EXL Service Insurance Analyst Salaries by 10+ Employees (Updated 2025)

1 - 6 years exp.

₹1.6 Lakh - ₹3.1 Lakhs

Salary of majority employees

26% less than the average Insurance Analyst Salary in Analytics & KPO Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Insurance Analyst Salary 1 - 5 years exp. (5 salaries)	₹2.2 L/yr - ₹3.1 L/yr
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BFSI, Investments & Trading Insurance Analyst Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.4 L/yr

Last Updated: 14 Dec 2024

Companies similar to EXL Service for Insurance Analyst

Company name	Avg Annual Salary	Open Jobs
Genpact Insurance Analyst Salary 0 - 8 years exp. (18 salaries)	₹1.5 L/yr - ₹4.3 L/yr 21% more
WNS Insurance Analyst Salary 2 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹6.1 L/yr 21% more
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TCS Insurance Analyst Salary 0 - 9 years exp. (46 salaries)	₹2.1 L/yr - ₹5 L/yr 24% more
Infosys Insurance Analyst Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr 41% more
HCLTech Insurance Analyst Salary 3 - 6 years exp. (11 salaries)	₹2.5 L/yr - ₹4 L/yr 23% more
Cognizant Insurance Analyst Salary 0 - 7 years exp. (7 salaries)	₹2.2 L/yr - ₹5.4 L/yr 32% more
Accenture Insurance Analyst Salary 2 - 10 years exp. (64 salaries)	₹2.6 L/yr - ₹8.7 L/yr 123% more
AGS Health Insurance Analyst Salary 2 years exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr 19% less

Insurance Analyst salary at EXL Service ranges between ₹1.6 Lakh to ₹3.1 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 12 latest salaries received from various employees of EXL Service.

Experience wise EXL Service Insurance Analyst salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.1 L/yr
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr
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3 years (4 salaries)	₹1.6 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.6 L/yr

View all

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Team Lead Salary

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₹3.54 L/yr - ₹14.84 L/yr

Associate Consultant Salary

(141 salaries)

₹1.95 L/yr - ₹10 L/yr

Process Specialist Salary

(6 salaries)

₹4.5 L/yr - ₹5 L/yr

Salary related reviews for EXL Service

2.0

Rated by 1 employees for salary & benefits

Senior Associate in Noida (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Oct 2024

2.0

for Salary and Benefits

Likes

Their work culture is good overe there all supervisors and managers are supportive.

Dislikes

Their salary structure they don't do increment as employee expectations. And also they don't offers good salary to their employees in insurance Process.

Business Analyst in Ahmedabad

Full Time

Consulting Department

3.0

• posted on 14 Mar 2024

1.0

for Salary and Benefits

Likes

You will not be fired. They will try their best to accomodate you with any client. They had all good banking clients, and had good projects. This is before 2020

Dislikes

Salary is the worst. You don't promotions and incentives based on your but based on your

Quality Analyst in Pune

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 29 Feb 2024

3.0

for Salary and Benefits

Likes

EXL Service is a good company overall in case of IJPs. If you are looking to learn and grow fast EXL is a good option.

Dislikes

The only drawback in working with EXL is the salary. The salary is very low as compared to market standards and if someone wants to leave they don't have a retention policy of offering an increment. No matter how how big of an asset you are for the company they won't retain you unless you are on the level of OPS manager and above. Even if your manager tries the HR won't approve a pay raise. On The contrary while hiring QA from outside they offer good package but won't offer the same to a QA who has been outperforming in the process and seems to be a valuable asset.

Senior Associate in Noida

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 05 Jan 2024

2.0

for Salary and Benefits

Likes

Work from home . if you're a fresher graduate you can.

Dislikes

Salary... they give salary in penny, chillers, Managers. I want to take names Kiran and mukesh ( she is real evil ) Ther are the real enemy they will cut you down after hiring 1.5 lac to 2 lac freshers😆 this is how they justify their salary... You can't take you CL PL SL, if you want you have to work on Saturday, I don't know when or ever government will look these matters? They will deduct employees PF plus employers pension amount from your salary 😆😆😆 And because you are the employee you cant argue about it because boss is always right.. (This is Illigal) And HRs they will sell themselves in just 2 thousands. Good luck 🤞

Senior Business Analyst in Ghaziabad

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Nov 2023

3.0

for Salary and Benefits

Likes

Work life Balance, Golden Job Security, Helpful team mates, Cab Facility

Dislikes

1. No free food- Even if you pay you can't have it. (Unhygienic) 2. For Free coffee get your own coffee mugs 3. No Team outings 4. Less educated bosses in short Pathetic Management

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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EXL Service Insurance Analyst Salary FAQs

What is the salary of Insurance Analyst at EXL Service?

Insurance Analyst salary at EXL Service in India ranges between ₹1.6 Lakhs to ₹3.1 Lakhs for experience between 1 years to 6 years. According to our estimates it is 26% less than the average Insurance Analyst Salary in India. Salary estimates are based on 12 latest salaries received from various employees of EXL Service India.

How does the salary of a Insurance Analyst at EXL Service India compare with the average salary range for this job?

The average salary of a Insurance Analyst at EXL Service is 26% less than the average salary of a Insurance Analyst in India. To know exact salary insights, login to view.

Which similar companies are paying more than EXL Service to a Insurance Analyst in India?

Accenture Insurance Analyst Salary - ₹2.6 Lakhs to ₹8.7 Lakhs per year
Infosys Insurance Analyst Salary - ₹3.0 Lakhs to ₹4.2 Lakhs per year
Cognizant Insurance Analyst Salary - ₹2.2 Lakhs to ₹5.4 Lakhs per year
TCS Insurance Analyst Salary - ₹2.1 Lakhs to ₹5.0 Lakhs per year
HCLTech Insurance Analyst Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year

What is the salary of a Insurance Analyst in companies similar to EXL Service in India?

WNS Insurance Analyst Salary - ₹2.4 Lakhs to ₹6.1 Lakhs per year
Genpact Insurance Analyst Salary - ₹1.5 Lakhs to ₹4.3 Lakhs per year
AGS Health Insurance Analyst Salary - ₹2.0 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Insurance Analyst at EXL Service in India?

The estimated take-home salary of a Insurance Analyst at EXL Service ranges between ₹19,120 per month to ₹20,797 per month in India. The take-home salary calculation is based on the average EXL Service Insurance Analyst salary in India which ranges between ₹1.6 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Insurance Analyst at EXL Service?

According to AmbitionBox, 75% of the EXL Service Insurance Analysts reported a notice period of 1 Month, 13% 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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EXL Service Insurance Analyst Salaries

EXL Service Insurance Analyst salary in India ranges between ₹1.6 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 EXL Service latest salaries received from various employees of EXL Service.