Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary18% less than the average Process Associate Salary in Insurance Companies for 0 - 6 years of experience
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Salaries in different departments
Customer Success, Service & Operations
Process Associate Salary
0 - 6
years
exp.
(9
salaries)
|  ₹2.3 L/yr - ₹3.3 L/yr |
Human Resources
Process Associate Salary
2 - 3
years
exp.
(AmbitionBox Estimate)
| ₹2.3 L/yr - ₹2.8 L/yr |
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| |
Administration & Facilities
Process Associate Salary
1 - 2
years
exp.
(AmbitionBox Estimate)
| ₹2.4 L/yr - ₹2.8 L/yr |
Companies similar to Axis Max Life Insurance for Process Associate
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Gallagher Process Associate Salary
0 - 4 years exp. (1.3k salaries) | ₹1.1 L/yr - ₹6 L/yr 
15%
more | |
 HDFC Life Process Associate Salary
0 - 4 years exp. (26 salaries) | ₹1.5 L/yr - ₹3.1 L/yr 
15%
less | |
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| ||
 MetLife Process Associate Salary
0 - 5 years exp. (23 salaries) | ₹2.1 L/yr - ₹3.5 L/yr
9%
more | |
 SBI Life Insurance Company Process Associate Salary
1 - 5 years exp. (12 salaries) | ₹1.2 L/yr - ₹3.5 L/yr
3%
less | |
 ICICI Prudential Life Insurance Process Associate Salary
0 - 6 years exp. (10 salaries) | ₹2.5 L/yr - ₹6 L/yr
44%
more | |
 Shriram Life Insurance Process Associate Salary
0 - 6 years exp. (10 salaries) | ₹1.5 L/yr - ₹2.5 L/yr
22%
less | |
 ICICI Lombard General Insurance Company Process Associate Salary
0 - 7 years exp. (9 salaries) | ₹2.2 L/yr - ₹3 L/yr
3%
less | |
 HDFC Ergo General Insurance Process Associate Salary
1 - 6 years exp. (7 salaries) | ₹2.6 L/yr - ₹5 L/yr
23%
more | |
 Allianz Process Associate Salary
2 - 8 years exp. (6 salaries) | ₹3.5 L/yr - ₹4.2 L/yr
49%
more | |
 AIG Process Associate Salary
1 - 5 years exp. (6 salaries) | ₹3 L/yr - ₹4.5 L/yr
41%
more | |
 Aditya Birla Sun Life Insurance Process Associate Salary
1 - 5 years exp. (5 salaries) | ₹2.6 L/yr - ₹4.7 L/yr
38%
more | |
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| ||
 Bajaj Allianz Life Insurance Process Associate Salary
4 - 10 years exp. (5 salaries) | ₹1.2 L/yr - ₹3.2 L/yr
21%
less | |
 Royal Sundaram General Insurance Process Associate Salary
1 - 4 years exp. (4 salaries) | ₹2 L/yr - ₹3.2 L/yr
2%
less | |
 Bajaj Allianz General Insurance Process Associate Salary
1 - 6 years exp. (4 salaries) | ₹2.3 L/yr - ₹4.2 L/yr
13%
more | |
 AXA Process Associate Salary
0 - 4 years exp. (4 salaries) | ₹3 L/yr - ₹4.5 L/yr
38%
more | |
 Kotak Mahindara Life Insurance Process Associate Salary
2 - 5 years exp. (4 salaries) | ₹1.8 L/yr - ₹4 L/yr
10%
less | |
 Cholamandalam MS General Insurance Process Associate Salary
2 - 9 years exp. (3 salaries) | ₹1.5 L/yr - ₹2 L/yr
37%
less | |
 Star Health & Allied Insurance Process Associate Salary
0 - 5 years exp. (3 salaries) | ₹2.1 L/yr - ₹3.2 L/yr
6%
more | |
Latest annual salaries shared by Axis Max Life Insurance Process Associate
Experience wise Axis Max Life Insurance Process Associate salaries
Last Updated: 12 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹1
L/yr
- ₹2.4
L/yr
|
| 1 year (3 salaries) |
₹2.4
L/yr
- ₹2.5
L/yr
|
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| |
| 2 years (5 salaries) |
₹2
L/yr
- ₹2.5
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹2.3
L/yr
- ₹4.7
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹2.5
L/yr
- ₹4.8
L/yr
|
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Axis Max Life Insurance Process Associate Salary FAQs
The top 10% of Process Associate at Axis Max Life Insurance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Process Associate 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 10+ Axis Max Life Insurance employees in India.
| Allianz | ₹3.5 Lakhs to ₹4.2 Lakhs per year |
| ICICI Prudential Life Insurance | ₹2.5 Lakhs to ₹6.0 Lakhs per year |
| AIG | ₹3.0 Lakhs to ₹4.5 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹2.6 Lakhs to ₹4.7 Lakhs per year |
| AXA | ₹3.0 Lakhs to ₹4.5 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.
| HDFC Ergo General Insurance | ₹2.6 Lakhs to ₹5.0 Lakhs per year |
| Gallagher | ₹1.1 Lakhs to ₹6.0 Lakhs per year |
| Bajaj Allianz General Insurance | ₹2.3 Lakhs to ₹4.2 Lakhs per year |
| MetLife | ₹2.1 Lakhs to ₹3.5 Lakhs per year |
| Star Health & Allied Insurance | ₹2.1 Lakhs to ₹3.2 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹1.0 Lakhs to ₹2.4 Lakhs per year |
| 1 year | ₹2.4 Lakhs to ₹2.5 Lakhs per year |
| 2 years | ₹2.0 Lakhs to ₹2.5 Lakhs per year |
| 3 years | ₹2.3 Lakhs to ₹4.7 Lakhs per year |
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Axis Max Life Insurance Process Associate salary
in
India
ranges between ₹2
Lakhs to ₹3.3
Lakhs with an average annual salary of
₹. Salary estimates are based on
15
Axis Max Life Insurance latest salaries received from various employees of
Axis Max Life Insurance.