Axis Max Life Insurance Senior Vice President Salaries by 5 Employees (Updated 2025)

19 - 22 years exp.

₹36 Lakhs - ₹1 Crore

Low Confidence

Salary of majority employees

32% more than the average Senior Vice President Salary in Insurance Companies for 19 - 22 years of experience

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Salaries in different departments

Strategic & Top Management Senior Vice President Salary 20 - 22 years exp. (AmbitionBox Estimate)	₹93.1 L/yr - ₹1 Cr/yr
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Sales & Business Development Senior Vice President Salary 20 years exp. (AmbitionBox Estimate)	₹96.9 L/yr - ₹1.1 Cr/yr

Last Updated: 22 Feb 2025

Companies similar to Axis Max Life Insurance for Senior Vice President

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Senior Vice President Salary 13 - 24 years exp. (33 salaries)	₹29.7 L/yr - ₹51 L/yr 51% less
ICICI Lombard General Insurance Company Senior Vice President Salary 11 - 26 years exp. (14 salaries)	₹34 L/yr - ₹95 L/yr 27% less
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HDFC Life Senior Vice President Salary 17 - 25 years exp. (12 salaries)	₹26 L/yr - ₹1 Cr/yr 22% less
Bajaj Allianz Life Insurance Senior Vice President Salary 20 - 25 years exp. (7 salaries)	₹70 L/yr - ₹1 Cr/yr 7% less
ICICI Prudential Life Insurance Senior Vice President Salary 17 - 20 years exp. (6 salaries)	₹50 L/yr - ₹99 L/yr 2% less
HDFC Ergo General Insurance Senior Vice President Salary 17 - 23 years exp. (5 salaries)	₹39.2 L/yr - ₹51 L/yr 49% less
SBI Life Insurance Company Senior Vice President Salary 15 - 24 years exp. (5 salaries)	₹45 L/yr - ₹1.1 Cr/yr 18% more
Tata AIA Life Insurance Senior Vice President Salary 19 - 28 years exp. (4 salaries)	₹44 L/yr - ₹1 Cr/yr 6% less
Star Union Dai-ichi Life Insurance Senior Vice President Salary 24 - 27 years exp. (4 salaries)	₹60 L/yr - ₹94 L/yr 10% less

Senior Vice President salary at Axis Max Life Insurance ranges between ₹36 Lakhs to ₹1 Crore per year for employees with experience between 19 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Senior Vice President salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
15+ years (5 salaries)	₹36 L/yr - ₹1 Cr/yr
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Similar Designation salaries in Axis Max Life Insurance

Associate Vice President Salary

(29 salaries)

₹11.1 L/yr - ₹44.3 L/yr

Assistant Vice President Salary

(101 salaries)

₹10.5 L/yr - ₹35.35 L/yr

Head Operations Salary

(AmbitionBox Estimate)

₹28.4 L/yr - ₹36.3 L/yr

Store Manager Salary

(3 salaries)

₹2.5 L/yr - ₹7 L/yr

Senior Operations Manager Salary

(17 salaries)

₹8.15 L/yr - ₹17 L/yr

General Manager Salary

(AmbitionBox Estimate)

₹25.1 L/yr - ₹32.1 L/yr

Branch Head Salary

(21 salaries)

₹9 L/yr - ₹17 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹47.5 L/yr - ₹52.5 L/yr

Project Manager Salary

(22 salaries)

₹5.12 L/yr - ₹17 L/yr

Branch Manager Salary

(140 salaries)

₹7 L/yr - ₹14 L/yr

Top skills at Axis Max Life Insurance for Senior Vice President

Process Re - engineering Business Excellence Process Excellence Six Sigma Black Belt Lean Six Sigma Continuous Improvement Business Transformation Process Improvement Business Intelligence Business Process Transformation Six Sigma Master Black Belt

Salary related reviews for Axis Max Life Insurance

4.0

Rated by 1 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

Operations Executive in Howrah

Operations Department

5.0

• posted on 02 Jun 2021

4.0

for Salary and Benefits

Likes

Very good company for both personal and professional growth.Employee centric.Friendly environment.Colleagues and seniors are very much co-operative which is very helpful for a new joinee.I shared a great relation with them.A very much customer oriented company when it comes to service.

