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Quantitative Analyst

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Quantitative Analyst Salary in Insurance in India

based on 8 latest salaries • updated: 18 Jan 2025
Select an experience to get the exact salary

Annual salary range

₹12 Lakhs - ₹21.1 Lakhs

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Low Confidence means the data is based on a small number of latest salaries.
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Experience wise Quantitative Analyst salaries

Years of experience Avg. Annual Salary
Fresher
(1 salaries)
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₹19 L/yr - ₹19 L/yr

2 years
(2 salaries)
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₹12 L/yr - ₹13 L/yr

3 years
(2 salaries)
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₹17 L/yr - ₹20 L/yr

4 years
(3 salaries)
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₹16.5 L/yr - ₹21.1 L/yr

Quantitative Analyst Salary in India ranges between ₹12 Lakhs to ₹21.1 Lakhs for less than 1 year of experience to 4 years of experience . Salary estimates are based on 8 latest salaries received from Quantitative Analyst.
See latest salaries

Quantitative Analyst salaries in different departments

Department Avg Annual Salary
Finance & Accounting
Quantitative Analyst Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹19 L/yr

BFSI, Investments & Trading
Quantitative Analyst Salary
3 years exp. (AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr

Latest annual salaries shared by Quantitative Analysts

3d ago

Morningstar

Quantitative Analyst

1 year exp.

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4d ago

Crisil

Quantitative Analyst

1 year exp.

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5d ago

Indxx Capital Management Services

Quantitative Analyst

3 years exp.

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5d ago

Galytix Analytics

Quantitative Analyst

4 years exp.

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6d ago

HSBC Group

Quantitative Analyst

1 year exp.

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1w ago

Jane Street

Quantitative Analyst

5 years exp.

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1w ago

Dolat Capital Market

Quantitative Analyst

4 months exp.

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1w ago

Acies Consulting

Quantitative Analyst

3 years exp.

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1w ago

Dolat Capital Market

Quantitative Analyst

1 year exp.

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1w ago

Wells Fargo

Quantitative Analyst

2 years exp.

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View all latest salaries

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Top Paying Companies for Quantitative Analyst

Quantitative Analyst Jobs in India

Quantitative Analyst

· 1-4 years

Franklin Templeton

·
4.2

Quantitative Analyst

· 9-11 years

Morningstar

·
3.9

Thane

Quantitative Analyst

· 3-7 years

Quess Corp Limited

·
3.9

View all Quantitative Analyst jobs

Similar Designation Salaries for Quantitative Analyst

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Business Analyst Salary
1 - 9 years exp.
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₹3.6 L/yr - ₹15 L/yr

Senior Analyst Salary
2 - 8 years exp.
(1.4k salaries)
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₹3 L/yr - ₹14 L/yr

Senior Data Analyst Salary
2 - 9 years exp.
(197 salaries)
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₹3.8 L/yr - ₹20 L/yr

View more similar designations

Top skills for Quantitative Analyst

19 Quantitative Analyst jobs demanding these skills arrow-logo

Quantitative Analyst Salary By Locations

Locations Avg Annual Salary
Mumbai
Quantitative Analyst
0 - 6 years exp.
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₹5.5 L/yr - ₹33 L/yr

Bangalore / Bengaluru
Quantitative Analyst
0 - 5 years exp.
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₹2.6 L/yr - ₹33 L/yr

Pune
Quantitative Analyst
0 - 5 years exp.
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₹3 L/yr - ₹20 L/yr

New Delhi
Quantitative Analyst
0 - 5 years exp.
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₹3 L/yr - ₹26 L/yr

Gurgaon / Gurugram
Quantitative Analyst
0 - 5 years exp.
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₹6 L/yr - ₹41 L/yr

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Quantitative Analyst Salary In Other Industries

Industries Avg Annual Salary
Financial Services
Quantitative Analyst
0 - 6 years exp.
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₹5.5 L/yr - ₹34 L/yr

Analytics & KPO
Quantitative Analyst
0 - 5 years exp.
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₹5 L/yr - ₹24.9 L/yr

Internet
Quantitative Analyst
0 - 5 years exp.
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₹5.1 L/yr - ₹26 L/yr

IT Services & Consulting
Quantitative Analyst
0 - 5 years exp.
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₹2.4 L/yr - ₹34 L/yr

Consulting
Quantitative Analyst
0 - 5 years exp.
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₹5 L/yr - ₹33 L/yr

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Frequently Asked Questions about Quantitative Analyst Salaries

What is the salary of a Quantitative Analyst in India?
Salary for a Quantitative Analyst in India ranges between ₹12.0 Lakhs to ₹21.1 Lakhs per year. Salary estimates are based on 8 latest salaries received from various Quantitative Analysts across industries.
What are the top paying companies that employ Quantitative Analysts?
What is the starting salary for a Quantitative Analyst in India?
Average starting Salary for Quantitative Analyst in India is around ₹12.0 Lakhs per year (₹1.0L per month). No prior experience is required to be a Quantitative Analyst.
What is the highest salary for a Quantitative Analyst in India?
Highest salary that a Quantitative Analyst can earn is ₹42.0 Lakhs per year (₹3.5L per month).
What are the top paying industries for Quantitative Analyst in India?
What are the top paying cities for Quantitative Analyst in India?
What are the popular/top skills required to become a Quantitative Analyst?
These are the top skills of a Quantitative Analyst based on 19 jobs posted by employers.
  • SQL
  • Python
  • Data Analytics
  • Data Analysis
  • Machine Learning

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Quantitative Analyst Interview Questions and Answers
Q1. How would you approach the implementation of a new financial product
asked in Julius Baer Group
View answer (1)
Q2. If there are 2 time series model how to check if both have same distribution
asked in UBS
View answer (1)
Q3. If you want to check if an OLS is best fit how would you quantify
asked in UBS
View answer (1)
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