Insurance Analyst
Annual salary range
₹1.1 Lakh - ₹9 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byInsurance Analyst Salary in Mumbai (Updated 2025)
based on 63
latest salaries
• updated:
12 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Insurance Analyst Salary in Mumbai ranges between ₹1.1 Lakh to ₹9 Lakhs for 1 year of experience to 8 years of experience. Salary estimates are based on 63 latest salaries received from Insurance Analyst.
Explore on this page
Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
Xceedance Insurance Analyst Salary
1 year exp |  | |
TCS Insurance Analyst Salary
1 year exp | | |
 Insurance Analyst Salary
1 year exp | | |
Is this list helpful? | ||
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
3 -
10
yrs
exp.
.
Mumbai
(15 salaries)
|
₹3 L/yr - ₹6.8 L/yr | |
4 -
18
yrs
exp.
.
Mumbai
(7 salaries)
|
₹6.5 L/yr - ₹12.5 L/yr | |
Login to view exact salary
| ||
|
2 -
8
yrs
exp.
.
Mumbai
(6 salaries)
|
₹2.8 L/yr - ₹4.1 L/yr | |
2 -
3
yrs
exp.
.
Mumbai
(4 salaries)
|
₹5 L/yr - ₹7 L/yr | |
0 -
5
yrs
exp.
.
Mumbai
(4 salaries)
|
₹1.7 L/yr - ₹3.7 L/yr | |
7 -
12
yrs
exp.
.
Mumbai
(3 salaries)
|
₹7.6 L/yr - ₹10 L/yr | |
0 -
3
yrs
exp.
.
Mumbai
(3 salaries)
|
₹3 L/yr - ₹4.1 L/yr | |
12 -
16
yrs
exp.
.
Mumbai
(3 salaries)
|
₹5 L/yr - ₹11.6 L/yr | |
Login to view exact salary
| ||
3 -
5
yrs
exp.
.
Mumbai
(3 salaries)
|
₹1.8 L/yr - ₹2.3 L/yr | |
7 -
9
yrs
exp.
.
Mumbai
(3 salaries)
|
₹8 L/yr - ₹13 L/yr | |
Latest annual salaries shared by Insurance Analysts
1d ago
Innovative Solutions
Insurance Analyst
1 year exp.
3d ago
Accenture
Insurance Analyst
5 years exp.
3d ago
Exl Technosolutions
Insurance Analyst
4 years exp.
5d ago
ReSource Pro
Insurance Analyst
4 years exp.
5d ago
Genpact
Insurance Analyst
4 years exp.
5d ago
Accenture
Insurance Analyst
7 years exp.
6d ago
EOX Vantage
Insurance Analyst
3 years exp.
6d ago
Tata AIA Life Insurance
Insurance Analyst
7 years exp.
1w ago
Scorpio Marine Management
Insurance Analyst
6 years exp.
1w ago
Willis Group
Insurance Analyst
6 years exp.
View all latest salaries
Insurance Analyst salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(6
salaries)
| ₹1 L/yr - ₹2.5 L/yr |
2
years
(9
salaries)
| ₹1 L/yr - ₹5.5 L/yr |
Login to view exact salary
| |
3
years
(12
salaries)
| ₹2 L/yr - ₹7 L/yr |
4
years
(2
salaries)
| ₹2 L/yr - ₹6.5 L/yr |
5
years
(10
salaries)
| ₹2 L/yr - ₹9 L/yr |
View all salaries by experience
Insurance Analyst Jobs in Mumbai
Insurance Analyst
· 2-5 years
Crisil Limited
Insurance Analyst
· 7-10 years
Zigsaw
Insurance Analyst
· 0-5 years
Flexability Hr Solutions
₹3
L/yr
- ₹5
L/yr
Mumbai
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Process Analyst Salary
1 -
6
years
exp.
(134 salaries)
| ₹2 L/yr - ₹8 L/yr |
Business Analyst Salary
1 -
9
years
exp.
(12.2k salaries)
| ₹3 L/yr - ₹16.4 L/yr |
Login to view exact salary
| |
Quality Analyst Salary
1 -
7
years
exp.
(5.4k salaries)
| ₹2 L/yr - ₹8 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(11.8k salaries)
| ₹3.3 L/yr - ₹17.3 L/yr |
Analyst Salary
0 -
6
years
exp.
(14.5k salaries)
| ₹2.2 L/yr - ₹17 L/yr |
View more similar designations
Salary related reviews by similar designations like Insurance Analyst
Accenture
Analyst in New Delhi
• posted on 25 Jan 2025
Likes
Company is good for salary but work life balance is too bad working hours is too long no fixed time daily working hours should be more than 12 hours.
read more- Salary - Good
+1 more
Dislikes
Work life balance , no social Indian culture festivals celebration on any occasions this is too bad
- Work satisfaction - Bad
+2 more
TCS
Business Analyst in Mumbai
• posted on 14 Dec 2024
Likes
Work culture at TCS was pretty good for me a lot less stressful with all facilities available inside campus.
