Max Life Insurance Research Associate Salaries by 6 Employees (Updated 2025)

0 - 4 years exp.

₹2.1 Lakhs - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Research Associate Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Research Associate Salary 0 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹2.6 L/yr
Login to view exact salary
Sales & Business Development Research Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.1 L/yr

Last Updated: 7 May 2024

Companies similar to Max Life Insurance for Research Associate

Company name	Avg Annual Salary	Open Jobs
Aragen Life Sciences Research Associate Salary 1 - 6 years exp. (1.4k salaries)	₹2 L/yr - ₹6.3 L/yr 89% more	1 job opening
Syngene International Research Associate Salary 0 - 5 years exp. (1.1k salaries)	₹2.5 L/yr - ₹6.6 L/yr 73% more
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Macleods Pharmaceuticals Research Associate Salary 0 - 7 years exp. (936 salaries)	₹2.1 L/yr - ₹6.1 L/yr 68% more
Lupin Research Associate Salary 1 - 9 years exp. (872 salaries)	₹2 L/yr - ₹8 L/yr 124% more
Morningstar Research Associate Salary 0 - 4 years exp. (660 salaries)	₹2.9 L/yr - ₹8.2 L/yr 136% more

Research Associate salary at Max Life Insurance ranges between ₹2.1 Lakhs to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Research Associate salaries

Last Updated: 7 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr
1 year (3 salaries)	₹2.1 L/yr - ₹2.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.3 L/yr

Similar Designation salaries in Max Life Insurance

Research Analyst Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹18.5 L/yr - ₹23.6 L/yr

Design Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹5.4 L/yr

Technical Lead Salary

(5 salaries)

₹20.5 L/yr - ₹33 L/yr

Analyst Salary

(18 salaries)

₹2.65 L/yr - ₹12.5 L/yr

Deputy Manager Salary

(769 salaries)

₹2.4 L/yr - ₹9 L/yr

Software Engineer Salary

(13 salaries)

₹4.6 L/yr - ₹15 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Max Life Insurance

1.2

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

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

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.

Salary - Bad

+6 more

see more salary related reviews

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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 Research Associate Salary FAQs

What is the salary of Research Associate at Max Life Insurance?

Research Associate salary at Max Life Insurance in India ranges between ₹2.1 Lakhs to ₹2.5 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 49% less than the average Research Associate Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Research Associate at Max Life Insurance is 49% less than the average salary of a Research Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance to a Research Associate in India?

Morningstar Research Associate Salary - ₹2.9 Lakhs to ₹8.2 Lakhs per year
Lupin Research Associate Salary - ₹2.0 Lakhs to ₹8.0 Lakhs per year
Aragen Life Sciences Research Associate Salary - ₹2.0 Lakhs to ₹6.3 Lakhs per year
Syngene International Research Associate Salary - ₹2.5 Lakhs to ₹6.6 Lakhs per year
Macleods Pharmaceuticals Research Associate Salary - ₹2.1 Lakhs to ₹6.1 Lakhs per year

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

The estimated take-home salary of a Research Associate at Max Life Insurance ranges between ₹16,610 per month to ₹18,316 per month in India. The take-home salary calculation is based on the average Max Life Insurance Research Associate salary in India which ranges between ₹2.1 Lakhs to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Research Associate at Max Life Insurance?

According to AmbitionBox, 60% of the Max Life Insurance Research Associates reported a notice period of 2 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Max Life Insurance Research Associate Salaries

Max Life Insurance Research Associate salary in India ranges between ₹2.1 Lakhs to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Max Life Insurance latest salaries received from various employees of Max Life Insurance.