Max Life Insurance Area Manager Salaries by 200+ Employees (Updated 2025)

5 - 18 years exp.

₹4.2 Lakhs - ₹14.4 Lakhs

Salary of majority employees

16% less than the average Area Manager Salary in Insurance Companies for 5 - 18 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 5 - 17 years exp. (132 salaries)	₹5 L/yr - ₹16.1 L/yr
Sales & Business Development Area Manager Salary 5 - 18 years exp. (91 salaries)	₹4.2 L/yr - ₹13 L/yr
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Customer Success, Service & Operations Area Manager Salary 6 - 14 years exp. (8 salaries)	₹5.1 L/yr - ₹12 L/yr
Marketing & Communication Area Manager Salary 9 - 12 years exp. (7 salaries)	₹5.3 L/yr - ₹12.4 L/yr
Finance & Accounting Area Manager Salary 5 - 10 years exp. (6 salaries)	₹5.8 L/yr - ₹8.6 L/yr

View all

Last Updated: 29 Jan 2025

Companies similar to Max Life Insurance for Area Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Area Manager Salary 5 - 14 years exp. (24 salaries)	₹3.2 L/yr - ₹12.9 L/yr 7% less
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (375 salaries)	₹5.8 L/yr - ₹13.1 L/yr 20% more	1 job opening
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Bajaj Allianz Life Insurance Area Manager Salary 5 - 17 years exp. (205 salaries)	₹5 L/yr - ₹16.5 L/yr 16% more
SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (264 salaries)	₹5 L/yr - ₹13.5 L/yr 8% more
Tata AIA Life Insurance Area Manager Salary 6 - 20 years exp. (187 salaries)	₹5.5 L/yr - ₹18 L/yr 45% more	8 job openings
Kotak Mahindara Life Insurance Area Manager Salary 7 - 18 years exp. (21 salaries)	₹4.9 L/yr - ₹19 L/yr 33% more
Reliance Nippon Life Insurance Area Manager Salary 13 - 23 years exp. (75 salaries)	₹9.5 L/yr - ₹21.4 L/yr 78% more
Aviva Life Insurance India Area Manager Salary 7 - 21 years exp. (40 salaries)	₹7 L/yr - ₹14 L/yr 40% more
Bharti AXA Life Insurance Area Manager Salary 7 - 19 years exp. (36 salaries)	₹6.1 L/yr - ₹16.5 L/yr 28% more
Cholamandalam MS General Insurance Area Manager Salary 5 - 16 years exp. (128 salaries)	₹4.5 L/yr - ₹14 L/yr 14% more

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Area Manager salary at Max Life Insurance ranges between ₹4.2 Lakhs to ₹14.4 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 296 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Area Manager salaries

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
5 years (12 salaries)	₹5.6 L/yr - ₹8 L/yr
6 years (20 salaries)	₹4.8 L/yr - ₹8.9 L/yr
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7 years (17 salaries)	₹6 L/yr - ₹9.5 L/yr
8 years (30 salaries)	₹5.1 L/yr - ₹10.1 L/yr
9 years (22 salaries)	₹4.2 L/yr - ₹11.2 L/yr
10 years (32 salaries)	₹5.5 L/yr - ₹13.1 L/yr
11 years (26 salaries)	₹5 L/yr - ₹13 L/yr
12 years (28 salaries)	₹5 L/yr - ₹14 L/yr
13 years (24 salaries)	₹5.5 L/yr - ₹12.7 L/yr
14 years (27 salaries)	₹5.5 L/yr - ₹14.8 L/yr
15+ years (58 salaries)	₹6 L/yr - ₹15.5 L/yr

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From

Area Manager

₹

Lakhs/yr

5 - 18 years exp.

Associate Regional Manager

₹

Lakhs/yr

7 - 29 years exp.

Area Manager 5 - 18 years exp.

Senior Area Manager 12 - 18 years exp.

79% hike

Associate Regional Manager 7 - 29 years exp.

