Max Life Insurance Mumbai Assistant Vice President Salaries by 20+ Employees (Updated 2025)

11 - 23 years exp.

₹18.5 Lakhs - ₹39 Lakhs

Salary of majority employees

22% less than the average Assistant Vice President Salary in Insurance Companies for 11 - 23 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Vice President Salary 14 - 21 years exp. (8 salaries)	₹18.5 L/yr - ₹31 L/yr
Sales & Business Development Assistant Vice President Salary 19 - 23 years exp. (5 salaries)	₹10.5 L/yr - ₹20 L/yr
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Risk Management & Compliance Assistant Vice President Salary 11 - 13 years exp. (3 salaries)	₹13.7 L/yr - ₹45 L/yr
Strategic & Top Management Assistant Vice President Salary 16 - 21 years exp. (3 salaries)	₹20 L/yr - ₹22 L/yr
Marketing & Communication Assistant Vice President Salary 14 years exp. (AmbitionBox Estimate)	₹10.5 L/yr - ₹29.3 L/yr

Last Updated: 8 Feb 2025

Companies similar to Axis Max Life Insurance for Assistant Vice President in Mumbai

Axis Max Life Insurance Assistant Vice President Salary

11 - 23 years exp. (22 salaries)

₹18.5 L/yr - ₹39 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Assistant Vice President Salary 15 - 24 years exp. (15 salaries)	₹22.2 L/yr - ₹52 L/yr 51% more	1 job opening
Tata AIA Life Insurance Assistant Vice President Salary 12 - 21 years exp. (46 salaries)	₹19.2 L/yr - ₹51 L/yr 52% more	17 job openings
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Kotak Mahindara Life Insurance Assistant Vice President Salary 9 - 20 years exp. (93 salaries)	₹8.5 L/yr - ₹30 L/yr 16% less	1 job opening
Reliance Nippon Life Insurance Assistant Vice President Salary 5 - 20 years exp. (4 salaries)	₹15 L/yr - ₹31 L/yr 3% more
Bharti AXA Life Insurance Assistant Vice President Salary 9 - 14 years exp. (5 salaries)	₹25 L/yr - ₹37 L/yr 24% more
Aditya Birla Sun Life Insurance Assistant Vice President Salary 10 - 20 years exp. (7 salaries)	₹40 L/yr - ₹56 L/yr 96% more
HDFC Ergo General Insurance Assistant Vice President Salary 10 - 21 years exp. (76 salaries)	₹11.7 L/yr - ₹32 L/yr 2% more
Star Union Dai-ichi Life Insurance Assistant Vice President Salary 10 - 20 years exp. (20 salaries)	₹19 L/yr - ₹45 L/yr 45% more	1 job opening
ManipalCigna Health Insurance Assistant Vice President Salary 14 - 19 years exp. (11 salaries)	₹19.5 L/yr - ₹40 L/yr 31% more
SBI General Insurance Assistant Vice President Salary 11 - 20 years exp. (9 salaries)	₹18.2 L/yr - ₹34.9 L/yr 34% more
ICICI Lombard General Insurance Company Assistant Vice President Salary 15 years exp. (AmbitionBox Estimate)	₹21.7 L/yr - ₹27.7 L/yr 11% more
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Gallagher Assistant Vice President Salary 9 - 16 years exp. (5 salaries)	₹20 L/yr - ₹26 L/yr 5% more
Bajaj Allianz General Insurance Assistant Vice President Salary 17 - 19 years exp. (3 salaries)	₹32 L/yr - ₹43 L/yr 71% more

Assistant Vice President salary at Axis Max Life Insurance ranges between ₹18.5 Lakhs to ₹39 Lakhs per year for employees with experience between 11 years to 23 years. Salary estimates are based on 22 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Assistant Vice President salaries in Mumbai

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹39 L/yr
12 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹39 L/yr
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13 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹42 L/yr
14 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹29.3 L/yr
15+ years (17 salaries)	₹18.5 L/yr - ₹35 L/yr

Similar Designation salaries in Axis Max Life Insurance

Deputy Manager Salary

(70 salaries)

₹3.15 L/yr - ₹7.7 L/yr

Area Manager Salary

(28 salaries)

