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An insurance claims analyst is responsible for evaluating and processing insurance claims to determine coverage and settlement amounts. They review policy terms, investigate the circumstances of the claim, and gather necessary documentation to make informed decisions. Insurance claims analysts analyze the validity of claims, assess damage or loss, and negotiate settlements with policyholders or third-party claimants. They collaborate with adjusters, legal teams, and other professionals to ensure accurate and timely claim resolution. Additionally, they may conduct interviews, inspect damaged property, and assess liability to determine the appropriate course of action. Strong analytical skills, attention to detail, and knowledge of insurance policies and regulations are essential for success in this role.
Estimated Yearly Salary: 2,203,314 INR
Estimated Monthly Salary: 183,610 INR
Estimated Weekly Salary: 42,371 INR per week
Estimated Hourly Salary: 1,059 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 177,465 INR
Estimated Weekly Salary: 40,953 INR per week
Estimated Hourly Salary: 1,024 INR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 24,534 USD
Estimated Monthly Salary: 2,045 USD
Estimated Weekly Salary: 472 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 2,203,314 INR
Estimated Monthly Salary: 183,610 INR
Estimated Weekly Salary: 42,371 INR per week
Estimated Hourly Salary: 1,059 INR per hour
By working as Insurance Claims Analyst a person can save up to 1,149 USD per month or 13,792 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Insurance Claims Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Claims Analyst salary in India
Average Yearly Salary of Insurance Claims Analyst in India is approximately 2,203,314 INR (24,534 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Insurance Claims Analyst do?
An insurance claims analyst is responsible for evaluating and processing insurance claims to determine coverage and settlement amounts. They review policy terms, investigate the circumstances of the claim, and gather necessary documentation to make informed decisions. Insurance claims analysts analyze the validity of claims, assess damage or loss, and negotiate settlements with policyholders or third-party claimants. They collaborate with adjusters, legal teams, and other professionals to ensure accurate and timely claim resolution. Additionally, they may conduct interviews, inspect damaged property, and assess liability to determine the appropriate course of action. Strong analytical skills, attention to detail, and knowledge of insurance policies and regulations are essential for success in this role.
Skills: Insurance claims, Claims analysis, Claim settlement, Policy evaluation, Loss assessment, Risk management.
Job industry: Insurance
Job industry: Insurance
How much does Insurance Claims Analyst make?
Salary details
How much does Insurance Claims Analyst make?Estimated Yearly Salary: 2,203,314 INR
Estimated Monthly Salary: 183,610 INR
Estimated Weekly Salary: 42,371 INR per week
Estimated Hourly Salary: 1,059 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,129,580 INREstimated Monthly Salary: 177,465 INR
Estimated Weekly Salary: 40,953 INR per week
Estimated Hourly Salary: 1,024 INR per hour
Last revision of data: 2024-01-03Insurance Claims Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 24,534 USD
Estimated Monthly Salary: 2,045 USD
Estimated Weekly Salary: 472 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claims Analyst job salary compared to average salary in India.
Comparison shows that a person working as Insurance Claims Analyst in India earns on average:
1.19 times the average salary (or 119% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claims Analyst job salary compared to average salary in India.
Comparison shows that a person working as Insurance Claims Analyst in India earns on average:
1.19 times the average salary (or 119% of average salary).
Is Insurance Claims Analyst a well paid job?
Yes, our data show that Insurance Claims Analyst is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Insurance Claims Analyst?
High salary for Insurance Claims Analyst would be somewhere between 2,423,645 INR and 3,194,805 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Claims Analyst in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 2,203,314 INR
Estimated Monthly Salary: 183,610 INR
Estimated Weekly Salary: 42,371 INR per week
Estimated Hourly Salary: 1,059 INR per hour
By working as Insurance Claims Analyst a person can save up to 1,149 USD per month or 13,792 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Insurance Claims Analyst
Pakistan is 1,728 USD
China is 14,058 USD
Nepal is 8,061 USD
Bangladesh is 3,090 USD
Afghanistan is 6,558 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
(17,441,897 INR per year, pre-tax.)
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4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
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7. Urologist
(16,021,806 INR per year, pre-tax.)
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Data as of 2025Random salary:
Senior sales operations analyst (3,161,520 INR per year, pre-tax.)
Meat wrapper grocery store (814,347 INR per year, pre-tax.)
Insurance underwriter healthcare (2,462,820 INR per year, pre-tax.)
Banking foreign exchange clerk (1,752,452 INR per year, pre-tax.)
Planning manager (finance), long range (3,842,100 INR per year, pre-tax.)
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