Principal Global Services Senior Business Analyst Salaries by 40+ Employees (Updated 2025)

5 - 8 years exp.

₹10.5 Lakhs - ₹24 Lakhs

Salary of majority employees

30% more than the average Senior Business Analyst Salary in Insurance Companies for 5 - 8 years of experience

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Salaries in different departments

Data Science & Analytics Senior Business Analyst Salary 5 - 8 years exp. (25 salaries)	₹11 L/yr - ₹19.8 L/yr
BFSI, Investments & Trading Senior Business Analyst Salary 5 - 8 years exp. (5 salaries)	₹14 L/yr - ₹18.3 L/yr
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Product Management Senior Business Analyst Salary 5 - 8 years exp. (3 salaries)	₹19.1 L/yr - ₹23.5 L/yr
Consulting Senior Business Analyst Salary 6 - 8 years exp. (3 salaries)	₹21.6 L/yr - ₹23.8 L/yr

Last Updated: 22 Mar 2025

Companies similar to Principal Global Services 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 58% less
Swiss Re Senior Business Analyst Salary 6 - 13 years exp. (26 salaries)	₹14 L/yr - ₹29.5 L/yr 8% more
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Allianz Senior Business Analyst Salary 3 - 10 years exp. (23 salaries)	₹7.8 L/yr - ₹24.1 L/yr 19% less
Chubb Senior Business Analyst Salary 3 - 10 years exp. (17 salaries)	₹14.5 L/yr - ₹25 L/yr 7% more
Bajaj Allianz Life Insurance Senior Business Analyst Salary 3 - 12 years exp. (14 salaries)	₹7 L/yr - ₹19.1 L/yr 25% less
Axa XL Senior Business Analyst Salary 4 - 12 years exp. (13 salaries)	₹5 L/yr - ₹26.3 L/yr 24% less
Allianz Services Senior Business Analyst Salary 5 - 10 years exp. (7 salaries)	₹6.6 L/yr - ₹11.5 L/yr 45% less
Guardian India Senior Business Analyst Salary 3 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹10.4 L/yr 62% less
Aviva Life Insurance India Senior Business Analyst Salary 8 - 17 years exp. (4 salaries)	₹12 L/yr - ₹30 L/yr 8% less
Allianz Partners Senior Business Analyst Salary 6 - 8 years exp. (4 salaries)	₹4.9 L/yr - ₹8 L/yr 69% less
Global Benefits Group Senior Business Analyst Salary 4 - 13 years exp. (4 salaries)	₹5.2 L/yr - ₹22.2 L/yr 34% less
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Cholamandalam MS General Insurance Senior Business Analyst Salary 14 - 22 years exp. (4 salaries)	₹20 L/yr - ₹25 L/yr 12% more
Bharti AXA Life Insurance Senior Business Analyst Salary 2 - 8 years exp. (4 salaries)	₹2.4 L/yr - ₹4.2 L/yr 82% less
Aditya Birla Health Insurance Co Senior Business Analyst Salary 5 - 11 years exp. (4 salaries)	₹9 L/yr - ₹12 L/yr 48% less
Future Generali India Life Insurance Senior Business Analyst Salary 2 - 24 years exp. (4 salaries)	₹6 L/yr - ₹20 L/yr 36% less
Aegon Life Insurance Senior Business Analyst Salary 6 - 10 years exp. (3 salaries)	₹6.2 L/yr - ₹6.3 L/yr 69% less

Senior Business Analyst salary at Principal Global Services ranges between ₹10.5 Lakhs to ₹24 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 43 latest salaries received from various employees of Principal Global Services.

Experience wise Principal Global Services Senior Business Analyst salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
5 years (12 salaries)	₹11.4 L/yr - ₹24 L/yr
6 years (11 salaries)	₹11 L/yr - ₹21.6 L/yr
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7 years (13 salaries)	₹13 L/yr - ₹23.8 L/yr
8 years (7 salaries)	₹10.5 L/yr - ₹23.8 L/yr

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Lead Consultant Salary

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₹15.3 L/yr - ₹30 L/yr

Top skills at Principal Global Services for Senior Business Analyst

Analytical Business Analysis SQL DBMS Data Modeling Agile Methodology Automation Stakeholder Management Project Management Product Management User Acceptance Testing Project Planning Data Dictionary UML Data Architecture

Salary related reviews for Principal Global Services

4.4

Rated by 5 employees for salary & benefits

Business Analyst in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 14 Jan 2025

1.0

for Salary and Benefits

Likes

When I was working there its medical insurance and transport facility were was very good

Dislikes

...t Performance team. Their managers are useless, and use PIP to fire employees 6. DO NOT join even if you are getting the best or your dream package/CTC

Salary - Bad

+6 more

Analyst in Pune

Full Time

Other Department

4.0

• posted on 18 Nov 2024

3.0

for Salary and Benefits

Likes

I did like the culture of PGS before 3 year. Now in these days the function has been changed and only the relationship with our manager and understanding that is good.

