Max Life Insurance Senior Manager Salaries by 300+ Employees (Updated 2025)

3 - 17 years exp.

₹8.1 Lakhs - ₹31.2 Lakhs

Salary of majority employees

18% less than the average Senior Manager Salary in Insurance Companies for 3 - 17 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 4 - 17 years exp. (73 salaries)	₹7.1 L/yr - ₹27.5 L/yr
Sales & Business Development Senior Manager Salary 5 - 17 years exp. (31 salaries)	₹6.5 L/yr - ₹22.4 L/yr
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Product Management Senior Manager Salary 3 - 17 years exp. (25 salaries)	₹7.7 L/yr - ₹31 L/yr
Customer Success, Service & Operations Senior Manager Salary 6 - 17 years exp. (22 salaries)	₹8.3 L/yr - ₹18 L/yr
Strategic & Top Management Senior Manager Salary 3 - 10 years exp. (21 salaries)	₹16 L/yr - ₹30 L/yr

View all

Last Updated: 8 Feb 2025

Companies similar to Axis Max Life Insurance for Senior Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Manager Salary 2 - 18 years exp. (570 salaries)	₹9 L/yr - ₹25.1 L/yr 21% less	1 job opening
ICICI Prudential Life Insurance Senior Manager Salary 0 - 9 years exp. (451 salaries)	₹11 L/yr - ₹27 L/yr 1% more
Login to view exact salary
SBI Life Insurance Company Senior Manager Salary 5 - 14 years exp. (55 salaries)	₹4.1 L/yr - ₹17.4 L/yr 45% less
Tata AIA Life Insurance Senior Manager Salary 8 - 20 years exp. (231 salaries)	₹10.8 L/yr - ₹40 L/yr 31% more	12 job openings
Bajaj Allianz Life Insurance Senior Manager Salary 0 - 12 years exp. (143 salaries)	₹5.7 L/yr - ₹14 L/yr 45% less	1 job opening
Reliance Nippon Life Insurance Senior Manager Salary 1 - 18 years exp. (196 salaries)	₹3 L/yr - ₹13.5 L/yr 56% less
Kotak Mahindara Life Insurance Senior Manager Salary 1 - 14 years exp. (682 salaries)	₹3 L/yr - ₹12.1 L/yr 62% less	2 job openings
Aditya Birla Sun Life Insurance Senior Manager Salary 0 - 9 years exp. (94 salaries)	₹4 L/yr - ₹11.1 L/yr 52% less
PNB MetLife Senior Manager Salary 6 - 16 years exp. (100 salaries)	₹4.5 L/yr - ₹18 L/yr 38% less	2 job openings
ICICI Lombard General Insurance Company Senior Manager Salary 0 - 19 years exp. (1.5k salaries)	₹4.9 L/yr - ₹13.7 L/yr 46% less	7 job openings

View all

Senior Manager salary at Axis Max Life Insurance ranges between ₹8.1 Lakhs to ₹31.2 Lakhs per year for employees with experience between 3 years to 17 years. Salary estimates are based on 367 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Senior Manager salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
3 years (12 salaries)	₹16.8 L/yr - ₹30 L/yr
4 years (12 salaries)	₹13.4 L/yr - ₹23 L/yr
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5 years (21 salaries)	₹7.4 L/yr - ₹30 L/yr
6 years (24 salaries)	₹9.6 L/yr - ₹27 L/yr
7 years (23 salaries)	₹7.4 L/yr - ₹32 L/yr
8 years (28 salaries)	₹7.9 L/yr - ₹28.3 L/yr
9 years (21 salaries)	₹7.2 L/yr - ₹27.2 L/yr
10 years (34 salaries)	₹8.9 L/yr - ₹28.3 L/yr
11 years (23 salaries)	₹8.2 L/yr - ₹30 L/yr
12 years (43 salaries)	₹7.4 L/yr - ₹30.9 L/yr
13 years (34 salaries)	₹10 L/yr - ₹30.4 L/yr
14 years (27 salaries)	₹8.6 L/yr - ₹24.5 L/yr
15+ years (65 salaries)	₹7.6 L/yr - ₹27.5 L/yr

View all

From

Senior Manager

₹

Lakhs/yr

3 - 17 years exp.

Assistant Vice President

₹

Lakhs/yr

8 - 23 years exp.

Senior Manager 3 - 17 years exp.

Chief Manager 13 - 20 years exp.

28% hike

Assistant Vice President 8 - 23 years exp.

