Max Life Insurance Agency Development Manager Salaries by 1100+ Employees (Updated 2024)

0 - 13 years exp.

₹2 Lakhs - ₹6.7 Lakhs

Salary of majority employees

7% more than the average Agency Development Manager Salary in Insurance Companies for 0 - 13 years of experience

Interested in this particular role? 20 job openings

Salaries in different departments

Sales & Business Development Agency Development Manager Salary 0 - 13 years exp. (363 salaries)	₹2 L/yr - ₹6.7 L/yr
BFSI, Investments & Trading Agency Development Manager Salary 0 - 12 years exp. (257 salaries)	₹2.2 L/yr - ₹6.6 L/yr
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Customer Success, Service & Operations Agency Development Manager Salary 0 - 13 years exp. (90 salaries)	₹2.2 L/yr - ₹6.5 L/yr
Marketing & Communication Agency Development Manager Salary 0 - 12 years exp. (75 salaries)	₹2.6 L/yr - ₹6.5 L/yr
Finance & Accounting Agency Development Manager Salary 0 - 9 years exp. (37 salaries)	₹3 L/yr - ₹5.5 L/yr

Last Updated: 15 Dec 2024

Companies similar to Max Life Insurance for Agency Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Agency Development Manager Salary 0 - 7 years exp. (40 salaries)	₹2.2 L/yr - ₹6.7 L/yr 18% less
HDFC Life Agency Development Manager Salary 1 - 15 years exp. (285 salaries)	₹2.5 L/yr - ₹6.5 L/yr 1% less
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SBI Life Insurance Company Agency Development Manager Salary 1 - 9 years exp. (20 salaries)	₹2.4 L/yr - ₹4.4 L/yr 29% less
Bajaj Allianz Life Insurance Agency Development Manager Salary 1 - 9 years exp. (7 salaries)	₹3.1 L/yr - ₹4.5 L/yr 12% less
Tata AIA Life Insurance Agency Development Manager Salary 2 - 9 years exp. (5 salaries)	₹2.8 L/yr - ₹6.3 L/yr 11% less
Reliance Nippon Life Insurance Agency Development Manager Salary 0 - 7 years exp. (149 salaries)	₹1.3 L/yr - ₹5 L/yr 41% less
Aditya Birla Sun Life Insurance Agency Development Manager Salary 1 - 10 years exp. (4 salaries)	₹2.6 L/yr - ₹3.8 L/yr 31% less
Kotak Mahindara Life Insurance Agency Development Manager Salary 2 - 7 years exp. (17 salaries)	₹1 L/yr - ₹5.5 L/yr 26% less	3 job openings
PNB MetLife Agency Development Manager Salary 6 - 11 years exp. (5 salaries)	₹4.1 L/yr - ₹7.8 L/yr 24% more
Niva Bupa Health Insurance Company Agency Development Manager Salary 0 - 6 years exp. (15 salaries)	₹2.6 L/yr - ₹5 L/yr 21% less
Star Health & Allied Insurance Agency Development Manager Salary 0 - 7 years exp. (149 salaries)	₹2 L/yr - ₹6 L/yr 29% less
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HDFC Ergo General Insurance Agency Development Manager Salary 0 - 8 years exp. (87 salaries)	₹2.1 L/yr - ₹4.5 L/yr 31% less	2 job openings
Care Health Insurance Agency Development Manager Salary 2 - 9 years exp. (11 salaries)	₹3 L/yr - ₹5.2 L/yr 17% less
ICICI Lombard General Insurance Company Agency Development Manager Salary 0 - 7 years exp. (9 salaries)	₹2.2 L/yr - ₹6 L/yr 5% less
Bajaj Allianz General Insurance Agency Development Manager Salary 5 - 8 years exp. (6 salaries)	₹3.7 L/yr - ₹4.6 L/yr 8% less
ManipalCigna Health Insurance Agency Development Manager Salary 1 - 6 years exp. (6 salaries)	₹3 L/yr - ₹4 L/yr 21% less
Life Insurance Corporation of India Agency Development Manager Salary 3 - 12 years exp. (5 salaries)	₹2.6 L/yr - ₹5.4 L/yr 6% less
Shriram Life Insurance Agency Development Manager Salary 1 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 42% less	4 job openings
SBI General Insurance Agency Development Manager Salary 1 - 4 years exp. (4 salaries)	₹2.8 L/yr - ₹4.5 L/yr 18% less
Cholamandalam MS General Insurance Agency Development Manager Salary 3 - 14 years exp. (4 salaries)	₹3.6 L/yr - ₹4 L/yr 19% less

