Max Life Insurance Management Trainee Salaries by 10+ Employees (Updated 2025)

0 - 4 years exp.

₹16 Lakhs - ₹22 Lakhs

Salary of majority employees

187% more than the average Management Trainee Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

Strategic & Top Management Management Trainee Salary 2 - 4 years exp. (4 salaries)	₹20 L/yr - ₹22 L/yr
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Marketing & Communication Management Trainee Salary 0 - 3 years exp. (3 salaries)	₹19 L/yr - ₹22 L/yr

Last Updated: 21 Dec 2024

Companies similar to Axis Max Life Insurance for Management Trainee

Company name	Avg Annual Salary	Open Jobs
HDFC Life Management Trainee Salary 0 - 3 years exp. (143 salaries)	₹4.8 L/yr - ₹15 L/yr 52% less
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (316 salaries)	₹4 L/yr - ₹9 L/yr 68% less
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Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (35 salaries)	₹3 L/yr - ₹9.5 L/yr 68% less
Tata AIA Life Insurance Management Trainee Salary 0 - 4 years exp. (46 salaries)	₹5 L/yr - ₹20 L/yr 44% less
SBI Life Insurance Company Management Trainee Salary 0 - 2 years exp. (37 salaries)	₹5.1 L/yr - ₹10.5 L/yr 62% less
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 3 years exp. (185 salaries)	₹1 L/yr - ₹6.5 L/yr 81% less
Reliance Nippon Life Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 86% less
Bharti AXA Life Insurance Management Trainee Salary 0 - 1 year exp. (13 salaries)	₹2 L/yr - ₹10 L/yr 74% less
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (14 salaries)	₹7 L/yr - ₹15 L/yr 53% less
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (144 salaries)	₹3.5 L/yr - ₹12 L/yr 60% less
Bajaj Allianz General Insurance Management Trainee Salary 0 - 3 years exp. (78 salaries)	₹5.4 L/yr - ₹9.5 L/yr 61% less
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SBI General Insurance Management Trainee Salary 0 - 3 years exp. (32 salaries)	₹4 L/yr - ₹12 L/yr 59% less
Star Union Dai-ichi Life Insurance Management Trainee Salary 0 - 2 years exp. (23 salaries)	₹4 L/yr - ₹17 L/yr 54% less
Cholamandalam MS General Insurance Management Trainee Salary 0 - 2 years exp. (17 salaries)	₹3.5 L/yr - ₹8 L/yr 75% less
Magma HDI General Insurance Management Trainee Salary 0 - 1 year exp. (15 salaries)	₹4 L/yr - ₹8.5 L/yr 72% less
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (8 salaries)	₹6 L/yr - ₹14.8 L/yr 31% less
Aviva Life Insurance India Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 70% less
PNB MetLife Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹6 L/yr - ₹7 L/yr 71% less
Royal Sundaram General Insurance Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹2.4 L/yr - ₹10.8 L/yr 72% less
ManipalCigna Health Insurance Management Trainee Salary Fresher (5 salaries)	₹8 L/yr - ₹9 L/yr 61% less

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Management Trainee salary at Axis Max Life Insurance ranges between ₹16 Lakhs to ₹22 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 15 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Management Trainee salaries

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹8.4 L/yr - ₹22 L/yr
1 year (AmbitionBox Estimate)	₹19 L/yr - ₹37.7 L/yr
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2 years (4 salaries)	₹16 L/yr - ₹22 L/yr
3 years (5 salaries)	₹19 L/yr - ₹22 L/yr
4 years (3 salaries)	₹19 L/yr - ₹22 L/yr

Similar Designation salaries in Axis Max Life Insurance

Finance Executive Salary

(36 salaries)

₹1.6 L/yr - ₹4.38 L/yr

Accountant Salary

(5 salaries)

₹2.34 L/yr - ₹5 L/yr

Team Lead Salary

(21 salaries)

₹2.6 L/yr - ₹9 L/yr

Financial Analyst Salary

(8 salaries)

₹3.2 L/yr - ₹5.5 L/yr

Analyst Salary

(14 salaries)

₹2.65 L/yr - ₹12.5 L/yr

Senior Associate Salary

(21 salaries)

₹2.05 L/yr - ₹5 L/yr

Process Associate Salary

(13 salaries)

₹2 L/yr - ₹3.25 L/yr

Senior Analyst Salary

(9 salaries)

₹5.8 L/yr - ₹18.01 L/yr

Deputy Manager Salary

(799 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Account Assistant Salary

(4 salaries)

₹1.2 L/yr - ₹3 L/yr

Salary related reviews for Axis Max Life Insurance

1.0

Rated by 1 employees for salary & benefits

Deputy Manager in Kolkata

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.

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.

Salary - Bad

+6 more

Data Scientist in Gurgaon / Gurugram

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

Company culture - Poor

+1 more

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

Associate in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 May 2024

1.0

for Salary and Benefits

Likes

Nothing good here

Dislikes

...arget is not complete. Target is so high that you will never receive incentives. Pay is too less and pressure, toxicity and politics is too high.

Salary - Bad

+6 more

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Axis Max Life Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at Max Life Insurance?

Management Trainee salary at Max Life Insurance in India ranges between ₹16.0 Lakhs to ₹22.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 187% more than the average Management Trainee Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Management Trainee at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Management Trainee at Max Life Insurance is 187% more than the average salary of a Management Trainee in India. To know exact salary insights, login to view.

What is the salary of a Management Trainee in companies similar to Max Life Insurance in India?

HDFC Ergo General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹14.8 Lakhs per year
Tata AIA Life Insurance Management Trainee Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
AXA Management Trainee Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
HDFC Life Management Trainee Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Sun Life Insurance Management Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a Management Trainee at Max Life Insurance in India?

The estimated take-home salary of a Management Trainee at Max Life Insurance ranges between ₹1,36,612 per month to ₹1,41,653 per month in India. The take-home salary calculation is based on the average Max Life Insurance Management Trainee salary in India which ranges between ₹16.0 Lakhs to ₹22.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Management Trainee at Max Life Insurance?

According to AmbitionBox, 40% of the Max Life Insurance Management Trainees reported a notice period of 3 Months, 30% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Max Life Insurance Management Trainee Salaries

Axis Max Life Insurance Management Trainee salary in India ranges between ₹16 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Management Trainee salaries in India

Companies similar to Axis Max Life Insurance for Management Trainee

Latest annual salaries shared by Axis Max Life Insurance Management Trainee

Experience wise Max Life Insurance Management Trainee salaries

Similar Designation salaries in Axis Max Life Insurance

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Data Scientist in Gurgaon / Gurugram

Relationship Associate in Raipur

Associate Sales Manager in Mumbai

Associate in Pune

Axis Max Life Insurance Management Trainee Salary FAQs

Tell us how to improve this page.