AXA Business Services Mumbai Assistant Manager Salaries by 6 Employees

9 - 15 years exp.

₹7.5 Lakhs - ₹16.5 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

93% more than the average Assistant Manager Salary in Insurance Companies for 9 - 15 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 9 - 11 years exp. (3 salaries)	₹14.5 L/yr - ₹16.5 L/yr
Customer Success, Service & Operations Assistant Manager Salary 15 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹17.6 L/yr
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Healthcare & Life Sciences Assistant Manager Salary 13 years exp. (AmbitionBox Estimate)	₹9.1 L/yr - ₹17.7 L/yr

Last Updated: 21 Mar 2024

Companies similar to AXA Business Services for Assistant Manager in Mumbai

AXA Business Services Assistant Manager Salary

9 - 15 years exp. (6 salaries)

₹7.5 L/yr - ₹16.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Assistant Manager Salary 0 - 8 years exp. (409 salaries)	₹2 L/yr - ₹4.6 L/yr 77% less	1 job opening
Tata AIA Life Insurance Assistant Manager Salary 2 - 17 years exp. (315 salaries)	₹4.2 L/yr - ₹18 L/yr 37% less	29 job openings
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ICICI Prudential Life Insurance Assistant Manager Salary 1 - 12 years exp. (238 salaries)	₹3 L/yr - ₹7 L/yr 66% less
Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (221 salaries)	₹3 L/yr - ₹9.5 L/yr 65% less
SBI Life Insurance Company Assistant Manager Salary 0 - 15 years exp. (194 salaries)	₹4 L/yr - ₹11 L/yr 55% less
Aditya Birla Sun Life Insurance Assistant Manager Salary 0 - 8 years exp. (149 salaries)	₹1.9 L/yr - ₹6.2 L/yr 72% less
HDFC Life Assistant Manager Salary 1 - 10 years exp. (88 salaries)	₹1.7 L/yr - ₹7 L/yr 70% less
Axis Max Life Insurance Assistant Manager Salary 0 - 10 years exp. (71 salaries)	₹2.2 L/yr - ₹7.5 L/yr 74% less	22 job openings
Bajaj Allianz Life Insurance Assistant Manager Salary 2 - 14 years exp. (63 salaries)	₹3 L/yr - ₹12 L/yr 53% less	1 job opening
Aegon Life Insurance Assistant Manager Salary 4 - 15 years exp. (40 salaries)	₹3.5 L/yr - ₹9.3 L/yr 63% less
Aditya Birla Insurance Brokers Assistant Manager Salary 2 - 9 years exp. (28 salaries)	₹2.9 L/yr - ₹8.9 L/yr 64% less
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Marsh Assistant Manager Salary 0 - 6 years exp. (22 salaries)	₹6 L/yr - ₹19 L/yr 28% less
ICICI Lombard General Insurance Company Assistant Manager Salary 3 - 13 years exp. (20 salaries)	₹3.9 L/yr - ₹9.3 L/yr 63% less
The New India Assurance Co. Assistant Manager Salary 7 - 11 years exp. (8 salaries)	₹11 L/yr - ₹18 L/yr 6% less
Europ Assistance India Assistant Manager Salary 7 - 13 years exp. (6 salaries)	₹5.7 L/yr - ₹8.5 L/yr 56% less
Tata AIG Assistant Manager Salary 7 - 15 years exp. (6 salaries)	₹4.9 L/yr - ₹7.3 L/yr 64% less
Gallagher Assistant Manager Salary 8 - 16 years exp. (5 salaries)	₹10 L/yr - ₹26.5 L/yr 2% more

Assistant Manager salary at AXA Business Services ranges between ₹7.5 Lakhs to ₹16.5 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of AXA Business Services.

Experience wise AXA Business Services Assistant Manager salaries in Mumbai

Last Updated: 21 Mar 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
10 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
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11 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.7 L/yr
12 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹18.1 L/yr
13 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
14 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.7 L/yr
15+ years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.7 L/yr

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From

Assistant Manager

8 - 19 years exp.

