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A Regional Underwriting Manager is responsible for overseeing the underwriting activities within a specific geographical region. They manage a team of underwriters and ensure that underwriting decisions are made in accordance with company policies and guidelines. The role involves analyzing and evaluating risks associated with insurance applications, reviewing underwriting files, and making final underwriting decisions. Regional Underwriting Managers also collaborate with other departments such as sales and claims to provide support and guidance on underwriting matters. They may participate in training and development programs to enhance the skills and knowledge of their team members. Effective communication and negotiation skills are essential for this role, as Regional Underwriting Managers often interact with agents, brokers, and clients to resolve complex underwriting issues.
Estimated Yearly Salary: 5,142,694 INR
Estimated Monthly Salary: 428,558 INR
Estimated Weekly Salary: 98,898 INR per week
Estimated Hourly Salary: 2,472 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 415,313 INR
Estimated Weekly Salary: 95,841 INR per week
Estimated Hourly Salary: 2,396 INR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 57,130 USD
Estimated Monthly Salary: 4,761 USD
Estimated Weekly Salary: 1,099 USD per week
Estimated Hourly Salary: 27 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 5,142,694 INR
Estimated Monthly Salary: 428,558 INR
Estimated Weekly Salary: 98,898 INR per week
Estimated Hourly Salary: 2,472 INR per hour
By working as Regional Underwriting Manager a person can save up to 3,866 USD per month or 46,388 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 Regional Underwriting Manager
Last revision of data: 2025-01-04
Data as of 2025
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Regional Underwriting Manager salary in India
Average Yearly Salary of Regional Underwriting Manager in India is approximately 5,142,694 INR (57,130 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 Regional Underwriting Manager do?
A Regional Underwriting Manager is responsible for overseeing the underwriting activities within a specific geographical region. They manage a team of underwriters and ensure that underwriting decisions are made in accordance with company policies and guidelines. The role involves analyzing and evaluating risks associated with insurance applications, reviewing underwriting files, and making final underwriting decisions. Regional Underwriting Managers also collaborate with other departments such as sales and claims to provide support and guidance on underwriting matters. They may participate in training and development programs to enhance the skills and knowledge of their team members. Effective communication and negotiation skills are essential for this role, as Regional Underwriting Managers often interact with agents, brokers, and clients to resolve complex underwriting issues.
Skills: Regional Underwriting Manager, Insurance, Risk Assessment, Underwriting Guidelines, Team Management, Communication Skills
Job industry: Insurance
Job industry: Insurance
How much does Regional Underwriting Manager make?
Salary details
How much does Regional Underwriting Manager make?Estimated Yearly Salary: 5,142,694 INR
Estimated Monthly Salary: 428,558 INR
Estimated Weekly Salary: 98,898 INR per week
Estimated Hourly Salary: 2,472 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,983,750 INREstimated Monthly Salary: 415,313 INR
Estimated Weekly Salary: 95,841 INR per week
Estimated Hourly Salary: 2,396 INR per hour
Last revision of data: 2024-01-03Regional Underwriting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 57,130 USD
Estimated Monthly Salary: 4,761 USD
Estimated Weekly Salary: 1,099 USD per week
Estimated Hourly Salary: 27 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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 Regional Underwriting Manager job salary compared to average salary in India.
Comparison shows that a person working as Regional Underwriting Manager in India earns on average:
2.78 times the average salary (or 278% 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 Regional Underwriting Manager job salary compared to average salary in India.
Comparison shows that a person working as Regional Underwriting Manager in India earns on average:
2.78 times the average salary (or 278% of average salary).
Is Regional Underwriting Manager a well paid job?
Yes, our data show that Regional 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 Regional Underwriting Manager?
High salary for Regional Underwriting Manager would be somewhere between 5,656,963 INR and 7,456,906 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Regional 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: 5,142,694 INR
Estimated Monthly Salary: 428,558 INR
Estimated Weekly Salary: 98,898 INR per week
Estimated Hourly Salary: 2,472 INR per hour
By working as Regional Underwriting Manager a person can save up to 3,866 USD per month or 46,388 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 Regional Underwriting Manager
Pakistan is 4,036 USD
China is 32,802 USD
Nepal is 18,834 USD
Bangladesh is 7,241 USD
Afghanistan is 15,373 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
(21,041,458 INR per year, pre-tax.)
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(17,441,897 INR per year, pre-tax.)
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4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
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7. Urologist
(16,021,806 INR per year, pre-tax.)
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9. Oncologist
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Data as of 2025Random salary:
Area sales development manager (2,787,147 INR per year, pre-tax.)
Business director (3,227,310 INR per year, pre-tax.)
Outpatient surgical coder (1,610,252 INR per year, pre-tax.)
Compliance manager (3,095,640 INR per year, pre-tax.)
Glass setter (814,347 INR per year, pre-tax.)
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