Max Life Insurance Senior Business Analyst Salaries by 6 Employees (Updated 2025)

5 - 15 years exp.

₹9 Lakhs - ₹12.3 Lakhs

Low Confidence

Salary of majority employees

35% less than the average Senior Business Analyst Salary in Insurance Companies for 5 - 15 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Axis Max Life Insurance for Senior Business Analyst

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Business Analyst Salary 3 - 6 years exp. (5 salaries)	₹8.5 L/yr - ₹14.5 L/yr 17% more
HDFC Life Senior Business Analyst Salary 1 - 12 years exp. (16 salaries)	₹8.5 L/yr - ₹19 L/yr 28% more
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SBI Life Insurance Company Senior Business Analyst Salary 5 - 14 years exp. (4 salaries)	₹1.1 L/yr - ₹10 L/yr 39% less
Bajaj Allianz Life Insurance Senior Business Analyst Salary 3 - 12 years exp. (14 salaries)	₹7 L/yr - ₹19.1 L/yr 53% more
Kotak Mahindara Life Insurance Senior Business Analyst Salary 8 - 11 years exp. (4 salaries)	₹5 L/yr - ₹11.5 L/yr 18% less
Tata AIA Life Insurance Senior Business Analyst Salary 4 - 13 years exp. (4 salaries)	₹4 L/yr - ₹18 L/yr 4% more
Aditya Birla Sun Life Insurance Senior Business Analyst Salary 1 - 12 years exp. (4 salaries)	₹6.3 L/yr - ₹14 L/yr 5% less
PNB MetLife Senior Business Analyst Salary 5 - 14 years exp. (7 salaries)	₹3.8 L/yr - ₹8 L/yr 44% less
MetLife Senior Business Analyst Salary 2 - 9 years exp. (80 salaries)	₹3.6 L/yr - ₹13 L/yr 25% less
Allianz Senior Business Analyst Salary 3 - 10 years exp. (23 salaries)	₹7.8 L/yr - ₹24.1 L/yr 65% more
Bajaj Allianz General Insurance Senior Business Analyst Salary 6 - 19 years exp. (9 salaries)	₹9 L/yr - ₹40 L/yr 136% more
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Shriram Life Insurance Senior Business Analyst Salary 4 - 8 years exp. (8 salaries)	₹4.1 L/yr - ₹11 L/yr 13% less
ICICI Lombard General Insurance Company Senior Business Analyst Salary 3 - 9 years exp. (8 salaries)	₹6.3 L/yr - ₹16 L/yr 16% more
Gallagher Senior Business Analyst Salary 5 - 9 years exp. (7 salaries)	₹4 L/yr - ₹7.5 L/yr 25% less
Star Health & Allied Insurance Senior Business Analyst Salary 4 - 16 years exp. (5 salaries)	₹8.5 L/yr - ₹18 L/yr 44% more
Aviva Life Insurance India Senior Business Analyst Salary 8 - 17 years exp. (4 salaries)	₹12 L/yr - ₹30 L/yr 87% more
Cholamandalam MS General Insurance Senior Business Analyst Salary 14 - 22 years exp. (4 salaries)	₹20 L/yr - ₹25 L/yr 128% more
HDFC Ergo General Insurance Senior Business Analyst Salary 5 - 12 years exp. (4 salaries)	₹8 L/yr - ₹19.8 L/yr 27% more
AXA Senior Business Analyst Salary 1 - 2 years exp. (3 salaries)	₹4.5 L/yr - ₹7 L/yr 41% less
AIG Senior Business Analyst Salary 5 - 16 years exp. (3 salaries)	₹5.7 L/yr - ₹15.5 L/yr 28% more

Senior Business Analyst salary at Axis Max Life Insurance ranges between ₹9 Lakhs to ₹12.3 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Senior Business Analyst salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.3 L/yr
6 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.3 L/yr
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7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹12.3 L/yr
8 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
9 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
10 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
11 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.5 L/yr
12 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
13 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
14 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
15+ years (AmbitionBox Estimate)	₹9 L/yr - ₹17.5 L/yr

View all

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Salary related reviews for Axis Max Life Insurance

3.0

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

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

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Dislikes

Salary - Bad
Job security - Bad

+4 more

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

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

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 Business Analyst Salary FAQs

What is the salary of Senior Business Analyst at Max Life Insurance?

Senior Business Analyst salary at Max Life Insurance in India ranges between ₹9.0 Lakhs to ₹12.3 Lakhs for experience between 5 years to 15 years. According to our estimates it is 35% less than the average Senior Business Analyst Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Senior Business Analyst at Max Life Insurance is 35% less than the average salary of a Senior Business Analyst in India. To know exact salary insights, login to view.

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

Bajaj Allianz General Insurance Senior Business Analyst Salary - ₹9.0 Lakhs to ₹40.0 Lakhs per year
Cholamandalam MS General Insurance Senior Business Analyst Salary - ₹20.0 Lakhs to ₹25.0 Lakhs per year
Aviva Life Insurance India Senior Business Analyst Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
Allianz Senior Business Analyst Salary - ₹7.8 Lakhs to ₹24.1 Lakhs per year
Bajaj Allianz Life Insurance Senior Business Analyst Salary - ₹7.0 Lakhs to ₹19.1 Lakhs per year

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

Star Health & Allied Insurance Senior Business Analyst Salary - ₹8.5 Lakhs to ₹18.0 Lakhs per year
HDFC Life Senior Business Analyst Salary - ₹8.5 Lakhs to ₹19.0 Lakhs per year
AIG Senior Business Analyst Salary - ₹5.7 Lakhs to ₹15.5 Lakhs per year
HDFC Ergo General Insurance Senior Business Analyst Salary - ₹8.0 Lakhs to ₹19.8 Lakhs per year
ICICI Prudential Life Insurance Senior Business Analyst Salary - ₹8.5 Lakhs to ₹14.5 Lakhs per year

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

The estimated take-home salary of a Senior Business Analyst at Max Life Insurance ranges between ₹70,566 per month to ₹72,382 per month in India. The take-home salary calculation is based on the average Max Life Insurance Senior Business Analyst salary in India which ranges between ₹9.0 Lakhs to ₹12.3 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Max Life Insurance Senior Business Analysts reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Max Life Insurance Senior Business Analyst Salaries

Axis Max Life Insurance Senior Business Analyst salary in India ranges between ₹9 Lakhs to ₹12.3 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.