Home > Salary > India > Underwriting Supervisor
An underwriting supervisor is responsible for overseeing the underwriting process in an insurance company or financial institution. They supervise a team of underwriters and ensure that they adhere to company policies and guidelines. The main duties of an underwriting supervisor include reviewing and approving or denying insurance applications, analyzing risk factors, determining premiums, and providing guidance and support to the underwriting team. They also collaborate with other departments such as claims and sales to resolve any issues or concerns related to underwriting decisions. Strong analytical and decision-making skills are essential for this role, as well as excellent communication and leadership abilities. An underwriting supervisor should have a deep understanding of insurance regulations and industry trends to effectively manage risks and maintain profitability.
Estimated Yearly Salary: 2,747,767 INR
Estimated Monthly Salary: 228,981 INR
Estimated Weekly Salary: 52,842 INR per week
Estimated Hourly Salary: 1,321 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 221,378 INR
Estimated Weekly Salary: 51,087 INR per week
Estimated Hourly Salary: 1,277 INR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 30,554 USD
Estimated Monthly Salary: 2,546 USD
Estimated Weekly Salary: 588 USD per week
Estimated Hourly Salary: 15 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: 2,747,767 INR
Estimated Monthly Salary: 228,981 INR
Estimated Weekly Salary: 52,842 INR per week
Estimated Hourly Salary: 1,321 INR per hour
By working as Underwriting Supervisor a person can save up to 1,651 USD per month or 19,812 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 Supervisor
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Surgeon (9,526,850 INR per year, pre-tax.)
Mental health case manager (1,498,618 INR per year, pre-tax.)
Director of managed care (4,703,457 INR per year, pre-tax.)
Field marketing manager (2,175,039 INR per year, pre-tax.)
Acid etch operator (1,320,473 INR per year, pre-tax.)
Underwriting Supervisor salary in India
Average Yearly Salary of Underwriting Supervisor in India is approximately 2,747,767 INR (30,554 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 Supervisor do?
An underwriting supervisor is responsible for overseeing the underwriting process in an insurance company or financial institution. They supervise a team of underwriters and ensure that they adhere to company policies and guidelines. The main duties of an underwriting supervisor include reviewing and approving or denying insurance applications, analyzing risk factors, determining premiums, and providing guidance and support to the underwriting team. They also collaborate with other departments such as claims and sales to resolve any issues or concerns related to underwriting decisions. Strong analytical and decision-making skills are essential for this role, as well as excellent communication and leadership abilities. An underwriting supervisor should have a deep understanding of insurance regulations and industry trends to effectively manage risks and maintain profitability.
Skills: Underwriting supervisor, Insurance, Risk analysis, Team management, Policy compliance, Communication skills
Job industry: Finance
Job industry: Finance
How much does Underwriting Supervisor make?
Salary details
How much does Underwriting Supervisor make?Estimated Yearly Salary: 2,747,767 INR
Estimated Monthly Salary: 228,981 INR
Estimated Weekly Salary: 52,842 INR per week
Estimated Hourly Salary: 1,321 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,656,530 INREstimated Monthly Salary: 221,378 INR
Estimated Weekly Salary: 51,087 INR per week
Estimated Hourly Salary: 1,277 INR per hour
Last revision of data: 2024-01-05Underwriting Supervisor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 30,554 USD
Estimated Monthly Salary: 2,546 USD
Estimated Weekly Salary: 588 USD per week
Estimated Hourly Salary: 15 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
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
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 Underwriting Supervisor job salary compared to average salary in India.
Comparison shows that a person working as Underwriting Supervisor in India earns on average:
1.48 times the average salary (or 148% 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 Supervisor job salary compared to average salary in India.
Comparison shows that a person working as Underwriting Supervisor in India earns on average:
1.48 times the average salary (or 148% of average salary).
Is Underwriting Supervisor a well paid job?
Yes, our data shows that Underwriting Supervisor 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 Supervisor?
High salary for Underwriting Supervisor would be somewhere between 3,022,544 INR and 3,984,262 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Supervisor 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: 2,747,767 INR
Estimated Monthly Salary: 228,981 INR
Estimated Weekly Salary: 52,842 INR per week
Estimated Hourly Salary: 1,321 INR per hour
By working as Underwriting Supervisor a person can save up to 1,651 USD per month or 19,812 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 Supervisor
Pakistan is 2,159 USD
China is 17,478 USD
Nepal is 9,999 USD
Bangladesh is 3,837 USD
Afghanistan is 8,196 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.)
(16,859,303 INR per year, pre-tax.)
4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(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.)
(15,947,550 INR per year, pre-tax.)
Data as of 2025Random salary:
Surgeon (9,526,850 INR per year, pre-tax.)
Mental health case manager (1,498,618 INR per year, pre-tax.)
Director of managed care (4,703,457 INR per year, pre-tax.)
Field marketing manager (2,175,039 INR per year, pre-tax.)
Acid etch operator (1,320,473 INR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=india&job=underwriting-supervisor'><img src='https://optisalary.com/wp-content/graphs/salary/underwriting-supervisor-salary-in-india-2025.jpg' alt='underwriting supervisor salary in india 2025' title='underwriting supervisor salary in india 2025' /></a>
Please note:The salary figures presented here are intended for informational purposes only.
The salary estimates on this website are meant for reference use exclusively. We compile salary data from varied providers, but do not guarantee complete precision. Users must on their own verify salaries before making career decisions. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We deny any warranty regarding the validity of the listed salary data. By using this site, you agree that salary data is not definitive.
Salary details displayed on this website are meant for reference use only. Our data comes from various inputs and may not always be accurate. Users should cross-reference salary information through other means before making financial commitments. The figures shown here may fluctuate due to variables such as location, industry standards, and individual skill sets. We cannot guarantee that the information provided is flawless. By accessing this website, you agree that salary information is offered 'as is' and without warranties.