Skill development - Good

+1 more

Dislikes

...payment method and the promotion structure. PGS have a term that called Prinpay. That means you have to keep your 10% of salary deposited to company till a financial year. Once that year ended then you will receive the amt from that 10%. It depends on your and companies performance. That means you will never get your entire 10%. You will always received an X amt from that 10%. And they also called it as performance incentive.

Promotions - Poor

Analyst in Pune

Full Time

Risk Management & Compliance Department

2.0

• posted on 17 Dec 2023

1.0

for Salary and Benefits

Likes

Company culture is little good here. Relaxed life its recommended for people who want to retire at such office. medical insurance, transport facility, infrastructure is appreciable. Few people at principal are like diamond.

Job security - Excellent

+1 more

Dislikes

...c by theirs politics the themselves will not grow and will not let anyone grow. Less Pay- very less pay as compared to competitors. Night shift is mandatory for operations people, and Night Shift allowances are less.

Salary - Bad

+3 more

Senior Analyst in Pune

Full Time

Finance & Accounting Department

5.0

• posted on 23 Dec 2021

5.0

for Salary and Benefits

Likes

Company gives very good compensation to their employees. Work life balance is also good.Management team is very employee friendly. Managers and teammates are very supportive. Company has a user-friendly portal for their employees. Overall very good company to work.

Salary - Excellent

+6 more

Dislikes

Company has changed their notice period policy. Notice period is of 3 months. IJP opportunities are very less in my project. Carrer growth is very less. On site opportunities and business trips are only for higher management.

Senior Software Engineer (working remotely)

Full Time

Engineering - Software & QA Department

5.0

• posted on 02 May 2023

4.0

for Salary and Benefits

Likes

The leadership is extremely transparent about all the decisions being taken and the direction the company is going in. Everyone's thoughts and inputs are taken into consideration while planning for any new feature. There is little to no pressure for medium to high performing individuals. Through extensive mindset shift programmes, an engineering culture is being developed and inculcated in the company

Salary - Good

+6 more

Dislikes

The compensation scale is not as competitive as the market. The company is a little too tolerant of poor performers and not enough remedial action is taken to even out a team

see more salary related reviews

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Salary range for Senior Associate Product Manager

Hi everyone, I am being considered for the Senior Associate Product Manager role at PGS and would like to know the typical salary range for this position. I have 10 years of experience. Any insights would be greatly appreciated!

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Principal Global Services Senior Business Analyst Salary FAQs

What is the salary of Senior Business Analyst at Principal Global Services ?

The average salary of a Senior Business Analyst at Principal Global Services in India typically ranges from ₹10.5 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Senior Business Analyst at Principal Global Services earn more than ₹23.5 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Senior Business Analyst Salaries at Principal Global Services 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 40+ Principal Global Services employees in India.

What is the estimated take home salary of a Senior Business Analyst at Principal Global Services in India?

The estimated take-home salary of a Senior Business Analyst at Principal Global Services in India typically ranges from ₹1,30,573 to ₹1,35,237 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 5 years to 8 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 40+ salaries received from various employees of Principal Global Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Business Analyst at Principal Global Services ?

To be a Senior Business Analyst at Principal Global Services in india, the key skills required include:

- Analytical
- Business Analysis
- SQL
- DBMS
- Data Modeling

These skills are highly valued at Principal Global Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Principal Global Services for Senior Business Analyst in India?

Cholamandalam MS General Insurance	₹20.0 Lakhs to ₹25.0 Lakhs per year
Swiss Re	₹14.0 Lakhs to ₹29.5 Lakhs per year
Chubb	₹14.5 Lakhs to ₹25.0 Lakhs per year

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

What is the salary of a Senior Business Analyst in companies similar to Principal Global Services in India?

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

Aviva Life Insurance India	₹12.0 Lakhs to ₹30.0 Lakhs per year
Allianz	₹7.8 Lakhs to ₹24.1 Lakhs per year
Axa XL	₹5.0 Lakhs to ₹26.3 Lakhs per year
Bajaj Allianz Life Insurance	₹7.0 Lakhs to ₹19.1 Lakhs per year
Global Benefits Group	₹5.2 Lakhs to ₹22.2 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 Principal Global Services in India?

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

Experience	Average Salary Range
5 years	₹11.4 Lakhs to ₹24.0 Lakhs per year
6 years	₹11.0 Lakhs to ₹21.6 Lakhs per year
7 years	₹13.0 Lakhs to ₹23.8 Lakhs per year
8 years	₹10.5 Lakhs to ₹23.8 Lakhs per year

and so on.

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Principal Global Services Senior Business Analyst Salaries

Principal Global Services Senior Business Analyst salary in India ranges between ₹10.5 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 43 Principal Global Services latest salaries received from various employees of Principal Global Services.