A person working as a Junior Underwriter in India will on average earn $22156 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $22,156.00 |
| Weekly salary | $426.08 |
| Daily salary | $60.70 |
| Hourly salary | $7.59 |
This means junior underwriter salary is below average!
Job Industry: insurance
Description: A junior underwriter is a professional responsible for assisting senior underwriters in evaluating and analyzing insurance applications. They play a crucial role in the insurance industry by assessing risks associated with potential clients and determining the terms and conditions of insurance policies. Junior underwriters review applications, gather relevant information, and perform risk analysis using established guidelines and procedures. They collaborate with senior underwriters to make recommendations on policy approvals, modifications, or rejections. Additionally, they may assist in preparing reports, maintaining records, and communicating with clients or agents to clarify information or request additional documentation. Attention to detail, analytical skills, and knowledge of insurance policies and regulations are essential for this role.
Tagged with: Junior Underwriter, Risk Analysis, Insurance Applications, Policy Evaluation, Underwriting Guidelines, Risk Assessment