Home > Salary > India > Research Analyst Insurance
A research analyst in insurance is responsible for conducting extensive research and analysis on various aspects of the insurance industry. They gather data, analyze market trends, and evaluate the performance of insurance products and companies. Their primary goal is to provide insights and recommendations that enable insurance companies to make informed decisions regarding pricing, risk assessment, and product development. Research analysts also monitor regulatory changes, competitor activities, and customer preferences to identify potential opportunities or threats. Strong analytical skills, attention to detail, and proficiency in data analysis tools are crucial for this role. Effective communication and presentation skills are also necessary to communicate findings and recommendations to key stakeholders.
Estimated Yearly Salary: 2,049,040 INR
Estimated Monthly Salary: 170,753 INR
Estimated Weekly Salary: 39,405 INR per week
Estimated Hourly Salary: 985 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 164,663 INR
Estimated Weekly Salary: 37,999 INR per week
Estimated Hourly Salary: 950 INR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 22,652 USD
Estimated Monthly Salary: 1,888 USD
Estimated Weekly Salary: 436 USD per week
Estimated Hourly Salary: 11 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 2,049,040 INR
Estimated Monthly Salary: 170,753 INR
Estimated Weekly Salary: 39,405 INR per week
Estimated Hourly Salary: 985 INR per hour
By working as Research Analyst Insurance a person can save up to 992 USD per month or 11,910 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 Research Analyst Insurance
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Grill cook (740,330 INR per year, pre-tax.)
Construction worker (948,497 INR per year, pre-tax.)
Dog kennel manager (1,161,593 INR per year, pre-tax.)
Hotel housekeeping aideattendantassistant (666,314 INR per year, pre-tax.)
Cad programmer (1,277,053 INR per year, pre-tax.)
Research Analyst Insurance salary in India
Average Yearly Salary of Research Analyst Insurance in India is approximately 2,049,040 INR (22,652 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 Research Analyst Insurance do?
A research analyst in insurance is responsible for conducting extensive research and analysis on various aspects of the insurance industry. They gather data, analyze market trends, and evaluate the performance of insurance products and companies. Their primary goal is to provide insights and recommendations that enable insurance companies to make informed decisions regarding pricing, risk assessment, and product development. Research analysts also monitor regulatory changes, competitor activities, and customer preferences to identify potential opportunities or threats. Strong analytical skills, attention to detail, and proficiency in data analysis tools are crucial for this role. Effective communication and presentation skills are also necessary to communicate findings and recommendations to key stakeholders.
Skills: research analyst, insurance industry, data analysis, market trends, risk assessment, product development.
Job industry: Insurance
Job industry: Insurance
How much does Research Analyst Insurance make?
Salary details
How much does Research Analyst Insurance make?Estimated Yearly Salary: 2,049,040 INR
Estimated Monthly Salary: 170,753 INR
Estimated Weekly Salary: 39,405 INR per week
Estimated Hourly Salary: 985 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,975,950 INREstimated Monthly Salary: 164,663 INR
Estimated Weekly Salary: 37,999 INR per week
Estimated Hourly Salary: 950 INR per hour
Last revision of data: 2024-01-07Research Analyst Insurance estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 22,652 USD
Estimated Monthly Salary: 1,888 USD
Estimated Weekly Salary: 436 USD per week
Estimated Hourly Salary: 11 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
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 Research Analyst Insurance job salary compared to average salary in India.
Comparison shows that a person working as Research Analyst Insurance in India earns on average:
1.11 times the average salary (or 111% 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 Research Analyst Insurance job salary compared to average salary in India.
Comparison shows that a person working as Research Analyst Insurance in India earns on average:
1.11 times the average salary (or 111% of average salary).
Is Research Analyst Insurance a well paid job?
Yes, our data show that Research Analyst Insurance 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 Research Analyst Insurance?
High salary for Research Analyst Insurance would be somewhere between 2,253,944 INR and 2,971,108 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Research Analyst Insurance 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: 2,049,040 INR
Estimated Monthly Salary: 170,753 INR
Estimated Weekly Salary: 39,405 INR per week
Estimated Hourly Salary: 985 INR per hour
By working as Research Analyst Insurance a person can save up to 992 USD per month or 11,910 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 Research Analyst Insurance
Pakistan is 1,609 USD
China is 13,025 USD
Nepal is 7,471 USD
Bangladesh is 2,871 USD
Afghanistan is 6,079 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.)
(16,859,303 INR per year, pre-tax.)
4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(16,022,930 INR per year, pre-tax.)
7. Urologist
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
9. Oncologist
(15,984,385 INR per year, pre-tax.)
(15,947,550 INR per year, pre-tax.)
Data as of 2025Random salary:
Grill cook (740,330 INR per year, pre-tax.)
Construction worker (948,497 INR per year, pre-tax.)
Dog kennel manager (1,161,593 INR per year, pre-tax.)
Hotel housekeeping aideattendantassistant (666,314 INR per year, pre-tax.)
Cad programmer (1,277,053 INR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=india&job=research-analyst-insurance'><img src='https://optisalary.com/wp-content/graphs/salary/research-analyst-insurance-salary-in-india-2025.jpg' alt='research analyst insurance salary in india 2025' title='research analyst insurance salary in india 2025' /></a>
Please note:The salary figures presented here are intended for reference purposes solely.
This website aggregates salary data for informational use exclusively. We attempt to provide reliable figures, but do not assure their precision. Users are encouraged to consult official platforms before making financial choices. Salary amounts can fluctuate due to company policies, market demands, and skills. We assume no responsibility for inconsistencies in the salary information provided. Your continued use with this site indicates agreement of this policy.
This website presents salary insights for educational purposes only. While we gather data from various providers, we cannot ensure absolute accuracy. Users are advised to consult external platforms before making major financial moves. Salaries shift due to numerous factors, such as experience, industry trends, and negotiation tactics. We cannot provide warranty regarding the correctness of the displayed salary data. Your use of this site confirms your acceptance of these terms.