AXA Business Services Procurement Manager Salaries by 5 Employees

11 - 19 years exp.

₹16 Lakhs - ₹32 Lakhs

Low Confidence

Salary of majority employees

48% more than the average Procurement Manager Salary in Insurance Companies for 11 - 19 years of experience

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Salaries in different departments

Procurement & Supply Chain Procurement Manager Salary 12 - 19 years exp. (4 salaries)	₹16.5 L/yr - ₹32 L/yr
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Data Science & Analytics Procurement Manager Salary 11 years exp. (AmbitionBox Estimate)	₹14.4 L/yr - ₹17.6 L/yr

Last Updated: 31 Jul 2024

Companies similar to AXA Business Services for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Procurement Manager Salary 10 - 14 years exp. (7 salaries)	₹11 L/yr - ₹17 L/yr 40% less	3 job openings
MetLife Procurement Manager Salary 5 - 13 years exp. (5 salaries)	₹9 L/yr - ₹20.5 L/yr 44% less
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HDFC Life Procurement Manager Salary 16 - 22 years exp. (4 salaries)	₹11.5 L/yr - ₹12.9 L/yr 48% less
Aegon Life Insurance Procurement Manager Salary 13 - 15 years exp. (3 salaries)	₹11 L/yr - ₹14.8 L/yr 46% less
Kotak Mahindara Life Insurance Procurement Manager Salary 7 - 8 years exp. (3 salaries)	₹5 L/yr - ₹12.9 L/yr 64% less

Procurement Manager salary at AXA Business Services ranges between ₹16 Lakhs to ₹32 Lakhs per year for employees with experience between 11 years to 19 years. Salary estimates are based on 5 latest salaries received from various employees of AXA Business Services.

Experience wise AXA Business Services Procurement Manager salaries

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹16 L/yr - ₹16 L/yr
12 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹17.8 L/yr
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13 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹34 L/yr
14 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
15+ years (AmbitionBox Estimate)	₹10.9 L/yr - ₹32 L/yr

Similar Designation salaries in AXA Business Services

Procurement Specialist Salary

(8 salaries)

₹5.75 L/yr - ₹7.9 L/yr

Senior Manager Procurement Salary

(5 salaries)

₹20 L/yr - ₹39 L/yr

Assistant Manager Procurement Salary

(5 salaries)

₹9.5 L/yr - ₹17.5 L/yr

Procurement Lead Salary

(4 salaries)

₹8 L/yr - ₹36 L/yr

Sourcing Specialist Salary

(4 salaries)

₹6.35 L/yr - ₹9.06 L/yr

Procurement Head Salary

(4 salaries)

₹26 L/yr - ₹38.2 L/yr

Procurement Consultant Salary

(4 salaries)

₹13.5 L/yr - ₹16 L/yr

Senior Sourcing Specialist Salary

(3 salaries)

₹8.8 L/yr - ₹12.1 L/yr

Senior Purchase Executive Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Senior Procurement Specialist Salary

(AmbitionBox Estimate)

₹8.4 L/yr - ₹10.7 L/yr

Top skills at AXA Business Services for Procurement Manager

Business operations Procurement management Middle Office Supply Chain Management Sourcing Strategy Risk Assessment Procurement Strategic Sourcing P2P Europe Contract Management European Business Management

Salary related reviews for AXA Business Services

3.0

Rated by 1 employees for salary & benefits

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

Senior Consultant in Pune

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Nov 2023

4.0

for Salary and Benefits

Likes

...working from Office/Home policy - Goodies distribution for multiple occasions - Fixed Annual bonus other than performance incentives -

Salary - Good

+2 more

Dislikes

- Multiple approvals dependencies for the Projects - Lack of Transparency - No clarity on objectives for few Strategic Projects and surprisingly some senior stake holders are not even informed on the decisions taken - So called Strategic Management is keen to keep existing people on bench rather than helping then to develop their skills they are looking for outside talent - Senior management should understand geographical and cultural differences and all practices will not work across entity

Job security - Poor

Associate Manager in Pune

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 10 Nov 2023

4.0

for Salary and Benefits

Likes

Talk about opportunities, work life balance, growth. It's the best company. I have been part of this company since 8 years now & grow from scratch level to Associate Manager.

Salary - Good

+6 more

Dislikes

Salary structure and benifits needs a change which they are already trying to do so.

Senior Claim Analyst in Pune

Full Time

Risk Management & Compliance Department

5.0

• posted on 09 Oct 2023

3.0

for Salary and Benefits

Likes

Overall good experience... One tip is make a good rapo with your managers it will help you 🙃

Job security - Excellent

+3 more

Dislikes

Don't join the company if your salary expectation are high ...if you need good work life balance and stress free work this is the company for you 💓

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AXA Business Services Procurement Manager Salary FAQs

What is the salary of Procurement Manager at AXA Business Services ?

The average salary of a Procurement Manager at AXA Business Services in India typically ranges from ₹16.0 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 11 years to 19 years).

The top 10% of Procurement Manager at AXA Business Services earn more than ₹32.0 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Procurement 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 5 AXA Business Services employees in India.

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

The estimated take-home salary of a Procurement Manager at AXA Business Services in India typically ranges from ₹1,49,033 to ₹1,54,635 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 11 years to 19 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 5 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 Procurement Manager at AXA Business Services ?

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

- Business operations
- Procurement management
- Middle Office
- Supply Chain Management
- Sourcing Strategy

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

What is the salary of a Procurement Manager in companies similar to AXA Business Services in India?

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

Axis Max Life Insurance	₹11.0 Lakhs to ₹17.0 Lakhs per year
MetLife	₹9.0 Lakhs to ₹20.5 Lakhs per year
Aegon Life Insurance	₹11.0 Lakhs to ₹14.8 Lakhs per year
HDFC Life	₹11.5 Lakhs to ₹12.9 Lakhs per year
Kotak Mahindara Life Insurance	₹5.0 Lakhs to ₹12.9 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 Procurement Manager at AXA Business Services in India?

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

Experience	Average Salary Range
11 years	₹16.0 Lakhs to ₹16.0 Lakhs per year
12 years	₹16.5 Lakhs to ₹17.8 Lakhs per year
13 years	₹16.5 Lakhs to ₹34.0 Lakhs per year
14 years	₹18.9 Lakhs to ₹24.2 Lakhs per year

and so on.

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AXA Business Services Procurement Manager Salaries

AXA Business Services Procurement Manager salary in India ranges between ₹16 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 AXA Business Services latest salaries received from various employees of AXA Business Services.