Deputy Manager

5 - 10 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Top skills at AXA Business Services for Assistant Manager

Operations Project Management Team Management Business Strategy Analytics

Salary related reviews for AXA Business Services

Assistant Manager in Pune

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1.0

• posted on 28 Jul 2022

3.0

for Salary and Benefits

Likes

...ctually do have good work life balance unfortunately for me it was not the case. Salary and Increments happen on fixed cycles and payments done on time. Decent Faciltiies and friendly support functions

Dislikes

No career development path even after getting good ratings. Middle and senior management does a lot of favouritism and politics. Require people who do not question even after senseless requirements and expectations. No job security in recent times as lot of process repatriations and movements to other companies due to incompetence of middle/ senior management who promised impractical targets to the clients and a pot of them left the company after disrupting everything

Skill development - Poor

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Assistant Manager in Bangalore / Bengaluru

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1.0

• posted on 19 Feb 2018

4.0

for Salary and Benefits

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Good salary great exposure

Salary - Good

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Dislikes

Very worst management. They are giving manager post to people who have less managing experience that making organisation worst . Don't move as career in IT they are purely bpo

Job security - Bad

+4 more

Associate Consultant in Pune

Full Time

IT & Information Security Department

5.0

• posted on 09 Feb 2025

5.0

for Salary and Benefits

Likes

People here are so supportive and encouraging.

Salary - Excellent

+3 more

Dislikes

...rn regarding the company's policy on notice periods during the probation period. Despite being on probation, employees are required to pay for the entire notice period upon resignation. Despite having a genuine reason for leaving, I was still required to pay for the full notice period, which I believe is both unfair and potentially unlawful.

Work-life balance - Bad

Senior Analyst in Pune

Full Time

Other Department

1.0

• posted on 09 Jan 2025

1.0

for Salary and Benefits

Likes

Just the location as it was in my hometown.

Dislikes

...ts encouraged. HR is from rural institutions who cannot speak English properly. Salary is abyssymal. Worked here only because I was in a financial difficulty. Also, notice period is an unbelievable 90 days (not negotiable!).

Salary - Bad

+6 more

Senior Analyst in Bangalore / Bengaluru

Full Time

Engineering - Hardware & Networks Department

5.0

• posted on 27 Dec 2023

3.0

for Salary and Benefits

Likes

...ny as its worklife balance is very good and policies are also good management .. only things are skill devlopment should be a priority, and competitive salary should be given to deserving employees rest all aspect AXA is gooooooood good Goooood.

Job security - Excellent

+3 more

Dislikes

Nothing....... as of now

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Top trending discussions

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Salary Discussions, Hike & Promotions

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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AXA Business Services Assistant Manager Salary FAQs

What is the salary of Assistant Manager at AXA Business Services in Mumbai?

The average salary of a Assistant Manager at AXA Business Services in Mumbai typically ranges from ₹7.5 Lakhs to ₹16.5 Lakhs per year, depending on experience (from 9 years to 15 years).

The top 10% of Assistant Manager in Mumbai at AXA Business Services earn more than ₹16.5 Lakhs per year, and the top 1% earn over ₹16.5 Lakhs per year. Assistant Manager Salaries at AXA Business Services 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 6 AXA Business Services employees in India.

What is the estimated take home salary of a Assistant Manager at AXA Business Services in Mumbai?

The estimated take-home salary of a Assistant Manager at AXA Business Services in Mumbai typically ranges from ₹1,10,177 to ₹1,13,227 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹16.5 Lakhs per year for employees with experience ranging from 9 years to 15 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 6 salaries received from various employees of AXA Business Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at AXA Business Services in Mumbai?

To be a Assistant Manager at AXA Business Services in Mumbai, the key skills required include:

- Operations
- Project Management
- Team Management
- Business Strategy
- Analytics

These skills are highly valued at AXA Business Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than AXA Business Services for Assistant Manager in India?

Gallagher

₹10.0 Lakhs to ₹26.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by AXA Business Services, depending on the role and experience level.

What is the salary of a Assistant Manager in companies similar to AXA Business Services in Mumbai?

The salary of a Assistant Manager at companies similar to AXA Business Services in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

The New India Assurance Co.	₹11.0 Lakhs to ₹18.0 Lakhs per year
Marsh	₹6.0 Lakhs to ₹19.0 Lakhs per year
Tata AIA Life Insurance	₹4.2 Lakhs to ₹18.0 Lakhs per year
Bajaj Allianz Life Insurance	₹3.0 Lakhs to ₹12.0 Lakhs per year
SBI Life Insurance Company	₹4.0 Lakhs to ₹11.0 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 Assistant Manager at AXA Business Services in Mumbai?

The salary growth for a Assistant Manager at AXA Business Services in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at AXA Business Services:

Experience	Average Salary Range
9 years	₹13.4 Lakhs to ₹17.1 Lakhs per year
10 years	₹13.6 Lakhs to ₹17.4 Lakhs per year
11 years	₹13.9 Lakhs to ₹17.7 Lakhs per year
12 years	₹14.1 Lakhs to ₹18.1 Lakhs per year

and so on.

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AXA Business Services Assistant Manager Salaries in Mumbai

AXA Business Services Assistant Manager salary in Mumbai ranges between ₹7.5 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 AXA Business Services latest salaries received from various employees of AXA Business Services.