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Axis Max Life Insurance Assistant Manager salaries in India (Updated 2025)

Annual salary range
0 - 10 years exp.
₹2 Lakhs - ₹8 Lakhs
Salary of majority employees
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Fixed (100%)
₹4.3 Lakhs
Variable (0%)
₹0.0
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50% less than the average Assistant Manager Salary in Insurance Companies for 0 - 10 years of experience

Interested in this particular role? 21 job openings

Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
0 - 10 years exp. (210 salaries)
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₹2 L/yr - ₹8 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
0 - 10 years exp. (133 salaries)
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₹2.2 L/yr - ₹6.7 L/yr

Sales & Business Development
Assistant Manager Salary
0 - 10 years exp. (96 salaries)
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₹2.5 L/yr - ₹7.5 L/yr

Finance & Accounting
Assistant Manager Salary
0 - 8 years exp. (33 salaries)
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₹2.8 L/yr - ₹6.5 L/yr

Marketing & Communication
Assistant Manager Salary
0 - 10 years exp. (25 salaries)
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₹2.4 L/yr - ₹7.5 L/yr

Last Updated: 17 Mar 2025

Companies similar to Axis Max Life Insurance for Assistant Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Assistant Manager Salary

1 - 9 years exp. (255 salaries)

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₹2.4 L/yr - ₹7 L/yr

arrow icon 12% more
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₹3 L/yr - ₹7.1 L/yr

arrow icon 25% more
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₹4 L/yr - ₹13.6 L/yr

arrow icon 90% more
1 job opening
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₹4 L/yr - ₹12 L/yr

arrow icon 65% more
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Tata AIA Life Insurance Assistant Manager Salary

2 - 17 years exp. (580 salaries)

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₹3.8 L/yr - ₹14 L/yr

arrow icon 108% more
34 job openings
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₹2 L/yr - ₹8 L/yr

arrow icon 8% less
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₹2 L/yr - ₹4.8 L/yr

arrow icon 14% less
2 job openings
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₹2.6 L/yr - ₹9.5 L/yr

arrow icon 33% more
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₹1 L/yr - ₹8 L/yr

arrow icon 6% more
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MetLife Assistant Manager Salary

4 - 15 years exp. (858 salaries)

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₹7.4 L/yr - ₹30 L/yr

arrow icon 329% more
View all
Assistant Manager salary at Axis Max Life Insurance ranges between ₹2 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 640 latest salaries received from various employees of Axis Max Life Insurance.

Latest annual salaries shared by Axis Max Life Insurance Assistant Manager

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Experience wise Axis Max Life Insurance Assistant Manager salaries

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
Fresher  (29 salaries)

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₹2 L/yr - ₹5.5 L/yr
1 year  (43 salaries)

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₹2 L/yr - ₹5.2 L/yr
2 years  (82 salaries)

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₹2 L/yr - ₹5 L/yr
3 years  (102 salaries)

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₹2.4 L/yr - ₹6 L/yr
4 years  (96 salaries)

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₹2.4 L/yr - ₹6 L/yr
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Axis Max Life Insurance Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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0 - 10 years exp.

Assistant Vice President

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8 - 24 years exp.

Assistant Manager

0 - 10 years exp.
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Deputy Manager

0 - 14 years exp.
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arrow icon 21% hike

Manager

5 - 15 years exp.
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arrow icon 60% hike
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.

Similar Designation salaries in Axis Max Life Insurance

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₹1 L/yr - ₹4.1 L/yr
Assistant Store Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
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₹5 L/yr - ₹8 L/yr
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₹2.15 L/yr - ₹11 L/yr
Team Manager Salary
(9 salaries)
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₹5.72 L/yr - ₹11.35 L/yr
Store Manager Salary
(3 salaries)
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₹2.5 L/yr - ₹7 L/yr
Branch Manager Salary
(139 salaries)
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₹7 L/yr - ₹14 L/yr
Deputy Manager Salary
(795 salaries)
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₹2.4 L/yr - ₹8.5 L/yr
Sales Manager Salary
(616 salaries)
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₹2.5 L/yr - ₹6.5 L/yr

Top skills at Axis Max Life Insurance for Assistant Manager

Customer Service Sales Financial Services Sales Process Management

Salary related reviews for Axis Max Life Insurance

3.9

Rated by 279 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 03 Feb 2025

2.0
 for  Salary and Benefits

Likes

The thing is like about max life insurance is salary credit is on time and 2nd and 3rd Saturday is also weekoff.

read more

Dislikes

...they expect high level quality work from employees. Worst management and system. Field work also involved in the low salary. 2 field visit per day.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 03 Jul 2023

1.0
 for  Salary and Benefits

Likes

Nothing for like except employee exploitation, MLI is a ideal for employee exploitation.

