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Engaged Employer
Max Life Insurance
4.1
based on 5.3k Reviews
Company Overview
Company Locations
Working at Max Life Insurance
Company Summary
Max Life Insurance, A leading life insurance company in India, offers a range of life insurance plans and policies to ensure Lifetime Protection.
Overall Rating
4.1/5
based on 5.3k reviews
6% above
industry average
Highly rated for
Company culture, Job security, Skill development
Work Policy
Work from office
82% employees reported
Monday to Saturday
46% employees reported
Flexible timing
52% employees reported
Within city
54% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
383 employees reported
Health insurance
219 employees reported
Cafeteria
92 employees reported
Professional degree assistance
90 employees reported
View all benefits
About Max Life Insurance
Founded in2000 (25 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersGurgaon/Gurugram, Haryana, India
Office Locations
--
Websitemaxlifeinsurance.com
Primary Industry
Other Industries
Max Life Insurance Company Limited is a life insurance company in India. The company is a subsidiary of the publicly listed Max Financial Services Limited and is the largest non-bank private-sector life insurer in India.
Mission: We are an honest life insurance company, committed to doing what is right
We serve our customers through Long-Term Savings, Protection and Retirement Solutions, delivered by our high-quality Agency and Multi-Channel Distribution Partners
We are a business with strong social relevance and contribute to society by supporting causes in health and well-being.
Vision: Max Life envisions to be the most admired life insurance company in India by securing the financial future of our customers.
Max Life Insurance Ratings
based on 5.3k reviews
Overall Rating
4.1/5
How AmbitionBox ratings work?
5
3k
4
1.1k
3
537
2
191
1
429
Category Ratings
4.0
Company culture
4.0
Job security
4.0
Skill development
3.9
Salary
3.9
Work-life balance
3.8
Work satisfaction
3.7
Promotions
Max Life Insurance is rated 4.1 out of 5 stars on AmbitionBox, based on 5.3k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Max Life Insurance
based on 5k reviews
4.1
Rated by 1.1k Women
Rated 4.0 for Job security and 4.0 for Skill development
4.1
Rated by 3.9k Men
Rated 4.1 for Skill development and 4.0 for Company culture
Work Policy at Max Life Insurance
based on 686 reviews in last 6 months
Work from office
82%
Hybrid
14%
Permanent work from home
4%
Max Life Insurance Reviews
Top mentions in Max Life Insurance Reviews
+ 5 more
Compare Axis Max Life Insurance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.1/5 based on 5.3k reviews | 4.1/5 based on 6.1k reviews | 3.8/5 based on 3.8k reviews | 4.0/5 based on 8.9k reviews |
Highly Rated for | Skill development Job security Company culture | Job security Skill development Salary | Job security | Skill development Job security Work-life balance |
Critically Rated for | No critically rated category | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 82% employees reported | Work from office 88% employees reported | Work from office 77% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 4.1 Good rated by 1.1k women | 4.0 Good rated by 1.4k women | 3.8 Good rated by 597 women | 3.9 Good rated by 1.9k women |
Rating by Men Employees | 4.1 Good rated by 3.9k men | 4.1 Good rated by 4.5k men | 3.8 Good rated by 2.9k men | 4.0 Good rated by 6.6k men |
Job security | 4.0 Good | 4.1 Good | 3.9 Good | 3.9 Good |
View more
Max Life Insurance Salaries
Max Life Insurance salaries have received with an average score of 3.9 out of 5 by 5.3k employees.
Deputy Manager
(772 salaries)
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₹2.4 L/yr - ₹9 L/yr
Associate Sales Manager
(663 salaries)
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₹2 L/yr - ₹5 L/yr
Relationship Associate
(638 salaries)
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₹1.8 L/yr - ₹4.4 L/yr
Sales Manager
(609 salaries)
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₹2.3 L/yr - ₹6.2 L/yr
Agency Development Manager
(567 salaries)
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₹2 L/yr - ₹6.7 L/yr
Relationship Manager
(495 salaries)
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₹1.1 L/yr - ₹7 L/yr
Associate Agency Development Manager
(355 salaries)
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₹2.3 L/yr - ₹5.3 L/yr
Deputy Cluster Manager
(338 salaries)
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₹3.5 L/yr - ₹7.2 L/yr
Area Manager
(284 salaries)
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₹4.2 L/yr - ₹13.8 L/yr
Assistant Sales Manager
(257 salaries)
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₹2.4 L/yr - ₹4.8 L/yr
Max Life Insurance Interview Questions
Interview questions by designation
Top Max Life Insurance interview questions and answers
Get interview-ready with top interview questions
Max Life Insurance Jobs
Max Life Insurance News
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Quiet Quitting 2.0: Now the corner office grows quiet
- Executive quiet quitting- a subtle form of disengagement involving present-in-body but absent-in-spirit office-goers- is fast catching up with Indian corporate landscape, warns a news report.
- As India grows more prosperous, senior leaders have more options that allow them to prioritize personal fulfillment over relentless corporate demands, Shailesh Singh, chief people officer, Max Life Insurance said.
- This purpose deficit is particularly acute in an era where younger executives increasingly seek meaning alongside monetary rewards.
- Leadership disengagement or quiet quitting is a major problem as it leads to uninspired decisions, which in turn affects workforce motivation and performance, leading to innovation stagnation and loss of talent and much more.
- The impact of quiet quitting ripples through organisations leading to long-term business impact.
- The solution requires a fundamental rethink of corporate culture.
