Axis Max Life Insurance Operations Associate Salaries by 6 Employees (Updated 2025)

2 - 3 years exp.

₹2.3 Lakhs - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

10% less than the average Operations Associate Salary in Insurance Companies for 2 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
BFSI, Investments & Trading Operations Associate Salary 3 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr
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Human Resources Operations Associate Salary 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.7 L/yr
Administration & Facilities Operations Associate Salary 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 8 Mar 2025

Companies similar to Axis Max Life Insurance for Operations Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Operations Associate Salary 1 - 5 years exp. (36 salaries)	₹2.1 L/yr - ₹4 L/yr 1% less
HDFC Life Operations Associate Salary 1 - 6 years exp. (14 salaries)	₹1.8 L/yr - ₹4.5 L/yr 2% less
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SBI Life Insurance Company Operations Associate Salary 0 - 6 years exp. (106 salaries)	₹1.5 L/yr - ₹4.5 L/yr 13% less
Bajaj Allianz Life Insurance Operations Associate Salary 2 - 16 years exp. (4 salaries)	₹3.5 L/yr - ₹23 L/yr 197% more
Kotak Mahindara Life Insurance Operations Associate Salary 1 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹3.8 L/yr 16% less
Reliance Nippon Life Insurance Operations Associate Salary 1 - 3 years exp. (3 salaries)	₹1.3 L/yr - ₹2.8 L/yr 29% less
Aditya Birla Sun Life Insurance Operations Associate Salary 0 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 9% less
PNB MetLife Operations Associate Salary 0 - 19 years exp. (4 salaries)	₹2 L/yr - ₹19 L/yr 112% more
Bajaj Allianz General Insurance Operations Associate Salary 0 - 3 years exp. (6 salaries)	₹1.7 L/yr - ₹3.1 L/yr 25% less
MetLife Operations Associate Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹6 L/yr 22% more
SBI General Insurance Operations Associate Salary 0 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 4% more
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ICICI Lombard General Insurance Company Operations Associate Salary 1 - 4 years exp. (4 salaries)	₹1.2 L/yr - ₹3.5 L/yr 23% less
Royal Sundaram General Insurance Operations Associate Salary 1 - 10 years exp. (4 salaries)	₹3 L/yr - ₹5.1 L/yr 22% more
Cholamandalam MS General Insurance Operations Associate Salary 1 - 4 years exp. (4 salaries)	₹1 L/yr - ₹8.8 L/yr 22% more
HDFC Ergo General Insurance Operations Associate Salary 0 - 11 years exp. (4 salaries)	₹3.6 L/yr - ₹5 L/yr 31% more
Allianz Operations Associate Salary 0 - 1 year exp. (3 salaries)	₹1.6 L/yr - ₹3 L/yr 22% less

Operations Associate salary at Axis Max Life Insurance ranges between ₹2.3 Lakhs to ₹4.1 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Operations Associate salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
2 years (3 salaries)	₹3 L/yr - ₹4.1 L/yr
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3 years (3 salaries)	₹2.3 L/yr - ₹3 L/yr

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Salary related reviews for Axis Max Life Insurance

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

Senior Officer in Amritsar

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Jul 2023

5.0

for Salary and Benefits

Likes

Max is best company in insurance sector Max always appreciate his employee & also pays a good salary, incentive, sizzler to his employee I will again join the max

Salary - Excellent

+4 more

Dislikes

My few colleagues always trying to misguide each other and some have jealousy for someone's being best

Customer Service Executive in Bikaner

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 24 Sep 2019

5.0

for Salary and Benefits

Likes

Excellent all things

Salary - Excellent

+6 more

Dislikes

Compensation is decent and fast growing, no any work pressure. I have to work 15 to 18 hours straight in a day I have attended claint calls and manage all operation and admin work.

Operations Executive in Howrah

Operations Department

5.0

• posted on 02 Jun 2021

4.0

for Salary and Benefits

Likes

Very good company for both personal and professional growth.Employee centric.Friendly environment.Colleagues and seniors are very much co-operative which is very helpful for a new joinee.I shared a great relation with them.A very much customer oriented company when it comes to service.

Salary - Good

+6 more

Dislikes

Salary structure needs to improve for an off-role employee else everything is fine.

Operations Executive in Ranchi

BFSI, Investments & Trading Department

5.0

• posted on 28 May 2019

5.0

for Salary and Benefits

Likes

Working with the max life insurance is such a great experience . My team leaders are very supportive , salary package is not to too but its okay, i have learned too many things there but work life balance is not too good

Salary - Excellent

+6 more

Dislikes

The thing that i dislike in working in max life insurance that is we all employee work every sunday but not even a single employee get compensation for the working on sunday.

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Axis Max Life Insurance Operations Associate Salary FAQs

What is the salary of Operations Associate at Axis Max Life Insurance ?

The average salary of a Operations Associate at Axis Max Life Insurance in India typically ranges from ₹2.3 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of Operations Associate at Axis Max Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Operations Associate 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 6 Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Operations Associate at Axis Max Life Insurance in India typically ranges from ₹23,391 to ₹24,854 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 2 years to 3 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 6 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 Operations Associate in India?

Bajaj Allianz Life Insurance	₹3.5 Lakhs to ₹23.0 Lakhs per year
PNB MetLife	₹2.0 Lakhs to ₹19.0 Lakhs per year
HDFC Ergo General Insurance	₹3.6 Lakhs to ₹5.0 Lakhs per year
MetLife	₹1.8 Lakhs to ₹6.0 Lakhs per year
Royal Sundaram General Insurance	₹3.0 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.

What is the salary of a Operations Associate in companies similar to Axis Max Life Insurance in India?

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

Cholamandalam MS General Insurance	₹1.0 Lakhs to ₹8.8 Lakhs per year
SBI General Insurance	₹3.0 Lakhs to ₹4.0 Lakhs per year
ICICI Prudential Life Insurance	₹2.1 Lakhs to ₹4.0 Lakhs per year
HDFC Life	₹1.8 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹1.8 Lakhs to ₹3.5 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 Operations Associate at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹4.1 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year

and so on.

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Axis Max Life Insurance Operations Associate Salaries

Axis Max Life Insurance Operations Associate salary in India ranges between ₹2.3 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.