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Axis Max Life Insurance Business Analyst salaries in Pune (Updated 2025)

Annual salary range
2 - 6 years exp.
₹4.1 Lakhs - ₹7.1 Lakhs
Salary of majority employees
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40% less than the average Business Analyst Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Data Science & Analytics
Business Analyst Salary
2 - 5 years exp. (6 salaries)
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₹4.1 L/yr - ₹8 L/yr

BFSI, Investments & Trading
Business Analyst Salary
6 years exp. (AmbitionBox Estimate)
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₹5.3 L/yr - ₹6.4 L/yr

Consulting
Business Analyst Salary
4 years exp. (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr

Last Updated: 28 Jan 2025

Companies similar to Axis Max Life Insurance for Business Analyst in Pune

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Axis Max Life Insurance Business Analyst Salary

2 - 6 years exp. (9 salaries)

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₹4.1 L/yr - ₹7.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.8 L/yr - ₹16.4 L/yr

arrow icon 49% more
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₹4.5 L/yr - ₹14.4 L/yr

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Allianz Business Analyst Salary

3 - 8 years exp. (22 salaries)

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₹5.2 L/yr - ₹18.3 L/yr

arrow icon 78% more
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Gallagher Business Analyst Salary

2 - 8 years exp. (21 salaries)

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₹2.8 L/yr - ₹11 L/yr

At par
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₹4.8 L/yr - ₹12.1 L/yr

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Tata AIA Life Insurance Business Analyst Salary

4 - 10 years exp. (12 salaries)

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₹4 L/yr - ₹9 L/yr

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HDFC Life Business Analyst Salary

3 - 8 years exp. (11 salaries)

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₹4.2 L/yr - ₹12 L/yr

arrow icon 23% more
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₹5.8 L/yr - ₹11.5 L/yr

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₹5 L/yr - ₹10.7 L/yr

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₹7.1 L/yr - ₹9.5 L/yr

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MetLife Business Analyst Salary

3 - 5 years exp. (3 salaries)

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₹7 L/yr - ₹9 L/yr

arrow icon 19% more
Business Analyst salary at Axis Max Life Insurance ranges between ₹4.1 Lakhs to ₹7.1 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Axis Max Life Insurance.

Latest annual salaries shared by Axis Max Life Insurance Business Analyst in Pune

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Experience wise Axis Max Life Insurance Business Analyst salaries in Pune

Last Updated: 28 Jan 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.3 L/yr
3 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹10.4 L/yr
5 years  (3 salaries)

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₹5.1 L/yr - ₹10.9 L/yr
6 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹11.4 L/yr

Similar Designation salaries in Axis Max Life Insurance

Deputy Manager Salary
(84 salaries)
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₹3.05 L/yr - ₹7 L/yr
Area Manager Salary
(21 salaries)
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₹5.8 L/yr - ₹12.3 L/yr
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₹2.7 L/yr - ₹3.93 L/yr
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₹1.8 L/yr - ₹3.5 L/yr
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₹1.2 L/yr - ₹4 L/yr
Aadm Salary
(6 salaries)
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₹3.45 L/yr - ₹4.6 L/yr
Center Manager Salary
(4 salaries)
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₹6.25 L/yr - ₹10 L/yr
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₹5.5 L/yr - ₹9.3 L/yr

Top skills at Axis Max Life Insurance for Business Analyst

Business Analysis Automation Business Strategy Information Technology Brd Resource management Requirement Gathering Management Stakeholder Management Dashboards Prototype FRD Cost Content Management Performance Tuning

Salary related reviews for Axis Max Life Insurance

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 01 Aug 2024

3.0
 for  Salary and Benefits

Likes

Office Space Multiple business problems to solve.

Dislikes

Salary Too much office politics. Sometimes good work is limited to some folks. Career growth opportunities are limited to only some section of the teams

read more
  • Company culture - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 05 Jan 2024

1.0
 for  Salary and Benefits

Likes

To be very honest . Leaders are not at all good. They don’t treat people with respect. Just Bogus Company I ever worked with.

