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

5 - 13 years exp.

₹17 Lakhs - ₹32 Lakhs

Salary of majority employees

30% less than the average Senior Product Manager Salary in Insurance Companies for 5 - 13 years of experience

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Last Updated: 21 Feb 2025

Companies similar to Axis Max Life Insurance for Senior Product Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Product Manager Salary 0 - 8 years exp. (143 salaries)	₹6 L/yr - ₹19.2 L/yr 50% less
HDFC Life Senior Product Manager Salary 4 - 10 years exp. (40 salaries)	₹13 L/yr - ₹33 L/yr 11% less
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ICICI Prudential Life Insurance Senior Product Manager Salary 1 - 7 years exp. (12 salaries)	₹14.5 L/yr - ₹31 L/yr 21% less
HDFC Ergo General Insurance Senior Product Manager Salary 2 - 11 years exp. (8 salaries)	₹11.5 L/yr - ₹23 L/yr 18% less
Tata AIA Life Insurance Senior Product Manager Salary 10 - 14 years exp. (6 salaries)	₹30 L/yr - ₹32.5 L/yr 29% more
Star Health & Allied Insurance Senior Product Manager Salary 9 - 17 years exp. (6 salaries)	₹23 L/yr - ₹46.5 L/yr 56% more
Aditya Birla Sun Life Insurance Senior Product Manager Salary 4 - 10 years exp. (4 salaries)	₹5 L/yr - ₹22.9 L/yr 38% 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 Axis Max Life Insurance Senior Product Manager salaries

Last Updated: 21 Feb 2025

Experience	Avg Annual Salary
5 years (3 salaries)	₹22 L/yr - ₹40.7 L/yr
6 years (5 salaries)	₹17 L/yr - ₹41.6 L/yr
Login to view exact salary
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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Lead Product Manager Salary

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Group Product Manager Salary

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Technical Product Manager Salary

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Product Manager Salary

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Associate Product Manager Salary

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₹5.9 L/yr - ₹7.5 L/yr

Assistant Product Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Project Manager Salary

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₹5.12 L/yr - ₹17 L/yr

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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Want to take on to VP Marketing level job opportunities with base in Delhi NCR. What my path should look like? Profile: Based out of Delhi NCR, 11 yoe in content marketing (across corporate+startups), Sr. Manager Digital Marketing

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Axis Max Life Insurance Senior Product Manager Salary FAQs

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

The average salary of a Senior Product Manager at Axis Max Life Insurance in India typically ranges from ₹17.0 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Senior Product Manager at Axis Max Life Insurance earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Senior Product Manager 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 estimates are based on salary data submitted by 20+ Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Senior Product Manager at Axis Max Life Insurance in India typically ranges from ₹1,56,126 to ₹1,62,049 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 5 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Product Manager at Axis Max Life Insurance ?

To be a Senior Product Manager at Axis Max Life Insurance in india, the key skills required include:

- Stakeholder Management
- Consulting
- Product Management
- Analytics
- Financial Services

These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Axis Max Life Insurance for Senior Product Manager in India?

Star Health & Allied Insurance	₹23.0 Lakhs to ₹46.5 Lakhs per year
Tata AIA Life Insurance	₹30.0 Lakhs to ₹32.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.

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

The salary of a Senior Product Manager at companies similar to Axis Max Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life	₹13.0 Lakhs to ₹33.0 Lakhs per year
HDFC Ergo General Insurance	₹11.5 Lakhs to ₹23.0 Lakhs per year
ICICI Prudential Life Insurance	₹14.5 Lakhs to ₹31.0 Lakhs per year
PNB MetLife	₹7.8 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹5.0 Lakhs to ₹22.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Product Manager at Axis Max Life Insurance in India?

The salary growth for a Senior Product Manager at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Product Manager can expect the following growth trajectory at Axis Max Life Insurance:

Experience	Average Salary Range
5 years	₹22.0 Lakhs to ₹40.7 Lakhs per year
6 years	₹17.0 Lakhs to ₹41.6 Lakhs per year
7 years	₹19.0 Lakhs to ₹42.5 Lakhs per year
8 years	₹23.0 Lakhs to ₹30.0 Lakhs per year

and so on.

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Axis 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.