-8% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Axis Max Life Insurance

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Area Manager Salary

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Marketing Manager Salary

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₹3.3 L/yr - ₹8.2 L/yr

Business Manager Salary

(4 salaries)

₹3.05 L/yr - ₹6.35 L/yr

Top skills at Axis Max Life Insurance for Senior Manager

Financial Services Training Auditing MIS Management

Salary related reviews for Axis Max Life Insurance

3.5

Rated by 53 employees for salary & benefits

Senior Manager in Gurgaon / Gurugram

Full Time

Risk Management & Compliance Department

1.0

• posted on 19 May 2023

4.0

for Salary and Benefits

Likes

The pay is pretty competitive.

Salary - Good

+1 more

Dislikes

There is a lot of politics and bureaucracy which renders working very difficult. The culture has been destroyed by the people working here and many of them lack basic work ethics. Bluffing and telling lies to get the work done is a very regular affair. A sincere advice to anyone working in an MNC: do not choose this organisation. It will mostly be a cultural shock for you.

Skill development - Bad

+4 more

Senior Manager in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 27 Jun 2022

1.0

for Salary and Benefits

Likes

Job security even if you're a moderate performer, company policies are employee friendly, excellent survivors

Skill development - Good

+2 more

Dislikes

Pathetic compensation, due to high job security people don't leave and growth becomes stagnant. also the culture is over hyped now, that golden days are gone.

Salary - Bad

+1 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

Sales Manager in New Delhi

Full Time

Sales Department

2.0

• posted on 26 Nov 2022

2.0

for Salary and Benefits

Likes

...hing About Likes and dislike as company is not my Girlfriend or spouse to love There is only one rule once you perform for any company company will pay. Once you are not favourite for your manager you have to leave the company. No employee want to change the job real truth is employee change their manager.

Salary - Poor

+6 more

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Dislikes

Salary - Bad
Job security - Bad

+4 more

see more salary related reviews

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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 Senior Manager Salary FAQs

What is the salary of Senior Manager at Max Life Insurance?

Senior Manager salary at Max Life Insurance in India ranges between ₹8.1 Lakhs to ₹31.2 Lakhs for experience between 3 years to 17 years. According to our estimates it is 18% less than the average Senior Manager Salary in India. Salary estimates are based on 367 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Senior Manager at Max Life Insurance is 18% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.

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

Financial Services, Training, Auditing, MIS and Management are some of the popular skills required to work as a Senior Manager at Max Life Insurance India.

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

MetLife Senior Manager Salary - ₹19.0 Lakhs to ₹48.4 Lakhs per year
AIG Senior Manager Salary - ₹18.5 Lakhs to ₹35.1 Lakhs per year
AXA Senior Manager Salary - ₹24.0 Lakhs to ₹30.0 Lakhs per year
Allianz Senior Manager Salary - ₹24.0 Lakhs to ₹30.0 Lakhs per year
Tata AIA Life Insurance Senior Manager Salary - ₹10.8 Lakhs to ₹40.0 Lakhs per year

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

Star Union Dai-ichi Life Insurance Senior Manager Salary - ₹10.3 Lakhs to ₹31.5 Lakhs per year
ICICI Prudential Life Insurance Senior Manager Salary - ₹11.0 Lakhs to ₹27.0 Lakhs per year
Gallagher Senior Manager Salary - ₹8.6 Lakhs to ₹27.0 Lakhs per year
Magma HDI General Insurance Senior Manager Salary - ₹10.5 Lakhs to ₹23.0 Lakhs per year
HDFC Ergo General Insurance Senior Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Max Life Insurance ranges between ₹1,19,602 per month to ₹1,22,957 per month in India. The take-home salary calculation is based on the average Max Life Insurance Senior Manager salary in India which ranges between ₹8.1 Lakhs to ₹31.2 Lakhs per year for employees with experience between 3 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 40% of the Max Life Insurance Senior Managers reported a notice period of 3 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 252 responses on AmbitionBox in last 2 years.

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Max Life Insurance Senior Manager Salaries

Axis Max Life Insurance Senior Manager salary in India ranges between ₹8.1 Lakhs to ₹31.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 367 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Senior Manager salaries in India

Companies similar to Axis Max Life Insurance for Senior Manager

Latest annual salaries shared by Axis Max Life Insurance Senior Manager

Experience wise Max Life Insurance Senior Manager salaries

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Senior Manager

Salary related reviews for Axis Max Life Insurance

Senior Manager in Gurgaon / Gurugram

Senior Manager in Gurgaon / Gurugram

Deputy Manager in Kolkata

Sales Manager in New Delhi

Business Development Manager in Meerut

Axis Max Life Insurance Senior Manager Salary FAQs

Tell us how to improve this page.

Axis Max Life Insurance Senior Manager Salaries by Location