Axis Max Life Insurance Mumbai Management Trainee Salaries by 3 Employees

2 - 3 years exp.

₹21.2 Lakhs - ₹22 Lakhs

Low Confidence

Salary of majority employees

131% more than the average Management Trainee Salary in Insurance Companies for 2 - 3 years of experience

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Salaries in different departments

Marketing & Communication Management Trainee Salary 2 years exp. (AmbitionBox Estimate)	₹21.2 L/yr - ₹22 L/yr
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Strategic & Top Management Management Trainee Salary 3 years exp. (AmbitionBox Estimate)	₹21.4 L/yr - ₹22 L/yr

Last Updated: 15 Mar 2023

Companies similar to Axis Max Life Insurance for Management Trainee in Mumbai

Axis Max Life Insurance Management Trainee Salary

2 - 3 years exp. (3 salaries)

₹21.2 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Management Trainee Salary 0 - 4 years exp. (78 salaries)	₹5 L/yr - ₹15 L/yr 52% less
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 2 years exp. (45 salaries)	₹4.3 L/yr - ₹10.4 L/yr 62% less
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ICICI Prudential Life Insurance Management Trainee Salary 0 - 3 years exp. (42 salaries)	₹5 L/yr - ₹8 L/yr 68% less
Tata AIA Life Insurance Management Trainee Salary 0 - 5 years exp. (31 salaries)	₹9 L/yr - ₹20 L/yr 34% less
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 4 years exp. (24 salaries)	₹3 L/yr - ₹7 L/yr 80% less
Star Union Dai-ichi Life Insurance Management Trainee Salary 0 - 2 years exp. (11 salaries)	₹4.5 L/yr - ₹19 L/yr 50% less
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 3 years exp. (10 salaries)	₹4 L/yr - ₹8.3 L/yr 66% less
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 2 years exp. (8 salaries)	₹7 L/yr - ₹15 L/yr 51% less
SBI General Insurance Management Trainee Salary 1 - 4 years exp. (7 salaries)	₹9 L/yr - ₹13 L/yr 53% less
Bajaj Allianz General Insurance Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹6 L/yr - ₹8.6 L/yr 62% less
SBI Life Insurance Company Management Trainee Salary 0 - 3 years exp. (6 salaries)	₹5.3 L/yr - ₹10.5 L/yr 62% less
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Magma HDI General Insurance Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹6 L/yr - ₹8 L/yr 70% less
HDFC Ergo General Insurance Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹6 L/yr - ₹14.8 L/yr 45% less
Cholamandalam MS General Insurance Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹3.5 L/yr - ₹5 L/yr 78% less

Management Trainee salary at Axis Max Life Insurance ranges between ₹21.2 Lakhs to ₹22 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Management Trainee salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹19.1 L/yr - ₹24.4 L/yr
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3 years (AmbitionBox Estimate)	₹19.1 L/yr - ₹24.4 L/yr

Similar Designation salaries in Axis Max Life Insurance

Deputy Manager Salary

(68 salaries)

₹3.15 L/yr - ₹7.7 L/yr

Salary related reviews for Axis Max Life Insurance

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

Agency Development Manager in Kollam

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.

Salary - Poor

+6 more

Assistant Manager in New Delhi

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.

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.

Salary - Poor

+5 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

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Axis Max Life Insurance Management Trainee Salary FAQs

How the salary growth look like for a Management Trainee at Axis Max Life Insurance in Mumbai?

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

Experience	Average Salary Range
2 years	₹19.1 Lakhs to ₹24.4 Lakhs per year
3 years	₹19.1 Lakhs to ₹24.4 Lakhs per year

and so on.

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Axis Max Life Insurance Management Trainee Salaries in Mumbai

Axis Max Life Insurance Management Trainee salary in Mumbai ranges between ₹21.2 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.