Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary33% less than the average Area Manager Salary in Insurance Companies for 7 - 15 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Area Manager Salary
8 - 15
years
exp.
(14
salaries)
|  ₹5 L/yr - ₹11 L/yr |
Sales & Business Development
Area Manager Salary
7 - 14
years
exp.
(8
salaries)
| ₹5.5 L/yr - ₹8.5 L/yr |
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| |
Finance & Accounting
Area Manager Salary
8
years
exp.
(AmbitionBox Estimate)
| ₹6.5 L/yr - ₹7.5 L/yr |
Marketing & Communication
Area Manager Salary
9
years
exp.
(AmbitionBox Estimate)
| ₹6.1 L/yr - ₹7 L/yr |
Companies similar to Axis Max Life Insurance for Area Manager in Mumbai
Axis Max Life Insurance
Area Manager Salary
7 - 15 years exp. (28 salaries) |  ₹5 L/yr - ₹11 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Area Manager Salary
1 - 17 years exp. (50 salaries) | ₹7 L/yr - ₹12 L/yr 
43%
more | 30 job openings |
 HDFC Life Area Manager Salary
11 years exp. (32 salaries) | ₹13.3 L/yr - ₹19 L/yr
112%
more | |
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| ||
 Aditya Birla Sun Life Insurance Area Manager Salary
3 - 10 years exp. (31 salaries) | ₹5.3 L/yr - ₹9 L/yr
3%
more | |
 Tata AIA Life Insurance Area Manager Salary
6 - 16 years exp. (20 salaries) | ₹6 L/yr - ₹17.7 L/yr
81%
more | 1 job opening |
 SBI Life Insurance Company Area Manager Salary
6 - 18 years exp. (16 salaries) | ₹7.5 L/yr - ₹14.2 L/yr
32%
more | |
 Bajaj Allianz Life Insurance Area Manager Salary
7 - 13 years exp. (11 salaries) | ₹5 L/yr - ₹13 L/yr
42%
more | |
 Star Union Dai-ichi Life Insurance Area Manager Salary
12 - 18 years exp. (9 salaries) | ₹8 L/yr - ₹16.5 L/yr
97%
more | 2 job openings |
 ICICI Lombard General Insurance Company Area Manager Salary
8 - 14 years exp. (8 salaries) | ₹6.8 L/yr - ₹18.5 L/yr
108%
more | |
 Reliance Nippon Life Insurance Area Manager Salary
11 - 17 years exp. (6 salaries) | ₹11 L/yr - ₹17 L/yr
114%
more | |
 Aviva Life Insurance India Area Manager Salary
7 - 20 years exp. (6 salaries) | ₹9 L/yr - ₹12 L/yr
58%
more | |
 Cholamandalam MS General Insurance Area Manager Salary
9 - 15 years exp. (6 salaries) | ₹9.5 L/yr - ₹16.9 L/yr
77%
more | |
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| ||
 HDFC Ergo General Insurance Area Manager Salary
5 - 12 years exp. (3 salaries) | ₹7.1 L/yr - ₹11.4 L/yr
30%
more | |
Latest annual salaries shared by Axis Max Life Insurance Area Manager in Mumbai
Experience wise Axis Max Life Insurance Area Manager salaries in Mumbai
Last Updated: 12 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 7 years (3 salaries) |
₹2.5
L/yr
- ₹7
L/yr
|
| 8 years (5 salaries) |
₹5.5
L/yr
- ₹6.7
L/yr
|
Login to view exact salary
| |
| 9 years (4 salaries) |
₹6
L/yr
- ₹10.4
L/yr
|
| 10 years (3 salaries) |
₹6
L/yr
- ₹8
L/yr
|
| 11 years (AmbitionBox Estimate) |
₹6.1
L/yr
- ₹7.8
L/yr
|
From
To
Area Manager
Lakhs/yr
6 - 18 years exp.
Regional Head
Lakhs/yr
7 - 22 years exp.
75% hike
32% hike
From
View 1 more level
To
Area Manager
6 - 18 years exp.
Associate Regional Manager
7 - 29 years exp.
Similar Designation salaries in Axis Max Life Insurance
Top skills at Axis Max Life Insurance for Area Manager
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Axis Max Life Insurance Area Manager Salary FAQs
The top 10% of Area Manager in Mumbai at Axis Max Life Insurance earn more than ₹9.7 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Area Manager Salaries at Axis 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 20+ Axis Max Life Insurance employees in India.
- - Sales
- - Performance Management
- - Management
- - IRDA
- - Productivity Improvement
These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.
| Reliance Nippon Life Insurance | ₹11.0 Lakhs to ₹17.0 Lakhs per year |
| HDFC Life | ₹13.3 Lakhs to ₹19.0 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹6.8 Lakhs to ₹18.5 Lakhs per year |
| Star Union Dai-ichi Life Insurance | ₹8.0 Lakhs to ₹16.5 Lakhs per year |
| Tata AIA Life Insurance | ₹6.0 Lakhs to ₹17.7 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.
| Cholamandalam MS General Insurance | ₹9.5 Lakhs to ₹16.9 Lakhs per year |
| Aviva Life Insurance India | ₹9.0 Lakhs to ₹12.0 Lakhs per year |
| ICICI Prudential Life Insurance | ₹7.0 Lakhs to ₹12.0 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹5.0 Lakhs to ₹13.0 Lakhs per year |
| SBI Life Insurance Company | ₹7.5 Lakhs to ₹14.2 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.
| Experience | Average Salary Range |
|---|---|
| 7 years | ₹2.5 Lakhs to ₹7.0 Lakhs per year |
| 8 years | ₹5.5 Lakhs to ₹6.7 Lakhs per year |
| 9 years | ₹6.0 Lakhs to ₹10.4 Lakhs per year |
| 10 years | ₹6.0 Lakhs to ₹8.0 Lakhs per year |
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- Axis Max Life Insurance Area Manager Salaries in Mumbai
Axis Max Life Insurance Area Manager salary
in
Mumbai
ranges between ₹5
Lakhs to ₹11
Lakhs with an average annual salary of
₹. Salary estimates are based on
28
Axis Max Life Insurance latest salaries received from various employees of
Axis Max Life Insurance.