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Agency Development Manager salary at Max Life Insurance ranges between ₹2 Lakhs to ₹6.7 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 1.1k latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Agency Development Manager salaries

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
Fresher (43 salaries)	₹2.2 L/yr - ₹5.5 L/yr
1 year (74 salaries)	₹2 L/yr - ₹6 L/yr
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2 years (108 salaries)	₹2.4 L/yr - ₹6 L/yr
3 years (99 salaries)	₹2.4 L/yr - ₹6 L/yr
4 years (163 salaries)	₹2.1 L/yr - ₹6.6 L/yr
5 years (158 salaries)	₹2.3 L/yr - ₹6.6 L/yr
6 years (130 salaries)	₹2.5 L/yr - ₹6.5 L/yr
7 years (92 salaries)	₹2.7 L/yr - ₹6.7 L/yr
8 years (82 salaries)	₹2.6 L/yr - ₹6.5 L/yr
9 years (75 salaries)	₹2.6 L/yr - ₹6.5 L/yr
10 years (51 salaries)	₹3 L/yr - ₹6.5 L/yr
11 years (27 salaries)	₹3.2 L/yr - ₹5.5 L/yr
12 years (19 salaries)	₹3.5 L/yr - ₹6 L/yr
13 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

View all

Similar Designation salaries in Max Life Insurance

Business Development Manager Salary

(203 salaries)

₹2.2 L/yr - ₹7.25 L/yr

Area Sales Manager Salary

(60 salaries)

₹3 L/yr - ₹9.25 L/yr

Senior Business Development Manager Salary

(19 salaries)

₹4.2 L/yr - ₹8.2 L/yr

Senior Sales Manager Salary

(20 salaries)

₹4.35 L/yr - ₹7.5 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Business Development Associate Salary

(6 salaries)

₹3.5 L/yr - ₹4.9 L/yr

Deputy Manager Salary

(695 salaries)

₹2.4 L/yr - ₹9 L/yr

Regional Manager Salary

(75 salaries)

₹7.6 L/yr - ₹21 L/yr

Assistant Sales Manager Salary

(261 salaries)

₹2.4 L/yr - ₹5.15 L/yr

Territory Sales Manager Salary

(6 salaries)

₹5 L/yr - ₹12.8 L/yr

Top skills at Max Life Insurance for Agency Development Manager

Sales Recruitment Life Insurance Training Relationship Management Financial Services Business Planning Customer Experience Sales Process agency development CRM Partner Management Business Development Account Management Excel

Salary related reviews for Max Life Insurance

4.0

Rated by 458 employees for salary & benefits

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Salary is good

Dislikes

Lack of training, harrasment candidate for work , lack of field help , managers are not supportive they just bark but don't motivate agency manager at every hour . Mentally torture the candidate for work and pressurized day night equally, call anytime without thinking it's an off or weak day holiday. Never think about personal life also the manager are shameless because they trespass their manager homes without intimation and do misbehave with everyone in office. The management is not good so do not join max life

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 16 Sep 2023

5.0

for Salary and Benefits

Likes

Pay and perk is good. Promotion opportunities are really good.

Dislikes

No support from Seniors. No discipline, only they need result even if you are new. They will start poking you and also not ready to support you.

Agency Development Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 30 Nov 2022

1.0

for Salary and Benefits

Likes

Good Local management, training program also good.

Dislikes

Fake commitment from hr department before joining about in hand salary, After joining totally different in hand salary coming. When I talk zonal hr she is not giving a proper solution. Also they are sending employees for field work but they are not paying petrol expenses to employees. Means you have not earn anything in your take home salary hike. Hr department is to much confused and roude. Saturday Sunday working. Also daily 9.30 to 8.00 timing average. Means no work life balance. Also you can develop advisor from your own contact and relations. Company don't have any data.

