Max Life Insurance Insurance Officer Salaries by 5 Employees (Updated 2025)

0 - 6 years exp.

₹2.5 Lakhs - ₹4.3 Lakhs

Low Confidence

Salary of majority employees

18% more than the average Insurance Officer Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Insurance Officer Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.6 L/yr
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BFSI, Investments & Trading Insurance Officer Salary 2 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4 L/yr

Last Updated: 3 Aug 2024

Companies similar to Max Life Insurance for Insurance Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Insurance Officer Salary 0 - 10 years exp. (7 salaries)	₹2.3 L/yr - ₹4.3 L/yr 7% more
HDFC Life Insurance Officer Salary 1 - 3 years exp. (6 salaries)	₹2.5 L/yr - ₹3.2 L/yr 9% less
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Bajaj Allianz Life Insurance Insurance Officer Salary 0 - 5 years exp. (7 salaries)	₹2 L/yr - ₹4 L/yr 20% less
Reliance Nippon Life Insurance Insurance Officer Salary 0 - 12 years exp. (5 salaries)	₹1 L/yr - ₹3.5 L/yr 38% less
Tata AIA Life Insurance Insurance Officer Salary 2 - 5 years exp. (4 salaries)	₹2.6 L/yr - ₹4 L/yr 15% less
Aditya Birla Sun Life Insurance Insurance Officer Salary 0 - 2 years exp. (4 salaries)	₹1.3 L/yr - ₹3.5 L/yr 28% less
PNB MetLife Insurance Officer Salary 0 - 4 years exp. (32 salaries)	₹1.5 L/yr - ₹4 L/yr 23% less	24 job openings
Life Insurance Corporation of India Insurance Officer Salary 1 - 11 years exp. (6 salaries)	₹1.5 L/yr - ₹8.5 L/yr 85% more
Star Union Dai-ichi Life Insurance Insurance Officer Salary 0 - 6 years exp. (42 salaries)	₹1.8 L/yr - ₹3.9 L/yr 26% less
Cholamandalam MS General Insurance Insurance Officer Salary 0 - 7 years exp. (29 salaries)	₹1.1 L/yr - ₹5 L/yr 6% less
Bajaj Allianz General Insurance Insurance Officer Salary 0 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹3 L/yr 35% less
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United India Insurance Company Insurance Officer Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 22% less
Star Health & Allied Insurance Insurance Officer Salary 1 - 8 years exp. (4 salaries)	₹2 L/yr - ₹3.4 L/yr 22% less
Shriram Life Insurance Insurance Officer Salary 1 - 6 years exp. (3 salaries)	₹1.5 L/yr - ₹2.8 L/yr 33% less
ICICI Lombard General Insurance Company Insurance Officer Salary 1 - 8 years exp. (3 salaries)	₹1.8 L/yr - ₹4.5 L/yr 17% less
Royal Sundaram General Insurance Insurance Officer Salary 1 - 8 years exp. (3 salaries)	₹1.8 L/yr - ₹6 L/yr 21% more
The New India Assurance Co. Insurance Officer Salary 0 - 1 year exp. (3 salaries)	₹1.8 L/yr - ₹2 L/yr 43% less

Insurance Officer salary at Max Life Insurance ranges between ₹2.5 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Insurance Officer salaries

Last Updated: 3 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹7.7 L/yr
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.3 L/yr
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2 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹6.6 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.6 L/yr

View all

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Salary related reviews for Max Life Insurance

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.

Salary - Bad

+6 more

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

Salary - Excellent

+4 more

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.

Salary - Excellent

+4 more

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

Salary - Excellent

+6 more

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.

Operations Executive in Howrah

Operations Department

5.0

• posted on 02 Jun 2021

4.0

for Salary and Benefits

Likes

Very good company for both personal and professional growth.Employee centric.Friendly environment.Colleagues and seniors are very much co-operative which is very helpful for a new joinee.I shared a great relation with them.A very much customer oriented company when it comes to service.

Salary - Good

+6 more

Dislikes

Salary structure needs to improve for an off-role employee else everything is fine.

see more salary related reviews

Discover interview dos and don'ts from real experiences

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 Insurance Officer Salary FAQs

What is the salary of Insurance Officer at Max Life Insurance?

Insurance Officer salary at Max Life Insurance in India ranges between ₹2.5 Lakhs to ₹4.3 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 18% more than the average Insurance Officer 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 Insurance Officer at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Insurance Officer at Max Life Insurance is 18% more than the average salary of a Insurance Officer in India. To know exact salary insights, login to view.

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

Life Insurance Corporation of India Insurance Officer Salary - ₹1.5 Lakhs to ₹8.5 Lakhs per year
Royal Sundaram General Insurance Insurance Officer Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance Insurance Officer Salary - ₹2.3 Lakhs to ₹4.3 Lakhs per year

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

Cholamandalam MS General Insurance Insurance Officer Salary - ₹1.1 Lakhs to ₹5.0 Lakhs per year
HDFC Life Insurance Officer Salary - ₹2.5 Lakhs to ₹3.2 Lakhs per year
Tata AIA Life Insurance Insurance Officer Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
ICICI Lombard General Insurance Company Insurance Officer Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz Life Insurance Insurance Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Insurance Officer at Max Life Insurance ranges between ₹24,437 per month to ₹25,884 per month in India. The take-home salary calculation is based on the average Max Life Insurance Insurance Officer salary in India which ranges between ₹2.5 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Insurance Officer at Max Life Insurance?

According to AmbitionBox, 67% of the Max Life Insurance Insurance Officers reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Max Life Insurance Insurance Officer Salaries

Max Life Insurance Insurance Officer salary in India ranges between ₹2.5 Lakhs to ₹4.3 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.