₹5 L/yr - ₹11.21 L/yr

Center Manager Salary

(23 salaries)

₹6.2 L/yr - ₹11.85 L/yr

Chief Manager Salary

(14 salaries)

₹12.6 L/yr - ₹30 L/yr

Financial Service Consultant Salary

(11 salaries)

₹2.9 L/yr - ₹4.35 L/yr

Aadm Salary

(9 salaries)

₹2.85 L/yr - ₹3.9 L/yr

Training Manager Salary

(9 salaries)

₹5 L/yr - ₹9.5 L/yr

Operations Executive Salary

(9 salaries)

₹1.2 L/yr - ₹3.24 L/yr

MIS Executive Salary

(8 salaries)

₹1.9 L/yr - ₹4.07 L/yr

Financial Advisor Salary

(5 salaries)

₹2.2 L/yr - ₹4.03 L/yr

Top skills at Axis Max Life Insurance for Assistant Vice President

Financial Services Sales Process Strategic Planning Sales Performance Management Training Business Planning Business Strategy Relationship Management Management Analytical Life Insurance Automation Bancassurance Project Management

Salary related reviews for Axis Max Life Insurance

4.9

Rated by 2 employees for salary & benefits

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

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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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 Vice President Salary FAQs

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

Assistant Vice President salary at Max Life Insurance in Mumbai ranges between ₹18.5 Lakhs to ₹39.0 Lakhs for experience between 11 years to 23 years. According to our estimates it is 22% less than the average Assistant Vice President Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Max Life Insurance Mumbai.

How does the salary of a Assistant Vice President at Max Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Assistant Vice President at Max Life Insurance is 22% less than the average salary of a Assistant Vice President in Mumbai. To know exact salary insights, login to view.

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

Financial Services, Sales Process, Strategic Planning, Sales and Performance Management are some of the popular skills required to work as a Assistant Vice President at Max Life Insurance Mumbai.

Which similar companies are paying more than Max Life Insurance to a Assistant Vice President in Mumbai?

Aditya Birla Sun Life Insurance Assistant Vice President Salary - ₹40.0 Lakhs to ₹56.0 Lakhs per year
Bajaj Allianz General Insurance Assistant Vice President Salary - ₹32.0 Lakhs to ₹43.0 Lakhs per year
Tata AIA Life Insurance Assistant Vice President Salary - ₹19.2 Lakhs to ₹51.0 Lakhs per year
HDFC Life Assistant Vice President Salary - ₹22.2 Lakhs to ₹52.0 Lakhs per year
Star Union Dai-ichi Life Insurance Assistant Vice President Salary - ₹19.0 Lakhs to ₹45.0 Lakhs per year

What is the salary of a Assistant Vice President in companies similar to Max Life Insurance in Mumbai?

SBI General Insurance Assistant Vice President Salary - ₹18.2 Lakhs to ₹34.9 Lakhs per year
ManipalCigna Health Insurance Assistant Vice President Salary - ₹19.5 Lakhs to ₹40.0 Lakhs per year
Bharti AXA Life Insurance Assistant Vice President Salary - ₹25.0 Lakhs to ₹37.0 Lakhs per year
ICICI Lombard General Insurance Company Assistant Vice President Salary - ₹21.7 Lakhs to ₹27.7 Lakhs per year
Gallagher Assistant Vice President Salary - ₹20.0 Lakhs to ₹26.0 Lakhs per year

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

The estimated take-home salary of a Assistant Vice President at Max Life Insurance ranges between ₹1,44,723 per month to ₹1,50,131 per month in Mumbai. The take-home salary calculation is based on the average Max Life Insurance Assistant Vice President salary in India which ranges between ₹18.5 Lakhs to ₹39.0 Lakhs per year for employees with experience between 11 years to 23 years. Check how did we calculate take home salary?

What is the notice period for Assistant Vice President at Max Life Insurance in Mumbai?

According to AmbitionBox, 70% of the Max Life Insurance Assistant Vice Presidents in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Max Life Insurance Assistant Vice President Salaries in Mumbai

Axis Max Life Insurance Assistant Vice President salary in Mumbai ranges between ₹18.5 Lakhs to ₹39 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.