Axis Max Life Insurance Actuarial Analyst Salaries by 4 Employees

2 - 5 years exp.

₹3 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

At par with the average Actuarial Analyst Salary in Insurance Companies for 2 - 5 years of experience

Interested in this particular role?

Last Updated: 15 Apr 2024

Companies similar to Axis Max Life Insurance for Actuarial Analyst

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Actuarial Analyst Salary 0 - 2 years exp. (22 salaries)	₹10 L/yr - ₹14.5 L/yr 59% more
AIG Actuarial Analyst Salary 0 - 3 years exp. (11 salaries)	₹6.9 L/yr - ₹13.9 L/yr 41% more
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HDFC Ergo General Insurance Actuarial Analyst Salary 0 - 3 years exp. (8 salaries)	₹4.5 L/yr - ₹8.4 L/yr 13% less
Gallagher Actuarial Analyst Salary 0 - 4 years exp. (7 salaries)	₹5.7 L/yr - ₹8 L/yr 11% less
Shriram Life Insurance Actuarial Analyst Salary 0 - 2 years exp. (6 salaries)	₹4.5 L/yr - ₹6.2 L/yr 33% less
HDFC Life Actuarial Analyst Salary 0 - 3 years exp. (6 salaries)	₹4.3 L/yr - ₹16.5 L/yr 35% more
MetLife Actuarial Analyst Salary 0 - 2 years exp. (5 salaries)	₹7.2 L/yr - ₹12.1 L/yr 16% more
Royal Sundaram General Insurance Actuarial Analyst Salary 2 - 7 years exp. (4 salaries)	₹9.1 L/yr - ₹27 L/yr 125% more
ICICI Prudential Life Insurance Actuarial Analyst Salary 0 - 1 year exp. (3 salaries)	₹6 L/yr - ₹11 L/yr 2% less

Actuarial Analyst salary at Axis Max Life Insurance ranges between ₹3 Lakhs to ₹20 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Actuarial Analyst salaries

Last Updated: 15 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
4 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
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5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Axis Max Life Insurance

Data Analyst Salary

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Senior Analyst Salary

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₹5.8 L/yr - ₹18.01 L/yr

Analyst Salary

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Accountant Salary

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₹2.34 L/yr - ₹5 L/yr

Accounting Staff Salary

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₹2.9 L/yr - ₹3.7 L/yr

Team Lead Salary

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₹2.6 L/yr - ₹9 L/yr

Associate Consultant Salary

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₹2.4 L/yr - ₹4.2 L/yr

Senior Associate Salary

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₹2.05 L/yr - ₹5 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Helper Salary

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₹0.3 L/yr - ₹0.3 L/yr

Salary related reviews for Axis Max Life Insurance

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

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Axis Max Life Insurance Actuarial Analyst Salary FAQs

What is the salary of Actuarial Analyst at Axis Max Life Insurance ?

The average salary of a Actuarial Analyst at Axis Max Life Insurance in India typically ranges from ₹3.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Actuarial Analyst at Axis Max Life Insurance earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Actuarial Analyst 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 4 Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Actuarial Analyst at Axis Max Life Insurance in India typically ranges from ₹57,951 to ₹59,409 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 2 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 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 Actuarial Analyst in India?

Royal Sundaram General Insurance	₹9.1 Lakhs to ₹27.0 Lakhs per year
ICICI Lombard General Insurance Company	₹10.0 Lakhs to ₹14.5 Lakhs per year
AIG	₹6.9 Lakhs to ₹13.9 Lakhs per year
HDFC Life	₹4.3 Lakhs to ₹16.5 Lakhs per year
MetLife	₹7.2 Lakhs to ₹12.1 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 Actuarial Analyst in companies similar to Axis Max Life Insurance in India?

The salary of a Actuarial Analyst 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:

ICICI Prudential Life Insurance	₹6.0 Lakhs to ₹11.0 Lakhs per year
Gallagher	₹5.7 Lakhs to ₹8.0 Lakhs per year
HDFC Ergo General Insurance	₹4.5 Lakhs to ₹8.4 Lakhs per year
Shriram Life Insurance	₹4.5 Lakhs to ₹6.2 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 Actuarial Analyst at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
2 years	₹4.8 Lakhs to ₹6.2 Lakhs per year
4 years	₹10.4 Lakhs to ₹13.2 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Axis Max Life Insurance Actuarial Analyst Salaries

Axis Max Life Insurance Actuarial Analyst salary in India ranges between ₹3 Lakhs to ₹20 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.