Axis Max Life Insurance Claims Associate Salaries by 3 Employees

1 - 5 years exp.

₹2.8 Lakhs - ₹3.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

9% less than the average Claims Associate Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Claims Associate Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
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Customer Success, Service & Operations Claims Associate Salary 1 year exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr

Last Updated: 15 Mar 2023

Companies similar to Axis Max Life Insurance for Claims Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Claims Associate Salary 0 - 11 years exp. (13 salaries)	₹2 L/yr - ₹5.2 L/yr 45% more
HDFC Ergo General Insurance Claims Associate Salary 2 - 5 years exp. (12 salaries)	₹2 L/yr - ₹4.3 L/yr 28% more
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MetLife Claims Associate Salary 0 - 5 years exp. (11 salaries)	₹3 L/yr - ₹4 L/yr 24% more
HDFC Life Claims Associate Salary 0 - 5 years exp. (9 salaries)	₹1.9 L/yr - ₹2.2 L/yr 33% less
ICICI Prudential Life Insurance Claims Associate Salary 0 - 4 years exp. (7 salaries)	₹2.7 L/yr - ₹4.5 L/yr 19% more
Royal Sundaram General Insurance Claims Associate Salary 0 - 9 years exp. (6 salaries)	₹2 L/yr - ₹3.6 L/yr 14% less
Gallagher Claims Associate Salary 1 - 3 years exp. (4 salaries)	₹3 L/yr - ₹7.5 L/yr 52% more
Bajaj Allianz General Insurance Claims Associate Salary 3 - 14 years exp. (4 salaries)	₹2.9 L/yr - ₹4.1 L/yr 22% more
Allianz Claims Associate Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹4.5 L/yr 7% more
Cholamandalam MS General Insurance Claims Associate Salary 5 - 7 years exp. (3 salaries)	₹2.9 L/yr - ₹4.1 L/yr 10% more
Star Health & Allied Insurance Claims Associate Salary 0 - 2 years exp. (3 salaries)	₹2.1 L/yr - ₹3 L/yr 12% less
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Claims Associate salary at Axis Max Life Insurance ranges between ₹2.8 Lakhs to ₹3.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Claims Associate salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 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

Senior Officer in Amritsar

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Jul 2023

5.0

for Salary and Benefits

Likes

Max is best company in insurance sector Max always appreciate his employee & also pays a good salary, incentive, sizzler to his employee I will again join the max

Salary - Excellent

+4 more

Dislikes

My few colleagues always trying to misguide each other and some have jealousy for someone's being best

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.

Operations Executive in Howrah

Operations Department

5.0

• posted on 02 Jun 2021

4.0

for Salary and Benefits

Likes

Very good company for both personal and professional growth.Employee centric.Friendly environment.Colleagues and seniors are very much co-operative which is very helpful for a new joinee.I shared a great relation with them.A very much customer oriented company when it comes to service.

Salary - Good

+6 more

Dislikes

Salary structure needs to improve for an off-role employee else everything is fine.

Operations Executive in Ranchi

BFSI, Investments & Trading Department

5.0

• posted on 28 May 2019

5.0

for Salary and Benefits

Likes

Working with the max life insurance is such a great experience . My team leaders are very supportive , salary package is not to too but its okay, i have learned too many things there but work life balance is not too good

Salary - Excellent

+6 more

Dislikes

The thing that i dislike in working in max life insurance that is we all employee work every sunday but not even a single employee get compensation for the working on sunday.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Axis Max Life Insurance Claims Associate Salary FAQs

How the salary growth look like for a Claims Associate at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹3.8 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Axis Max Life Insurance Claims Associate Salaries

Axis Max Life Insurance Claims Associate salary in India ranges between ₹2.8 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Claims Associate salaries in India

Companies similar to Axis Max Life Insurance for Claims Associate

Latest annual salaries shared by Axis Max Life Insurance Claims Associate

Experience wise Axis Max Life Insurance Claims Associate salaries

Similar Designation salaries in Axis Max Life Insurance

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Senior Officer in Amritsar

Customer Service Executive in Bikaner

Operations Executive in Howrah

Operations Executive in Ranchi

Axis Max Life Insurance Claims Associate Salary FAQs

Tell us how to improve this page.