Max Life Insurance Senior Operations Manager Salaries by 10+ Employees (Updated 2024)

12 - 17 years exp.

₹8.2 Lakhs - ₹17 Lakhs

Salary of majority employees

33% less than the average Senior Operations Manager Salary in Insurance Companies for 12 - 17 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Operations Manager Salary 13 - 16 years exp. (8 salaries)	₹9.3 L/yr - ₹15.3 L/yr
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BFSI, Investments & Trading Senior Operations Manager Salary 12 - 17 years exp. (7 salaries)	₹9.3 L/yr - ₹17 L/yr

Last Updated: 21 Oct 2024

Companies similar to Max Life Insurance for Senior Operations Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Operations Manager Salary 13 - 20 years exp. (13 salaries)	₹7.6 L/yr - ₹18.4 L/yr 5% more
HDFC Life Senior Operations Manager Salary 0 - 20 years exp. (14 salaries)	₹3 L/yr - ₹18.6 L/yr 18% less
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Bajaj Allianz Life Insurance Senior Operations Manager Salary 11 - 16 years exp. (5 salaries)	₹16.1 L/yr - ₹23 L/yr 58% more
Kotak Mahindara Life Insurance Senior Operations Manager Salary 7 - 17 years exp. (8 salaries)	₹6 L/yr - ₹14.5 L/yr 24% less
Reliance Nippon Life Insurance Senior Operations Manager Salary 14 - 21 years exp. (6 salaries)	₹9.7 L/yr - ₹19.5 L/yr 16% more
Tata AIA Life Insurance Senior Operations Manager Salary 6 - 17 years exp. (9 salaries)	₹11.7 L/yr - ₹21.5 L/yr 38% more
Aditya Birla Sun Life Insurance Senior Operations Manager Salary 12 - 15 years exp. (4 salaries)	₹7 L/yr - ₹16.5 L/yr 1% less
PNB MetLife Senior Operations Manager Salary 3 - 15 years exp. (5 salaries)	₹3.3 L/yr - ₹13 L/yr 33% less
ICICI Lombard General Insurance Company Senior Operations Manager Salary 7 - 15 years exp. (39 salaries)	₹4.7 L/yr - ₹12 L/yr 29% less
HDFC Ergo General Insurance Senior Operations Manager Salary 10 - 20 years exp. (7 salaries)	₹8.5 L/yr - ₹18 L/yr 3% more
Gallagher Senior Operations Manager Salary 15 - 21 years exp. (6 salaries)	₹14 L/yr - ₹20.2 L/yr 57% more
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Shriram Life Insurance Senior Operations Manager Salary 9 - 19 years exp. (5 salaries)	₹9.5 L/yr - ₹12.3 L/yr 7% less
Star Union Dai-ichi Life Insurance Senior Operations Manager Salary 9 - 14 years exp. (4 salaries)	₹16.6 L/yr - ₹17.7 L/yr 47% more
Magma HDI General Insurance Senior Operations Manager Salary 3 - 16 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 69% less

Senior Operations Manager salary at Max Life Insurance ranges between ₹8.2 Lakhs to ₹17 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 17 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Senior Operations Manager salaries

Last Updated: 21 Oct 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹10 L/yr - ₹20.7 L/yr
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14 years (5 salaries)	₹8.2 L/yr - ₹15.3 L/yr
15+ years (10 salaries)	₹8.4 L/yr - ₹17 L/yr

Similar Designation salaries in Max Life Insurance

Operations Manager Salary

(55 salaries)

₹2.5 L/yr - ₹11.3 L/yr

Department Manager Salary

(5 salaries)

₹3.2 L/yr - ₹11.5 L/yr

Deputy Branch Manager Salary

(5 salaries)

₹1 L/yr - ₹10 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Delivery Manager Salary

(3 salaries)

₹10 L/yr - ₹20.31 L/yr

Service Delivery Manager Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Relationship Manager Salary

(466 salaries)

₹1.1 L/yr - ₹7.03 L/yr

Customer Service Manager Salary

(15 salaries)

₹3.2 L/yr - ₹7.3 L/yr

Service Manager Salary

(6 salaries)

₹1.65 L/yr - ₹3.5 L/yr

Program Manager Salary

(11 salaries)

₹7.45 L/yr - ₹28.7 L/yr

Top skills at Max Life Insurance for Senior Operations Manager

Monitoring Cost Bfsi Test Cases Database Management Process Audit Billing Automation Underwriting Financial Services Data Analysis Process automation External Audit Audit Compliance

Salary related reviews for Max Life Insurance

3.0

Rated by 1 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.

