Max Life Insurance Associate Business Development Manager Salaries by 10+ Employees (Updated 2025)

2 - 10 years exp.

₹2.4 Lakhs - ₹5.2 Lakhs

Salary of majority employees

58% less than the average Associate Business Development Manager Salary in Insurance Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Business Development Manager Salary 4 - 10 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr
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Sales & Business Development Associate Business Development Manager Salary 3 - 8 years exp. (4 salaries)	₹2.4 L/yr - ₹5.2 L/yr

Last Updated: 3 Nov 2023

Companies similar to Axis Max Life Insurance for Associate Business Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Associate Business Development Manager Salary 1 - 2 years exp. (5 salaries)	₹4.5 L/yr - ₹5 L/yr 11% more
HDFC Life Associate Business Development Manager Salary 0 - 4 years exp. (4 salaries)	₹3.1 L/yr - ₹5 L/yr 9% less
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Kotak Mahindara Life Insurance Associate Business Development Manager Salary 5 - 15 years exp. (16 salaries)	₹5.1 L/yr - ₹7.3 L/yr 45% more
ICICI Lombard General Insurance Company Associate Business Development Manager Salary 0 - 8 years exp. (5 salaries)	₹2.5 L/yr - ₹7.5 L/yr 13% more
Reliance Retail Associate Business Development Manager Salary 4 - 8 years exp. (25 salaries)	₹8 L/yr - ₹18 L/yr 240% more

Associate Business Development Manager salary at Axis Max Life Insurance ranges between ₹2.4 Lakhs to ₹5.2 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 12 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Associate Business Development Manager salaries

Last Updated: 3 Nov 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7.2 L/yr
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4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹7.4 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.7 L/yr
7 years (3 salaries)	₹4 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
10 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Axis Max Life Insurance

Senior Business Development Manager Salary

(16 salaries)

₹5.3 L/yr - ₹8.2 L/yr

Business Development Manager Salary

(170 salaries)

₹2.5 L/yr - ₹7.23 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Business Development Associate Salary

(6 salaries)

₹3.5 L/yr - ₹4.9 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Business Development Executive Salary

(7 salaries)

₹2.7 L/yr - ₹5 L/yr

Assistant Sales Manager Salary

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₹2.4 L/yr - ₹4.8 L/yr

Business Manager Salary

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₹3.05 L/yr - ₹6.35 L/yr

Zonal Sales Manager Salary

(5 salaries)

₹23 L/yr - ₹50 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Top skills at Axis Max Life Insurance for Associate Business Development Manager

Networking Monitoring Recruitment IRDA Team Development Sales Promotion Relationship Building Management IRDA Recruitment Supervision Sales Promotion Relationship Building Team Development Software Configuration Management

Salary related reviews for Axis Max Life Insurance

4.7

Rated by 2 employees for salary & benefits

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

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

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Dislikes

Salary - Bad
Job security - Bad

+4 more

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Branch Manager

Sales BD Department

5.0

• posted on 21 Dec 2018

5.0

for Salary and Benefits

Likes

It was very nice expierence to work with Max,very good teammates, nice growth appraisal excellent good salary Yes there is politics ay higher level high mode learning as per industry standards. It was turning point of my life.

Salary - Excellent

+6 more

Dislikes

Nothing Nothing Nothing

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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 Associate Business Development Manager Salary FAQs

What is the salary of Associate Business Development Manager at Max Life Insurance?

Associate Business Development Manager salary at Max Life Insurance in India ranges between ₹2.4 Lakhs to ₹5.2 Lakhs for experience between 2 years to 10 years. According to our estimates it is 58% less than the average Associate Business Development Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Associate Business Development Manager at Max Life Insurance is 58% less than the average salary of a Associate Business Development Manager in India. To know exact salary insights, login to view.

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

Networking, Monitoring, Recruitment, IRDA and Team Development are some of the popular skills required to work as a Associate Business Development Manager at Max Life Insurance India.

Which similar companies are paying more than Max Life Insurance to a Associate Business Development Manager in India?

Reliance Retail Associate Business Development Manager Salary - ₹8.0 Lakhs to ₹18.0 Lakhs per year
Kotak Mahindara Life Insurance Associate Business Development Manager Salary - ₹5.1 Lakhs to ₹7.3 Lakhs per year
ICICI Lombard General Insurance Company Associate Business Development Manager Salary - ₹2.5 Lakhs to ₹7.5 Lakhs per year
ICICI Prudential Life Insurance Associate Business Development Manager Salary - ₹4.5 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Associate Business Development Manager in companies similar to Max Life Insurance in India?

HDFC Life Associate Business Development Manager Salary - ₹3.1 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Associate Business Development Manager at Max Life Insurance in India?

The estimated take-home salary of a Associate Business Development Manager at Max Life Insurance ranges between ₹31,991 per month to ₹33,276 per month in India. The take-home salary calculation is based on the average Max Life Insurance Associate Business Development Manager salary in India which ranges between ₹2.4 Lakhs to ₹5.2 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Associate Business Development Manager at Max Life Insurance?

According to AmbitionBox, 25% of the Max Life Insurance Associate Business Development Managers reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Max Life Insurance Associate Business Development Manager Salaries

Axis Max Life Insurance Associate Business Development Manager salary in India ranges between ₹2.4 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Associate Business Development Manager salaries in India

Companies similar to Axis Max Life Insurance for Associate Business Development Manager

Latest annual salaries shared by Axis Max Life Insurance Associate Business Development Manager

Experience wise Max Life Insurance Associate Business Development Manager salaries

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Associate Business Development Manager

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Sales Manager in New Delhi

Business Development Manager in Meerut

Business Development Manager in Tirunelveli

Branch Manager

Axis Max Life Insurance Associate Business Development Manager Salary FAQs

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Axis Max Life Insurance Associate Business Development Manager Salaries by Location