Max Life Insurance Analyst Salaries by 10+ Employees (Updated 2025)

0 - 5 years exp.

₹2.7 Lakhs - ₹12.5 Lakhs

Salary of majority employees

Fixed (88%)

₹6.4 Lakhs

Variable (12%)

₹0.9 Lakh

12% more than the average Analyst Salary in Insurance Companies for 0 - 5 years of experience

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Last Updated: 30 Nov 2024

Companies similar to Axis Max Life Insurance for Analyst

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Analyst Salary 0 - 2 years exp. (3 salaries)	₹7 L/yr - ₹8.3 L/yr 5% more
SBI Life Insurance Company Analyst Salary 0 - 5 years exp. (4 salaries)	₹4.2 L/yr - ₹8 L/yr 10% less
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Bajaj Allianz Life Insurance Analyst Salary 1 - 4 years exp. (5 salaries)	₹3 L/yr - ₹7.5 L/yr 33% less
Kotak Mahindara Life Insurance Analyst Salary 2 - 8 years exp. (4 salaries)	₹2.6 L/yr - ₹15.8 L/yr 2% more
Tata AIA Life Insurance Analyst Salary 3 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹7.5 L/yr 22% less
Aditya Birla Sun Life Insurance Analyst Salary 3 - 12 years exp. (3 salaries)	₹7 L/yr - ₹28 L/yr 173% more
PNB MetLife Analyst Salary 0 - 6 years exp. (5 salaries)	₹3 L/yr - ₹7.4 L/yr 34% less
Gallagher Analyst Salary 1 - 5 years exp. (262 salaries)	₹2 L/yr - ₹7.3 L/yr 49% less
AXA Analyst Salary 0 - 4 years exp. (57 salaries)	₹2.8 L/yr - ₹6.5 L/yr 40% less
ICICI Lombard General Insurance Company Analyst Salary 0 - 4 years exp. (19 salaries)	₹4 L/yr - ₹14.4 L/yr 25% more
Allianz Analyst Salary 2 - 4 years exp. (11 salaries)	₹3.5 L/yr - ₹6.7 L/yr 24% less
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AIG Analyst Salary 1 - 6 years exp. (8 salaries)	₹5 L/yr - ₹6 L/yr 19% less
Bajaj Allianz General Insurance Analyst Salary 3 - 6 years exp. (5 salaries)	₹5.2 L/yr - ₹6.8 L/yr 17% less
Aviva Life Insurance India Analyst Salary 1 year exp. (4 salaries)	₹3.1 L/yr - ₹6 L/yr 48% less
SBI General Insurance Analyst Salary 0 - 6 years exp. (4 salaries)	₹1.9 L/yr - ₹9.9 L/yr 8% less
Royal Sundaram General Insurance Analyst Salary 2 - 19 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr 63% less
Star Union Dai-ichi Life Insurance Analyst Salary 0 - 3 years exp. (4 salaries)	₹4.4 L/yr - ₹7 L/yr 21% less
HDFC Ergo General Insurance Analyst Salary 0 - 3 years exp. (4 salaries)	₹5.1 L/yr - ₹12 L/yr 16% more
Star Health & Allied Insurance Analyst Salary 0 - 7 years exp. (3 salaries)	₹4 L/yr - ₹5.6 L/yr 37% less

Analyst salary at Axis Max Life Insurance ranges between ₹2.7 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 18 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Analyst salaries

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹8 L/yr - ₹11.5 L/yr
1 year (5 salaries)	₹3.2 L/yr - ₹9.5 L/yr
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2 years (4 salaries)	₹3.1 L/yr - ₹12.5 L/yr
3 years (4 salaries)	₹3 L/yr - ₹9.5 L/yr
4 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10.8 L/yr

View all

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Top skills at Axis Max Life Insurance for Analyst

Deep Learning Machine Learning Artificial Intelligence Data Science Python Strategic Planning Rewards Market Intelligence Dashboards Project Management Python Data Science Deep Learning R Artificial Intelligence

Salary related reviews for Axis Max Life Insurance

1.9

Rated by 2 employees for salary & benefits

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 05 Jan 2024

1.0

for Salary and Benefits

Likes

To be very honest . Leaders are not at all good. They don’t treat people with respect. Just Bogus Company I ever worked with.

