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Axis Max Life Insurance Salaries in Mumbai (Updated 2025)

based on 1.5k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
9 - 18 years exp. · Mumbai (12 salaries)
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₹7.3 L/yr - ₹12.5 L/yr

4 job openings
11 - 20 years exp. · Mumbai (12 salaries)
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₹7.6 L/yr - ₹25 L/yr

6 - 11 years exp. · Mumbai (10 salaries)
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₹5 L/yr - ₹9.5 L/yr

2 job openings
0 - 4 years exp. · Mumbai (9 salaries)
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₹2.9 L/yr - ₹3.9 L/yr

0 - 6 years exp. · Mumbai (9 salaries)
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₹1.2 L/yr - ₹3.2 L/yr

3 - 8 years exp. · Mumbai (9 salaries)
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₹3.5 L/yr - ₹5.2 L/yr

15 - 20 years exp. · Mumbai (8 salaries)
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₹15.9 L/yr - ₹44 L/yr

2 - 7 years exp. · Mumbai (8 salaries)
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₹1.9 L/yr - ₹4.1 L/yr

2 - 5 years exp. · Mumbai (8 salaries)
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₹2.1 L/yr - ₹2.7 L/yr

3 job openings
1 - 6 years exp. · Mumbai (8 salaries)
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₹1 L/yr - ₹3.6 L/yr

1 job opening
2 - 7 years exp. · Mumbai (7 salaries)
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₹2.9 L/yr - ₹4 L/yr

1 - 5 years exp. · Mumbai (7 salaries)
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₹2.7 L/yr - ₹3.6 L/yr

11 - 17 years exp. · Mumbai (7 salaries)
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₹17 L/yr - ₹21.7 L/yr

3 - 8 years exp. · Mumbai (7 salaries)
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₹6.1 L/yr - ₹7.5 L/yr

7 - 15 years exp. · Mumbai (7 salaries)
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₹8.5 L/yr - ₹12.5 L/yr

1 job opening
7 - 17 years exp. · Mumbai (7 salaries)
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₹9.3 L/yr - ₹12.3 L/yr

1 - 5 years exp. · Mumbai (6 salaries)
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₹2 L/yr - ₹4.6 L/yr

1 job opening
3 - 12 years exp. · Mumbai (6 salaries)
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₹7 L/yr - ₹24 L/yr

1 job opening
4 - 8 years exp. · Mumbai (6 salaries)
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₹4.5 L/yr - ₹8.1 L/yr

0 - 5 years exp. · Mumbai (6 salaries)
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₹2 L/yr - ₹3.6 L/yr

2 job openings

Last Updated: 19 Mar, 2025

Salary related reviews for Axis Max Life Insurance

3.7

Rated by 243 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 03 Jul 2023

1.0
 for  Salary and Benefits

Likes

Nothing for like except employee exploitation, MLI is a ideal for employee exploitation.

Dislikes

Worst experience, not having value and respect of employees. Salary paid by the company to me was to much low as per industrial standards. I was accept only due to COVID situation. They take advantage of the situation and committed me 30% degraded salary as per the previous organization and after the month provided me 50% LESS salary. Then gave me again false commitment of salatlry increasing here after end of probation period of 6 months, then at end of the probation not any changes in salary but so many time changes in location of work without traveling allowance. All fake hierarchy levels in MLI.

read more
  • Salary - Bad
  • +6 more

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.

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  • Salary - Poor
  • +6 more

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.

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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.

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  • Salary - Poor
  • +5 more

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

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  • Company culture - Poor
  • +1 more
see more salary related reviews

Axis Max Life Insurance Salary FAQs

How much does Axis Max Life Insurance pay to its employees?
The average annual salary at Axis Max Life Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at Axis Max Life Insurance, are as follows:

Branch Manager ₹7.3 Lakhs to ₹12.5 Lakhs per year
Regional Manager ₹7.6 Lakhs to ₹25 Lakhs per year
Training Manager ₹5 Lakhs to ₹9.5 Lakhs per year
Aadm ₹2.9 Lakhs to ₹3.9 Lakhs per year

The highest-paying role, Senior Vice President, earns between ₹36 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹14.9 Lakhs per year, and the top 1% earn over ₹41.2 Lakhs per year. 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 salary estimates are based on data from 1.5k salaries submitted by Axis Max Life Insurance employees. Axis Max Life Insurance is rated 3.7 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Axis Max Life Insurance in Mumbai?
The salary of a fresher at Axis Max Life Insurance in Mumbai typically ranges from ₹0.2 Lakh to ₹18.2 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Relationship Associate Salary ₹1.6 Lakhs to ₹3.5 Lakhs per year
Fresher as a Associate Agency Development Manager Salary ₹2.7 Lakhs to ₹4.8 Lakhs per year
Fresher as a Relationship Manager Salary ₹1.1 Lakhs to ₹5 Lakhs per year
Fresher as a Agency Development Manager Salary ₹2 Lakhs to ₹5.5 Lakhs per year

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Average annual salary in Axis Max Life Insurance , Mumbai is INRunlock blur . Salary estimates are based on 1.5k Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

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