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A National Underwriting Manager is responsible for overseeing the underwriting process of insurance policies on a national scale. They manage a team of underwriters, ensuring adherence to company policies and guidelines. Their primary role involves evaluating risk factors, analyzing financial data, and making informed decisions regarding policy approval or denial. They collaborate with agents, brokers, and other stakeholders to provide guidance and support in underwriting complex cases. Additionally, they monitor industry trends, regulatory changes, and competitor activities to develop strategies that enhance underwriting performance and profitability. Strong analytical skills, attention to detail, and sound judgment are essential for this role, as the National Underwriting Manager plays a crucial role in managing risk and ensuring the company's financial stability.
Estimated Yearly Salary: 3,978,301 INR
Estimated Monthly Salary: 331,525 INR
Estimated Weekly Salary: 76,506 INR per week
Estimated Hourly Salary: 1,913 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 320,175 INR
Estimated Weekly Salary: 73,887 INR per week
Estimated Hourly Salary: 1,847 INR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 44,239 USD
Estimated Monthly Salary: 3,687 USD
Estimated Weekly Salary: 851 USD per week
Estimated Hourly Salary: 21 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 3,978,301 INR
Estimated Monthly Salary: 331,525 INR
Estimated Weekly Salary: 76,506 INR per week
Estimated Hourly Salary: 1,913 INR per hour
By working as National Underwriting Manager a person can save up to 2,791 USD per month or 33,497 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for National Underwriting Manager
Last revision of data: 2025-01-04
Data as of 2025
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National Underwriting Manager salary in India
Average Yearly Salary of National Underwriting Manager in India is approximately 3,978,301 INR (44,239 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does National Underwriting Manager do?
A National Underwriting Manager is responsible for overseeing the underwriting process of insurance policies on a national scale. They manage a team of underwriters, ensuring adherence to company policies and guidelines. Their primary role involves evaluating risk factors, analyzing financial data, and making informed decisions regarding policy approval or denial. They collaborate with agents, brokers, and other stakeholders to provide guidance and support in underwriting complex cases. Additionally, they monitor industry trends, regulatory changes, and competitor activities to develop strategies that enhance underwriting performance and profitability. Strong analytical skills, attention to detail, and sound judgment are essential for this role, as the National Underwriting Manager plays a crucial role in managing risk and ensuring the company's financial stability.
Skills: National Underwriting Manager, Insurance Underwriting, Risk Assessment, Financial Analysis, Policy Approval, Team Management
Job industry: Insurance
Job industry: Insurance
How much does National Underwriting Manager make?
Salary details
How much does National Underwriting Manager make?Estimated Yearly Salary: 3,978,301 INR
Estimated Monthly Salary: 331,525 INR
Estimated Weekly Salary: 76,506 INR per week
Estimated Hourly Salary: 1,913 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,842,100 INREstimated Monthly Salary: 320,175 INR
Estimated Weekly Salary: 73,887 INR per week
Estimated Hourly Salary: 1,847 INR per hour
Last revision of data: 2024-01-07National Underwriting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 44,239 USD
Estimated Monthly Salary: 3,687 USD
Estimated Weekly Salary: 851 USD per week
Estimated Hourly Salary: 21 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated National Underwriting Manager job salary compared to average salary in India.
Comparison shows that a person working as National Underwriting Manager in India earns on average:
2.15 times the average salary (or 215% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated National Underwriting Manager job salary compared to average salary in India.
Comparison shows that a person working as National Underwriting Manager in India earns on average:
2.15 times the average salary (or 215% of average salary).
Is National Underwriting Manager a well paid job?
Yes, our data show that National Underwriting Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for National Underwriting Manager?
High salary for National Underwriting Manager would be somewhere between 4,376,131 INR and 5,768,536 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as National Underwriting Manager in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 3,978,301 INR
Estimated Monthly Salary: 331,525 INR
Estimated Weekly Salary: 76,506 INR per week
Estimated Hourly Salary: 1,913 INR per hour
By working as National Underwriting Manager a person can save up to 2,791 USD per month or 33,497 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for National Underwriting Manager
Pakistan is 3,124 USD
China is 25,317 USD
Nepal is 14,540 USD
Bangladesh is 5,555 USD
Afghanistan is 11,840 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
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Data as of 2025Random salary:
Tamper operator (1,602,720 INR per year, pre-tax.)
Software librarian (1,471,851 INR per year, pre-tax.)
Talent acquisition partner (2,604,911 INR per year, pre-tax.)
Audiology supervisor (2,534,854 INR per year, pre-tax.)
Certified occupational therapy assistant (cota) (1,758,285 INR per year, pre-tax.)
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