Max Life Insurance Collections Executive Salaries by 5 Employees (Updated 2025)

0 - 2 years exp.

₹1.2 Lakh - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

34% less than the average Collections Executive Salary in Insurance Companies for 0 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Executive Salary 2 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr
Customer Success, Service & Operations Collections Executive Salary Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹1.9 L/yr
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Finance & Accounting Collections Executive Salary 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
Sales & Business Development Collections Executive Salary Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.3 L/yr

Last Updated: 18 Dec 2024

Companies similar to Max Life Insurance for Collections Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Collections Executive Salary 1 - 2 years exp. (3 salaries)	₹0.1 L/yr - ₹0.2 L/yr 92% less
HDFC Life Collections Executive Salary 0 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹2 L/yr 2% less
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Bajaj Allianz Life Insurance Collections Executive Salary 1 - 8 years exp. (3 salaries)	₹1.5 L/yr - ₹2.5 L/yr 7% more
Reliance Nippon Life Insurance Collections Executive Salary 0 - 5 years exp. (6 salaries)	₹1.2 L/yr - ₹2.2 L/yr 2% less
Life Insurance Corporation of India Collections Executive Salary 1 - 6 years exp. (5 salaries)	₹1.2 L/yr - ₹2.2 L/yr 11% more
Cholamandalam MS General Insurance Collections Executive Salary 1 - 4 years exp. (14 salaries)	₹1.8 L/yr - ₹3.4 L/yr 43% more
Star Union Dai-ichi Life Insurance Collections Executive Salary 2 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹4.5 L/yr 78% more
Shriram Life Insurance Collections Executive Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹1.9 L/yr 2% more

Collections Executive salary at Max Life Insurance ranges between ₹1.2 Lakh to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Collections Executive salaries

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.5 L/yr - ₹1.7 L/yr
1 year (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.8 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.5 L/yr

Salary related reviews for Max Life Insurance

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

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Salary is good

Salary - Good

+1 more

Dislikes

Lack of training, harrasment candidate for work , lack of field help , managers are not supportive they just bark but don't motivate agency manager at every hour . Mentally torture the candidate for work and pressurized day night equally, call anytime without thinking it's an off or weak day holiday. Never think about personal life also the manager are shameless because they trespass their manager homes without intimation and do misbehave with everyone in office. The management is not good so do not join max life

Skill development - Bad

+4 more

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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 Collections Executive Salary FAQs

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

Collections Executive salary at Max Life Insurance in India ranges between ₹1.2 Lakhs to ₹2.5 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 34% less than the average Collections Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Collections Executive at Max Life Insurance is 34% less than the average salary of a Collections Executive in India. To know exact salary insights, login to view.

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

Star Union Dai-ichi Life Insurance Collections Executive Salary - ₹2.3 Lakhs to ₹4.5 Lakhs per year
Cholamandalam MS General Insurance Collections Executive Salary - ₹1.8 Lakhs to ₹3.4 Lakhs per year
Life Insurance Corporation of India Collections Executive Salary - ₹1.2 Lakhs to ₹2.2 Lakhs per year
Bajaj Allianz Life Insurance Collections Executive Salary - ₹1.5 Lakhs to ₹2.5 Lakhs per year
Shriram Life Insurance Collections Executive Salary - ₹1.5 Lakhs to ₹1.9 Lakhs per year

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

HDFC Life Collections Executive Salary - ₹1.5 Lakhs to ₹2.0 Lakhs per year
Reliance Nippon Life Insurance Collections Executive Salary - ₹1.2 Lakhs to ₹2.2 Lakhs per year
ICICI Prudential Life Insurance Collections Executive Salary - ₹0.1 Lakhs to ₹0.2 Lakhs per year

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

The estimated take-home salary of a Collections Executive at Max Life Insurance ranges between ₹11,533 per month to ₹12,800 per month in India. The take-home salary calculation is based on the average Max Life Insurance Collections Executive salary in India which ranges between ₹1.2 Lakhs to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the Max Life Insurance Collections Executives reported a notice period of 15 days or less, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Max Life Insurance Collections Executive Salaries

Max Life Insurance Collections Executive salary in India ranges between ₹1.2 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Max Life Insurance latest salaries received from various employees of Max Life Insurance.

Max Life Insurance Collections Executive salaries in India

Companies similar to Max Life Insurance for Collections Executive

Latest annual salaries shared by Max Life Insurance Collections Executive

Experience wise Max Life Insurance Collections Executive salaries

Salary related reviews for Max Life Insurance

Data Scientist in Gurgaon / Gurugram

Relationship Associate in Raipur

Associate Sales Manager in Mumbai

Associate in Pune

Agency Development Manager in New Delhi

Max Life Insurance Collections Executive Salary FAQs

Tell us how to improve this page.

Max Life Insurance Collections Executive Salaries by Location