Max Life Insurance Area Manager Bancassurance Salaries by 4 Employees

7 - 16 years exp.

₹10.8 Lakhs - ₹14.8 Lakhs

Low Confidence

Salary of majority employees

28% more than the average Area Manager Bancassurance Salary in Insurance Companies for 7 - 16 years of experience

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Last Updated: 19 Oct 2024

Companies similar to Axis Max Life Insurance for Area Manager Bancassurance

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Bancassurance Salary 10 - 12 years exp. (3 salaries)	₹9.6 L/yr - ₹11 L/yr 21% less
SBI Life Insurance Company Area Manager Bancassurance Salary 9 - 21 years exp. (10 salaries)	₹6.5 L/yr - ₹10.2 L/yr 37% less
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Bajaj Allianz Life Insurance Area Manager Bancassurance Salary 10 - 16 years exp. (5 salaries)	₹6.4 L/yr - ₹10 L/yr 37% less
Tata AIA Life Insurance Area Manager Bancassurance Salary 14 - 17 years exp. (3 salaries)	₹12.6 L/yr - ₹13 L/yr At par
Turtlemint Area Manager Bancassurance Salary 13 - 15 years exp. (3 salaries)	₹10 L/yr - ₹10.5 L/yr 20% less

Area Manager Bancassurance salary at Axis Max Life Insurance ranges between ₹10.8 Lakhs to ₹14.8 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Area Manager Bancassurance salaries

Last Updated: 19 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹19.9 L/yr
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9 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
10 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
11 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
12 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
13 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
14 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
15+ years (AmbitionBox Estimate)	₹5.9 L/yr - ₹14.8 L/yr

View all

Salary related reviews for Axis Max Life Insurance

Agency Development Manager in Kollam

Full Time

Sales & Business Development Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Second Saturday and Sunday, third Saturday and Sundays are off. No other perks.

Dislikes

... from you. More than 5 persons already left the office with their toxic culture. Don't trust their words during interview they will give a package which is lesser than your current ctc and will give excuses as you will earn promotions in a fast track mode. nothing doing you will not meet their unrealistic targets. Hope my review will help future comers. thank you.

Salary - Poor

+6 more

Assistant Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Feb 2025

2.0

for Salary and Benefits

Likes

The thing is like about max life insurance is salary credit is on time and 2nd and 3rd Saturday is also weekoff.

Dislikes

...they expect high level quality work from employees. Worst management and system. Field work also involved in the low salary. 2 field visit per day.

Salary - Poor

+5 more

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

Company culture - Poor

+1 more

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.

Salary - Bad

+5 more

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.

Salary - Poor

+6 more

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Axis Max Life Insurance Area Manager Bancassurance Salary FAQs

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

The average salary of a Area Manager Bancassurance at Max Life Insurance in India typically ranges from ₹10.8 Lakhs to ₹14.8 Lakhs per year, depending on experience (from 7 years to 16 years).

The top 10% of Area Manager Bancassurance at Max Life Insurance earn more than ₹14.8 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Area Manager Bancassurance Salaries at 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 4 Max Life Insurance employees in India.

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

The estimated take-home salary of a Area Manager Bancassurance at Max Life Insurance in India typically ranges from ₹90,433 to ₹92,811 per month. This is based on the average salary range of ₹10.8 Lakhs to ₹14.8 Lakhs per year for employees with experience ranging from 7 years to 16 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 4 salaries received from various employees of Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Max Life Insurance for Area Manager Bancassurance in India?

Tata AIA Life Insurance

₹12.6 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Max Life Insurance, depending on the role and experience level.

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

The salary of a Area Manager Bancassurance at companies similar to Max Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Turtlemint	₹10.0 Lakhs to ₹10.5 Lakhs per year
ICICI Prudential Life Insurance	₹9.6 Lakhs to ₹11.0 Lakhs per year
Bajaj Allianz Life Insurance	₹6.4 Lakhs to ₹10.0 Lakhs per year
SBI Life Insurance Company	₹6.5 Lakhs to ₹10.2 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 Area Manager Bancassurance at Max Life Insurance in India?

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

Experience	Average Salary Range
7 years	₹10.8 Lakhs to ₹10.8 Lakhs per year
8 years	₹10.8 Lakhs to ₹19.9 Lakhs per year
9 years	₹10.4 Lakhs to ₹13.3 Lakhs per year
10 years	₹10.8 Lakhs to ₹13.8 Lakhs per year

and so on.

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Max Life Insurance Area Manager Bancassurance Salaries

Axis Max Life Insurance Area Manager Bancassurance salary in India ranges between ₹10.8 Lakhs to ₹14.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.