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Axis Max Life Insurance Chief Manager salaries in Mumbai (Updated 2025)

Annual salary range
8 - 20 years exp.
₹12.6 Lakhs - ₹30 Lakhs
Salary of majority employees
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8% more than the average Chief Manager Salary in Insurance Companies for 8 - 20 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

BFSI, Investments & Trading
Chief Manager Salary
13 - 17 years exp. (7 salaries)
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₹12.7 L/yr - ₹30 L/yr

Sales & Business Development
Chief Manager Salary
11 - 20 years exp. (4 salaries)
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₹12.6 L/yr - ₹27 L/yr

Customer Success, Service & Operations
Chief Manager Salary
15 - 20 years exp. (AmbitionBox Estimate)
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₹20.9 L/yr - ₹28 L/yr

Teaching & Training
Chief Manager Salary
18 - 20 years exp. (AmbitionBox Estimate)
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₹15.6 L/yr - ₹25.2 L/yr

Product Management
Chief Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹23 L/yr - ₹29 L/yr

View all

Last Updated: 28 Feb 2025

Companies similar to Axis Max Life Insurance for Chief Manager in Mumbai

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Axis Max Life Insurance Chief Manager Salary

8 - 20 years exp. (18 salaries)

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₹12.6 L/yr - ₹30 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹5.5 L/yr - ₹18.5 L/yr

arrow icon 49% less
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₹10 L/yr - ₹21.5 L/yr

arrow icon 29% less
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HDFC Life Chief Manager Salary

5 - 20 years exp. (163 salaries)

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₹14 L/yr - ₹30 L/yr

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2 job openings
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₹14.5 L/yr - ₹40 L/yr

arrow icon 15% more
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₹8 L/yr - ₹25 L/yr

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₹12 L/yr - ₹32.5 L/yr

arrow icon 5% less
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PNB MetLife Chief Manager Salary

6 - 16 years exp. (31 salaries)

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₹18.2 L/yr - ₹30.6 L/yr

arrow icon 7% more
1 job opening
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SBI General Insurance Chief Manager Salary

4 - 20 years exp. (24 salaries)

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₹12 L/yr - ₹20.7 L/yr

arrow icon 32% less
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₹18 L/yr - ₹37.8 L/yr

arrow icon 3% more
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₹20 L/yr - ₹24.3 L/yr

arrow icon 3% less
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Gallagher Chief Manager Salary

7 - 13 years exp. (3 salaries)

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₹15 L/yr - ₹17.5 L/yr

arrow icon 30% less
Chief Manager salary at Axis Max Life Insurance ranges between ₹12.6 Lakhs to ₹30 Lakhs per year for employees with experience between 8 years to 20 years. Salary estimates are based on 18 latest salaries received from various employees of Axis Max Life Insurance.

Latest annual salaries shared by Axis Max Life Insurance Chief Manager in Mumbai

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Experience wise Axis Max Life Insurance Chief Manager salaries in Mumbai

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹10.2 L/yr - ₹28 L/yr
9 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹29 L/yr
10 years (AmbitionBox Estimate)

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₹22.4 L/yr - ₹28.7 L/yr
11 years (AmbitionBox Estimate)

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₹15.1 L/yr - ₹44.3 L/yr
12 years (AmbitionBox Estimate)

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₹17.3 L/yr - ₹43.7 L/yr
View all
Axis Max Life Insurance Chief Manager Salary and Career Growth

From

To

Chief Manager

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7 - 20 years exp.

Assistant Vice President

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13 - 24 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Axis Max Life Insurance

Sales Manager Salary
(71 salaries)
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₹2.8 L/yr - ₹6 L/yr
Deputy Manager Salary
(68 salaries)
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₹3.15 L/yr - ₹7.7 L/yr
Area Manager Salary
(28 salaries)
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₹5 L/yr - ₹11 L/yr
Cluster Manager Salary
(18 salaries)
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₹6.5 L/yr - ₹12 L/yr
Branch Manager Salary
(12 salaries)
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₹7.3 L/yr - ₹12.5 L/yr
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₹4.33 L/yr - ₹9.82 L/yr
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₹10.35 L/yr - ₹16 L/yr

Top skills at Axis Max Life Insurance for Chief Manager

Life Insurance Business Planning Marketing Business Strategy Corporate Strategy Project Management Analytical Chemistry Strategic Planning Performance Management Training Change Management IRDA Financial Modelling Sales Financial Services

Salary related reviews for Axis Max Life Insurance

2.0

Rated by 1 employees for salary & benefits

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.

read more

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.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Poor
  • +6 more

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.

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Dislikes

  • Salary - Bad
  • Job security - Bad
  • +4 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing Nothing Nothing

see more salary related reviews

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Axis Max Life Insurance Chief Manager Salary FAQs

What is the salary of Chief Manager at Axis Max Life Insurance in Mumbai?
The average salary of a Chief Manager at Axis Max Life Insurance in Mumbai typically ranges from ₹12.6 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 8 years to 20 years).

The top 10% of Chief Manager in Mumbai at Axis Max Life Insurance earn more than ₹28.9 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Chief 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 10+ Axis Max Life Insurance employees in India.
What is the estimated take home salary of a Chief Manager at Axis Max Life Insurance in Mumbai?
The estimated take-home salary of a Chief Manager at Axis Max Life Insurance in Mumbai typically ranges from ₹1,51,684 to ₹1,57,406 per month. This is based on the average salary range of ₹12.6 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 8 years to 20 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 10+ 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 Chief Manager at Axis Max Life Insurance in Mumbai?
To be a Chief Manager at Axis Max Life Insurance in Mumbai, the key skills required include:

  • - Life Insurance
  • - Business Planning
  • - Marketing
  • - Business Strategy
  • - Corporate Strategy

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 Chief Manager in India?
ICICI Prudential Life Insurance ₹14.5 Lakhs to ₹40.0 Lakhs per year
PNB MetLife ₹18.2 Lakhs to ₹30.6 Lakhs per year
Bajaj Allianz Life Insurance ₹18.0 Lakhs to ₹37.8 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 Chief Manager in companies similar to Axis Max Life Insurance in Mumbai?
The salary of a Chief Manager at companies similar to Axis Max Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cholamandalam MS General Insurance ₹20.0 Lakhs to ₹24.3 Lakhs per year
HDFC Life ₹14.0 Lakhs to ₹30.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹12.0 Lakhs to ₹32.5 Lakhs per year
ICICI Lombard General Insurance Company ₹10.0 Lakhs to ₹21.5 Lakhs per year
Gallagher ₹15.0 Lakhs to ₹17.5 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 Chief Manager at Axis Max Life Insurance in Mumbai?
The salary growth for a Chief Manager at Axis Max Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Chief Manager in Mumbai can expect the following growth trajectory at Axis Max Life Insurance:

Experience Average Salary Range
8 years ₹10.2 Lakhs to ₹28.0 Lakhs per year
9 years ₹10.1 Lakhs to ₹29.0 Lakhs per year
10 years ₹22.4 Lakhs to ₹28.7 Lakhs per year
11 years ₹15.1 Lakhs to ₹44.3 Lakhs per year
and so on.

Tell us how to improve this page.

Axis Max Life Insurance Chief Manager salary in Mumbai ranges between ₹12.6 Lakhs to ₹30 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.