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
JPMorgan Chase & Co. Claims Analyst Salary 1 - 6 years exp. (10 salaries)	₹3.5 L/yr - ₹6.3 L/yr 31% more
Wells Fargo Claims Analyst Salary 0 - 2 years exp. (4 salaries)	₹2.5 L/yr - ₹9 L/yr 27% more
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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
Accenture Claims Analyst Salary 1 - 6 years exp. (49 salaries)	₹1.6 L/yr - ₹5.4 L/yr 13% 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)	₹2.3 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹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)	₹1.7 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹1.7 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.

Team Member in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Oct 2024

1.0

for Salary and Benefits

Likes

Nodal Pickup and home drop- both side cab

Job security - Good

Dislikes

Salary× Promotion /ratings× Hike doesn't even cover the inflation rates Some processes are good but mine was the worst Won't hire people even if we have loads of volumes for atleast 11 months a year. Indirectly pressure the employees to extend without any extra pay No night allowance Cafeteria is quite expensive for the allowance we are provided- 1300 per month Overcrowded workspaces No trips No outings

Salary - Bad

+3 more

Assistant Vice President in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 04 Oct 2024

5.0

for Salary and Benefits

Likes

Organization is beautifully structured ,salary wise and other benefits are very good

Salary - Excellent

Dislikes

Management is damn worst and they literally torcher without listening the issues from employees ,for new entry mid level seniors it's very very tough to survive...lots of politics and tech stack wise is very old we work

Skill development - Bad

+4 more

Senior Team Member in New Delhi

Full Time

Risk Management & Compliance Department

4.0

• posted on 20 Jul 2024

3.0

for Salary and Benefits

Likes

Work life balance Working Environment Management Perks and Benefits If you want to enjoy life with job then go for it . It’s like government job. Once you worked here you will not like working anywhere else.

Job security - Excellent

+3 more

Dislikes

Appraisal and Salary. If you’re going here have mindset that they initially they don’t pay that much but with time you will experience growth if your performance is good

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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?

JPMorgan Chase & Co.	₹3.5 Lakhs to ₹6.3 Lakhs per year
Wells Fargo	₹2.5 Lakhs to ₹9.0 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:

Accenture	₹1.6 Lakhs to ₹5.4 Lakhs per year
UnitedHealth	₹2.4 Lakhs to ₹4.7 Lakhs per year
Optum Global Solutions	₹2.2 Lakhs to ₹5.0 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 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	₹2.3 Lakhs to ₹4.0 Lakhs per year
3 years	₹1.5 Lakhs to ₹4.0 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.