Dislikes

Worst experience, not having value and respect of employees. Salary paid by the company to me was to much low as per industrial standards. I was accept only due to COVID situation. They take advantage of the situation and committed me 30% degraded salary as per the previous organization and after the month provided me 50% LESS salary. Then gave me again false commitment of salatlry increasing here after end of probation period of 6 months, then at end of the probation not any changes in salary but so many time changes in location of work without traveling allowance. All fake hierarchy levels in MLI.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 07 Apr 2022

1.0
 for  Salary and Benefits

Likes

All employees are very good but internally competition creation by the company for the business. Top management Good.

  • Skill development - Excellent

Dislikes

Salary is very few and career growth very slow. They utilize only your contact. Bus Run... Run.. Run.. Run..

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  • Salary - Bad
  • +4 more

Full Time

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Customer Success, Service & Operations Department

1.0
  •  posted on 05 Jan 2024

1.0
 for  Salary and Benefits

Likes

To be very honest . Leaders are not at all good. They don’t treat people with respect. Just Bogus Company I ever worked with.

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Dislikes

Everything. Full of Politics. Managers and leaders are not at all good.. Doesn’t provide Exact salary. And the KRA’s don’t match what they said during Interview.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 02 Jul 2023

5.0
 for  Salary and Benefits

Likes

Max is best company in insurance sector Max always appreciate his employee & also pays a good salary, incentive, sizzler to his employee I will again join the max

read more
  • Salary - Excellent
  • +4 more

Dislikes

My few colleagues always trying to misguide each other and some have jealousy for someone's being best

see more salary related reviews

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Axis Max Life Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Axis Max Life Insurance ?
The average salary of a Assistant Manager at Axis Max Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Assistant Manager at Axis Max Life Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹6.7 Lakhs per year. Assistant Manager Salaries at Axis Max Life Insurance 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 600+ Axis Max Life Insurance employees in India.
What is the estimated take home salary of a Assistant Manager at Axis Max Life Insurance in India?
The estimated take-home salary of a Assistant Manager at Axis Max Life Insurance in India typically ranges from ₹31,665 to ₹32,954 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from Fresher to 10 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 600+ salaries received from various employees of Axis Max Life Insurance. 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 Axis Max Life Insurance ?
To be a Assistant Manager at Axis Max Life Insurance in india, the key skills required include:

  • - Customer Service
  • - Sales
  • - Financial Services
  • - Sales Process
  • - Management

These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Axis Max Life Insurance for Assistant Manager in India?
MetLife ₹7.4 Lakhs to ₹30.0 Lakhs per year
AXA ₹10.0 Lakhs to ₹25.0 Lakhs per year
United India Insurance Company ₹7.0 Lakhs to ₹22.0 Lakhs per year
The New India Assurance Co. ₹10.0 Lakhs to ₹19.0 Lakhs per year
The Oriental Insurance Co. ₹6.1 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.
What is the salary of a Assistant Manager in companies similar to Axis Max Life Insurance in India?
The salary of a Assistant Manager at companies similar to Axis Max Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Royal Sundaram General Insurance ₹5.2 Lakhs to ₹17.0 Lakhs per year
AIG ₹5.0 Lakhs to ₹16.0 Lakhs per year
Tata AIA Life Insurance ₹3.8 Lakhs to ₹14.0 Lakhs per year
Bajaj Allianz Life Insurance ₹4.0 Lakhs to ₹13.6 Lakhs per year
Bajaj Allianz General Insurance ₹4.5 Lakhs to ₹10.7 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 Axis Max Life Insurance in India?
The salary growth for a Assistant Manager at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at Axis Max Life Insurance:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹5.5 Lakhs per year
1 year ₹2.0 Lakhs to ₹5.2 Lakhs per year
2 years ₹2.0 Lakhs to ₹5.0 Lakhs per year
3 years ₹2.4 Lakhs to ₹6.0 Lakhs per year
and so on.

Tell us how to improve this page.

Axis Max Life Insurance Assistant Manager salary in India ranges between ₹2 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 640 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.