Max Life Insurance Assistant Manager 1 Salaries by 5 Employees (Updated 2025)

5 - 9 years exp.

₹3.5 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

At par with the average Assistant Manager 1 Salary in Insurance Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager 1 Salary 5 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
Login to view exact salary
Sales & Business Development Assistant Manager 1 Salary 9 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 7 Jan 2025

Companies similar to Axis Max Life Insurance for Assistant Manager 1

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Assistant Manager 1 Salary 2 - 17 years exp. (5 salaries)	₹7.5 L/yr - ₹9.4 L/yr 83% more
Tata AIA Life Insurance Assistant Manager 1 Salary 4 - 13 years exp. (4 salaries)	₹5 L/yr - ₹7.3 L/yr 38% more
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Aditya Birla Sun Life Insurance Assistant Manager 1 Salary 3 - 10 years exp. (3 salaries)	₹2.5 L/yr - ₹4 L/yr 30% less
Star Health & Allied Insurance Assistant Manager 1 Salary 6 - 18 years exp. (3 salaries)	₹1.5 L/yr - ₹6.5 L/yr 6% more
ManipalCigna Health Insurance Assistant Manager 1 Salary 3 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹5.5 L/yr 10% more

Assistant Manager 1 salary at Axis Max Life Insurance ranges between ₹3.5 Lakhs to ₹6 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Assistant Manager 1 salaries

Last Updated: 7 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.8 L/yr
9 years (3 salaries)	₹4.3 L/yr - ₹6 L/yr

Similar Designation salaries in Axis Max Life Insurance

Assistant Manager O&M Salary

(3 salaries)

₹1 L/yr - ₹4.1 L/yr

Assistant Store Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Department Manager Salary

(3 salaries)

₹4.1 L/yr - ₹5.5 L/yr

Assistant Branch Manager Salary

(12 salaries)

₹5 L/yr - ₹8 L/yr

Operations Manager Salary

(50 salaries)

₹2.15 L/yr - ₹11 L/yr

Team Manager Salary

(9 salaries)

₹5.72 L/yr - ₹11.35 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Branch Manager Salary

(141 salaries)

₹7 L/yr - ₹14 L/yr

Deputy Manager Salary

(772 salaries)

₹2.4 L/yr - ₹9 L/yr

Sales Manager Salary

(609 salaries)

₹2.3 L/yr - ₹6.22 L/yr

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Full Time

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.

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.

Salary - Bad

+6 more

Senior Officer in Amritsar

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

Salary - Excellent

+4 more

Dislikes

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

Sales Manager in New Delhi

Full Time

Sales Department

2.0

• posted on 26 Nov 2022

2.0

for Salary and Benefits

Likes

...hing About Likes and dislike as company is not my Girlfriend or spouse to love There is only one rule once you perform for any company company will pay. Once you are not favourite for your manager you have to leave the company. No employee want to change the job real truth is employee change their manager.

Salary - Poor

+6 more

Operations Executive in Howrah

Operations Department

5.0

• posted on 02 Jun 2021

4.0

for Salary and Benefits

Likes

Very good company for both personal and professional growth.Employee centric.Friendly environment.Colleagues and seniors are very much co-operative which is very helpful for a new joinee.I shared a great relation with them.A very much customer oriented company when it comes to service.

Salary - Good

+6 more

Dislikes

Salary structure needs to improve for an off-role employee else everything is fine.

Operations Executive in Ranchi

BFSI, Investments & Trading Department

5.0

• posted on 28 May 2019

5.0

for Salary and Benefits

Likes

Working with the max life insurance is such a great experience . My team leaders are very supportive , salary package is not to too but its okay, i have learned too many things there but work life balance is not too good

Salary - Excellent

+6 more

Dislikes

The thing that i dislike in working in max life insurance that is we all employee work every sunday but not even a single employee get compensation for the working on sunday.

see more salary related reviews

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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 Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Max Life Insurance?

Assistant Manager 1 salary at Max Life Insurance in India ranges between ₹3.5 Lakhs to ₹6.0 Lakhs for experience between 5 years to 9 years. According to our estimates it is 1% less than the average Assistant Manager 1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Assistant Manager 1 at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Assistant Manager 1 at Max Life Insurance is 1% less than the average salary of a Assistant Manager 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance to a Assistant Manager 1 in India?

SBI Life Insurance Company Assistant Manager 1 Salary - ₹7.5 Lakhs to ₹9.4 Lakhs per year
Tata AIA Life Insurance Assistant Manager 1 Salary - ₹5.0 Lakhs to ₹7.3 Lakhs per year
ManipalCigna Health Insurance Assistant Manager 1 Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
Star Health & Allied Insurance Assistant Manager 1 Salary - ₹1.5 Lakhs to ₹6.5 Lakhs per year

What is the salary of a Assistant Manager 1 in companies similar to Max Life Insurance in India?

Aditya Birla Sun Life Insurance Assistant Manager 1 Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager 1 at Max Life Insurance in India?

The estimated take-home salary of a Assistant Manager 1 at Max Life Insurance ranges between ₹32,752 per month to ₹34,025 per month in India. The take-home salary calculation is based on the average Max Life Insurance Assistant Manager 1 salary in India which ranges between ₹3.5 Lakhs to ₹6.0 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager 1 at Max Life Insurance?

According to AmbitionBox, 50% of the Max Life Insurance Assistant Manager 1s reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Max Life Insurance Assistant Manager 1 Salaries

Axis Max Life Insurance Assistant Manager 1 salary in India ranges between ₹3.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.