Axis Max Life Insurance Mumbai Agency Manager Salaries by 20+ Employees

3 - 12 years exp.

₹3.5 Lakhs - ₹6.5 Lakhs

Salary of majority employees

26% more than the average Agency Manager Salary in Insurance Companies for 3 - 12 years of experience

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Salaries in different departments

Sales & Business Development Agency Manager Salary 5 - 12 years exp. (7 salaries)	₹3.6 L/yr - ₹6.5 L/yr
BFSI, Investments & Trading Agency Manager Salary 3 - 10 years exp. (6 salaries)	₹3.5 L/yr - ₹6 L/yr
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Finance & Accounting Agency Manager Salary 3 - 7 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

Last Updated: 20 Dec 2024

Companies similar to Axis Max Life Insurance for Agency Manager in Mumbai

Axis Max Life Insurance Agency Manager Salary

3 - 12 years exp. (20 salaries)

₹3.5 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Agency Manager Salary 0 - 8 years exp. (63 salaries)	₹2.7 L/yr - ₹5.3 L/yr 6% less
Aditya Birla Sun Life Insurance Agency Manager Salary 0 - 6 years exp. (27 salaries)	₹2.3 L/yr - ₹4 L/yr 36% less
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ManipalCigna Health Insurance Agency Manager Salary 0 - 10 years exp. (14 salaries)	₹2.5 L/yr - ₹4.5 L/yr 17% less
HDFC Ergo General Insurance Agency Manager Salary 0 - 7 years exp. (8 salaries)	₹2.6 L/yr - ₹4 L/yr 16% less
Cholamandalam MS General Insurance Agency Manager Salary 0 - 5 years exp. (6 salaries)	₹3.5 L/yr - ₹4 L/yr 15% less
Kotak Mahindara Life Insurance Agency Manager Salary 0 - 13 years exp. (5 salaries)	₹2 L/yr - ₹7.4 L/yr 23% less
Bajaj Allianz Life Insurance Agency Manager Salary 3 - 11 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 15% more
Reliance Nippon Life Insurance Agency Manager Salary 0 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹2.8 L/yr 36% less
HDFC Life Agency Manager Salary 2 - 7 years exp. (3 salaries)	₹1.8 L/yr - ₹7 L/yr 4% less	1 job opening

Agency Manager salary at Axis Max Life Insurance ranges between ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 20 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Agency Manager salaries in Mumbai

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
3 years (4 salaries)	₹3.5 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
Login to view exact salary
5 years (4 salaries)	₹3.6 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
7 years (4 salaries)	₹4 L/yr - ₹5.3 L/yr
8 years (4 salaries)	₹3.5 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
11 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
12 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr

View all

Similar Designation salaries in Axis Max Life Insurance

Sales Manager Salary

(71 salaries)

₹2.8 L/yr - ₹6 L/yr

Deputy Manager Salary

(68 salaries)

₹3.15 L/yr - ₹7.7 L/yr

Area Manager Salary

(28 salaries)

₹5 L/yr - ₹11 L/yr

Branch Manager Salary

(12 salaries)

₹7.3 L/yr - ₹12.5 L/yr

Regional Manager Salary

(12 salaries)

₹7.6 L/yr - ₹25 L/yr

Area Sales Manager Salary

(5 salaries)

₹4.33 L/yr - ₹9.82 L/yr

Territory Manager Salary

(3 salaries)

₹10.35 L/yr - ₹16 L/yr

Top skills at Axis Max Life Insurance for Agency Manager

Life Insurance Channel Sales Sales Business Development Financial Services Sales Area Sales Banking Sales B2B Sales Sales and Marketing Education Counseling Field Sales Corporate Sales Agency Sales Direct Sales Insurance Sales

Salary related reviews for Axis Max Life Insurance

4.6

Rated by 3 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

Sales Manager in New Delhi

Full Time

Sales Department

2.0

• posted on 26 Nov 2022

2.0

for Salary and Benefits

Likes

...hing About Likes and dislike as company is not my Girlfriend or spouse to love There is only one rule once you perform for any company company will pay. Once you are not favourite for your manager you have to leave the company. No employee want to change the job real truth is employee change their manager.

Salary - Poor

+6 more

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Dislikes

Salary - Bad
Job security - Bad

+4 more

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Branch Manager

Sales BD Department

5.0

• posted on 21 Dec 2018

5.0

for Salary and Benefits

Likes

It was very nice expierence to work with Max,very good teammates, nice growth appraisal excellent good salary Yes there is politics ay higher level high mode learning as per industry standards. It was turning point of my life.

Salary - Excellent

+6 more

Dislikes

Nothing Nothing Nothing

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Salary Discussions, Hike & Promotions

a manager - business analyst

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 Agency Manager Salary FAQs

What is the salary of Agency Manager at Axis Max Life Insurance in Mumbai?

The average salary of a Agency Manager at Axis Max Life Insurance in Mumbai typically ranges from ₹3.5 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Agency Manager in Mumbai at Axis Max Life Insurance earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Agency 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 20+ Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Agency Manager at Axis Max Life Insurance in Mumbai typically ranges from ₹32,134 to ₹33,417 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 3 years to 12 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 20+ 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 Agency Manager at Axis Max Life Insurance in Mumbai?

To be a Agency Manager at Axis Max Life Insurance in Mumbai, the key skills required include:

- Life Insurance
- Channel Sales
- Sales
- Business Development
- Financial Services Sales

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 Agency Manager in India?

Bajaj Allianz Life Insurance

₹4.0 Lakhs to ₹7.0 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 Agency Manager in companies similar to Axis Max Life Insurance in Mumbai?

The salary of a Agency Manager 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:

HDFC Life	₹1.8 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance	₹2.7 Lakhs to ₹5.3 Lakhs per year
Cholamandalam MS General Insurance	₹3.5 Lakhs to ₹4.0 Lakhs per year
HDFC Ergo General Insurance	₹2.6 Lakhs to ₹4.0 Lakhs per year
ManipalCigna Health Insurance	₹2.5 Lakhs to ₹4.5 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 Agency Manager at Axis Max Life Insurance in Mumbai?

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

Experience	Average Salary Range
3 years	₹3.5 Lakhs to ₹4.7 Lakhs per year
4 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
5 years	₹3.6 Lakhs to ₹4.5 Lakhs per year
6 years	₹3.8 Lakhs to ₹4.9 Lakhs per year

and so on.

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Axis Max Life Insurance Agency Manager Salaries in Mumbai

Axis Max Life Insurance Agency Manager salary in Mumbai ranges between ₹3.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.