Max Life Insurance Insurance Officer Salaries by 5 Employees (Updated 2024)

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 - 4 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 - 6 years exp. (6 salaries)	₹2 L/yr - ₹4 L/yr 17% 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 - 3 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 22% less	3 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 8% 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 - 5 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 22% less
Star Health & Allied Insurance Insurance Officer Salary 1 - 9 years exp. (4 salaries)	₹2 L/yr - ₹3.4 L/yr 23% 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 - 9 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

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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.

Sales Manager in New Delhi

Full Time

Sales Department

2.0

• posted on 26 Nov 2022

2.0

for Salary and Benefits

Likes

...hing About Likes and dislike as company is not my Girlfriend or spouse to love There is only one rule once you perform for any company company will pay. Once you are not favourite for your manager you have to leave the company. No employee want to change the job real truth is employee change their manager.

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.

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

see more salary related reviews

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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
Bajaj Allianz Life Insurance Insurance Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
ICICI Lombard General Insurance Company Insurance Officer Salary - ₹1.8 Lakhs to ₹4.5 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.