HDFC Life Mumbai Senior Business Analyst Salaries by 6 Employees (Updated 2025)

1 - 8 years exp.

₹8.5 Lakhs - ₹21.8 Lakhs

Salary of majority employees

21% less than the average Senior Business Analyst Salary in Insurance Companies for 1 - 8 years of experience

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Last Updated: 14 Feb 2025

Companies similar to HDFC Life for Senior Business Analyst in Mumbai

HDFC Life Senior Business Analyst Salary

1 - 8 years exp. (6 salaries)

₹8.5 L/yr - ₹21.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Senior Business Analyst Salary 8 - 11 years exp. (4 salaries)	₹5 L/yr - ₹11.5 L/yr 36% 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
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PNB MetLife Senior Business Analyst Salary 6 - 14 years exp. (3 salaries)	₹3.8 L/yr - ₹8 L/yr 46% less
ICICI Lombard General Insurance Company Senior Business Analyst Salary 4 - 9 years exp. (6 salaries)	₹7 L/yr - ₹16 L/yr 1% less
HDFC Ergo General Insurance Senior Business Analyst Salary 9 - 12 years exp. (3 salaries)	₹8 L/yr - ₹19.8 L/yr 10% more

Senior Business Analyst salary at HDFC Life ranges between ₹8.5 Lakhs to ₹21.8 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Business Analyst salaries in Mumbai

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹9.8 L/yr - ₹19.5 L/yr
2 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
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3 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹15 L/yr
5 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.6 L/yr
6 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
7 years (3 salaries)	₹8.4 L/yr - ₹13 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹22.6 L/yr

View all

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Salary related reviews for HDFC Life

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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HDFC Life Senior Business Analyst Salary FAQs

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

Senior Business Analyst salary at HDFC Life in Mumbai ranges between ₹8.5 Lakhs to ₹21.8 Lakhs for experience between 1 years to 8 years. According to our estimates it is 21% less than the average Senior Business Analyst Salary in India. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Senior Business Analyst at HDFC Life is 21% less than the average salary of a Senior Business Analyst in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Senior Business Analyst in Mumbai?

HDFC Ergo General Insurance Senior Business Analyst Salary - ₹8.0 Lakhs to ₹19.8 Lakhs per year

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

ICICI Lombard General Insurance Company Senior Business Analyst Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
Aditya Birla Sun Life Insurance Senior Business Analyst Salary - ₹6.3 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindara Life Insurance Senior Business Analyst Salary - ₹5.0 Lakhs to ₹11.5 Lakhs per year
PNB MetLife Senior Business Analyst Salary - ₹3.8 Lakhs to ₹8.0 Lakhs per year

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

The estimated take-home salary of a Senior Business Analyst at HDFC Life ranges between ₹86,884 per month to ₹89,161 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Senior Business Analyst salary in India which ranges between ₹8.5 Lakhs to ₹21.8 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 Senior Business Analyst at HDFC Life in Mumbai?

According to AmbitionBox, 100% of the HDFC Life Senior Business Analysts in Mumbai reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Life Senior Business Analyst Salaries in Mumbai

HDFC Life Senior Business Analyst salary in Mumbai ranges between ₹8.5 Lakhs to ₹21.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Life latest salaries received from various employees of HDFC Life.