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

Annual salary range
19 - 22 years exp.
₹36 Lakhs - ₹1 Crore
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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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)
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₹93.1 L/yr - ₹1 Cr/yr

Sales & Business Development
Senior Vice President Salary
20 years exp. (AmbitionBox Estimate)
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₹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
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₹29.7 L/yr - ₹51 L/yr

arrow icon 51% less
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₹34 L/yr - ₹95 L/yr

arrow icon 27% less
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HDFC Life Senior Vice President Salary

17 - 25 years exp. (12 salaries)

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₹26 L/yr - ₹1 Cr/yr

arrow icon 22% less
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₹70 L/yr - ₹1 Cr/yr

arrow icon 7% less
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₹50 L/yr - ₹99 L/yr

arrow icon 2% less
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₹39.2 L/yr - ₹51 L/yr

arrow icon 49% less
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₹45 L/yr - ₹1.1 Cr/yr

arrow icon 18% more
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₹44 L/yr - ₹1 Cr/yr

arrow icon 6% less
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₹60 L/yr - ₹94 L/yr

arrow icon 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.

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

3d ago
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19 years exp.
1y ago
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22 years exp.
1y ago
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20 years exp.
1y ago
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20 years exp.

Experience wise Axis Max Life Insurance Senior Vice President salaries

Last Updated: 22 Feb 2025

Experience Avg Annual Salary
15+ years  (5 salaries)

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₹36 L/yr - ₹1 Cr/yr

Similar Designation salaries in Axis Max Life Insurance

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₹11.1 L/yr - ₹44.3 L/yr
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₹10.5 L/yr - ₹35.35 L/yr
Head Operations Salary
(AmbitionBox Estimate)
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₹28.4 L/yr - ₹36.3 L/yr
Store Manager Salary
(3 salaries)
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₹2.5 L/yr - ₹7 L/yr
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₹8.15 L/yr - ₹17 L/yr
General Manager Salary
(AmbitionBox Estimate)
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₹25.1 L/yr - ₹32.1 L/yr
Branch Head Salary
(21 salaries)
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₹9 L/yr - ₹17 L/yr
Associate Director Salary
(AmbitionBox Estimate)
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₹47.5 L/yr - ₹52.5 L/yr
Project Manager Salary
(22 salaries)
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₹5.12 L/yr - ₹17 L/yr
Branch Manager Salary
(140 salaries)
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₹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

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.

read more

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.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Good
  • +6 more

Dislikes

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

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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

read more
  • 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.

read more

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.

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing

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

read more
  • 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.

Tell us how to improve this page.

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