Agency Development Manager in Bangalore / Bengaluru

Sales & Business Development Department

4.0

• posted on 05 Jun 2022

2.0

for Salary and Benefits

Likes

Good Training and Motivation from Leaders to grow ourselves to become better professionally and personally.

Dislikes

No Hike for performers, simply hire new people who has 3 months of experience in other companies with higher salary and will not check for review if they don't perform for months also.

Agency Development Manager

Sales & Business Development Department

3.0

• posted on 11 Aug 2019

2.0

for Salary and Benefits

Likes

work culture is good but there is no future not only in the company but in the whole insurance industry where you are just there for making business for the companies and you end up having nothing in ur hand , you have to manage financial agents with all the possible ways by money and emotional things which is pathetic for any individual because in the end you can be replace anytime once the management wants so its better to work in the company where there is growth and stability in the long run so dont waste your crucial time .

Dislikes

low package , investing on agents from your own salary , no growth and no work balance and stressful all the time

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Max Life Insurance Agency Development Manager Salary FAQs

What is the salary of Agency Development Manager at Max Life Insurance?

Agency Development Manager salary at Max Life Insurance in India ranges between ₹2.0 Lakhs to ₹6.7 Lakhs for less than 1 year of experience to 13 years. According to our estimates it is 7% more than the average Agency Development Manager Salary in India. Salary estimates are based on 1.1k latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Agency Development Manager at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Agency Development Manager at Max Life Insurance is 7% more than the average salary of a Agency Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Agency Development Manager at Max Life Insurance?

Sales, Recruitment, Life Insurance, Training and Relationship Management are some of the popular skills required to work as a Agency Development Manager at Max Life Insurance India.

Which similar companies are paying more than Max Life Insurance to a Agency Development Manager in India?

PNB MetLife Agency Development Manager Salary - ₹4.1 Lakhs to ₹7.8 Lakhs per year

What is the salary of a Agency Development Manager in companies similar to Max Life Insurance in India?

HDFC Life Agency Development Manager Salary - ₹2.5 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company Agency Development Manager Salary - ₹2.2 Lakhs to ₹6.0 Lakhs per year
Life Insurance Corporation of India Agency Development Manager Salary - ₹2.6 Lakhs to ₹5.4 Lakhs per year
Bajaj Allianz General Insurance Agency Development Manager Salary - ₹3.7 Lakhs to ₹4.6 Lakhs per year
Tata AIA Life Insurance Agency Development Manager Salary - ₹2.8 Lakhs to ₹6.3 Lakhs per year

What is the estimated take home salary of a Agency Development Manager at Max Life Insurance in India?

The estimated take-home salary of a Agency Development Manager at Max Life Insurance ranges between ₹34,997 per month to ₹36,237 per month in India. The take-home salary calculation is based on the average Max Life Insurance Agency Development Manager salary in India which ranges between ₹2.0 Lakhs to ₹6.7 Lakhs per year for employees with less than 1 year of experience to 13 years. Check how did we calculate take home salary?

What is the notice period for Agency Development Manager at Max Life Insurance?

According to AmbitionBox, 58% of the Max Life Insurance Agency Development Managers reported a notice period of 1 Month, 37% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 1.4k responses on AmbitionBox in last 2 years.

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Max Life Insurance Agency Development Manager Salaries

Max Life Insurance Agency Development Manager salary in India ranges between ₹2 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 1.1k Max Life Insurance latest salaries received from various employees of Max Life Insurance.

Max Life Insurance Agency Development Manager salaries in India

Companies similar to Max Life Insurance for Agency Development Manager

Latest annual salaries shared by Max Life Insurance Agency Development Manager

Experience wise Max Life Insurance Agency Development Manager salaries

Similar Designation salaries in Max Life Insurance

Top skills at Max Life Insurance for Agency Development Manager

Salary related reviews for Max Life Insurance

Agency Development Manager in New Delhi

Agency Development Manager in New Delhi

Agency Development Manager in Pune

Agency Development Manager in Bangalore / Bengaluru

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Max Life Insurance Agency Development Manager Salaries by Location