SBI General Insurance Mumbai Business Analyst Salaries by 10+ Employees (Updated 2025)

1 - 6 years exp.

₹4 Lakhs - ₹12 Lakhs

Salary of majority employees

18% less than the average Business Analyst Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 1 - 6 years exp. (5 salaries)	₹4 L/yr - ₹9.5 L/yr
IT & Information Security Business Analyst Salary 1 - 3 years exp. (4 salaries)	₹7 L/yr - ₹11 L/yr
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Engineering - Software & QA Business Analyst Salary 2 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.2 L/yr
Project & Program Management Business Analyst Salary 5 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹12 L/yr

Last Updated: 7 Jan 2025

Companies similar to SBI General Insurance for Business Analyst in Mumbai

SBI General Insurance Business Analyst Salary

1 - 6 years exp. (12 salaries)

₹4 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Business Analyst Salary 0 - 9 years exp. (32 salaries)	₹4 L/yr - ₹12 L/yr 10% more
HDFC Ergo General Insurance Business Analyst Salary 2 - 10 years exp. (11 salaries)	₹7 L/yr - ₹15.7 L/yr 10% more
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Reliance General Insurance Business Analyst Salary 0 - 9 years exp. (31 salaries)	₹3.5 L/yr - ₹11.5 L/yr 16% less
Tata AIG Business Analyst Salary 2 - 8 years exp. (21 salaries)	₹5 L/yr - ₹15.4 L/yr 14% more
Future Generali India Life Insurance Business Analyst Salary 4 - 8 years exp. (5 salaries)	₹7 L/yr - ₹8.4 L/yr 10% less
Aditya Birla Health Insurance Co Business Analyst Salary 2 - 9 years exp. (24 salaries)	₹3.8 L/yr - ₹15.6 L/yr 5% more
HDFC Life Business Analyst Salary 1 - 8 years exp. (21 salaries)	₹3.2 L/yr - ₹11.1 L/yr 17% less
ICICI Prudential Life Insurance Business Analyst Salary 0 - 5 years exp. (20 salaries)	₹3.5 L/yr - ₹11.1 L/yr At par
Kotak Mahindara Life Insurance Business Analyst Salary 0 - 7 years exp. (19 salaries)	₹3 L/yr - ₹8.9 L/yr 27% less	1 job opening
Aditya Birla Sun Life Insurance Business Analyst Salary 2 - 10 years exp. (14 salaries)	₹4.5 L/yr - ₹18.2 L/yr 22% more
Royal Sundaram General Insurance Business Analyst Salary 2 - 16 years exp. (7 salaries)	₹7.8 L/yr - ₹15.5 L/yr 5% more
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Tata AIA Life Insurance Business Analyst Salary 7 - 10 years exp. (4 salaries)	₹10 L/yr - ₹13.3 L/yr 23% more
Bajaj Allianz Life Insurance Business Analyst Salary 4 - 6 years exp. (4 salaries)	₹6 L/yr - ₹16.5 L/yr 46% more
PNB MetLife Business Analyst Salary 4 - 13 years exp. (3 salaries)	₹5 L/yr - ₹8 L/yr 21% less

Business Analyst salary at SBI General Insurance ranges between ₹4 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 12 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Business Analyst salaries in Mumbai

Last Updated: 7 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹14.8 L/yr
2 years (3 salaries)	₹4.3 L/yr - ₹11 L/yr
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3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹11 L/yr
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹15 L/yr
5 years (3 salaries)	₹3.4 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9.5 L/yr

View all

Similar Designation salaries in SBI General Insurance

Team Lead Salary

(14 salaries)

₹2.8 L/yr - ₹5 L/yr

Project Manager Salary

(13 salaries)

₹8 L/yr - ₹20.5 L/yr

Data Scientist Salary

(5 salaries)

₹4 L/yr - ₹9.5 L/yr

Research Analyst Salary

(3 salaries)

₹13.5 L/yr - ₹17.2 L/yr

Salary related reviews for SBI General Insurance

5.0

Rated by 1 employees for salary & benefits

Business Development Manager in Gorakhpur

Full Time

Business Development Department

2.0

• posted on 17 Sep 2022

2.0

for Salary and Benefits

Likes

Like you can say... Working with branch managers , can see yourself always professional . People will treat you like banker.

Job security - Good

Dislikes

No growth and promotion No good salary Not ethical practices followed. Your boss treat you like slave... Officially as per HR policy every Saturday is off... But you have to work on each Saturday as per your boss. Nothing to learn .

Salary - Poor

+4 more

Business Development Manager in Gorakhpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Apr 2023

3.0

for Salary and Benefits

Likes

Salary on time. Banca channel target goes on auto mode if you have good relationship with managers.

