Axis Max Life Insurance Senior Process Associate Salaries by 4 Employees

2 - 5 years exp.

₹2 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakh

Variable

₹

Lakh

Monthly In-hand Salary

24% less than the average Senior Process Associate Salary in Insurance Companies for 2 - 5 years of experience

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Last Updated: 11 Apr 2024

Companies similar to Axis Max Life Insurance for Senior Process Associate

Company name	Avg Annual Salary	Open Jobs
Gallagher Senior Process Associate Salary 2 - 9 years exp. (103 salaries)	₹2.6 L/yr - ₹7 L/yr 50% more
MetLife Senior Process Associate Salary 2 - 8 years exp. (51 salaries)	₹2 L/yr - ₹4.5 L/yr 7% more
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HDFC Life Senior Process Associate Salary 1 - 8 years exp. (8 salaries)	₹2.3 L/yr - ₹3.8 L/yr 11% less
Aditya Birla Sun Life Insurance Senior Process Associate Salary 4 - 6 years exp. (6 salaries)	₹4.1 L/yr - ₹5 L/yr 39% more
AIG Senior Process Associate Salary 1 - 3 years exp. (4 salaries)	₹3.8 L/yr - ₹4 L/yr 21% more
ICICI Prudential Life Insurance Senior Process Associate Salary 5 - 7 years exp. (3 salaries)	₹5 L/yr - ₹5.2 L/yr 58% more
Royal Sundaram General Insurance Senior Process Associate Salary 1 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹4.5 L/yr 9% more

Senior Process Associate salary at Axis Max Life Insurance ranges between ₹2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Senior Process Associate salaries

Last Updated: 11 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

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Salary related reviews for Axis Max Life Insurance

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

Back Office Executive in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 06 Jul 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

+4 more

Dislikes

Customer Service Executive in Bikaner

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 24 Sep 2019

5.0

for Salary and Benefits

Likes

Excellent all things

Salary - Excellent

+6 more

Dislikes

Compensation is decent and fast growing, no any work pressure. I have to work 15 to 18 hours straight in a day I have attended claint calls and manage all operation and admin work.

Customer Service Executive in Tirupati

Human Resources Department

4.0

• posted on 03 Apr 2018

3.0

for Salary and Benefits

Likes

...s to ensure smooth flow of work. Induction, training programme for new products. Each individual can express their ideas related to cost cutting and work flow.

Skill development - Good

Dislikes

Here work pressure is very high. Sometimes you have to stretch your working hours. I do receive appreciation from managers and sales team. But they go unnoticed during year appreciations.

Promotions - Poor

Agency Development Manager in Kollam

Full Time

Sales & Business Development Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Second Saturday and Sunday, third Saturday and Sundays are off. No other perks.

Dislikes

... from you. More than 5 persons already left the office with their toxic culture. Don't trust their words during interview they will give a package which is lesser than your current ctc and will give excuses as you will earn promotions in a fast track mode. nothing doing you will not meet their unrealistic targets. Hope my review will help future comers. thank you.

Salary - Poor

+6 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Axis Max Life Insurance Senior Process Associate Salary FAQs

What is the salary of Senior Process Associate at Axis Max Life Insurance ?

The average salary of a Senior Process Associate at Axis Max Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Senior Process Associate at Axis Max Life Insurance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Senior Process Associate 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 Senior Process Associate at Axis Max Life Insurance in India?

The estimated take-home salary of a Senior Process Associate at Axis Max Life Insurance in India typically ranges from ₹23,205 to ₹24,671 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 2 years to 5 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 Senior Process Associate in India?

ICICI Prudential Life Insurance	₹5.0 Lakhs to ₹5.2 Lakhs per year
Gallagher	₹2.6 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹4.1 Lakhs to ₹5.0 Lakhs per year
AIG	₹3.8 Lakhs to ₹4.0 Lakhs per year
Royal Sundaram General Insurance	₹2.5 Lakhs to ₹4.5 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 Senior Process Associate in companies similar to Axis Max Life Insurance in India?

The salary of a Senior Process Associate 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	₹2.0 Lakhs to ₹4.5 Lakhs per year
HDFC Life	₹2.3 Lakhs to ₹3.8 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 Senior Process Associate at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
2 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
4 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
5 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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Axis Max Life Insurance Senior Process Associate Salaries

Axis Max Life Insurance Senior Process Associate salary in India ranges between ₹2 Lakhs to ₹4.2 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.