Reliance Nippon Life Insurance Business Analyst Salaries by 5 Employees

0 - 6 years exp.

₹3 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

Fixed (75%)

₹3.5 Lakhs

Variable (25%)

₹1.1 Lakh

53% less than the average Business Analyst Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Finance & Accounting Business Analyst Salary 1 - 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.9 L/yr
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Data Science & Analytics Business Analyst Salary 3 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.4 L/yr

Last Updated: 19 Oct 2024

Companies similar to Reliance Nippon Life Insurance for Business Analyst

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Business Analyst Salary 0 - 6 years exp. (73 salaries)	₹4 L/yr - ₹13.8 L/yr 78% more
HDFC Life Business Analyst Salary 1 - 8 years exp. (69 salaries)	₹3.2 L/yr - ₹12 L/yr 64% more
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MetLife Business Analyst Salary 1 - 9 years exp. (62 salaries)	₹2.9 L/yr - ₹9 L/yr 30% more
Bajaj Allianz Life Insurance Business Analyst Salary 1 - 10 years exp. (46 salaries)	₹4.1 L/yr - ₹16.4 L/yr 97% more
ICICI Prudential Life Insurance Business Analyst Salary 0 - 5 years exp. (42 salaries)	₹3 L/yr - ₹11.7 L/yr 55% more
Principal Global Services Business Analyst Salary 2 - 8 years exp. (41 salaries)	₹5 L/yr - ₹15 L/yr 126% more
Axis Max Life Insurance Business Analyst Salary 2 - 9 years exp. (39 salaries)	₹3 L/yr - ₹11.6 L/yr 41% more
Allianz Business Analyst Salary 2 - 8 years exp. (36 salaries)	₹5 L/yr - ₹18.3 L/yr 127% more
Gallagher Business Analyst Salary 2 - 9 years exp. (33 salaries)	₹2.8 L/yr - ₹12 L/yr 49% more
Bajaj Allianz General Insurance Business Analyst Salary 0 - 9 years exp. (29 salaries)	₹4.5 L/yr - ₹13.2 L/yr 75% more
Aditya Birla Health Insurance Co Business Analyst Salary 2 - 9 years exp. (29 salaries)	₹3.8 L/yr - ₹11.2 L/yr 69% more
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HDFC Ergo General Insurance Business Analyst Salary 2 - 10 years exp. (27 salaries)	₹4.5 L/yr - ₹15.6 L/yr 102% more
Kotak Mahindara Life Insurance Business Analyst Salary 0 - 8 years exp. (26 salaries)	₹2.1 L/yr - ₹8.9 L/yr 31% more	1 job opening
Tata AIA Life Insurance Business Analyst Salary 4 - 10 years exp. (25 salaries)	₹4 L/yr - ₹13.3 L/yr 84% more
AIG Business Analyst Salary 0 - 11 years exp. (19 salaries)	₹4.4 L/yr - ₹10.6 L/yr 83% more
Aditya Birla Sun Life Insurance Business Analyst Salary 2 - 10 years exp. (17 salaries)	₹4.1 L/yr - ₹16.4 L/yr 100% more
Star Health & Allied Insurance Business Analyst Salary 1 - 6 years exp. (16 salaries)	₹5 L/yr - ₹14.5 L/yr 125% more
SBI General Insurance Business Analyst Salary 1 - 6 years exp. (15 salaries)	₹4 L/yr - ₹12 L/yr 81% more
Shriram Life Insurance Business Analyst Salary 0 - 10 years exp. (8 salaries)	₹4 L/yr - ₹11.3 L/yr 40% more
PNB MetLife Business Analyst Salary 4 - 13 years exp. (6 salaries)	₹5 L/yr - ₹8 L/yr 43% more

View all

Business Analyst salary at Reliance Nippon Life Insurance ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Business Analyst salaries

Last Updated: 19 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹7.6 L/yr
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹7.8 L/yr
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2 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.2 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.8 L/yr

View all

Similar Designation salaries in Reliance Nippon Life Insurance

Senior Business Analyst Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Data Analyst Salary

(6 salaries)

₹6 L/yr - ₹7.5 L/yr

Team Lead Salary

(43 salaries)

₹2.4 L/yr - ₹4.6 L/yr

Project Manager Salary

(5 salaries)

₹8 L/yr - ₹18.5 L/yr

Senior Associate Salary

(6 salaries)

₹1.75 L/yr - ₹2.8 L/yr

Product Manager Salary

(7 salaries)

