Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Axis Max Life Insurance Team. If you also belong to the team, you can get access from here

Axis Max Life Insurance Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Axis Max Life Insurance Financial Advisor salaries in Mumbai

Annual salary range
2 - 8 years exp.
₹2.2 Lakhs - ₹4 Lakhs
Salary of majority employees
unlock blur
unlock blur

23% less than the average Financial Advisor Salary in Insurance Companies for 2 - 8 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting
Financial Advisor Salary
2 - 6 years exp. (3 salaries)
unlock-blur

₹2.2 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Financial Advisor Salary
4 years exp. (AmbitionBox Estimate)
unlock-blur

₹2.5 L/yr - ₹3.3 L/yr

Last Updated: 10 Sep 2024

Companies similar to Axis Max Life Insurance for Financial Advisor in Mumbai

Logo
Axis Max Life Insurance Financial Advisor Salary

2 - 8 years exp. (5 salaries)

unlock blur

₹2.2 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
unlock blur

₹2 L/yr - ₹6 L/yr

arrow icon 8% more
unlock blur

₹2 L/yr - ₹5 L/yr

arrow icon 16% less
unlock blur

₹1.5 L/yr - ₹6 L/yr

arrow icon 11% more
Logo
HDFC Life Financial Advisor Salary

1 - 4 years exp. (4 salaries)

unlock blur

₹1.5 L/yr - ₹5 L/yr

arrow icon 5% less
unlock blur

₹1.6 L/yr - ₹5 L/yr

arrow icon 2% more
Financial Advisor salary at Axis Max Life Insurance ranges between ₹2.2 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Axis Max Life Insurance.

Latest annual salaries shared by Axis Max Life Insurance Financial Advisor in Mumbai

6mo ago
avg blur mobile
2 years exp.

Experience wise Axis Max Life Insurance Financial Advisor salaries in Mumbai

Last Updated: 10 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

unlock blur

₹2.8 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹2.9 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹3.1 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹3.2 L/yr - ₹4.1 L/yr
View all
Axis Max Life Insurance Financial Advisor Salary and Career Growth

From

To

Financial Advisor

unlock blur

1 - 10 years exp.

Agency Manager

unlock blur

2 - 12 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

unlock blur
₹21.19 L/yr - ₹22 L/yr

Top skills at Axis Max Life Insurance for Financial Advisor

Leadership Skills Relationship Interpersonal Skills Business Management Banking Sales Salesforce Financial Advisory Hindi Lead Generation Communication Skills Investment Advisory Teaching English Financial Advisory Communication Skills Insurance Sales

Salary related reviews for Axis Max Life Insurance

4.0

Rated by 1 employees for salary & benefits

Other Department

4.0
  •  posted on 11 Mar 2019

4.0
 for  Salary and Benefits

Likes

... insurance sector. There is a chance to growth provided one who work restlessly. Regarding salary and job security, it would be better if no comments are made. Work environment is average as the leader do not take team together though there is lot of scope for learning. Employees hardly stick in the company due to cheap politics at supervisory cadre. Company keeps very high target in short notice fot bonus and rewards. Many Sales Managers give false information to get the call into conversion. If the proper training is given to advisors, without the help of Sales perdonnel, company may ger good amount of premium. If the company gives free hand and goid package to financial advisors, company can reach anticipated target. In my case this has happened.

read more
  • Salary - Good
  • +1 more

Dislikes

Many Trainers are not wellversed with English language and explain in regional language about products. Hence we find it difficult to understand and catchhold HNV clients due to insufficient knowledge. Sales Managers hardly acvompany the advisors and most of the time they fail to convert into business, particularly large size premium. They lack ownership due to which company do not get the targetted business.

read more
  • Job security - Poor
  • +1 more

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 & Business Development Department

1.0
  •  posted on 06 Feb 2025

2.0
 for  Salary and Benefits

Likes

Second Saturday and Sunday, third Saturday and Sundays are off. No other perks.

Dislikes

... from you. More than 5 persons already left the office with their toxic culture. Don't trust their words during interview they will give a package which is lesser than your current ctc and will give excuses as you will earn promotions in a fast track mode. nothing doing you will not meet their unrealistic targets. Hope my review will help future comers. thank you.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 03 Feb 2025

2.0
 for  Salary and Benefits

Likes

The thing is like about max life insurance is salary credit is on time and 2nd and 3rd Saturday is also weekoff.

read more

Dislikes

...they expect high level quality work from employees. Worst management and system. Field work also involved in the low salary. 2 field visit per day.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 01 Aug 2024

3.0
 for  Salary and Benefits

Likes

Office Space Multiple business problems to solve.

Dislikes

Salary Too much office politics. Sometimes good work is limited to some folks. Career growth opportunities are limited to only some section of the teams

read more
  • Company culture - Poor
  • +1 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Axis Max Life Insurance Financial Advisor Salary FAQs

What is the salary of Financial Advisor at Axis Max Life Insurance in Mumbai?
The average salary of a Financial Advisor at Axis Max Life Insurance in Mumbai typically ranges from ₹2.2 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Financial Advisor in Mumbai at Axis Max Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Financial Advisor 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 5 Axis Max Life Insurance employees in India.
What is the estimated take home salary of a Financial Advisor at Axis Max Life Insurance in Mumbai?
The estimated take-home salary of a Financial Advisor at Axis Max Life Insurance in Mumbai typically ranges from ₹25,267 to ₹26,702 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 8 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 5 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 Financial Advisor at Axis Max Life Insurance in Mumbai?
To be a Financial Advisor at Axis Max Life Insurance in Mumbai, the key skills required include:

  • - Leadership Skills
  • - Relationship
  • - Interpersonal Skills
  • - Business Management
  • - Banking Sales

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 Financial Advisor in India?
Kotak Mahindara Life Insurance ₹1.5 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance ₹2.0 Lakhs to ₹6.0 Lakhs per year
Motilal Oswal Financial Services ₹1.6 Lakhs to ₹5.0 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.
What is the salary of a Financial Advisor in companies similar to Axis Max Life Insurance in Mumbai?
The salary of a Financial Advisor 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:

HDFC Life ₹1.5 Lakhs to ₹5.0 Lakhs per year
Life Insurance Corporation of India ₹2.0 Lakhs to ₹5.0 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 Financial Advisor at Axis Max Life Insurance in Mumbai?
The salary growth for a Financial Advisor at Axis Max Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Financial Advisor in Mumbai can expect the following growth trajectory at Axis Max Life Insurance:

Experience Average Salary Range
2 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
4 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
5 years ₹3.1 Lakhs to ₹3.9 Lakhs per year
and so on.

Tell us how to improve this page.

Axis Max Life Insurance Financial Advisor salary in Mumbai ranges between ₹2.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.