HDFC Life Senior Business Analyst Salaries by 10+ Employees (Updated 2025)

3 - 12 years exp.

₹8.3 Lakhs - ₹22.6 Lakhs

Salary of majority employees

16% less than the average Senior Business Analyst Salary in Insurance Companies for 3 - 12 years of experience

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Salaries in different departments

Data Science & Analytics Senior Business Analyst Salary 3 - 11 years exp. (11 salaries)	₹8.3 L/yr - ₹22.6 L/yr
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Product Management Senior Business Analyst Salary 8 - 12 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹19 L/yr

Last Updated: 7 Mar 2025

Companies similar to HDFC Life for Senior Business Analyst

Company name	Avg Annual Salary	Open Jobs
Swiss Re Senior Business Analyst Salary 6 - 13 years exp. (26 salaries)	₹14 L/yr - ₹29.5 L/yr 69% more
Allianz Senior Business Analyst Salary 3 - 10 years exp. (23 salaries)	₹7.8 L/yr - ₹24.1 L/yr 27% more
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Bajaj Allianz Life Insurance Senior Business Analyst Salary 3 - 12 years exp. (14 salaries)	₹7 L/yr - ₹19.1 L/yr 17% more
ICICI Lombard General Insurance Company Senior Business Analyst Salary 3 - 7 years exp. (10 salaries)	₹9.9 L/yr - ₹16 L/yr 16% less
Gallagher Senior Business Analyst Salary 4 - 9 years exp. (9 salaries)	₹3.7 L/yr - ₹7.5 L/yr 48% less
Shriram Life Insurance Senior Business Analyst Salary 4 - 8 years exp. (8 salaries)	₹4.1 L/yr - ₹11 L/yr 33% less
Empower Senior Business Analyst Salary 5 - 10 years exp. (7 salaries)	₹7.5 L/yr - ₹20 L/yr 4% more
PNB MetLife Senior Business Analyst Salary 5 - 14 years exp. (7 salaries)	₹3.8 L/yr - ₹8 L/yr 57% less
Axis Max Life Insurance Senior Business Analyst Salary 5 - 15 years exp. (6 salaries)	₹9 L/yr - ₹12.3 L/yr 23% less
ICICI Prudential Life Insurance Senior Business Analyst Salary 3 - 6 years exp. (5 salaries)	₹8.5 L/yr - ₹14.5 L/yr 10% less
Star Health & Allied Insurance Senior Business Analyst Salary 4 - 16 years exp. (5 salaries)	₹8.5 L/yr - ₹18 L/yr 11% more
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Tata AIA Life Insurance Senior Business Analyst Salary 4 - 13 years exp. (4 salaries)	₹4 L/yr - ₹18 L/yr 20% less
Aditya Birla Sun Life Insurance Senior Business Analyst Salary 1 - 12 years exp. (4 salaries)	₹6.3 L/yr - ₹14 L/yr 27% less
HDFC Ergo General Insurance Senior Business Analyst Salary 5 - 12 years exp. (4 salaries)	₹8 L/yr - ₹19.8 L/yr 3% less
SBI Life Insurance Company Senior Business Analyst Salary 5 - 14 years exp. (4 salaries)	₹1.1 L/yr - ₹10 L/yr 53% less
Kotak Mahindara Life Insurance Senior Business Analyst Salary 8 - 11 years exp. (4 salaries)	₹5 L/yr - ₹11.5 L/yr 37% less
AXA Senior Business Analyst Salary 1 - 3 years exp. (3 salaries)	₹4.5 L/yr - ₹7 L/yr 55% less
AIG Senior Business Analyst Salary 5 - 16 years exp. (3 salaries)	₹5.7 L/yr - ₹15.5 L/yr 2% less

Senior Business Analyst salary at HDFC Life ranges between ₹8.3 Lakhs to ₹22.6 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 16 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Business Analyst salaries

Last Updated: 7 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹13 L/yr
4 years (3 salaries)	₹8.3 L/yr - ₹16 L/yr
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5 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
6 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹14 L/yr
7 years (4 salaries)	₹8.4 L/yr - ₹13 L/yr
8 years (3 salaries)	₹8.5 L/yr - ₹22.6 L/yr
9 years (AmbitionBox Estimate)	₹13 L/yr - ₹23.9 L/yr
10 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹18.5 L/yr
12 years (AmbitionBox Estimate)	₹11 L/yr - ₹25.8 L/yr

View all

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Salary related reviews for HDFC Life

5.0

Rated by 1 employees for salary & benefits

Senior Associate in Machilipatnam

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.

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.

Promotions - Poor

Senior Associate in Mumbai

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.

Salary - Bad

+6 more

Business Development Manager in Vasai-Virar

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.

Work satisfaction - Bad

+2 more

Senior Associate in Patna

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

Salary - Bad

+6 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

Job security - Good

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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HDFC Life Senior Business Analyst Salary FAQs

What is the salary of Senior Business Analyst at HDFC Life ?

The average salary of a Senior Business Analyst at HDFC Life in India typically ranges from ₹8.3 Lakhs to ₹22.6 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Senior Business Analyst at HDFC Life earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹22.6 Lakhs per year. Senior Business Analyst Salaries at HDFC Life 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+ HDFC Life employees in India.

What is the estimated take home salary of a Senior Business Analyst at HDFC Life in India?

The estimated take-home salary of a Senior Business Analyst at HDFC Life in India typically ranges from ₹90,002 to ₹92,368 per month. This is based on the average salary range of ₹8.3 Lakhs to ₹22.6 Lakhs per year for employees with experience ranging from 3 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 HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Life for Senior Business Analyst in India?

Swiss Re	₹14.0 Lakhs to ₹29.5 Lakhs per year
Allianz	₹7.8 Lakhs to ₹24.1 Lakhs per year
Bajaj Allianz Life Insurance	₹7.0 Lakhs to ₹19.1 Lakhs per year
Star Health & Allied Insurance	₹8.5 Lakhs to ₹18.0 Lakhs per year
Empower	₹7.5 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Life, depending on the role and experience level.

What is the salary of a Senior Business Analyst in companies similar to HDFC Life in India?

The salary of a Senior Business Analyst at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AIG	₹5.7 Lakhs to ₹15.5 Lakhs per year
HDFC Ergo General Insurance	₹8.0 Lakhs to ₹19.8 Lakhs per year
ICICI Prudential Life Insurance	₹8.5 Lakhs to ₹14.5 Lakhs per year
ICICI Lombard General Insurance Company	₹9.9 Lakhs to ₹16.0 Lakhs per year
Tata AIA Life Insurance	₹4.0 Lakhs to ₹18.0 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 Senior Business Analyst at HDFC Life in India?

The salary growth for a Senior Business Analyst at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Senior Business Analyst can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
3 years	₹4.4 Lakhs to ₹13.0 Lakhs per year
4 years	₹8.3 Lakhs to ₹16.0 Lakhs per year
5 years	₹10.6 Lakhs to ₹13.6 Lakhs per year
6 years	₹10.9 Lakhs to ₹14.0 Lakhs per year

and so on.

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HDFC Life Senior Business Analyst Salaries

HDFC Life Senior Business Analyst salary in India ranges between ₹8.3 Lakhs to ₹22.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 HDFC Life latest salaries received from various employees of HDFC Life.