Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary71% less than the average Development Manager Salary in Insurance Companies for 0 - 12 years of experience
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Salaries in different departments
Sales & Business Development
Development Manager Salary
2 - 12
years
exp.
(15
salaries)
|  ₹2.7 L/yr - ₹4.5 L/yr |
BFSI, Investments & Trading
Development Manager Salary
5 - 10
years
exp.
(5
salaries)
| ₹3.5 L/yr - ₹5 L/yr |
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| |
Customer Success, Service & Operations
Development Manager Salary
1 - 6
years
exp.
(4
salaries)
| ₹3.1 L/yr - ₹4.5 L/yr |
Finance & Accounting
Development Manager Salary
1 - 7
years
exp.
(3
salaries)
| ₹3.5 L/yr - ₹4.1 L/yr |
Engineering - Hardware & Networks
Development Manager Salary
3 - 6
years
exp.
(AmbitionBox Estimate)
| ₹3 L/yr - ₹4 L/yr |
Companies similar to Axis Max Life Insurance for Development Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Development Manager Salary
1 - 10 years exp. (133 salaries) | ₹2.2 L/yr - ₹4.7 L/yr 
1%
more | |
 HDFC Life Development Manager Salary
0 - 6 years exp. (18 salaries) | ₹2.6 L/yr - ₹4.3 L/yr 
13%
less | |
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| ||
 SBI Life Insurance Company Development Manager Salary
0 - 12 years exp. (344 salaries) | ₹1.8 L/yr - ₹4.8 L/yr
16%
less | 2 job openings |
 Bajaj Allianz Life Insurance Development Manager Salary
0 - 7 years exp. (3 salaries) | ₹3.5 L/yr - ₹4.5 L/yr
2%
more | |
 Kotak Mahindara Life Insurance Development Manager Salary
0 - 9 years exp. (54 salaries) | ₹3.2 L/yr - ₹4.7 L/yr
5%
more | |
 Reliance Nippon Life Insurance Development Manager Salary
1 - 6 years exp. (9 salaries) | ₹1.9 L/yr - ₹4.1 L/yr
28%
less | 2 job openings |
 Tata AIA Life Insurance Development Manager Salary
6 - 30 years exp. (4 salaries) | ₹4.5 L/yr - ₹17 L/yr
137%
more | |
 Life Insurance Corporation of India Development Manager Salary
1 - 12 years exp. (4 salaries) | ₹2.4 L/yr - ₹8 L/yr
38%
more | |
 ICICI Lombard General Insurance Company Development Manager Salary
0 - 6 years exp. (65 salaries) | ₹2.8 L/yr - ₹4.3 L/yr
16%
less | |
 HDFC Ergo General Insurance Development Manager Salary
4 - 12 years exp. (12 salaries) | ₹5 L/yr - ₹6.7 L/yr
46%
more | |
 Shriram Life Insurance Development Manager Salary
14 - 21 years exp. (4 salaries) | ₹3.7 L/yr - ₹4 L/yr
6%
less | |
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| ||
 SBI General Insurance Development Manager Salary
1 - 7 years exp. (4 salaries) | ₹1 L/yr - ₹4.5 L/yr
22%
less | |
 Star Health & Allied Insurance Development Manager Salary
0 - 4 years exp. (4 salaries) | ₹1.8 L/yr - ₹7 L/yr
1%
more | |
 Star Union Dai-ichi Life Insurance Development Manager Salary
9 - 12 years exp. (3 salaries) | ₹3 L/yr - ₹4.3 L/yr
11%
less | |
Latest annual salaries shared by Axis Max Life Insurance Development Manager
Experience wise Axis Max Life Insurance Development Manager salaries
Last Updated: 12 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹3
L/yr
- ₹6.6
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹3.5
L/yr
- ₹4.3
L/yr
|
Login to view exact salary
| |
| 2 years (4 salaries) |
₹2.9
L/yr
- ₹6.7
L/yr
|
| 3 years (7 salaries) |
₹2.9
L/yr
- ₹4.3
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹1.5
L/yr
- ₹4.1
L/yr
|
Similar Designation salaries in Axis Max Life Insurance
Top skills at Axis Max Life Insurance for Development Manager
Salary related reviews for Axis Max Life Insurance
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What people are saying about Axis Max Life Insurance
Axis Max Life Insurance Development Manager Salary FAQs
The top 10% of Development Manager at Axis Max Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Development 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 40+ Axis Max Life Insurance employees in India.
- - Finance
- - bfsi
- - IRDA
- - Financial Services
- - Monitoring
These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.
| Tata AIA Life Insurance | ₹4.5 Lakhs to ₹17.0 Lakhs per year |
| HDFC Ergo General Insurance | ₹5.0 Lakhs to ₹6.7 Lakhs per year |
| Life Insurance Corporation of India | ₹2.4 Lakhs to ₹8.0 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹3.2 Lakhs to ₹4.7 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹3.5 Lakhs to ₹4.5 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.
| Star Health & Allied Insurance | ₹1.8 Lakhs to ₹7.0 Lakhs per year |
| ICICI Prudential Life Insurance | ₹2.2 Lakhs to ₹4.7 Lakhs per year |
| Shriram Life Insurance | ₹3.7 Lakhs to ₹4.0 Lakhs per year |
| Star Union Dai-ichi Life Insurance | ₹3.0 Lakhs to ₹4.3 Lakhs per year |
| HDFC Life | ₹2.6 Lakhs to ₹4.3 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 | ₹3.0 Lakhs to ₹6.6 Lakhs per year |
| 1 year | ₹3.5 Lakhs to ₹4.3 Lakhs per year |
| 2 years | ₹2.9 Lakhs to ₹6.7 Lakhs per year |
| 3 years | ₹2.9 Lakhs to ₹4.3 Lakhs per year |
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Axis Max Life Insurance Development Manager Salaries by Location
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Axis Max Life Insurance Development Manager salary
in
India
ranges between ₹2.7
Lakhs to ₹5.1
Lakhs with an average annual salary of
₹. Salary estimates are based on
42
Axis Max Life Insurance latest salaries received from various employees of
Axis Max Life Insurance.