Axis Max Life Insurance Collections Executive Salaries by 5 Employees

0 - 2 years exp.

₹1.2 Lakh - ₹2.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

35% 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 Axis Max Life Insurance for Collections Executive

Company name	Avg Annual Salary	Open Jobs
Cholamandalam MS General Insurance Collections Executive Salary 1 - 4 years exp. (14 salaries)	₹1.8 L/yr - ₹3.4 L/yr 45% more
Reliance Nippon Life Insurance Collections Executive Salary 0 - 5 years exp. (6 salaries)	₹1.2 L/yr - ₹2.2 L/yr 2% less
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Life Insurance Corporation of India Collections Executive Salary 1 - 6 years exp. (5 salaries)	₹1.2 L/yr - ₹2.2 L/yr 11% more
Star Union Dai-ichi Life Insurance Collections Executive Salary 2 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹4.5 L/yr 75% more
Shriram Life Insurance Collections Executive Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹1.9 L/yr 2% more
ICICI Prudential Life Insurance Collections Executive Salary 1 - 2 years exp. (3 salaries)	₹0.1 L/yr - ₹0.2 L/yr 92% less
Bajaj Allianz Life Insurance Collections Executive Salary 1 - 8 years exp. (3 salaries)	₹1.5 L/yr - ₹2.5 L/yr 7% more
HDFC Life Collections Executive Salary 0 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹2 L/yr 2% less

Collections Executive salary at Axis 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 Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Collections Executive salaries

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
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2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

Salary related reviews for Axis Max Life Insurance

Agency Development Manager in Kollam

Full Time

Sales & Business Development Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Second Saturday and Sunday, third Saturday and Sundays are off. No other perks.

Dislikes

... from you. More than 5 persons already left the office with their toxic culture. Don't trust their words during interview they will give a package which is lesser than your current ctc and will give excuses as you will earn promotions in a fast track mode. nothing doing you will not meet their unrealistic targets. Hope my review will help future comers. thank you.

Salary - Poor

+6 more

Assistant Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Feb 2025

2.0

for Salary and Benefits

Likes

The thing is like about max life insurance is salary credit is on time and 2nd and 3rd Saturday is also weekoff.

Dislikes

...they expect high level quality work from employees. Worst management and system. Field work also involved in the low salary. 2 field visit per day.

Salary - Poor

+5 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

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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 Collections Executive Salary FAQs

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

The average salary of a Collections Executive at Axis Max Life Insurance in India typically ranges from ₹1.2 Lakhs to ₹2.5 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Collections Executive at Axis Max Life Insurance earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Collections Executive Salaries at Axis Max Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Collections Executive at Axis Max Life Insurance in India typically ranges from ₹11,533 to ₹12,800 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from Fresher to 2 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Max Life Insurance for Collections Executive in India?

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

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.

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

The salary of a Collections Executive at companies similar to Axis Max Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

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

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
Fresher	₹1.0 Lakhs to ₹1.3 Lakhs per year
1 year	₹1.4 Lakhs to ₹1.8 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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Axis Max Life Insurance Collections Executive Salaries by Location

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Axis Max Life Insurance Collections Executive Salaries

Axis 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 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Collections Executive salaries in India

Companies similar to Axis Max Life Insurance for Collections Executive

Latest annual salaries shared by Axis Max Life Insurance Collections Executive

Experience wise Axis Max Life Insurance Collections Executive salaries

Salary related reviews for Axis Max Life Insurance

Agency Development Manager in Kollam

Assistant Manager in New Delhi

Data Scientist in Gurgaon / Gurugram

Relationship Associate in Raipur

Associate Sales Manager in Mumbai

Axis Max Life Insurance Collections Executive Salary FAQs

Tell us how to improve this page.

Axis Max Life Insurance Collections Executive Salaries by Location