50% of professionals earn between ₹4,50,000 - ₹12,00,000 INR
The median salary is ₹7,50,000
Unlock percentiles, experience bands and a printable salary report from current market data.
The average salary for a Insurance Underwriter in India is INR 4,50,000 - INR 12,00,000 per year in 2026. The median salary is INR 9,75,000 per year, based on 1,585 active job listings.
The cities with the most Insurance Underwriter job opportunities in India are Bengaluru, Mumbai, Chennai, Pune, Hyderabad. Bengaluru leads with 274 job openings.
Leading employers for Insurance Underwriter roles in India include BimaKavach.
Explore 1,585 Insurance Underwriter job listings in India on BeBee, or check our salary calculator for a personalized estimate.