Max Life Insurance Area Bancassurance Manager Salaries by 7 Employees (Updated 2025)

9 - 22 years exp.

₹12 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

30% more than the average Area Bancassurance Manager Salary in Insurance Companies for 9 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Bancassurance Manager Salary 18 - 22 years exp. (4 salaries)	₹15.4 L/yr - ₹18 L/yr
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Sales & Business Development Area Bancassurance Manager Salary 9 - 11 years exp. (3 salaries)	₹12 L/yr - ₹15.6 L/yr

Last Updated: 29 Dec 2024

Companies similar to Max Life Insurance for Area Bancassurance Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Bancassurance Manager Salary 4 - 13 years exp. (5 salaries)	₹9.4 L/yr - ₹12 L/yr 32% less
SBI Life Insurance Company Area Bancassurance Manager Salary 4 - 21 years exp. (6 salaries)	₹5.9 L/yr - ₹14 L/yr 39% less
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Tata AIA Life Insurance Area Bancassurance Manager Salary 12 - 15 years exp. (4 salaries)	₹14 L/yr - ₹15.6 L/yr 6% less	10 job openings
ManipalCigna Health Insurance Area Bancassurance Manager Salary 9 - 13 years exp. (3 salaries)	₹8 L/yr - ₹10.1 L/yr 40% less

Area Bancassurance Manager salary at Max Life Insurance ranges between ₹12 Lakhs to ₹18 Lakhs per year for employees with experience between 9 years to 22 years. Salary estimates are based on 7 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Area Bancassurance Manager salaries

Last Updated: 29 Dec 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹12 L/yr - ₹27.1 L/yr
10 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹27.2 L/yr
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11 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹27.3 L/yr
12 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
13 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
14 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.7 L/yr
15+ years (4 salaries)	₹6.3 L/yr - ₹18 L/yr

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Top skills at Max Life Insurance for Area Bancassurance Manager

Bancassurance Financial Services Banking Bancassurance Relationship Management Human Capital Management Sales Process Management Sales Customer Experience Finance Excel Service Delivery CRM Life Insurance

Salary related reviews for Max Life Insurance

4.0

Rated by 1 employees for salary & benefits

Data Scientist in Gurgaon / Gurugram

Full Time

Data Science & Analytics Department

3.0

• posted on 01 Aug 2024

3.0

for Salary and Benefits

Likes

Office Space Multiple business problems to solve.

Dislikes

Salary Too much office politics. Sometimes good work is limited to some folks. Career growth opportunities are limited to only some section of the teams

Relationship Associate in Raipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jul 2024

1.0

for Salary and Benefits

Likes

Job security

Dislikes

Appraisal depends upon reporting manager, new candidates came with higher package but old employees voice can not get into company ear because of team leaders. Competition are very good in this situation.

Associate Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 01 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Worst management and HR. Management torture Lower level staff for business. Even HR also support manager and they take concall for business. Worst working conditions in Max life Cooperative banca channel I have seen in my life time.

Associate in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 May 2024

1.0

for Salary and Benefits

Likes

Nothing good here

Dislikes

...arget is not complete. Target is so high that you will never receive incentives. Pay is too less and pressure, toxicity and politics is too high.

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

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Max Life Insurance Area Bancassurance Manager Salary FAQs

What is the salary of Area Bancassurance Manager at Max Life Insurance?

Area Bancassurance Manager salary at Max Life Insurance in India ranges between ₹12.0 Lakhs to ₹18.0 Lakhs for experience between 9 years to 22 years. According to our estimates it is 30% more than the average Area Bancassurance Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Area Bancassurance Manager at Max Life Insurance is 30% more than the average salary of a Area Bancassurance Manager in India. To know exact salary insights, login to view.

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

Bancassurance, Financial Services, Banking, Bancassurance and Relationship Management are some of the popular skills required to work as a Area Bancassurance Manager at Max Life Insurance India.

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

Tata AIA Life Insurance Area Bancassurance Manager Salary - ₹14.0 Lakhs to ₹15.6 Lakhs per year
ICICI Prudential Life Insurance Area Bancassurance Manager Salary - ₹9.4 Lakhs to ₹12.0 Lakhs per year
SBI Life Insurance Company Area Bancassurance Manager Salary - ₹5.9 Lakhs to ₹14.0 Lakhs per year
ManipalCigna Health Insurance Area Bancassurance Manager Salary - ₹8.0 Lakhs to ₹10.1 Lakhs per year

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

The estimated take-home salary of a Area Bancassurance Manager at Max Life Insurance ranges between ₹1,06,382 per month to ₹1,09,310 per month in India. The take-home salary calculation is based on the average Max Life Insurance Area Bancassurance Manager salary in India which ranges between ₹12.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 9 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Area Bancassurance Manager at Max Life Insurance?

According to AmbitionBox, 60% of the Max Life Insurance Area Bancassurance Managers reported a notice period of 3 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Max Life Insurance Area Bancassurance Manager Salaries

Max Life Insurance Area Bancassurance Manager salary in India ranges between ₹12 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Max Life Insurance latest salaries received from various employees of Max Life Insurance.