Max Life Insurance Compliance Manager Salaries by 7 Employees (Updated 2024)

8 - 11 years exp.

₹8.2 Lakhs - ₹12.5 Lakhs

Low Confidence

Salary of majority employees

26% less than the average Compliance Manager Salary in Insurance Companies for 8 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Compliance Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.2 L/yr
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Finance & Accounting Compliance Manager Salary 8 - 11 years exp. (AmbitionBox Estimate)	₹10.2 L/yr - ₹12.5 L/yr

Last Updated: 3 Jun 2023

Companies similar to Max Life Insurance for Compliance Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Compliance Manager Salary 4 - 10 years exp. (3 salaries)	₹8 L/yr - ₹11 L/yr 3% less
HDFC Life Compliance Manager Salary 7 - 8 years exp. (4 salaries)	₹8 L/yr - ₹16.5 L/yr 6% more
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Reliance Nippon Life Insurance Compliance Manager Salary 6 - 7 years exp. (3 salaries)	₹14.8 L/yr - ₹15 L/yr 48% more
Tata AIA Life Insurance Compliance Manager Salary 7 - 20 years exp. (10 salaries)	₹13 L/yr - ₹18.2 L/yr 53% more	1 job opening
Aviva Life Insurance India Compliance Manager Salary 4 - 17 years exp. (5 salaries)	₹7.5 L/yr - ₹9 L/yr 15% less
SBI General Insurance Compliance Manager Salary 3 - 11 years exp. (5 salaries)	₹4.8 L/yr - ₹7.7 L/yr 35% less
Cholamandalam MS General Insurance Compliance Manager Salary 15 - 17 years exp. (3 salaries)	₹10.2 L/yr - ₹13 L/yr 13% more

Compliance Manager salary at Max Life Insurance ranges between ₹8.2 Lakhs to ₹12.5 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 7 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Compliance Manager salaries

Last Updated: 3 Jun 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹12.5 L/yr
9 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10 L/yr
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10 years (AmbitionBox Estimate)	₹9 L/yr - ₹10.2 L/yr
11 years (AmbitionBox Estimate)	₹4 L/yr - ₹10.2 L/yr

Similar Designation salaries in Max Life Insurance

Compliance Officer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Chief Manager Salary

(166 salaries)

₹11.97 L/yr - ₹37.9 L/yr

Compliance Executive Salary

(7 salaries)

₹3 L/yr - ₹4 L/yr

Deputy Manager Salary

(765 salaries)

₹2.4 L/yr - ₹9 L/yr

Company Secretary Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Deputy General Manager Salary

(3 salaries)

₹2.6 L/yr - ₹4.85 L/yr

Proprietor Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Accountant Salary

(5 salaries)

₹2 L/yr - ₹3.6 L/yr

Senior Associate Salary

(25 salaries)

₹2.05 L/yr - ₹6.8 L/yr

Top skills at Max Life Insurance for Compliance Manager

Compliance Corporate Law Investigation Compliance Legal Risk Management Compliance Management SEBI Auditing Communication Protocols Law Third Party Branch Offices Legal

Salary related reviews for Max Life Insurance

4.1

Rated by 2 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.

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.

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.

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Salary Discussions, Hike & Promotions

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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Max Life Insurance Compliance Manager Salary FAQs

What is the salary of Compliance Manager at Max Life Insurance?

Compliance Manager salary at Max Life Insurance in India ranges between ₹8.2 Lakhs to ₹12.5 Lakhs for experience between 8 years to 11 years. According to our estimates it is 26% less than the average Compliance Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Compliance Manager at Max Life Insurance is 26% less than the average salary of a Compliance Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Compliance Manager at Max Life Insurance?

Compliance, Corporate Law, Investigation, Compliance and Legal are some of the popular skills required to work as a Compliance Manager at Max Life Insurance India.

Which similar companies are paying more than Max Life Insurance to a Compliance Manager in India?

Tata AIA Life Insurance Compliance Manager Salary - ₹13.0 Lakhs to ₹18.2 Lakhs per year
Reliance Nippon Life Insurance Compliance Manager Salary - ₹14.8 Lakhs to ₹15.0 Lakhs per year
Cholamandalam MS General Insurance Compliance Manager Salary - ₹10.2 Lakhs to ₹13.0 Lakhs per year
HDFC Life Compliance Manager Salary - ₹8.0 Lakhs to ₹16.5 Lakhs per year

What is the salary of a Compliance Manager in companies similar to Max Life Insurance in India?

ICICI Prudential Life Insurance Compliance Manager Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
Aviva Life Insurance India Compliance Manager Salary - ₹7.5 Lakhs to ₹9.0 Lakhs per year
SBI General Insurance Compliance Manager Salary - ₹4.8 Lakhs to ₹7.7 Lakhs per year

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

The estimated take-home salary of a Compliance Manager at Max Life Insurance ranges between ₹72,127 per month to ₹73,987 per month in India. The take-home salary calculation is based on the average Max Life Insurance Compliance Manager salary in India which ranges between ₹8.2 Lakhs to ₹12.5 Lakhs per year for employees with experience between 8 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Compliance Manager at Max Life Insurance?

According to AmbitionBox, 50% of the Max Life Insurance Compliance Managers reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Max Life Insurance Compliance Manager Salaries

Max Life Insurance Compliance Manager salary in India ranges between ₹8.2 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Max Life Insurance latest salaries received from various employees of Max Life Insurance.