Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Kotak Mahindara Life Insurance Team. If you also belong to the team, you can get access from here
filter salariesFilter salaries by

Kotak Mahindara Life Insurance Senior Business Analyst salaries in India

Annual salary range
8 - 11 years exp.
₹5 Lakhs - ₹11.5 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

48% less than the average Senior Business Analyst Salary in Insurance Companies for 8 - 11 years of experience

Interested in this particular role?

Salaries in different departments

Project & Program Management
Senior Business Analyst Salary
10 - 11 years exp. (AmbitionBox Estimate)
unlock-blur

₹9 L/yr - ₹11.5 L/yr

BFSI, Investments & Trading
Senior Business Analyst Salary
8 years exp. (AmbitionBox Estimate)
unlock-blur

₹4.5 L/yr - ₹5.5 L/yr

Data Science & Analytics
Senior Business Analyst Salary
9 years exp. (AmbitionBox Estimate)
unlock-blur

₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for Senior Business Analyst

Company name Avg Annual Salary Open Jobs
Logo
Swiss Re Senior Business Analyst Salary

6 - 13 years exp. (26 salaries)

unlock blur

₹14 L/yr - ₹29.5 L/yr

arrow icon 168% more
Logo
HDFC Life Senior Business Analyst Salary

3 - 12 years exp. (16 salaries)

unlock blur

₹8.3 L/yr - ₹22.6 L/yr

arrow icon 59% more
unlock blur

₹7 L/yr - ₹19.1 L/yr

arrow icon 85% more
unlock blur

₹9.9 L/yr - ₹16 L/yr

arrow icon 33% more
Logo
Gallagher Senior Business Analyst Salary

4 - 9 years exp. (9 salaries)

unlock blur

₹3.7 L/yr - ₹7.5 L/yr

arrow icon 17% less
unlock blur

₹4.1 L/yr - ₹11 L/yr

arrow icon 6% more
Logo
Empower Senior Business Analyst Salary

5 - 10 years exp. (7 salaries)

unlock blur

₹7.5 L/yr - ₹20 L/yr

arrow icon 66% more
unlock blur

₹9 L/yr - ₹12.3 L/yr

arrow icon 22% more
unlock blur

₹8.5 L/yr - ₹14.5 L/yr

arrow icon 43% more
unlock blur

₹8.5 L/yr - ₹18 L/yr

arrow icon 76% more
unlock blur

₹1 L/yr - ₹8 L/yr

arrow icon 55% less
unlock blur

₹6.3 L/yr - ₹14 L/yr

arrow icon 16% more
unlock blur

₹8 L/yr - ₹19.8 L/yr

arrow icon 54% more
unlock blur

₹1.1 L/yr - ₹10 L/yr

arrow icon 26% less
Logo
AXA Senior Business Analyst Salary

1 - 2 years exp. (3 salaries)

unlock blur

₹4.5 L/yr - ₹7 L/yr

arrow icon 28% less
Logo
AIG Senior Business Analyst Salary

5 - 16 years exp. (3 salaries)

unlock blur

₹5.7 L/yr - ₹15.5 L/yr

arrow icon 56% more
Senior Business Analyst salary at Kotak Mahindara Life Insurance ranges between ₹5 Lakhs to ₹11.5 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Senior Business Analyst

1y ago
avg blur mobile
10 years exp.
1y ago
avg blur mobile
11 years exp.
1y ago
avg blur mobile
9 years exp.
1y ago
avg blur mobile
8 years exp.

Experience wise Kotak Mahindara Life Insurance Senior Business Analyst salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

unlock blur

₹5 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)

unlock blur

₹6 L/yr - ₹12.2 L/yr
10 years (AmbitionBox Estimate)

unlock blur

₹9 L/yr - ₹9 L/yr
11 years (AmbitionBox Estimate)

unlock blur

₹4.5 L/yr - ₹11.5 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

unlock blur
₹2.1 L/yr - ₹8.91 L/yr
Senior Data Analyst Salary
(AmbitionBox Estimate)
unlock blur
₹3.8 L/yr - ₹4.8 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
unlock blur
₹4.9 L/yr - ₹6.2 L/yr
unlock blur
₹24 L/yr - ₹65 L/yr
unlock blur
₹2.8 L/yr - ₹3.51 L/yr
Senior Software Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹9 L/yr - ₹11.5 L/yr
Data Analyst Salary
(6 salaries)
unlock blur
₹4 L/yr - ₹5 L/yr
Analyst Salary
(4 salaries)
unlock blur
₹2.6 L/yr - ₹15.8 L/yr
Data Scientist Salary
(3 salaries)
unlock blur
₹8.1 L/yr - ₹10.4 L/yr
Team Lead Salary
(34 salaries)
unlock blur
₹1.2 L/yr - ₹6.95 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 04 Jan 2025

