Axis Max Life Insurance Senior Operations Manager Salaries by 10+ Employees (Updated 2025)

12 - 17 years exp.

₹8.2 Lakhs - ₹17 Lakhs

Salary of majority employees

35% less than the average Senior Operations Manager Salary in Insurance Companies for 12 - 17 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Operations Manager Salary 13 - 16 years exp. (8 salaries)	₹9.3 L/yr - ₹15.3 L/yr
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BFSI, Investments & Trading Senior Operations Manager Salary 12 - 17 years exp. (7 salaries)	₹9.3 L/yr - ₹17 L/yr

Last Updated: 16 Feb 2025

Companies similar to Axis Max Life Insurance for Senior Operations Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Operations Manager Salary 7 - 16 years exp. (39 salaries)	₹6.2 L/yr - ₹12 L/yr 25% less
MetLife Senior Operations Manager Salary 13 - 18 years exp. (17 salaries)	₹20 L/yr - ₹35 L/yr 149% more
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HDFC Life Senior Operations Manager Salary 3 - 17 years exp. (11 salaries)	₹5.9 L/yr - ₹11.4 L/yr 24% less
Tata AIA Life Insurance Senior Operations Manager Salary 6 - 17 years exp. (9 salaries)	₹11.7 L/yr - ₹21.5 L/yr 39% more
ICICI Prudential Life Insurance Senior Operations Manager Salary 13 - 20 years exp. (8 salaries)	₹10 L/yr - ₹19.8 L/yr 2% less
Kotak Mahindara Life Insurance Senior Operations Manager Salary 7 - 17 years exp. (8 salaries)	₹6 L/yr - ₹14.5 L/yr 22% less
HDFC Ergo General Insurance Senior Operations Manager Salary 10 - 20 years exp. (7 salaries)	₹8.5 L/yr - ₹18 L/yr 6% more
Reliance Nippon Life Insurance Senior Operations Manager Salary 14 - 21 years exp. (6 salaries)	₹9.7 L/yr - ₹19.5 L/yr 20% more
Shriram Life Insurance Senior Operations Manager Salary 9 - 19 years exp. (5 salaries)	₹9.5 L/yr - ₹12.3 L/yr 3% less
Gallagher Senior Operations Manager Salary 15 - 21 years exp. (5 salaries)	₹14 L/yr - ₹20 L/yr 54% more
Bajaj Allianz Life Insurance Senior Operations Manager Salary 11 - 16 years exp. (5 salaries)	₹16.1 L/yr - ₹23 L/yr 63% more
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PNB MetLife Senior Operations Manager Salary 3 - 15 years exp. (5 salaries)	₹3.3 L/yr - ₹13 L/yr 31% less
Aditya Birla Sun Life Insurance Senior Operations Manager Salary 12 - 15 years exp. (4 salaries)	₹7 L/yr - ₹16.5 L/yr 2% more
Star Union Dai-ichi Life Insurance Senior Operations Manager Salary 9 - 14 years exp. (4 salaries)	₹16.6 L/yr - ₹17.7 L/yr 52% more
Magma HDI General Insurance Senior Operations Manager Salary 3 - 16 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 68% less
SBI Life Insurance Company Senior Operations Manager Salary 14 - 18 years exp. (3 salaries)	₹14 L/yr - ₹18 L/yr 37% more

Senior Operations Manager salary at Axis Max Life Insurance ranges between ₹8.2 Lakhs to ₹17 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 17 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Senior Operations Manager salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹10 L/yr - ₹19.7 L/yr
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14 years (5 salaries)	₹8.2 L/yr - ₹15.3 L/yr
15+ years (10 salaries)	₹8.4 L/yr - ₹17 L/yr

Similar Designation salaries in Axis Max Life Insurance

Operations Manager Salary

(49 salaries)

₹2.15 L/yr - ₹11 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Deputy Branch Manager Salary

(5 salaries)

₹1 L/yr - ₹10 L/yr

Store Manager Salary

(3 salaries)

₹2.5 L/yr - ₹7 L/yr

Delivery Manager Salary

(3 salaries)

₹10 L/yr - ₹20.31 L/yr

Service Delivery Manager Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Relationship Manager Salary

(500 salaries)

₹1.1 L/yr - ₹7.03 L/yr

Customer Service Manager Salary

(15 salaries)

₹3.2 L/yr - ₹7.3 L/yr

Service Manager Salary

(6 salaries)

₹1.65 L/yr - ₹3.5 L/yr

Program Manager Salary

(13 salaries)

₹6.15 L/yr - ₹25.12 L/yr

Top skills at Axis Max Life Insurance for Senior Operations Manager

Monitoring Cost Bfsi Test Cases Database Management Process Audit Billing Automation Underwriting Financial Services Data Analysis Process automation External Audit Audit Compliance

Salary related reviews for Axis Max Life Insurance

3.0

Rated by 1 employees for salary & benefits

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

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.

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

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 Senior Operations Manager Salary FAQs

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

The average salary of a Senior Operations Manager at Axis Max Life Insurance in India typically ranges from ₹8.2 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 12 years to 17 years).

The top 10% of Senior Operations Manager at Axis Max Life Insurance earn more than ₹15.9 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Senior Operations Manager 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 10+ Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Senior Operations Manager at Axis Max Life Insurance in India typically ranges from ₹80,964 to ₹83,074 per month. This is based on the average salary range of ₹8.2 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 12 years to 17 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 10+ 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 Senior Operations Manager at Axis Max Life Insurance ?

To be a Senior Operations Manager at Axis Max Life Insurance in india, the key skills required include:

- Monitoring
- Cost
- Bfsi
- Test Cases
- Database

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 Senior Operations Manager in India?

MetLife	₹20.0 Lakhs to ₹35.0 Lakhs per year
Bajaj Allianz Life Insurance	₹16.1 Lakhs to ₹23.0 Lakhs per year
Gallagher	₹14.0 Lakhs to ₹20.0 Lakhs per year
Star Union Dai-ichi Life Insurance	₹16.6 Lakhs to ₹17.7 Lakhs per year
Tata AIA Life Insurance	₹11.7 Lakhs to ₹21.5 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 Senior Operations Manager in companies similar to Axis Max Life Insurance in India?

The salary of a Senior Operations Manager 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:

SBI Life Insurance Company	₹14.0 Lakhs to ₹18.0 Lakhs per year
Reliance Nippon Life Insurance	₹9.7 Lakhs to ₹19.5 Lakhs per year
HDFC Ergo General Insurance	₹8.5 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹7.0 Lakhs to ₹16.5 Lakhs per year
ICICI Prudential Life Insurance	₹10.0 Lakhs to ₹19.8 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 Senior Operations Manager at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
12 years	₹4.3 Lakhs to ₹12.0 Lakhs per year
13 years	₹10.0 Lakhs to ₹19.7 Lakhs per year
14 years	₹8.2 Lakhs to ₹15.3 Lakhs per year
15 years	₹8.4 Lakhs to ₹17.0 Lakhs per year

and so on.

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Axis Max Life Insurance Senior Operations Manager Salaries

Axis Max Life Insurance Senior Operations Manager salary in India ranges between ₹8.2 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.