Shriram General Insurance Business Analyst Salaries by 4 Employees (Updated 2025)

0 - 16 years exp.

₹3.9 Lakhs - ₹10.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

23% less than the average Business Analyst Salary in Insurance Companies for 0 - 16 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 2 - 16 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹10.5 L/yr
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Customer Success, Service & Operations Business Analyst Salary Fresher (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr

Last Updated: 16 Mar 2025

Companies similar to Shriram General Insurance for Business Analyst

Company name	Avg Annual Salary	Open Jobs
MetLife Business Analyst Salary 1 - 9 years exp. (62 salaries)	₹2.9 L/yr - ₹9 L/yr 20% less	1 job opening
Swiss Re Business Analyst Salary 0 - 11 years exp. (44 salaries)	₹7 L/yr - ₹27.5 L/yr 116% more
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Principal Global Services Business Analyst Salary 2 - 8 years exp. (41 salaries)	₹5 L/yr - ₹15 L/yr 38% more
Aditya Birla Health Insurance Co Business Analyst Salary 2 - 9 years exp. (29 salaries)	₹3.8 L/yr - ₹11.2 L/yr 3% more
Medi Assist India Business Analyst Salary 0 - 5 years exp. (21 salaries)	₹4 L/yr - ₹16.6 L/yr 29% more
Royal Sundaram General Insurance Business Analyst Salary 0 - 15 years exp. (25 salaries)	₹4 L/yr - ₹15 L/yr 13% more
Allianz Services Business Analyst Salary 4 - 10 years exp. (23 salaries)	₹3.2 L/yr - ₹12.4 L/yr At par
Future Generali India Life Insurance Business Analyst Salary 1 - 10 years exp. (22 salaries)	₹2.6 L/yr - ₹11 L/yr 13% less
Bharti AXA Life Insurance Business Analyst Salary 1 - 12 years exp. (16 salaries)	₹2 L/yr - ₹7.5 L/yr 32% less
Chubb Business Analyst Salary 2 - 15 years exp. (16 salaries)	₹15 L/yr - ₹40 L/yr 225% more
Edelweiss Life Insurance Business Analyst Salary 2 - 7 years exp. (15 salaries)	₹5 L/yr - ₹7.4 L/yr 15% less
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Axa XL Business Analyst Salary 1 - 14 years exp. (14 salaries)	₹6.8 L/yr - ₹27 L/yr 116% more	3 job openings
Allianz Partners Business Analyst Salary 1 - 5 years exp. (13 salaries)	₹4.5 L/yr - ₹8 L/yr 9% less
Cholamandalam MS General Insurance Business Analyst Salary 2 - 12 years exp. (12 salaries)	₹7.5 L/yr - ₹18.5 L/yr 59% more
Liberty General Insurance Business Analyst Salary 4 - 18 years exp. (11 salaries)	₹7.8 L/yr - ₹12 L/yr 40% more
Universal Sompo General Insurance Business Analyst Salary 1 - 5 years exp. (7 salaries)	₹4 L/yr - ₹8 L/yr 20% less
Ageas Federal Life Insurance Business Analyst Salary 6 - 10 years exp. (5 salaries)	₹16 L/yr - ₹16.7 L/yr 115% more
Magma HDI General Insurance Business Analyst Salary 6 - 10 years exp. (5 salaries)	₹11.5 L/yr - ₹13.8 L/yr 67% more
Family Health Plan Business Analyst Salary 0 - 12 years exp. (5 salaries)	₹6.4 L/yr - ₹10.2 L/yr 24% more
ManipalCigna Health Insurance Business Analyst Salary 1 - 11 years exp. (5 salaries)	₹3 L/yr - ₹11 L/yr 8% less

View all

Business Analyst salary at Shriram General Insurance ranges between ₹3.9 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram General Insurance.

Experience wise Shriram General Insurance Business Analyst salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
2 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
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15+ years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr

Similar Designation salaries in Shriram General Insurance

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(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

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₹7.7 L/yr - ₹9.9 L/yr

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Salary related reviews for Shriram General Insurance

1.0

Rated by 1 employees for salary & benefits

Deputy Manager in Jaipur

Theft Claims Department

3.0

• posted on 21 Sep 2019

2.0

for Salary and Benefits

Likes

The company never gives mental stress to there employees. The work culture is good. Apart from the company policy. My boss always taught us the lessons of life. How to deal with professional & personal life. There is no hire & fire policy in the company if you are an hard worker. I also like the re-hire policy of the company.

