Life Insurance Corporation of India Data Analyst Salaries by 4 Employees

0 - 6 years exp.

₹1.1 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

70% less than the average Data Analyst Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Data Science & Analytics Data Analyst Salary 4 years exp. (AmbitionBox Estimate)	₹1 L/yr - ₹1.2 L/yr
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Human Resources Data Analyst Salary 6 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 9 Feb 2024

Companies similar to Life Insurance Corporation of India for Data Analyst

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Data Analyst Salary 0 - 7 years exp. (51 salaries)	₹3.6 L/yr - ₹12.4 L/yr 263% more
Bajaj Allianz Life Insurance Data Analyst Salary 1 - 10 years exp. (40 salaries)	₹7.1 L/yr - ₹16.6 L/yr 513% more
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Gallagher Data Analyst Salary 0 - 5 years exp. (25 salaries)	₹2 L/yr - ₹7 L/yr 90% more
Star Health & Allied Insurance Data Analyst Salary 0 - 6 years exp. (23 salaries)	₹2 L/yr - ₹9.3 L/yr 148% more
Principal Global Services Data Analyst Salary 0 - 11 years exp. (22 salaries)	₹5.5 L/yr - ₹20.8 L/yr 505% more
Bajaj Allianz General Insurance Data Analyst Salary 0 - 6 years exp. (22 salaries)	₹2.5 L/yr - ₹10 L/yr 170% more
HDFC Life Data Analyst Salary 1 - 5 years exp. (22 salaries)	₹1.6 L/yr - ₹9.7 L/yr 170% more
Axis Max Life Insurance Data Analyst Salary 0 - 7 years exp. (19 salaries)	₹3 L/yr - ₹7.5 L/yr 126% more
AIG Data Analyst Salary 0 - 3 years exp. (19 salaries)	₹2.3 L/yr - ₹7.5 L/yr 122% more
HDFC Ergo General Insurance Data Analyst Salary 0 - 4 years exp. (14 salaries)	₹2 L/yr - ₹7.1 L/yr 206% more
ICICI Prudential Life Insurance Data Analyst Salary 0 - 10 years exp. (13 salaries)	₹2.5 L/yr - ₹7.5 L/yr 128% more
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Shriram Life Insurance Data Analyst Salary 1 - 7 years exp. (11 salaries)	₹3 L/yr - ₹8 L/yr 176% more
SBI Life Insurance Company Data Analyst Salary 0 - 10 years exp. (11 salaries)	₹5 L/yr - ₹8 L/yr 229% more
Reliance Nippon Life Insurance Data Analyst Salary 0 - 4 years exp. (6 salaries)	₹6 L/yr - ₹7.5 L/yr 245% more
Kotak Mahindara Life Insurance Data Analyst Salary 0 - 5 years exp. (6 salaries)	₹4 L/yr - ₹5 L/yr 131% more
Allianz Partners Data Analyst Salary 3 - 7 years exp. (5 salaries)	₹3.2 L/yr - ₹10.3 L/yr 186% more
Allianz Data Analyst Salary 0 - 3 years exp. (5 salaries)	₹5 L/yr - ₹7.5 L/yr 212% more
Tata AIA Life Insurance Data Analyst Salary 3 - 10 years exp. (4 salaries)	₹4 L/yr - ₹6.4 L/yr 181% more
Aditya Birla Sun Life Insurance Data Analyst Salary 0 - 3 years exp. (4 salaries)	₹2.8 L/yr - ₹4 L/yr 71% more
Aditya Birla Health Insurance Co Data Analyst Salary 0 - 2 years exp. (4 salaries)	₹2 L/yr - ₹13.8 L/yr 306% more

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Data Analyst salary at Life Insurance Corporation of India ranges between ₹1.1 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Data Analyst salaries

Last Updated: 9 Feb 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹2.4 L/yr
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
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2 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
6 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr

View all

Similar Designation salaries in Life Insurance Corporation of India

MIS Analyst Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Data Scientist Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Research Analyst Salary

(3 salaries)

₹3 L/yr - ₹10 L/yr

Associate Analyst Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Business Analyst Salary

(5 salaries)

₹1.8 L/yr - ₹8.45 L/yr

Team Lead Salary

(17 salaries)

₹1.4 L/yr - ₹4 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

MIS Executive Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Salary related reviews for Life Insurance Corporation of India

3.0

Rated by 1 employees for salary & benefits

Advisor in Kulgam

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 19 Jul 2024

5.0

for Salary and Benefits

Likes

Good bonus Good incentives Respect given by whole team of LIC Good guidance and counselling and training sessions at LIC office

Salary - Excellent

+3 more

Dislikes

There is a heavy workload of getting policies and sales which is very tough to get popicies on dailg basis to achieve target.

