Max Life Insurance Assistant Manager Underwriting Salaries by 5 Employees (Updated 2025)

0 - 8 years exp.

₹3 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Assistant Manager Underwriting Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Underwriting Salary 0 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations Assistant Manager Underwriting Salary 8 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 12 Mar 2023

Companies similar to Axis Max Life Insurance for Assistant Manager Underwriting

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Assistant Manager Underwriting Salary 2 - 6 years exp. (6 salaries)	₹4.8 L/yr - ₹6.2 L/yr 32% more
SBI Life Insurance Company Assistant Manager Underwriting Salary 9 - 15 years exp. (7 salaries)	₹5.1 L/yr - ₹7.8 L/yr 72% more
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Bajaj Allianz Life Insurance Assistant Manager Underwriting Salary 5 - 6 years exp. (4 salaries)	₹6.5 L/yr - ₹6.9 L/yr 63% more
Tata AIA Life Insurance Assistant Manager Underwriting Salary 7 - 18 years exp. (6 salaries)	₹6.4 L/yr - ₹11.5 L/yr 127% more	2 job openings
PNB MetLife Assistant Manager Underwriting Salary 2 - 6 years exp. (7 salaries)	₹5.1 L/yr - ₹7.2 L/yr 42% more
Bajaj Allianz General Insurance Assistant Manager Underwriting Salary 4 - 15 years exp. (7 salaries)	₹6.5 L/yr - ₹9 L/yr 80% more
SBI General Insurance Assistant Manager Underwriting Salary 2 - 14 years exp. (4 salaries)	₹5.3 L/yr - ₹9 L/yr 70% more
Star Health & Allied Insurance Assistant Manager Underwriting Salary 8 - 11 years exp. (4 salaries)	₹4.8 L/yr - ₹5.6 L/yr 24% more
HDFC Ergo General Insurance Assistant Manager Underwriting Salary 0 - 3 years exp. (3 salaries)	₹5.7 L/yr - ₹8.2 L/yr 79% more

Assistant Manager Underwriting salary at Axis Max Life Insurance ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Assistant Manager Underwriting salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹5.8 L/yr
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.3 L/yr
7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹5 L/yr

View all

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Top skills at Axis Max Life Insurance for Assistant Manager Underwriting

Finance Analytical skills Excel Powerpoint Team Leading Medical underwriting Nursing MS Office Underwriting

Salary related reviews for Axis Max Life Insurance

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

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Salary is good

Salary - Good

+1 more

Dislikes

Lack of training, harrasment candidate for work , lack of field help , managers are not supportive they just bark but don't motivate agency manager at every hour . Mentally torture the candidate for work and pressurized day night equally, call anytime without thinking it's an off or weak day holiday. Never think about personal life also the manager are shameless because they trespass their manager homes without intimation and do misbehave with everyone in office. The management is not good so do not join max life

Skill development - Bad

+4 more

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 16 Sep 2023

5.0

for Salary and Benefits

Likes

Pay and perk is good. Promotion opportunities are really good.

Salary - Excellent

+2 more

Dislikes

No support from Seniors. No discipline, only they need result even if you are new. They will start poking you and also not ready to support you.

Agency Development Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 30 Nov 2022

1.0

for Salary and Benefits

Likes

Good Local management, training program also good.

Dislikes

Fake commitment from hr department before joining about in hand salary, After joining totally different in hand salary coming. When I talk zonal hr she is not giving a proper solution. Also they are sending employees for field work but they are not paying petrol expenses to employees. Means you have not earn anything in your take home salary hike. Hr department is to much confused and roude. Saturday Sunday working. Also daily 9.30 to 8.00 timing average. Means no work life balance. Also you can develop advisor from your own contact and relations. Company don't have any data.

Salary - Bad

+4 more

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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 Assistant Manager Underwriting Salary FAQs

What is the salary of Assistant Manager Underwriting at Max Life Insurance?

Assistant Manager Underwriting salary at Max Life Insurance in India ranges between ₹3.0 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 36% less than the average Assistant Manager Underwriting Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Assistant Manager Underwriting at Max Life Insurance is 36% less than the average salary of a Assistant Manager Underwriting in India. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager Underwriting at Max Life Insurance?

Finance, Analytical skills, Excel, Powerpoint and Team Leading are some of the popular skills required to work as a Assistant Manager Underwriting at Max Life Insurance India.

Which similar companies are paying more than Max Life Insurance to a Assistant Manager Underwriting in India?

Tata AIA Life Insurance Assistant Manager Underwriting Salary - ₹6.4 Lakhs to ₹11.5 Lakhs per year
Bajaj Allianz General Insurance Assistant Manager Underwriting Salary - ₹6.5 Lakhs to ₹9.0 Lakhs per year
HDFC Ergo General Insurance Assistant Manager Underwriting Salary - ₹5.7 Lakhs to ₹8.2 Lakhs per year
SBI Life Insurance Company Assistant Manager Underwriting Salary - ₹5.1 Lakhs to ₹7.8 Lakhs per year
SBI General Insurance Assistant Manager Underwriting Salary - ₹5.3 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Assistant Manager Underwriting in companies similar to Max Life Insurance in India?

Bajaj Allianz Life Insurance Assistant Manager Underwriting Salary - ₹6.5 Lakhs to ₹6.9 Lakhs per year
PNB MetLife Assistant Manager Underwriting Salary - ₹5.1 Lakhs to ₹7.2 Lakhs per year
ICICI Prudential Life Insurance Assistant Manager Underwriting Salary - ₹4.8 Lakhs to ₹6.2 Lakhs per year
Star Health & Allied Insurance Assistant Manager Underwriting Salary - ₹4.8 Lakhs to ₹5.6 Lakhs per year

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

The estimated take-home salary of a Assistant Manager Underwriting at Max Life Insurance ranges between ₹30,607 per month to ₹31,912 per month in India. The take-home salary calculation is based on the average Max Life Insurance Assistant Manager Underwriting salary in India which ranges between ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

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Max Life Insurance Assistant Manager Underwriting Salaries

Axis Max Life Insurance Assistant Manager Underwriting salary in India ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Assistant Manager Underwriting salaries in India

Companies similar to Axis Max Life Insurance for Assistant Manager Underwriting

Latest annual salaries shared by Axis Max Life Insurance Assistant Manager Underwriting

Experience wise Max Life Insurance Assistant Manager Underwriting salaries

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Assistant Manager Underwriting

Salary related reviews for Axis Max Life Insurance

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Axis Max Life Insurance Assistant Manager Underwriting Salary FAQs

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