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

4 - 9 years exp.

₹6.5 Lakhs - ₹7.3 Lakhs

Low Confidence

Salary of majority employees

Fixed (90%)

₹6.3 Lakhs

Variable (10%)

₹0.7 Lakh

30% less than the average Assistant Manager Procurement Salary in Insurance Companies for 4 - 9 years of experience

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Last Updated: 29 Jan 2025

Companies similar to Axis Max Life Insurance for Assistant Manager Procurement

Company name	Avg Annual Salary	Open Jobs
HDFC Life Assistant Manager Procurement Salary 5 - 9 years exp. (4 salaries)	₹5.2 L/yr - ₹7.5 L/yr 17% less
HDFC Ergo General Insurance Assistant Manager Procurement Salary 6 - 10 years exp. (4 salaries)	₹4.1 L/yr - ₹9 L/yr 10% less
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MetLife Assistant Manager Procurement Salary 12 - 14 years exp. (3 salaries)	₹11 L/yr - ₹14 L/yr 77% more
Genpact Assistant Manager Procurement Salary 4 - 12 years exp. (50 salaries)	₹6 L/yr - ₹13.5 L/yr 38% more	1 job opening
Larsen & Toubro Limited Assistant Manager Procurement Salary 3 - 18 years exp. (43 salaries)	₹6.6 L/yr - ₹17 L/yr 78% more

Assistant Manager Procurement salary at Axis Max Life Insurance ranges between ₹6.5 Lakhs to ₹7.3 Lakhs per year for employees with experience between 4 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 Procurement salaries

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹12.5 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.3 L/yr
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6 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹12.6 L/yr
7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.6 L/yr

View all

Similar Designation salaries in Axis Max Life Insurance

Procurement Manager Salary

(7 salaries)

₹11 L/yr - ₹17 L/yr

Senior Executive Procurement Salary

(4 salaries)

₹3 L/yr - ₹5.2 L/yr

Procurement Executive Salary

(4 salaries)

₹2.7 L/yr - ₹5.2 L/yr

Deputy Manager Procurement Salary

(AmbitionBox Estimate)

₹8.3 L/yr - ₹10.6 L/yr

Senior Manager Procurement Salary

(AmbitionBox Estimate)

₹18.2 L/yr - ₹23.2 L/yr

Logistics Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Counsellor Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Commercial Executive Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Supply Chain Sr.Executive Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Assistant Manager Transport Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for Axis Max Life Insurance

Data Scientist in Gurgaon / Gurugram

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3.0

• posted on 01 Aug 2024

3.0

for Salary and Benefits

Likes

Office Space Multiple business problems to solve.

Dislikes

Salary Too much office politics. Sometimes good work is limited to some folks. Career growth opportunities are limited to only some section of the teams

Company culture - Poor

+1 more

Relationship Associate in Raipur

Full Time

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1.0

• posted on 29 Jul 2024

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Job security

Dislikes

Appraisal depends upon reporting manager, new candidates came with higher package but old employees voice can not get into company ear because of team leaders. Competition are very good in this situation.

Salary - Bad

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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

Associate in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 May 2024

1.0

for Salary and Benefits

Likes

Nothing good here

Dislikes

...arget is not complete. Target is so high that you will never receive incentives. Pay is too less and pressure, toxicity and politics is too high.

Salary - Bad

+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

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What people are saying about Axis Max Life Insurance

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wiserhino

works at

Max Life Insurance

Looking for career Growth I have 6+ years of experience in Hr operations & Recruitment currently withdrawing 4.9LPA Kindly suggest some tips for salary and career growth

Kindly give me some tips for salary growth

Salary growth

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Axis Max Life Insurance Assistant Manager Procurement Salary FAQs

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

Assistant Manager Procurement salary at Max Life Insurance in India ranges between ₹6.5 Lakhs to ₹7.3 Lakhs for experience between 4 years to 9 years. According to our estimates it is 30% less than the average Assistant Manager Procurement 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 Procurement at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Assistant Manager Procurement at Max Life Insurance is 30% less than the average salary of a Assistant Manager Procurement in India. To know exact salary insights, login to view.

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

Larsen & Toubro Limited Assistant Manager Procurement Salary - ₹6.6 Lakhs to ₹17.0 Lakhs per year
MetLife Assistant Manager Procurement Salary - ₹11.0 Lakhs to ₹14.0 Lakhs per year
Genpact Assistant Manager Procurement Salary - ₹6.0 Lakhs to ₹13.5 Lakhs per year

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

HDFC Ergo General Insurance Assistant Manager Procurement Salary - ₹4.1 Lakhs to ₹9.0 Lakhs per year
HDFC Life Assistant Manager Procurement Salary - ₹5.2 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Assistant Manager Procurement at Max Life Insurance ranges between ₹52,304 per month to ₹53,603 per month in India. The take-home salary calculation is based on the average Max Life Insurance Assistant Manager Procurement salary in India which ranges between ₹6.5 Lakhs to ₹7.3 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Max Life Insurance Assistant Manager Procurements reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Max Life Insurance Assistant Manager Procurement Salaries

Axis Max Life Insurance Assistant Manager Procurement salary in India ranges between ₹6.5 Lakhs to ₹7.3 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.