Max Life Insurance Deputy Manager Operations Salaries by 40+ Employees (Updated 2025)

6 - 17 years exp.

₹3.8 Lakhs - ₹6.5 Lakhs

Salary of majority employees

36% less than the average Deputy Manager Operations Salary in Insurance Companies for 6 - 17 years of experience

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Salaries in different departments

Customer Success, Service & Operations Deputy Manager Operations Salary 7 - 17 years exp. (15 salaries)	₹4.1 L/yr - ₹6.5 L/yr
BFSI, Investments & Trading Deputy Manager Operations Salary 6 - 17 years exp. (14 salaries)	₹3.8 L/yr - ₹6.5 L/yr
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Data Science & Analytics Deputy Manager Operations Salary 6 - 10 years exp. (5 salaries)	₹4.4 L/yr - ₹6.2 L/yr

Last Updated: 1 Dec 2024

Companies similar to Max Life Insurance for Deputy Manager Operations

Company name	Avg Annual Salary	Open Jobs
HDFC Life Deputy Manager Operations Salary 5 - 15 years exp. (23 salaries)	₹4.6 L/yr - ₹9.5 L/yr 39% more
SBI Life Insurance Company Deputy Manager Operations Salary 3 - 17 years exp. (4 salaries)	₹4 L/yr - ₹9 L/yr 28% more
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Bajaj Allianz Life Insurance Deputy Manager Operations Salary 3 - 18 years exp. (14 salaries)	₹6.3 L/yr - ₹9.3 L/yr 57% more
Kotak Mahindara Life Insurance Deputy Manager Operations Salary 4 - 9 years exp. (66 salaries)	₹3 L/yr - ₹5 L/yr 18% less
Reliance Nippon Life Insurance Deputy Manager Operations Salary 9 - 15 years exp. (5 salaries)	₹5.2 L/yr - ₹16 L/yr 80% more
Aditya Birla Sun Life Insurance Deputy Manager Operations Salary 10 - 13 years exp. (4 salaries)	₹3.4 L/yr - ₹6 L/yr 5% less
PNB MetLife Deputy Manager Operations Salary 11 - 15 years exp. (4 salaries)	₹5.5 L/yr - ₹7.7 L/yr 32% more
HDFC Ergo General Insurance Deputy Manager Operations Salary 7 - 12 years exp. (13 salaries)	₹5 L/yr - ₹7 L/yr 6% more
Aviva Life Insurance India Deputy Manager Operations Salary 10 - 15 years exp. (7 salaries)	₹5.5 L/yr - ₹6.5 L/yr 21% more
Shriram Life Insurance Deputy Manager Operations Salary 4 - 17 years exp. (7 salaries)	₹3.7 L/yr - ₹6.4 L/yr 7% less
Bajaj Allianz General Insurance Deputy Manager Operations Salary 9 - 18 years exp. (5 salaries)	₹7.3 L/yr - ₹11.5 L/yr 81% more
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Star Health & Allied Insurance Deputy Manager Operations Salary 10 - 13 years exp. (6 salaries)	₹4.2 L/yr - ₹6.2 L/yr 10% more
Allianz Deputy Manager Operations Salary 10 - 16 years exp. (5 salaries)	₹7.5 L/yr - ₹12 L/yr 94% more
ManipalCigna Health Insurance Deputy Manager Operations Salary 5 - 17 years exp. (5 salaries)	₹5 L/yr - ₹8 L/yr 28% more
Magma HDI General Insurance Deputy Manager Operations Salary 12 - 16 years exp. (4 salaries)	₹5.8 L/yr - ₹7.8 L/yr 35% more

Deputy Manager Operations salary at Max Life Insurance ranges between ₹3.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 40 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Deputy Manager Operations salaries

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
6 years (3 salaries)	₹4.1 L/yr - ₹6.2 L/yr
7 years (3 salaries)	₹4.1 L/yr - ₹6.2 L/yr
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8 years (5 salaries)	₹5 L/yr - ₹6.2 L/yr
9 years (4 salaries)	₹4.2 L/yr - ₹6.2 L/yr
10 years (4 salaries)	₹4.3 L/yr - ₹6 L/yr
11 years (3 salaries)	₹4.3 L/yr - ₹5.7 L/yr
12 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.5 L/yr
13 years (5 salaries)	₹3.8 L/yr - ₹6.5 L/yr
14 years (3 salaries)	₹4.2 L/yr - ₹6 L/yr
15+ years (9 salaries)	₹3.8 L/yr - ₹6.2 L/yr

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From

Deputy Manager Operations

₹

Lakhs/yr

6 - 17 years exp.

