Max Life Insurance Mumbai Operations Executive Salaries by 10 Employees (Updated 2025)

0 - 6 years exp.

₹1.2 Lakh - ₹2.9 Lakhs

Salary of majority employees

7% less than the average Operations Executive Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Executive Salary 0 - 3 years exp. (3 salaries)	₹1.2 L/yr - ₹2.9 L/yr
Customer Success, Service & Operations Operations Executive Salary 0 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹3.1 L/yr
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Finance & Accounting Operations Executive Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.9 L/yr
Administration & Facilities Operations Executive Salary 5 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr

Last Updated: 22 Jan 2025

Companies similar to Max Life Insurance for Operations Executive in Mumbai

Max Life Insurance Operations Executive Salary

0 - 6 years exp. (10 salaries)

₹1.2 L/yr - ₹2.9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Operations Executive Salary 3 - 7 years exp. (5 salaries)	₹2 L/yr - ₹4 L/yr 4% more
ICICI Prudential Life Insurance Operations Executive Salary 1 - 6 years exp. (13 salaries)	₹1.6 L/yr - ₹3.7 L/yr 5% less
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SBI Life Insurance Company Operations Executive Salary 6 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹5.5 L/yr 46% more
Bajaj Allianz Life Insurance Operations Executive Salary 0 - 8 years exp. (3 salaries)	₹2.6 L/yr - ₹3.5 L/yr 6% more
Tata AIA Life Insurance Operations Executive Salary 3 - 9 years exp. (24 salaries)	₹3 L/yr - ₹6.1 L/yr 62% more
Kotak Mahindara Life Insurance Operations Executive Salary 1 - 6 years exp. (9 salaries)	₹2.5 L/yr - ₹4.5 L/yr 13% more
Reliance Nippon Life Insurance Operations Executive Salary 1 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr At par
Bharti AXA Life Insurance Operations Executive Salary 2 - 8 years exp. (10 salaries)	₹2 L/yr - ₹4 L/yr 3% more
Aditya Birla Sun Life Insurance Operations Executive Salary 4 - 7 years exp. (3 salaries)	₹2.4 L/yr - ₹3.8 L/yr 4% less
PNB MetLife Operations Executive Salary 2 - 5 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 10% less
SBI General Insurance Operations Executive Salary 1 - 10 years exp. (33 salaries)	₹1.8 L/yr - ₹5 L/yr 12% more
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ICICI Lombard General Insurance Company Operations Executive Salary 1 - 8 years exp. (32 salaries)	₹1 L/yr - ₹4.3 L/yr 5% less
HDFC Ergo General Insurance Operations Executive Salary 3 - 8 years exp. (24 salaries)	₹1.8 L/yr - ₹4.1 L/yr 18% more
Cholamandalam MS General Insurance Operations Executive Salary 3 - 7 years exp. (8 salaries)	₹2 L/yr - ₹3.6 L/yr 15% less
Royal Sundaram General Insurance Operations Executive Salary 5 - 8 years exp. (5 salaries)	₹2.8 L/yr - ₹4.2 L/yr 20% more
Magma HDI General Insurance Operations Executive Salary 2 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 16% less
Bajaj Allianz General Insurance Operations Executive Salary 1 - 3 years exp. (3 salaries)	₹1.2 L/yr - ₹3.5 L/yr 7% less	2 job openings
ManipalCigna Health Insurance Operations Executive Salary 5 - 7 years exp. (3 salaries)	₹2.6 L/yr - ₹3.9 L/yr 18% more

Operations Executive salary at Max Life Insurance ranges between ₹1.2 Lakh to ₹2.9 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 10 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Operations Executive salaries in Mumbai

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.1 L/yr
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2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.2 L/yr
3 years (3 salaries)	₹1.2 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.2 L/yr

View all

From

Operations Executive

₹

Lakhs/yr

0 - 8 years exp.

Assistant Vice President

₹

Lakhs/yr

8 - 23 years exp.

Operations Executive 0 - 8 years exp.

Assistant Manager 0 - 10 years exp.

