Max Life Insurance Advisory Consultant Salaries by 4 Employees (Updated 2025)

0 - 16 years exp.

₹2 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

83% less than the average Advisory Consultant Salary in Insurance Companies for 0 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Advisory Consultant Salary 16 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Sales & Business Development Advisory Consultant Salary 9 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 15 Dec 2024

Companies similar to Max Life Insurance for Advisory Consultant

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Advisory Consultant Salary 0 - 5 years exp. (7 salaries)	₹0.6 L/yr - ₹4 L/yr 14% less
HDFC Life Advisory Consultant Salary 4 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr 14% less
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SBI Life Insurance Company Advisory Consultant Salary 2 - 6 years exp. (5 salaries)	₹1.3 L/yr - ₹2.5 L/yr 29% less
Life Insurance Corporation of India Advisory Consultant Salary 2 - 10 years exp. (4 salaries)	₹2.2 L/yr - ₹5.1 L/yr 57% more
Star Health & Allied Insurance Advisory Consultant Salary 0 - 2 years exp. (3 salaries)	₹1.2 L/yr - ₹2.5 L/yr 32% less

Advisory Consultant salary at Max Life Insurance ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Advisory Consultant salaries

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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15+ years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Similar Designation salaries in Max Life Insurance

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Senior Associate Salary

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Senior Engineer Salary

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Software Engineer Salary

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System Engineer Salary

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₹2.9 L/yr - ₹3.7 L/yr

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Salary related reviews for Max Life Insurance

5.0

Rated by 2 employees for salary & benefits

Advisory Consultant in Gangtok

Other Department

5.0

• posted on 27 May 2022

5.0

for Salary and Benefits

Likes

I feel very much secured in Max life and really like the work culture. Max life provide us each and every help and also each training for any queries and objections. I noticed in max life that if you give 100% to our job then company will give you more then double. M really proud to be a part of Max life.

Salary - Excellent

+6 more

Dislikes

...st for few small work i have to call each nad everyone and it will take a month. Salary is decent but not satisfied.

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

see more salary related reviews

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What people are saying about 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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Max Life Insurance Advisory Consultant Salary FAQs

What is the salary of Advisory Consultant at Max Life Insurance?

Advisory Consultant salary at Max Life Insurance in India ranges between ₹2.0 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 16 years. According to our estimates it is 83% less than the average Advisory Consultant Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Advisory Consultant at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Advisory Consultant at Max Life Insurance is 83% less than the average salary of a Advisory Consultant in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance to a Advisory Consultant in India?

Life Insurance Corporation of India Advisory Consultant Salary - ₹2.2 Lakhs to ₹5.1 Lakhs per year

What is the salary of a Advisory Consultant in companies similar to Max Life Insurance in India?

ICICI Prudential Life Insurance Advisory Consultant Salary - ₹0.6 Lakhs to ₹4.0 Lakhs per year
HDFC Life Advisory Consultant Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
SBI Life Insurance Company Advisory Consultant Salary - ₹1.3 Lakhs to ₹2.5 Lakhs per year
Star Health & Allied Insurance Advisory Consultant Salary - ₹1.2 Lakhs to ₹2.5 Lakhs per year

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

The estimated take-home salary of a Advisory Consultant at Max Life Insurance ranges between ₹21,900 per month to ₹23,385 per month in India. The take-home salary calculation is based on the average Max Life Insurance Advisory Consultant salary in India which ranges between ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 16 years. Check how did we calculate take home salary?

What is the notice period for Advisory Consultant at Max Life Insurance?

According to AmbitionBox, 50% of the Max Life Insurance Advisory Consultants reported a notice period of 1 Month, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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Max Life Insurance Advisory Consultant Salaries

Max Life Insurance Advisory Consultant salary in India ranges between ₹2 Lakhs to ₹4 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.