Insurance Company Business Analyst Salaries by 5 Employees (Updated 2024)

1 - 11 years exp.

₹1.8 Lakh - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

63% 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 1 - 9 years exp. (54 salaries)	₹3 L/yr - ₹12 L/yr 103% more
CBRE Business Analyst Salary 0 - 7 years exp. (48 salaries)	₹4.5 L/yr - ₹13 L/yr 111% more
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Cushman & Wakefield Business Analyst Salary 0 - 5 years exp. (5 salaries)	₹6 L/yr - ₹10 L/yr 130% more
Lodha Group Business Analyst Salary 2 - 11 years exp. (4 salaries)	₹6 L/yr - ₹9 L/yr 110% 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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Similar Designation salaries in Insurance Company

Senior Analyst Salary

(3 salaries)

₹3 L/yr - ₹9.7 L/yr

Data Analyst Salary

(5 salaries)

₹1.2 L/yr - ₹2.1 L/yr

Analyst Salary

(5 salaries)

₹4 L/yr - ₹9 L/yr

Team Lead Salary

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₹1.6 L/yr - ₹6 L/yr

Data Scientist Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Senior Associate Salary

(12 salaries)

₹2.6 L/yr - ₹7 L/yr

Product Manager Salary

(AmbitionBox Estimate)

₹26.8 L/yr - ₹34.3 L/yr

Deputy Manager Salary

(6 salaries)

₹4 L/yr - ₹4.5 L/yr

Associate Consultant Salary

(3 salaries)

₹2.4 L/yr - ₹5.5 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Salary related reviews for Insurance Company

Field Executive in Noida Sector 16

Other Department

4.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

...agement is transparent.there is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Bancassurance

Sales Department

5.0

• posted on 28 Jun 2019

5.0

for Salary and Benefits

Likes

Excellent organization one of the great insurance company in Pakistan. It's multinational company.this company provide me a great working environment. Very highly qualified staff.

Dislikes

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

Financial Planner in Lagos

Finance Department

3.0

• posted on 06 Jun 2018

3.0

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.

Dislikes

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.

Customer Care Executive in Only Fraudulent Investigation Officer Take Benefits With This, Only Customer Faces Issue At All The

Contractual

BFSI, Investments & Trading Department

1.0

• posted on 17 Sep 2023

5.0

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

Dislikes

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

Time Keeper (working remotely)

Full Time

Human Resources Department

5.0

• posted on 21 Jul 2023

5.0

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.

Dislikes

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Insurance Company Business Analyst Salary FAQs

What is the salary of Business Analyst at Insurance Company?

Business Analyst salary at Insurance Company in India ranges between ₹1.8 Lakhs to ₹5.5 Lakhs for experience between 1 years to 11 years. According to our estimates it is 63% less than the average Business Analyst Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Insurance Company India.

How does the salary of a Business Analyst at Insurance Company India compare with the average salary range for this job?

The average salary of a Business Analyst at Insurance Company is 63% less than the average salary of a Business Analyst in India. To know exact salary insights, login to view.

Which similar companies are paying more than Insurance Company to a Business Analyst in India?

Cushman & Wakefield Business Analyst Salary - ₹6.0 Lakhs to ₹10.0 Lakhs per year
CBRE Business Analyst Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
Lodha Group Business Analyst Salary - ₹6.0 Lakhs to ₹9.0 Lakhs per year
JLL Business Analyst Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
Colliers India Business Analyst Salary - ₹5.1 Lakhs to ₹6.6 Lakhs per year

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 ranges between ₹26,067 per month to ₹27,490 per month in India. The take-home salary calculation is based on the average Insurance Company Business Analyst salary in India which ranges between ₹1.8 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Business Analyst at Insurance Company?

According to AmbitionBox, 50% of the Insurance Company Business Analysts reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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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.