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An underwriting account manager is responsible for managing and overseeing the underwriting process for insurance policies. They work closely with insurance agents, brokers, and clients to evaluate risks, review applications, and determine appropriate coverage levels. The underwriting account manager assesses the financial stability and credibility of potential policyholders, analyzes data and documents, and makes informed decisions on whether to approve or deny insurance applications. They also negotiate policy terms and conditions, ensuring compliance with company guidelines and regulations. Additionally, underwriting account managers monitor policy renewals, handle policy changes, and provide support and guidance to clients throughout the policy lifecycle. Strong analytical skills, attention to detail, and excellent communication abilities are crucial for success in this role.
Estimated Yearly Salary: 2,249,660 INR
Estimated Monthly Salary: 187,472 INR
Estimated Weekly Salary: 43,263 INR per week
Estimated Hourly Salary: 1,082 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 181,125 INR
Estimated Weekly Salary: 41,798 INR per week
Estimated Hourly Salary: 1,045 INR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 24,932 USD
Estimated Monthly Salary: 2,078 USD
Estimated Weekly Salary: 479 USD per week
Estimated Hourly Salary: 12 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: 2,249,660 INR
Estimated Monthly Salary: 187,472 INR
Estimated Weekly Salary: 43,263 INR per week
Estimated Hourly Salary: 1,082 INR per hour
By working as Underwriting Account Manager a person can save up to 1,182 USD per month or 14,190 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 Underwriting Account Manager
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Account Manager salary in India
Average Yearly Salary of Underwriting Account Manager in India is approximately 2,249,660 INR (24,932 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 Underwriting Account Manager do?
An underwriting account manager is responsible for managing and overseeing the underwriting process for insurance policies. They work closely with insurance agents, brokers, and clients to evaluate risks, review applications, and determine appropriate coverage levels. The underwriting account manager assesses the financial stability and credibility of potential policyholders, analyzes data and documents, and makes informed decisions on whether to approve or deny insurance applications. They also negotiate policy terms and conditions, ensuring compliance with company guidelines and regulations. Additionally, underwriting account managers monitor policy renewals, handle policy changes, and provide support and guidance to clients throughout the policy lifecycle. Strong analytical skills, attention to detail, and excellent communication abilities are crucial for success in this role.
Skills: underwriting, account management, risk assessment, insurance policies, client relations, policy lifecycle
Job industry: Insurance
Job industry: Insurance
How much does Underwriting Account Manager make?
Salary details
How much does Underwriting Account Manager make?Estimated Yearly Salary: 2,249,660 INR
Estimated Monthly Salary: 187,472 INR
Estimated Weekly Salary: 43,263 INR per week
Estimated Hourly Salary: 1,082 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,173,500 INREstimated Monthly Salary: 181,125 INR
Estimated Weekly Salary: 41,798 INR per week
Estimated Hourly Salary: 1,045 INR per hour
Last revision of data: 2024-01-02Underwriting Account Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 24,932 USD
Estimated Monthly Salary: 2,078 USD
Estimated Weekly Salary: 479 USD per week
Estimated Hourly Salary: 12 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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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 Underwriting Account Manager job salary compared to average salary in India.
Comparison shows that a person working as Underwriting Account Manager in India earns on average:
1.22 times the average salary (or 122% 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 Underwriting Account Manager job salary compared to average salary in India.
Comparison shows that a person working as Underwriting Account Manager in India earns on average:
1.22 times the average salary (or 122% of average salary).
Is Underwriting Account Manager a well paid job?
Yes, our data shows that Underwriting Account Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Underwriting Account Manager?
High salary for Underwriting Account Manager would be somewhere between 2,474,626 INR and 3,262,007 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Account 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: 2,249,660 INR
Estimated Monthly Salary: 187,472 INR
Estimated Weekly Salary: 43,263 INR per week
Estimated Hourly Salary: 1,082 INR per hour
By working as Underwriting Account Manager a person can save up to 1,182 USD per month or 14,190 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 Underwriting Account Manager
Pakistan is 1,768 USD
China is 14,394 USD
Nepal is 8,194 USD
Bangladesh is 3,152 USD
Afghanistan is 6,700 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.)
2. Cardiologist
(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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(16,022,930 INR per year, pre-tax.)
7. Urologist
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
9. Oncologist
(15,984,385 INR per year, pre-tax.)
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Data as of 2025Random salary:
Water quality engineer (2,720,747 INR per year, pre-tax.)
Intake specialist (1,073,446 INR per year, pre-tax.)
Shipping agent (1,321,235 INR per year, pre-tax.)
Radiology director (4,215,330 INR per year, pre-tax.)
Medical clinical specialist (3,007,800 INR per year, pre-tax.)
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