Job security - Excellent

+2 more

Dislikes

Compensation is very less & growth is also very slow. There is no internal training programs for the employees. There is too much chaplusi done by some persons of senior members due to which the worth keeping person never uplift by the company.

Salary - Poor

Marketing Executive in Kochi

Full Time

Sales & Business Development Department

2.0

• posted on 27 Dec 2024

1.0

for Salary and Benefits

Likes

Company growth is high rate. So job security is very high . Excellent traning and advanced technology

Skill development - Good

+2 more

Dislikes

...to stress and imbalance. Difficulty in tracking and obtaining incentives fairly. Salary packages do not align with the amount and quality of work expected.

Salary - Bad

+2 more

Assistant Manager in Barasat

Full Time

Marketing & Communication Department

1.0

• posted on 23 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing to like in this company

Dislikes

I have work here for one month and they didn't give me salary after that I have resigned and they threatened me that I have signed bond of 2 years and company will file a case against me and demanding 6 month salary from me the work culture is very bad upper management use bad language

Salary - Bad

+6 more

Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 10 Oct 2023

1.0

for Salary and Benefits

Likes

Learning

Dislikes

...r increasing group companies profit. So employees are under tremendous pressure. Salary is very low comparing to Industry standard. They are forcefully making employees buy there LI policies which is high priced.

Salary - Bad

+4 more

Accounts Executive And Cashier in Paradip

Full Time

Finance & Accounting Department

2.0

• posted on 12 Oct 2022

1.0

for Salary and Benefits

Likes

Nothing much to say.

Skill development - Good

Dislikes

Working in SGI is not satisfactory as the salary is low compared to others peers in same domain in other peer companies and they will make you work late hours for which no incentives is given, at the same time promotions and appraisal is pathetic. You have to forget about appraisal if your working in this company.

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Shriram General Insurance Business Analyst Salary FAQs

What is the salary of Business Analyst at Shriram General Insurance ?

The average salary of a Business Analyst at Shriram General Insurance in India typically ranges from ₹3.9 Lakhs to ₹10.5 Lakhs per year, depending on experience (from Fresher to 16 years).

The top 10% of Business Analyst at Shriram General Insurance earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Business Analyst Salaries at Shriram General 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 4 Shriram General Insurance employees in India.

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

The estimated take-home salary of a Business Analyst at Shriram General Insurance in India typically ranges from ₹56,306 to ₹57,718 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from Fresher to 16 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 Shriram General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shriram General Insurance for Business Analyst in India?

Chubb	₹15.0 Lakhs to ₹40.0 Lakhs per year
Axa XL	₹6.8 Lakhs to ₹27.0 Lakhs per year
Swiss Re	₹7.0 Lakhs to ₹27.5 Lakhs per year
Ageas Federal Life Insurance	₹16.0 Lakhs to ₹16.7 Lakhs per year
Magma HDI General Insurance	₹11.5 Lakhs to ₹13.8 Lakhs per year

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

What is the salary of a Business Analyst in companies similar to Shriram General Insurance in India?

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

Aegon Life Insurance	₹10.6 Lakhs to ₹14.8 Lakhs per year
Cholamandalam MS General Insurance	₹7.5 Lakhs to ₹18.5 Lakhs per year
First American Title	₹6.0 Lakhs to ₹17.0 Lakhs per year
Liberty General Insurance	₹7.8 Lakhs to ₹12.0 Lakhs per year
Principal Global Services	₹5.0 Lakhs to ₹15.0 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 Shriram General Insurance in India?

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

Experience	Average Salary Range
Fresher	₹9.0 Lakhs to ₹11.5 Lakhs per year
2 years	₹4.4 Lakhs to ₹5.7 Lakhs per year
15 years	₹9.5 Lakhs to ₹12.1 Lakhs per year

and so on.

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Shriram General Insurance Business Analyst Salaries

Shriram General Insurance Business Analyst salary in India ranges between ₹3.9 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shriram General Insurance latest salaries received from various employees of Shriram General Insurance.