yr
|
| 3 years (23 salaries) |
₹3
L/yr
- ₹8.5
L/yr
|
| 4 years (9 salaries) |
₹3.4
L/yr
- ₹7.5
L/yr
|
View all salaries by experience
Similar Designation Salaries at Mphasis
| Similar Designation | Avg. annual salary |
|---|---|
Senior Underwriter Salary
(30 salaries)
| ₹4.2 L/yr - ₹10 L/yr |
Analyst Salary
(218 salaries)
| ₹1.8 L/yr - ₹9 L/yr |
Login to view exact salary
| |
Mortgage Underwriter Salary
(107 salaries)
| ₹2.2 L/yr - ₹8.2 L/yr |
Team Lead Salary
(342 salaries)
| ₹13.6 L/yr - ₹25 L/yr |
Underwriting Analyst Salary
(4 salaries)
| ₹4.2 L/yr - ₹6 L/yr |
View more similar designations
What people are saying about Mphasis
View All
a data scientist
5d
Best organization in terms of Learning, Opportunity, WLB
Current Role: Data Scientist (Gen AI)
YOE: 5.5
CCTC: 18.5 LPA
Offers I have:
1. Quantiphi Analytics (Bangalore) - 32.9 LPA (29 Fixed + 1 JB + 2.9 Variable)
2. STG Labs (Bangalore) - 33 LPA (32 Fixed + 1 JB)
3. Rakuten Symphony (Bangalore) - 32.8 LPA (28 Fixed + 1 JB + 2.8 Bonus)
4. IBM (Hometown) - 32.5 LPA (Fixed)
Offers in Pipeline:
1. Programmers.io - Remote
2. Worley - Remote
3. C5i - Bangalore
4. Wipro - Bangalore
5. Capgemini - Hometown
6. MPhasis - Hyderabad
I want to know which organization will best considering Learning, Opportunity, WLB.
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Salary related reviews for Mphasis
Mphasis Underwriter Salary FAQs
What is the salary of Underwriter at Mphasis ?
The average salary of a Underwriter at Mphasis in India typically ranges from ₹2.8 Lakhs to ₹9.0 Lakhs per year, depending on experience (from Fresher to 9 years).
The top 10% of Underwriter at Mphasis earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Underwriter Salaries at Mphasis 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 100+ Mphasis employees in India.
The top 10% of Underwriter at Mphasis earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Underwriter Salaries at Mphasis 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 100+ Mphasis employees in India.
What is the estimated take home salary of a Underwriter at Mphasis in India?
The estimated take-home salary of a Underwriter at Mphasis in India typically ranges from ₹43,158 to ₹44,277 per month. This is based on the average salary range of
₹2.8 Lakhs to ₹9.0 Lakhs
per year for employees with experience ranging from Fresher to 9 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 100+ salaries received from various employees of Mphasis. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Underwriter at Mphasis ?
To be a Underwriter at Mphasis in india, the key skills required include:
These skills are highly valued at Mphasis and are crucial for successful performance in a Software Engineering role.
- - Underwriting
- - US Mortgage
- - Customer Service
- - Data Entry
- - Tax Returns
These skills are highly valued at Mphasis and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Mphasis for Underwriter in India?
| SitusAMC | ₹3.5 Lakhs to ₹11.5 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Mphasis, depending on the role and experience level.
What is the salary of a Underwriter in companies similar to Mphasis in India?
The salary of a Underwriter at companies similar to Mphasis in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Firstsource Solutions | ₹2.5 Lakhs to ₹9.7 Lakhs per year |
| EXL Service | ₹2.0 Lakhs to ₹6.0 Lakhs per year |
| Coforge | ₹2.5 Lakhs to ₹4.6 Lakhs per year |
| Sutherland Global Services | ₹2.4 Lakhs to ₹3.6 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 Underwriter at Mphasis in India?
The salary growth for a Underwriter at Mphasis depends on factors such as experience, performance, and promotions. On average, a Underwriter can expect the following growth trajectory at Mphasis:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹3.5 Lakhs to ₹4.5 Lakhs per year |
| 1 year | ₹3.0 Lakhs to ₹7.7 Lakhs per year |
| 2 years | ₹2.8 Lakhs to ₹8.4 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹8.5 Lakhs per year |
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Mphasis Underwriter salary
in
India
ranges between ₹2.8
Lakhs to ₹9
Lakhs with an average annual salary of
₹. Salary estimates are based on
105
Mphasis latest salaries received from various employees of
Mphasis.