Axis Max Life Insurance Deputy Manager Salaries by 700+ Employees (Updated 2025)

0 - 13 years exp.

₹2.4 Lakhs - ₹8.7 Lakhs

Salary of majority employees

Fixed (100%)

₹5.1 Lakhs

Variable (0%)

₹0.0

47% less than the average Deputy Manager Salary in Insurance Companies for 0 - 13 years of experience

Interested in this particular role? 12 job openings

Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 0 - 13 years exp. (278 salaries)	₹2.7 L/yr - ₹8.5 L/yr
Sales & Business Development Deputy Manager Salary 0 - 13 years exp. (193 salaries)	₹2.4 L/yr - ₹7.5 L/yr
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Customer Success, Service & Operations Deputy Manager Salary 0 - 13 years exp. (100 salaries)	₹3.1 L/yr - ₹8.7 L/yr
Finance & Accounting Deputy Manager Salary 0 - 10 years exp. (41 salaries)	₹3.4 L/yr - ₹7.2 L/yr
Marketing & Communication Deputy Manager Salary 0 - 10 years exp. (31 salaries)	₹3.3 L/yr - ₹7.5 L/yr

Last Updated: 1 Mar 2025

Companies similar to Axis Max Life Insurance for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Deputy Manager Salary 0 - 15 years exp. (818 salaries)	₹3.5 L/yr - ₹12.2 L/yr 56% more
ICICI Prudential Life Insurance Deputy Manager Salary 0 - 7 years exp. (49 salaries)	₹2.4 L/yr - ₹8 L/yr 5% less
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Bajaj Allianz Life Insurance Deputy Manager Salary 1 - 16 years exp. (326 salaries)	₹4.5 L/yr - ₹16 L/yr 104% more
SBI Life Insurance Company Deputy Manager Salary 2 - 15 years exp. (38 salaries)	₹2.5 L/yr - ₹10 L/yr 25% more
Tata AIA Life Insurance Deputy Manager Salary 3 - 8 years exp. (16 salaries)	₹3.2 L/yr - ₹10.5 L/yr 11% more
Kotak Mahindara Life Insurance Deputy Manager Salary 0 - 9 years exp. (858 salaries)	₹2.3 L/yr - ₹5.7 L/yr 19% less
HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (947 salaries)	₹3.2 L/yr - ₹10.3 L/yr 15% more
Star Health & Allied Insurance Deputy Manager Salary 2 - 13 years exp. (207 salaries)	₹3 L/yr - ₹9.3 L/yr 19% more
Aditya Birla Sun Life Insurance Deputy Manager Salary 2 - 10 years exp. (187 salaries)	₹2.9 L/yr - ₹10 L/yr 18% more
SBI General Insurance Deputy Manager Salary 4 - 11 years exp. (178 salaries)	₹4 L/yr - ₹9.1 L/yr 8% more

View all

Deputy Manager salary at Axis Max Life Insurance ranges between ₹2.4 Lakhs to ₹8.7 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 793 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Deputy Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
Fresher (21 salaries)	₹2.6 L/yr - ₹6 L/yr
1 year (26 salaries)	₹3.3 L/yr - ₹6 L/yr
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2 years (56 salaries)	₹3 L/yr - ₹5.7 L/yr
3 years (92 salaries)	₹3.1 L/yr - ₹7.5 L/yr
4 years (127 salaries)	₹2.4 L/yr - ₹7.7 L/yr
5 years (120 salaries)	₹3 L/yr - ₹7.6 L/yr
6 years (92 salaries)	₹3 L/yr - ₹7.6 L/yr
7 years (71 salaries)	₹3.3 L/yr - ₹7.8 L/yr
8 years (61 salaries)	₹3.4 L/yr - ₹8 L/yr
9 years (39 salaries)	₹3.3 L/yr - ₹8.5 L/yr
10 years (36 salaries)	₹3.4 L/yr - ₹8.4 L/yr
11 years (24 salaries)	₹3.7 L/yr - ₹8.7 L/yr
12 years (17 salaries)	₹3.6 L/yr - ₹7.5 L/yr
13 years (11 salaries)	₹3.6 L/yr - ₹7.8 L/yr

View all

From

Deputy Manager

₹

Lakhs/yr

0 - 13 years exp.

Assistant Vice President

₹

Lakhs/yr

8 - 23 years exp.

Deputy Manager 0 - 13 years exp.

Manager 5 - 15 years exp.

67% hike

Senior Manager 3 - 17 years exp.

