Axis Max Life Insurance Mumbai Senior Vice President Salaries by 4 Employees

20 - 25 years exp.

₹80 Lakhs - ₹1 Crore

Salary of majority employees

58% more than the average Senior Vice President Salary in Insurance Companies for 20 - 25 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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BFSI, Investments & Trading Senior Vice President Salary 25 years exp. (AmbitionBox Estimate)	₹96 L/yr - ₹1.1 Cr/yr

Last Updated: 15 Mar 2023

Companies similar to Axis Max Life Insurance for Senior Vice President in Mumbai

Axis Max Life Insurance Senior Vice President Salary

20 - 25 years exp. (4 salaries)

₹80 L/yr - ₹1 Cr/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Senior Vice President Salary 15 - 20 years exp. (18 salaries)	₹30 L/yr - ₹50 L/yr 58% less
ICICI Lombard General Insurance Company Senior Vice President Salary 11 - 26 years exp. (12 salaries)	₹34 L/yr - ₹95 L/yr 40% less
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HDFC Life Senior Vice President Salary 15 - 24 years exp. (8 salaries)	₹33.2 L/yr - ₹1 Cr/yr 15% less
Tata AIA Life Insurance Senior Vice President Salary 15 - 25 years exp. (5 salaries)	₹50 L/yr - ₹85.1 L/yr 35% less
HDFC Ergo General Insurance Senior Vice President Salary 17 - 23 years exp. (5 salaries)	₹39.2 L/yr - ₹51 L/yr 56% less
SBI Life Insurance Company Senior Vice President Salary 15 - 24 years exp. (5 salaries)	₹45 L/yr - ₹1.1 Cr/yr 9% less

Senior Vice President salary at Axis Max Life Insurance ranges between ₹80 Lakhs to ₹1 Crore per year for employees with experience between 20 years to 25 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Senior Vice President salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹80 L/yr - ₹1 Cr/yr
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Similar Designation salaries in Axis Max Life Insurance

Assistant Vice President Salary

(19 salaries)

₹18.5 L/yr - ₹35 L/yr

Branch Manager Salary

(12 salaries)

₹7.3 L/yr - ₹12.5 L/yr

Associate Vice President Salary

(8 salaries)

₹12 L/yr - ₹44 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

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

see more salary related reviews

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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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 in Mumbai?

The average salary of a Senior Vice President at Axis Max Life Insurance in Mumbai typically ranges from ₹80.0 Lakhs to ₹101.0 Lakhs per year, depending on experience (from 20 years to 25 years).

The top 10% of Senior Vice President in Mumbai at Axis Max Life Insurance earn more than ₹101.0 Lakhs per year, and the top 1% earn over ₹101.0 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 4 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 Mumbai?

The estimated take-home salary of a Senior Vice President at Axis Max Life Insurance in Mumbai typically ranges from ₹5,14,858 to ₹5,28,227 per month. This is based on the average salary range of ₹80.0 Lakhs to ₹101.0 Lakhs per year for employees with experience ranging from 20 years to 25 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 4 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 in Mumbai?

To be a Senior Vice President at Axis Max Life Insurance in Mumbai, 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.

What is the salary of a Senior Vice President in companies similar to Axis Max Life Insurance in Mumbai?

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

SBI Life Insurance Company	₹45.0 Lakhs to ₹112.0 Lakhs per year
HDFC Life	₹33.2 Lakhs to ₹100.0 Lakhs per year
Tata AIA Life Insurance	₹50.0 Lakhs to ₹85.1 Lakhs per year
ICICI Lombard General Insurance Company	₹34.0 Lakhs to ₹95.0 Lakhs per year
HDFC Ergo General Insurance	₹39.2 Lakhs to ₹51.0 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 Mumbai?

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

Experience	Average Salary Range
15 years	₹80.0 Lakhs to ₹101.0 Lakhs per year

and so on.

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Axis Max Life Insurance Senior Vice President Salaries in Mumbai

Axis Max Life Insurance Senior Vice President salary in Mumbai ranges between ₹80 Lakhs to ₹1 Crore with an average annual salary of ₹. Salary estimates are based on 4 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.