Munich Re Mumbai Data Scientist Salaries by 4 Employees

4 - 6 years exp.

₹15 Lakhs - ₹22 Lakhs

Salary of majority employees

Fixed (86%)

₹17.1 Lakhs

Variable (14%)

₹2.7 Lakhs

35% more than the average Data Scientist Salary in Financial Services Companies for 4 - 6 years of experience

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Last Updated: 30 Nov 2023

Companies similar to Munich Re for Data Scientist in Mumbai

Munich Re Data Scientist Salary

4 - 6 years exp. (4 salaries)

₹15 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
Kissht Finance Data Scientist Salary 0 - 5 years exp. (19 salaries)	₹6 L/yr - ₹13.6 L/yr 36% less
Experian Data Scientist Salary 1 - 9 years exp. (7 salaries)	₹14 L/yr - ₹34 L/yr 7% more
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Reserve Bank Information Technology Data Scientist Salary 2 - 4 years exp. (6 salaries)	₹14 L/yr - ₹20 L/yr 20% less
Equifax Data Scientist Salary 0 - 4 years exp. (4 salaries)	₹14.7 L/yr - ₹17 L/yr 24% less	1 job opening
TCS Data Scientist Salary 1 - 12 years exp. (123 salaries)	₹5.6 L/yr - ₹21.5 L/yr 38% less

Data Scientist salary at Munich Re ranges between ₹15 Lakhs to ₹22 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Munich Re.

Experience wise Munich Re Data Scientist salaries in Mumbai

Last Updated: 30 Nov 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr

Salary related reviews for Munich Re

4.0

Rated by 1 employees for salary & benefits

Data Science Intern in The Capital, BKC, Mumbai

Intern

Data Science & Analytics Department

5.0

• posted on 18 May 2022

5.0

for Salary and Benefits

Likes

The exposure and appreciation one can get here is tremendous. If you want to learn and grow this is one of the best organisations that comes with really good culture, complete work and personal life balance lastly with highly supportive, energy packed and cheerful managers and colleagues.

Salary - Excellent

+6 more

Dislikes

I am working here since last 5 months and I personally didn't find anything that to say about what dislike. Even colleagues from my department and other departments would also talk same. But again this experience may vary person to person.

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Munich Re Data Scientist Salary FAQs

What is the salary of Data Scientist at Munich Re in Mumbai?

The average salary of a Data Scientist at Munich Re in Mumbai typically ranges from ₹15.0 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Data Scientist in Mumbai at Munich Re earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Data Scientist Salaries at Munich Re 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 Munich Re employees in India.

What is the estimated take home salary of a Data Scientist at Munich Re in Mumbai?

The estimated take-home salary of a Data Scientist at Munich Re in Mumbai typically ranges from ₹1,30,420 to ₹1,35,063 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 4 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 Munich Re. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Munich Re for Data Scientist in India?

Experian

₹14.0 Lakhs to ₹34.0 Lakhs per year

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

What is the salary of a Data Scientist in companies similar to Munich Re in Mumbai?

The salary of a Data Scientist at companies similar to Munich Re in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reserve Bank Information Technology	₹14.0 Lakhs to ₹20.0 Lakhs per year
Equifax	₹14.7 Lakhs to ₹17.0 Lakhs per year
Kissht Finance	₹6.0 Lakhs to ₹13.6 Lakhs per year
TCS	₹5.6 Lakhs to ₹21.5 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 Data Scientist at Munich Re in Mumbai?

The salary growth for a Data Scientist at Munich Re in Mumbai depends on factors such as experience, performance, and promotions. On average, a Data Scientist in Mumbai can expect the following growth trajectory at Munich Re:

Experience	Average Salary Range
4 years	₹16.7 Lakhs to ₹21.3 Lakhs per year
6 years	₹18.9 Lakhs to ₹24.2 Lakhs per year

and so on.

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Munich Re Data Scientist Salaries in Mumbai

Munich Re Data Scientist salary in Mumbai ranges between ₹15 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Munich Re latest salaries received from various employees of Munich Re.