Max Life Insurance Deputy Underwriting Manager Salaries by 2 Employees (Updated 2025)

10 - 15 years exp.

₹7.9 Lakhs - ₹10.1 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

BFSI, Investments & Trading Deputy Underwriting Manager Salary 15 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr
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Healthcare & Life Sciences Deputy Underwriting Manager Salary 10 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹9 L/yr

Last Updated: 3 Oct 2024

Companies similar to Max Life Insurance for Deputy Underwriting Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Sun Life Insurance Deputy Underwriting Manager Salary 8 - 16 years exp. (3 salaries)	₹6 L/yr - ₹7.4 L/yr 24% less
PNB MetLife Deputy Underwriting Manager Salary 2 - 7 years exp. (4 salaries)	₹6.5 L/yr - ₹9.1 L/yr 16% less
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Star Health & Allied Insurance Deputy Underwriting Manager Salary 7 - 13 years exp. (3 salaries)	₹3.9 L/yr - ₹9 L/yr 24% less
Bajaj Finserv Deputy Underwriting Manager Salary 0 - 5 years exp. (5 salaries)	₹4 L/yr - ₹4.6 L/yr 54% less
Future Generali India Life Insurance Deputy Underwriting Manager Salary 16 - 17 years exp. (3 salaries)	₹10.9 L/yr - ₹11 L/yr 21% more

Deputy Underwriting Manager salary at Max Life Insurance ranges between ₹7.9 Lakhs to ₹10.1 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 2 latest salaries received from various employees of Max Life Insurance.

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 Deputy Underwriting Manager Salary FAQs

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

According to AmbitionBox, 50% of the Max Life Insurance Deputy Underwriting 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 Deputy Underwriting Manager Salaries

Max Life Insurance Deputy Underwriting Manager salary in India ranges between ₹7.9 Lakhs to ₹10.1 Lakhs. This is an estimate based on latest salaries received from employees of Max Life Insurance.