Axis Max Life Insurance Operations Manager Salaries by 40+ Employees (Updated 2025)

1 - 16 years exp.

₹2.2 Lakhs - ₹11 Lakhs

Avg. annual salary

Monthly In-hand Salary

45% less than the average Operations Manager Salary in Insurance Companies for 1 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Manager Salary 1 - 16 years exp. (21 salaries)	₹2.5 L/yr - ₹10.5 L/yr
BFSI, Investments & Trading Operations Manager Salary 2 - 14 years exp. (11 salaries)	₹3 L/yr - ₹8 L/yr
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Engineering - Software & QA Operations Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹7.7 L/yr
Product Management Operations Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹7.2 L/yr

Last Updated: 1 Mar 2025

Companies similar to Axis Max Life Insurance for Operations Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Operations Manager Salary 1 - 11 years exp. (286 salaries)	₹1.8 L/yr - ₹9 L/yr 27% less
ICICI Prudential Life Insurance Operations Manager Salary 1 - 15 years exp. (43 salaries)	₹1.5 L/yr - ₹7.5 L/yr 29% less
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SBI Life Insurance Company Operations Manager Salary 6 - 18 years exp. (44 salaries)	₹3.6 L/yr - ₹13 L/yr 34% more
HDFC Life Operations Manager Salary 1 - 17 years exp. (38 salaries)	₹1.5 L/yr - ₹10.4 L/yr 6% less
Kotak Mahindara Life Insurance Operations Manager Salary 1 - 13 years exp. (42 salaries)	₹2.7 L/yr - ₹9 L/yr 18% less
MetLife Operations Manager Salary 7 - 19 years exp. (22 salaries)	₹16.6 L/yr - ₹30.4 L/yr 275% more
Tata AIA Life Insurance Operations Manager Salary 0 - 18 years exp. (21 salaries)	₹6.5 L/yr - ₹15.6 L/yr 93% more
HDFC Ergo General Insurance Operations Manager Salary 6 - 14 years exp. (20 salaries)	₹2.3 L/yr - ₹9.6 L/yr 7% less
Bajaj Allianz Life Insurance Operations Manager Salary 4 - 19 years exp. (17 salaries)	₹3.5 L/yr - ₹15 L/yr 39% more
Cholamandalam MS General Insurance Operations Manager Salary 0 - 5 years exp. (14 salaries)	₹1 L/yr - ₹9 L/yr 31% less

View all

Operations Manager salary at Axis Max Life Insurance ranges between ₹2.2 Lakhs to ₹11 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 49 latest salaries received from various employees of Axis Max Life Insurance.

Latest annual salaries shared by Axis Max Life Insurance Operations Manager

3d ago

₹3 Lakhs

2 years exp.

2mo ago

₹4.9 Lakhs

9 years exp.

2mo ago

₹7.5 Lakhs

15 years exp.

2mo ago

₹3 Lakhs

1 year exp.

4mo ago

₹3.8 Lakhs

5 years exp.

4mo ago

3 years exp.

5mo ago

6 years exp.

6mo ago

2 years exp.

6mo ago

11 years exp.

7mo ago

16 years exp.

Experience wise Axis Max Life Insurance Operations Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹7.5 L/yr
2 years (4 salaries)	₹2.2 L/yr - ₹7.9 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹8.4 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.9 L/yr
5 years (3 salaries)	₹2.5 L/yr - ₹9.3 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹7.5 L/yr
7 years (4 salaries)	₹4.1 L/yr - ₹7.8 L/yr
8 years (5 salaries)	₹4 L/yr - ₹8 L/yr
9 years (5 salaries)	₹4.8 L/yr - ₹8.6 L/yr
10 years (3 salaries)	₹3.5 L/yr - ₹10.5 L/yr
11 years (3 salaries)	₹2.7 L/yr - ₹8.6 L/yr
12 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹10.5 L/yr
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹13 L/yr
14 years (4 salaries)	₹6.1 L/yr - ₹11 L/yr
15+ years (7 salaries)	₹7 L/yr - ₹10.1 L/yr

View all

From

Operations Manager

₹

Lakhs/yr

1 - 16 years exp.

Assistant Vice President

₹

Lakhs/yr

13 - 24 years exp.

