Max Life Insurance ASM Salaries by 100+ Employees (Updated 2025)

1 - 9 years exp.

₹2.3 Lakhs - ₹4.8 Lakhs

Salary of majority employees

50% less than the average ASM Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading ASM Salary 1 - 7 years exp. (53 salaries)	₹2.3 L/yr - ₹4.5 L/yr
Sales & Business Development ASM Salary 2 - 9 years exp. (27 salaries)	₹2.6 L/yr - ₹4.6 L/yr
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Customer Success, Service & Operations ASM Salary 2 - 7 years exp. (18 salaries)	₹2.9 L/yr - ₹4.8 L/yr

Last Updated: 4 Feb 2025

Companies similar to Axis Max Life Insurance for ASM

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance ASM Salary 1 - 3 years exp. (3 salaries)	₹4.5 L/yr - ₹4.9 L/yr 29% more
HDFC Life ASM Salary 0 - 8 years exp. (62 salaries)	₹2.8 L/yr - ₹5.5 L/yr 8% more
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Bajaj Allianz Life Insurance ASM Salary 1 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹2.3 L/yr 40% less
Reliance Nippon Life Insurance ASM Salary 1 - 13 years exp. (8 salaries)	₹2 L/yr - ₹2.8 L/yr 34% less
Tata AIA Life Insurance ASM Salary 4 - 11 years exp. (4 salaries)	₹4 L/yr - ₹4.3 L/yr 10% more
Aditya Birla Sun Life Insurance ASM Salary 0 - 5 years exp. (10 salaries)	₹2.3 L/yr - ₹3.5 L/yr 25% less
Life Insurance Corporation of India ASM Salary 7 - 8 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 16% more
Aviva Life Insurance India ASM Salary 0 - 10 years exp. (10 salaries)	₹2.1 L/yr - ₹3 L/yr 31% less
Cholamandalam MS General Insurance ASM Salary 5 - 25 years exp. (4 salaries)	₹4.3 L/yr - ₹22 L/yr 159% more
HDFC Ergo General Insurance ASM Salary 0 - 9 years exp. (4 salaries)	₹3.2 L/yr - ₹10.5 L/yr 37% more
ICICI Lombard General Insurance Company ASM Salary 5 - 9 years exp. (3 salaries)	₹7.6 L/yr - ₹30 L/yr 400% more
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Royal Sundaram General Insurance ASM Salary 11 - 12 years exp. (3 salaries)	₹7 L/yr - ₹8 L/yr 95% more
Bajaj Allianz General Insurance ASM Salary 4 - 15 years exp. (3 salaries)	₹5.7 L/yr - ₹9 L/yr 99% more
ManipalCigna Health Insurance ASM Salary 5 - 11 years exp. (3 salaries)	₹4.5 L/yr - ₹8.3 L/yr 89% more

ASM salary at Axis Max Life Insurance ranges between ₹2.3 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 125 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance ASM salaries

Last Updated: 4 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.6 L/yr
2 years (18 salaries)	₹2.6 L/yr - ₹4.1 L/yr
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3 years (26 salaries)	₹2.3 L/yr - ₹4.5 L/yr
4 years (32 salaries)	₹2.5 L/yr - ₹4.5 L/yr
5 years (20 salaries)	₹2.9 L/yr - ₹4.5 L/yr
6 years (13 salaries)	₹2.5 L/yr - ₹4.5 L/yr
7 years (9 salaries)	₹2.9 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4 L/yr
9 years (3 salaries)	₹1.5 L/yr - ₹4.6 L/yr

View all

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Associate Agency Development Manager Salary

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Assistant Sales Manager Salary

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Senior Relationship Manager Salary

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Salary related reviews for Axis Max Life Insurance

4.0

Rated by 25 employees for salary & benefits

Agency Development Manager in Kollam

Full Time

Sales & Business Development Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Second Saturday and Sunday, third Saturday and Sundays are off. No other perks.

Dislikes

... from you. More than 5 persons already left the office with their toxic culture. Don't trust their words during interview they will give a package which is lesser than your current ctc and will give excuses as you will earn promotions in a fast track mode. nothing doing you will not meet their unrealistic targets. Hope my review will help future comers. thank you.

Salary - Poor

+6 more

Associate Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 01 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Worst management and HR. Management torture Lower level staff for business. Even HR also support manager and they take concall for business. Worst working conditions in Max life Cooperative banca channel I have seen in my life time.