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Dislikes

Everything. Full of Politics. Managers and leaders are not at all good.. Doesn’t provide Exact salary. And the KRA’s don’t match what they said during Interview.

read more
  • Salary - Bad
  • +6 more

Sales & Business Development Department

1.0
  •  posted on 05 Feb 2022

1.0
 for  Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

read more

Dislikes

  • Salary - Bad
  • Job security - Bad
  • +4 more

Marketing & Communication Department

5.0
  •  posted on 12 Apr 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 06 Feb 2025

2.0
 for  Salary and Benefits

Likes

Second Saturday and Sunday, third Saturday and Sundays are off. No other perks.

Dislikes

... from you. More than 5 persons already left the office with their toxic culture. Don't trust their words during interview they will give a package which is lesser than your current ctc and will give excuses as you will earn promotions in a fast track mode. nothing doing you will not meet their unrealistic targets. Hope my review will help future comers. thank you.

read more
  • Salary - Poor
  • +6 more
see more salary related reviews

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Axis Max Life Insurance Business Analyst Salary FAQs

What is the salary of Business Analyst at Axis Max Life Insurance in Pune?
The average salary of a Business Analyst at Axis Max Life Insurance in Pune typically ranges from ₹4.1 Lakhs to ₹7.1 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Business Analyst in Pune at Axis Max Life Insurance earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Business Analyst Salaries at Axis Max Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 9 Axis Max Life Insurance employees in India.
What is the estimated take home salary of a Business Analyst at Axis Max Life Insurance in Pune?
The estimated take-home salary of a Business Analyst at Axis Max Life Insurance in Pune typically ranges from ₹47,063 to ₹48,177 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹7.1 Lakhs per year for employees with experience ranging from 2 years to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 9 salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Analyst at Axis Max Life Insurance in Pune?
To be a Business Analyst at Axis Max Life Insurance in Pune, the key skills required include:

  • - Business Analysis
  • - Automation
  • - Business Strategy
  • - Information Technology
  • - Brd

These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Axis Max Life Insurance for Business Analyst in India?
Allianz ₹5.2 Lakhs to ₹18.3 Lakhs per year
Star Health & Allied Insurance ₹5.0 Lakhs to ₹10.7 Lakhs per year
Bajaj Allianz Life Insurance ₹3.8 Lakhs to ₹16.4 Lakhs per year
HDFC Ergo General Insurance ₹7.1 Lakhs to ₹9.5 Lakhs per year
Bajaj Allianz General Insurance ₹4.5 Lakhs to ₹14.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.
What is the salary of a Business Analyst in companies similar to Axis Max Life Insurance in Pune?
The salary of a Business Analyst at companies similar to Axis Max Life Insurance in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company ₹4.8 Lakhs to ₹12.1 Lakhs per year
ICICI Prudential Life Insurance ₹5.8 Lakhs to ₹11.5 Lakhs per year
HDFC Life ₹4.2 Lakhs to ₹12.0 Lakhs per year
Tata AIA Life Insurance ₹4.0 Lakhs to ₹9.0 Lakhs per year
MetLife ₹7.0 Lakhs to ₹9.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Business Analyst at Axis Max Life Insurance in Pune?
The salary growth for a Business Analyst at Axis Max Life Insurance in Pune depends on factors such as experience, performance, and promotions. On average, a Business Analyst in Pune can expect the following growth trajectory at Axis Max Life Insurance:

Experience Average Salary Range
2 years ₹4.1 Lakhs to ₹5.3 Lakhs per year
3 years ₹4.3 Lakhs to ₹10.0 Lakhs per year
4 years ₹4.3 Lakhs to ₹10.4 Lakhs per year
5 years ₹5.1 Lakhs to ₹10.9 Lakhs per year
and so on.

Tell us how to improve this page.

Axis Max Life Insurance Business Analyst salary in Pune ranges between ₹4.1 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.