Edelweiss Life Insurance Mumbai Business Analyst Salaries by 10+ Employees (Updated 2025)

2 - 7 years exp.

₹6 Lakhs - ₹7.4 Lakhs

Salary of majority employees

Fixed (86%)

₹5.6 Lakhs

Variable (14%)

₹1.0 Lakh

36% less than the average Business Analyst Salary in Insurance Companies for 2 - 7 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 3 - 7 years exp. (5 salaries)	₹6.5 L/yr - ₹7.4 L/yr
Project & Program Management Business Analyst Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7 L/yr
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Risk Management & Compliance Business Analyst Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.5 L/yr

Last Updated: 2 Mar 2025

Companies similar to Edelweiss Life Insurance for Business Analyst in Mumbai

Edelweiss Life Insurance Business Analyst Salary

2 - 7 years exp. (11 salaries)

₹6 L/yr - ₹7.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Business Analyst Salary 0 - 6 years exp. (20 salaries)	₹3.5 L/yr - ₹11.1 L/yr 27% more
HDFC Life Business Analyst Salary 1 - 8 years exp. (21 salaries)	₹3.2 L/yr - ₹11.1 L/yr 9% more
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Bajaj Allianz Life Insurance Business Analyst Salary 4 - 6 years exp. (4 salaries)	₹6 L/yr - ₹16.5 L/yr 119% more
Kotak Mahindara Life Insurance Business Analyst Salary 0 - 7 years exp. (19 salaries)	₹3 L/yr - ₹8.9 L/yr 7% less
Tata AIA Life Insurance Business Analyst Salary 7 - 10 years exp. (4 salaries)	₹10 L/yr - ₹13.3 L/yr 57% more
PNB MetLife Business Analyst Salary 4 - 13 years exp. (3 salaries)	₹5 L/yr - ₹8 L/yr 1% more
Aditya Birla Sun Life Insurance Business Analyst Salary 2 - 10 years exp. (15 salaries)	₹4 L/yr - ₹16.9 L/yr 49% more
Aditya Birla Health Insurance Co Business Analyst Salary 2 - 9 years exp. (24 salaries)	₹3.8 L/yr - ₹15.2 L/yr 31% more
Royal Sundaram General Insurance Business Analyst Salary 2 - 16 years exp. (7 salaries)	₹7.8 L/yr - ₹15.5 L/yr 84% more
Ageas Federal Life Insurance Business Analyst Salary 6 - 10 years exp. (5 salaries)	₹16 L/yr - ₹16.7 L/yr 149% more
Bharti AXA Life Insurance Business Analyst Salary 6 - 9 years exp. (5 salaries)	₹3.6 L/yr - ₹7.5 L/yr 16% less
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Future Generali India Life Insurance Business Analyst Salary 4 - 8 years exp. (5 salaries)	₹7 L/yr - ₹8.4 L/yr 15% more
Universal Sompo General Insurance Business Analyst Salary 2 - 6 years exp. (4 salaries)	₹5.4 L/yr - ₹6.6 L/yr 7% less
Medi Assist India Business Analyst Salary 9 - 11 years exp. (3 salaries)	₹9 L/yr - ₹23 L/yr 100% more
ManipalCigna Health Insurance Business Analyst Salary 7 - 11 years exp. (3 salaries)	₹5.8 L/yr - ₹11 L/yr 31% more

Business Analyst salary at Edelweiss Life Insurance ranges between ₹6 Lakhs to ₹7.4 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 11 latest salaries received from various employees of Edelweiss Life Insurance.

Experience wise Edelweiss Life Insurance Business Analyst salaries in Mumbai

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.5 L/yr
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹7 L/yr
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4 years (4 salaries)	₹6 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.4 L/yr

View all

Similar Designation salaries in Edelweiss Life Insurance

Product Manager Salary

(6 salaries)

₹11 L/yr - ₹21 L/yr

Data Scientist Salary

(4 salaries)

₹8 L/yr - ₹18 L/yr

Senior Associate Salary

(4 salaries)

₹4 L/yr - ₹6.65 L/yr

Project Manager Salary

(3 salaries)

₹8.4 L/yr - ₹18 L/yr

Salary related reviews for Edelweiss Life Insurance

1.0

Rated by 2 employees for salary & benefits

Housekeeping Supervisor in Chennai

Full Time

Food, Beverage & Hospitality Department

2.0

• posted on 11 Sep 2023

3.0

for Salary and Benefits

Likes

function time there provide foods for all staff's

Skill development - Good

Dislikes

salary is very low. there didn't increase. 4 years am working but my salary 8000 only. thats why i resign my job. qm waiting more than 4 month for my pension .still there didn't provide my pension amount and experience amount....

