Axis Max Life Insurance Insurance Sales Manager Salaries by 10 Employees

2 - 6 years exp.

₹2.6 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Insurance Sales Manager Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Sales Manager Salary 2 - 6 years exp. (4 salaries)	₹2.8 L/yr - ₹4 L/yr
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Customer Success, Service & Operations Insurance Sales Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.9 L/yr

Last Updated: 1 May 2024

Companies similar to Axis Max Life Insurance for Insurance Sales Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Insurance Sales Manager Salary 1 - 8 years exp. (27 salaries)	₹3.5 L/yr - ₹6.4 L/yr 68% more
HDFC Life Insurance Sales Manager Salary 1 - 12 years exp. (26 salaries)	₹1.5 L/yr - ₹5.8 L/yr 3% more
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ICICI Prudential Life Insurance Insurance Sales Manager Salary 1 - 5 years exp. (12 salaries)	₹2.5 L/yr - ₹3.5 L/yr 5% less
Cholamandalam MS General Insurance Insurance Sales Manager Salary 2 - 8 years exp. (9 salaries)	₹2.9 L/yr - ₹5 L/yr 24% more
Bajaj Allianz Life Insurance Insurance Sales Manager Salary 3 - 10 years exp. (9 salaries)	₹1.8 L/yr - ₹5.1 L/yr 20% more
Reliance Nippon Life Insurance Insurance Sales Manager Salary 1 - 7 years exp. (7 salaries)	₹2.2 L/yr - ₹3 L/yr 20% less
Kotak Mahindara Life Insurance Insurance Sales Manager Salary 0 - 7 years exp. (7 salaries)	₹2.2 L/yr - ₹5 L/yr 23% more
Aditya Birla Sun Life Insurance Insurance Sales Manager Salary 1 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹3.5 L/yr 12% less
Life Insurance Corporation of India Insurance Sales Manager Salary 3 - 23 years exp. (5 salaries)	₹2.2 L/yr - ₹6 L/yr 29% more
Star Union Dai-ichi Life Insurance Insurance Sales Manager Salary 0 - 6 years exp. (5 salaries)	₹1.9 L/yr - ₹2.8 L/yr 13% less
SBI Life Insurance Company Insurance Sales Manager Salary 3 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr At par
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Star Health & Allied Insurance Insurance Sales Manager Salary 2 - 8 years exp. (5 salaries)	₹1.7 L/yr - ₹3 L/yr 24% less
ICICI Lombard General Insurance Company Insurance Sales Manager Salary 6 - 8 years exp. (4 salaries)	₹3.1 L/yr - ₹7.4 L/yr 49% more
Bajaj Allianz General Insurance Insurance Sales Manager Salary 2 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 9% more
HDFC Ergo General Insurance Insurance Sales Manager Salary 4 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹4.6 L/yr 14% more
PNB MetLife Insurance Sales Manager Salary 1 - 5 years exp. (4 salaries)	₹1.5 L/yr - ₹4 L/yr 17% less
ManipalCigna Health Insurance Insurance Sales Manager Salary 6 - 9 years exp. (4 salaries)	₹3.3 L/yr - ₹4.4 L/yr 15% more
Aviva Life Insurance India Insurance Sales Manager Salary 2 - 9 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 12% more
Shriram Life Insurance Insurance Sales Manager Salary 3 - 10 years exp. (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr 23% less
The Oriental Insurance Co. Insurance Sales Manager Salary 2 - 10 years exp. (3 salaries)	₹3 L/yr - ₹4.4 L/yr 11% more

Insurance Sales Manager salary at Axis Max Life Insurance ranges between ₹2.6 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 10 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Insurance Sales Manager salaries

Last Updated: 1 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.3 L/yr
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4 years (3 salaries)	₹2.6 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
6 years (3 salaries)	₹1.3 L/yr - ₹4 L/yr

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Salary related reviews for Axis Max Life Insurance

Relationship Associate in Raipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jul 2024

1.0

for Salary and Benefits

Likes

Job security

Dislikes

Appraisal depends upon reporting manager, new candidates came with higher package but old employees voice can not get into company ear because of team leaders. Competition are very good in this situation.