Assistant Vice President

₹

Lakhs/yr

8 - 23 years exp.

Deputy Manager Operations 6 - 17 years exp.

Operations Manager 1 - 16 years exp.

23% hike

Senior Manager 4 - 17 years exp.

153% hike

From

1 more level

Deputy Manager Operations

6 - 17 years exp.

Senior Operations Manager

12 - 17 years exp.

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Top skills at Max Life Insurance for Deputy Manager Operations

Operations Customer Service Relationship Management Customer Retention Office Management Financial Services Auditing Claims MIS Underwriting Banking Customer Service Relationship Management Claims Adjudication Medical Underwriting

Salary related reviews for Max Life Insurance

4.0

Rated by 11 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.

Aadm in Ghaziabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

Salary come on time

Dislikes

...ing is a drama, just photo session. If you want a support just drama of support. They will ask you to invest your salary for different things Go's meeting, Trips, advertising, pamphlet, etc no conveyance for field work. Half of the salary goes in faltu and than after doing 16 hrs 7days a week work they tell that barat main aaya hai.. so it's better you do a labour job of 8 hrs and Get 500 Rs. Per day.

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

Dislikes

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

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

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

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Max Life Insurance Deputy Manager Operations Salary FAQs

What is the salary of Deputy Manager Operations at Max Life Insurance?

Deputy Manager Operations salary at Max Life Insurance in India ranges between ₹3.8 Lakhs to ₹6.5 Lakhs for experience between 6 years to 17 years. According to our estimates it is 36% less than the average Deputy Manager Operations Salary in India. Salary estimates are based on 40 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Deputy Manager Operations at Max Life Insurance is 36% less than the average salary of a Deputy Manager Operations in India. To know exact salary insights, login to view.

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

Operations, Customer Service, Relationship Management, Customer Retention and Office Management are some of the popular skills required to work as a Deputy Manager Operations at Max Life Insurance India.

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

Allianz Deputy Manager Operations Salary - ₹7.5 Lakhs to ₹12.0 Lakhs per year
Bajaj Allianz General Insurance Deputy Manager Operations Salary - ₹7.3 Lakhs to ₹11.5 Lakhs per year
Reliance Nippon Life Insurance Deputy Manager Operations Salary - ₹5.2 Lakhs to ₹16.0 Lakhs per year
Bajaj Allianz Life Insurance Deputy Manager Operations Salary - ₹6.3 Lakhs to ₹9.3 Lakhs per year
HDFC Life Deputy Manager Operations Salary - ₹4.6 Lakhs to ₹9.5 Lakhs per year

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

Magma HDI General Insurance Deputy Manager Operations Salary - ₹5.8 Lakhs to ₹7.8 Lakhs per year
PNB MetLife Deputy Manager Operations Salary - ₹5.5 Lakhs to ₹7.7 Lakhs per year
SBI Life Insurance Company Deputy Manager Operations Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
ManipalCigna Health Insurance Deputy Manager Operations Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
Aviva Life Insurance India Deputy Manager Operations Salary - ₹5.5 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a Deputy Manager Operations at Max Life Insurance ranges between ₹37,746 per month to ₹38,945 per month in India. The take-home salary calculation is based on the average Max Life Insurance Deputy Manager Operations salary in India which ranges between ₹3.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 6 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Max Life Insurance Deputy Manager Operationss reported a notice period of 1 Month, 43% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Max Life Insurance Deputy Manager Operations Salaries

Max Life Insurance Deputy Manager Operations salary in India ranges between ₹3.8 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 Max Life Insurance latest salaries received from various employees of Max Life Insurance.