Max Life Insurance Indore Area Manager Salaries by 8 Employees (Updated 2025)

7 - 14 years exp.

₹5 Lakhs - ₹12.9 Lakhs

Salary of majority employees

20% less than the average Area Manager Salary in Insurance Companies for 7 - 14 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 7 - 12 years exp. (4 salaries)	₹5 L/yr - ₹12.9 L/yr
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Strategic & Top Management Area Manager Salary 10 - 14 years exp. (3 salaries)	₹5.5 L/yr - ₹8.7 L/yr

Last Updated: 5 Dec 2024

Companies similar to Max Life Insurance for Area Manager in Indore

Max Life Insurance Area Manager Salary

7 - 14 years exp. (8 salaries)

₹5 L/yr - ₹12.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Area Manager Salary 10 - 15 years exp. (3 salaries)	₹8.5 L/yr - ₹12 L/yr 17% more
Tata AIA Life Insurance Area Manager Salary 6 - 14 years exp. (4 salaries)	₹10 L/yr - ₹13.2 L/yr 44% more	10 job openings
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Bajaj Allianz General Insurance Area Manager Salary 7 - 11 years exp. (4 salaries)	₹5.2 L/yr - ₹10.5 L/yr 8% more
Star Union Dai-ichi Life Insurance Area Manager Salary 15 - 17 years exp. (3 salaries)	₹8.4 L/yr - ₹10 L/yr 14% more	1 job opening
Reliance Retail Area Manager Salary 10 - 16 years exp. (14 salaries)	₹5 L/yr - ₹12 L/yr 18% more

Area Manager salary at Max Life Insurance ranges between ₹5 Lakhs to ₹12.9 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 8 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Area Manager salaries in Indore

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹9.5 L/yr
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
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9 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.4 L/yr
11 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹11 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.9 L/yr
13 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹15.1 L/yr
14 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹15.3 L/yr

View all

From

Area Manager

₹

Lakhs/yr

5 - 18 years exp.

Associate Regional Manager

₹

Lakhs/yr

4 - 29 years exp.

Area Manager 5 - 18 years exp.

Senior Area Manager 12 - 18 years exp.

76% hike

Associate Regional Manager 4 - 29 years exp.

47% hike

From

1 more level

Area Manager

5 - 18 years exp.

Regional Head

7 - 23 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.

Similar Designation salaries in Max Life Insurance

Deputy Manager Salary

(33 salaries)

₹2.65 L/yr - ₹7.3 L/yr

Branch Manager Salary

(3 salaries)

₹10.05 L/yr - ₹11.84 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

3.0

Rated by 1 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

View All

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 Indore?

Area Manager salary at Max Life Insurance in Indore ranges between ₹5.0 Lakhs to ₹12.9 Lakhs for experience between 7 years to 14 years. According to our estimates it is 20% less than the average Area Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Max Life Insurance Indore.

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

The average salary of a Area Manager at Max Life Insurance is 20% less than the average salary of a Area Manager in Indore. 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 Indore.

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

Tata AIA Life Insurance Area Manager Salary - ₹10.0 Lakhs to ₹13.2 Lakhs per year
Reliance Retail Area Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
Bajaj Allianz Life Insurance Area Manager Salary - ₹8.5 Lakhs to ₹12.0 Lakhs per year
Star Union Dai-ichi Life Insurance Area Manager Salary - ₹8.4 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz General Insurance Area Manager Salary - ₹5.2 Lakhs to ₹10.5 Lakhs per year

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

The estimated take-home salary of a Area Manager at Max Life Insurance ranges between ₹60,393 per month to ₹61,921 per month in Indore. The take-home salary calculation is based on the average Max Life Insurance Area Manager salary in India which ranges between ₹5.0 Lakhs to ₹12.9 Lakhs per year for employees with experience between 7 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Max Life Insurance Area Managers in Indore reported a notice period of 1 Month, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Max Life Insurance Area Manager Salaries in Indore

Max Life Insurance Area Manager salary in Indore ranges between ₹5 Lakhs to ₹12.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Max Life Insurance latest salaries received from various employees of Max Life Insurance.