Salary - Bad

+5 more

Associate Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 01 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Worst management and HR. Management torture Lower level staff for business. Even HR also support manager and they take concall for business. Worst working conditions in Max life Cooperative banca channel I have seen in my life time.

Salary - Poor

+6 more

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Salary is good

Salary - Good

+1 more

Dislikes

Lack of training, harrasment candidate for work , lack of field help , managers are not supportive they just bark but don't motivate agency manager at every hour . Mentally torture the candidate for work and pressurized day night equally, call anytime without thinking it's an off or weak day holiday. Never think about personal life also the manager are shameless because they trespass their manager homes without intimation and do misbehave with everyone in office. The management is not good so do not join max life

Skill development - Bad

+4 more

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 16 Sep 2023

5.0

for Salary and Benefits

Likes

Pay and perk is good. Promotion opportunities are really good.

Salary - Excellent

+2 more

Dislikes

No support from Seniors. No discipline, only they need result even if you are new. They will start poking you and also not ready to support you.

Agency Development Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 30 Nov 2022

1.0

for Salary and Benefits

Likes

Good Local management, training program also good.

Dislikes

Fake commitment from hr department before joining about in hand salary, After joining totally different in hand salary coming. When I talk zonal hr she is not giving a proper solution. Also they are sending employees for field work but they are not paying petrol expenses to employees. Means you have not earn anything in your take home salary hike. Hr department is to much confused and roude. Saturday Sunday working. Also daily 9.30 to 8.00 timing average. Means no work life balance. Also you can develop advisor from your own contact and relations. Company don't have any data.

Salary - Bad

+4 more

see more salary related reviews

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Axis Max Life Insurance Insurance Sales Manager Salary FAQs

What is the salary of Insurance Sales Manager at Axis Max Life Insurance ?

The average salary of a Insurance Sales Manager at Axis Max Life Insurance in India typically ranges from ₹2.6 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Insurance Sales Manager at Axis Max Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Insurance Sales 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 10 Axis Max Life Insurance employees in India.

What is the estimated take home salary of a Insurance Sales Manager at Axis Max Life Insurance in India?

The estimated take-home salary of a Insurance Sales Manager at Axis Max Life Insurance in India typically ranges from ₹22,482 to ₹23,958 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 10 salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Max Life Insurance for Insurance Sales Manager in India?

Tata AIA Life Insurance	₹3.5 Lakhs to ₹6.4 Lakhs per year
ICICI Lombard General Insurance Company	₹3.1 Lakhs to ₹7.4 Lakhs per year
Life Insurance Corporation of India	₹2.2 Lakhs to ₹6.0 Lakhs per year
Cholamandalam MS General Insurance	₹2.9 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindara Life Insurance	₹2.2 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 Insurance Sales Manager in companies similar to Axis Max Life Insurance in India?

The salary of a Insurance Sales Manager at companies similar to Axis Max Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance	₹1.8 Lakhs to ₹5.1 Lakhs per year
ManipalCigna Health Insurance	₹3.3 Lakhs to ₹4.4 Lakhs per year
HDFC Ergo General Insurance	₹2.7 Lakhs to ₹4.6 Lakhs per year
Aviva Life Insurance India	₹3.2 Lakhs to ₹4.0 Lakhs per year
The Oriental Insurance Co.	₹3.0 Lakhs to ₹4.4 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 Insurance Sales Manager at Axis Max Life Insurance in India?

The salary growth for a Insurance Sales Manager at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Insurance Sales Manager can expect the following growth trajectory at Axis Max Life Insurance:

Experience	Average Salary Range
2 years	₹2.7 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.8 Lakhs to ₹5.3 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.5 Lakhs per year
5 years	₹1.3 Lakhs to ₹3.5 Lakhs per year

and so on.

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Axis Max Life Insurance Insurance Sales Manager Salaries

Axis Max Life Insurance Insurance Sales Manager salary in India ranges between ₹2.6 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.