Max Life Insurance Operations Associate Salaries by 5 Employees (Updated 2024)

2 - 5 years exp.

₹2.3 Lakhs - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Operations Associate Salary in Insurance Companies for 2 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Associate Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.5 L/yr
Human Resources Operations Associate Salary 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.7 L/yr
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Administration & Facilities Operations Associate Salary 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 1 Jun 2024

Companies similar to Max Life Insurance for Operations Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Operations Associate Salary 1 - 4 years exp. (32 salaries)	₹2.1 L/yr - ₹3.5 L/yr 4% more
HDFC Life Operations Associate Salary 1 - 5 years exp. (16 salaries)	₹1.8 L/yr - ₹4.5 L/yr 8% more
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SBI Life Insurance Company Operations Associate Salary 0 - 6 years exp. (109 salaries)	₹1.5 L/yr - ₹5 L/yr 2% more
Bajaj Allianz Life Insurance Operations Associate Salary 5 - 16 years exp. (3 salaries)	₹5 L/yr - ₹23 L/yr 303% more
Kotak Mahindara Life Insurance Operations Associate Salary 1 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹3.5 L/yr 18% less
Aditya Birla Sun Life Insurance Operations Associate Salary 0 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 2% more
PNB MetLife Operations Associate Salary 0 - 19 years exp. (4 salaries)	₹2 L/yr - ₹19 L/yr 137% more
Bajaj Allianz General Insurance Operations Associate Salary 0 - 3 years exp. (6 salaries)	₹1.7 L/yr - ₹3.1 L/yr 17% less
SBI General Insurance Operations Associate Salary 0 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 16% more
ICICI Lombard General Insurance Company Operations Associate Salary 1 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹3.5 L/yr 14% less
Royal Sundaram General Insurance Operations Associate Salary 1 - 10 years exp. (4 salaries)	₹3 L/yr - ₹5.1 L/yr 36% more
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Cholamandalam MS General Insurance Operations Associate Salary 1 - 4 years exp. (4 salaries)	₹1 L/yr - ₹8.8 L/yr 36% more
HDFC Ergo General Insurance Operations Associate Salary 0 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹5 L/yr 46% more
Care Health Insurance Operations Associate Salary 1 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 21% less
Allianz Operations Associate Salary 0 - 1 year exp. (3 salaries)	₹1.6 L/yr - ₹3 L/yr 13% less

Operations Associate salary at Max Life Insurance ranges between ₹2.3 Lakhs to ₹4.1 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Operations Associate salaries

Last Updated: 1 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.6 L/yr
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4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 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.

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

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

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.

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

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.

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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 Operations Associate Salary FAQs

What is the salary of Operations Associate at Max Life Insurance?

Operations Associate salary at Max Life Insurance in India ranges between ₹2.3 Lakhs to ₹4.1 Lakhs for experience between 2 years to 5 years. According to our estimates it is 23% less than the average Operations Associate 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 Operations Associate at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Operations Associate at Max Life Insurance is 23% less than the average salary of a Operations Associate in India. To know exact salary insights, login to view.

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

Bajaj Allianz Life Insurance Operations Associate Salary - ₹5.0 Lakhs to ₹23.0 Lakhs per year
PNB MetLife Operations Associate Salary - ₹2.0 Lakhs to ₹19.0 Lakhs per year
HDFC Ergo General Insurance Operations Associate Salary - ₹3.6 Lakhs to ₹5.0 Lakhs per year
Royal Sundaram General Insurance Operations Associate Salary - ₹3.0 Lakhs to ₹5.1 Lakhs per year
Cholamandalam MS General Insurance Operations Associate Salary - ₹1.0 Lakhs to ₹8.8 Lakhs per year

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

SBI General Insurance Operations Associate Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
HDFC Life Operations Associate Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance Operations Associate Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year
Aditya Birla Sun Life Insurance Operations Associate Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
SBI Life Insurance Company Operations Associate Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Operations Associate at Max Life Insurance ranges between ₹20,680 per month to ₹22,333 per month in India. The take-home salary calculation is based on the average Max Life Insurance Operations Associate salary in India which ranges between ₹2.3 Lakhs to ₹4.1 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Operations Associate at Max Life Insurance?

According to AmbitionBox, 100% of the Max Life Insurance Operations Associates reported a notice period of More than 3 months.This is based on 1 response on AmbitionBox in last 2 years.

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Max Life Insurance Operations Associate Salaries

Max Life Insurance Operations Associate salary in India ranges between ₹2.3 Lakhs to ₹4.1 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.