Max Life Insurance Pune Assistant Manager Salaries by 40+ Employees (Updated 2025)

0 - 10 years exp.

₹2.5 Lakhs - ₹8 Lakhs

Salary of majority employees

49% less than the average Assistant Manager Salary in Insurance Companies for 0 - 10 years of experience

Interested in this particular role? 13 job openings

Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 0 - 10 years exp. (13 salaries)	₹2.5 L/yr - ₹8 L/yr
Sales & Business Development Assistant Manager Salary 0 - 7 years exp. (11 salaries)	₹2.8 L/yr - ₹5 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 2 - 9 years exp. (6 salaries)	₹2.8 L/yr - ₹5.2 L/yr
Finance & Accounting Assistant Manager Salary 0 - 8 years exp. (5 salaries)	₹3 L/yr - ₹4.5 L/yr
Marketing & Communication Assistant Manager Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹6 L/yr

View all

Last Updated: 1 Feb 2025

Companies similar to Axis Max Life Insurance for Assistant Manager in Pune

Axis Max Life Insurance Assistant Manager Salary

0 - 10 years exp. (44 salaries)

₹2.5 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Assistant Manager Salary 1 - 9 years exp. (13 salaries)	₹3.8 L/yr - ₹6.5 L/yr 14% more
ICICI Prudential Life Insurance Assistant Manager Salary 1 - 11 years exp. (54 salaries)	₹4 L/yr - ₹7.1 L/yr 28% more
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Bajaj Allianz Life Insurance Assistant Manager Salary 2 - 14 years exp. (164 salaries)	₹3.5 L/yr - ₹15 L/yr 103% more	1 job opening
SBI Life Insurance Company Assistant Manager Salary 0 - 12 years exp. (13 salaries)	₹5 L/yr - ₹10.5 L/yr 85% more
Tata AIA Life Insurance Assistant Manager Salary 2 - 16 years exp. (16 salaries)	₹4.3 L/yr - ₹11.8 L/yr 110% more	54 job openings
Reliance Nippon Life Insurance Assistant Manager Salary 1 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹8 L/yr 4% less
Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (20 salaries)	₹3.5 L/yr - ₹8.1 L/yr 52% more
Bajaj Allianz General Insurance Assistant Manager Salary 1 - 16 years exp. (176 salaries)	₹5.1 L/yr - ₹10.6 L/yr 92% more	3 job openings
SBI General Insurance Assistant Manager Salary 0 - 7 years exp. (30 salaries)	₹3 L/yr - ₹8.4 L/yr 2% less
HDFC Ergo General Insurance Assistant Manager Salary 1 - 10 years exp. (26 salaries)	₹2.3 L/yr - ₹6.7 L/yr 17% more
Aditya Birla Sun Life Insurance Assistant Manager Salary 0 - 7 years exp. (24 salaries)	₹3 L/yr - ₹5.5 L/yr 3% more
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Star Union Dai-ichi Life Insurance Assistant Manager Salary 2 - 8 years exp. (12 salaries)	₹3 L/yr - ₹6.5 L/yr 2% less
MetLife Assistant Manager Salary 5 - 12 years exp. (10 salaries)	₹14.2 L/yr - ₹28.6 L/yr 400% more	2 job openings
Star Health & Allied Insurance Assistant Manager Salary 5 - 11 years exp. (8 salaries)	₹3 L/yr - ₹6.5 L/yr 18% more
Magma HDI General Insurance Assistant Manager Salary 1 - 5 years exp. (5 salaries)	₹5 L/yr - ₹5.8 L/yr 38% more
ICICI Lombard General Insurance Company Assistant Manager Salary 1 - 4 years exp. (3 salaries)	₹5 L/yr - ₹8.3 L/yr 62% more
AXA Assistant Manager Salary 5 - 9 years exp. (3 salaries)	₹16.2 L/yr - ₹18 L/yr 289% more

Assistant Manager salary at Axis Max Life Insurance ranges between ₹2.5 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 44 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Assistant Manager salaries in Pune

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	₹2.6 L/yr - ₹3.3 L/yr
1 year (3 salaries)	₹2.8 L/yr - ₹6.2 L/yr
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2 years (12 salaries)	₹2.5 L/yr - ₹4 L/yr
3 years (6 salaries)	₹2.7 L/yr - ₹6.9 L/yr
4 years (5 salaries)	₹2.5 L/yr - ₹6 L/yr
5 years (3 salaries)	₹3.1 L/yr - ₹4.2 L/yr
6 years (3 salaries)	₹3.5 L/yr - ₹5.6 L/yr
7 years (3 salaries)	₹3 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.5 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹8.8 L/yr
10 years (AmbitionBox Estimate)	₹2 L/yr - ₹8 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

0 - 10 years exp.

