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Axis Max Life Insurance Associate Development Manager salaries in India (Updated 2025)

Annual salary range
2 - 12 years exp.
₹2.5 Lakhs - ₹5 Lakhs
Salary of majority employees
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79% less than the average Associate Development Manager Salary in Insurance Companies for 2 - 12 years of experience

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Salaries in different departments

Sales & Business Development
Associate Development Manager Salary
5 - 12 years exp. (8 salaries)
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₹2.5 L/yr - ₹5 L/yr

Healthcare & Life Sciences
Associate Development Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Associate Development Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹4.5 L/yr

Marketing & Communication
Associate Development Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr

Last Updated: 30 Jan 2025

Companies similar to Axis Max Life Insurance for Associate Development Manager

Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹3.7 L/yr

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₹3.4 L/yr - ₹4 L/yr

arrow icon 7% more
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₹3.5 L/yr - ₹7 L/yr

arrow icon 35% more
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₹4 L/yr - ₹5.7 L/yr

arrow icon 48% more
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₹1.8 L/yr - ₹2.4 L/yr

arrow icon 38% less
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₹2.6 L/yr - ₹4.3 L/yr

arrow icon 3% less
Associate Development Manager salary at Axis Max Life Insurance ranges between ₹2.5 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 23 latest salaries received from various employees of Axis Max Life Insurance.

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

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Experience wise Axis Max Life Insurance Associate Development Manager salaries

Last Updated: 30 Jan 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.5 L/yr
4 years  (3 salaries)

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₹1.4 L/yr - ₹4.3 L/yr
5 years  (4 salaries)

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₹3 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
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Similar Designation salaries in Axis Max Life Insurance

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₹2.4 L/yr - ₹4.2 L/yr
Project Manager Salary
(22 salaries)
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₹5.12 L/yr - ₹17 L/yr
Senior Software Developer Salary
(AmbitionBox Estimate)
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₹29.5 L/yr - ₹37.7 L/yr
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₹4.6 L/yr - ₹15 L/yr
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₹12 L/yr - ₹18.5 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr
Lead Engineer Salary
(AmbitionBox Estimate)
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₹18.5 L/yr - ₹23.6 L/yr
Lead Consultant Salary
(AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr
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₹11.5 L/yr - ₹30.3 L/yr
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₹2.05 L/yr - ₹5 L/yr

Top skills at Axis Max Life Insurance for Associate Development Manager

Field Sales Management Life Insurance Insurance agency Sales Field Sales

Salary related reviews for Axis Max Life Insurance

4.2

Rated by 6 employees for salary & benefits

Full Time

 · 

Other Department

1.0
  •  posted on 28 Sep 2022

3.0
 for  Salary and Benefits

Likes

...other competitors. Also the Incentives/Variables are excellent and good enough. Except the basic Salary Package. But the Management Working in Nagpur Branch is Unorganized and Chaotic. Steps to succeed any Agency channel are Simple, Bring Agents, Train them, make them Understand the work and then Business comes in Automatically when ur agent is Upto the mark. But here it's totally Chaotic. Wish i could explain in few words what a sorry state of working environment is in Nagpur Branch.

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Dislikes

1. The basic Salary package they provide is much LOWER than the competitors. 2. What i Disliked most is the Working Environment. Specifically Of Our Branch. (Nagpur 1 - Under Office Head MANISH NATH , and His Sidekick ATUL CHITNAVIS (EVIL TWINS OF NAGPUR BRANCH) *I DO NOT KNOW HOW THE OTHER BRANCHES IN PAN INDIA WORKS THIS REVIEW IS SOLELY FOR MY BRANCH NAGPUR 1, NOT ANY OTHER BRANCH. 3. The Pressure of Business Procurement is from First Month. As soon as your done with your training (Online Training nowadays) they start Hammering you for Business. And the Pressure is so severe it almost feels like an Harassment. 4. As Insurance is a Need based product. Nobody can sell a Policy on a Daily Basis as if it's Milk or Bread. 5. They (MANISH&ATUL) would even Pressurize you to buy out your own Policy. 6. Worst thing is the language and manner of speaking with an employee whether a performer/Non Performer , New one or Vintage one is so Unethical and Degrading. It is so insulting to an extent that i have seen grown-ups cry coz of such insult. 7. Even if it's a Well Reputed Company but the Attitude and Harrassing behavior of the seniors makes most of Employees new or old to leave. 8. Doesn't matter if u were the performer of the Month or Year, if there is something they want and u couldn't deliver, they would forget all ur past achievements and treat you as an Useless Baggage. 9. The worst Thing i felt is the lack of respect as a Human to ur employees, Disgraceful comments such as "You're ur Parent's Mistake" , "You are Not even a Man" and many more things which i can't type here. Imagine what it does to a person when he listens such infront of whole staff? How does it affect his mentality? How can they expect anyone to go on Field and work with a clear mind after listening to such in morning meeting? (Morning meetings are nothing but Shouting competition of MANISH & ATUL) 10.And there is no need of a Genius to predict this, that if the behavior of such So called managers and Office Heads doesn't change, this Insurance Titanic is surely heading towards the Iceberg.

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  • Skill development - Bad
  • +5 more

Full Time

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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.

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  • Salary - Poor
  • +6 more

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.

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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.

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  • Salary - Poor
  • +5 more

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

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  • Company culture - Poor
  • +1 more

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.

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  • Salary - Bad
  • +5 more
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Axis Max Life Insurance Associate Development Manager Salary FAQs

What is the salary of Associate Development Manager at Axis Max Life Insurance ?
The average salary of a Associate Development Manager at Axis Max Life Insurance in India typically ranges from ₹2.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of Associate Development Manager at Axis Max Life Insurance earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Associate Development Manager 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 20+ Axis Max Life Insurance employees in India.
What is the estimated take home salary of a Associate Development Manager at Axis Max Life Insurance in India?
The estimated take-home salary of a Associate Development Manager at Axis Max Life Insurance in India typically ranges from ₹25,577 to ₹27,007 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 years to 12 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 20+ 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 Associate Development Manager at Axis Max Life Insurance ?
To be a Associate Development Manager at Axis Max Life Insurance in india, the key skills required include:

  • - Field Sales Management
  • - Life Insurance
  • - Insurance
  • - agency
  • - Sales

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 Associate Development Manager in India?
HDFC Life ₹4.0 Lakhs to ₹5.7 Lakhs per year
ICICI Prudential Life Insurance ₹3.5 Lakhs to ₹7.0 Lakhs per year
Kotak Mahindara Life Insurance ₹3.4 Lakhs to ₹4.0 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 Associate Development Manager in companies similar to Axis Max Life Insurance in India?
The salary of a Associate Development Manager 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:

HDFC Ergo General Insurance ₹2.6 Lakhs to ₹4.3 Lakhs per year
ICICI Lombard General Insurance Company ₹2.0 Lakhs to ₹3.7 Lakhs per year
Reliance Nippon Life Insurance ₹1.8 Lakhs to ₹2.4 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 Associate Development Manager at Axis Max Life Insurance in India?
The salary growth for a Associate Development Manager at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Associate Development Manager can expect the following growth trajectory at Axis Max Life Insurance:

Experience Average Salary Range
2 years ₹1.4 Lakhs to ₹3.8 Lakhs per year
3 years ₹3.2 Lakhs to ₹4.5 Lakhs per year
4 years ₹1.4 Lakhs to ₹4.3 Lakhs per year
5 years ₹3.0 Lakhs to ₹4.5 Lakhs per year
and so on.

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Axis Max Life Insurance Associate Development Manager salary in India ranges between ₹2.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 23 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.