Max Life Insurance Manager Salaries by 200+ Employees (Updated 2025)

5 - 15 years exp.

₹4.5 Lakhs - ₹15.5 Lakhs

Salary of majority employees

43% less than the average Manager Salary in Insurance Companies for 5 - 15 years of experience

Interested in this particular role? 8 job openings

Salaries in different departments

BFSI, Investments & Trading Manager Salary 5 - 15 years exp. (75 salaries)	₹5 L/yr - ₹17.1 L/yr
Customer Success, Service & Operations Manager Salary 5 - 15 years exp. (43 salaries)	₹4.8 L/yr - ₹16 L/yr
Login to view exact salary
Sales & Business Development Manager Salary 5 - 15 years exp. (41 salaries)	₹3.2 L/yr - ₹10.9 L/yr
Finance & Accounting Manager Salary 7 - 15 years exp. (10 salaries)	₹6 L/yr - ₹15 L/yr
Marketing & Communication Manager Salary 5 - 9 years exp. (10 salaries)	₹4.5 L/yr - ₹9 L/yr

View all

Last Updated: 8 Feb 2025

Companies similar to Axis Max Life Insurance for Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Manager Salary 2 - 16 years exp. (448 salaries)	₹4 L/yr - ₹15.8 L/yr At par
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (291 salaries)	₹3.4 L/yr - ₹12.4 L/yr 15% less	1 job opening
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SBI Life Insurance Company Manager Salary 3 - 17 years exp. (289 salaries)	₹4.3 L/yr - ₹17.5 L/yr 11% more
Bajaj Allianz Life Insurance Manager Salary 3 - 18 years exp. (189 salaries)	₹5.1 L/yr - ₹22 L/yr 38% more
Tata AIA Life Insurance Manager Salary 4 - 18 years exp. (239 salaries)	₹6.4 L/yr - ₹25.7 L/yr 59% more	16 job openings
Reliance Nippon Life Insurance Manager Salary 2 - 17 years exp. (124 salaries)	₹2.8 L/yr - ₹6.4 L/yr 41% less
Kotak Mahindara Life Insurance Manager Salary 0 - 12 years exp. (561 salaries)	₹2.8 L/yr - ₹8.5 L/yr 42% less
Bharti AXA Life Insurance Manager Salary 3 - 16 years exp. (115 salaries)	₹5 L/yr - ₹17.4 L/yr 21% more
Aditya Birla Sun Life Insurance Manager Salary 0 - 12 years exp. (189 salaries)	₹4.2 L/yr - ₹15.5 L/yr 1% more
PNB MetLife Manager Salary 5 - 17 years exp. (84 salaries)	₹4.2 L/yr - ₹15.5 L/yr 12% more	3 job openings

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Manager salary at Axis Max Life Insurance ranges between ₹4.5 Lakhs to ₹15.5 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 277 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Manager salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
5 years (20 salaries)	₹2.3 L/yr - ₹12.2 L/yr
6 years (22 salaries)	₹3.2 L/yr - ₹13 L/yr
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7 years (29 salaries)	₹3.6 L/yr - ₹12.2 L/yr
8 years (33 salaries)	₹3.7 L/yr - ₹15 L/yr
9 years (30 salaries)	₹4.5 L/yr - ₹15.5 L/yr
10 years (34 salaries)	₹3.7 L/yr - ₹16 L/yr
11 years (26 salaries)	₹5 L/yr - ₹16.5 L/yr
12 years (35 salaries)	₹6 L/yr - ₹16 L/yr
13 years (23 salaries)	₹6 L/yr - ₹16.3 L/yr
14 years (11 salaries)	₹7.6 L/yr - ₹18.5 L/yr
15+ years (14 salaries)	₹7.1 L/yr - ₹15 L/yr

View all

From

Manager

₹

Lakhs/yr

5 - 15 years exp.

Assistant Vice President

₹

Lakhs/yr

8 - 23 years exp.

Manager 5 - 15 years exp.

Senior Manager 3 - 17 years exp.

94% hike

Chief Manager 13 - 20 years exp.

