Axis Max Life Insurance Mumbai Manager Salaries by 20+ Employees (Updated 2025)

5 - 15 years exp.

₹4 Lakhs - ₹15 Lakhs

Salary of majority employees

47% less than the average Manager Salary in Insurance Companies for 5 - 15 years of experience

Interested in this particular role? 7 job openings

Salaries in different departments

Sales & Business Development Manager Salary 5 - 15 years exp. (7 salaries)	₹4.1 L/yr - ₹10.5 L/yr
BFSI, Investments & Trading Manager Salary 6 - 15 years exp. (6 salaries)	₹5.5 L/yr - ₹13.8 L/yr
Login to view exact salary
Human Resources Manager Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹12.5 L/yr
Customer Success, Service & Operations Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹12.5 L/yr
Data Science & Analytics Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹11.2 L/yr

Last Updated: 19 Feb 2025

Companies similar to Axis Max Life Insurance for Manager in Mumbai

Axis Max Life Insurance Manager Salary

5 - 15 years exp. (20 salaries)

₹4 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Manager Salary 1 - 16 years exp. (311 salaries)	₹4.5 L/yr - ₹17.9 L/yr 16% more
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (184 salaries)	₹3.4 L/yr - ₹14.2 L/yr 5% less
Login to view exact salary
SBI Life Insurance Company Manager Salary 3 - 20 years exp. (160 salaries)	₹5.5 L/yr - ₹18 L/yr 35% more
Bajaj Allianz Life Insurance Manager Salary 3 - 17 years exp. (37 salaries)	₹8.9 L/yr - ₹18.5 L/yr 51% more
Tata AIA Life Insurance Manager Salary 3 - 18 years exp. (173 salaries)	₹7.5 L/yr - ₹29.1 L/yr 88% more	3 job openings
Reliance Nippon Life Insurance Manager Salary 2 - 18 years exp. (64 salaries)	₹3.2 L/yr - ₹11.9 L/yr 16% less
Kotak Mahindara Life Insurance Manager Salary 0 - 12 years exp. (241 salaries)	₹2.4 L/yr - ₹8.5 L/yr 37% less
Bharti AXA Life Insurance Manager Salary 3 - 16 years exp. (67 salaries)	₹6.5 L/yr - ₹17.4 L/yr 45% more
Aditya Birla Sun Life Insurance Manager Salary 0 - 12 years exp. (108 salaries)	₹5 L/yr - ₹18 L/yr 26% more
PNB MetLife Manager Salary 7 - 17 years exp. (34 salaries)	₹4.6 L/yr - ₹15.5 L/yr 31% more	2 job openings

View all

Manager salary at Axis Max Life Insurance ranges between ₹4 Lakhs to ₹15 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 20 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Manager salaries in Mumbai

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹12 L/yr
6 years (4 salaries)	₹4 L/yr - ₹12.8 L/yr
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7 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹14.2 L/yr
9 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹14.9 L/yr
10 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹12.5 L/yr
11 years (AmbitionBox Estimate)	₹9 L/yr - ₹16.4 L/yr
12 years (3 salaries)	₹8 L/yr - ₹10.4 L/yr
13 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
14 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
15+ years (4 salaries)	₹9.5 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 5 - 17 years exp.

98% hike

Chief Manager 13 - 20 years exp.

30% hike

Similar Designation salaries in Axis Max Life Insurance

Deputy Manager Salary

(72 salaries)

₹3.15 L/yr - ₹7.7 L/yr

Management Trainee Salary

(3 salaries)

₹21.19 L/yr - ₹22 L/yr

Top skills at Axis Max Life Insurance for Manager

Recruitment Financial Services Management Sales Relationship Building

Salary related reviews for Axis Max Life Insurance

2.9

Rated by 5 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

see more salary related reviews

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What people are saying about Axis Max Life Insurance

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Axis Max Life Insurance Manager Salary FAQs

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

Manager salary at Axis Max Life Insurance in Mumbai ranges between ₹4.0 Lakhs to ₹15.0 Lakhs for experience between 5 years to 15 years. According to our estimates it is 47% less than the average Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of Axis Max Life Insurance Mumbai.

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

The average salary of a Manager at Axis Max Life Insurance is 47% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

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

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

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

Tata AIA Life Insurance Manager Salary - ₹7.5 Lakhs to ₹29.1 Lakhs per year
Bajaj Allianz General Insurance Manager Salary - ₹11.8 Lakhs to ₹21.0 Lakhs per year
ManipalCigna Health Insurance Manager Salary - ₹8.0 Lakhs to ₹18.5 Lakhs per year
Bajaj Allianz Life Insurance Manager Salary - ₹8.9 Lakhs to ₹18.5 Lakhs per year
Star Union Dai-ichi Life Insurance Manager Salary - ₹6.3 Lakhs to ₹19.2 Lakhs per year

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

Gallagher Manager Salary - ₹12.0 Lakhs to ₹14.0 Lakhs per year
Bharti AXA Life Insurance Manager Salary - ₹6.5 Lakhs to ₹17.4 Lakhs per year
Magma HDI General Insurance Manager Salary - ₹9.0 Lakhs to ₹14.0 Lakhs per year
SBI Life Insurance Company Manager Salary - ₹5.5 Lakhs to ₹18.0 Lakhs per year
PNB MetLife Manager Salary - ₹4.6 Lakhs to ₹15.5 Lakhs per year

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

The estimated take-home salary of a Manager at Axis Max Life Insurance ranges between ₹63,603 per month to ₹65,222 per month in Mumbai. The take-home salary calculation is based on the average Axis Max Life Insurance Manager salary in India which ranges between ₹4.0 Lakhs to ₹15.0 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 Axis Max Life Insurance in Mumbai?

According to AmbitionBox, 27% of the Axis Max Life Insurance Managers in Mumbai reported a notice period of 15 days or less, 28% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

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Axis Max Life Insurance Manager Salaries in Mumbai

Axis Max Life Insurance Manager salary in Mumbai ranges between ₹4 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.