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ICICI Prudential Life Insurance Business Analyst salaries in Pune (Updated 2025)

Annual salary range
1 - 5 years exp.
₹5.8 Lakhs - ₹11.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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27% less than the average Business Analyst Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Business Analyst Salary
4 - 5 years exp. (3 salaries)
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₹7.7 L/yr - ₹11.5 L/yr

Data Science & Analytics
Business Analyst Salary
2 - 4 years exp. (3 salaries)
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₹6.5 L/yr - ₹8 L/yr

Customer Success, Service & Operations
Business Analyst Salary
2 years exp. (AmbitionBox Estimate)
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₹5.8 L/yr - ₹8.8 L/yr

Last Updated: 19 Feb 2025

Companies similar to ICICI Prudential Life Insurance for Business Analyst in Pune

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ICICI Prudential Life Insurance Business Analyst Salary

1 - 5 years exp. (9 salaries)

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₹5.8 L/yr - ₹11.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.7 L/yr - ₹16.4 L/yr

arrow icon 19% more
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Allianz Business Analyst Salary

3 - 8 years exp. (22 salaries)

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₹5.2 L/yr - ₹18.3 L/yr

arrow icon 44% more
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Gallagher Business Analyst Salary

2 - 8 years exp. (21 salaries)

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₹2.8 L/yr - ₹11 L/yr

arrow icon 20% less
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₹4.8 L/yr - ₹12.1 L/yr

At par
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Tata AIA Life Insurance Business Analyst Salary

4 - 10 years exp. (12 salaries)

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₹4 L/yr - ₹9 L/yr

arrow icon 15% less
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HDFC Life Business Analyst Salary

3 - 8 years exp. (11 salaries)

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₹4.2 L/yr - ₹12 L/yr

At par
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₹4.1 L/yr - ₹6 L/yr

arrow icon 24% less
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₹7.1 L/yr - ₹9.4 L/yr

arrow icon 18% more
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₹5 L/yr - ₹11.3 L/yr

arrow icon 27% more
Business Analyst salary at ICICI Prudential Life Insurance ranges between ₹5.8 Lakhs to ₹11.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 9 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Business Analyst in Pune

1mo ago
₹5.8 Lakhs
2 years exp.
2mo ago
₹11.5 Lakhs
5 years exp.
3mo ago
₹11 Lakhs
5 years exp.
9mo ago
₹6 Lakhs
1 year exp.

Experience wise ICICI Prudential Life Insurance Business Analyst salaries in Pune

Last Updated: 19 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹6.6 L/yr - ₹8.4 L/yr
2 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.7 L/yr
3 years (AmbitionBox Estimate)

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₹7 L/yr - ₹8.9 L/yr
4 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
5 years  (3 salaries)

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₹3.3 L/yr - ₹11.5 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

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₹3.3 L/yr - ₹5 L/yr
Team Lead Salary
(4 salaries)
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₹2.75 L/yr - ₹5.25 L/yr
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₹14 L/yr - ₹14.5 L/yr

Top skills at ICICI Prudential Life Insurance for Business Analyst

Usage Monitoring Forecasting Analytics Business Analysis

Salary related reviews for ICICI Prudential Life Insurance

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 10 Jan 2025

3.0
 for  Salary and Benefits

Likes

Salary package.

Dislikes

There is not have any work life balance, specially in group claims ,manager is not cooperative, for a single day sick leave also they asked like why did you inform previously.saturdays are working for partial employees.Hr &Sr Management is not supportive for employees they are at side of only managers.Promotion criteria is not basis of performance but on favourtism basis....hr will not assure that your conversation will be confidential & but each information gave to senior rather than to help out employees get more torture from manager.

read more
  • Skill development - Bad
  • +5 more

Marketing & Communication Department

1.0
  •  posted on 26 Apr 2022

1.0
 for  Salary and Benefits

Likes

...sive word. Never Suggest anyone to work here, specially for sales job profile. Pros: salary on time and job security

read more
  • Job security - Good

Dislikes

  • Salary - Bad
  • Skill development - Bad
  • +4 more

Engineering - Software & QA Department

5.0
  •  posted on 06 Sep 2019

5.0
 for  Salary and Benefits

Likes

I love the fact that i’m a part of a team that reliable l, high-quality products and has a global client base. As a result i get to interact with high profile people, celebrity and many more thinks to learn Another plus point is that my colleagues and Leadership Team is very much supportive & we work happily in collaboration.!!☺️

read more
  • Salary - Excellent
  • +6 more

Dislikes

...gative wives so sometime we have to work more than shift timing but it’s okay becouse if we will spend more hours will get more salary.

