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Milliman Business Analyst salaries in India (Updated 2025)

Annual salary range
2 - 6 years exp.
₹6.9 Lakhs - ₹14.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (88%)
₹9.1 Lakhs
Variable (12%)
₹1.3 Lakh
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6% more than the average Business Analyst Salary in Management Consulting Companies for 2 - 6 years of experience

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Last Updated: 2 Mar 2025

Companies similar to Milliman for Business Analyst

Company name Avg Annual Salary Open Jobs
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Deloitte Business Analyst Salary

0 - 7 years exp. (1.6k salaries)

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₹4.5 L/yr - ₹18 L/yr

arrow icon 1% less
1 job opening
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Ernst & Young Business Analyst Salary

1 - 9 years exp. (339 salaries)

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₹4.9 L/yr - ₹21 L/yr

arrow icon 14% more
7 job openings
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Gartner Business Analyst Salary

0 - 6 years exp. (234 salaries)

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₹8.5 L/yr - ₹21 L/yr

arrow icon 30% more
1 job opening
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PwC Business Analyst Salary

1 - 9 years exp. (228 salaries)

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₹5 L/yr - ₹20.1 L/yr

arrow icon 17% more
3 job openings
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ZS Business Analyst Salary

0 - 3 years exp. (219 salaries)

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₹6 L/yr - ₹18 L/yr

arrow icon 18% more
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KPMG India Business Analyst Salary

0 - 7 years exp. (169 salaries)

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₹4.5 L/yr - ₹16 L/yr

arrow icon 3% more
2 job openings
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McKinsey & Company Business Analyst Salary

0 - 5 years exp. (78 salaries)

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₹8 L/yr - ₹32.2 L/yr

arrow icon 75% more
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Mercer Business Analyst Salary

4 - 11 years exp. (62 salaries)

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₹5.4 L/yr - ₹20 L/yr

arrow icon 27% more
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Bain & Company Business Analyst Salary

0 - 4 years exp. (33 salaries)

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₹4.8 L/yr - ₹14.8 L/yr

arrow icon 8% less
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BCG Business Analyst Salary

1 - 6 years exp. (31 salaries)

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₹5 L/yr - ₹15 L/yr

At par
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Cheers Interactive Business Analyst Salary

1 - 4 years exp. (29 salaries)

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₹4 L/yr - ₹8.5 L/yr

arrow icon 40% less
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Willis Towers Watson Business Analyst Salary

2 - 14 years exp. (22 salaries)

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₹5 L/yr - ₹13 L/yr

arrow icon 24% less
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Guidehouse Business Analyst Salary

0 - 8 years exp. (20 salaries)

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₹4.1 L/yr - ₹8.5 L/yr

arrow icon 31% less
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Huron Business Analyst Salary

0 - 5 years exp. (9 salaries)

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₹5.8 L/yr - ₹11.7 L/yr

arrow icon 5% more
1 job opening
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Protiviti Consulting Business Analyst Salary

1 - 4 years exp. (7 salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 45% less
1 job opening
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₹11 L/yr - ₹19 L/yr

arrow icon 43% more
1 job opening
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WSP Business Analyst Salary

3 - 10 years exp. (5 salaries)

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₹11.9 L/yr - ₹18 L/yr

arrow icon 56% more
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Frost & Sullivan Business Analyst Salary

4 - 13 years exp. (5 salaries)

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₹5.6 L/yr - ₹6.4 L/yr

arrow icon 40% less
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Alvarez & Marsal Business Analyst Salary

0 - 1 year exp. (4 salaries)

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₹6.5 L/yr - ₹10 L/yr

arrow icon 17% less
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Protiviti Business Analyst Salary

0 - 4 years exp. (4 salaries)

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₹5.3 L/yr - ₹13 L/yr

arrow icon 28% less
View all
Business Analyst salary at Milliman ranges between ₹6.9 Lakhs to ₹14.9 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Milliman.

Latest annual salaries shared by Milliman Business Analyst

3d ago
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3 years exp.
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2 years exp.

Experience wise Milliman Business Analyst salaries

Last Updated: 2 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹6.9 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹10.5 L/yr
4 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹10.5 L/yr
5 years (AmbitionBox Estimate)

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₹11.2 L/yr - ₹14.3 L/yr
6 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹14.9 L/yr

Similar Designation salaries in Milliman

Senior Analyst Salary
(4 salaries)
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₹3.75 L/yr - ₹9 L/yr
Data Analyst Salary
(4 salaries)
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₹4.85 L/yr - ₹9.5 L/yr
Analyst Salary
(4 salaries)
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₹4 L/yr - ₹8.35 L/yr
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₹16 L/yr - ₹24 L/yr
Team Lead Salary
(6 salaries)
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₹11 L/yr - ₹14 L/yr
Data Scientist Salary
(3 salaries)
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₹9.9 L/yr - ₹12.6 L/yr
Project Manager Salary
(AmbitionBox Estimate)
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₹14.1 L/yr - ₹18.1 L/yr
Lead Consultant Salary
(AmbitionBox Estimate)
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₹15.8 L/yr - ₹20.1 L/yr
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₹5.5 L/yr - ₹8.4 L/yr
Senior Consultant Salary
(AmbitionBox Estimate)
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₹16.7 L/yr - ₹21.4 L/yr

Top skills at Milliman for Business Analyst

Information Technology Consulting Data Analysis SSIS Health Insurance Actuarial Business Reporting Business Analysis SQL

