Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary37% less than the average Deputy Manager Salary in Insurance Companies for 0 - 13 years of experience
Interested in this particular role? 20 job openings
Salaries in different departments
BFSI, Investments & Trading
Deputy Manager Salary
1 - 11
years
exp.
(29
salaries)
|  ₹3.2 L/yr - ₹7.7 L/yr |
Sales & Business Development
Deputy Manager Salary
3 - 13
years
exp.
(18
salaries)
| ₹3.5 L/yr - ₹6.7 L/yr |
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| |
Finance & Accounting
Deputy Manager Salary
0 - 5
years
exp.
(5
salaries)
| ₹3.8 L/yr - ₹6.3 L/yr |
Customer Success, Service & Operations
Deputy Manager Salary
2 - 8
years
exp.
(4
salaries)
| ₹4 L/yr - ₹6.5 L/yr |
Marketing & Communication
Deputy Manager Salary
8
years
exp.
(AmbitionBox Estimate)
| ₹4.4 L/yr - ₹6.3 L/yr |
Companies similar to Axis Max Life Insurance for Deputy Manager in Mumbai
Axis Max Life Insurance
Deputy Manager Salary
0 - 13 years exp. (68 salaries) |  ₹3.2 L/yr - ₹7.7 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Deputy Manager Salary
0 - 15 years exp. (477 salaries) | ₹3.5 L/yr - ₹12.5 L/yr 
48%
more | |
 Kotak Mahindara Life Insurance Deputy Manager Salary
0 - 10 years exp. (435 salaries) | ₹2.3 L/yr - ₹5.7 L/yr 
24%
less | |
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| ||
 HDFC Ergo General Insurance Deputy Manager Salary
0 - 13 years exp. (259 salaries) | ₹3.5 L/yr - ₹10.3 L/yr
11%
more | |
 Bajaj Allianz Life Insurance Deputy Manager Salary
1 - 15 years exp. (74 salaries) | ₹5 L/yr - ₹16.5 L/yr
96%
more | |
 Aditya Birla Sun Life Insurance Deputy Manager Salary
2 - 10 years exp. (69 salaries) | ₹3.2 L/yr - ₹9 L/yr
22%
more | |
 ManipalCigna Health Insurance Deputy Manager Salary
1 - 16 years exp. (61 salaries) | ₹5.5 L/yr - ₹13.4 L/yr
95%
more | |
 Star Union Dai-ichi Life Insurance Deputy Manager Salary
0 - 13 years exp. (58 salaries) | ₹4.8 L/yr - ₹11 L/yr
70%
more | |
 Reliance Nippon Life Insurance Deputy Manager Salary
1 - 17 years exp. (53 salaries) | ₹3.7 L/yr - ₹14.4 L/yr
58%
more | |
 PNB MetLife Deputy Manager Salary
4 - 16 years exp. (51 salaries) | ₹4 L/yr - ₹12.6 L/yr
60%
more | |
 Magma HDI General Insurance Deputy Manager Salary
1 - 16 years exp. (45 salaries) | ₹5.8 L/yr - ₹10.5 L/yr
62%
more | |
 SBI General Insurance Deputy Manager Salary
4 - 11 years exp. (28 salaries) | ₹4.3 L/yr - ₹10.6 L/yr
5%
more | |
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| ||
 Star Health & Allied Insurance Deputy Manager Salary
3 - 13 years exp. (13 salaries) | ₹4.8 L/yr - ₹7 L/yr
21%
more | |
 Cholamandalam MS General Insurance Deputy Manager Salary
1 - 11 years exp. (10 salaries) | ₹5.6 L/yr - ₹11 L/yr
55%
more | |
 ICICI Prudential Life Insurance Deputy Manager Salary
1 - 7 years exp. (9 salaries) | ₹3.8 L/yr - ₹8 L/yr
9%
more | |
 ICICI Lombard General Insurance Company Deputy Manager Salary
5 - 13 years exp. (9 salaries) | ₹4.7 L/yr - ₹11 L/yr
34%
more | |
 Bajaj Allianz General Insurance Deputy Manager Salary
