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ICICI Lombard General Insurance Company Senior Business Analyst salaries in India (Updated 2025)

Annual salary range
1 - 7 years exp.
₹8 Lakhs - ₹16 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Senior Business Analyst Salary at ICICI Lombard General Insurance Company ranges between ₹8 Lakhs to ₹16 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 11... Read more

26% less than the average Senior Business Analyst Salary in Insurance Companies for 1 - 7 years of experience

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Last Updated: 9 Jun 2025

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Latest annual salaries shared by ICICI Lombard General Insurance Company Senior Business Analyst

2d ago
₹15 Lakhs
2 years exp.
1w ago
₹15 Lakhs
1 year exp.
2mo ago
₹8.5 Lakhs
4 years exp.
10mo ago
₹16 Lakhs
6 years exp.

ICICI Lombard General Insurance Company Senior Business Analyst salaries by

Years of experience Avg. annual salary
1 year (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.2 L/yr
2 years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹13.2 L/yr
3 years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹13.2 L/yr
4 years  (3 salaries)

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₹8.5 L/yr - ₹15 L/yr
5 years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹13.2 L/yr
View all salaries by experience

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₹7.4 L/yr - ₹24 L/yr

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Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for ICICI Lombard General Insurance Company

2.0

Rated by 3 employees for salary & benefits

Marketing & Communication Department

3.0
  •  updated on 13 Oct 2022

1.0
 for  Salary and Benefits

Likes

...place to work for those who are willing to get retired from the particular firm. On time salary. Professional and Straightforward VP.

read more
  • Job security - Excellent

Dislikes

Work culture overall i.e non-responsive HR (Except Mohit Bane), IT team, Bad appraisal process and micro monitoring person AVP who is not even supporting towards the team. Even i will recommend to other peoples don't join in his team you will get exploit, harresed and irritated each and evey working as well as non working hours. There is no value for your efforts, even after showing result oriented work in full proof.

read more
  • Salary - Bad
  • +4 more

Manpower Department

5.0
  •  updated on 20 Dec 2021

5.0
 for  Salary and Benefits

Likes

Good work environment and culture,Company policies are good,appraisals are fair and they give good salary hike and bonus every year

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

read more

Procurement & Supply Chain Department

1.0
  •  updated on 21 Jun 2020

2.0
 for  Salary and Benefits

Likes

As I m a former employee of this company i found that only work is important not any thing else.. They gives mental pressure to the employees which results in nervous break down. I m lucky that my family support is with me and I leave the job just after 3 months of joining because of mental torture by the boss of our vertical.. Plz don't join this company if u dont want to take mental pressure

read more

Dislikes

.... Pathetic working culture.. Pathetic boss... Pathetic company to work with. The person will get salary but also get mental pressure which can broke u up....

read more
  • Salary - Poor
  • +6 more

Bancassurance Department

3.0
  •  updated on 28 Dec 2020

4.0
 for  Salary and Benefits

Likes

Office ambience. Good pay scale. 5 days work in a week so good work life balance.

read more
  • Salary - Good
  • +2 more

Dislikes

No skill devlopement, career growth is dependent on your relationship with superior, too much process oriented job, travelling is cumbersome if your work in head office.

read more
  • Skill development - Bad
  • +2 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  updated on 28 Apr 2025

5.0
 for  Salary and Benefits

Likes

Salary always get credited on time and also expenses get reviewed by the Accounts team diligently.

read more
  • Salary - Excellent

Dislikes

Manpower is always a concern, Management doesn't welcome new idea to make workload balance, Orthodox mindset comparatively low system knowledge and old time fundamentally driven site

read more
  • Skill development - Poor
  • +5 more
see more salary related reviews

ICICI Lombard General Insurance Company Senior Business Analyst Salary FAQs

What is the salary of Senior Business Analyst at ICICI Lombard General Insurance Company ?
The average salary of a Senior Business Analyst at ICICI Lombard General Insurance Company in India typically ranges from ₹8.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Senior Business Analyst at ICICI Lombard General Insurance Company earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Senior Business Analyst Salaries at ICICI Lombard General Insurance Company 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 10+ ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Senior Business Analyst at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Senior Business Analyst at ICICI Lombard General Insurance Company in India typically ranges from ₹81,744 to ₹83,876 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 1 year 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 10+ salaries received from various employees of ICICI Lombard General Insurance Company. 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 ICICI Lombard General Insurance Company ?
To be a Senior Business Analyst at ICICI Lombard General Insurance Company in india, the key skills required include:

  • - Tableau
  • - Problem Solving
  • - Business Analysis

These skills are highly valued at ICICI Lombard General Insurance Company and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ICICI Lombard General Insurance Company for Senior Business Analyst in India?
First American Corporation ₹8.4 Lakhs to ₹26.5 Lakhs per year
Bajaj Allianz Life Insurance ₹7.3 Lakhs to ₹22.0 Lakhs per year
Allianz ₹7.5 Lakhs to ₹20.6 Lakhs per year
Star Health & Allied Insurance ₹8.5 Lakhs to ₹18.0 Lakhs per year
Canara HSBC Life Insurance ₹12.0 Lakhs to ₹15.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Lombard General Insurance Company, depending on the role and experience level.
What is the salary of a Senior Business Analyst in companies similar to ICICI Lombard General Insurance Company in India?
The salary of a Senior Business Analyst at companies similar to ICICI Lombard General Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life ₹8.3 Lakhs to ₹19.0 Lakhs per year
ICICI Prudential Life Insurance ₹8.5 Lakhs to ₹14.5 Lakhs per year
Guardian India ₹8.8 Lakhs to ₹12.8 Lakhs per year
Axis Max Life Insurance ₹9.0 Lakhs to ₹12.3 Lakhs per year
Tata AIG ₹5.0 Lakhs to ₹14.5 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 ICICI Lombard General Insurance Company in India?
The salary growth for a Senior Business Analyst at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Senior Business Analyst can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
1 year ₹10.4 Lakhs to ₹13.2 Lakhs per year
2 years ₹10.3 Lakhs to ₹13.2 Lakhs per year
3 years ₹10.3 Lakhs to ₹13.2 Lakhs per year
4 years ₹8.5 Lakhs to ₹15.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Senior Business Analyst salary in India ranges between ₹8 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.