HDFC Ergo General Insurance Mumbai Business Analyst Salaries by 10+ Employees (Updated 2024)

1 - 10 years exp.

₹7 Lakhs - ₹15.7 Lakhs

Salary of majority employees

At par with the average Business Analyst Salary in Insurance Companies for 1 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Data Science & Analytics Business Analyst Salary 1 - 10 years exp. (8 salaries)	₹7 L/yr - ₹15.7 L/yr
IT & Information Security Business Analyst Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹12.5 L/yr
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Product Management Business Analyst Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr

Last Updated: 30 Nov 2024

Companies similar to HDFC Ergo General Insurance for Business Analyst in Mumbai

HDFC Ergo General Insurance Business Analyst Salary

1 - 10 years exp. (15 salaries)

₹7 L/yr - ₹15.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Business Analyst Salary 0 - 9 years exp. (31 salaries)	₹4 L/yr - ₹12 L/yr 15% less
Reliance General Insurance Business Analyst Salary 0 - 8 years exp. (25 salaries)	₹4 L/yr - ₹11.5 L/yr 29% less
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Tata AIG Business Analyst Salary 2 - 8 years exp. (20 salaries)	₹5 L/yr - ₹14.5 L/yr 16% less
SBI General Insurance Business Analyst Salary 1 - 6 years exp. (11 salaries)	₹4 L/yr - ₹12 L/yr 19% less
Future Generali India Life Insurance Business Analyst Salary 4 - 8 years exp. (5 salaries)	₹5.6 L/yr - ₹8.4 L/yr 32% less
ICICI Prudential Life Insurance Business Analyst Salary 0 - 6 years exp. (20 salaries)	₹3 L/yr - ₹12 L/yr 25% less
Kotak Mahindara Life Insurance Business Analyst Salary 1 - 7 years exp. (20 salaries)	₹3 L/yr - ₹10 L/yr 41% less	1 job opening
HDFC Life Business Analyst Salary 1 - 8 years exp. (19 salaries)	₹3.2 L/yr - ₹11.2 L/yr 33% less
Aditya Birla Sun Life Insurance Business Analyst Salary 2 - 7 years exp. (13 salaries)	₹4.5 L/yr - ₹13 L/yr 19% less
Bajaj Allianz Life Insurance Business Analyst Salary 4 - 6 years exp. (4 salaries)	₹6 L/yr - ₹16.5 L/yr 29% more
Tata AIA Life Insurance Business Analyst Salary 7 - 10 years exp. (3 salaries)	₹7.1 L/yr - ₹13.3 L/yr 23% less
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PNB MetLife Business Analyst Salary 4 - 13 years exp. (3 salaries)	₹5 L/yr - ₹8 L/yr 35% less

Business Analyst salary at HDFC Ergo General Insurance ranges between ₹7 Lakhs to ₹15.7 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 15 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Business Analyst salaries in Mumbai

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7 L/yr - ₹16.2 L/yr
2 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹16.7 L/yr
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3 years (5 salaries)	₹7 L/yr - ₹15 L/yr
4 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
5 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹12.5 L/yr
7 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
8 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹19.6 L/yr
9 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹15.7 L/yr
10 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹11.7 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Team Lead Salary

(20 salaries)

₹2.9 L/yr - ₹5 L/yr

Senior Associate Salary

(18 salaries)

₹2.52 L/yr - ₹4.65 L/yr

Project Manager Salary

(12 salaries)

₹10 L/yr - ₹17.55 L/yr

Data Analyst Salary

(9 salaries)

₹2.5 L/yr - ₹8.64 L/yr

Data Scientist Salary

(5 salaries)

₹11.14 L/yr - ₹14.15 L/yr

Senior Business Analyst Salary

(3 salaries)

₹8 L/yr - ₹19.8 L/yr

Top skills at HDFC Ergo General Insurance for Business Analyst

Strategic Alliances General Insurance Brd Python Business Analysis Business Analysis Analytical Skills SDLC Motors Strategic Partnerships MS Visio SQL

Salary related reviews for HDFC Ergo General Insurance

4.0

Rated by 3 employees for salary & benefits

Senior Executive in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Oct 2024

3.0

for Salary and Benefits

Likes

The work culture is really good at HDFC ERGO. They take care of their employees and understand the critical situations. There is no pressure on employees and hence they can easily enjoy their personal lives along with the work.