- Salary - Good
+4 more
Dislikes
Growth is slow in terms of salary and learning. Sometimes you may excellent project opportunities for growth but chances of getting such projects is very low
read more- Promotions - Poor
Xceedance
Insurance Analyst in Gurgaon / Gurugram
• posted on 09 Jul 2022
Likes
Xceedance is a great company with job security and many benefits. The only thing I am a little disappointed is pay scale, rest everything is good here
read more- Skill development - Excellent
+5 more
Top skills for Insurance Analyst
Insurance Analyst Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Insurance Analyst
1 -
8
years
exp.
| ₹2 L/yr - ₹7 L/yr |
Pune
Insurance Analyst
1 -
8
years
exp.
| ₹1.8 L/yr - ₹6 L/yr |
Login to view exact salary
| |
Chennai
Insurance Analyst
1 -
8
years
exp.
| ₹1.2 L/yr - ₹10.6 L/yr |
New Delhi
Insurance Analyst
1 -
8
years
exp.
| ₹1.6 L/yr - ₹6.7 L/yr |
Hyderabad / Secunderabad
Insurance Analyst
1 -
7
years
exp.
| ₹1.6 L/yr - ₹4.8 L/yr |
View More
Insurance Analyst Salary By Industries
| Industries | Avg. annual salary |
|---|---|
IT Services & Consulting Insurance Analyst
1 -
8
years
exp.
| ₹2 L/yr - ₹7.1 L/yr |
Financial Services Insurance Analyst
1 -
8
years
exp.
| ₹1.7 L/yr - ₹7 L/yr |
Login to view exact salary
| |
Software Product Insurance Analyst
1 -
8
years
exp.
| ₹2 L/yr - ₹8 L/yr |
Insurance Insurance Analyst
1 -
8
years
exp.
| ₹1.8 L/yr - ₹7 L/yr |
Analytics & KPO Insurance Analyst
1 -
8
years
exp.
| ₹2 L/yr - ₹8 L/yr |
View More
Frequently Asked Questions (FAQS) about Insurance Analyst Salaries
What is the salary of a Insurance Analyst in India?
The salary of a Insurance Analyst in India varies based on experience, location, company & Industry.
On average, Insurance Analyst salaries ranges from ₹1.1 Lakhs to ₹9.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹1.1 Lakhs to ₹9.0 Lakhs per year, with the highest salary reaching ₹2.7 Lakhs to ₹4.2 Lakhs per year. Salary estimates are based on 63 salaries received from various Insurance Analysts across industries.
The average starting salary is around ₹1.1 Lakhs to ₹9.0 Lakhs per year, with the highest salary reaching ₹2.7 Lakhs to ₹4.2 Lakhs per year. Salary estimates are based on 63 salaries received from various Insurance Analysts across industries.
What are the top paying companies that employ Insurance Analysts?
Insurance Analyst Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| Xceedance Insurance Analyst Salary | ₹2.7 Lakhs to ₹4.2 Lakhs per year |
| TCS Insurance Analyst Salary | ₹2.2 Lakhs to ₹3 Lakhs per year |
| EOX Vantage Insurance Analyst Salary | ₹2 Lakhs to ₹3.5 Lakhs per year |
What are the top paying cities for Insurance Analyst in India?
The annual salary for Insurance Analyst in India varies by location. Top paying cities for Insurance Analyst are
Salary expectations for Insurance Analyst may vary based on job roles, experience, and specific employer requirements.
| Insurance Analyst Salary in Bangalore / Bengaluru | ₹2.0 Lakhs to ₹7.0 Lakhs per year |
| Insurance Analyst Salary in Pune | ₹1.8 Lakhs to ₹6.0 Lakhs per year |
| Insurance Analyst Salary in Chennai | ₹1.2 Lakhs to ₹10.6 Lakhs per year |
| Insurance Analyst Salary in New Delhi | ₹1.6 Lakhs to ₹6.7 Lakhs per year |
| Insurance Analyst Salary in Hyderabad / Secunderabad | ₹1.6 Lakhs to ₹4.8 Lakhs per year |
What are the top paying industries for Insurance Analyst in India?
Top 5 paying Industries for Insurance Analyst in India are:
| Insurance Analyst Salary in IT Services & Consulting | ₹2.0 Lakhs to ₹7.1 Lakhs per year |
| Insurance Analyst Salary in Financial Services | ₹1.7 Lakhs to ₹7.0 Lakhs per year |
| Insurance Analyst Salary in Software Product | ₹2.0 Lakhs to ₹8.0 Lakhs per year |
| Insurance Analyst Salary in Insurance | ₹1.8 Lakhs to ₹7.0 Lakhs per year |
| Insurance Analyst Salary in Analytics & KPO | ₹2.0 Lakhs to ₹8.0 Lakhs per year |
How does experience affect salaries of a Insurance Analyst in India?
Experience significantly impacts a Insurance Analyst salary in India. Salaries increase with experience, as Insurance Analyst take on more complex tasks, responsibilities, and leadership roles.
Insurance Analyst salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹1.0 Lakhs to ₹2.5 Lakhs per year |
| 2 years | ₹1.0 Lakhs to ₹5.5 Lakhs per year |
| 3 years | ₹2.0 Lakhs to ₹7.0 Lakhs per year |
| 4 years | ₹2.0 Lakhs to ₹6.5 Lakhs per year |
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