28% hike

Similar Designation salaries in Axis Max Life Insurance

Audit Manager Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.2 L/yr

Deputy Manager Salary

(772 salaries)

₹2.4 L/yr - ₹9 L/yr

Finance Manager Salary

(12 salaries)

₹2.48 L/yr - ₹6 L/yr

Proprietor Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Management Trainee Salary

(15 salaries)

₹16 L/yr - ₹22 L/yr

Senior Analyst Salary

(9 salaries)

₹5.8 L/yr - ₹18.01 L/yr

Senior Associate Salary

(21 salaries)

₹2.05 L/yr - ₹5 L/yr

Financial Analyst Salary

(8 salaries)

₹3.2 L/yr - ₹5.5 L/yr

Audit Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹47.5 L/yr - ₹52.5 L/yr

Top skills at Axis Max Life Insurance for Manager

Recruitment Financial Services Management Relationship Building Sales

Salary related reviews for Axis Max Life Insurance

3.8

Rated by 43 employees for salary & benefits

Manager in Gurgaon / Gurugram

Sales & Operations Department

3.0

• posted on 01 Apr 2021

3.0

for Salary and Benefits

Likes

Overall it is like other companies, compensation is also good. The most important thing work life balance is not so managed.

Dislikes

Overall it is like other companies only work life balance is missing due to their policies

Company culture - Poor

+1 more

Manager in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 09 Oct 2021

3.0

for Salary and Benefits

Likes

Itnis a good company to work but there is too much politics due to which I had quit the job in this precious time of corona

Dislikes

Salary hike is not there, you have to please your senior's for correcting your salary. I joined max in 2012 at a salry of 2.88 and after 8 years my slaary was 3.88.see the inequality for the employee.

Promotions - Poor

+2 more

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

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

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What people are saying about Axis Max Life Insurance

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thickraspberry

works at

B P Oil Mills

Facing Toxic Culture and Management Issues.

I joined Axis Max Life Insurance, on 24 Dec 2024, After 11 Jan 2025 I started receiving hate and toxic culture from the female L1 Manager BRM. On Axis Max Life Insurance. Because I refused to do their personal work and work on the week off. Because I'm not the licking Employee. Now the female manager starts harassing me. The branch didn't even have the security CCTV Cameras so I don't have a Recording. But I have witnesses. She is too toxic And I feel mentally drained and harassing. What should I do because she is female I can't take unnecessary action. Please share the thoughts and advice and need help asap.

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Axis Max Life Insurance Manager Salary FAQs

What is the salary of Manager at Max Life Insurance?

Manager salary at Max Life Insurance in India ranges between ₹4.5 Lakhs to ₹15.5 Lakhs for experience between 5 years to 15 years. According to our estimates it is 43% less than the average Manager Salary in India. Salary estimates are based on 277 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Manager at Max Life Insurance is 43% less than the average salary of a Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Manager at Max Life Insurance?

Recruitment, Financial Services, Management, Relationship Building and Sales are some of the popular skills required to work as a Manager at Max Life Insurance India.

Which similar companies are paying more than Max Life Insurance to a Manager in India?

MetLife Manager Salary - ₹14.0 Lakhs to ₹52.0 Lakhs per year
AXA Manager Salary - ₹15.0 Lakhs to ₹34.5 Lakhs per year
United India Insurance Company Manager Salary - ₹10.0 Lakhs to ₹26.0 Lakhs per year
Bajaj Allianz General Insurance Manager Salary - ₹7.0 Lakhs to ₹24.4 Lakhs per year
The Oriental Insurance Co. Manager Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year

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

AIG Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
Tata AIA Life Insurance Manager Salary - ₹6.4 Lakhs to ₹25.7 Lakhs per year
Gallagher Manager Salary - ₹8.9 Lakhs to ₹14.0 Lakhs per year
Royal Sundaram General Insurance Manager Salary - ₹6.1 Lakhs to ₹22.4 Lakhs per year
Bajaj Allianz Life Insurance Manager Salary - ₹5.1 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Manager at Max Life Insurance ranges between ₹66,558 per month to ₹68,260 per month in India. The take-home salary calculation is based on the average Max Life Insurance Manager salary in India which ranges between ₹4.5 Lakhs to ₹15.5 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Manager at Max Life Insurance?

According to AmbitionBox, 34% of the Max Life Insurance Managers reported a notice period of 1 Month, 29% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 256 responses on AmbitionBox in last 2 years.

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Axis Max Life Insurance Manager salary in India ranges between ₹4.5 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 277 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Manager salaries in India

Companies similar to Axis Max Life Insurance for Manager

Latest annual salaries shared by Axis Max Life Insurance Manager

Experience wise Max Life Insurance Manager salaries

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Manager

Salary related reviews for Axis Max Life Insurance

Manager in Gurgaon / Gurugram

Manager in New Delhi

Deputy Manager in Kolkata

Assistant Manager in New Delhi

Data Scientist in Gurgaon / Gurugram

Axis Max Life Insurance Manager Salary FAQs

Tell us how to improve this page.

Axis Max Life Insurance Manager Salaries by Location