Max Life Insurance Business Development Associate Salaries by 6 Employees (Updated 2025)

4 - 7 years exp.

₹3.5 Lakhs - ₹4.9 Lakhs

Low Confidence

Salary of majority employees

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21% less than the average Business Development Associate Salary in Insurance Companies for 4 - 7 years of experience

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Last Updated: 1 Jul 2024

Companies similar to Axis Max Life Insurance for Business Development Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Business Development Associate Salary 0 - 2 years exp. (5 salaries)	Unlock ₹3 L/yr - ₹4.7 L/yr 10% less
HDFC Life Business Development Associate Salary 0 - 6 years exp. (5 salaries)	Unlock ₹2.3 L/yr - ₹8 L/yr 9% more
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SBI Life Insurance Company Business Development Associate Salary 0 - 4 years exp. (5 salaries)	Unlock ₹2.3 L/yr - ₹4.5 L/yr 22% less
Bajaj Allianz Life Insurance Business Development Associate Salary Fresher (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹3.4 L/yr 31% less
Kotak Mahindara Life Insurance Business Development Associate Salary 1 - 11 years exp. (4 salaries)	Unlock ₹4 L/yr - ₹11 L/yr 33% more
Tata AIA Life Insurance Business Development Associate Salary 0 - 19 years exp. (5 salaries)	Unlock ₹2.5 L/yr - ₹5 L/yr 5% less
Life Insurance Corporation of India Business Development Associate Salary 2 - 15 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹12 L/yr 89% more
Star Union Dai-ichi Life Insurance Business Development Associate Salary 2 - 8 years exp. (67 salaries)	Unlock ₹2.4 L/yr - ₹4.4 L/yr 20% less
SBI General Insurance Business Development Associate Salary 0 - 5 years exp. (41 salaries)	Unlock ₹2 L/yr - ₹4 L/yr 41% less
ICICI Lombard General Insurance Company Business Development Associate Salary 0 - 3 years exp. (6 salaries)	Unlock ₹2.5 L/yr - ₹4.7 L/yr 12% less
Cholamandalam MS General Insurance Business Development Associate Salary 5 - 7 years exp. (3 salaries)	Unlock ₹4 L/yr - ₹7.2 L/yr 19% more
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Star Health & Allied Insurance Business Development Associate Salary 0 - 1 year exp. (3 salaries)	Unlock ₹2.1 L/yr - ₹3 L/yr 43% less

Business Development Associate salary at Axis Max Life Insurance ranges between ₹3.5 Lakhs to ₹4.9 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Business Development Associate salaries

Last Updated: 1 Jul 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹4.8 L/yr
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6 years (AmbitionBox Estimate)	Unlock ₹1.7 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹7.1 L/yr

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Salary related reviews for Axis Max Life Insurance

3.4

Rated by 4 employees for salary & benefits

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

Business Executive in New Delhi

Operations team Department

4.0

• posted on 26 Sep 2017

3.0

for Salary and Benefits

Likes

My teammates of banca channel that includes training team,operation team ,sales team all were cooperative,i got a very comfortable environment over there and want to work in furure as well.. company give opportunities to earn good amount of money and even tours by arranging contest..

Skill development - Excellent

+3 more

Dislikes

They dont concern about backend team,company is more concerned about sales team and they dont even pay attention on salary hikes thats backend team deserves..

Sales Manager in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 21 Sep 2019

4.0

for Salary and Benefits

Likes

Its a good company to work with and a good pay master but unfortunately hardly give time for family.

Salary - Good

+4 more

Dislikes

They dont give time for family. Although they keep saying good things to devote time with family but they dont let you spend time. Worked even 7 days a week till 2:30 A.M

see more salary related reviews

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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 Business Development Associate Salary FAQs

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

Business Development Associate salary at Max Life Insurance in India ranges between ₹3.5 Lakhs to ₹4.9 Lakhs for experience between 4 years to 7 years. According to our estimates it is 21% less than the average Business Development Associate Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Business Development Associate at Max Life Insurance is 21% less than the average salary of a Business Development Associate in India. To know exact salary insights, login to view.

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

Life Insurance Corporation of India Business Development Associate Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindara Life Insurance Business Development Associate Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year
Cholamandalam MS General Insurance Business Development Associate Salary - ₹4.0 Lakhs to ₹7.2 Lakhs per year
HDFC Life Business Development Associate Salary - ₹2.3 Lakhs to ₹8.0 Lakhs per year

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

Tata AIA Life Insurance Business Development Associate Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
ICICI Prudential Life Insurance Business Development Associate Salary - ₹3.0 Lakhs to ₹4.7 Lakhs per year
ICICI Lombard General Insurance Company Business Development Associate Salary - ₹2.5 Lakhs to ₹4.7 Lakhs per year
Star Union Dai-ichi Life Insurance Business Development Associate Salary - ₹2.4 Lakhs to ₹4.4 Lakhs per year
SBI Life Insurance Company Business Development Associate Salary - ₹2.3 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Business Development Associate at Max Life Insurance ranges between ₹32,779 per month to ₹34,052 per month in India. The take-home salary calculation is based on the average Max Life Insurance Business Development Associate salary in India which ranges between ₹3.5 Lakhs to ₹4.9 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Max Life Insurance Business Development Associates reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Max Life Insurance Business Development Associate Salaries

Axis Max Life Insurance Business Development Associate salary in India ranges between ₹3.5 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.