Dislikes

The perks and salary could be better. Also they need to upgrade some tech stack.

Executive in Mumbai

Full Time

Human Resources Department

3.0

• posted on 09 Aug 2024

2.0

for Salary and Benefits

Likes

Office timing, work life balance

Dislikes

...t this is at its worst. Promotions/ increments are given only to the reference. No salary or personal growth.

Development Manager in New Delhi

Full Time

Data Science & Analytics Department

5.0

• posted on 23 Feb 2024

5.0

for Salary and Benefits

Likes

Engaging and challenging work can be stimulating and rewarding. Employees at HDFC ERGO may appreciate the opportunity to work on diverse projects and solve complex problems in the insurance industry. Employee Benefits: Companies often offer competitive benefits packages, including health insurance, retirement plans, and other perks. HDFC ERGO may provide attractive benefits to its employees

Dislikes

Compensation and Benefits

Agency Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Oct 2023

3.0

for Salary and Benefits

Likes

The company thinks very highly of its customers

Dislikes

company is providing new employees with higher compensation packages than existing employees, without offering any increment to the latter. This can create dissatisfaction among the older employees.

Assistant Manager in Tinsukia

Full Time

Other Department

4.0

• posted on 15 Jul 2023

3.0

for Salary and Benefits

Likes

Dislikes

Salary structure need to be check ( destination wise salary is not upto the market level ) & also the annual bonus is to low special for the sale team. At least should get more incentive than operation.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Ergo General Insurance Business Analyst Salary FAQs

What is the salary of Business Analyst at HDFC Ergo General Insurance Mumbai?

Business Analyst salary at HDFC Ergo General Insurance in Mumbai ranges between ₹7.0 Lakhs to ₹15.7 Lakhs for experience between 1 years to 10 years. According to our estimates it is 1% less than the average Business Analyst Salary in India. Salary estimates are based on 15 latest salaries received from various employees of HDFC Ergo General Insurance Mumbai.

How does the salary of a Business Analyst at HDFC Ergo General Insurance Mumbai compare with the average salary range for this job?

The average salary of a Business Analyst at HDFC Ergo General Insurance is 1% less than the average salary of a Business Analyst in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Business Analyst at HDFC Ergo General Insurance?

Strategic Alliances, General Insurance, Brd, Python and Business Analysis are some of the popular skills required to work as a Business Analyst at HDFC Ergo General Insurance Mumbai.

Which similar companies are paying more than HDFC Ergo General Insurance to a Business Analyst in Mumbai?

Bajaj Allianz Life Insurance Business Analyst Salary - ₹6.0 Lakhs to ₹16.5 Lakhs per year

What is the salary of a Business Analyst in companies similar to HDFC Ergo General Insurance in Mumbai?

ICICI Lombard General Insurance Company Business Analyst Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
Tata AIG Business Analyst Salary - ₹5.0 Lakhs to ₹14.5 Lakhs per year
SBI General Insurance Business Analyst Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Sun Life Insurance Business Analyst Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
Tata AIA Life Insurance Business Analyst Salary - ₹7.1 Lakhs to ₹13.3 Lakhs per year

What is the estimated take home salary of a Business Analyst at HDFC Ergo General Insurance in Mumbai?

The estimated take-home salary of a Business Analyst at HDFC Ergo General Insurance ranges between ₹73,524 per month to ₹75,423 per month in Mumbai. The take-home salary calculation is based on the average HDFC Ergo General Insurance Business Analyst salary in India which ranges between ₹7.0 Lakhs to ₹15.7 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Business Analyst at HDFC Ergo General Insurance in Mumbai?

According to AmbitionBox, 63% of the HDFC Ergo General Insurance Business Analysts in Mumbai reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Business Analyst Salaries in Mumbai

HDFC Ergo General Insurance Business Analyst salary in Mumbai ranges between ₹7 Lakhs to ₹15.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.