Axis Max Life Insurance Operations Team Member Salaries by 5 Employees

4 - 7 years exp.

₹2.1 Lakhs - ₹3.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

32% less than the average Operations Team Member Salary in Insurance Companies for 4 - 7 years of experience

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Last Updated: 1 Aug 2024

Companies similar to Axis Max Life Insurance for Operations Team Member

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Operations Team Member Salary 0 - 5 years exp. (7 salaries)	₹0.2 L/yr - ₹2.9 L/yr 49% less
Magma HDI General Insurance Operations Team Member Salary 3 - 5 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 18% more
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SBI General Insurance Operations Team Member Salary 1 - 3 years exp. (4 salaries)	₹2 L/yr - ₹2.9 L/yr 7% less
Royal Sundaram General Insurance Operations Team Member Salary 0 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 21% more
HDFC Ergo General Insurance Operations Team Member Salary 1 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4.2 L/yr 31% more
Star Health & Allied Insurance Operations Team Member Salary 1 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 18% less
ICICI Prudential Life Insurance Operations Team Member Salary 1 - 3 years exp. (3 salaries)	₹2.8 L/yr - ₹3.8 L/yr 29% more
ICICI Lombard General Insurance Company Operations Team Member Salary 0 - 6 years exp. (3 salaries)	₹2 L/yr - ₹3.5 L/yr 11% more
Cholamandalam MS General Insurance Operations Team Member Salary 1 - 7 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 37% more

Operations Team Member salary at Axis Max Life Insurance ranges between ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Operations Team Member salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

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Salary related reviews for Axis Max Life Insurance

4.0

Rated by 1 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

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

Salary - Excellent

+4 more

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

Salary - Excellent

+6 more

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.

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.

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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 Team Member Salary FAQs

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

The average salary of a Operations Team Member at Axis Max Life Insurance in India typically ranges from ₹2.1 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Operations Team Member at Axis Max Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Operations Team Member 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 5 Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Operations Team Member at Axis Max Life Insurance in India typically ranges from ₹17,864 to ₹19,559 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 4 years to 7 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 5 salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Cholamandalam MS General Insurance	₹3.0 Lakhs to ₹4.0 Lakhs per year
HDFC Ergo General Insurance	₹2.5 Lakhs to ₹4.2 Lakhs per year
ICICI Prudential Life Insurance	₹2.8 Lakhs to ₹3.8 Lakhs per year
Royal Sundaram General Insurance	₹2.7 Lakhs to ₹3.5 Lakhs per year
Magma HDI General Insurance	₹2.7 Lakhs to ₹3.5 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 Team Member in companies similar to Axis Max Life Insurance in India?

The salary of a Operations Team Member 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:

ICICI Lombard General Insurance Company	₹2.0 Lakhs to ₹3.5 Lakhs per year
SBI General Insurance	₹2.0 Lakhs to ₹2.9 Lakhs per year
Star Health & Allied Insurance	₹1.8 Lakhs to ₹2.5 Lakhs per year
Bajaj Allianz General Insurance	₹0.2 Lakhs to ₹2.9 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 Team Member at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
4 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
5 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
6 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
7 years	₹2.7 Lakhs to ₹3.4 Lakhs per year

and so on.

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Axis Max Life Insurance Operations Team Member Salaries

Axis Max Life Insurance Operations Team Member salary in India ranges between ₹2.1 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.