Max Life Insurance Management Consultant Salaries by 3 Employees (Updated 2025)

2 - 6 years exp.

₹21.3 Lakhs - ₹23 Lakhs

Low Confidence

Salary of majority employees

19% less than the average Management Consultant Salary in Insurance Companies for 2 - 6 years of experience

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Last Updated: 14 Sep 2024

Companies similar to Max Life Insurance for Management Consultant

Company name	Avg Annual Salary	Open Jobs
HDFC Life Management Consultant Salary 0 - 3 years exp. (3 salaries)	₹3 L/yr - ₹14 L/yr 70% less
ICICI Lombard General Insurance Company Management Consultant Salary 1 year exp. (3 salaries)	₹12 L/yr - ₹17 L/yr 32% less
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Accenture Management Consultant Salary 2 - 13 years exp. (2.9k salaries)	₹16 L/yr - ₹48 L/yr 40% more	1 job opening
PwC Management Consultant Salary 0 - 9 years exp. (497 salaries)	₹10 L/yr - ₹39.9 L/yr 7% more
IBM Management Consultant Salary 10 - 20 years exp. (412 salaries)	₹15 L/yr - ₹43 L/yr 43% more	1 job opening

Management Consultant salary at Max Life Insurance ranges between ₹21.3 Lakhs to ₹23 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Management Consultant salaries

Last Updated: 14 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹19.1 L/yr - ₹24.4 L/yr
5 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.5 L/yr
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6 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.5 L/yr

Similar Designation salaries in Max Life Insurance

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₹15.3 L/yr - ₹19.5 L/yr

Associate Consultant Salary

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₹2.4 L/yr - ₹4.2 L/yr

Management Trainee Salary

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₹16 L/yr - ₹22 L/yr

Business Analyst Salary

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Research Analyst Salary

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₹3.4 L/yr - ₹4.4 L/yr

Senior Analyst Salary

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₹5.8 L/yr - ₹18.01 L/yr

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₹2.65 L/yr - ₹12.5 L/yr

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₹2.6 L/yr - ₹9 L/yr

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

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

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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 Management Consultant Salaries

Max Life Insurance Management Consultant salary in India ranges between ₹21.3 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Max Life Insurance latest salaries received from various employees of Max Life Insurance.

Max Life Insurance Management Consultant salaries in India

Companies similar to Max Life Insurance for Management Consultant

Latest annual salaries shared by Max Life Insurance Management Consultant

Experience wise Max Life Insurance Management Consultant salaries

Similar Designation salaries in Max Life Insurance

Salary related reviews for Max Life Insurance

Deputy Manager in Kolkata

Data Scientist in Gurgaon / Gurugram

Relationship Associate in Raipur

Associate Sales Manager in Mumbai

Associate in Pune

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