Axis Max Life Insurance Mumbai Insurance Adviser Salaries by 8 Employees

1 - 6 years exp.

₹1 Lakh - ₹3.6 Lakhs

Salary of majority employees

25% less than the average Insurance Adviser Salary in Insurance Companies for 1 - 6 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Customer Success, Service & Operations Insurance Adviser Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹1 L/yr - ₹2.3 L/yr
Sales & Business Development Insurance Adviser Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.5 L/yr
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BFSI, Investments & Trading Insurance Adviser Salary 6 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.6 L/yr
Finance & Accounting Insurance Adviser Salary 6 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2 L/yr

Last Updated: 8 Sep 2023

Companies similar to Axis Max Life Insurance for Insurance Adviser in Mumbai

Axis Max Life Insurance Insurance Adviser Salary

1 - 6 years exp. (8 salaries)

₹1 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Insurance Adviser Salary 1 - 20 years exp. (50 salaries)	₹0.9 L/yr - ₹8 L/yr 50% more	2 job openings
ICICI Lombard General Insurance Company Insurance Adviser Salary 0 - 6 years exp. (7 salaries)	₹2 L/yr - ₹3.1 L/yr 14% more
Login to view exact salary
HDFC Life Insurance Adviser Salary 1 - 7 years exp. (6 salaries)	₹2 L/yr - ₹3.8 L/yr 33% more
ICICI Prudential Life Insurance Insurance Adviser Salary 1 - 12 years exp. (5 salaries)	₹1.1 L/yr - ₹5 L/yr 43% more
Aditya Birla Sun Life Insurance Insurance Adviser Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹5.5 L/yr 61% more
HDFC Ergo General Insurance Insurance Adviser Salary 1 - 11 years exp. (5 salaries)	₹2.4 L/yr - ₹4 L/yr 54% more
The New India Assurance Co. Insurance Adviser Salary 3 - 10 years exp. (4 salaries)	₹2.5 L/yr - ₹4 L/yr 46% more
Bajaj Allianz Life Insurance Insurance Adviser Salary 3 - 7 years exp. (4 salaries)	₹3.2 L/yr - ₹5 L/yr 63% more
United India Insurance Company Insurance Adviser Salary 5 - 10 years exp. (4 salaries)	₹2.6 L/yr - ₹3.3 L/yr 21% more
Star Health & Allied Insurance Insurance Adviser Salary 0 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹3 L/yr 29% more

Insurance Adviser salary at Axis Max Life Insurance ranges between ₹1 Lakh to ₹3.6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 8 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Insurance Adviser salaries in Mumbai

Last Updated: 8 Sep 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr
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3 years (AmbitionBox Estimate)	₹1 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.6 L/yr

View all

Top skills at Axis Max Life Insurance for Insurance Adviser

Insurance Finance Life Insurance Chartered Accountant Sales Insurance Advisory

Salary related reviews for Axis Max Life Insurance

3.0

Rated by 1 employees for salary & benefits

Insurance Adviser in New Delhi

Other Department

3.0

• posted on 03 Oct 2018

4.0

for Salary and Benefits

Likes

My teammates are nice,helpful.gives training about saving plans.safe environment for girls.working hours is appraochable for ladies & all Moms

Salary - Good

+3 more

Dislikes

If advisor have not insurance case for sale ,so salary is zero it is a big problem otherwise all good

Job security - Poor

+1 more

Agency Development Manager in Kollam

Full Time

Sales & Business Development Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Second Saturday and Sunday, third Saturday and Sundays are off. No other perks.

Dislikes

... from you. More than 5 persons already left the office with their toxic culture. Don't trust their words during interview they will give a package which is lesser than your current ctc and will give excuses as you will earn promotions in a fast track mode. nothing doing you will not meet their unrealistic targets. Hope my review will help future comers. thank you.

Salary - Poor

+6 more

Assistant Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Feb 2025

2.0

for Salary and Benefits

Likes

The thing is like about max life insurance is salary credit is on time and 2nd and 3rd Saturday is also weekoff.

Dislikes

...they expect high level quality work from employees. Worst management and system. Field work also involved in the low salary. 2 field visit per day.

Salary - Poor

+5 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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Axis Max Life Insurance Insurance Adviser Salary FAQs

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

The average salary of a Insurance Adviser at Axis Max Life Insurance in Mumbai typically ranges from ₹1.0 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Insurance Adviser in Mumbai at Axis Max Life Insurance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Insurance Adviser 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 8 Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Insurance Adviser at Axis Max Life Insurance in Mumbai typically ranges from ₹16,165 to ₹17,833 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 6 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 8 salaries received from various employees of Axis 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 Insurance Adviser at Axis Max Life Insurance in Mumbai?

To be a Insurance Adviser at Axis Max Life Insurance in Mumbai, the key skills required include:

- Insurance
- Finance
- Life Insurance
- Chartered Accountant
- Sales

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

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

Bajaj Allianz Life Insurance	₹3.2 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.0 Lakhs to ₹5.5 Lakhs per year
HDFC Ergo General Insurance	₹2.4 Lakhs to ₹4.0 Lakhs per year
Life Insurance Corporation of India	₹0.9 Lakhs to ₹8.0 Lakhs per year
The New India Assurance Co.	₹2.5 Lakhs to ₹4.0 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.

What is the salary of a Insurance Adviser in companies similar to Axis Max Life Insurance in Mumbai?

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

ICICI Prudential Life Insurance	₹1.1 Lakhs to ₹5.0 Lakhs per year
HDFC Life	₹2.0 Lakhs to ₹3.8 Lakhs per year
Star Health & Allied Insurance	₹2.5 Lakhs to ₹3.0 Lakhs per year
United India Insurance Company	₹2.6 Lakhs to ₹3.3 Lakhs per year
ICICI Lombard General Insurance Company	₹2.0 Lakhs to ₹3.1 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 Insurance Adviser at Axis Max Life Insurance in Mumbai?

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

Experience	Average Salary Range
1 year	₹1.0 Lakhs to ₹3.9 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.4 Lakhs per year
3 years	₹1.0 Lakhs to ₹4.2 Lakhs per year
4 years	₹2.2 Lakhs to ₹2.8 Lakhs per year

and so on.

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Axis Max Life Insurance Insurance Adviser Salaries in Mumbai

Axis Max Life Insurance Insurance Adviser salary in Mumbai ranges between ₹1 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.