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

Annual salary range
1 - 8 years exp.
₹2.3 Lakhs - ₹5 Lakhs
Salary of majority employees
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At par with the average Insurance Manager Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Insurance Manager Salary
3 - 7 years exp. (6 salaries)
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₹3.5 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Insurance Manager Salary
1 - 6 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

Finance & Accounting
Insurance Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.5 L/yr

Sales & Business Development
Insurance Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.5 L/yr

Last Updated: 4 Mar 2025

Companies similar to Axis Max Life Insurance for Insurance Manager

Company name Avg Annual Salary Open Jobs
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₹2.8 L/yr - ₹5 L/yr

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HDFC Life Insurance Manager Salary

1 - 6 years exp. (51 salaries)

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₹2.5 L/yr - ₹6 L/yr

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₹2.5 L/yr - ₹4.5 L/yr

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₹2.5 L/yr - ₹5.9 L/yr

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₹2.6 L/yr - ₹7.7 L/yr

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₹3 L/yr - ₹5 L/yr

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PNB MetLife Insurance Manager Salary

1 - 8 years exp. (63 salaries)

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₹0.6 L/yr - ₹5.3 L/yr

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₹3.3 L/yr - ₹6 L/yr

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₹2.4 L/yr - ₹8 L/yr

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Shriram Life Insurance Insurance Manager Salary

2 - 15 years exp. (11 salaries)

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₹1 L/yr - ₹4.5 L/yr

arrow icon 18% less
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₹3 L/yr - ₹5.9 L/yr

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₹4 L/yr - ₹9.4 L/yr

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₹2.4 L/yr - ₹7.5 L/yr

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₹2.1 L/yr - ₹3.6 L/yr

arrow icon 18% less
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₹2.5 L/yr - ₹4.6 L/yr

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₹3.3 L/yr - ₹5.5 L/yr

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₹3.7 L/yr - ₹6 L/yr

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₹4.3 L/yr - ₹7.3 L/yr

arrow icon 14% more
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Insurance Manager salary at Axis Max Life Insurance ranges between ₹2.3 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 25 latest salaries received from various employees of Axis Max Life Insurance.

Latest annual salaries shared by Axis Max Life Insurance Insurance Manager

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Experience wise Axis Max Life Insurance Insurance Manager salaries

Last Updated: 4 Mar 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹2.3 L/yr - ₹4.2 L/yr
2 years  (4 salaries)

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₹2.3 L/yr - ₹3.9 L/yr
3 years  (5 salaries)

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₹3 L/yr - ₹4.5 L/yr
4 years  (3 salaries)

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₹3.5 L/yr - ₹4.1 L/yr
5 years  (5 salaries)

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₹2.8 L/yr - ₹5 L/yr
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Similar Designation salaries in Axis Max Life Insurance

Branch Manager Salary
(139 salaries)
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₹7 L/yr - ₹14 L/yr
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(3 salaries)
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₹2.5 L/yr - ₹7 L/yr
Area Manager Salary
(270 salaries)
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₹4.2 L/yr - ₹14.5 L/yr
Deputy Manager Salary
(793 salaries)
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₹2.4 L/yr - ₹8.72 L/yr
Sales Manager Salary
(616 salaries)
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₹2.3 L/yr - ₹6.22 L/yr
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₹2.8 L/yr - ₹9.72 L/yr
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₹7.5 L/yr - ₹19 L/yr
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₹6 L/yr - ₹9 L/yr
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₹2.4 L/yr - ₹5.15 L/yr
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₹1.1 L/yr - ₹7.03 L/yr

Top skills at Axis Max Life Insurance for Insurance Manager

Life Insurance agency Sales Agent Recruitment

Salary related reviews for Axis Max Life Insurance

4.1

Rated by 12 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.

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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 Department

2.0
  •  posted on 26 Nov 2022

2.0
 for  Salary and Benefits

Likes

...hing About Likes and dislike as company is not my Girlfriend or spouse to love There is only one rule once you perform for any company company will pay. Once you are not favourite for your manager you have to leave the company. No employee want to change the job real truth is employee change their manager.

read more
  • Salary - Poor
  • +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.

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Dislikes

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

Sales BD Department

5.0
  •  posted on 21 Dec 2018

5.0
 for  Salary and Benefits

Likes

It was very nice expierence to work with Max,very good teammates, nice growth appraisal excellent good salary Yes there is politics ay higher level high mode learning as per industry standards. It was turning point of my life.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing Nothing Nothing

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Axis Max Life Insurance Insurance Manager Salary FAQs

What is the salary of Insurance Manager at Axis Max Life Insurance?
Insurance Manager salary at Axis Max Life Insurance in India ranges between ₹2.3 Lakhs to ₹5.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 1% less than the average Insurance Manager Salary in India. Salary estimates are based on 25 latest salaries received from various employees of Axis Max Life Insurance India.
How does the salary of a Insurance Manager at Axis Max Life Insurance India compare with the average salary range for this job?
The average salary of a Insurance Manager at Axis Max Life Insurance is 1% less than the average salary of a Insurance Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Insurance Manager at Axis Max Life Insurance?
Life Insurance, agency, Sales and Agent Recruitment are some of the popular skills required to work as a Insurance Manager at Axis Max Life Insurance India.
Which similar companies are paying more than Axis Max Life Insurance to a Insurance Manager in India?
  • The New India Assurance Co. Insurance Manager Salary - ₹1.2 Lakhs to ₹15.0 Lakhs per year
  • HDFC Ergo General Insurance Insurance Manager Salary - ₹4.0 Lakhs to ₹9.4 Lakhs per year
  • Life Insurance Corporation of India Insurance Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
  • SBI General Insurance Insurance Manager Salary - ₹2.4 Lakhs to ₹7.5 Lakhs per year
  • Magma HDI General Insurance Insurance Manager Salary - ₹3.7 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Insurance Manager in companies similar to Axis Max Life Insurance in India?
  • ManipalCigna Health Insurance Insurance Manager Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year
  • Tata AIA Life Insurance Insurance Manager Salary - ₹2.6 Lakhs to ₹7.7 Lakhs per year
  • Star Health & Allied Insurance Insurance Manager Salary - ₹4.3 Lakhs to ₹7.3 Lakhs per year
  • Cholamandalam MS General Insurance Insurance Manager Salary - ₹3.0 Lakhs to ₹5.9 Lakhs per year
  • ICICI Lombard General Insurance Company Insurance Manager Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year
What is the estimated take home salary of a Insurance Manager at Axis Max Life Insurance in India?
The estimated take-home salary of a Insurance Manager at Axis Max Life Insurance ranges between ₹29,150 per month to ₹30,527 per month in India. The take-home salary calculation is based on the average Axis Max Life Insurance Insurance Manager salary in India which ranges between ₹2.3 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Insurance Manager at Axis Max Life Insurance?
According to AmbitionBox, 40% of the Axis Max Life Insurance Insurance Managers reported a notice period of 1 Month, 30% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 47 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Axis Max Life Insurance Insurance Manager salary in India ranges between ₹2.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 25 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.