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HDFC Life Business Analyst salaries in Mumbai

Annual salary range
1 - 8 years exp.
₹3.2 Lakhs - ₹11.1 Lakhs
Salary of majority employees
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32% less than the average Business Analyst Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

Data Science & Analytics
Business Analyst Salary
1 - 8 years exp. (7 salaries)
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₹3.5 L/yr - ₹10.9 L/yr

Engineering - Software & QA
Business Analyst Salary
3 - 8 years exp. (6 salaries)
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₹3.2 L/yr - ₹7.5 L/yr

BFSI, Investments & Trading
Business Analyst Salary
5 - 7 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹11 L/yr

Project & Program Management
Business Analyst Salary
5 - 8 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹9.3 L/yr

Marketing & Communication
Business Analyst Salary
5 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹11.3 L/yr

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Last Updated: 22 Jan 2025

Companies similar to HDFC Life for Business Analyst in Mumbai

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HDFC Life Business Analyst Salary

1 - 8 years exp. (21 salaries)

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₹3.2 L/yr - ₹11.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.5 L/yr - ₹11.1 L/yr

arrow icon 21% more
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₹6 L/yr - ₹16.5 L/yr

arrow icon 76% more
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₹10 L/yr - ₹13.3 L/yr

arrow icon 50% more
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₹3 L/yr - ₹8.9 L/yr

arrow icon 12% less
1 job opening
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₹3.6 L/yr - ₹7.5 L/yr

arrow icon 27% less
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₹4 L/yr - ₹12 L/yr

arrow icon 33% more
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₹4.5 L/yr - ₹18.2 L/yr

arrow icon 48% more
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₹7 L/yr - ₹15.7 L/yr

arrow icon 34% more
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PNB MetLife Business Analyst Salary

4 - 13 years exp. (3 salaries)

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₹5 L/yr - ₹8 L/yr

arrow icon 4% less
Business Analyst salary at HDFC Life ranges between ₹3.2 Lakhs to ₹11.1 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 21 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Business Analyst in Mumbai

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Experience wise HDFC Life Business Analyst salaries in Mumbai

Last Updated: 22 Jan 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹5 L/yr - ₹9 L/yr
2 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹10 L/yr
3 years  (3 salaries)

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₹3.2 L/yr - ₹6.5 L/yr
4 years  (3 salaries)

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₹3.9 L/yr - ₹12 L/yr
5 years  (5 salaries)

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₹4.5 L/yr - ₹11.3 L/yr
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Similar Designation salaries in HDFC Life

Senior Associate Salary
(480 salaries)
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₹1.1 L/yr - ₹4.6 L/yr
Project Manager Salary
(16 salaries)
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₹6.56 L/yr - ₹16.5 L/yr
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₹8.45 L/yr - ₹21.84 L/yr
Data Scientist Salary
(5 salaries)
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₹6.2 L/yr - ₹13 L/yr
Team Lead Salary
(5 salaries)
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₹3.29 L/yr - ₹7 L/yr
Data Analyst Salary
(3 salaries)
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₹4.2 L/yr - ₹7 L/yr

Top skills at HDFC Life for Business Analyst

Business Analysis Requirement Gathering Project Management Life Insurance CRM New Business Underwriting Requirement Gathering Bancassurance Solution Delivery Data Analysis Data Analytics Rest Stakeholder Management System Design

Salary related reviews for HDFC Life

3.1

Rated by 4 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 10 Feb 2025

1.0
 for  Salary and Benefits

Likes

Hello team m Rishabh Rastogi from HDFC LIFE Bijnor Branch, there is a lot of pressure here for work and HDFC Life is a very good brand but there are no facilities for the employees in the office.

read more
  • Work-life balance - Excellent

Dislikes

Here the calculation is less Here the salary is very high as compared to low and the facilities are also very less, the promotions target is very high and there are many parameters.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Other Department

4.0
  •  posted on 04 Oct 2024

3.0
 for  Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

read more
  • Skill development - Excellent
  • +2 more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

read more
  • Promotions - Poor

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 19 Jul 2024

1.0
 for  Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 30 May 2024

3.0
 for  Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

read more
  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 04 Jun 2023

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Low salary structure Unwanted work pressure Dirty politics Zero growth if you're not a politician in the company Non recognition of your good work No incentives even after having huge targets Manual rating system of employees, you will be judged by your amount of buttering not by your performance. Overall very bad work culture

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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HDFC Life Business Analyst Salary FAQs

What is the salary of Business Analyst at HDFC Life Mumbai?
Business Analyst salary at HDFC Life in Mumbai ranges between ₹3.2 Lakhs to ₹11.1 Lakhs for experience between 1 years to 8 years. According to our estimates it is 32% less than the average Business Analyst Salary in India. Salary estimates are based on 21 latest salaries received from various employees of HDFC Life Mumbai.
How does the salary of a Business Analyst at HDFC Life Mumbai compare with the average salary range for this job?
The average salary of a Business Analyst at HDFC Life is 32% 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 Life?
Business Analysis, Requirement Gathering, Project Management, Life Insurance and CRM are some of the popular skills required to work as a Business Analyst at HDFC Life Mumbai.
Which similar companies are paying more than HDFC Life to a Business Analyst in Mumbai?
  • Bajaj Allianz Life Insurance Business Analyst Salary - ₹6.0 Lakhs to ₹16.5 Lakhs per year
  • Tata AIA Life Insurance Business Analyst Salary - ₹10.0 Lakhs to ₹13.3 Lakhs per year
  • Aditya Birla Sun Life Insurance Business Analyst Salary - ₹4.5 Lakhs to ₹18.2 Lakhs per year
  • HDFC Ergo General Insurance Business Analyst Salary - ₹7.0 Lakhs to ₹15.7 Lakhs per year
  • ICICI Lombard General Insurance Company Business Analyst Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Business Analyst in companies similar to HDFC Life in Mumbai?
  • ICICI Prudential Life Insurance Business Analyst Salary - ₹3.5 Lakhs to ₹11.1 Lakhs per year
  • PNB MetLife Business Analyst Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
  • Kotak Mahindara Life Insurance Business Analyst Salary - ₹3.0 Lakhs to ₹8.9 Lakhs per year
  • Bharti AXA Life Insurance Business Analyst Salary - ₹3.6 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a Business Analyst at HDFC Life in Mumbai?
The estimated take-home salary of a Business Analyst at HDFC Life ranges between ₹52,890 per month to ₹54,136 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Business Analyst salary in India which ranges between ₹3.2 Lakhs to ₹11.1 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Business Analyst at HDFC Life in Mumbai?
According to AmbitionBox, 54% of the HDFC Life Business Analysts in Mumbai reported a notice period of 1 Month, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Business Analyst salary in Mumbai ranges between ₹3.2 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 21 HDFC Life latest salaries received from various employees of HDFC Life.