104% hike

Similar Designation salaries in Axis Max Life Insurance

Team Manager Salary

(9 salaries)

₹5.72 L/yr - ₹11.35 L/yr

Delivery Manager Salary

(3 salaries)

₹10 L/yr - ₹20.31 L/yr

Store Manager Salary

(3 salaries)

₹2.5 L/yr - ₹7 L/yr

Branch Manager Salary

(139 salaries)

₹7 L/yr - ₹14 L/yr

Area Manager Salary

(259 salaries)

₹4.2 L/yr - ₹14.5 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Cluster Manager Salary

(188 salaries)

₹4.75 L/yr - ₹14 L/yr

Service Manager Salary

(6 salaries)

₹1.65 L/yr - ₹3.5 L/yr

Deputy Branch Manager Salary

(5 salaries)

₹1 L/yr - ₹10 L/yr

Program Manager Salary

(13 salaries)

₹6.15 L/yr - ₹25.12 L/yr

Top skills at Axis Max Life Insurance for Deputy Manager

Sales Financial Services Sales Process Management Excel Relationship Management Relationship Building Financial Planning Customer Service Finance Mutual Funds Loans Customer Experience Banking Service Delivery

Salary related reviews for Axis Max Life Insurance

4.0

Rated by 232 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

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

Operations Executive in Howrah

Operations Department

5.0

• posted on 02 Jun 2021

4.0

for Salary and Benefits

Likes

Very good company for both personal and professional growth.Employee centric.Friendly environment.Colleagues and seniors are very much co-operative which is very helpful for a new joinee.I shared a great relation with them.A very much customer oriented company when it comes to service.

Salary - Good

+6 more

Dislikes

Salary structure needs to improve for an off-role employee else everything is fine.

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

Operations Executive in Ranchi

BFSI, Investments & Trading Department

5.0

• posted on 28 May 2019

5.0

for Salary and Benefits

Likes

Working with the max life insurance is such a great experience . My team leaders are very supportive , salary package is not to too but its okay, i have learned too many things there but work life balance is not too good

Salary - Excellent

+6 more

Dislikes

The thing that i dislike in working in max life insurance that is we all employee work every sunday but not even a single employee get compensation for the working on sunday.

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Axis Max Life Insurance Deputy Manager Salary FAQs

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

Deputy Manager salary at Axis Max Life Insurance in India ranges between ₹2.4 Lakhs to ₹8.7 Lakhs for less than 1 year of experience to 13 years. According to our estimates it is 47% less than the average Deputy Manager Salary in India. Salary estimates are based on 793 latest salaries received from various employees of Axis Max Life Insurance India.

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

The average salary of a Deputy Manager at Axis Max Life Insurance is 47% less than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Deputy Manager at Axis Max Life Insurance?

Sales, Financial Services, Sales Process, Management and Excel are some of the popular skills required to work as a Deputy Manager at Axis Max Life Insurance India.

Which similar companies are paying more than Axis Max Life Insurance to a Deputy Manager in India?

The New India Assurance Co. Deputy Manager Salary - ₹17.0 Lakhs to ₹26.0 Lakhs per year
United India Insurance Company Deputy Manager Salary - ₹11.0 Lakhs to ₹24.0 Lakhs per year
The Oriental Insurance Co. Deputy Manager Salary - ₹15.0 Lakhs to ₹21.0 Lakhs per year
Royal Sundaram General Insurance Deputy Manager Salary - ₹12.0 Lakhs to ₹17.4 Lakhs per year
Bajaj Allianz General Insurance Deputy Manager Salary - ₹7.3 Lakhs to ₹16.0 Lakhs per year

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

Bajaj Allianz Life Insurance Deputy Manager Salary - ₹4.5 Lakhs to ₹16.0 Lakhs per year
ManipalCigna Health Insurance Deputy Manager Salary - ₹4.0 Lakhs to ₹13.4 Lakhs per year
Allianz Deputy Manager Salary - ₹6.6 Lakhs to ₹12.2 Lakhs per year
Cholamandalam MS General Insurance Deputy Manager Salary - ₹4.0 Lakhs to ₹11.2 Lakhs per year
Magma HDI General Insurance Deputy Manager Salary - ₹5.5 Lakhs to ₹10.5 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Axis Max Life Insurance ranges between ₹38,373 per month to ₹39,563 per month in India. The take-home salary calculation is based on the average Axis Max Life Insurance Deputy Manager salary in India which ranges between ₹2.4 Lakhs to ₹8.7 Lakhs per year for employees with less than 1 year of experience to 13 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at Axis Max Life Insurance?

According to AmbitionBox, 43% of the Axis Max Life Insurance Deputy Managers reported a notice period of 2 Months, 38% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 1k responses on AmbitionBox in last 2 years.

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Axis Max Life Insurance Deputy Manager Salaries

Axis Max Life Insurance Deputy Manager salary in India ranges between ₹2.4 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 793 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

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

Companies similar to Axis Max Life Insurance for Deputy Manager

Latest annual salaries shared by Axis Max Life Insurance Deputy Manager

Experience wise Axis Max Life Insurance Deputy Manager salaries

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Deputy Manager

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Business Development Manager in Meerut

Operations Executive in Howrah

Business Development Manager in Tirunelveli

Operations Executive in Ranchi

Axis Max Life Insurance Deputy Manager Salary FAQs

Tell us how to improve this page.

Axis Max Life Insurance Deputy Manager Salaries by Location