Max Life Insurance Claims Executive Salaries by 4 Employees (Updated 2024)

0 - 6 years exp.

₹3.9 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

43% more than the average Claims Executive Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Claims Executive Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Customer Success, Service & Operations Claims Executive Salary 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.3 L/yr

Last Updated: 11 Nov 2024

Companies similar to Max Life Insurance for Claims Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Claims Executive Salary 1 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹4.5 L/yr 20% less
HDFC Life Claims Executive Salary 1 - 4 years exp. (5 salaries)	₹2.1 L/yr - ₹3.2 L/yr 31% less
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Bajaj Allianz Life Insurance Claims Executive Salary 1 - 4 years exp. (3 salaries)	₹1.9 L/yr - ₹3.7 L/yr 29% less
Tata AIA Life Insurance Claims Executive Salary 0 - 5 years exp. (5 salaries)	₹2.1 L/yr - ₹3.7 L/yr 26% less
Aditya Birla Sun Life Insurance Claims Executive Salary 3 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹2.9 L/yr 37% less
PNB MetLife Claims Executive Salary 1 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 29% less
Star Health & Allied Insurance Claims Executive Salary 2 - 7 years exp. (64 salaries)	₹2.3 L/yr - ₹4.5 L/yr 16% less
HDFC Ergo General Insurance Claims Executive Salary 1 - 5 years exp. (57 salaries)	₹1.8 L/yr - ₹5 L/yr 23% less
Bajaj Allianz General Insurance Claims Executive Salary 1 - 9 years exp. (35 salaries)	₹2 L/yr - ₹5.2 L/yr 9% less
Care Health Insurance Claims Executive Salary 0 - 8 years exp. (33 salaries)	₹1.8 L/yr - ₹3.7 L/yr 30% less
SBI General Insurance Claims Executive Salary 0 - 7 years exp. (32 salaries)	₹2.6 L/yr - ₹4.5 L/yr 12% less
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ICICI Lombard General Insurance Company Claims Executive Salary 1 - 9 years exp. (23 salaries)	₹3 L/yr - ₹6.5 L/yr 15% more
Cholamandalam MS General Insurance Claims Executive Salary 2 - 7 years exp. (12 salaries)	₹2 L/yr - ₹3.7 L/yr 19% less
Royal Sundaram General Insurance Claims Executive Salary 3 - 11 years exp. (11 salaries)	₹2.5 L/yr - ₹6.6 L/yr 9% more
Shriram Life Insurance Claims Executive Salary 0 - 3 years exp. (5 salaries)	₹1.8 L/yr - ₹2.9 L/yr 44% less
ManipalCigna Health Insurance Claims Executive Salary 2 - 6 years exp. (4 salaries)	₹2.8 L/yr - ₹5 L/yr 14% less
Gallagher Claims Executive Salary 2 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹4 L/yr 17% less

Claims Executive salary at Max Life Insurance ranges between ₹3.9 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Claims Executive salaries

Last Updated: 11 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7 L/yr

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Similar Designation salaries in Max Life Insurance

Claims Officer Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Claims Associate Salary

(3 salaries)

₹2.8 L/yr - ₹3.3 L/yr

Claim Processing Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Back Office Executive Salary

(30 salaries)

₹1.45 L/yr - ₹4 L/yr

Team Lead Salary

(22 salaries)

₹2.6 L/yr - ₹9.4 L/yr

Analyst Salary

(18 salaries)

₹2.65 L/yr - ₹12.5 L/yr

Senior Associate Salary

(25 salaries)

₹2.05 L/yr - ₹6.8 L/yr

Quality Analyst Salary

(12 salaries)

₹2.6 L/yr - ₹4.5 L/yr

Process Associate Salary

(12 salaries)

₹2 L/yr - ₹3 L/yr

Senior Analyst Salary

(9 salaries)

₹5.8 L/yr - ₹18.01 L/yr

Salary related reviews for Max Life Insurance

Rated by 1 employees for salary & benefits

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.

Back Office Executive in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 06 Jul 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

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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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Max Life Insurance Claims Executive Salary FAQs

What is the salary of Claims Executive at Max Life Insurance?

Claims Executive salary at Max Life Insurance in India ranges between ₹3.9 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 43% more than the average Claims Executive 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 Claims Executive at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Claims Executive at Max Life Insurance is 43% more than the average salary of a Claims Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance to a Claims Executive in India?

ICICI Lombard General Insurance Company Claims Executive Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
Royal Sundaram General Insurance Claims Executive Salary - ₹2.5 Lakhs to ₹6.6 Lakhs per year

What is the salary of a Claims Executive in companies similar to Max Life Insurance in India?

Bajaj Allianz General Insurance Claims Executive Salary - ₹2.0 Lakhs to ₹5.2 Lakhs per year
SBI General Insurance Claims Executive Salary - ₹2.6 Lakhs to ₹4.5 Lakhs per year
ManipalCigna Health Insurance Claims Executive Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year
Star Health & Allied Insurance Claims Executive Salary - ₹2.3 Lakhs to ₹4.5 Lakhs per year
Gallagher Claims Executive Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Claims Executive at Max Life Insurance ranges between ₹29,250 per month to ₹30,626 per month in India. The take-home salary calculation is based on the average Max Life Insurance Claims Executive salary in India which ranges between ₹3.9 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Claims Executive at Max Life Insurance?

According to AmbitionBox, 100% of the Max Life Insurance Claims Executives reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Max Life Insurance Claims Executive Salaries

Max Life Insurance Claims Executive salary in India ranges between ₹3.9 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.