Insurance Company Business Analyst Salaries by 5 Employees

1 - 11 years exp.

₹1.8 Lakh - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

64% less than the average Business Analyst Salary in Real Estate Companies for 1 - 11 years of experience

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Salaries in different departments

Finance & Accounting Business Analyst Salary 11 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr
Production, Manufacturing & Engineering Business Analyst Salary 1 year exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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Sales & Business Development Business Analyst Salary 10 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 16 Mar 2023

Companies similar to Insurance Company for Business Analyst

Company name	Avg Annual Salary	Open Jobs
JLL Business Analyst Salary 0 - 9 years exp. (64 salaries)	₹3.6 L/yr - ₹14.7 L/yr 132% more
CBRE Business Analyst Salary 0 - 7 years exp. (50 salaries)	₹4.5 L/yr - ₹13.5 L/yr 112% more	1 job opening
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NoBroker Business Analyst Salary 1 - 5 years exp. (31 salaries)	₹3.7 L/yr - ₹11 L/yr 79% more
Cushman & Wakefield Business Analyst Salary 0 - 5 years exp. (7 salaries)	₹6 L/yr - ₹11 L/yr 111% more
Lodha Group Business Analyst Salary 2 - 11 years exp. (4 salaries)	₹6 L/yr - ₹9 L/yr 110% more
ASSA ABLOY Business Analyst Salary 11 years exp. (3 salaries)	₹45 L/yr - ₹60 L/yr 1301% more
Colliers India Business Analyst Salary 3 - 6 years exp. (3 salaries)	₹5.1 L/yr - ₹6.6 L/yr 60% more

Business Analyst salary at Insurance Company ranges between ₹1.8 Lakh to ₹5.5 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Insurance Company.

Experience wise Insurance Company Business Analyst salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
10 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.5 L/yr

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₹26.8 L/yr - ₹34.3 L/yr

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₹4 L/yr - ₹4.5 L/yr

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₹10.8 L/yr - ₹13.8 L/yr

Salary related reviews for Insurance Company

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Compensation is decent but growth is low.the work pressure is very high.

Financial Planner in Lagos

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3.0

• posted on 06 Jun 2018

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for Salary and Benefits

Likes

...under a well secured environment and safe work environment while doing our work. Concerning salary and appraisal Unic went extra mile in making sure that we have our salary worth and also do appraisal monthly for promotion chances. The job involves quite lot of traveling and we are being provided with transportation as the case may be. Conflicts challenges were being handled with utmost care and importance and resolutions were made and reconciliation and ensure the signing of codes of ethics by every worker. The work environment in Unic is peaceful and encourages great thinking outside box in problems tackling and every other thing and life in accordance with the job were well planned and our roles took proper care and attendance to our customers.

Skill development - Excellent

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I do not dislike anything in Unic insurance while working for them and am boastful of our relationship till date as okay, fine and pleasing.

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BFSI, Investments & Trading Department

1.0

• posted on 17 Sep 2023

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for Salary and Benefits

Likes

Only fraudulent investigation officer take benefits with this, only customer faces issue at all the stages after taking policy of companies

Salary - Excellent

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Only fraudulent investigation officer take benefits with this, only customer faces issue at all the stages after taking policy of companies

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Time Keeper (working remotely)

Full Time

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• posted on 21 Jul 2023

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for Salary and Benefits

Likes

Insurance company offers several benefits. Learning all the benefits of working for an insurance company can help you decide if working in the insurance field is the right choice.

Salary - Excellent

+6 more

Dislikes

Iam not convinced with this organization is the best place to continue developing ky career.

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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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Insurance Company Business Analyst Salary FAQs

What is the salary of Business Analyst at Insurance Company ?

The average salary of a Business Analyst at Insurance Company in India typically ranges from ₹1.8 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Business Analyst at Insurance Company earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Business Analyst Salaries at Insurance Company 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 5 Insurance Company employees in India.

What is the estimated take home salary of a Business Analyst at Insurance Company in India?

The estimated take-home salary of a Business Analyst at Insurance Company in India typically ranges from ₹26,067 to ₹27,490 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 1 year to 11 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 5 salaries received from various employees of Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Insurance Company for Business Analyst in India?

ASSA ABLOY	₹45.0 Lakhs to ₹60.0 Lakhs per year
JLL	₹3.6 Lakhs to ₹14.7 Lakhs per year
CBRE	₹4.5 Lakhs to ₹13.5 Lakhs per year
Cushman & Wakefield	₹6.0 Lakhs to ₹11.0 Lakhs per year
Lodha Group	₹6.0 Lakhs to ₹9.0 Lakhs per year

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

What is the salary of a Business Analyst in companies similar to Insurance Company in India?

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

NoBroker	₹3.7 Lakhs to ₹11.0 Lakhs per year
Colliers India	₹5.1 Lakhs to ₹6.6 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 Insurance Company in India?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.2 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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Insurance Company Business Analyst Salaries

Insurance Company Business Analyst salary in India ranges between ₹1.8 Lakh to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Insurance Company latest salaries received from various employees of Insurance Company.