Axis Max Life Insurance Procurement Executive Salaries by 4 Employees

0 - 4 years exp.

₹2.7 Lakhs - ₹5.2 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Procurement Executive Salary in Insurance Companies for 0 - 4 years of experience

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Last Updated: 22 Nov 2023

Companies similar to Axis Max Life Insurance for Procurement Executive

Company name	Avg Annual Salary	Open Jobs
MetLife Procurement Executive Salary 5 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹4.8 L/yr 7% less
HDFC Life Procurement Executive Salary 1 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 32% less
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HDFC Ergo General Insurance Procurement Executive Salary 1 - 4 years exp. (3 salaries)	₹3 L/yr - ₹4.4 L/yr 7% less
PNB MetLife Procurement Executive Salary 7 - 9 years exp. (3 salaries)	₹4.4 L/yr - ₹5.6 L/yr 39% more
Swiggy Procurement Executive Salary 1 - 9 years exp. (147 salaries)	₹2.7 L/yr - ₹5.6 L/yr 8% more

Procurement Executive salary at Axis Max Life Insurance ranges between ₹2.7 Lakhs to ₹5.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Procurement Executive salaries

Last Updated: 22 Nov 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹2.7 L/yr
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹2.7 L/yr
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2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.2 L/yr

Similar Designation salaries in Axis Max Life Insurance

Procurement Specialist Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Senior Associate Salary

(21 salaries)

₹2.05 L/yr - ₹5 L/yr

Senior Officer Salary

(78 salaries)

₹1.8 L/yr - ₹3.15 L/yr

Senior Analyst Salary

(12 salaries)

₹5.8 L/yr - ₹18.01 L/yr

Senior Purchase Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Deputy Manager Salary

(810 salaries)

₹2.4 L/yr - ₹8.72 L/yr

Officer Salary

(3 salaries)

₹2.8 L/yr - ₹12 L/yr

Salary related reviews for Axis Max Life Insurance

4.0

Rated by 2 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

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

Company culture - Poor

+1 more

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.

Salary - Bad

+5 more

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.

Salary - Poor

+6 more

see more salary related reviews

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Axis Max Life Insurance Procurement Executive Salary FAQs

What is the salary of Procurement Executive at Axis Max Life Insurance ?

The average salary of a Procurement Executive at Axis Max Life Insurance in India typically ranges from ₹2.7 Lakhs to ₹5.2 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Procurement Executive at Axis Max Life Insurance earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Procurement Executive 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 4 Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Procurement Executive at Axis Max Life Insurance in India typically ranges from ₹27,364 to ₹28,767 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from Fresher to 4 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 4 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 Procurement Executive in India?

PNB MetLife	₹4.4 Lakhs to ₹5.6 Lakhs per year
Swiggy	₹2.7 Lakhs to ₹5.6 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 Procurement Executive in companies similar to Axis Max Life Insurance in India?

The salary of a Procurement Executive 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:

MetLife	₹2.2 Lakhs to ₹4.8 Lakhs per year
HDFC Ergo General Insurance	₹3.0 Lakhs to ₹4.4 Lakhs per year
HDFC Life	₹2.5 Lakhs to ₹3.5 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 Procurement Executive at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹2.7 Lakhs to ₹2.7 Lakhs per year
1 year	₹2.7 Lakhs to ₹2.7 Lakhs per year
2 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years	₹1.8 Lakhs to ₹5.2 Lakhs per year

and so on.

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Axis Max Life Insurance Procurement Executive Salaries

Axis Max Life Insurance Procurement Executive salary in India ranges between ₹2.7 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.