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Operations Executive in Howrah

Operations Department

5.0

• posted on 02 Jun 2021

4.0

for Salary and Benefits

Likes

Very good company for both personal and professional growth.Employee centric.Friendly environment.Colleagues and seniors are very much co-operative which is very helpful for a new joinee.I shared a great relation with them.A very much customer oriented company when it comes to service.

Dislikes

Salary structure needs to improve for an off-role employee else everything is fine.

Business Development Manager in Tirunelveli

Marketing & Communication 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.

Dislikes

Operations Executive in Ranchi

BFSI, Investments & Trading Department

5.0

• posted on 28 May 2019

5.0

for Salary and Benefits

Likes

Working with the max life insurance is such a great experience . My team leaders are very supportive , salary package is not to too but its okay, i have learned too many things there but work life balance is not too good

Dislikes

The thing that i dislike in working in max life insurance that is we all employee work every sunday but not even a single employee get compensation for the working on sunday.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Max Life Insurance Senior Operations Manager Salary FAQs

What is the salary of Senior Operations Manager at Max Life Insurance?

Senior Operations Manager salary at Max Life Insurance in India ranges between ₹8.2 Lakhs to ₹17.0 Lakhs for experience between 12 years to 17 years. According to our estimates it is 33% less than the average Senior Operations Manager Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Senior Operations Manager at Max Life Insurance is 33% less than the average salary of a Senior Operations Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Operations Manager at Max Life Insurance?

Monitoring, Cost, Bfsi, Test Cases and Database are some of the popular skills required to work as a Senior Operations Manager at Max Life Insurance India.

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

Bajaj Allianz Life Insurance Senior Operations Manager Salary - ₹16.1 Lakhs to ₹23.0 Lakhs per year
Gallagher Senior Operations Manager Salary - ₹14.0 Lakhs to ₹20.2 Lakhs per year
Star Union Dai-ichi Life Insurance Senior Operations Manager Salary - ₹16.6 Lakhs to ₹17.7 Lakhs per year
Tata AIA Life Insurance Senior Operations Manager Salary - ₹11.7 Lakhs to ₹21.5 Lakhs per year
Reliance Nippon Life Insurance Senior Operations Manager Salary - ₹9.7 Lakhs to ₹19.5 Lakhs per year

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

ICICI Prudential Life Insurance Senior Operations Manager Salary - ₹7.6 Lakhs to ₹18.4 Lakhs per year
HDFC Ergo General Insurance Senior Operations Manager Salary - ₹8.5 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Sun Life Insurance Senior Operations Manager Salary - ₹7.0 Lakhs to ₹16.5 Lakhs per year
Shriram Life Insurance Senior Operations Manager Salary - ₹9.5 Lakhs to ₹12.3 Lakhs per year
HDFC Life Senior Operations Manager Salary - ₹3.0 Lakhs to ₹18.6 Lakhs per year

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

The estimated take-home salary of a Senior Operations Manager at Max Life Insurance ranges between ₹83,535 per month to ₹85,717 per month in India. The take-home salary calculation is based on the average Max Life Insurance Senior Operations Manager salary in India which ranges between ₹8.2 Lakhs to ₹17.0 Lakhs per year for employees with experience between 12 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Senior Operations Manager at Max Life Insurance?

According to AmbitionBox, 78% of the Max Life Insurance Senior Operations Managers reported a notice period of 3 Months, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Max Life Insurance Senior Operations Manager Salaries

Max Life Insurance Senior Operations Manager salary in India ranges between ₹8.2 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Max Life Insurance latest salaries received from various employees of Max Life Insurance.