Salary - Poor

+6 more

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Salary is good

Salary - Good

+1 more

Dislikes

Lack of training, harrasment candidate for work , lack of field help , managers are not supportive they just bark but don't motivate agency manager at every hour . Mentally torture the candidate for work and pressurized day night equally, call anytime without thinking it's an off or weak day holiday. Never think about personal life also the manager are shameless because they trespass their manager homes without intimation and do misbehave with everyone in office. The management is not good so do not join max life

Skill development - Bad

+4 more

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 16 Sep 2023

5.0

for Salary and Benefits

Likes

Pay and perk is good. Promotion opportunities are really good.

Salary - Excellent

+2 more

Dislikes

No support from Seniors. No discipline, only they need result even if you are new. They will start poking you and also not ready to support you.

Agency Development Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 30 Nov 2022

1.0

for Salary and Benefits

Likes

Good Local management, training program also good.

Dislikes

Fake commitment from hr department before joining about in hand salary, After joining totally different in hand salary coming. When I talk zonal hr she is not giving a proper solution. Also they are sending employees for field work but they are not paying petrol expenses to employees. Means you have not earn anything in your take home salary hike. Hr department is to much confused and roude. Saturday Sunday working. Also daily 9.30 to 8.00 timing average. Means no work life balance. Also you can develop advisor from your own contact and relations. Company don't have any data.

Salary - Bad

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Axis Max Life Insurance

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thickraspberry

works at

B P Oil Mills

Facing Toxic Culture and Management Issues.

I joined Axis Max Life Insurance, on 24 Dec 2024, After 11 Jan 2025 I started receiving hate and toxic culture from the female L1 Manager BRM. On Axis Max Life Insurance. Because I refused to do their personal work and work on the week off. Because I'm not the licking Employee. Now the female manager starts harassing me. The branch didn't even have the security CCTV Cameras so I don't have a Recording. But I have witnesses. She is too toxic And I feel mentally drained and harassing. What should I do because she is female I can't take unnecessary action. Please share the thoughts and advice and need help asap.

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Axis Max Life Insurance ASM Salary FAQs

What is the salary of ASM at Max Life Insurance?

ASM salary at Max Life Insurance in India ranges between ₹2.3 Lakhs to ₹4.8 Lakhs for experience between 1 years to 9 years. According to our estimates it is 50% less than the average ASM Salary in India. Salary estimates are based on 125 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a ASM at Max Life Insurance India compare with the average salary range for this job?

The average salary of a ASM at Max Life Insurance is 50% less than the average salary of a ASM in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance to a ASM in India?

ICICI Lombard General Insurance Company ASM Salary - ₹7.6 Lakhs to ₹30.0 Lakhs per year
Cholamandalam MS General Insurance ASM Salary - ₹4.3 Lakhs to ₹22.0 Lakhs per year
Bajaj Allianz General Insurance ASM Salary - ₹5.7 Lakhs to ₹9.0 Lakhs per year
Royal Sundaram General Insurance ASM Salary - ₹7.0 Lakhs to ₹8.0 Lakhs per year
ManipalCigna Health Insurance ASM Salary - ₹4.5 Lakhs to ₹8.3 Lakhs per year

What is the salary of a ASM in companies similar to Max Life Insurance in India?

HDFC Ergo General Insurance ASM Salary - ₹3.2 Lakhs to ₹10.5 Lakhs per year
ICICI Prudential Life Insurance ASM Salary - ₹4.5 Lakhs to ₹4.9 Lakhs per year
Life Insurance Corporation of India ASM Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Tata AIA Life Insurance ASM Salary - ₹4.0 Lakhs to ₹4.3 Lakhs per year
HDFC Life ASM Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a ASM at Max Life Insurance ranges between ₹27,284 per month to ₹28,689 per month in India. The take-home salary calculation is based on the average Max Life Insurance ASM salary in India which ranges between ₹2.3 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for ASM at Max Life Insurance?

According to AmbitionBox, 49% of the Max Life Insurance ASMs reported a notice period of 2 Months, 38% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 98 responses on AmbitionBox in last 2 years.

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Max Life Insurance ASM Salaries

Axis Max Life Insurance ASM salary in India ranges between ₹2.3 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 125 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.