Max Life Insurance Senior Associate Salaries by 20+ Employees (Updated 2025)

2 - 5 years exp.

₹2.1 Lakhs - ₹5 Lakhs

Salary of majority employees

61% less than the average Senior Associate Salary in Insurance Companies for 2 - 5 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Customer Success, Service & Operations Senior Associate Salary 2 - 5 years exp. (12 salaries)	₹2.5 L/yr - ₹4.1 L/yr
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BFSI, Investments & Trading Senior Associate Salary 3 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.6 L/yr

Last Updated: 3 Feb 2025

Companies similar to Axis Max Life Insurance for Senior Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Associate Salary 1 - 9 years exp. (286 salaries)	₹2.5 L/yr - ₹5.3 L/yr 17% more
HDFC Life Senior Associate Salary 0 - 9 years exp. (758 salaries)	₹1.1 L/yr - ₹4.7 L/yr 7% less	2 job openings
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SBI Life Insurance Company Senior Associate Salary 0 - 11 years exp. (544 salaries)	₹2 L/yr - ₹6.8 L/yr 15% more
Bajaj Allianz Life Insurance Senior Associate Salary 0 - 6 years exp. (9 salaries)	₹3 L/yr - ₹5.5 L/yr 9% more
Kotak Mahindara Life Insurance Senior Associate Salary 2 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹3.5 L/yr 5% less
Reliance Nippon Life Insurance Senior Associate Salary 2 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹2.8 L/yr 34% less
Tata AIA Life Insurance Senior Associate Salary 5 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹7 L/yr 41% more
Aditya Birla Sun Life Insurance Senior Associate Salary 1 - 5 years exp. (7 salaries)	₹2 L/yr - ₹6 L/yr 15% more
PNB MetLife Senior Associate Salary 2 - 10 years exp. (6 salaries)	₹1.9 L/yr - ₹4.5 L/yr 9% less
Life Insurance Corporation of India Senior Associate Salary 6 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹6 L/yr 2% less
MetLife Senior Associate Salary 1 - 7 years exp. (545 salaries)	₹1.7 L/yr - ₹8 L/yr 21% more
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HDFC Ergo General Insurance Senior Associate Salary 2 - 9 years exp. (84 salaries)	₹2.8 L/yr - ₹6 L/yr 8% more
Star Union Dai-ichi Life Insurance Senior Associate Salary 1 - 10 years exp. (77 salaries)	₹2.9 L/yr - ₹6.1 L/yr 18% more
Gallagher Senior Associate Salary 3 - 8 years exp. (49 salaries)	₹2.7 L/yr - ₹8 L/yr 46% more
ICICI Lombard General Insurance Company Senior Associate Salary 2 - 12 years exp. (16 salaries)	₹2.3 L/yr - ₹6.5 L/yr 17% more
Royal Sundaram General Insurance Senior Associate Salary 3 - 8 years exp. (16 salaries)	₹2 L/yr - ₹4 L/yr 11% less
Allianz Senior Associate Salary 1 - 5 years exp. (15 salaries)	₹3 L/yr - ₹5.5 L/yr 5% more
Shriram Life Insurance Senior Associate Salary 1 - 7 years exp. (14 salaries)	₹2.4 L/yr - ₹3.2 L/yr 24% less
Aviva Life Insurance India Senior Associate Salary 1 - 10 years exp. (7 salaries)	₹2 L/yr - ₹5 L/yr 9% less
Star Health & Allied Insurance Senior Associate Salary 1 - 6 years exp. (7 salaries)	₹1.1 L/yr - ₹4.3 L/yr 26% less

View all

Senior Associate salary at Axis Max Life Insurance ranges between ₹2.1 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 21 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Senior Associate salaries

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹6.2 L/yr
3 years (9 salaries)	₹2 L/yr - ₹3.6 L/yr
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4 years (7 salaries)	₹2.5 L/yr - ₹6.7 L/yr
5 years (3 salaries)	₹3.4 L/yr - ₹5 L/yr

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Lead Engineer Salary

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Team Lead Salary

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Top skills at Axis Max Life Insurance for Senior Associate

MIS Root Cause Analysis Data Analysis Query Resolution Customer Satisfaction Service Level Compliance Service Level Management Visual Basic customer care Operations Sales Process Financial Services Dama Customer satisfaction

Salary related reviews for Axis Max Life Insurance

2.9

Rated by 10 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

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 Senior Associate Salary FAQs

What is the salary of Senior Associate at Max Life Insurance?

Senior Associate salary at Max Life Insurance in India ranges between ₹2.1 Lakhs to ₹5.0 Lakhs for experience between 2 years to 5 years. According to our estimates it is 61% less than the average Senior Associate Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Senior Associate at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Senior Associate at Max Life Insurance is 61% less than the average salary of a Senior Associate in India. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Associate at Max Life Insurance?

MIS, Root Cause Analysis, Data Analysis, Query Resolution and Customer Satisfaction are some of the popular skills required to work as a Senior Associate at Max Life Insurance India.

Which similar companies are paying more than Max Life Insurance to a Senior Associate in India?

The New India Assurance Co. Senior Associate Salary - ₹5.2 Lakhs to ₹12.0 Lakhs per year
Gallagher Senior Associate Salary - ₹2.7 Lakhs to ₹8.0 Lakhs per year
Tata AIA Life Insurance Senior Associate Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
SBI General Insurance Senior Associate Salary - ₹2.7 Lakhs to ₹7.5 Lakhs per year
United India Insurance Company Senior Associate Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year

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

AXA Senior Associate Salary - ₹2.8 Lakhs to ₹7.7 Lakhs per year
MetLife Senior Associate Salary - ₹1.7 Lakhs to ₹8.0 Lakhs per year
Bajaj Allianz General Insurance Senior Associate Salary - ₹2.4 Lakhs to ₹6.2 Lakhs per year
Star Union Dai-ichi Life Insurance Senior Associate Salary - ₹2.9 Lakhs to ₹6.1 Lakhs per year
ICICI Prudential Life Insurance Senior Associate Salary - ₹2.5 Lakhs to ₹5.3 Lakhs per year

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

The estimated take-home salary of a Senior Associate at Max Life Insurance ranges between ₹26,674 per month to ₹28,087 per month in India. The take-home salary calculation is based on the average Max Life Insurance Senior Associate salary in India which ranges between ₹2.1 Lakhs to ₹5.0 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Senior Associate at Max Life Insurance?

According to AmbitionBox, 60% of the Max Life Insurance Senior Associates reported a notice period of 2 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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Max Life Insurance Senior Associate Salaries

Axis Max Life Insurance Senior Associate salary in India ranges between ₹2.1 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.