₹6 L/yr - ₹15 L/yr

Senior Consultant Salary

(3 salaries)

₹3 L/yr - ₹21 L/yr

Deputy Manager Salary

(64 salaries)

₹3.7 L/yr - ₹12.42 L/yr

Salary related reviews for Reliance Nippon Life Insurance

Business Development Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Aug 2017

2.0

for Salary and Benefits

Likes

Teammates and Immediate supervisor was excellent

Skill development - Good

Dislikes

You have to only work and there is no such compensation rather the higher management was horrible and worst, they only know how to fill there pockets not the base levels

Salary - Poor

+3 more

Team Lead in Mirza

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 29 Jun 2022

2.0

for Salary and Benefits

Likes

Office Timing is very good.

Job security - Good

Dislikes

In Branch operations employee unnecessary salary cut is very bad culture. And need saturday off twice in a month. Career growth is very slow and no options in operations department.

Salary - Poor

+3 more

Business Development Manager

Other Department

4.0

• posted on 18 Apr 2018

2.0

for Salary and Benefits

Likes

Iam working in Direct marketing channels (loyalty channel ) Iam proving in a one year got a 3 promotions and get the dubai trips etc.. Iam happy with working in Reliance.

Skill development - Good

+2 more

Dislikes

When I joined in Reliance life the manager told me when your package high in year you get the 50%of ctc incentive after financial year. I was Aggressively working in a year got the 3 promotions S. R. M to B. R. M(2.20Lac to 4.00lac)packages. But my incentive is zero. That's why I disappointment and resigned my job

Salary - Poor

Senior Territory Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Jan 2025

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Worst leadership, one can never expect 100℅ in hand salary, they are on a deduction spree upto ARDM & Branch Manager Level. Lowest commission to agents, renewal commission to agents gets a 75℅ deductions. End number of con calls Immature leaders don't have the skills to lead. So many clauses which is directly affecting attrition to the highest level

Salary - Poor

+6 more

Agency Development Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 07 Nov 2024

1.0

for Salary and Benefits

Likes

Too much ghatia i mean wrost experience ever..

Dislikes

...e to get policy on my name nd told if i didn't get the policy i cant get my job. Totally fraud company they did gave me any salary i work 2 month straight .

Salary - Bad

+6 more

see more salary related reviews

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a manager - business analyst

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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Reliance Nippon Life Insurance Business Analyst Salary FAQs

What is the salary of Business Analyst at Reliance Nippon Life Insurance ?

The average salary of a Business Analyst at Reliance Nippon Life Insurance in India typically ranges from ₹3.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Business Analyst at Reliance Nippon Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Business Analyst Salaries at Reliance Nippon 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 5 Reliance Nippon Life Insurance employees in India.

What is the estimated take home salary of a Business Analyst at Reliance Nippon Life Insurance in India?

The estimated take-home salary of a Business Analyst at Reliance Nippon Life Insurance in India typically ranges from ₹34,605 to ₹35,851 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.0 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 5 salaries received from various employees of Reliance Nippon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Reliance Nippon Life Insurance for Business Analyst in India?

First American Title	₹6.0 Lakhs to ₹17.0 Lakhs per year
Allianz	₹5.0 Lakhs to ₹18.3 Lakhs per year
Principal Global Services	₹5.0 Lakhs to ₹15.0 Lakhs per year
Star Health & Allied Insurance	₹5.0 Lakhs to ₹14.5 Lakhs per year
HDFC Ergo General Insurance	₹4.5 Lakhs to ₹15.6 Lakhs per year

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

What is the salary of a Business Analyst in companies similar to Reliance Nippon Life Insurance in India?

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

Aditya Birla Sun Life Insurance	₹4.1 Lakhs to ₹16.4 Lakhs per year
Bajaj Allianz Life Insurance	₹4.1 Lakhs to ₹16.4 Lakhs per year
Tata AIA Life Insurance	₹4.0 Lakhs to ₹13.3 Lakhs per year
AIG	₹4.4 Lakhs to ₹10.6 Lakhs per year
SBI General Insurance	₹4.0 Lakhs to ₹12.0 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 Reliance Nippon Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹7.6 Lakhs per year
1 year	₹4.0 Lakhs to ₹7.8 Lakhs per year
2 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
3 years	₹4.0 Lakhs to ₹8.2 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Business Analyst Salaries

Reliance Nippon Life Insurance Business Analyst salary in India ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.