Bank of America Claims Analyst Salaries by 8 Employees (Updated 2025)

1 - 8 years exp.

₹2.3 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

9% more than the average Claims Analyst Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Claims Analyst Salary 1 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹4.5 L/yr
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Finance & Accounting Claims Analyst Salary 2 - 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5 L/yr

Last Updated: 5 Mar 2025

Companies similar to Bank of America for Claims Analyst

Company name	Avg Annual Salary	Open Jobs
Optum Global Solutions Claims Analyst Salary 1 - 6 years exp. (62 salaries)	₹2.2 L/yr - ₹5 L/yr 15% less
UnitedHealth Claims Analyst Salary 0 - 6 years exp. (61 salaries)	₹2.4 L/yr - ₹4.7 L/yr 13% less
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Accenture Claims Analyst Salary 1 - 6 years exp. (48 salaries)	₹1.6 L/yr - ₹5.4 L/yr 14% less
Axa XL Claims Analyst Salary 1 - 3 years exp. (47 salaries)	₹3.8 L/yr - ₹8 L/yr 40% more
AXA Business Services Claims Analyst Salary 0 - 2 years exp. (43 salaries)	₹2.3 L/yr - ₹4.7 L/yr 17% less

Claims Analyst salary at Bank of America ranges between ₹2.3 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Claims Analyst salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹3 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

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Salary related reviews for Bank of America

4.5

Rated by 2 employees for salary & benefits

Team Lead Operations in Gurgaon / Gurugram

BFSI, Investments & Trading Department

3.0

• posted on 10 Aug 2020

2.0

for Salary and Benefits

Likes

Company helping alot but heard from supervisors that may b jobs are on stake or may be no salary hike this year or no promotions and also skeleton staffing can be done.

Skill development - Good

+2 more

Dislikes

Nice company helped alot in lockdown but upper management get all benefits but employees are still the same or may be management keeps everything to themselves and things not come down and feedback dont goes up in terms of salary hikes promotions everything

Salary - Poor

+2 more

Process Trainer in Gurgaon / Gurugram

Customer Success, Service & Operations Department

5.0

• posted on 04 Apr 2020

4.0

for Salary and Benefits

Likes

Bank of America is an employee centric company. The organization believes in safety and security of their employees. We are getting immense support from our leaders in every situation. Proud to be associated with BOA.

Salary - Good

+6 more

Dislikes

Salary compensation is a minor challenge.

Process Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Mar 2025

1.0

for Salary and Benefits

Likes

...e was good but now India Mumbai site leadership gang just exploiting employee...for their bonus and promotion..they are paying less to employees and keeping all the money in their pockets

Dislikes

Office politics. you can't grow if you are not part of gang ...old employee are forced to leave the company as now they are good for nothing for leadership team.....all the leaders got promotion because of old employees hard work but now they forgot everything and they are making their life miserable

Salary - Bad

+4 more

Assistant Vice President in Mumbai

Full Time

Project & Program Management Department

2.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

Work life balance Continue to work here if you are not looking for any growth and are happy with little increments every year. Outdated process etc

Job security - Good

Dislikes

Toxic work culture Bad managers No recognition No promotion Not good increments No bonus List goes on...

Salary - Poor

+4 more

Manager in Mumbai

Full Time

Other Department

5.0

• posted on 13 Feb 2025

5.0

for Salary and Benefits

Likes

... 8 lacks. Insurance for parents/aws. Sodexo food card with 1300 monthly balance. Yearly bonus. Cab facility if you are not availing it can be get transport allowance upto 1800 monthly.

Salary - Excellent

+6 more

Dislikes

Favoritism is there in internal leadership. Promotion cycle are long if you are an average performer.

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Shifting from Bangalore to Hyderabad

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Bank of America Claims Analyst Salary FAQs

What is the salary of Claims Analyst at Bank of America ?

The average salary of a Claims Analyst at Bank of America in India typically ranges from ₹2.3 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Claims Analyst at Bank of America earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Claims Analyst Salaries at Bank of America 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 8 Bank of America employees in India.

What is the estimated take home salary of a Claims Analyst at Bank of America in India?

The estimated take-home salary of a Claims Analyst at Bank of America in India typically ranges from ₹29,443 to ₹30,815 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 8 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 8 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bank of America for Claims Analyst in India?

Axa XL

₹3.8 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of America, depending on the role and experience level.

What is the salary of a Claims Analyst in companies similar to Bank of America in India?

The salary of a Claims Analyst at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

UnitedHealth	₹2.4 Lakhs to ₹4.7 Lakhs per year
Accenture	₹1.6 Lakhs to ₹5.4 Lakhs per year
Optum Global Solutions	₹2.2 Lakhs to ₹5.0 Lakhs per year
AXA Business Services	₹2.3 Lakhs to ₹4.7 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 Claims Analyst at Bank of America in India?

The salary growth for a Claims Analyst at Bank of America depends on factors such as experience, performance, and promotions. On average, a Claims Analyst can expect the following growth trajectory at Bank of America:

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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Bank of America Claims Analyst Salaries

Bank of America Claims Analyst salary in India ranges between ₹2.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Bank of America latest salaries received from various employees of Bank of America.