Axis Max Life Insurance Underwriting Executive Salaries by 7 Employees (Updated 2025)

0 - 6 years exp.

₹3.3 Lakhs - ₹4.7 Lakhs

Low Confidence

Salary of majority employees

9% more than the average Underwriting Executive Salary in Insurance Companies for 0 - 6 years of experience

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Last Updated: 11 Feb 2025

Companies similar to Axis Max Life Insurance for Underwriting Executive

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Underwriting Executive Salary 1 - 6 years exp. (111 salaries)	₹2 L/yr - ₹4 L/yr 19% less
Bajaj Allianz General Insurance Underwriting Executive Salary 1 - 6 years exp. (7 salaries)	₹2.3 L/yr - ₹4.9 L/yr 17% less
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HDFC Life Underwriting Executive Salary 0 - 6 years exp. (7 salaries)	₹2.6 L/yr - ₹3.5 L/yr 21% less
ICICI Prudential Life Insurance Underwriting Executive Salary 5 - 10 years exp. (5 salaries)	₹3.5 L/yr - ₹5.6 L/yr 21% more
Tata AIA Life Insurance Underwriting Executive Salary 2 - 4 years exp. (5 salaries)	₹3.1 L/yr - ₹7 L/yr 38% more
Royal Sundaram General Insurance Underwriting Executive Salary 7 - 15 years exp. (5 salaries)	₹4.6 L/yr - ₹8 L/yr 60% more
Shriram Life Insurance Underwriting Executive Salary 1 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹2.7 L/yr 30% less
ICICI Lombard General Insurance Company Underwriting Executive Salary 2 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹11 L/yr 80% more
Cholamandalam MS General Insurance Underwriting Executive Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 14% less
SBI Life Insurance Company Underwriting Executive Salary 1 - 18 years exp. (4 salaries)	₹3 L/yr - ₹7 L/yr 47% more
AIG Underwriting Executive Salary 2 - 4 years exp. (4 salaries)	₹5.6 L/yr - ₹6 L/yr 57% more
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SBI General Insurance Underwriting Executive Salary 1 - 2 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 10% less
Aditya Birla Sun Life Insurance Underwriting Executive Salary 1 year exp. (3 salaries)	₹3.2 L/yr - ₹3.5 L/yr 11% less
Bajaj Allianz Life Insurance Underwriting Executive Salary 1 - 4 years exp. (3 salaries)	₹2.7 L/yr - ₹4 L/yr 7% less
PNB MetLife Underwriting Executive Salary 1 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 14% less
Kotak Mahindara Life Insurance Underwriting Executive Salary 4 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹2.6 L/yr 38% less

Underwriting Executive salary at Axis Max Life Insurance ranges between ₹3.3 Lakhs to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Underwriting Executive salaries

Last Updated: 11 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.7 L/yr
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2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
3 years (3 salaries)	₹3.6 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.7 L/yr
6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.7 L/yr

View all

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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

Senior Officer in Amritsar

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Jul 2023

5.0

for Salary and Benefits

Likes

Max is best company in insurance sector Max always appreciate his employee & also pays a good salary, incentive, sizzler to his employee I will again join the max

Salary - Excellent

+4 more

Dislikes

My few colleagues always trying to misguide each other and some have jealousy for someone's being best

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.

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.

Salary - Good

+6 more

Dislikes

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

see more salary related reviews

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Axis Max Life Insurance Underwriting Executive Salary FAQs

What is the salary of Underwriting Executive at Axis Max Life Insurance ?

The average salary of a Underwriting Executive at Axis Max Life Insurance in India typically ranges from ₹3.3 Lakhs to ₹4.7 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Underwriting Executive at Axis Max Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.7 Lakhs per year. Underwriting Executive 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 7 Axis Max Life Insurance employees in India.

What is the estimated take home salary of a Underwriting Executive at Axis Max Life Insurance in India?

The estimated take-home salary of a Underwriting Executive at Axis Max Life Insurance in India typically ranges from ₹27,077 to ₹28,485 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹4.7 Lakhs per year for employees with experience ranging from Fresher to 6 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 7 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 Underwriting Executive in India?

ICICI Lombard General Insurance Company	₹3.5 Lakhs to ₹11.0 Lakhs per year
Royal Sundaram General Insurance	₹4.6 Lakhs to ₹8.0 Lakhs per year
AIG	₹5.6 Lakhs to ₹6.0 Lakhs per year
SBI Life Insurance Company	₹3.0 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance	₹3.1 Lakhs to ₹7.0 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 Underwriting Executive in companies similar to Axis Max Life Insurance in India?

The salary of a Underwriting Executive 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:

ICICI Prudential Life Insurance	₹3.5 Lakhs to ₹5.6 Lakhs per year
Bajaj Allianz Life Insurance	₹2.7 Lakhs to ₹4.0 Lakhs per year
SBI General Insurance	₹3.0 Lakhs to ₹3.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹3.2 Lakhs to ₹3.5 Lakhs per year
Cholamandalam MS General Insurance	₹3.0 Lakhs to ₹4.0 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 Underwriting Executive at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹4.0 Lakhs per year
1 year	₹1.5 Lakhs to ₹3.7 Lakhs per year
2 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
3 years	₹3.6 Lakhs to ₹3.8 Lakhs per year

and so on.

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Axis Max Life Insurance Underwriting Executive Salaries

Axis Max Life Insurance Underwriting Executive salary in India ranges between ₹3.3 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.