Axis Max Life Insurance Mumbai HR Generalist Salaries by 7 Employees (Updated 2025)

1 - 5 years exp.

₹2.7 Lakhs - ₹3.6 Lakhs

Salary of majority employees

38% less than the average HR Generalist Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

Human Resources HR Generalist Salary 1 - 5 years exp. (6 salaries)	₹2.7 L/yr - ₹3.6 L/yr
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Administration & Facilities HR Generalist Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.1 L/yr

Last Updated: 16 Mar 2025

Companies similar to Axis Max Life Insurance for HR Generalist in Mumbai

Axis Max Life Insurance HR Generalist Salary

1 - 5 years exp. (7 salaries)

₹2.7 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services HR Generalist Salary 1 - 6 years exp. (17 salaries)	₹2.5 L/yr - ₹5.1 L/yr 11% more
Citicorp HR Generalist Salary 2 - 11 years exp. (12 salaries)	₹12.3 L/yr - ₹48.1 L/yr 750% more
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Amazon HR Generalist Salary 2 - 10 years exp. (11 salaries)	₹4.5 L/yr - ₹8 L/yr 102% more	1 job opening
Kplus Infotech HR Generalist Salary 1 - 6 years exp. (8 salaries)	₹4 L/yr - ₹4.9 L/yr 31% more
Accenture HR Generalist Salary 3 - 6 years exp. (8 salaries)	₹2.7 L/yr - ₹6.5 L/yr 11% more

HR Generalist salary at Axis Max Life Insurance ranges between ₹2.7 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance HR Generalist salaries in Mumbai

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹5.7 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr
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3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.3 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr

Similar Designation salaries in Axis Max Life Insurance

Manager Learning & Development Salary

(6 salaries)

₹4.5 L/yr - ₹8.05 L/yr

HR Executive Salary

(6 salaries)

₹2 L/yr - ₹4.11 L/yr

HR Manager Salary

(4 salaries)

₹10.26 L/yr - ₹17 L/yr

HR Business Partner Salary

(3 salaries)

₹2.1 L/yr - ₹10.4 L/yr

HR Retainer Salary

(3 salaries)

₹1.8 L/yr - ₹2.7 L/yr

Salary related reviews for Axis Max Life Insurance

4.0

Rated by 1 employees for salary & benefits

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

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

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Axis Max Life Insurance HR Generalist Salary FAQs

What is the salary of HR Generalist at Axis Max Life Insurance in Mumbai?

The average salary of a HR Generalist at Axis Max Life Insurance in Mumbai typically ranges from ₹2.7 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of HR Generalist in Mumbai at Axis Max Life Insurance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. HR Generalist Salaries at Axis 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 Axis Max Life Insurance employees in India.

What is the estimated take home salary of a HR Generalist at Axis Max Life Insurance in Mumbai?

The estimated take-home salary of a HR Generalist at Axis Max Life Insurance in Mumbai typically ranges from ₹23,083 to ₹24,550 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 5 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 Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Max Life Insurance for HR Generalist in India?

Citicorp	₹12.3 Lakhs to ₹48.1 Lakhs per year
Amazon	₹4.5 Lakhs to ₹8.0 Lakhs per year
Kplus Infotech	₹4.0 Lakhs to ₹4.9 Lakhs per year
Accenture	₹2.7 Lakhs to ₹6.5 Lakhs per year
Motilal Oswal Financial Services	₹2.5 Lakhs to ₹5.1 Lakhs per year

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

How the salary growth look like for a HR Generalist at Axis Max Life Insurance in Mumbai?

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

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹5.7 Lakhs per year
2 years	₹3.0 Lakhs to ₹5.7 Lakhs per year
3 years	₹1.3 Lakhs to ₹3.6 Lakhs per year
4 years	₹3.1 Lakhs to ₹3.3 Lakhs per year

and so on.

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Axis Max Life Insurance HR Generalist Salaries in Mumbai

Axis Max Life Insurance HR Generalist salary in Mumbai ranges between ₹2.7 Lakhs to ₹3.6 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.