Max Life Insurance Compliance Manager Salaries by 7 Employees

8 - 11 years exp.

₹8.2 Lakhs - ₹12.5 Lakhs

Low Confidence

Salary of majority employees

26% less than the average Compliance Manager Salary in Insurance Companies for 8 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Compliance Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.2 L/yr
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Finance & Accounting Compliance Manager Salary 8 - 11 years exp. (AmbitionBox Estimate)	₹10.2 L/yr - ₹12.5 L/yr

Last Updated: 3 Jun 2023

Companies similar to Axis Max Life Insurance for Compliance Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Compliance Manager Salary 4 - 10 years exp. (3 salaries)	₹8 L/yr - ₹11 L/yr 3% less
HDFC Life Compliance Manager Salary 7 - 8 years exp. (4 salaries)	₹8 L/yr - ₹16.5 L/yr 6% more
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Reliance Nippon Life Insurance Compliance Manager Salary 6 - 7 years exp. (3 salaries)	₹14.8 L/yr - ₹15 L/yr 48% more
Tata AIA Life Insurance Compliance Manager Salary 7 - 20 years exp. (9 salaries)	₹12 L/yr - ₹18.2 L/yr 50% more
Aviva Life Insurance India Compliance Manager Salary 4 - 17 years exp. (5 salaries)	₹7.5 L/yr - ₹9 L/yr 15% less
SBI General Insurance Compliance Manager Salary 3 - 11 years exp. (5 salaries)	₹4.8 L/yr - ₹7.7 L/yr 35% less
Cholamandalam MS General Insurance Compliance Manager Salary 15 - 17 years exp. (3 salaries)	₹10.2 L/yr - ₹13 L/yr 13% more

Compliance Manager salary at Axis Max Life Insurance ranges between ₹8.2 Lakhs to ₹12.5 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 7 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Compliance Manager salaries

Last Updated: 3 Jun 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹12.5 L/yr
9 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10 L/yr
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10 years (AmbitionBox Estimate)	₹9 L/yr - ₹10.2 L/yr
11 years (AmbitionBox Estimate)	₹4 L/yr - ₹10.2 L/yr

Similar Designation salaries in Axis Max Life Insurance

Compliance Officer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Chief Manager Salary

(135 salaries)

₹11.88 L/yr - ₹40 L/yr

Compliance Executive Salary

(7 salaries)

₹3 L/yr - ₹4 L/yr

Deputy Manager Salary

(795 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Company Secretary Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Deputy General Manager Salary

(3 salaries)

₹2.6 L/yr - ₹4.85 L/yr

Proprietor Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Accountant Salary

(5 salaries)

₹2.34 L/yr - ₹5 L/yr

Senior Associate Salary

(21 salaries)

₹2.05 L/yr - ₹5 L/yr

Top skills at Axis Max Life Insurance for Compliance Manager

Compliance Corporate Law Investigation Compliance Legal Risk Management Compliance Management SEBI Auditing Communication Protocols Law Third Party Branch Offices Legal

Salary related reviews for Axis Max Life Insurance

4.1

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

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Axis Max Life Insurance Compliance Manager Salary FAQs

What is the salary of Compliance Manager at Max Life Insurance ?

The average salary of a Compliance Manager at Max Life Insurance in India typically ranges from ₹8.2 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 8 years to 11 years).

The top 10% of Compliance Manager at Max Life Insurance earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Compliance Manager Salaries at Max Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Max Life Insurance employees in India.

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

The estimated take-home salary of a Compliance Manager at Max Life Insurance in India typically ranges from ₹72,127 to ₹73,987 per month. This is based on the average salary range of ₹8.2 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 8 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Compliance Manager at Max Life Insurance ?

To be a Compliance Manager at Max Life Insurance in india, the key skills required include:

- Compliance
- Corporate Law
- Investigation
- Compliance
- Legal

These skills are highly valued at Max Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Max Life Insurance for Compliance Manager in India?

Tata AIA Life Insurance	₹12.0 Lakhs to ₹18.2 Lakhs per year
Reliance Nippon Life Insurance	₹14.8 Lakhs to ₹15.0 Lakhs per year
Cholamandalam MS General Insurance	₹10.2 Lakhs to ₹13.0 Lakhs per year
HDFC Life	₹8.0 Lakhs to ₹16.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Max Life Insurance, depending on the role and experience level.

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

The salary of a Compliance Manager at companies similar to Max Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance	₹8.0 Lakhs to ₹11.0 Lakhs per year
Aviva Life Insurance India	₹7.5 Lakhs to ₹9.0 Lakhs per year
SBI General Insurance	₹4.8 Lakhs to ₹7.7 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Compliance Manager at Max Life Insurance in India?

The salary growth for a Compliance Manager at Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Compliance Manager can expect the following growth trajectory at Max Life Insurance:

Experience	Average Salary Range
8 years	₹3.9 Lakhs to ₹12.5 Lakhs per year
9 years	₹8.2 Lakhs to ₹10.0 Lakhs per year
10 years	₹9.0 Lakhs to ₹10.2 Lakhs per year
11 years	₹4.0 Lakhs to ₹10.2 Lakhs per year

and so on.

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Max Life Insurance Compliance Manager Salaries

Axis Max Life Insurance Compliance Manager salary in India ranges between ₹8.2 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.