Job security - Good

+1 more

Dislikes

Overloaded targets, terrible managers. Considering Insurance sectors, plenty of works in your working time.Unwanted VCs by senior that can disturb your work flow each day. Salary is very less compared to other companies.

Skill development - Bad

+2 more

Business Development Manager in Vijayawada

Full Time

Insurance Department

5.0

• posted on 07 Jun 2021

4.0

for Salary and Benefits

Likes

...agement 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 , incentives and bonus every year

Salary - Good

+6 more

Business Development Manager in Yavatmal

BFSI, Investments & Trading Department

5.0

• posted on 16 Jun 2021

3.0

for Salary and Benefits

Likes

... helped me for booking businesses and other time, the management is transparent. Appraisal are also fair, but some places I demotivate due to my salary and expenses incentives. Appraisals are fair by management.

Skill development - Good

+5 more

Dislikes

Salary is soon poor related to job, it means working time is alot but salary is low. How can I submit my expenses from joining date to till today I am unable to submit my expenses and not sure it will approve or not. Incentives are made on the basis of budgets, my salary is very low I can not manage my family expenses from my salary what should I do. But I like this job because I am with a brand SBI General Insurance and happy with my work.

Business Development Specialist in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 04 Oct 2024

1.0

for Salary and Benefits

Likes

Nothing...

Dislikes

No work culture, No work life balance, No salary structure, Unnecessary salary deduction with no reason, No HR policies, No support Overall useless and worthless company, can lead to mental issues and health issues if worked here... Do not join..

Salary - Bad

+6 more

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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SBI General Insurance Business Analyst Salary FAQs

What is the salary of Business Analyst at SBI General Insurance Mumbai?

Business Analyst salary at SBI General Insurance in Mumbai ranges between ₹4.0 Lakhs to ₹12.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 18% less than the average Business Analyst Salary in India. Salary estimates are based on 12 latest salaries received from various employees of SBI General Insurance Mumbai.

How does the salary of a Business Analyst at SBI General Insurance Mumbai compare with the average salary range for this job?

The average salary of a Business Analyst at SBI General Insurance is 18% less than the average salary of a Business Analyst in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than SBI General Insurance to a Business Analyst in Mumbai?

Bajaj Allianz Life Insurance Business Analyst Salary - ₹6.0 Lakhs to ₹16.5 Lakhs per year
Tata AIA Life Insurance Business Analyst Salary - ₹10.0 Lakhs to ₹13.3 Lakhs per year
Aditya Birla Sun Life Insurance Business Analyst Salary - ₹4.5 Lakhs to ₹18.2 Lakhs per year
Tata AIG Business Analyst Salary - ₹5.0 Lakhs to ₹15.4 Lakhs per year
HDFC Ergo General Insurance Business Analyst Salary - ₹7.0 Lakhs to ₹15.7 Lakhs per year

What is the salary of a Business Analyst in companies similar to SBI General Insurance in Mumbai?

ICICI Lombard General Insurance Company Business Analyst Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
Royal Sundaram General Insurance Business Analyst Salary - ₹7.8 Lakhs to ₹15.5 Lakhs per year
Aditya Birla Health Insurance Co Business Analyst Salary - ₹3.8 Lakhs to ₹15.6 Lakhs per year
ICICI Prudential Life Insurance Business Analyst Salary - ₹3.5 Lakhs to ₹11.1 Lakhs per year
Future Generali India Life Insurance Business Analyst Salary - ₹7.0 Lakhs to ₹8.4 Lakhs per year

What is the estimated take home salary of a Business Analyst at SBI General Insurance in Mumbai?

The estimated take-home salary of a Business Analyst at SBI General Insurance ranges between ₹61,433 per month to ₹62,990 per month in Mumbai. The take-home salary calculation is based on the average SBI General Insurance Business Analyst salary in India which ranges between ₹4.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Business Analyst at SBI General Insurance in Mumbai?

According to AmbitionBox, 40% of the SBI General Insurance Business Analysts in Mumbai reported a notice period of 1 Month, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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SBI General Insurance Business Analyst Salaries in Mumbai

SBI General Insurance Business Analyst salary in Mumbai ranges between ₹4 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 SBI General Insurance latest salaries received from various employees of SBI General Insurance.

SBI General Insurance Business Analyst salaries in Mumbai

Companies similar to SBI General Insurance for Business Analyst in Mumbai

Latest annual salaries shared by SBI General Insurance Business Analyst in Mumbai

Experience wise SBI General Insurance Business Analyst salaries in Mumbai

Similar Designation salaries in SBI General Insurance

Salary related reviews for SBI General Insurance

Business Development Manager in Gorakhpur

Business Development Manager in Gorakhpur

Business Development Manager in Vijayawada

Business Development Manager in Yavatmal

Business Development Specialist in Kolkata

SBI General Insurance Business Analyst Salary FAQs

Tell us how to improve this page.