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Cholamandalam MS General Insurance Business Analyst salaries in India (Updated 2025)

Annual salary range
2 - 12 years exp.
₹7.5 Lakhs - ₹18.5 Lakhs
Salary of majority employees
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Fixed (88%)
₹10.5 Lakhs
Variable (12%)
₹1.5 Lakh
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23% more than the average Business Analyst Salary in Insurance Companies for 2 - 12 years of experience

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Salaries in different departments

Data Science & Analytics
Business Analyst Salary
3 - 12 years exp. (8 salaries)
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₹7.5 L/yr - ₹18.5 L/yr

BFSI, Investments & Trading
Business Analyst Salary
2 - 7 years exp. (AmbitionBox Estimate)
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₹8.8 L/yr - ₹15 L/yr

Project & Program Management
Business Analyst Salary
11 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹14 L/yr

Last Updated: 3 Feb 2025

Companies similar to Cholamandalam MS General Insurance for Business Analyst

Company name Avg Annual Salary Open Jobs
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MetLife Business Analyst Salary

1 - 9 years exp. (62 salaries)

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₹2.9 L/yr - ₹9 L/yr

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Swiss Re Business Analyst Salary

0 - 11 years exp. (44 salaries)

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₹7 L/yr - ₹27.5 L/yr

arrow icon 36% more
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₹4.1 L/yr - ₹16.5 L/yr

arrow icon 22% less
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₹5 L/yr - ₹15 L/yr

arrow icon 13% less
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₹3 L/yr - ₹11.6 L/yr

arrow icon 46% less
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Allianz Business Analyst Salary

2 - 8 years exp. (36 salaries)

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₹5 L/yr - ₹18.3 L/yr

arrow icon 13% less
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Gallagher Business Analyst Salary

2 - 9 years exp. (33 salaries)

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₹2.8 L/yr - ₹12 L/yr

arrow icon 43% less
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₹3.8 L/yr - ₹11.2 L/yr

arrow icon 35% less
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Medi Assist India Business Analyst Salary

0 - 10 years exp. (28 salaries)

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₹7 L/yr - ₹20.8 L/yr

arrow icon 3% less
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₹2.6 L/yr - ₹11 L/yr

arrow icon 45% less
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Allianz Services Business Analyst Salary

4 - 10 years exp. (23 salaries)

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₹3.2 L/yr - ₹12.4 L/yr

arrow icon 37% less
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₹4 L/yr - ₹15 L/yr

arrow icon 29% less
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₹2.7 L/yr - ₹7.5 L/yr

arrow icon 59% less
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Chubb Business Analyst Salary

2 - 15 years exp. (16 salaries)

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₹15 L/yr - ₹40 L/yr

arrow icon 105% more
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SBI General Insurance Business Analyst Salary

1 - 6 years exp. (15 salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 31% less
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₹5 L/yr - ₹7.4 L/yr

arrow icon 46% less
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Axa XL Business Analyst Salary

1 - 14 years exp. (14 salaries)

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₹6.8 L/yr - ₹27 L/yr

arrow icon 36% more
2 job openings
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Allianz Partners Business Analyst Salary

1 - 5 years exp. (13 salaries)

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₹4.5 L/yr - ₹8 L/yr

arrow icon 42% less
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₹4.2 L/yr - ₹11 L/yr

arrow icon 34% less
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₹4 L/yr - ₹8 L/yr

arrow icon 49% less
View all
Business Analyst salary at Cholamandalam MS General Insurance ranges between ₹7.5 Lakhs to ₹18.5 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 12 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Business Analyst

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7 years exp.
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Experience wise Cholamandalam MS General Insurance Business Analyst salaries

Last Updated: 3 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹8.8 L/yr - ₹19.8 L/yr
3 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹20.2 L/yr
4 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹12 L/yr
5 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.3 L/yr
6 years (AmbitionBox Estimate)

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₹10.6 L/yr - ₹13.5 L/yr
View all

