Max Life Insurance Senior Financial Advisor Salaries by 4 Employees (Updated 2025)

3 - 7 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

50% less than the average Senior Financial Advisor Salary in Insurance Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Financial Advisor Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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Administration & Facilities Senior Financial Advisor Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 19 Sep 2024

Companies similar to Max Life Insurance for Senior Financial Advisor

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Financial Advisor Salary 0 - 6 years exp. (6 salaries)	₹2.9 L/yr - ₹5 L/yr 1% more
HDFC Life Senior Financial Advisor Salary 2 - 11 years exp. (5 salaries)	₹2.5 L/yr - ₹3.5 L/yr 29% less
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Kotak Mahindara Life Insurance Senior Financial Advisor Salary 0 - 16 years exp. (6 salaries)	₹2 L/yr - ₹5.1 L/yr 5% less
Gallagher Senior Financial Advisor Salary 2 - 7 years exp. (4 salaries)	₹11.2 L/yr - ₹17.5 L/yr 255% more
PolicyBazaar Senior Financial Advisor Salary 0 - 6 years exp. (29 salaries)	₹2.5 L/yr - ₹5.5 L/yr 2% more

Senior Financial Advisor salary at Max Life Insurance ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Senior Financial Advisor salaries

Last Updated: 19 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr
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5 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.8 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr

Similar Designation salaries in Max Life Insurance

Financial Analyst Salary

(8 salaries)

₹3.2 L/yr - ₹5.5 L/yr

Senior Analyst Salary

(9 salaries)

₹5.8 L/yr - ₹18.01 L/yr

Senior Associate Salary

(25 salaries)

₹2.05 L/yr - ₹6.8 L/yr

Senior Process Associate Salary

(4 salaries)

₹2 L/yr - ₹4.2 L/yr

Finance Executive Salary

(34 salaries)

₹1.45 L/yr - ₹4.38 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Deputy Manager Salary

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₹2.4 L/yr - ₹9 L/yr

Business Analyst Salary

(38 salaries)

₹3 L/yr - ₹11.65 L/yr

Associate Analyst Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Salary related reviews for Max Life Insurance

4.5

Rated by 3 employees for salary & benefits

Senior Financial Advisor in Malleshwaram , Bangalore - 3

Administration & Facilities Department

5.0

• posted on 04 Oct 2020

4.0

for Salary and Benefits

Likes

Max Lic trained us digitally with products vedios, digital visiting cards, zoom meetings with clients etc. Co.gave seutity n protection for covid-19 to the advisors n their family.too. gave advance RYC. wh helps advisors much. PASA list also helps me much. proud to be in Max LIC. thank u

Dislikes

...ed to secure all class people family. so monthly 5k is much for the lower class. so many are their who are able to pay monthly 2k. recently Co.made premium paying mode as yrly once.. sometimes it's difficult for the clients. pls do the needful. i wish Max LIC shd reach n serve all aspects of people with it's excellent service.

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.

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Max Life Insurance Senior Financial Advisor Salary FAQs

What is the salary of Senior Financial Advisor at Max Life Insurance?

Senior Financial Advisor salary at Max Life Insurance in India ranges between ₹3.0 Lakhs to ₹4.5 Lakhs for experience between 3 years to 7 years. According to our estimates it is 50% less than the average Senior Financial Advisor Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Senior Financial Advisor at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Senior Financial Advisor at Max Life Insurance is 50% less than the average salary of a Senior Financial Advisor in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance to a Senior Financial Advisor in India?

Gallagher Senior Financial Advisor Salary - ₹11.2 Lakhs to ₹17.5 Lakhs per year
PolicyBazaar Senior Financial Advisor Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year
ICICI Prudential Life Insurance Senior Financial Advisor Salary - ₹2.9 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Senior Financial Advisor in companies similar to Max Life Insurance in India?

Kotak Mahindara Life Insurance Senior Financial Advisor Salary - ₹2.0 Lakhs to ₹5.1 Lakhs per year
HDFC Life Senior Financial Advisor Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Senior Financial Advisor at Max Life Insurance in India?

The estimated take-home salary of a Senior Financial Advisor at Max Life Insurance ranges between ₹27,523 per month to ₹28,924 per month in India. The take-home salary calculation is based on the average Max Life Insurance Senior Financial Advisor salary in India which ranges between ₹3.0 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Max Life Insurance Senior Financial Advisors reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Max Life Insurance Senior Financial Advisor Salaries

Max Life Insurance Senior Financial Advisor salary in India ranges between ₹3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Max Life Insurance latest salaries received from various employees of Max Life Insurance.