Swiss Re Business Associate Salaries by 4 Employees

4 - 7 years exp.

₹4.8 Lakhs - ₹8.1 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

34% more than the average Business Associate Salary in Insurance Companies for 4 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Business Associate Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.4 L/yr
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Data Science & Analytics Business Associate Salary 4 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.9 L/yr

Last Updated: 30 Jun 2023

Companies similar to Swiss Re for Business Associate

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Business Associate Salary 0 - 12 years exp. (100 salaries)	₹1.6 L/yr - ₹9.3 L/yr 31% less	19 job openings
ICICI Prudential Life Insurance Business Associate Salary 0 - 2 years exp. (79 salaries)	₹10 L/yr - ₹21 L/yr 129% more
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Future Generali India Life Insurance Business Associate Salary 0 - 22 years exp. (7 salaries)	₹1.6 L/yr - ₹3.1 L/yr 69% less
Axis Max Life Insurance Business Associate Salary 0 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 46% less
Bharti AXA Life Insurance Business Associate Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹14.8 L/yr 11% less
HDFC Life Business Associate Salary 0 - 2 years exp. (4 salaries)	₹2.3 L/yr - ₹8.5 L/yr 40% less
SBI Life Insurance Company Business Associate Salary 1 - 15 years exp. (3 salaries)	₹2 L/yr - ₹7 L/yr 62% less
Star Health & Allied Insurance Business Associate Salary 2 - 16 years exp. (3 salaries)	₹2 L/yr - ₹3.6 L/yr 58% less

Business Associate salary at Swiss Re ranges between ₹4.8 Lakhs to ₹8.1 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Swiss Re.

Experience wise Swiss Re Business Associate salaries

Last Updated: 30 Jun 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.3 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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6 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr

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Salary related reviews for Swiss Re

Senior Analyst in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 18 Jul 2024

3.0

for Salary and Benefits

Likes

Swiss Re is a great place where you really get to expand your horizon as an Individual as well as a team player. They really care about their employees and this is reflected in rhe infra structure and other support they offer

Job security - Good

+3 more

Dislikes

Pay scale could be better

Promotions - Poor

Team Lead in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 12 Apr 2023

3.0

for Salary and Benefits

Likes

Nothing really

Company culture - Good

+1 more

Dislikes

Compensation way too less based on market standard. HRs are not communicative, Promotion chances are next to zero. Only if you can roam around top management then you have a chance of moving up.

Skill development - Poor

+3 more

Associate in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

3.0

• posted on 18 Jun 2023

2.0

for Salary and Benefits

Likes

- Good work life balance - Decent work but it definitely depends on the team you are on - Good benefits/insurance - As of June 2023, they still have hybrid work mode (3 days office, 2 days wfh)

Skill development - Good

+3 more

Dislikes

- Low pay compared to competitors/industry standards - Experience is given more emphasis than merit - No free cab services/food (unless you work very odd hours)

Salary - Poor

+1 more

Assistant Vice President Finance in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

1.0

• posted on 29 Jan 2023

1.0

for Salary and Benefits

Likes

Office is at good location

Dislikes

Management boost about low pay due to very good work life balance. But you never get that so called work life balance. There is so much traction in between teams and work culture is bad. Attraction is above 40% in finance and it put enormous pressure on existing resources with no forward looking career plan. Overall a bad organization to work with in terms of pay, work life balance, learning. One can join the organisation to see how simple things can be ruined.

Salary - Bad

+6 more

Director -Insurance IT in Bangalore Rural

Full Time

Project & Program Management Department

4.0

• posted on 15 Jan 2022

4.0

for Salary and Benefits

Likes

...like traditional IT companies where manager and above decides employee future. Best place to work with excellent package

Salary - Good

+6 more

Dislikes

No long term opportunities

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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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Swiss Re Business Associate Salary FAQs

What is the salary of Business Associate at Swiss Re ?

The average salary of a Business Associate at Swiss Re in India typically ranges from ₹4.8 Lakhs to ₹8.1 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Business Associate at Swiss Re earn more than ₹8.1 Lakhs per year, and the top 1% earn over ₹8.1 Lakhs per year. Business Associate Salaries at Swiss 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 Swiss Re employees in India.

What is the estimated take home salary of a Business Associate at Swiss Re in India?

The estimated take-home salary of a Business Associate at Swiss Re in India typically ranges from ₹51,722 to ₹52,941 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹8.1 Lakhs per year for employees with experience ranging from 4 years to 7 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 Swiss Re. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Swiss Re for Business Associate in India?

ICICI Prudential Life Insurance

₹10.0 Lakhs to ₹21.0 Lakhs per year

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

What is the salary of a Business Associate in companies similar to Swiss Re in India?

The salary of a Business Associate at companies similar to Swiss Re in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharti AXA Life Insurance	₹2.0 Lakhs to ₹14.8 Lakhs per year
Tata AIA Life Insurance	₹1.6 Lakhs to ₹9.3 Lakhs per year
HDFC Life	₹2.3 Lakhs to ₹8.5 Lakhs per year
Axis Max Life Insurance	₹3.0 Lakhs to ₹4.5 Lakhs per year
Star Health & Allied Insurance	₹2.0 Lakhs to ₹3.6 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 Associate at Swiss Re in India?

The salary growth for a Business Associate at Swiss Re depends on factors such as experience, performance, and promotions. On average, a Business Associate can expect the following growth trajectory at Swiss Re:

Experience	Average Salary Range
4 years	₹7.2 Lakhs to ₹9.3 Lakhs per year
5 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
6 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
7 years	₹5.8 Lakhs to ₹7.4 Lakhs per year

and so on.

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Swiss Re Business Associate Salaries

Swiss Re Business Associate salary in India ranges between ₹4.8 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Swiss Re latest salaries received from various employees of Swiss Re.

Swiss Re Business Associate salaries in India

Companies similar to Swiss Re for Business Associate

Latest annual salaries shared by Swiss Re Business Associate

Experience wise Swiss Re Business Associate salaries

Similar Designation salaries in Swiss Re

Salary related reviews for Swiss Re

Senior Analyst in Bangalore / Bengaluru

Team Lead in Bangalore / Bengaluru

Associate in Bangalore / Bengaluru

Assistant Vice President Finance in Bangalore / Bengaluru

Director -Insurance IT in Bangalore Rural

Swiss Re Business Associate Salary FAQs

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