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4.1

based on 5.1k Reviews

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Max Life Insurance Salaries in Mumbai

based on 1.5k latest salaries
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BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
0 - 12 years exp. · Mumbai (120 salaries)
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₹2.4 L/yr - ₹6.5 L/yr

33 job openings
0 - 9 years exp. · Mumbai (73 salaries)
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₹2.5 L/yr - ₹5 L/yr

20 job openings
0 - 6 years exp. · Mumbai (70 salaries)
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₹1.9 L/yr - ₹4 L/yr

20 job openings
0 - 10 years exp. · Mumbai (69 salaries)
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₹2.3 L/yr - ₹6 L/yr

4 job openings
Starting your career? Discover Max Life Insurance fresher salaries in India
0 - 10 years exp. · Mumbai (69 salaries)
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₹2.3 L/yr - ₹4.5 L/yr

43 job openings
0 - 12 years exp. · Mumbai (69 salaries)
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₹3.2 L/yr - ₹7.7 L/yr

17 job openings
2 - 8 years exp. · Mumbai (51 salaries)
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₹3.4 L/yr - ₹5.5 L/yr

1 job opening
3 - 11 years exp. · Mumbai (47 salaries)
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₹4 L/yr - ₹6.5 L/yr

0 - 8 years exp. · Mumbai (32 salaries)
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₹2 L/yr - ₹7 L/yr

8 job openings
7 - 15 years exp. · Mumbai (28 salaries)
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₹5 L/yr - ₹11.2 L/yr

8 job openings
6 - 14 years exp. · Mumbai (26 salaries)
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₹6 L/yr - ₹11.9 L/yr

10 job openings
3 - 14 years exp. · Mumbai (23 salaries)
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₹3.5 L/yr - ₹6 L/yr

11 - 23 years exp. · Mumbai (21 salaries)
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₹18.5 L/yr - ₹45 L/yr

2 job openings
1 - 8 years exp. · Mumbai (20 salaries)
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₹2.5 L/yr - ₹4.5 L/yr

1 job opening
4 - 10 years exp. · Mumbai (18 salaries)
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₹3.7 L/yr - ₹9 L/yr

1 job opening
6 - 15 years exp. · Mumbai (18 salaries)
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₹5.1 L/yr - ₹13.9 L/yr

1 job opening
13 - 20 years exp. · Mumbai (14 salaries)
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₹12.6 L/yr - ₹30 L/yr

5 job openings
6 - 17 years exp. · Mumbai (14 salaries)
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₹6.2 L/yr - ₹15 L/yr

1 job opening
2 - 10 years exp. · Mumbai (14 salaries)
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₹4 L/yr - ₹7 L/yr

8 job openings
9 - 16 years exp. · Mumbai (11 salaries)
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₹7.3 L/yr - ₹12 L/yr

1 job opening

Last Updated: 14 Jan, 2025

Salary related reviews for Max Life Insurance

3.6

Rated by 222 employees for salary & benefits

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.

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Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 03 Jul 2023

1.0
 for  Salary and Benefits

Likes

Nothing for like except employee exploitation, MLI is a ideal for employee exploitation.

Dislikes

Worst experience, not having value and respect of employees. Salary paid by the company to me was to much low as per industrial standards. I was accept only due to COVID situation. They take advantage of the situation and committed me 30% degraded salary as per the previous organization and after the month provided me 50% LESS salary. Then gave me again false commitment of salatlry increasing here after end of probation period of 6 months, then at end of the probation not any changes in salary but so many time changes in location of work without traveling allowance. All fake hierarchy levels in MLI.

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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

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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.

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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.

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see more salary related reviews

Max Life Insurance Salary FAQs

How much does Max Life Insurance pay per year?
The average Max Life Insurance salary ranges from approximately ₹0.2 Lakh to ₹2.1 Lakhs per year for a Tele Caller and ₹97 Lakhs to ₹1 Crore per year for a Senior Vice President. Salary estimates are based on 1.5k Max Life Insurance salaries received from various employees of Max Life Insurance. Max Life Insurance employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in Max Life Insurance?
The highest-paying job at Max Life Insurance is a Senior Vice President with a salary of ₹97 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹14.14 lakhs per year. The top 1% earn more than a whopping ₹40.19 lakhs per year.
What is the minimum salary in Max Life Insurance?
Minimum salary at Max Life Insurance depends on the role you are applying for. For Relationship Associate the minimum salary is ₹1.5 Lakh to ₹4.4 Lakhs per year, and for Associate Sales Manager the minimum salary is ₹2.1 Lakhs to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Max Life Insurance?
The average salary at Max Life Insurance for freshers varies from ₹0.2 Lakh to ₹2 Lakhs per year for Tele Caller and ₹7.5 Lakhs to ₹12 Lakhs per year for Artificial Intelligence Analyst.
What is the notice period at Max Life Insurance in Mumbai?
According to AmbitionBox, 33% of the Max Life Insurance employees in Mumbai reported a notice period of 2 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 977 responses on AmbitionBox in last 2 years.

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Average annual salary in Max Life Insurance , Mumbai is INRunlock blur . Salary estimates are based on 1.5k Max Life Insurance latest salaries received from various employees of Max Life Insurance.

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