Max Life Insurance Medical Underwriting Executive Salaries by 4 Employees (Updated 2025)

1 - 7 years exp.

₹1.5 Lakh - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

19% less than the average Medical Underwriting Executive Salary in Insurance Companies for 1 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Medical Underwriting Executive Salary 3 - 7 years exp. (3 salaries)	₹3.2 L/yr - ₹3.5 L/yr
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Risk Management & Compliance Medical Underwriting Executive Salary 1 year exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 1 Jan 2025

Companies similar to Max Life Insurance for Medical Underwriting Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Medical Underwriting Executive Salary 0 - 5 years exp. (3 salaries)	₹6 L/yr - ₹7.5 L/yr 128% more
InCHES Healthcare Medical Underwriting Executive Salary 0 - 1 year exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 10% less
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Exl India Medical Underwriting Executive Salary 1 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹2.7 L/yr 10% less
Niva Bupa Health Insurance Company Medical Underwriting Executive Salary 0 - 3 years exp. (3 salaries)	₹3.5 L/yr - ₹4.8 L/yr 42% more
SiviSoft Medical Underwriting Executive Salary 2 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 23% more

Medical Underwriting Executive salary at Max Life Insurance ranges between ₹1.5 Lakh to ₹3.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Medical Underwriting Executive salaries

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 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.

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

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.

Operations Executive in Ranchi

BFSI, Investments & Trading Department

5.0

• posted on 28 May 2019

5.0

for Salary and Benefits

Likes

Working with the max life insurance is such a great experience . My team leaders are very supportive , salary package is not to too but its okay, i have learned too many things there but work life balance is not too good

Salary - Excellent

+6 more

Dislikes

The thing that i dislike in working in max life insurance that is we all employee work every sunday but not even a single employee get compensation for the working on sunday.

see more salary related reviews

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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 Medical Underwriting Executive Salary FAQs

What is the salary of Medical Underwriting Executive at Max Life Insurance?

Medical Underwriting Executive salary at Max Life Insurance in India ranges between ₹1.5 Lakhs to ₹3.5 Lakhs for experience between 1 years to 7 years. According to our estimates it is 19% less than the average Medical Underwriting Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Medical Underwriting Executive at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Medical Underwriting Executive at Max Life Insurance is 19% less than the average salary of a Medical Underwriting Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance to a Medical Underwriting Executive in India?

ICICI Prudential Life Insurance Medical Underwriting Executive Salary - ₹6.0 Lakhs to ₹7.5 Lakhs per year
Niva Bupa Health Insurance Company Medical Underwriting Executive Salary - ₹3.5 Lakhs to ₹4.8 Lakhs per year
SiviSoft Medical Underwriting Executive Salary - ₹3.2 Lakhs to ₹4.0 Lakhs per year

What is the salary of a Medical Underwriting Executive in companies similar to Max Life Insurance in India?

Exl India Medical Underwriting Executive Salary - ₹2.5 Lakhs to ₹2.7 Lakhs per year
InCHES Healthcare Medical Underwriting Executive Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Medical Underwriting Executive at Max Life Insurance ranges between ₹20,293 per month to ₹21,952 per month in India. The take-home salary calculation is based on the average Max Life Insurance Medical Underwriting Executive salary in India which ranges between ₹1.5 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Medical Underwriting Executive at Max Life Insurance?

According to AmbitionBox, 75% of the Max Life Insurance Medical Underwriting Executives reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Max Life Insurance Medical Underwriting Executive Salaries

Max Life Insurance Medical Underwriting Executive salary in India ranges between ₹1.5 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Max Life Insurance latest salaries received from various employees of Max Life Insurance.