5 - 14 years exp. (8 salaries) | ₹9.5 L/yr - ₹14 L/yr
133%
more | 3 job openings |
 SBI Life Insurance Company Deputy Manager Salary
2 - 15 years exp. (7 salaries) | ₹4.5 L/yr - ₹10 L/yr
27%
more | |
 Tata AIA Life Insurance Deputy Manager Salary
3 - 8 years exp. (6 salaries) | ₹3.2 L/yr - ₹10.5 L/yr
14%
more | |
 The New India Assurance Co. Deputy Manager Salary
7 - 14 years exp. (4 salaries) | ₹20 L/yr - ₹26 L/yr
300%
more | |
Latest annual salaries shared by Axis Max Life Insurance Deputy Manager in Mumbai
Experience wise Axis Max Life Insurance Deputy Manager salaries in Mumbai
Last Updated: 12 Feb 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹3.6
L/yr
- ₹8
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹3.6
L/yr
- ₹4.6
L/yr
|
Login to view exact salary
| |
| 2 years (5 salaries) |
₹3.7
L/yr
- ₹5.5
L/yr
|
| 3 years (10 salaries) |
₹3.3
L/yr
- ₹5.8
L/yr
|
| 4 years (7 salaries) |
₹3.2
L/yr
- ₹5.5
L/yr
|
From
To
Deputy Manager
Lakhs/yr
0 - 15 years exp.
Assistant Vice President
Lakhs/yr
13 - 24 years exp.
Deputy Manager
0 - 15 years exp.
Manager
4 - 15 years exp.
51% hike
Senior Manager
3 - 17 years exp.
128% hike
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
Discover interview dos and don'ts from real experiences
What people are saying about Axis Max Life Insurance
Axis Max Life Insurance Deputy Manager Salary FAQs
The top 10% of Deputy Manager in Mumbai at Axis Max Life Insurance earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹7.6 Lakhs per year. Deputy 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 60+ Axis Max Life Insurance employees in India.
- - Sales
- - Financial Services
- - Sales Process
- - Management
- - Excel
These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.
| The New India Assurance Co. | ₹20.0 Lakhs to ₹26.0 Lakhs per year |
| Bajaj Allianz General Insurance | ₹9.5 Lakhs to ₹14.0 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹5.0 Lakhs to ₹16.5 Lakhs per year |
| ManipalCigna Health Insurance | ₹5.5 Lakhs to ₹13.4 Lakhs per year |
| Star Union Dai-ichi Life Insurance | ₹4.8 Lakhs to ₹11.0 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.
| Magma HDI General Insurance | ₹5.8 Lakhs to ₹10.5 Lakhs per year |
| PNB MetLife | ₹4.0 Lakhs to ₹12.6 Lakhs per year |
| Reliance Nippon Life Insurance | ₹3.7 Lakhs to ₹14.4 Lakhs per year |
| Cholamandalam MS General Insurance | ₹5.6 Lakhs to ₹11.0 Lakhs per year |
| HDFC Life | ₹3.5 Lakhs to ₹12.5 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹3.6 Lakhs to ₹8.0 Lakhs per year |
| 1 year | ₹3.6 Lakhs to ₹4.6 Lakhs per year |
| 2 years | ₹3.7 Lakhs to ₹5.5 Lakhs per year |
| 3 years | ₹3.3 Lakhs to ₹5.8 Lakhs per year |
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- Axis Max Life Insurance Deputy Manager Salaries in Mumbai
Axis Max Life Insurance Deputy Manager salary
in
Mumbai
ranges between ₹3.2
Lakhs to ₹7.7
Lakhs with an average annual salary of
₹. Salary estimates are based on
68
Axis Max Life Insurance latest salaries received from various employees of
Axis Max Life Insurance.