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Annual salary range
5 - 15 years exp.
₹4.2
Lakhs - ₹10.8
Lakhs
Login to view
detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary21% less than the average Area Manager Salary in Insurance Companies for 5 - 15 years of experience
Interested in this particular role? 7 job openings
Salaries in different departments
BFSI, Investments & Trading
Area Manager Salary
12 - 15
years
exp.
(4
salaries)
|  ₹7 L/yr - ₹10.8 L/yr |
Sales & Business Development
Area Manager Salary
5 - 9
years
exp.
(AmbitionBox Estimate)
| ₹4.2 L/yr - ₹7.9 L/yr |
Login to view exact salary
| |
Marketing & Communication
Area Manager Salary
10
years
exp.
(AmbitionBox Estimate)
| ₹6.6 L/yr - ₹7.7 L/yr |
Companies similar to Max Life Insurance for Area Manager in Chennai
Max Life Insurance
Area Manager Salary
5 - 15 years exp. (7 salaries) |  ₹4.2 L/yr - ₹10.8 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Area Manager Salary
3 - 16 years exp. (28 salaries) | ₹5.8 L/yr - ₹11.2 L/yr 
23%
more | |
 Bajaj Allianz Life Insurance Area Manager Salary
9 - 16 years exp. (7 salaries) | ₹6 L/yr - ₹12.5 L/yr
23%
more | |
Login to view exact salary
| ||
 SBI Life Insurance Company Area Manager Salary
6 - 18 years exp. (13 salaries) | ₹6.7 L/yr - ₹13 L/yr
10%
more | |
 Tata AIA Life Insurance Area Manager Salary
6 - 14 years exp. (8 salaries) | ₹7.3 L/yr - ₹12.4 L/yr
35%
more | 7 job openings |
 Aviva Life Insurance India Area Manager Salary
14 - 19 years exp. (4 salaries) | ₹8.5 L/yr - ₹12 L/yr
44%
more | |
 Bharti AXA Life Insurance Area Manager Salary
11 - 15 years exp. (3 salaries) | ₹9.1 L/yr - ₹12.9 L/yr
38%
more | |
 Cholamandalam MS General Insurance Area Manager Salary
6 - 15 years exp. (6 salaries) | ₹6.5 L/yr - ₹12 L/yr
18%
more | |
 Aditya Birla Sun Life Insurance Area Manager Salary
5 - 9 years exp. (5 salaries) | ₹5 L/yr - ₹7.5 L/yr 
14%
less | |
 Star Union Dai-ichi Life Insurance Area Manager Salary
14 - 17 years exp. (4 salaries) | ₹12 L/yr - ₹13.6 L/yr
60%
more | 1 job opening |
 Star Health & Allied Insurance Area Manager Salary
6 - 15 years exp. (3 salaries) | ₹6.5 L/yr - ₹12.5 L/yr
50%
more | 3 job openings |
Area Manager salary at Max Life Insurance ranges between ₹4.2
Lakhs
to ₹10.8
Lakhs
per year for employees with experience between 5 years to 15 years. Salary
estimates are based on
7 latest salaries received
from various employees of Max Life Insurance.
Latest annual salaries shared by Max Life Insurance Area Manager in Chennai
1mo ago
15
years
exp.
7mo ago
13
years
exp.
1y ago
9
years
exp.
1y ago
10
years
exp.
1y ago
5
years
exp.
1y ago
12
years
exp.
1y ago
14
years
exp.
Experience wise Max Life Insurance Area Manager salaries in Chennai
Last Updated: 21 Nov 2024
| Experience | Avg Annual Salary |
|---|---|
| 5 years (AmbitionBox Estimate) |
₹6
L/yr
- ₹12.8
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹6.5
L/yr
- ₹8.3
L/yr
|
Login to view exact salary
| |
| 7 years (AmbitionBox Estimate) |
₹6.6
L/yr
- ₹8.4
L/yr
|
| 8 years (AmbitionBox Estimate) |
₹6.7
L/yr
- ₹8.6
L/yr
|
| 9 years (AmbitionBox Estimate) |
₹4.2
L/yr
- ₹13.6
L/yr
|
View all
Similar Designation salaries in Max Life Insurance
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
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
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 Manager Salary FAQs
What is the salary of Area Manager at Max Life Insurance Chennai?
Area Manager salary at Max Life Insurance in Chennai ranges between ₹4.2 Lakhs to ₹10.8 Lakhs for experience between 5 years to 15 years. According to our estimates it is 21% less than the average Area Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Max Life Insurance Chennai.
How does the salary of a Area Manager at Max Life Insurance Chennai compare with the average salary range for this job?
The average salary of a Area Manager at Max Life Insurance is 21% less than the average salary of a Area Manager in Chennai. 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 Chennai.
Which similar companies are paying more than Max Life Insurance to a Area Manager in Chennai?
- Star Union Dai-ichi Life Insurance Area Manager Salary - ₹12.0 Lakhs to ₹13.6 Lakhs per year
- Star Health & Allied Insurance Area Manager Salary - ₹6.5 Lakhs to ₹12.5 Lakhs per year
- Aviva Life Insurance India Area Manager Salary - ₹8.5 Lakhs to ₹12.0 Lakhs per year
- Bharti AXA Life Insurance Area Manager Salary - ₹9.1 Lakhs to ₹12.9 Lakhs per year
- Tata AIA Life Insurance Area Manager Salary - ₹7.3 Lakhs to ₹12.4 Lakhs per year
What is the salary of a Area Manager in companies similar to Max Life Insurance in Chennai?
- ICICI Prudential Life Insurance Area Manager Salary - ₹5.8 Lakhs to ₹11.2 Lakhs per year
- Bajaj Allianz Life Insurance Area Manager Salary - ₹6.0 Lakhs to ₹12.5 Lakhs per year
- Cholamandalam MS General Insurance Area Manager Salary - ₹6.5 Lakhs to ₹12.0 Lakhs per year
- SBI Life Insurance Company Area Manager Salary - ₹6.7 Lakhs to ₹13.0 Lakhs per year
- Aditya Birla Sun Life Insurance Area Manager Salary - ₹5.0 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a Area Manager at Max Life Insurance in Chennai?
The estimated take-home salary of a Area Manager at Max Life Insurance ranges between ₹57,907 per month to ₹59,365 per month in Chennai. 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 ₹10.8 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Area Manager at Max Life Insurance in Chennai?
According to AmbitionBox, 40% of the Max Life Insurance Area Managers in Chennai reported a notice period of 15 days or less, 40% reported a notice period of 2 Months 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 Manager salary
in
Chennai
ranges between ₹4.2
Lakhs to ₹10.8
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.