49% hike

From

1 more level

Area Manager

5 - 18 years exp.

Regional Head

6 - 19 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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₹5.09 L/yr - ₹14 L/yr

Deputy Manager Salary

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₹2.4 L/yr - ₹9 L/yr

Regional Manager Salary

(71 salaries)

₹7.6 L/yr - ₹25 L/yr

Marketing Manager Salary

(12 salaries)

₹3.3 L/yr - ₹8.2 L/yr

Business Manager Salary

(4 salaries)

₹3.05 L/yr - ₹6.35 L/yr

Territory Manager Salary

(40 salaries)

₹7.5 L/yr - ₹19 L/yr

Team Lead Salary

(18 salaries)

₹3 L/yr - ₹9 L/yr

Top skills at Max Life Insurance for Area Manager

Sales Performance Management Management IRDA Productivity Improvement Cost Control Key Account Management Training insurance marketing Financial Services Sales Process Key Account Management Salesforce Networking Performance Management

Salary related reviews for Max Life Insurance

4.4

Rated by 59 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Max Life Insurance

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thickraspberry

works at

B P Oil Mills

Facing Toxic Culture and Management Issues.

I joined Axis Max Life Insurance, on 24 Dec 2024, After 11 Jan 2025 I started receiving hate and toxic culture from the female L1 Manager BRM. On Axis Max Life Insurance. Because I refused to do their personal work and work on the week off. Because I'm not the licking Employee. Now the female manager starts harassing me. The branch didn't even have the security CCTV Cameras so I don't have a Recording. But I have witnesses. She is too toxic And I feel mentally drained and harassing. What should I do because she is female I can't take unnecessary action. Please share the thoughts and advice and need help asap.

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Max Life Insurance Area Manager Salary FAQs

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

Area Manager salary at Max Life Insurance in India ranges between ₹4.2 Lakhs to ₹14.4 Lakhs for experience between 5 years to 18 years. According to our estimates it is 16% less than the average Area Manager Salary in India. Salary estimates are based on 296 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Area Manager at Max Life Insurance is 16% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.

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

Sales, Performance Management, Management, IRDA and Productivity Improvement are some of the popular skills required to work as a Area Manager at Max Life Insurance India.

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

Reliance Nippon Life Insurance Area Manager Salary - ₹9.5 Lakhs to ₹21.4 Lakhs per year
Star Health & Allied Insurance Area Manager Salary - ₹6.5 Lakhs to ₹21.6 Lakhs per year
Magma HDI General Insurance Area Manager Salary - ₹8.8 Lakhs to ₹16.3 Lakhs per year
ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.8 Lakhs per year
Star Union Dai-ichi Life Insurance Area Manager Salary - ₹7.8 Lakhs to ₹17.1 Lakhs per year

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

Tata AIA Life Insurance Area Manager Salary - ₹5.5 Lakhs to ₹18.0 Lakhs per year
SBI General Insurance Area Manager Salary - ₹9.0 Lakhs to ₹15.2 Lakhs per year
Aviva Life Insurance India Area Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Royal Sundaram General Insurance Area Manager Salary - ₹9.0 Lakhs to ₹18.5 Lakhs per year
Kotak Mahindara Life Insurance Area Manager Salary - ₹4.9 Lakhs to ₹19.0 Lakhs per year

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

The estimated take-home salary of a Area Manager at Max Life Insurance ranges between ₹59,281 per month to ₹60,777 per month in India. The take-home salary calculation is based on the average Max Life Insurance Area Manager salary in India which ranges between ₹4.2 Lakhs to ₹14.4 Lakhs per year for employees with experience between 5 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 32% of the Max Life Insurance Area Managers reported a notice period of 1 Month, 27% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 225 responses on AmbitionBox in last 2 years.

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Max Life Insurance Area Manager Salaries

Max Life Insurance Area Manager salary in India ranges between ₹4.2 Lakhs to ₹14.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 296 Max Life Insurance latest salaries received from various employees of Max Life Insurance.