Operations Manager

1 - 16 years exp.

Senior Manager

5 - 17 years exp.

204% hike

Chief Manager

13 - 20 years exp.

27% hike

From

Operations Manager

1 - 16 years exp.

Senior Operations Manager

12 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Axis Max Life Insurance

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Senior Operations Manager Salary

(17 salaries)

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Department Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Service Manager Salary

(6 salaries)

₹1.65 L/yr - ₹3.5 L/yr

Team Manager Salary

(9 salaries)

₹5.72 L/yr - ₹11.35 L/yr

Store Manager Salary

(3 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Branch Manager Salary

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₹7 L/yr - ₹14 L/yr

Area Manager Salary

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₹4.2 L/yr - ₹13 L/yr

Deputy Manager Salary

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₹2.4 L/yr - ₹9 L/yr

Program Manager Salary

(13 salaries)

₹6.15 L/yr - ₹25.12 L/yr

Top skills at Axis Max Life Insurance for Operations Manager

Operations Financial Services Customer Service Customer Retention Relationship Management Office Management Claims Auditing Banking MIS Branch Operations Process Documentation Underwriting Management Analytical skills

Salary related reviews for Axis Max Life Insurance

3.9

Rated by 18 employees for salary & benefits

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

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Dislikes

Salary - Bad
Job security - Bad

+4 more

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.

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

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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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Axis Max Life Insurance Operations Manager Salary FAQs

What is the salary of Operations Manager at Axis Max Life Insurance ?

The average salary of a Operations Manager at Axis Max Life Insurance in India typically ranges from ₹2.2 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 1 year to 16 years).

The top 10% of Operations Manager at Axis Max Life Insurance earn more than ₹8.8 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Operations Manager Salaries at Axis Max Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 40+ Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Operations Manager at Axis Max Life Insurance in India typically ranges from ₹46,048 to ₹47,140 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 1 year to 16 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 40+ salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Operations Manager at Axis Max Life Insurance ?

To be a Operations Manager at Axis Max Life Insurance in india, the key skills required include:

- Operations
- Financial Services
- Customer Service
- Customer Retention
- Relationship Management

These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Axis Max Life Insurance for Operations Manager in India?

MetLife	₹16.6 Lakhs to ₹30.4 Lakhs per year
Gallagher	₹15.9 Lakhs to ₹21.3 Lakhs per year
AIG	₹15.0 Lakhs to ₹16.0 Lakhs per year
Allianz	₹8.0 Lakhs to ₹23.0 Lakhs per year
Tata AIA Life Insurance	₹6.5 Lakhs to ₹15.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.

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

The salary of a Operations Manager at companies similar to Axis Max Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Magma HDI General Insurance	₹8.3 Lakhs to ₹11.1 Lakhs per year
Aviva Life Insurance India	₹5.0 Lakhs to ₹9.5 Lakhs per year
Bajaj Allianz Life Insurance	₹3.5 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company	₹3.6 Lakhs to ₹13.0 Lakhs per year
PNB MetLife	₹5.5 Lakhs to ₹11.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Operations Manager at Axis Max Life Insurance in India?

The salary growth for a Operations Manager at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at Axis Max Life Insurance:

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹7.5 Lakhs per year
2 years	₹2.2 Lakhs to ₹7.9 Lakhs per year
3 years	₹2.2 Lakhs to ₹8.4 Lakhs per year
4 years	₹3.0 Lakhs to ₹8.9 Lakhs per year

and so on.

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Axis Max Life Insurance Operations Manager Salaries by Location

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Axis Max Life Insurance Operations Manager Salaries

Axis Max Life Insurance Operations Manager salary in India ranges between ₹2.2 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 49 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Operations Manager salaries in India (Updated 2025)

Companies similar to Axis Max Life Insurance for Operations Manager

Latest annual salaries shared by Axis Max Life Insurance Operations Manager

Experience wise Axis Max Life Insurance Operations Manager salaries

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Operations Manager

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Business Development Manager in Meerut

Operations Executive in Howrah

Business Development Manager in Tirunelveli

Operations Executive in Ranchi

Axis Max Life Insurance Operations Manager Salary FAQs

Tell us how to improve this page.

Axis Max Life Insurance Operations Manager Salaries by Location