Axis Max Life Insurance Senior Business Analyst Salaries by 6 Employees

5 - 15 years exp.

₹9 Lakhs - ₹12.3 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Senior Business Analyst Salary in Insurance Companies for 5 - 15 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Axis Max Life Insurance for Senior Business Analyst

Company name	Avg Annual Salary	Open Jobs
MetLife Senior Business Analyst Salary 2 - 9 years exp. (84 salaries)	₹3.6 L/yr - ₹14.3 L/yr 16% less
Allianz Senior Business Analyst Salary 3 - 10 years exp. (23 salaries)	₹7.8 L/yr - ₹24.1 L/yr 65% more
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HDFC Life Senior Business Analyst Salary 3 - 12 years exp. (16 salaries)	₹8.3 L/yr - ₹22.6 L/yr 30% more
Bajaj Allianz Life Insurance Senior Business Analyst Salary 3 - 12 years exp. (14 salaries)	₹7 L/yr - ₹19.1 L/yr 52% more
ICICI Lombard General Insurance Company Senior Business Analyst Salary 3 - 7 years exp. (10 salaries)	₹9.9 L/yr - ₹16 L/yr 9% more
Gallagher Senior Business Analyst Salary 4 - 9 years exp. (9 salaries)	₹3.7 L/yr - ₹7.5 L/yr 32% less
Bajaj Allianz General Insurance Senior Business Analyst Salary 6 - 19 years exp. (9 salaries)	₹8.8 L/yr - ₹40 L/yr 134% more
Shriram Life Insurance Senior Business Analyst Salary 4 - 8 years exp. (8 salaries)	₹4.1 L/yr - ₹11 L/yr 13% less
PNB MetLife Senior Business Analyst Salary 5 - 14 years exp. (7 salaries)	₹3.8 L/yr - ₹8 L/yr 44% less
ICICI Prudential Life Insurance Senior Business Analyst Salary 3 - 6 years exp. (5 salaries)	₹8.5 L/yr - ₹14.5 L/yr 17% more
Star Health & Allied Insurance Senior Business Analyst Salary 4 - 16 years exp. (5 salaries)	₹8.5 L/yr - ₹18 L/yr 44% more
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Aviva Life Insurance India Senior Business Analyst Salary 8 - 17 years exp. (4 salaries)	₹12 L/yr - ₹30 L/yr 87% more
Tata AIA Life Insurance Senior Business Analyst Salary 1 - 8 years exp. (4 salaries)	₹1 L/yr - ₹8 L/yr 60% less
Aditya Birla Sun Life Insurance Senior Business Analyst Salary 1 - 12 years exp. (4 salaries)	₹6.3 L/yr - ₹14 L/yr 5% less
Cholamandalam MS General Insurance Senior Business Analyst Salary 14 - 22 years exp. (4 salaries)	₹20 L/yr - ₹25 L/yr 128% more
HDFC Ergo General Insurance Senior Business Analyst Salary 5 - 12 years exp. (4 salaries)	₹8 L/yr - ₹19.8 L/yr 27% more
SBI Life Insurance Company Senior Business Analyst Salary 5 - 14 years exp. (4 salaries)	₹1.1 L/yr - ₹10 L/yr 39% less
Kotak Mahindara Life Insurance Senior Business Analyst Salary 8 - 11 years exp. (4 salaries)	₹5 L/yr - ₹11.5 L/yr 18% less
AXA Senior Business Analyst Salary 1 - 2 years exp. (3 salaries)	₹4.5 L/yr - ₹7 L/yr 41% less
AIG Senior Business Analyst Salary 5 - 16 years exp. (3 salaries)	₹5.7 L/yr - ₹15.5 L/yr 28% more

Senior Business Analyst salary at Axis Max Life Insurance ranges between ₹9 Lakhs to ₹12.3 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Senior Business Analyst salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.3 L/yr
6 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.3 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹12.3 L/yr
8 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
9 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
10 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
11 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.5 L/yr
12 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
13 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
14 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
15+ years (AmbitionBox Estimate)	₹9 L/yr - ₹17.5 L/yr

View all

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Salary related reviews for Axis Max Life Insurance

3.0

Rated by 1 employees for salary & benefits

Data Scientist in Gurgaon / Gurugram

Full Time

Data Science & Analytics Department

3.0

• posted on 01 Aug 2024

3.0

for Salary and Benefits

Likes

Office Space Multiple business problems to solve.

