Max Life Insurance Operations Manager Salaries by 50+ Employees (Updated 2025)

1 - 16 years exp.

₹2.2 Lakhs - ₹11 Lakhs

Salary of majority employees

43% 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. (22 salaries)	₹2.5 L/yr - ₹10.5 L/yr
BFSI, Investments & Trading Operations Manager Salary 2 - 14 years exp. (12 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 - ₹7.8 L/yr
Product Management Operations Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹7.2 L/yr

Last Updated: 22 Dec 2024

Companies similar to Max Life Insurance for Operations Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Operations Manager Salary 1 - 17 years exp. (38 salaries)	₹1.5 L/yr - ₹10.4 L/yr 8% less
ICICI Prudential Life Insurance Operations Manager Salary 1 - 15 years exp. (45 salaries)	₹2.2 L/yr - ₹9 L/yr 25% less
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SBI Life Insurance Company Operations Manager Salary 6 - 17 years exp. (46 salaries)	₹3.6 L/yr - ₹13 L/yr 30% more
Bajaj Allianz Life Insurance Operations Manager Salary 4 - 19 years exp. (17 salaries)	₹3.5 L/yr - ₹15 L/yr 36% more
Tata AIA Life Insurance Operations Manager Salary 0 - 18 years exp. (21 salaries)	₹6.5 L/yr - ₹15.6 L/yr 90% more
Reliance Nippon Life Insurance Operations Manager Salary 5 - 16 years exp. (10 salaries)	₹2.9 L/yr - ₹3.9 L/yr 44% less
Kotak Mahindara Life Insurance Operations Manager Salary 1 - 13 years exp. (35 salaries)	₹2.7 L/yr - ₹8.5 L/yr 24% less
ICICI Lombard General Insurance Company Operations Manager Salary 2 - 11 years exp. (290 salaries)	₹1.8 L/yr - ₹7.9 L/yr 27% less
Care Health Insurance Operations Manager Salary 1 - 8 years exp. (123 salaries)	₹1.7 L/yr - ₹6.8 L/yr 45% less
HDFC Ergo General Insurance Operations Manager Salary 4 - 17 years exp. (38 salaries)	₹2.3 L/yr - ₹10 L/yr 14% less

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Operations Manager salary at 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 51 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Operations Manager salaries

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹7.6 L/yr
2 years (3 salaries)	₹2.2 L/yr - ₹8.1 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹9 L/yr
5 years (3 salaries)	₹2.5 L/yr - ₹9.5 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹7.5 L/yr
7 years (5 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 (4 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 - ₹13.2 L/yr
14 years (6 salaries)	₹6 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

8 - 23 years exp.

Operations Manager 1 - 16 years exp.

Senior Manager 3 - 17 years exp.

165% hike

Chief Manager 13 - 20 years exp.

41% hike

From

Operations Manager

1 - 16 years exp.

Senior Operations Manager

12 - 17 years exp.

Similar Designation salaries in Max Life Insurance

Relationship Manager Salary

(485 salaries)

₹1.1 L/yr - ₹7.03 L/yr

Senior Operations Manager Salary

(17 salaries)

₹8.15 L/yr - ₹17 L/yr

Department Manager Salary

(3 salaries)

₹4.1 L/yr - ₹5.5 L/yr

Service Manager Salary

(6 salaries)

₹1.65 L/yr - ₹3.5 L/yr

Team Manager Salary

(16 salaries)

₹5.75 L/yr - ₹20.3 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Branch Manager Salary

(142 salaries)

₹7 L/yr - ₹14 L/yr

Area Manager Salary

(296 salaries)

₹4.2 L/yr - ₹14.42 L/yr

Deputy Manager Salary

(767 salaries)

₹2.4 L/yr - ₹9 L/yr

Program Manager Salary

(12 salaries)

₹6.7 L/yr - ₹25.57 L/yr

Top skills at 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 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

+4 more
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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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 Operations Manager Salary FAQs

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

Operations Manager salary at Max Life Insurance in India ranges between ₹2.2 Lakhs to ₹11.0 Lakhs for experience between 1 years to 16 years. According to our estimates it is 43% less than the average Operations Manager Salary in India. Salary estimates are based on 51 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Operations Manager at Max Life Insurance is 43% less than the average salary of a Operations Manager in India. To know exact salary insights, login to view.

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

Operations, Financial Services, Customer Service, Customer Retention and Relationship Management are some of the popular skills required to work as a Operations Manager at Max Life Insurance India.

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

Gallagher Operations Manager Salary - ₹15.9 Lakhs to ₹21.3 Lakhs per year
AIG Operations Manager Salary - ₹15.0 Lakhs to ₹16.0 Lakhs per year
Allianz Operations Manager Salary - ₹8.0 Lakhs to ₹23.0 Lakhs per year
Tata AIA Life Insurance Operations Manager Salary - ₹6.5 Lakhs to ₹15.6 Lakhs per year
Magma HDI General Insurance Operations Manager Salary - ₹8.3 Lakhs to ₹11.1 Lakhs per year

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

Aviva Life Insurance India Operations Manager Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
Bajaj Allianz Life Insurance Operations Manager Salary - ₹3.5 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company Operations Manager Salary - ₹3.6 Lakhs to ₹13.0 Lakhs per year
PNB MetLife Operations Manager Salary - ₹5.5 Lakhs to ₹11.2 Lakhs per year
ManipalCigna Health Insurance Operations Manager Salary - ₹4.8 Lakhs to ₹7.7 Lakhs per year

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

The estimated take-home salary of a Operations Manager at Max Life Insurance ranges between ₹46,982 per month to ₹48,095 per month in India. The take-home salary calculation is based on the average Max Life Insurance Operations Manager salary in India which ranges between ₹2.2 Lakhs to ₹11.0 Lakhs per year for employees with experience between 1 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 40% of the Max Life Insurance Operations Managers reported a notice period of 1 Month, 27% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 45 responses on AmbitionBox in last 2 years.

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Max Life Insurance Operations Manager Salaries

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 51 Max Life Insurance latest salaries received from various employees of Max Life Insurance.

Max Life Insurance Operations Manager salaries in India

Companies similar to Max Life Insurance for Operations Manager

Latest annual salaries shared by Max Life Insurance Operations Manager

Experience wise Max Life Insurance Operations Manager salaries

Similar Designation salaries in Max Life Insurance

Top skills at Max Life Insurance for Operations Manager

Salary related reviews for 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

Max Life Insurance Operations Manager Salary FAQs

Tell us how to improve this page.

Max Life Insurance Operations Manager Salaries by Location