Max Life Insurance Senior Product Manager Salaries by 20+ Employees (Updated 2025)

5 - 13 years exp.

₹17 Lakhs - ₹32 Lakhs

Salary of majority employees

29% less than the average Senior Product Manager Salary in Insurance Companies for 5 - 13 years of experience

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Last Updated: 29 Jan 2025

Companies similar to Axis Max Life Insurance for Senior Product Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Product Manager Salary 4 - 10 years exp. (38 salaries)	₹13 L/yr - ₹33 L/yr 6% less
ICICI Prudential Life Insurance Senior Product Manager Salary 1 - 7 years exp. (12 salaries)	₹14.5 L/yr - ₹31 L/yr 25% less
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Tata AIA Life Insurance Senior Product Manager Salary 10 - 14 years exp. (6 salaries)	₹30 L/yr - ₹32.5 L/yr 29% more
ICICI Lombard General Insurance Company Senior Product Manager Salary 0 - 8 years exp. (145 salaries)	₹6 L/yr - ₹19 L/yr 52% less
HDFC Ergo General Insurance Senior Product Manager Salary 2 - 11 years exp. (8 salaries)	₹11.5 L/yr - ₹23 L/yr 18% less
Star Health & Allied Insurance Senior Product Manager Salary 9 - 17 years exp. (6 salaries)	₹23 L/yr - ₹46.5 L/yr 47% more
Aditya Birla Sun Life Insurance Senior Product Manager Salary 4 - 10 years exp. (4 salaries)	₹5 L/yr - ₹22 L/yr 39% less
PNB MetLife Senior Product Manager Salary 4 - 9 years exp. (3 salaries)	₹7.8 L/yr - ₹20 L/yr 35% less

Senior Product Manager salary at Axis Max Life Insurance ranges between ₹17 Lakhs to ₹32 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 28 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Senior Product Manager salaries

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
5 years (3 salaries)	₹22 L/yr - ₹40.8 L/yr
6 years (5 salaries)	₹17 L/yr - ₹41.7 L/yr
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7 years (AmbitionBox Estimate)	₹19 L/yr - ₹42.5 L/yr
8 years (4 salaries)	₹23 L/yr - ₹30 L/yr
9 years (AmbitionBox Estimate)	₹22 L/yr - ₹32 L/yr
10 years (5 salaries)	₹20 L/yr - ₹31 L/yr
11 years (3 salaries)	₹24 L/yr - ₹30 L/yr
12 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹29.5 L/yr
13 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹29.5 L/yr

View all

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Top skills at Axis Max Life Insurance for Senior Product Manager

Stakeholder Management Consulting Product Management Analytics Financial Services Agile Information Security Scrum Customer Experience Business Strategy Sales Process

Salary related reviews for Axis Max Life Insurance

3.7

Rated by 4 employees for salary & benefits

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

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

Associate in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 May 2024

1.0

for Salary and Benefits

Likes

Nothing good here

Dislikes

...arget is not complete. Target is so high that you will never receive incentives. Pay is too less and pressure, toxicity and politics is too high.

Salary - Bad

+6 more

see more salary related reviews

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What people are saying about Axis Max Life Insurance

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wiserhino

works at

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

Kindly give me some tips for salary growth

Salary growth

Career growth

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Axis Max Life Insurance Senior Product Manager Salary FAQs

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

Senior Product Manager salary at Max Life Insurance in India ranges between ₹17.0 Lakhs to ₹32.0 Lakhs for experience between 5 years to 13 years. According to our estimates it is 29% less than the average Senior Product Manager Salary in India. Salary estimates are based on 28 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Senior Product Manager at Max Life Insurance is 29% less than the average salary of a Senior Product Manager in India. To know exact salary insights, login to view.

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

Stakeholder Management, Consulting, Product Management, Analytics and Financial Services are some of the popular skills required to work as a Senior Product Manager at Max Life Insurance India.

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

Star Health & Allied Insurance Senior Product Manager Salary - ₹23.0 Lakhs to ₹46.5 Lakhs per year
Tata AIA Life Insurance Senior Product Manager Salary - ₹30.0 Lakhs to ₹32.5 Lakhs per year

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

HDFC Life Senior Product Manager Salary - ₹13.0 Lakhs to ₹33.0 Lakhs per year
HDFC Ergo General Insurance Senior Product Manager Salary - ₹11.5 Lakhs to ₹23.0 Lakhs per year
ICICI Prudential Life Insurance Senior Product Manager Salary - ₹14.5 Lakhs to ₹31.0 Lakhs per year
PNB MetLife Senior Product Manager Salary - ₹7.8 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Sun Life Insurance Senior Product Manager Salary - ₹5.0 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Senior Product Manager at Max Life Insurance ranges between ₹1,56,271 per month to ₹1,62,201 per month in India. The take-home salary calculation is based on the average Max Life Insurance Senior Product Manager salary in India which ranges between ₹17.0 Lakhs to ₹32.0 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 58% of the Max Life Insurance Senior Product Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Max Life Insurance Senior Product Manager Salaries

Axis Max Life Insurance Senior Product Manager salary in India ranges between ₹17 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.