3.0
 for  Salary and Benefits

Likes

Only job security

Dislikes

Work environment was not at all good hr and manager gives false commitment they ask to come on Sunday without pay 7 days a week and daily extend shift without any OT or something no positive environment they treat us like machine

read more
  • Skill development - Poor
  • +4 more

Alternate Sales Department

2.0
  •  posted on 13 Apr 2022

2.0
 for  Salary and Benefits

Likes

Kotak Mahindra Bank branches alloted were doing good business

Dislikes

1st salary badly delayed, but was personally sorted by HR. No support even in case of family emergency and hence had to resign having no choice

read more
  • Salary - Poor
  • +5 more

BFSI, Investments & Trading Department

4.0
  •  posted on 16 Jun 2020

2.0
 for  Salary and Benefits

Likes

...fe.Team mates are supportive. This is the second appraisal but mine is not done. Till now no salary hike which demotivate employee .work culture is good.

read more
  • Skill development - Good
  • +1 more

Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

  • Company culture - Good

Dislikes

... Company gives me 2.5% hike in appraisal after achieving a 70% of YTD Target.... Appraisal and salary hike processes at Kotak Life Insurance are deeply disappointing. Despite dedicated efforts and meeting performance targets, the appraisal system feels arbitrary and lacks transparency. Promises of career growth and salary increments are often unfulfilled, leaving employees demotivated and undervalued. There’s a noticeable disparity between the workload expectations and the compensation provided, which doesn’t align with industry standards. This undermines morale and loyalty among employees, impacting overall productivity and retention. Clearer and fairer appraisal policies are urgently needed to retain talent and boost employee satisfaction."

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Nov 2024

1.0
 for  Salary and Benefits

Likes

work life balance and the culture of the organization

  • Job security - Good
  • +2 more

Dislikes

Salary not up to the mark. not paid as per industry standard. additional branches, additional works given without proper hike in salary. Branches have poor depressing culture, no celebration, revenue generating teams at branches are recognized, not the backend teams irrespective of their contribution to the success. Overall branches are not happy place to work.

read more
  • Salary - Bad
  • +1 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindara Life Insurance Senior Business Analyst Salary FAQs

What is the salary of Senior Business Analyst at Kotak Mahindara Life Insurance ?
The average salary of a Senior Business Analyst at Kotak Mahindara Life Insurance in India typically ranges from ₹5.0 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 8 years to 11 years).

The top 10% of Senior Business Analyst at Kotak Mahindara Life Insurance earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Senior Business Analyst Salaries at Kotak Mahindara 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 4 Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Senior Business Analyst at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Senior Business Analyst at Kotak Mahindara Life Insurance in India typically ranges from ₹59,020 to ₹60,509 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 8 years 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 4 salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Senior Business Analyst in India?
Swiss Re ₹14.0 Lakhs to ₹29.5 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
HDFC Life ₹8.3 Lakhs to ₹22.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
What is the salary of a Senior Business Analyst in companies similar to Kotak Mahindara Life Insurance in India?
The salary of a Senior Business Analyst at companies similar to Kotak Mahindara Life Insurance 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
Axis Max Life Insurance ₹9.0 Lakhs to ₹12.3 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 Kotak Mahindara Life Insurance in India?
The salary growth for a Senior Business Analyst at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Business Analyst can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
8 years ₹5.0 Lakhs to ₹5.0 Lakhs per year
9 years ₹6.0 Lakhs to ₹12.2 Lakhs per year
10 years ₹9.0 Lakhs to ₹9.0 Lakhs per year
11 years ₹4.5 Lakhs to ₹11.5 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Senior Business Analyst salary in India ranges between ₹5 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.