Max Life Insurance Assistant Vice President Procurement Salaries by 4 Employees (Updated 2025)

14 - 20 years exp.

₹23 Lakhs - ₹38.7 Lakhs

Low Confidence

Salary of majority employees

7% more than the average Assistant Vice President Procurement Salary in Insurance Companies for 14 - 20 years of experience

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Last Updated: 8 Jan 2025

Companies similar to Max Life Insurance for Assistant Vice President Procurement

Company name	Avg Annual Salary	Open Jobs
Tata Capital Assistant Vice President Procurement Salary 14 - 17 years exp. (4 salaries)	₹22 L/yr - ₹26.5 L/yr 16% less
BOBCARD Ltd. Assistant Vice President Procurement Salary 13 - 16 years exp. (4 salaries)	₹15 L/yr - ₹18.1 L/yr 43% less
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State Street Bank Assistant Vice President Procurement Salary 14 - 16 years exp. (3 salaries)	₹38.1 L/yr - ₹48.6 L/yr 46% more
Bharti AXA Life Insurance Assistant Vice President Procurement Salary 16 - 20 years exp. (3 salaries)	₹24 L/yr - ₹26 L/yr 12% less
Indospirit Assistant Vice President Procurement Salary 15 - 18 years exp. (3 salaries)	₹38 L/yr - ₹46 L/yr 50% more

Assistant Vice President Procurement salary at Max Life Insurance ranges between ₹23 Lakhs to ₹38.7 Lakhs per year for employees with experience between 14 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Assistant Vice President Procurement salaries

Last Updated: 8 Jan 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.5 L/yr
Login to view exact salary
15+ years (3 salaries)	₹23 L/yr - ₹38.7 L/yr

Similar Designation salaries in Max Life Insurance

Assistant General Manager Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Procurement Executive Salary

(4 salaries)

₹2.7 L/yr - ₹5.2 L/yr

Procurement Specialist Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Operations Manager Salary

(51 salaries)

₹2.15 L/yr - ₹11 L/yr

Deputy General Manager Salary

(3 salaries)

₹2.6 L/yr - ₹4.85 L/yr

Sourcing Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Team Lead Salary

(18 salaries)

₹3 L/yr - ₹9 L/yr

Deputy Manager Salary

(768 salaries)

₹2.4 L/yr - ₹9 L/yr

Top skills at Max Life Insurance for Assistant Vice President Procurement

Cost Reduction Supply Chain Management ERP Business operations Procurement Strategic Sourcing Outsourcing Performance Management Risk Management Financial Services

Salary related reviews for 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

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 Assistant Vice President Procurement Salary FAQs

What is the salary of Assistant Vice President Procurement at Max Life Insurance?

Assistant Vice President Procurement salary at Max Life Insurance in India ranges between ₹23.0 Lakhs to ₹38.7 Lakhs for experience between 14 years to 20 years. According to our estimates it is 7% more than the average Assistant Vice President Procurement 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 Assistant Vice President Procurement at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Assistant Vice President Procurement at Max Life Insurance is 7% more than the average salary of a Assistant Vice President Procurement in India. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Vice President Procurement at Max Life Insurance?

Cost Reduction, Supply Chain Management, ERP, Business operations and Procurement are some of the popular skills required to work as a Assistant Vice President Procurement at Max Life Insurance India.

Which similar companies are paying more than Max Life Insurance to a Assistant Vice President Procurement in India?

Indospirit Assistant Vice President Procurement Salary - ₹38.0 Lakhs to ₹46.0 Lakhs per year
State Street Bank Assistant Vice President Procurement Salary - ₹38.1 Lakhs to ₹48.6 Lakhs per year

What is the salary of a Assistant Vice President Procurement in companies similar to Max Life Insurance in India?

Bharti AXA Life Insurance Assistant Vice President Procurement Salary - ₹24.0 Lakhs to ₹26.0 Lakhs per year
Tata Capital Assistant Vice President Procurement Salary - ₹22.0 Lakhs to ₹26.5 Lakhs per year
BOBCARD Ltd. Assistant Vice President Procurement Salary - ₹15.0 Lakhs to ₹18.1 Lakhs per year

What is the estimated take home salary of a Assistant Vice President Procurement at Max Life Insurance in India?

The estimated take-home salary of a Assistant Vice President Procurement at Max Life Insurance ranges between ₹1,79,391 per month to ₹1,86,365 per month in India. The take-home salary calculation is based on the average Max Life Insurance Assistant Vice President Procurement salary in India which ranges between ₹23.0 Lakhs to ₹38.7 Lakhs per year for employees with experience between 14 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Assistant Vice President Procurement at Max Life Insurance?

According to AmbitionBox, 100% of the Max Life Insurance Assistant Vice President Procurements reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Max Life Insurance Assistant Vice President Procurement Salaries

Max Life Insurance Assistant Vice President Procurement salary in India ranges between ₹23 Lakhs to ₹38.7 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.

Max Life Insurance Assistant Vice President Procurement salaries in India

Companies similar to Max Life Insurance for Assistant Vice President Procurement

Latest annual salaries shared by Max Life Insurance Assistant Vice President Procurement

Experience wise Max Life Insurance Assistant Vice President Procurement salaries

Similar Designation salaries in Max Life Insurance

Top skills at Max Life Insurance for Assistant Vice President Procurement

Salary related reviews for Max Life Insurance

Deputy Manager in Kolkata

Data Scientist in Gurgaon / Gurugram

Relationship Associate in Raipur

Associate Sales Manager in Mumbai

Associate in Pune

Max Life Insurance Assistant Vice President Procurement Salary FAQs

Tell us how to improve this page.