Axis Max Life Insurance Assistant Vice President Procurement Salaries by 4 Employees (Updated 2025)

14 - 20 years exp.

₹23 Lakhs - ₹38.7 Lakhs

Low Confidence

Salary of majority employees

Fixed (88%)

₹25.4 Lakhs

Variable (12%)

₹3.5 Lakhs

7% more than the average Assistant Vice President Procurement Salary in Insurance Companies for 14 - 20 years of experience

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Last Updated: 8 Jan 2025

Companies similar to Axis Max Life Insurance for Assistant Vice President Procurement

Company name	Avg Annual Salary	Open Jobs
Tata Capital Assistant Vice President Procurement Salary 14 - 17 years exp. (4 salaries)	₹22 L/yr - ₹26.5 L/yr 16% less
BOBCARD Ltd. Assistant Vice President Procurement Salary 13 - 16 years exp. (4 salaries)	₹15 L/yr - ₹18.1 L/yr 43% less	1 job opening
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State Street Bank Assistant Vice President Procurement Salary 14 - 16 years exp. (3 salaries)	₹38.1 L/yr - ₹48.6 L/yr 46% more
Barclays Assistant Vice President Procurement Salary 11 - 16 years exp. (3 salaries)	₹25 L/yr - ₹30.8 L/yr 3% less
Bharti AXA Life Insurance Assistant Vice President Procurement Salary 16 - 20 years exp. (3 salaries)	₹24 L/yr - ₹26 L/yr 12% less

Assistant Vice President Procurement salary at Axis Max Life Insurance ranges between ₹23 Lakhs to ₹38.7 Lakhs per year for employees with experience between 14 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Assistant Vice President Procurement salaries

Last Updated: 8 Jan 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.5 L/yr
Login to view exact salary
15+ years (3 salaries)	₹23 L/yr - ₹38.7 L/yr

Similar Designation salaries in Axis Max Life Insurance

Assistant General Manager Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Procurement Executive Salary

(4 salaries)

₹2.7 L/yr - ₹5.2 L/yr

Procurement Specialist Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Operations Manager Salary

(49 salaries)

₹2.15 L/yr - ₹11 L/yr

Deputy General Manager Salary

(3 salaries)

₹2.6 L/yr - ₹4.85 L/yr

Sourcing Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Team Lead Salary

(21 salaries)

₹2.6 L/yr - ₹9 L/yr

Deputy Manager Salary

(825 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Top skills at Axis Max Life Insurance for Assistant Vice President Procurement

Cost Reduction Supply Chain Management ERP Business operations Procurement Strategic Sourcing Outsourcing Performance Management Risk Management Financial Services

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

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

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

Data Scientist in Gurgaon / Gurugram

Full Time

Data Science & Analytics Department

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

BFSI, Investments & Trading Department

1.0

• posted on 29 Jul 2024

1.0

for Salary and Benefits

Likes

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

+5 more

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Axis Max Life Insurance Assistant Vice President Procurement Salary FAQs

What is the salary of Assistant Vice President Procurement at Axis Max Life Insurance ?

The average salary of a Assistant Vice President Procurement at Axis Max Life Insurance in India typically ranges from ₹23.0 Lakhs to ₹38.7 Lakhs per year, depending on experience (from 14 years to 20 years).

The top 10% of Assistant Vice President Procurement at Axis Max Life Insurance earn more than ₹38.7 Lakhs per year, and the top 1% earn over ₹38.7 Lakhs per year. Assistant Vice President Procurement 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 4 Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Assistant Vice President Procurement at Axis Max Life Insurance in India typically ranges from ₹1,79,391 to ₹1,86,365 per month. This is based on the average salary range of ₹23.0 Lakhs to ₹38.7 Lakhs per year for employees with experience ranging from 14 years to 20 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 4 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 Vice President Procurement at Axis Max Life Insurance ?

To be a Assistant Vice President Procurement at Axis Max Life Insurance in india, the key skills required include:

- Cost Reduction
- Supply Chain Management
- ERP
- Business operations
- Procurement

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 Vice President Procurement in India?

State Street Bank

₹38.1 Lakhs to ₹48.6 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 Vice President Procurement in companies similar to Axis Max Life Insurance in India?

The salary of a Assistant Vice President Procurement 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:

Barclays	₹25.0 Lakhs to ₹30.8 Lakhs per year
Bharti AXA Life Insurance	₹24.0 Lakhs to ₹26.0 Lakhs per year
Tata Capital	₹22.0 Lakhs to ₹26.5 Lakhs per year
BOBCARD Ltd.	₹15.0 Lakhs to ₹18.1 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 Vice President Procurement at Axis Max Life Insurance in India?

The salary growth for a Assistant Vice President Procurement at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Assistant Vice President Procurement can expect the following growth trajectory at Axis Max Life Insurance:

Experience	Average Salary Range
14 years	₹20.7 Lakhs to ₹26.5 Lakhs per year
15 years	₹23.0 Lakhs to ₹38.7 Lakhs per year

and so on.

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Axis Max Life Insurance Assistant Vice President Procurement Salaries

Axis Max Life Insurance Assistant Vice President Procurement salary in India ranges between ₹23 Lakhs to ₹38.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Assistant Vice President Procurement salaries in India (Updated 2025)

Companies similar to Axis Max Life Insurance for Assistant Vice President Procurement

Latest annual salaries shared by Axis Max Life Insurance Assistant Vice President Procurement

Experience wise Axis Max Life Insurance Assistant Vice President Procurement salaries

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Assistant Vice President Procurement

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Agency Development Manager in Kollam

Assistant Manager in New Delhi

Data Scientist in Gurgaon / Gurugram

Relationship Associate in Raipur

Axis Max Life Insurance Assistant Vice President Procurement Salary FAQs

Tell us how to improve this page.