Bajaj Allianz Life Insurance Business Analyst Salaries by 40+ Employees (Updated 2025)

1 - 10 years exp.

₹4.1 Lakhs - ₹16.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Business Analyst Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 2 - 7 years exp. (20 salaries)	₹4.1 L/yr - ₹12 L/yr
BFSI, Investments & Trading Business Analyst Salary 3 - 10 years exp. (7 salaries)	₹5 L/yr - ₹10.6 L/yr
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IT & Information Security Business Analyst Salary 1 - 7 years exp. (5 salaries)	₹4 L/yr - ₹14.2 L/yr
Engineering - Software & QA Business Analyst Salary 1 - 3 years exp. (3 salaries)	₹3.1 L/yr - ₹9.2 L/yr
Product Management Business Analyst Salary 4 - 5 years exp. (3 salaries)	₹10 L/yr - ₹16.5 L/yr

View all

Last Updated: 30 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Business Analyst

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Business Analyst Salary 0 - 6 years exp. (73 salaries)	₹4 L/yr - ₹13.8 L/yr 12% less
HDFC Life Business Analyst Salary 1 - 8 years exp. (69 salaries)	₹3.2 L/yr - ₹12 L/yr 19% less
Login to view exact salary
Tata AIG Business Analyst Salary 1 - 7 years exp. (49 salaries)	₹3.4 L/yr - ₹14.6 L/yr 13% less
Allstate Business Analyst Salary 3 - 10 years exp. (48 salaries)	₹4.4 L/yr - ₹13.4 L/yr 6% less
ICICI Prudential Life Insurance Business Analyst Salary 0 - 5 years exp. (42 salaries)	₹3 L/yr - ₹11.7 L/yr 23% less
Principal Global Services Business Analyst Salary 2 - 8 years exp. (41 salaries)	₹5 L/yr - ₹15 L/yr 12% more
First American Corporation Business Analyst Salary 1 - 8 years exp. (40 salaries)	₹8.1 L/yr - ₹12.8 L/yr 11% more
Axis Max Life Insurance Business Analyst Salary 2 - 9 years exp. (39 salaries)	₹3 L/yr - ₹11.6 L/yr 30% less
Allianz Business Analyst Salary 2 - 8 years exp. (36 salaries)	₹5 L/yr - ₹18.3 L/yr 12% more
Gallagher Business Analyst Salary 2 - 9 years exp. (33 salaries)	₹2.8 L/yr - ₹12 L/yr 26% less

View all

Business Analyst salary at Bajaj Allianz Life Insurance ranges between ₹4.1 Lakhs to ₹16.5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 46 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Business Analyst

2d ago

₹13 Lakhs

3 years exp.

1w ago

₹10.6 Lakhs

4 years exp.

1w ago

₹12 Lakhs

4 years exp.

3w ago

₹4.3 Lakhs

9 years exp.

3w ago

₹13 Lakhs

4 years exp.

1mo ago

5 years exp.

2mo ago

3 years exp.

2mo ago

7 years exp.

3mo ago

3 years exp.

3mo ago

10 years exp.

Experience wise Bajaj Allianz Life Insurance Business Analyst salaries

Last Updated: 30 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
2 years (4 salaries)	₹3.1 L/yr - ₹13.9 L/yr
Login to view exact salary
3 years (11 salaries)	₹3.8 L/yr - ₹14.2 L/yr
4 years (12 salaries)	₹5.5 L/yr - ₹14.1 L/yr
5 years (8 salaries)	₹5.5 L/yr - ₹15.2 L/yr
6 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11.1 L/yr
7 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
8 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
9 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
10 years (3 salaries)	₹9 L/yr - ₹16.4 L/yr

View all

From

Business Analyst

1 - 10 years exp.

Senior Business Analyst

3 - 12 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bajaj Allianz Life Insurance

Senior Business Analyst Salary

(14 salaries)

₹7 L/yr - ₹19.05 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Data Analyst Salary

(40 salaries)

₹7.14 L/yr - ₹16.56 L/yr

Analyst Salary

(5 salaries)

₹3 L/yr - ₹7.5 L/yr

Senior Data Analyst Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Team Lead Salary

(46 salaries)

₹1.8 L/yr - ₹7.25 L/yr

Data Scientist Salary

(4 salaries)

₹6.1 L/yr - ₹14 L/yr

Project Manager Salary

(65 salaries)

₹6.6 L/yr - ₹18.5 L/yr

Senior Associate Salary

(9 salaries)

₹3 L/yr - ₹5.5 L/yr

Product Manager Salary

(13 salaries)

₹8 L/yr - ₹30 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

3.4

Rated by 6 employees for salary & benefits

Business Development Manager in Bokaro

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 16 Nov 2023

5.0

for Salary and Benefits

Likes

Good salary, nice incentive structure and promotion structure

Salary - Excellent

+4 more

Dislikes

No proper training , no support in business hence we lack in aquaring business as compared to Max life insurance aur competitors in axis bank channel.

Business Development Manager in Narnaul

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 May 2023

5.0

for Salary and Benefits

Likes

You get salary on time.

Salary - Excellent

+1 more

Dislikes

No one( Sr. Management) cares about you,they just need business that too what they ask from you " no need based selling". Rather then that there are meetings meetings and meetings for the sales team.

Skill development - Bad

+4 more

Business Development Manager in Chandigarh

BFSI, Investments & Trading Department

1.0

• posted on 13 Apr 2021

5.0

for Salary and Benefits

Likes

DARPAN SIR WAS VERY HELPFUL DURING MY JOB. I LOVE THE WAY HE PROVIDES TRAINING. ON-TIME SALARY AND WEEKLY OFF IS THE MOST SATISFYING THINGS IN BAJAJ.

