Max Life Insurance Senior Underwriter Salaries by 4 Employees

3 - 5 years exp.

₹2.9 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Senior Underwriter Salary in Insurance Companies for 3 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Underwriter Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.1 L/yr
BFSI, Investments & Trading Senior Underwriter Salary 5 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Sports, Fitness & Personal Care Senior Underwriter Salary 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 15 Mar 2023

Companies similar to Axis Max Life Insurance for Senior Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Underwriter Salary 0 - 2 years exp. (5 salaries)	₹3 L/yr - ₹4.7 L/yr 8% more
HDFC Life Senior Underwriter Salary 3 - 6 years exp. (4 salaries)	₹3.4 L/yr - ₹4.1 L/yr 6% less
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SBI Life Insurance Company Senior Underwriter Salary 5 - 15 years exp. (4 salaries)	₹3 L/yr - ₹8.5 L/yr 28% more
MetLife Senior Underwriter Salary 8 - 13 years exp. (4 salaries)	₹6 L/yr - ₹7 L/yr 68% more
Aviva Life Insurance India Senior Underwriter Salary 3 - 6 years exp. (4 salaries)	₹4.2 L/yr - ₹7 L/yr 62% more
Gallagher Senior Underwriter Salary 4 - 7 years exp. (4 salaries)	₹4.4 L/yr - ₹8.3 L/yr 74% more
Royal Sundaram General Insurance Senior Underwriter Salary 13 - 15 years exp. (3 salaries)	₹4.9 L/yr - ₹5.5 L/yr 34% more
Star Health & Allied Insurance Senior Underwriter Salary 1 - 9 years exp. (3 salaries)	₹2.8 L/yr - ₹3.6 L/yr 18% less

Senior Underwriter salary at Axis Max Life Insurance ranges between ₹2.9 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Senior Underwriter salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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5 years (3 salaries)	₹2.9 L/yr - ₹5.5 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

Back Office Executive in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 06 Jul 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

+4 more

Dislikes

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.

Customer Service Executive in Tirupati

Human Resources Department

4.0

• posted on 03 Apr 2018

3.0

for Salary and Benefits

Likes

...s to ensure smooth flow of work. Induction, training programme for new products. Each individual can express their ideas related to cost cutting and work flow.

Skill development - Good

Dislikes

Here work pressure is very high. Sometimes you have to stretch your working hours. I do receive appreciation from managers and sales team. But they go unnoticed during year appreciations.

Promotions - Poor

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

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Axis Max Life Insurance Senior Underwriter Salary FAQs

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

The average salary of a Senior Underwriter at Max Life Insurance in India typically ranges from ₹2.9 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Senior Underwriter at Max Life Insurance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Senior Underwriter Salaries at 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 4 Max Life Insurance employees in India.

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

The estimated take-home salary of a Senior Underwriter at Max Life Insurance in India typically ranges from ₹27,924 to ₹29,320 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 3 years to 5 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 4 salaries received from various employees of Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Max Life Insurance for Senior Underwriter in India?

Gallagher	₹4.4 Lakhs to ₹8.3 Lakhs per year
MetLife	₹6.0 Lakhs to ₹7.0 Lakhs per year
Aviva Life Insurance India	₹4.2 Lakhs to ₹7.0 Lakhs per year
Royal Sundaram General Insurance	₹4.9 Lakhs to ₹5.5 Lakhs per year
SBI Life Insurance Company	₹3.0 Lakhs to ₹8.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Max Life Insurance, depending on the role and experience level.

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

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

ICICI Prudential Life Insurance	₹3.0 Lakhs to ₹4.7 Lakhs per year
HDFC Life	₹3.4 Lakhs to ₹4.1 Lakhs per year
Star Health & Allied Insurance	₹2.8 Lakhs to ₹3.6 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 Underwriter at Max Life Insurance in India?

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

Experience	Average Salary Range
3 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
5 years	₹2.9 Lakhs to ₹5.5 Lakhs per year

and so on.

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Axis Max Life Insurance Senior Underwriter Salaries by Location

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Max Life Insurance Senior Underwriter Salaries

Axis Max Life Insurance Senior Underwriter salary in India ranges between ₹2.9 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Senior Underwriter salaries in India

Companies similar to Axis Max Life Insurance for Senior Underwriter

Latest annual salaries shared by Axis Max Life Insurance Senior Underwriter

Experience wise Max Life Insurance Senior Underwriter salaries

Similar Designation salaries in Axis Max Life Insurance

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Back Office Executive in Gurgaon / Gurugram

Customer Service Executive in Bikaner

Customer Service Executive in Tirupati

Data Scientist in Gurgaon / Gurugram

Axis Max Life Insurance Senior Underwriter Salary FAQs

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Axis Max Life Insurance Senior Underwriter Salaries by Location