Dislikes

Salary Too much office politics. Sometimes good work is limited to some folks. Career growth opportunities are limited to only some section of the teams

Company culture - Poor

+1 more

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 05 Jan 2024

1.0

for Salary and Benefits

Likes

To be very honest . Leaders are not at all good. They don’t treat people with respect. Just Bogus Company I ever worked with.

Dislikes

Everything. Full of Politics. Managers and leaders are not at all good.. Doesn’t provide Exact salary. And the KRA’s don’t match what they said during Interview.

Salary - Bad

+6 more

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Dislikes

Salary - Bad
Job security - Bad

+4 more

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...gement 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.

Salary - Excellent

+6 more

Dislikes

Agency Development Manager in Kollam

Full Time

Sales & Business Development Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Second Saturday and Sunday, third Saturday and Sundays are off. No other perks.

Dislikes

... from you. More than 5 persons already left the office with their toxic culture. Don't trust their words during interview they will give a package which is lesser than your current ctc and will give excuses as you will earn promotions in a fast track mode. nothing doing you will not meet their unrealistic targets. Hope my review will help future comers. thank you.

Salary - Poor

+6 more

see more salary related reviews

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Axis Max Life Insurance Senior Business Analyst Salary FAQs

What is the salary of Senior Business Analyst at Axis Max Life Insurance ?

The average salary of a Senior Business Analyst at Axis Max Life Insurance in India typically ranges from ₹9.0 Lakhs to ₹12.3 Lakhs per year, depending on experience (from 5 years to 15 years).

The top 10% of Senior Business Analyst at Axis Max Life Insurance earn more than ₹12.3 Lakhs per year, and the top 1% earn over ₹12.3 Lakhs per year. Senior Business Analyst Salaries at Axis Max 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 6 Axis Max Life Insurance employees in India.

What is the estimated take home salary of a Senior Business Analyst at Axis Max Life Insurance in India?

The estimated take-home salary of a Senior Business Analyst at Axis Max Life Insurance in India typically ranges from ₹70,566 to ₹72,382 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹12.3 Lakhs per year for employees with experience ranging from 5 years to 15 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 6 salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Max Life Insurance for Senior Business Analyst in India?

Bajaj Allianz General Insurance	₹8.8 Lakhs to ₹40.0 Lakhs per year
Cholamandalam MS General Insurance	₹20.0 Lakhs to ₹25.0 Lakhs per year
Aviva Life Insurance India	₹12.0 Lakhs to ₹30.0 Lakhs per year
Allianz	₹7.8 Lakhs to ₹24.1 Lakhs per year
Bajaj Allianz Life Insurance	₹7.0 Lakhs to ₹19.1 Lakhs per year

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

What is the salary of a Senior Business Analyst in companies similar to Axis Max Life Insurance in India?

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

Star Health & Allied Insurance	₹8.5 Lakhs to ₹18.0 Lakhs per year
HDFC Life	₹8.3 Lakhs to ₹22.6 Lakhs per year
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

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 Axis Max Life Insurance in India?

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

Experience	Average Salary Range
5 years	₹3.9 Lakhs to ₹10.3 Lakhs per year
6 years	₹9.8 Lakhs to ₹12.3 Lakhs per year
7 years	₹3.9 Lakhs to ₹12.3 Lakhs per year
8 years	₹8.8 Lakhs to ₹11.2 Lakhs per year

and so on.

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Axis Max Life Insurance Senior Business Analyst Salaries

Axis Max Life Insurance Senior Business Analyst salary in India ranges between ₹9 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.