Max Life Insurance Mumbai Relationship Associate Salaries by 60+ Employees (Updated 2025)

0 - 6 years exp.

₹1.9 Lakh - ₹4 Lakhs

Salary of majority employees

At par with the average Relationship Associate Salary in Insurance Companies for 0 - 6 years of experience

Interested in this particular role? 23 job openings

Salaries in different departments

BFSI, Investments & Trading Relationship Associate Salary 0 - 5 years exp. (20 salaries)	₹1.9 L/yr - ₹3.4 L/yr
Customer Success, Service & Operations Relationship Associate Salary 0 - 6 years exp. (9 salaries)	₹2.1 L/yr - ₹3.4 L/yr
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Sales & Business Development Relationship Associate Salary 0 - 5 years exp. (9 salaries)	₹2.1 L/yr - ₹4 L/yr
Finance & Accounting Relationship Associate Salary 0 - 4 years exp. (8 salaries)	₹1.9 L/yr - ₹3.3 L/yr
Human Resources Relationship Associate Salary 1 year exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹3.2 L/yr

Last Updated: 11 Dec 2024

Companies similar to Max Life Insurance for Relationship Associate in Mumbai

Max Life Insurance Relationship Associate Salary

0 - 6 years exp. (66 salaries)

₹1.9 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Relationship Associate Salary 0 - 3 years exp. (3 salaries)	₹3.2 L/yr - ₹3.5 L/yr 9% more
Bharat Cooperative Bank Relationship Associate Salary 1 - 9 years exp. (14 salaries)	₹3 L/yr - ₹6.2 L/yr 42% more
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Niva Bupa Health Insurance Company Relationship Associate Salary 1 - 6 years exp. (13 salaries)	₹2.3 L/yr - ₹3.3 L/yr 10% less
YES SECURITIES Relationship Associate Salary 0 - 4 years exp. (6 salaries)	₹4 L/yr - ₹5 L/yr 44% more
Citicorp Relationship Associate Salary 3 - 8 years exp. (5 salaries)	₹18 L/yr - ₹30 L/yr 598% more

Relationship Associate salary at Max Life Insurance ranges between ₹1.9 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 66 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Relationship Associate salaries in Mumbai

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
Fresher (15 salaries)	₹2 L/yr - ₹3.4 L/yr
1 year (12 salaries)	₹1.9 L/yr - ₹3 L/yr
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2 years (16 salaries)	₹1.9 L/yr - ₹4 L/yr
3 years (10 salaries)	₹2 L/yr - ₹3.4 L/yr
4 years (7 salaries)	₹1.9 L/yr - ₹3.3 L/yr
5 years (4 salaries)	₹2.8 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.8 L/yr

View all

From

Relationship Associate

₹

Lakhs/yr

0 - 7 years exp.

Partner

₹

Lakhs/yr

13 - 21 years exp.

Relationship Associate 0 - 7 years exp.

Associate Sales Manager 0 - 9 years exp.

22% hike

Sales Manager 0 - 10 years exp.

21% hike

From

3 more levels

Relationship Associate

0 - 7 years exp.

Cluster Manager

6 - 15 years exp.

Similar Designation salaries in Max Life Insurance

Relationship Manager Salary

(32 salaries)

₹2 L/yr - ₹7.03 L/yr

Branch Manager Salary

(12 salaries)

₹7.3 L/yr - ₹12.5 L/yr

Sales Executive Salary

(7 salaries)

₹2 L/yr - ₹4.63 L/yr

Relationship Officer Salary

(4 salaries)

₹2.2 L/yr - ₹2.5 L/yr

Top skills at Max Life Insurance for Relationship Associate

Banking Bancassurance Branch Banking Sales Management Penetration CRM Financial Services Sales Process Bancassurance LMS Sales Management Training channel management Customer Experience

Salary related reviews for Max Life Insurance

3.3

Rated by 13 employees for salary & benefits

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

Relationship Associate in GUJARAT KUTCH

BFSI, Investments & Trading 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

Relationship Associate in Mettur

Life Insurance Department

4.0

• posted on 19 Aug 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are always supporting me and also management. Company policies are very good, appraisal are fair and they have give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

Salary is decent but Career growth is slow

Relationship Associate in Visakhapatnam

Life insurance Department

5.0

• posted on 05 Jan 2019

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology.i love the fact that I am part of a team that markets reliable

Salary - Good

+6 more

Dislikes

Salary growth is very low, manager s do not value an individuals unique stengths

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

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What people are saying about Max Life Insurance

View All

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 Relationship Associate Salary FAQs

What is the salary of Relationship Associate at Max Life Insurance Mumbai?

Relationship Associate salary at Max Life Insurance in Mumbai ranges between ₹1.9 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 4% less than the average Relationship Associate Salary in India. Salary estimates are based on 66 latest salaries received from various employees of Max Life Insurance Mumbai.

How does the salary of a Relationship Associate at Max Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Relationship Associate at Max Life Insurance is 4% less than the average salary of a Relationship Associate in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Relationship Associate at Max Life Insurance?

Banking, Bancassurance, Branch Banking, Sales and Management are some of the popular skills required to work as a Relationship Associate at Max Life Insurance Mumbai.

Which similar companies are paying more than Max Life Insurance to a Relationship Associate in Mumbai?

Citicorp Relationship Associate Salary - ₹18.0 Lakhs to ₹30.0 Lakhs per year
YES SECURITIES Relationship Associate Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
Bharat Cooperative Bank Relationship Associate Salary - ₹3.0 Lakhs to ₹6.2 Lakhs per year
Bajaj Allianz Life Insurance Relationship Associate Salary - ₹3.2 Lakhs to ₹3.5 Lakhs per year

What is the salary of a Relationship Associate in companies similar to Max Life Insurance in Mumbai?

Niva Bupa Health Insurance Company Relationship Associate Salary - ₹2.3 Lakhs to ₹3.3 Lakhs per year

What is the estimated take home salary of a Relationship Associate at Max Life Insurance in Mumbai?

The estimated take-home salary of a Relationship Associate at Max Life Insurance ranges between ₹22,055 per month to ₹23,538 per month in Mumbai. The take-home salary calculation is based on the average Max Life Insurance Relationship Associate salary in India which ranges between ₹1.9 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Relationship Associate at Max Life Insurance in Mumbai?

According to AmbitionBox, 48% of the Max Life Insurance Relationship Associates in Mumbai reported a notice period of 2 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

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Max Life Insurance Relationship Associate Salaries in Mumbai

Max Life Insurance Relationship Associate salary in Mumbai ranges between ₹1.9 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 66 Max Life Insurance latest salaries received from various employees of Max Life Insurance.

Max Life Insurance Relationship Associate salaries in Mumbai

Companies similar to Max Life Insurance for Relationship Associate in Mumbai

Latest annual salaries shared by Max Life Insurance Relationship Associate in Mumbai

Experience wise Max Life Insurance Relationship Associate salaries in Mumbai

Similar Designation salaries in Max Life Insurance

Top skills at Max Life Insurance for Relationship Associate

Salary related reviews for Max Life Insurance

Relationship Associate in Raipur

Relationship Associate in GUJARAT KUTCH

Relationship Associate in Mettur

Relationship Associate in Visakhapatnam

Deputy Manager in Kolkata

Max Life Insurance Relationship Associate Salary FAQs

Tell us how to improve this page.