Skill development - Poor

+2 more

Development Officer in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

5.0

• posted on 21 Sep 2023

3.0

for Salary and Benefits

Likes

Job Performing Flexibility.

Job security - Excellent

+3 more

Dislikes

...e Teams. 2. Other benefits, which are not upto the standards or satisfaction. 3. No Festival bonuses/ annual bonuses. 4. No Family bonus 5. No clarity about Pension

Promotions - Poor

Development Officer in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 20 Feb 2023

3.0

for Salary and Benefits

Likes

Good company in terms of the pay and benefits, but at a heavy price.

Dislikes

All the rules and restrictions/punishment are imposed only on class 2 officers of the organisation. Targets are imposed only on development officers.

Skill development - Poor

+5 more

Insurance Adviser in Suryapet

Full Time

Construction & Site Engineering Department

5.0

• posted on 24 Apr 2022

5.0

for Salary and Benefits

Likes

...us, we need to complete basic target - can be achieved easily to retain licence. We as agents, upon reaching membership target's, we receive bonus, advances & other benefits.

Salary - Excellent

+6 more

Dislikes

In this competitive industry, we need to implement new combination policies like pvt companies, which gives multiple benefit options to choose for customer & we need to upgrade in digital marketing/Easy ways to receive customer feedback, requests, their suggestions etc. We need to cut off those lengthy process in different sections.

Development Officer in Birbhum

Full Time

Sales & Business Development Department

3.0

• posted on 31 Oct 2022

4.0

for Salary and Benefits

Likes

Daispora of LICI. Salary and Perks. Free to work.

Salary - Good

+1 more

Dislikes

No job security at ADO/PDO post. Work life balance (what is it ?). Forget about help from colleague. If you are from sound and wealthy background just dive in.

Job security - Bad

+4 more

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Life Insurance Corporation of India Data Analyst Salary FAQs

What is the salary of Data Analyst at Life Insurance Corporation of India ?

The average salary of a Data Analyst at Life Insurance Corporation of India in India typically ranges from ₹1.1 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Data Analyst at Life Insurance Corporation of India earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Data Analyst Salaries at Life Insurance Corporation of India 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 Life Insurance Corporation of India employees in India.

What is the estimated take home salary of a Data Analyst at Life Insurance Corporation of India in India?

The estimated take-home salary of a Data Analyst at Life Insurance Corporation of India in India typically ranges from ₹13,267 to ₹14,685 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 Life Insurance Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Life Insurance Corporation of India for Data Analyst in India?

Bajaj Allianz Life Insurance	₹7.1 Lakhs to ₹16.6 Lakhs per year
Principal Global Services	₹5.5 Lakhs to ₹20.8 Lakhs per year
Aditya Birla Health Insurance Co	₹2.0 Lakhs to ₹13.8 Lakhs per year
ICICI Lombard General Insurance Company	₹3.6 Lakhs to ₹12.4 Lakhs per year
Reliance Nippon Life Insurance	₹6.0 Lakhs to ₹7.5 Lakhs per year

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

What is the salary of a Data Analyst in companies similar to Life Insurance Corporation of India in India?

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

SBI Life Insurance Company	₹5.0 Lakhs to ₹8.0 Lakhs per year
Allianz	₹5.0 Lakhs to ₹7.5 Lakhs per year
HDFC Ergo General Insurance	₹2.0 Lakhs to ₹7.1 Lakhs per year
Allianz Partners	₹3.2 Lakhs to ₹10.3 Lakhs per year
Tata AIA Life Insurance	₹4.0 Lakhs to ₹6.4 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 Data Analyst at Life Insurance Corporation of India in India?

The salary growth for a Data Analyst at Life Insurance Corporation of India depends on factors such as experience, performance, and promotions. On average, a Data Analyst can expect the following growth trajectory at Life Insurance Corporation of India:

Experience	Average Salary Range
Fresher	₹1.2 Lakhs to ₹2.4 Lakhs per year
1 year	₹1.4 Lakhs to ₹1.8 Lakhs per year
2 years	₹0.7 Lakhs to ₹2.6 Lakhs per year
3 years	₹1.7 Lakhs to ₹2.2 Lakhs per year

and so on.

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Life Insurance Corporation of India Data Analyst Salaries

Life Insurance Corporation of India Data Analyst salary in India ranges between ₹1.1 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.