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

Annual salary range
0 - 13 years exp.
₹3.2 Lakhs - ₹7.7 Lakhs
Salary of majority employees
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38% 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
1 - 13 years exp. (30 salaries)
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₹3.2 L/yr - ₹7.7 L/yr

Sales & Business Development
Deputy Manager Salary
3 - 13 years exp. (19 salaries)
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₹3.5 L/yr - ₹6.7 L/yr

Finance & Accounting
Deputy Manager Salary
0 - 5 years exp. (5 salaries)
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₹3.8 L/yr - ₹6.2 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
2 - 8 years exp. (4 salaries)
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₹4 L/yr - ₹5.5 L/yr

Marketing & Communication
Deputy Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹6.3 L/yr

Last Updated: 12 Feb 2025

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

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Axis Max Life Insurance Deputy Manager Salary

0 - 13 years exp. (70 salaries)

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₹3.2 L/yr - ₹7.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Deputy Manager Salary

2 - 15 years exp. (424 salaries)

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₹3.5 L/yr - ₹14.4 L/yr

arrow icon 51% more
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₹3.8 L/yr - ₹8 L/yr

arrow icon 1% more
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₹5 L/yr - ₹16.5 L/yr

arrow icon 100% more
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₹4.5 L/yr - ₹10 L/yr

arrow icon 30% more
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₹3.2 L/yr - ₹10.5 L/yr

arrow icon 16% more
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₹2.3 L/yr - ₹6.3 L/yr

arrow icon 18% less
Logo
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₹3 L/yr - ₹10.3 L/yr

arrow icon 12% more
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₹3.2 L/yr - ₹10 L/yr

arrow icon 26% more
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₹4.8 L/yr - ₹11 L/yr

arrow icon 73% more
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₹5.5 L/yr - ₹13.6 L/yr

arrow icon 84% more
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₹3.7 L/yr - ₹14.4 L/yr

arrow icon 61% more
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PNB MetLife Deputy Manager Salary

4 - 16 years exp. (48 salaries)

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₹5.9 L/yr - ₹12.6 L/yr

arrow icon 60% more
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₹5.8 L/yr - ₹10.5 L/yr

arrow icon 62% more
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SBI General Insurance Deputy Manager Salary

4 - 11 years exp. (28 salaries)

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₹4.3 L/yr - ₹10.6 L/yr

arrow icon 11% more
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₹4.8 L/yr - ₹7 L/yr

arrow icon 21% more
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₹4.7 L/yr - ₹11 L/yr

arrow icon 37% more
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₹9.5 L/yr - ₹14 L/yr

arrow icon 136% more
4 job openings
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₹6 L/yr - ₹11 L/yr

arrow icon 57% more
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₹20 L/yr - ₹26 L/yr

arrow icon 306% more
Deputy Manager salary at Axis Max Life Insurance ranges between ₹3.2 Lakhs to ₹7.7 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 70 latest salaries received from various employees of Axis Max Life Insurance.

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

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Experience wise Axis Max Life Insurance Deputy Manager salaries in Mumbai

Last Updated: 12 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.6 L/yr - ₹7.8 L/yr
1 year (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
2 years  (5 salaries)

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₹3.7 L/yr - ₹5.5 L/yr
3 years  (10 salaries)

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₹3.3 L/yr - ₹5.8 L/yr
4 years  (7 salaries)

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₹3.2 L/yr - ₹5.5 L/yr
View all
Axis Max Life Insurance Deputy Manager Salary and Career Growth

From

To

Deputy Manager

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0 - 14 years exp.

Assistant Vice President

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8 - 24 years exp.

Deputy Manager

0 - 14 years exp.
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Manager

5 - 15 years exp.
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arrow icon 68% hike

Senior Manager

3 - 17 years exp.
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arrow icon 109% hike
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

Area Manager Salary
(28 salaries)
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₹5 L/yr - ₹11.21 L/yr
Cluster Manager Salary
(19 salaries)
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₹5.06 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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₹7 L/yr - ₹23.96 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
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Salary related reviews for Axis Max Life Insurance

4.1

Rated by 10 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

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.

read more

Dislikes

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

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.

read more
  • Salary - Good
  • +6 more

Dislikes

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

read 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

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

read more
  • 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.

read more
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Axis Max Life Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Axis Max Life Insurance Mumbai?
Deputy Manager salary at Axis Max Life Insurance in Mumbai ranges between ₹3.2 Lakhs to ₹7.7 Lakhs for less than 1 year of experience to 13 years. According to our estimates it is 38% less than the average Deputy Manager Salary in India. Salary estimates are based on 70 latest salaries received from various employees of Axis Max Life Insurance Mumbai.
How does the salary of a Deputy Manager at Axis Max Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Deputy Manager at Axis Max Life Insurance is 38% less than the average salary of a Deputy Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than Axis Max Life Insurance to a Deputy Manager in Mumbai?
  • The New India Assurance Co. Deputy Manager Salary - ₹20.0 Lakhs to ₹26.0 Lakhs per year
  • Bajaj Allianz General Insurance Deputy Manager Salary - ₹9.5 Lakhs to ₹14.0 Lakhs per year
  • Bajaj Allianz Life Insurance Deputy Manager Salary - ₹5.0 Lakhs to ₹16.5 Lakhs per year
  • ManipalCigna Health Insurance Deputy Manager Salary - ₹5.5 Lakhs to ₹13.6 Lakhs per year
  • Star Union Dai-ichi Life Insurance Deputy Manager Salary - ₹4.8 Lakhs to ₹11.0 Lakhs per year
What is the salary of a Deputy Manager in companies similar to Axis Max Life Insurance in Mumbai?
  • Magma HDI General Insurance Deputy Manager Salary - ₹5.8 Lakhs to ₹10.5 Lakhs per year
  • Reliance Nippon Life Insurance Deputy Manager Salary - ₹3.7 Lakhs to ₹14.4 Lakhs per year
  • PNB MetLife Deputy Manager Salary - ₹5.9 Lakhs to ₹12.6 Lakhs per year
  • Cholamandalam MS General Insurance Deputy Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
  • HDFC Life Deputy Manager Salary - ₹3.5 Lakhs to ₹14.4 Lakhs per year
What is the estimated take home salary of a Deputy Manager at Axis Max Life Insurance in Mumbai?
The estimated take-home salary of a Deputy Manager at Axis Max Life Insurance ranges between ₹40,055 per month to ₹41,219 per month in Mumbai. The take-home salary calculation is based on the average Axis Max Life Insurance Deputy Manager salary in India which ranges between ₹3.2 Lakhs to ₹7.7 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 in Mumbai?
According to AmbitionBox, 45% of the Axis Max Life Insurance Deputy Managers in Mumbai reported a notice period of 2 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 47 responses on AmbitionBox in last 2 years.

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Axis Max Life Insurance Deputy Manager salary in Mumbai ranges between ₹3.2 Lakhs to ₹7.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 70 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

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