Levi was born in Sha'alvim, Israel in 1963. He studied psychology at Bar-Ilan University but left to complete his mandatory military service. Levi served in the Israeli Ground Forces before studying film at Tel Aviv University. Levi practiced Orthodox Judaism but left the faith while completing his military service.
Levi was a film critic for various newspapers for 10 years, as well as lecturer in the leading film schools in Israel, and was the head of the drama department in the leading Israeli TV channel Keshet (2003–2006).
Levi won a Golden Globe Award for co-creating and co-producing the television drama The Affair with Sarah Treem. In 2014 Levi retired from writing The Affair, citing dissatisfaction with the commercial aspects of U.S. television development.

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