Assistant Vice President

₹

Lakhs/yr

8 - 23 years exp.

Assistant Manager 0 - 10 years exp.

Deputy Manager 0 - 12 years exp.

19% hike

Manager 5 - 15 years exp.

83% hike

Similar Designation salaries in Axis Max Life Insurance

Deputy Manager Salary

(84 salaries)

₹3.05 L/yr - ₹7 L/yr

Sales Manager Salary

(36 salaries)

₹2.9 L/yr - ₹5.5 L/yr

Branch Manager Salary

(9 salaries)

₹8.5 L/yr - ₹10.95 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

3.5

Rated by 11 employees for salary & benefits

Assistant Manager in New Delhi

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.

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.

Salary - Poor

+5 more

Assistant Manager in Mumbai

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.

Salary - Bad

+6 more

Assistant Manager in Jodhpur

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..

Salary - Bad

+4 more

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

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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 Salary FAQs

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

Assistant Manager salary at Max Life Insurance in Pune ranges between ₹2.5 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 49% less than the average Assistant Manager Salary in India. Salary estimates are based on 44 latest salaries received from various employees of Max Life Insurance Pune.

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

The average salary of a Assistant Manager at Max Life Insurance is 49% less than the average salary of a Assistant Manager in Pune. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at Max Life Insurance?

Customer Service, Sales, Financial Services, Sales Process and Management are some of the popular skills required to work as a Assistant Manager at Max Life Insurance Pune.

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

MetLife Assistant Manager Salary - ₹14.2 Lakhs to ₹28.6 Lakhs per year
AXA Assistant Manager Salary - ₹16.2 Lakhs to ₹18.0 Lakhs per year
Tata AIA Life Insurance Assistant Manager Salary - ₹4.3 Lakhs to ₹11.8 Lakhs per year
Bajaj Allianz Life Insurance Assistant Manager Salary - ₹3.5 Lakhs to ₹15.0 Lakhs per year
Bajaj Allianz General Insurance Assistant Manager Salary - ₹5.1 Lakhs to ₹10.6 Lakhs per year

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

SBI Life Insurance Company Assistant Manager Salary - ₹5.0 Lakhs to ₹10.5 Lakhs per year
ICICI Lombard General Insurance Company Assistant Manager Salary - ₹5.0 Lakhs to ₹8.3 Lakhs per year
Aditya Birla Health Insurance Co Assistant Manager Salary - ₹3.5 Lakhs to ₹8.1 Lakhs per year
Magma HDI General Insurance Assistant Manager Salary - ₹5.0 Lakhs to ₹5.8 Lakhs per year
ICICI Prudential Life Insurance Assistant Manager Salary - ₹4.0 Lakhs to ₹7.1 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Max Life Insurance ranges between ₹30,924 per month to ₹32,224 per month in Pune. The take-home salary calculation is based on the average Max Life Insurance Assistant Manager salary in India which ranges between ₹2.5 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 44% of the Max Life Insurance Assistant Managers in Pune reported a notice period of 2 Months, 24% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

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Max Life Insurance Assistant Manager Salaries in Pune

Axis Max Life Insurance Assistant Manager salary in Pune ranges between ₹2.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 44 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Assistant Manager salaries in Pune

Companies similar to Axis Max Life Insurance for Assistant Manager in Pune

Latest annual salaries shared by Axis Max Life Insurance Assistant Manager in Pune

Experience wise Max Life Insurance Assistant Manager salaries in Pune

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Assistant Manager

Salary related reviews for Axis Max Life Insurance

Assistant Manager in New Delhi

Assistant Manager in Mumbai

Assistant Manager in Jodhpur

Deputy Manager in Kolkata

Senior Officer in Amritsar

Axis Max Life Insurance Assistant Manager Salary FAQs

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