Job security - Bad

+2 more

Branch Operation Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Aug 2023

2.0

for Salary and Benefits

Likes

...abt com. 1st Three hears was good, but after covid company behaving like weird. No hike No proposion No increment Branch counter guy sent for premium collection like recovery officer.

Skill development - Good

+1 more

Dislikes

No balance in professional n personal. No time limit. Hr's are just show piese for other than sales recruitment. Only sales oriented company, which is good for company but not for employees.

Salary - Poor

+3 more

Territory Manager in Tiruchirappalli

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 30 Dec 2022

5.0

for Salary and Benefits

Likes

On time salary. Friendly environment. Good office set up. Excellent customer service. Good ethics on all parameters.

Salary - Excellent

+5 more

Dislikes

No training and development on career point of views and work related training Updation

Process Analyst (working remotely)

Full Time

Risk Management & Compliance Department

3.0

• posted on 05 Aug 2024

2.0

for Salary and Benefits

Likes

Job Security Learning Work Life Balance Super Boss is Friendly Decent Infrastructure Timely Payment of Salary Awards and Recognition People Friendly HR Fun activities Manager allows to take leave Saturday and Sunday off

Skill development - Excellent

+2 more

Dislikes

Manager is strict No playing area Canteen is congested Loss Making company Growth is slow Limited Budget for innovations

Salary - Poor

+3 more

Branch Operation Executive in Varanasi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 25 Jun 2020

3.0

for Salary and Benefits

Likes

There are supportive senior boss. In covid19 salary not break it's release every last day of month. All work perform work from home.

Promotions - Good

Dislikes

There are job role branch operations executive but still add some extra profile like calling to customer, collect renuwal like target based.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Edelweiss Life Insurance Business Analyst Salary FAQs

What is the salary of Business Analyst at Edelweiss Life Insurance Mumbai?

Business Analyst salary at Edelweiss Life Insurance in Mumbai ranges between ₹6.0 Lakhs to ₹7.4 Lakhs for experience between 2 years to 7 years. According to our estimates it is 36% less than the average Business Analyst Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Edelweiss Life Insurance Mumbai.

How does the salary of a Business Analyst at Edelweiss Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Business Analyst at Edelweiss Life Insurance is 36% less than the average salary of a Business Analyst in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Edelweiss Life Insurance to a Business Analyst in Mumbai?

Ageas Federal Life Insurance Business Analyst Salary - ₹16.0 Lakhs to ₹16.7 Lakhs per year
Bajaj Allianz Life Insurance Business Analyst Salary - ₹6.0 Lakhs to ₹16.5 Lakhs per year
Medi Assist India Business Analyst Salary - ₹9.0 Lakhs to ₹23.0 Lakhs per year
Royal Sundaram General Insurance Business Analyst Salary - ₹7.8 Lakhs to ₹15.5 Lakhs per year
Tata AIA Life Insurance Business Analyst Salary - ₹10.0 Lakhs to ₹13.3 Lakhs per year

What is the salary of a Business Analyst in companies similar to Edelweiss Life Insurance in Mumbai?

Aditya Birla Sun Life Insurance Business Analyst Salary - ₹4.0 Lakhs to ₹16.9 Lakhs per year
Aditya Birla Health Insurance Co Business Analyst Salary - ₹3.8 Lakhs to ₹15.2 Lakhs per year
ManipalCigna Health Insurance Business Analyst Salary - ₹5.8 Lakhs to ₹11.0 Lakhs per year
ICICI Prudential Life Insurance Business Analyst Salary - ₹3.5 Lakhs to ₹11.1 Lakhs per year
Future Generali India Life Insurance Business Analyst Salary - ₹7.0 Lakhs to ₹8.4 Lakhs per year

What is the estimated take home salary of a Business Analyst at Edelweiss Life Insurance in Mumbai?

The estimated take-home salary of a Business Analyst at Edelweiss Life Insurance ranges between ₹50,148 per month to ₹51,331 per month in Mumbai. The take-home salary calculation is based on the average Edelweiss Life Insurance Business Analyst salary in India which ranges between ₹6.0 Lakhs to ₹7.4 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Business Analyst at Edelweiss Life Insurance in Mumbai?

According to AmbitionBox, 50% of the Edelweiss Life Insurance Business Analysts in Mumbai reported a notice period of 2 Months, 38% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Edelweiss Life Insurance Business Analyst Salaries in Mumbai

Edelweiss Life Insurance Business Analyst salary in Mumbai ranges between ₹6 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.