45% hike

Deputy Manager 0 - 12 years exp.

16% hike

Similar Designation salaries in Max Life Insurance

Relationship Manager Salary

(33 salaries)

₹2 L/yr - ₹7.03 L/yr

MIS Executive Salary

(9 salaries)

₹1.9 L/yr - ₹6 L/yr

Senior Officer Salary

(8 salaries)

₹2.05 L/yr - ₹2.67 L/yr

Customer Service Executive Salary

(4 salaries)

₹1.8 L/yr - ₹3.13 L/yr

Top skills at Max Life Insurance for Operations Executive

Excel Compliance WIP Customer Service Customer Retention Customer Service Operations Data Management Accounting Due Diligence Telecom Customer Experience Process Audit query Operations Monitoring

Salary related reviews for Max Life Insurance

2.0

Rated by 1 employees for salary & benefits

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.

Operations Executive in Gurgaon / Gurugram

Quality Assurance Department

5.0

• posted on 14 Aug 2020

4.0

for Salary and Benefits

Likes

.... It provide us WFH facilities which feels me secured during this pandemic time. Also I got my salary on time without any deductions which is a great thing during this survival period.

Salary - Good

+6 more

Dislikes

Nothing

Operations Executive in Gurgaon / Gurugram

Group Business Department

5.0

• posted on 15 Oct 2020

4.0

for Salary and Benefits

Likes

This is a very good company and good work environment or culture. Company policy are better, company pay salary and bonus time to time. This time i want job max life insurance

Salary - Good

+6 more

Dislikes

I have no any word about dislike this company

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

see more salary related reviews

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What people are saying about Max Life Insurance

View All

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 Operations Executive Salary FAQs

What is the salary of Operations Executive at Max Life Insurance Mumbai?

Operations Executive salary at Max Life Insurance in Mumbai ranges between ₹1.2 Lakhs to ₹2.9 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 7% less than the average Operations Executive Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Max Life Insurance Mumbai.

How does the salary of a Operations Executive at Max Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Operations Executive at Max Life Insurance is 7% less than the average salary of a Operations Executive in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Operations Executive at Max Life Insurance?

Excel, Compliance, WIP, Customer Service and Customer Retention are some of the popular skills required to work as a Operations Executive at Max Life Insurance Mumbai.

Which similar companies are paying more than Max Life Insurance to a Operations Executive in Mumbai?

Tata AIA Life Insurance Operations Executive Salary - ₹3.0 Lakhs to ₹6.1 Lakhs per year
SBI Life Insurance Company Operations Executive Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
Royal Sundaram General Insurance Operations Executive Salary - ₹2.8 Lakhs to ₹4.2 Lakhs per year
HDFC Ergo General Insurance Operations Executive Salary - ₹1.8 Lakhs to ₹4.1 Lakhs per year
ManipalCigna Health Insurance Operations Executive Salary - ₹2.6 Lakhs to ₹3.9 Lakhs per year

What is the salary of a Operations Executive in companies similar to Max Life Insurance in Mumbai?

Kotak Mahindara Life Insurance Operations Executive Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year
SBI General Insurance Operations Executive Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance Operations Executive Salary - ₹2.6 Lakhs to ₹3.5 Lakhs per year
HDFC Life Operations Executive Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Bharti AXA Life Insurance Operations Executive Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Operations Executive at Max Life Insurance ranges between ₹20,451 per month to ₹22,108 per month in Mumbai. The take-home salary calculation is based on the average Max Life Insurance Operations Executive salary in India which ranges between ₹1.2 Lakhs to ₹2.9 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 Operations Executive at Max Life Insurance in Mumbai?

According to AmbitionBox, 100% of the Max Life Insurance Operations Executives in Mumbai reported a notice period of 1 Month.This is based on 10 responses on AmbitionBox in last 2 years.

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Max Life Insurance Operations Executive Salaries in Mumbai

Max Life Insurance Operations Executive salary in Mumbai ranges between ₹1.2 Lakh to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Max Life Insurance latest salaries received from various employees of Max Life Insurance.