Salary related reviews for Milliman

Full Time

 · 

Data Science & Analytics Department

1.0
  •  posted on 16 Aug 2022

1.0
 for  Salary and Benefits

Likes

I don't find any after working for 3 years

Dislikes

... him. He will fire you, not promote anyone in team, if you go against his ego. Overall, will not recommend since low salary, so low you cant even live and eat in gurgaon, no promotion, bossy aatitude, no career growth . Pls dont join requesting for your benefit

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Strategic & Top Management Department

1.0
  •  posted on 29 Jan 2020

3.0
 for  Salary and Benefits

Likes

Only salary which is 10-20% higher than the market. That's all! Some leaders are amazing.

read more

Dislikes

There are many! 1. No job security. The company can kick you out without thinking about your well being. 2. Politics and only politics. Everybody fights with each other and the environment is very toxic due to the flat structure. 3. The HR system is a joke and there isn't a single male person representation and the HR group is being run by the feminist's personalities. 4. No learning and promotion aspects. 5. Senior leadership isn't visionary and isn't exploring more options in the market. If you want peace and mental well-being, think 3 times before joining.

read more
  • Skill development - Poor
  • +5 more

Part Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 05 Aug 2023

1.0
 for  Salary and Benefits

Likes

I get paid a small paycheck twice a month

Dislikes

They are ridiculous with the micro managing. If you are literally one minute late for one day in the month, you lose your bonus. Most call reviews I've ever experienced In a call center, I get about 20 per month. And they will pick them apart and then dock you for the stupidest things like not saying the participants name. And what's even worse than the company itself are the people you have to help on the phone. I have worked at Comcast and cable companies, and this is 100x worse.i get abused on the phone all day average 60 calls a day back to back from 9 - 530 all day no rest.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 22 Apr 2022

2.0
 for  Salary and Benefits

Likes

I like the culture. Used to like the flexibility, but now when most companies are moving towards permanent work from policy, Milliman is little hesitant and have limited it.

read more
  • Company culture - Good
  • +1 more

Dislikes

There's a huge disparity in compensation. The employee with higher designation might be working in way less salary than the employee with lower designation. Nobody knows how they measure performance. Growth is way way slower. Also, there is no on-job training for freshers, hence seniors have to guide them step by step, which is pain sometime.

read more
  • Salary - Poor
  • +3 more

Engineering - Software & QA Department

4.0
  •  posted on 04 Aug 2021

4.0
 for  Salary and Benefits

Likes

...from home from past 9 months,I don't have any idea about company infrastructure.They give good salary hike in every quarter according to your performance,if you will full time employee.They will give you free lunch and also cab from your source to office location within 7 km from company location.I didn't use any facility due to work from home.

read more
  • Salary - Good
  • +6 more

Dislikes

There is one thing to dislikes,they are not giving internet charges during work from home.I think,taste of free food of cafeteria will be not satisfactory but I didn't get chance to taste food due to work from home.

read more
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Milliman Business Analyst Salary FAQs

What is the salary of Business Analyst at Milliman ?
The average salary of a Business Analyst at Milliman in India typically ranges from ₹6.9 Lakhs to ₹14.9 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Business Analyst at Milliman earn more than ₹14.9 Lakhs per year, and the top 1% earn over ₹14.9 Lakhs per year. Business Analyst Salaries at Milliman 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 Milliman employees in India.
What is the estimated take home salary of a Business Analyst at Milliman in India?
The estimated take-home salary of a Business Analyst at Milliman in India typically ranges from ₹74,944 to ₹76,883 per month. This is based on the average salary range of ₹6.9 Lakhs to ₹14.9 Lakhs per year for employees with experience ranging from 2 years 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 Milliman. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Analyst at Milliman ?
To be a Business Analyst at Milliman in india, the key skills required include:

  • - Information Technology
  • - Consulting
  • - Data Analysis
  • - SSIS
  • - Health Insurance

These skills are highly valued at Milliman and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Milliman for Business Analyst in India?
McKinsey & Company ₹8.0 Lakhs to ₹32.2 Lakhs per year
WSP ₹11.9 Lakhs to ₹18.0 Lakhs per year
VISTRA INTERNATIONAL EXPANSION ₹11.0 Lakhs to ₹19.0 Lakhs per year
Gartner ₹8.5 Lakhs to ₹21.0 Lakhs per year
Mercer ₹5.4 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Milliman, depending on the role and experience level.
What is the salary of a Business Analyst in companies similar to Milliman in India?
The salary of a Business Analyst at companies similar to Milliman in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ZS ₹6.0 Lakhs to ₹18.0 Lakhs per year
PwC ₹5.0 Lakhs to ₹20.1 Lakhs per year
Ernst & Young ₹4.9 Lakhs to ₹21.0 Lakhs per year
Mott MacDonald ₹5.5 Lakhs to ₹25.0 Lakhs per year
Huron ₹5.8 Lakhs to ₹11.7 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 Milliman in India?
The salary growth for a Business Analyst at Milliman depends on factors such as experience, performance, and promotions. On average, a Business Analyst can expect the following growth trajectory at Milliman:

Experience Average Salary Range
2 years ₹6.9 Lakhs to ₹6.9 Lakhs per year
3 years ₹3.2 Lakhs to ₹10.5 Lakhs per year
4 years ₹4.1 Lakhs to ₹10.5 Lakhs per year
5 years ₹11.2 Lakhs to ₹14.3 Lakhs per year
and so on.

Tell us how to improve this page.

Milliman Business Analyst salary in India ranges between ₹6.9 Lakhs to ₹14.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Milliman latest salaries received from various employees of Milliman.