Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary44% less than the average Administration Manager Salary in Insurance Companies for 0 - 8 years of experience
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Salaries in different departments
Sales & Business Development
Administration Manager Salary
2 - 4
years
exp.
(4
salaries)
|  ₹3.5 L/yr - ₹5 L/yr |
Marketing & Communication
Administration Manager Salary
5 - 6
years
exp.
(AmbitionBox Estimate)
| ₹3.4 L/yr - ₹4.2 L/yr |
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| |
Administration & Facilities
Administration Manager Salary
4 - 8
years
exp.
(AmbitionBox Estimate)
| ₹4 L/yr - ₹4.8 L/yr |
Human Resources
Administration Manager Salary
7
years
exp.
(AmbitionBox Estimate)
| ₹4.5 L/yr - ₹5.5 L/yr |
Companies similar to Axis Max Life Insurance for Administration Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Kotak Mahindara Life Insurance Administration Manager Salary
1 - 8 years exp. (26 salaries) | ₹1.9 L/yr - ₹4 L/yr 
34%
less | |
 ICICI Lombard General Insurance Company Administration Manager Salary
4 - 15 years exp. (21 salaries) | ₹4 L/yr - ₹9.4 L/yr 
62%
more | |
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| ||
 Cholamandalam MS General Insurance Administration Manager Salary
8 - 19 years exp. (14 salaries) | ₹4.8 L/yr - ₹9.5 L/yr
60%
more | |
 ICICI Prudential Life Insurance Administration Manager Salary
0 - 15 years exp. (7 salaries) | ₹1.8 L/yr - ₹4 L/yr
33%
less | |
 Bajaj Allianz Life Insurance Administration Manager Salary
10 - 14 years exp. (7 salaries) | ₹11.2 L/yr - ₹17.1 L/yr
253%
more | |
 HDFC Ergo General Insurance Administration Manager Salary
8 - 12 years exp. (7 salaries) | ₹3.2 L/yr - ₹13.6 L/yr
70%
more | |
 Reliance Nippon Life Insurance Administration Manager Salary
1 - 4 years exp. (6 salaries) | ₹1.2 L/yr - ₹3 L/yr
57%
less | |
 Shriram Life Insurance Administration Manager Salary
0 - 14 years exp. (6 salaries) | ₹2.2 L/yr - ₹6.4 L/yr
17%
less | |
 Bajaj Allianz General Insurance Administration Manager Salary
3 - 15 years exp. (6 salaries) | ₹1.2 L/yr - ₹7.4 L/yr
11%
less | |
 SBI Life Insurance Company Administration Manager Salary
11 - 15 years exp. (6 salaries) | ₹8.2 L/yr - ₹12.1 L/yr
103%
more | |
 HDFC Life Administration Manager Salary
3 - 20 years exp. (6 salaries) | ₹2 L/yr - ₹8.4 L/yr
2%
less | |
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| ||
 Aditya Birla Sun Life Insurance Administration Manager Salary
2 - 14 years exp. (5 salaries) | ₹3 L/yr - ₹13 L/yr
72%
more | |
 Aviva Life Insurance India Administration Manager Salary
14 - 17 years exp. (4 salaries) | ₹6.8 L/yr - ₹8.3 L/yr
70%
more | 1 job opening |
 SBI General Insurance Administration Manager Salary
11 - 14 years exp. (4 salaries) | ₹5.3 L/yr - ₹7.2 L/yr
32%
more | |
 Life Insurance Corporation of India Administration Manager Salary
25 - 32 years exp. (4 salaries) | ₹18.9 L/yr - ₹30 L/yr
338%
more | |
 Star Health & Allied Insurance Administration Manager Salary
8 - 12 years exp. (3 salaries) | ₹4.5 L/yr - ₹6 L/yr
7%
more | |
Latest annual salaries shared by Axis Max Life Insurance Administration Manager
Experience wise Axis Max Life Insurance Administration Manager salaries
Last Updated: 28 Feb 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹1.9
L/yr
- ₹7
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹4.2
L/yr
- ₹5.3
L/yr
|
Login to view exact salary
| |
| 2 years (AmbitionBox Estimate) |
₹3.5
L/yr
- ₹8.3
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹3.5
L/yr
- ₹5
L/yr
|
| 4 years (3 salaries) |
₹4
L/yr
- ₹5
L/yr
|
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Axis Max Life Insurance Administration Manager Salary FAQs
The top 10% of Administration Manager at Axis Max Life Insurance earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Administration 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 10+ Axis Max Life Insurance employees in India.
| Life Insurance Corporation of India | ₹18.9 Lakhs to ₹30.0 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹11.2 Lakhs to ₹17.1 Lakhs per year |
| SBI Life Insurance Company | ₹8.2 Lakhs to ₹12.1 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹3.0 Lakhs to ₹13.0 Lakhs per year |
| HDFC Ergo General Insurance | ₹3.2 Lakhs to ₹13.6 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.
| Aviva Life Insurance India | ₹6.8 Lakhs to ₹8.3 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹4.0 Lakhs to ₹9.4 Lakhs per year |
| Cholamandalam MS General Insurance | ₹4.8 Lakhs to ₹9.5 Lakhs per year |
| SBI General Insurance | ₹5.3 Lakhs to ₹7.2 Lakhs per year |
| Star Health & Allied Insurance | ₹4.5 Lakhs to ₹6.0 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹1.9 Lakhs to ₹7.0 Lakhs per year |
| 1 year | ₹4.2 Lakhs to ₹5.3 Lakhs per year |
| 2 years | ₹3.5 Lakhs to ₹8.3 Lakhs per year |
| 3 years | ₹3.5 Lakhs to ₹5.0 Lakhs per year |
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Axis Max Life Insurance Administration Manager salary
in
India
ranges between ₹3.4
Lakhs to ₹7
Lakhs with an average annual salary of
₹. Salary estimates are based on
11
Axis Max Life Insurance latest salaries received from various employees of
Axis Max Life Insurance.