Salary - Excellent

Dislikes

IT IS SO SAD FOR ME TO KNOW THAT THE CULTURE IN BAJAJ ALLIANZ LIFE INSURANCE COMPANY IS WORST. EMPLOYEE IS BEING JUDGED ON BASIS OF THEIR CASTE AND COMMUNITY. I HAD BEEN TREATED THE SAME WAY BUT WHEN I COMPLAINT ABOUT THE SAME MY VOICE HAD BEEN PUSHED DOWN. NO SUCH ACTION IS BEING TAKEN AGAINST THE SENIOR. I BEGGED TO HR BUT NOTHING HAPPENED. I HAD BEEN SO HARSSSAD DURING MY JOB. NO ONE HELPED ME. I CANNOT DESCRIBE THE WAY I HAD BEEN TREATED. IF COMPANY WANTS TO KNOW THE ACTUAL TRUTH. PLEASE CHECK THE CCTV CAMERA BETWEEN 09:30 AM - 10:30 AM FOR DATED: 10/09/2020. EVERYTHING WOULD BE CLEAR THAT HOW I HAD BEEN TREATED BY VP, BINNENDRA KUMAR BINIT. THAT WAS SO RUDE AND SHAMEFUL. AFTER THAT I HAD BEEN THREATENED THAT I WOULD BE THROW OUT FROM THE COMPANY AND THE SAME HAD BEEN DONE BY THE BUNCH OF PEOPLE. BUT I WILL NOT LET THE THINGS GO AS EASY AS THE PEOPLE THINKS. I WILL RAISE THIS CONCERN INTO COURT AND SOCIAL MEDIA SO THAT ATLEAST WORK CULTURE WOULD BECOME HEALTHIFY IN BAJAJ FOR OTHER.

Skill development - Bad

+4 more

AM Human Resource in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Mar 2025

5.0

for Salary and Benefits

Likes

In bajaj salary credit on time always.

Salary - Excellent

Dislikes

In Bajaj there is no upgrade in ur role and responsibilities and no one want to upgrade your. No extra skill learning activities done. As relevant work of ur role.

Job security - Poor

Executive Relationship Manager in Kohima

Full Time

Sales & Business Development Department

1.0

• posted on 17 Mar 2025

1.0

for Salary and Benefits

Likes

No comments

Dislikes

Not getting salary on time, bad Area manger, bad HR, Always getting negative reviews no matter how much efforts we are giving . No support from highers ups. Getting too much calls and VC even on holidays. Still didn't got experience letter.

Salary - Bad

+6 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bajaj Allianz Life Insurance Business Analyst Salary FAQs

What is the salary of Business Analyst at Bajaj Allianz Life Insurance ?

The average salary of a Business Analyst at Bajaj Allianz Life Insurance in India typically ranges from ₹4.1 Lakhs to ₹16.5 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Business Analyst at Bajaj Allianz Life Insurance earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹16.5 Lakhs per year. Business Analyst Salaries at Bajaj Allianz 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 40+ Bajaj Allianz Life Insurance employees in India.

What is the estimated take home salary of a Business Analyst at Bajaj Allianz Life Insurance in India?

The estimated take-home salary of a Business Analyst at Bajaj Allianz Life Insurance in India typically ranges from ₹68,036 to ₹69,781 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹16.5 Lakhs per year for employees with experience ranging from 1 year to 10 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 40+ salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Allianz Life Insurance for Business Analyst in India?

Niva Bupa Health Insurance Company	₹5.0 Lakhs to ₹21.0 Lakhs per year
Star Health & Allied Insurance	₹5.0 Lakhs to ₹14.5 Lakhs per year
Allianz	₹5.0 Lakhs to ₹18.3 Lakhs per year
Principal Global Services	₹5.0 Lakhs to ₹15.0 Lakhs per year
First American Corporation	₹8.1 Lakhs to ₹12.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz Life Insurance, depending on the role and experience level.

What is the salary of a Business Analyst in companies similar to Bajaj Allianz Life Insurance in India?

The salary of a Business Analyst at companies similar to Bajaj Allianz Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Ergo General Insurance	₹4.5 Lakhs to ₹15.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹4.1 Lakhs to ₹15.4 Lakhs per year
Allstate	₹4.4 Lakhs to ₹13.4 Lakhs per year
AIG	₹4.4 Lakhs to ₹10.6 Lakhs per year
Tata AIA Life Insurance	₹4.0 Lakhs to ₹13.3 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 Bajaj Allianz Life Insurance in India?

The salary growth for a Business Analyst at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Business Analyst can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience	Average Salary Range
1 year	₹6.5 Lakhs to ₹8.3 Lakhs per year
2 years	₹3.1 Lakhs to ₹13.9 Lakhs per year
3 years	₹3.8 Lakhs to ₹14.2 Lakhs per year
4 years	₹5.5 Lakhs to ₹14.1 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Business Analyst Salaries by Location

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Bajaj Allianz Life Insurance Business Analyst Salaries

Bajaj Allianz Life Insurance Business Analyst salary in India ranges between ₹4.1 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 46 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Business Analyst salaries in India (Updated 2025)

Companies similar to Bajaj Allianz Life Insurance for Business Analyst

Latest annual salaries shared by Bajaj Allianz Life Insurance Business Analyst

Experience wise Bajaj Allianz Life Insurance Business Analyst salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Salary related reviews for Bajaj Allianz Life Insurance

Business Development Manager in Bokaro

Business Development Manager in Narnaul

Business Development Manager in Chandigarh

AM Human Resource in Mumbai

Executive Relationship Manager in Kohima

Bajaj Allianz Life Insurance Business Analyst Salary FAQs

Tell us how to improve this page.

Bajaj Allianz Life Insurance Business Analyst Salaries by Location