- Indian companies are already experimenting with novel approaches, including sabbaticals for senior executives, rotation programmes that offer fresh challenges, and structured mentorship networks that provide emotional support.
- Executive coaching, mental health resources, and mentorship programmes—long standard in Western corporations—must become commonplace in Indian boardrooms.
- Companies must create environments where leaders can acknowledge stress without fear of judgment.
- Industries must balance ambition with well-being, profit with purpose, and performance with personal growth.
HRKatha | 6 Feb, 2025
Max Financial Services’ Insurance Unit Axis Max Life Approves Roadmap For Listing
- Axis Max Life Insurance, a joint venture between Max Financial Services and Axis Bank, has approved a roadmap for its public listing.
- The roadmap involves merging Max Financial Services, the holding company of Axis Max Life, into Axis Max Life to achieve listed status.
- Max Financial Services holds an 80.98% stake in Axis Max Life.
- Axis Max Life Insurance has also approved a proposal to raise additional capital through the issuance of non-convertible debentures.
Bloomberg Quint | 4 Feb, 2025
Axis Max Life Insurance To Discontinue Max Life Pension Fund Management
- Axis Max Life Insurance is set to wind down wholly owned subsidiary Max Life Pension Fund Management Ltd. in order to avoid brand confusion.
- The decision was taken after the recent change in the corporate name from Max Life Insurance to Axis Max Life Insurance and inclusion of the Axis logo in its brand.
- The presence of two separate pension fund management entities with similar branding may result in unintended misinterpretation among the general public and subscribers.
- Max Life PFM will wind up its operations after receipt of all the requisite approvals and remaining capital will be sent back to the company as its shareholder.
Bloomberg Quint | 27 Dec, 2024
Max Life Insurance Company Rebrands As Axis Max Life Insurance After Regulatory Nod
- Max Life Insurance has rebranded as Axis Max Life Insurance after receiving regulatory approval.
- The new brand identity includes a refreshed logo that integrates Axis's distinctive 'A' and burgundy shade.
- The company aims to expand its distribution network and strengthen its market presence with the refreshed identity.
- The rebranding marks a pivotal milestone in the company's brand evolution.
Bloomberg Quint | 13 Dec, 2024
2 in 3 Indian Women Prioritise Retirement Savings, Outpacing Men and National Averages
- Two out of three Indian women are actively saving and investing for retirement, surpassing the national average and men.
- Women are prioritizing financial independence and taking charge of their future, breaking away from old traditions.
- The Women's Retirement Index climbed to 50, ahead of the men's and national average of 49.
- Women are favoring risk-based investments, investing in mutual funds, SIPs, and the stock market.
All Things Talent | 13 Dec, 2024
Women Better Prepared For Retirement Than Men And Nation — Their Investments Show
- The India Retirement Index Study (IRIS) by Max Life Insurance reveals that women are better prepared for retirement than men and the national average.
- The retirement preparedness index for women increased to 50, surpassing the men's and national average of 49.
- More than one-third of women have invested in risk-based financial products, with 68% investing in retirement products.
- Women prioritize financial independence, lifestyle maintenance, and family recommendations as motivators for their investments.
Bloomberg Quint | 12 Dec, 2024
How some companies are working on building trust among employees
- Trust is a strategic imperative for organisations and can be measured and cultivated.
- Max Life Insurance takes a proactive approach to fostering trust through surveys and feedback tools.
- Shared human experiences, such as traveling and dining together, can help rebuild trust among colleagues.
- Structured practices, embracing values, and technology also contribute to building trust.
HRKatha | 21 Nov, 2024
Max Life integrates Swiss Re’s digital health underwriting into its operations
- Max Life has integrated Swiss Re’s digital health underwriting into its operations.
- The collaboration enhances Max Life’s underwriting capabilities and improves the customer on-boarding experience.
- Swiss Re’s DHU solution automates technical underwriting using advanced technology and real-time decision-making.
- The integration of DHU enables Max Life to harness extensive health data for risk assessments and personalised offerings.
HinduBusinessLine | 11 Nov, 2024
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Max Life Insurance Offices
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Max Life Insurance FAQs
When was Axis Max Life Insurance founded?
Axis Max Life Insurance was founded in 2000. The company has been operating for 25 years primarily in the Insurance sector.
Where is the Axis Max Life Insurance headquarters located?
Axis Max Life Insurance is headquartered in Gurgaon/Gurugram, Haryana.
How many employees does Axis Max Life Insurance have in India?
Axis Max Life Insurance currently has more than 22,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Axis Max Life Insurance based on the number of reviews submitted on AmbitionBox.
Does Axis Max Life Insurance have good work-life balance?
Axis Max Life Insurance has a Work-Life Balance Rating of 3.9 out of 5 based on 5,200+ employee reviews on AmbitionBox. 78% employees rated Axis Max Life Insurance 4 or above, while 22% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Axis Max Life Insurance work-life balance reviews for more details
Is Axis Max Life Insurance good for career growth?
Career growth at Axis Max Life Insurance is rated fairly well, with a promotions and appraisal rating of 3.7. 78% employees rated Axis Max Life Insurance 4 or above, while 22% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Axis Max Life Insurance promotions/appraisals reviews for more detailed insights.
What are the pros of working in Axis Max Life Insurance?
Working at Axis Max Life Insurance offers several advantages that make it an appealing place for employees. The company is highly rated for company culture, job security and skill development, based on 5,200+ employee reviews on AmbitionBox.
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