Axis Max Life Insurance Branch Development Manager Salaries by 5 Employees

4 - 8 years exp.

₹5.2 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

16% more than the average Branch Development Manager Salary in Insurance Companies for 4 - 8 years of experience

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Salaries in different departments

Sales & Business Development Branch Development Manager Salary 4 - 8 years exp. (3 salaries)	₹5.2 L/yr - ₹7 L/yr
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Marketing & Communication Branch Development Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.5 L/yr

Last Updated: 19 Mar 2024

Companies similar to Axis Max Life Insurance for Branch Development Manager

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Branch Development Manager Salary 4 - 9 years exp. (48 salaries)	₹2.8 L/yr - ₹5.8 L/yr 31% less
SBI General Insurance Branch Development Manager Salary 3 - 8 years exp. (27 salaries)	₹2.5 L/yr - ₹4.5 L/yr 43% less
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HDFC Life Branch Development Manager Salary 3 - 7 years exp. (11 salaries)	₹2.4 L/yr - ₹4 L/yr 48% less
Bajaj Allianz Life Insurance Branch Development Manager Salary 1 - 16 years exp. (5 salaries)	₹4.5 L/yr - ₹6 L/yr 13% less
Shriram Life Insurance Branch Development Manager Salary 5 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹3.3 L/yr 54% less
Cholamandalam MS General Insurance Branch Development Manager Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹7 L/yr 31% less
Bajaj Allianz General Insurance Branch Development Manager Salary 5 - 11 years exp. (4 salaries)	₹5.2 L/yr - ₹6.5 L/yr 4% less
Reliance Nippon Life Insurance Branch Development Manager Salary 3 - 12 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr 24% less

Branch Development Manager salary at Axis Max Life Insurance ranges between ₹5.2 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Branch Development Manager salaries

Last Updated: 19 Mar 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹10.6 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7 L/yr

Similar Designation salaries in Axis Max Life Insurance

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Senior Sales Manager Salary

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₹4.35 L/yr - ₹7.5 L/yr

Marketing Manager Salary

(12 salaries)

₹3.3 L/yr - ₹7.75 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Deputy Manager Salary

(810 salaries)

₹2.4 L/yr - ₹8.72 L/yr

Salary related reviews for Axis Max Life Insurance

5.0

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

see more salary related reviews

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What people are saying about Axis Max Life Insurance

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Aiming for a Big Career Jump targeting Senior Profiles in Marketing/Ecommerce?

Want to take on to VP Marketing level job opportunities with base in Delhi NCR. What my path should look like? Profile: Based out of Delhi NCR, 11 yoe in content marketing (across corporate+startups), Sr. Manager Digital Marketing

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Axis Max Life Insurance Branch Development Manager Salary FAQs

What is the salary of Branch Development Manager at Axis Max Life Insurance ?

The average salary of a Branch Development Manager at Axis Max Life Insurance in India typically ranges from ₹5.2 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Branch Development Manager at Axis Max Life Insurance earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Branch 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 5 Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Branch Development Manager at Axis Max Life Insurance in India typically ranges from ₹46,082 to ₹47,175 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 4 years to 8 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 5 salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Branch 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:

Bajaj Allianz General Insurance	₹5.2 Lakhs to ₹6.5 Lakhs per year
Bajaj Allianz Life Insurance	₹4.5 Lakhs to ₹6.0 Lakhs per year
Reliance Nippon Life Insurance	₹4.0 Lakhs to ₹5.0 Lakhs per year
Cholamandalam MS General Insurance	₹3.0 Lakhs to ₹7.0 Lakhs per year
SBI Life Insurance Company	₹2.8 Lakhs to ₹5.8 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 Branch Development Manager at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
4 years	₹5.2 Lakhs to ₹10.6 Lakhs per year
5 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
6 years	₹2.4 Lakhs to ₹6.5 Lakhs per year
7 years	₹2.4 Lakhs to ₹7.0 Lakhs per year

and so on.

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Axis Max Life Insurance Branch Development Manager Salaries

Axis Max Life Insurance Branch Development Manager salary in India ranges between ₹5.2 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.