Max Life Insurance Policy Advisor Salaries by 3 Employees (Updated 2025)

0 - 8 years exp.

₹2 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

30% less than the average Policy Advisor Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Policy Advisor Salary 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Finance & Accounting Policy Advisor Salary 8 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 31 Jul 2024

Companies similar to Max Life Insurance for Policy Advisor

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Policy Advisor Salary 0 - 2 years exp. (5 salaries)	₹1.4 L/yr - ₹2 L/yr 32% less
Life Insurance Corporation of India Policy Advisor Salary 2 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹3 L/yr 15% more
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ACKO Policy Advisor Salary 2 - 6 years exp. (11 salaries)	₹3.5 L/yr - ₹5.5 L/yr 85% more
PolicyBazaar Policy Advisor Salary 1 - 6 years exp. (4 salaries)	₹3.2 L/yr - ₹4.5 L/yr 49% more
Scaleneworks Policy Advisor Salary 3 - 4 years exp. (3 salaries)	₹3.6 L/yr - ₹4.5 L/yr 61% more

Policy Advisor salary at Max Life Insurance ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Policy Advisor salaries

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Max Life Insurance

Data Scientist in Gurgaon / Gurugram

Full Time

Data Science & Analytics Department

3.0

• posted on 01 Aug 2024

3.0

for Salary and Benefits

Likes

Office Space Multiple business problems to solve.

Dislikes

Salary Too much office politics. Sometimes good work is limited to some folks. Career growth opportunities are limited to only some section of the teams

Relationship Associate in Raipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jul 2024

1.0

for Salary and Benefits

Likes

Job security

Dislikes

Appraisal depends upon reporting manager, new candidates came with higher package but old employees voice can not get into company ear because of team leaders. Competition are very good in this situation.

Associate Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 01 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Worst management and HR. Management torture Lower level staff for business. Even HR also support manager and they take concall for business. Worst working conditions in Max life Cooperative banca channel I have seen in my life time.

Associate in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 May 2024

1.0

for Salary and Benefits

Likes

Nothing good here

Dislikes

...arget is not complete. Target is so high that you will never receive incentives. Pay is too less and pressure, toxicity and politics is too high.

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Salary is good

Dislikes

Lack of training, harrasment candidate for work , lack of field help , managers are not supportive they just bark but don't motivate agency manager at every hour . Mentally torture the candidate for work and pressurized day night equally, call anytime without thinking it's an off or weak day holiday. Never think about personal life also the manager are shameless because they trespass their manager homes without intimation and do misbehave with everyone in office. The management is not good so do not join max life

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Max Life Insurance Policy Advisor Salary FAQs

What is the notice period for Policy Advisor at Max Life Insurance?

According to AmbitionBox, 100% of the Max Life Insurance Policy Advisors reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Max Life Insurance Policy Advisor Salaries

Max Life Insurance Policy Advisor salary in India ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Max Life Insurance latest salaries received from various employees of Max Life Insurance.