I thought the hue of the blue in underwater is adjusted in camera settings f-stop/shutter speed, e.g sunburst shots etc.
The exposure- fstop/shutter/iso controls the exposure of your background- not the color. However, if you severely overexposure your background colors will be washed out, the background should normally be a little underexposed to bring out the colors that are determined by your white-balance.
Think of it like this, there is only one "acceptable" color for your foreground, the realistic color.
If I put on a warming filter and keep the same white-balance as I do without the filter, then the foreground will be way too warm and the water will be the same color as before.
The white-balance can only make global changes on your image, either your entire image is warmed by the white-balance, or the entire image is cooled by the whitebalance.
So imagine you have an image with a really warm foreground and a pretty dull (not blue) background (taken with filters).
Now we use the kelvin slider in your RAW processing program to turn the entire image colder.
This means that the foreground which was too warm will now be the correct color, but your dull background, not lit by your strobe will become colder and colder, giving you a nice blue background without making your subject cold as well.
I use lee straw filters, when I do wide-angle dives I bring a total of 8 filters with me, 4 for each strobe.
2 yellow'ish and 2 red'ish. In the beginning of the dive I put on what I think will be appropriate, if its sunny and clear water you wont need as many as if its overcast and murky.
I set my whitebalance to Kelvin and play around, once I have found a pleasing color, background and foreground, then I start shooting!
On my first few dives with this I took some notes on which filters I should use for which conditions, and which white-balance I should set for which filters and now, after maybe 5-6 dives playing around it comes naturally, just like you sort of know which exposure to set when you imagine your shot.
Hope you can make sense of the above!
Happy (blue) bubbles, Morten!