Max Life Insurance Mumbai Advisor Salaries by 4 Employees (Updated 2025)

1 - 6 years exp.

₹1.5 Lakh - ₹4.5 Lakhs

Salary of majority employees

21% less than the average Advisor Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Marketing & Communication Advisor Salary 1 year exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.5 L/yr
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Customer Success, Service & Operations Advisor Salary 6 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.9 L/yr

Last Updated: 23 May 2024

Companies similar to Max Life Insurance for Advisor in Mumbai

Max Life Insurance Advisor Salary

1 - 6 years exp. (4 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Advisor Salary 1 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹3.6 L/yr 4% less
SBI Life Insurance Company Advisor Salary 2 - 7 years exp. (3 salaries)	₹2 L/yr - ₹4 L/yr 8% less
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Life Insurance Corporation of India Advisor Salary 2 - 15 years exp. (10 salaries)	₹1.2 L/yr - ₹6 L/yr 2% more
Gallagher Advisor Salary 0 - 7 years exp. (29 salaries)	₹3.5 L/yr - ₹7 L/yr 35% more
ICICI Lombard General Insurance Company Advisor Salary 0 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.8 L/yr 40% less

Advisor salary at Max Life Insurance ranges between ₹1.5 Lakh to ₹4.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Advisor salaries in Mumbai

Last Updated: 23 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.7 L/yr

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Similar Designation salaries in Max Life Insurance

Sales Executive Salary

(6 salaries)

₹2 L/yr - ₹4.63 L/yr

Agent Salary

(3 salaries)

₹2.15 L/yr - ₹3.64 L/yr

Top skills at Max Life Insurance for Advisor

Strategic Planning Distribution Analytics Sales Business Planning

Salary related reviews for Max Life Insurance

3.7

Rated by 2 employees for salary & benefits

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

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.

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.

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

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.

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.

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Top trending discussions

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Max Life Insurance Advisor Salary FAQs

What is the salary of Advisor at Max Life Insurance Mumbai?

Advisor salary at Max Life Insurance in Mumbai ranges between ₹1.5 Lakhs to ₹4.5 Lakhs for experience between 1 years to 6 years. According to our estimates it is 21% less than the average Advisor Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance Mumbai.

How does the salary of a Advisor at Max Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Advisor at Max Life Insurance is 21% less than the average salary of a Advisor in Mumbai. To know exact salary insights, login to view.

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

Strategic Planning, Distribution, Analytics, Sales and Business Planning are some of the popular skills required to work as a Advisor at Max Life Insurance Mumbai.

Which similar companies are paying more than Max Life Insurance to a Advisor in Mumbai?

Gallagher Advisor Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
Life Insurance Corporation of India Advisor Salary - ₹1.2 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Advisor in companies similar to Max Life Insurance in Mumbai?

ICICI Prudential Life Insurance Advisor Salary - ₹2.5 Lakhs to ₹3.6 Lakhs per year
SBI Life Insurance Company Advisor Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
ICICI Lombard General Insurance Company Advisor Salary - ₹1.8 Lakhs to ₹2.8 Lakhs per year

What is the estimated take home salary of a Advisor at Max Life Insurance in Mumbai?

The estimated take-home salary of a Advisor at Max Life Insurance ranges between ₹24,588 per month to ₹26,033 per month in Mumbai. The take-home salary calculation is based on the average Max Life Insurance Advisor salary in India which ranges between ₹1.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Advisor at Max Life Insurance in Mumbai?

According to AmbitionBox, 100% of the Max Life Insurance Advisors in Mumbai reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Max Life Insurance Advisor Salaries in Mumbai

Max Life Insurance Advisor salary in Mumbai ranges between ₹1.5 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Max Life Insurance latest salaries received from various employees of Max Life Insurance.