read more

Agency Sales Department

3.0
  •  posted on 08 Aug 2020

4.0
 for  Salary and Benefits

Likes

Salary is ok, training is provided on the regular basis. Bonus and increaments are good.

read more
  • Salary - Good
  • +1 more

Dislikes

Internal politics in management and higher posts, superior treats like a dog. Very bad and abusive language is used on the bad days. Little to no patience is there in the upper management.

read more
  • Promotions - Poor
  • +1 more

Bancaasurance Department

3.0
  •  posted on 05 Apr 2019

3.0
 for  Salary and Benefits

Likes

icici is itself a brand and it has its own value the best thing about icici that the customer satisfaction is the best one and the products services or any issue regarding anything can be solved easily

read more
  • Job security - Good
  • +1 more

Dislikes

Not satisfactory compensation and the career growth is very slow because insurance is a prosuct that 90% people dnt understand or dnt buy or miss guided by their friends and the last one thing is leaves are given very few

read more
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ICICI Prudential Life Insurance Business Analyst Salary FAQs

What is the salary of Business Analyst at ICICI Prudential Life Insurance in Pune?
The average salary of a Business Analyst at ICICI Prudential Life Insurance in Pune typically ranges from ₹5.8 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Business Analyst in Pune at ICICI Prudential Life Insurance earn more than ₹11.3 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Business Analyst Salaries at ICICI Prudential Life Insurance 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 9 ICICI Prudential Life Insurance employees in India.
What is the estimated take home salary of a Business Analyst at ICICI Prudential Life Insurance in Pune?
The estimated take-home salary of a Business Analyst at ICICI Prudential Life Insurance in Pune typically ranges from ₹56,731 to ₹58,155 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 1 year to 5 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 9 salaries received from various employees of ICICI Prudential Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Analyst at ICICI Prudential Life Insurance in Pune?
To be a Business Analyst at ICICI Prudential Life Insurance in Pune, the key skills required include:

  • - Usage
  • - Monitoring
  • - Forecasting
  • - Analytics
  • - Business Analysis

These skills are highly valued at ICICI Prudential Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ICICI Prudential Life Insurance for Business Analyst in India?
Allianz ₹5.2 Lakhs to ₹18.3 Lakhs per year
Star Health & Allied Insurance ₹5.0 Lakhs to ₹11.3 Lakhs per year
Bajaj Allianz Life Insurance ₹3.7 Lakhs to ₹16.4 Lakhs per year
HDFC Ergo General Insurance ₹7.1 Lakhs to ₹9.4 Lakhs per year
ICICI Lombard General Insurance Company ₹4.8 Lakhs to ₹12.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Prudential Life Insurance, depending on the role and experience level.
What is the salary of a Business Analyst in companies similar to ICICI Prudential Life Insurance in Pune?
The salary of a Business Analyst at companies similar to ICICI Prudential Life Insurance in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life ₹4.2 Lakhs to ₹12.0 Lakhs per year
Tata AIA Life Insurance ₹4.0 Lakhs to ₹9.0 Lakhs per year
Gallagher ₹2.8 Lakhs to ₹11.0 Lakhs per year
Axis Max Life Insurance ₹4.1 Lakhs to ₹6.0 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 Business Analyst at ICICI Prudential Life Insurance in Pune?
The salary growth for a Business Analyst at ICICI Prudential Life Insurance in Pune depends on factors such as experience, performance, and promotions. On average, a Business Analyst in Pune can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience Average Salary Range
1 year ₹6.6 Lakhs to ₹8.4 Lakhs per year
2 years ₹6.8 Lakhs to ₹8.7 Lakhs per year
3 years ₹7.0 Lakhs to ₹8.9 Lakhs per year
4 years ₹7.2 Lakhs to ₹9.2 Lakhs per year
and so on.

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ICICI Prudential Life Insurance Business Analyst salary in Pune ranges between ₹5.8 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.