Earning potential of an Underwriting job.

How much is the salary that I can expect out of this job of an Underwriter?

The salary or remuneration that you can expect depends on you as an employee, loyalty, experience and area of specialisation. If you are employed in a bank or insurance company than you are more likely to get better paid as compared to private agencies or real estate firms. There are huge bonus, incentive, commission or brokerage, insurance coverage, retirement benefits and allowance plans apart from the fixed salary that you can receive from the company. The starting salary that you can expect should range from Rs.10,000/- to Rs. 15,000/- plus brokerage per month. But as you get more experienced in this field, as an underwriter, you can reach high positions as that of a senior underwriter where you will most definitely get a higher salary package. And salary won’t be a reason to worry once you are experienced and sitting on a high post.
Again, there are various different industries that one can go into as underwriter category is further divided into four major categories which you can apply as per your interest and educational qualification. Salaries do not vary too much but there is a definite pattern that one can notice in the salary package of a life insurance underwriter and a health insurance underwriter. Banks and mortgage firms offer more as compared to health insurance companies. Thus, it is advisable to choose your career very wisely.