Salary - Good

+6 more

Dislikes

Salary structure needs to improve for an off-role employee else everything is fine.

Operations Executive in Ranchi

BFSI, Investments & Trading Department

5.0

• posted on 28 May 2019

5.0

for Salary and Benefits

Likes

Working with the max life insurance is such a great experience . My team leaders are very supportive , salary package is not to too but its okay, i have learned too many things there but work life balance is not too good

Salary - Excellent

+6 more

Dislikes

The thing that i dislike in working in max life insurance that is we all employee work every sunday but not even a single employee get compensation for the working on sunday.

Operations Executive in Gurgaon / Gurugram

Quality Assurance Department

5.0

• posted on 14 Aug 2020

4.0

for Salary and Benefits

Likes

.... It provide us WFH facilities which feels me secured during this pandemic time. Also I got my salary on time without any deductions which is a great thing during this survival period.

Salary - Good

+6 more

Dislikes

Nothing

Operations Executive in Gurgaon / Gurugram

Group Business Department

5.0

• posted on 15 Oct 2020

4.0

for Salary and Benefits

Likes

This is a very good company and good work environment or culture. Company policy are better, company pay salary and bonus time to time. This time i want job max life insurance

Salary - Good

+6 more

Dislikes

I have no any word about dislike this company

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Axis Max Life Insurance Senior Vice President Salary FAQs

What is the salary of Senior Vice President at Axis Max Life Insurance ?

The average salary of a Senior Vice President at Axis Max Life Insurance in India typically ranges from ₹36.0 Lakhs to ₹102.0 Lakhs per year, depending on experience (from 19 years to 22 years).

The top 10% of Senior Vice President at Axis Max Life Insurance earn more than ₹102.0 Lakhs per year, and the top 1% earn over ₹102.0 Lakhs per year. Senior Vice President 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 5 Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Senior Vice President at Axis Max Life Insurance in India typically ranges from ₹4,45,376 to ₹4,58,316 per month. This is based on the average salary range of ₹36.0 Lakhs to ₹102.0 Lakhs per year for employees with experience ranging from 19 years to 22 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 5 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 Vice President at Axis Max Life Insurance ?

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

- Process Re - engineering
- Business Excellence
- Process Excellence
- Six Sigma Black Belt
- Lean Six Sigma

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 Vice President in India?

SBI Life Insurance Company

₹45.0 Lakhs to ₹112.0 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 Vice President in companies similar to Axis Max Life Insurance in India?

The salary of a Senior Vice President 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:

ICICI Prudential Life Insurance	₹50.0 Lakhs to ₹99.0 Lakhs per year
Tata AIA Life Insurance	₹44.0 Lakhs to ₹101.0 Lakhs per year
Bajaj Allianz Life Insurance	₹70.0 Lakhs to ₹101.0 Lakhs per year
Star Union Dai-ichi Life Insurance	₹60.0 Lakhs to ₹94.0 Lakhs per year
HDFC Life	₹26.0 Lakhs to ₹102.0 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 Vice President at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
15 years	₹36.0 Lakhs to ₹102.0 Lakhs per year

and so on.

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Axis Max Life Insurance Senior Vice President Salaries by Location

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Axis Max Life Insurance Senior Vice President Salaries

Axis Max Life Insurance Senior Vice President salary in India ranges between ₹36 Lakhs to ₹1 Crore with an average annual salary of ₹. Salary estimates are based on 5 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Senior Vice President salaries in India (Updated 2025)

Companies similar to Axis Max Life Insurance for Senior Vice President

Latest annual salaries shared by Axis Max Life Insurance Senior Vice President

Experience wise Axis Max Life Insurance Senior Vice President salaries

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Senior Vice President

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Operations Executive in Howrah

Operations Executive in Ranchi

Operations Executive in Gurgaon / Gurugram

Operations Executive in Gurgaon / Gurugram

Axis Max Life Insurance Senior Vice President Salary FAQs

Tell us how to improve this page.

Axis Max Life Insurance Senior Vice President Salaries by Location