Similar Designation salaries in Cholamandalam MS General Insurance

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₹20 L/yr - ₹25 L/yr
Data Analyst Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
Senior Data Analyst Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
Team Lead Salary
(36 salaries)
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₹2.8 L/yr - ₹9.5 L/yr
Data Scientist Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹17.8 L/yr - ₹34.8 L/yr
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₹1.2 L/yr - ₹4.93 L/yr
Product Manager Salary
(AmbitionBox Estimate)
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₹14 L/yr - ₹17.8 L/yr
Deputy Manager Salary
(66 salaries)
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₹4 L/yr - ₹11.25 L/yr

Salary related reviews for Cholamandalam MS General Insurance

2.9

Rated by 3 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 15 Feb 2022

3.0
 for  Salary and Benefits

Likes

The company provides a very high job security and you would never face any delays in salary. The leaves offered by the company are also good in comparison to other companies.

read more
  • Job security - Excellent

Dislikes

The companies culture is not meant for youngsters or people who wants to work in a challenging and learning environment. A lot of People in this company are working since 10-15 years and have a very rigid mentality and approach towards work. The gowth trajectory is very slow and the learning curve is also flat.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 20 Nov 2024

3.0
 for  Salary and Benefits

Likes

Good company. Having Employee friendly. Happy to work here...

  • Skill development - Excellent
  • +5 more

Dislikes

Only In company promotion you can't get salary hike as you deserved . Some of the points your salary is laser then your colleagues and team.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 07 Aug 2023

3.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Appraisals are terrible here even if achieved 275% of ytd target they increase only 7% of salary..no personal life teams meeting every now and then infact after working hours also, continue warning of termination if you fail to achieve daily numbers

read more
  • Promotions - Bad
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 06 Jan 2023

2.0
 for  Salary and Benefits

Likes

Murugappa group is a very big group, One of them is Chola General Insurance. Salary is good in the company.

read more

Dislikes

The company has a great name, but the company's senior front-line executives are not doing well in support.. The company does not use today's technology in the work.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 17 Jan 2023

5.0
 for  Salary and Benefits

Likes

...nts like tata, icici, Hdfc far better. No stress and dirty internal politics. Variables pay also high as compare to mention company.

read more
  • Salary - Excellent
  • +6 more

Dislikes

weekly 1 off, need to change in 5 day working week.

see more salary related reviews

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Cholamandalam MS General Insurance Business Analyst Salary FAQs

What is the salary of Business Analyst at Cholamandalam MS General Insurance ?
The average salary of a Business Analyst at Cholamandalam MS General Insurance in India typically ranges from ₹7.5 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of Business Analyst at Cholamandalam MS General Insurance earn more than ₹16.1 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Business Analyst Salaries at Cholamandalam MS General 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 10+ Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Business Analyst at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Business Analyst at Cholamandalam MS General Insurance in India typically ranges from ₹85,575 to ₹87,815 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 2 years to 12 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 10+ salaries received from various employees of Cholamandalam MS General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Cholamandalam MS General Insurance for Business Analyst in India?
Chubb ₹15.0 Lakhs to ₹40.0 Lakhs per year
Axa XL ₹6.8 Lakhs to ₹27.0 Lakhs per year
Swiss Re ₹7.0 Lakhs to ₹27.5 Lakhs per year
Ageas Federal Life Insurance ₹16.0 Lakhs to ₹16.7 Lakhs per year
Star Union Dai-ichi Life Insurance ₹5.6 Lakhs to ₹18.0 Lakhs per year

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

Magma HDI General Insurance ₹11.5 Lakhs to ₹13.8 Lakhs per year
Medi Assist India ₹7.0 Lakhs to ₹20.8 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
Family Health Plan ₹6.4 Lakhs to ₹10.2 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 Cholamandalam MS General Insurance in India?
The salary growth for a Business Analyst at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Business Analyst can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
2 years ₹8.8 Lakhs to ₹19.8 Lakhs per year
3 years ₹7.5 Lakhs to ₹20.2 Lakhs per year
4 years ₹4.6 Lakhs to ₹12.0 Lakhs per year
5 years ₹10.4 Lakhs to ₹13.3 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Business Analyst salary in India ranges between ₹7.5 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.