GCC Universe · Company profile

Max Life Insurance GCC in India

Max Life Insurance is listed in GCC Universe under Banking, Financial Services & Insurance. Its recorded India locations are Gurugram, Noida, and Mumbai.

Last researched:

Company overview

Sector
Banking, Financial Services & Insurance
Sub-sector
Insurance
Mandate (derived)
Sales, Marketing & BD
Parent headquarters
Gurugram, Haryana, India
Parent revenue (USD)
$3,900,000,000
Parent headcount
9,900
India headcount
Not disclosed

GCC locations

  • Gurugram
  • Noida
  • Mumbai

Department mix

Global department counts, used as a proxy for the India mandate. These are not India team counts.

Sales
2,690
Business Development
1,836
Finance
1,644
Operations
1,528
Consulting
540
Human Resources
430
Information Technology
300
Marketing
269
Support
209
Engineering
193
Data Science
55
Administrative
54
Product Management
43
Legal
35
Accounting
28
Education
14
Arts And Design
13
Media And Commmunication
12
Entrepreneurship
7

Technology stack

  • AI
  • ANGEL LMS
  • AWS Transfer for SFTP
  • AWS Trusted Advisor
  • Absorb LMS
  • Adobe CQ
  • Amazon AWS Platform
  • Amazon Route 53
  • Android
  • Arista EOS
  • Atex
  • Azure Pipelines
  • Azure Service Fabric
  • Bing Webmaster Tools
  • BoldChat

Public leadership

Akshat Ambedkar

Assistant Vice President Human Resources

Public leadership listed in the dataset; the role is not necessarily the India GCC head.

Research overview

Max Life Insurance Company Ltd. is an 80:20 joint venture between Max Financial Services and Axis Bank, founded in 2000 following liberalization of India's insurance sector; rebranded as Axis Max Life Insurance on 13 December 2024. Described as the largest non-bank private-sector life insurer in India, with roughly 25,000 employees and ~₹2,00,000 crore in AUM (as of June 2026).

India launch
2000
Maturity
Multi-Function / Full-Stack GCC

The company's own careers page organizes its workforce into four pillars - Sales, Operations, Technology, and Enabling Functions - run out of its Gurugram corporate hub, with public reporting showing the same hub driving core-system cloud modernization, AI-driven sales analytics, and GenAI marketing tooling alongside customer operations and distribution.

Timeline

  1. 2000

    Max Life (originally Max New York Life Insurance Company Limited) established after liberalization of India's insurance sector; operations commenced 2001.

  2. 2024

    Completed migration of core systems to Oracle Cloud Infrastructure across Mumbai and Hyderabad regions ('Project Akash'), delivering up to ~70% application performance improvement.

  3. 2024

    Rebranded from Max Life Insurance to Axis Max Life Insurance on 13 December 2024 following Axis Bank's increased stake.

Real estate

description: Corporate office at 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Sector 25, Gurugram, Haryana 122002; separate registered office at Plot No. 90-C, Sector-18, Urban Estate, Gurugram, Haryana 122015.

Hiring signal

Open roles
Not disclosed
As of
2026-08-26
  • Technology
  • Operations
  • Sales
  • Enabling Functions

News and developments

Max Life Insurance migrates mission-critical systems to Oracle Exadata Database Service on OCI

Completed a sub-5-month migration of customer service, claims, marketing and policy-issuance systems to Oracle Cloud Infrastructure (Mumbai/Hyderabad), reporting up to 70% application performance gains for ~4.2 million active customers.

2024-02-08 CXOToday ↗

Max Life plans to hire 30,000 agents and open up to 100 offices in FY25

Company announced large-scale agent hiring and new office openings as part of a market-share growth push.

2024-05-21 Business Standard ↗

Axis Max Life deploys GreyLabs AI Voice AI Suite across sales operations

Rolled out AI-led call analysis covering 700+ sales agents and 600,000+ calls, replacing selective manual review with 100% AI-led assessment and reporting ~15% improvement in sales conversions.

2026-07-07 CXOToday ↗

Sources

Sources and research notes

Source: Indian GCC 2026 Master Compendium, Company Master and research records. Sector, mandate and public leadership are derived fields. Missing values are shown as not disclosed. Revenue and global headcount describe the parent company, not the India centre.