Dislikes

Everything. Full of Politics. Managers and leaders are not at all good.. Doesn’t provide Exact salary. And the KRA’s don’t match what they said during Interview.

Salary - Bad

+6 more

Data Scientist in Gurgaon / Gurugram

Full Time

Data Science & Analytics Department

3.0

• posted on 01 Aug 2024

3.0

for Salary and Benefits

Likes

Office Space Multiple business problems to solve.

Dislikes

Salary Too much office politics. Sometimes good work is limited to some folks. Career growth opportunities are limited to only some section of the teams

Company culture - Poor

+1 more

Relationship Associate in Raipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jul 2024

1.0

for Salary and Benefits

Likes

Job security

Dislikes

Appraisal depends upon reporting manager, new candidates came with higher package but old employees voice can not get into company ear because of team leaders. Competition are very good in this situation.

Salary - Bad

+5 more

Associate Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 01 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Worst management and HR. Management torture Lower level staff for business. Even HR also support manager and they take concall for business. Worst working conditions in Max life Cooperative banca channel I have seen in my life time.

Salary - Poor

+6 more

Associate in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 May 2024

1.0

for Salary and Benefits

Likes

Nothing good here

Dislikes

...arget is not complete. Target is so high that you will never receive incentives. Pay is too less and pressure, toxicity and politics is too high.

Salary - Bad

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Axis Max Life Insurance

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thickraspberry

works at

B P Oil Mills

Facing Toxic Culture and Management Issues.

I joined Axis Max Life Insurance, on 24 Dec 2024, After 11 Jan 2025 I started receiving hate and toxic culture from the female L1 Manager BRM. On Axis Max Life Insurance. Because I refused to do their personal work and work on the week off. Because I'm not the licking Employee. Now the female manager starts harassing me. The branch didn't even have the security CCTV Cameras so I don't have a Recording. But I have witnesses. She is too toxic And I feel mentally drained and harassing. What should I do because she is female I can't take unnecessary action. Please share the thoughts and advice and need help asap.

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Axis Max Life Insurance Analyst Salary FAQs

What is the salary of Analyst at Max Life Insurance?

Analyst salary at Max Life Insurance in India ranges between ₹2.7 Lakhs to ₹12.5 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 12% more than the average Analyst Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Analyst at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Analyst at Max Life Insurance is 12% more than the average salary of a Analyst in India. To know exact salary insights, login to view.

What are the top skills required to work as a Analyst at Max Life Insurance?

Deep Learning, Machine Learning, Artificial Intelligence, Data Science and Python are some of the popular skills required to work as a Analyst at Max Life Insurance India.

Which similar companies are paying more than Max Life Insurance to a Analyst in India?

Aditya Birla Sun Life Insurance Analyst Salary - ₹7.0 Lakhs to ₹28.0 Lakhs per year
ICICI Lombard General Insurance Company Analyst Salary - ₹4.0 Lakhs to ₹14.4 Lakhs per year
HDFC Ergo General Insurance Analyst Salary - ₹5.1 Lakhs to ₹12.0 Lakhs per year
ICICI Prudential Life Insurance Analyst Salary - ₹7.0 Lakhs to ₹8.3 Lakhs per year
Kotak Mahindara Life Insurance Analyst Salary - ₹2.6 Lakhs to ₹15.8 Lakhs per year

What is the salary of a Analyst in companies similar to Max Life Insurance in India?

SBI General Insurance Analyst Salary - ₹1.9 Lakhs to ₹9.9 Lakhs per year
SBI Life Insurance Company Analyst Salary - ₹4.2 Lakhs to ₹8.0 Lakhs per year
Bajaj Allianz General Insurance Analyst Salary - ₹5.2 Lakhs to ₹6.8 Lakhs per year
AIG Analyst Salary - ₹5.0 Lakhs to ₹6.0 Lakhs per year
Star Union Dai-ichi Life Insurance Analyst Salary - ₹4.4 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Analyst at Max Life Insurance in India?

The estimated take-home salary of a Analyst at Max Life Insurance ranges between ₹54,527 per month to ₹55,889 per month in India. The take-home salary calculation is based on the average Max Life Insurance Analyst salary in India which ranges between ₹2.7 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Analyst at Max Life Insurance?

According to AmbitionBox, 50% of the Max Life Insurance Analysts reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Max Life Insurance Analyst Salaries

Axis Max Life Insurance Analyst salary in India ranges between ₹2.7 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.