Max Life Insurance Senior Development Manager Salaries by 3 Employees (Updated 2025)

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₹3.2 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

83% less than the average Senior Development Manager Salary in Insurance Companies for 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
Customer Success, Service & Operations Senior Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr
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Sales & Business Development Senior Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 19 Jun 2023

Companies similar to Axis Max Life Insurance for Senior Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Development Manager Salary 1 - 9 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr 10% less
HDFC Life Senior Development Manager Salary 1 - 8 years exp. (15 salaries)	₹2 L/yr - ₹3.3 L/yr 45% less
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SBI Life Insurance Company Senior Development Manager Salary 4 - 9 years exp. (4 salaries)	₹3.2 L/yr - ₹3.9 L/yr 23% less
Bajaj Allianz Life Insurance Senior Development Manager Salary 2 - 10 years exp. (3 salaries)	₹3 L/yr - ₹5.1 L/yr 19% less
Kotak Mahindara Life Insurance Senior Development Manager Salary 4 - 14 years exp. (3 salaries)	₹3.3 L/yr - ₹5.1 L/yr 13% less
Reliance Nippon Life Insurance Senior Development Manager Salary 3 - 7 years exp. (4 salaries)	₹3.1 L/yr - ₹3.6 L/yr 32% less
ICICI Lombard General Insurance Company Senior Development Manager Salary 1 - 9 years exp. (80 salaries)	₹3.5 L/yr - ₹4.8 L/yr 18% less
SBI General Insurance Senior Development Manager Salary 4 - 7 years exp. (5 salaries)	₹4.5 L/yr - ₹5.5 L/yr 4% less
Shriram Life Insurance Senior Development Manager Salary 2 - 8 years exp. (4 salaries)	₹3 L/yr - ₹4.3 L/yr 22% less

Senior Development Manager salary at Axis Max Life Insurance ranges between ₹3.2 Lakhs to ₹5.5 Lakhs per year for employees with 6 years of experience. Salary estimates are based on 3 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Senior Development Manager salaries

Last Updated: 19 Jun 2023

Experience	Avg Annual Salary
6 years (3 salaries)	₹3.2 L/yr - ₹5.5 L/yr
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Salary related reviews for Axis Max Life Insurance

4.9

Rated by 2 employees for salary & benefits

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

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

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What people are saying about Axis Max Life Insurance

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wiserhino

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Max Life Insurance

Looking for career Growth I have 6+ years of experience in Hr operations & Recruitment currently withdrawing 4.9LPA Kindly suggest some tips for salary and career growth

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Axis Max Life Insurance Senior Development Manager Salary FAQs

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

According to AmbitionBox, 50% of the Max Life Insurance Senior Development Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Max Life Insurance Senior Development Manager Salaries

Axis Max Life Insurance Senior Development Manager salary in India ranges between ₹3.2 Lakhs to ₹5.5 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.