Max Life Insurance ASM Salaries by 100+ Employees (Updated 2024)

1 - 9 years exp.

₹2.3 Lakhs - ₹4.8 Lakhs

Salary of majority employees

49% less than the average ASM Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading ASM Salary 1 - 7 years exp. (55 salaries)	₹2.3 L/yr - ₹4.5 L/yr
Sales & Business Development ASM Salary 2 - 9 years exp. (26 salaries)	₹2.6 L/yr - ₹4.6 L/yr
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Customer Success, Service & Operations ASM Salary 2 - 7 years exp. (18 salaries)	₹2.9 L/yr - ₹4.8 L/yr

Last Updated: 15 Dec 2024

Companies similar to Max Life Insurance for ASM

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance ASM Salary 1 - 3 years exp. (3 salaries)	₹4.5 L/yr - ₹4.9 L/yr 29% more
HDFC Life ASM Salary 0 - 8 years exp. (58 salaries)	₹2.7 L/yr - ₹5 L/yr 4% more
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Bajaj Allianz Life Insurance ASM Salary 1 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹2.3 L/yr 40% less
Reliance Nippon Life Insurance ASM Salary 1 - 13 years exp. (8 salaries)	₹2 L/yr - ₹2.8 L/yr 34% less
Tata AIA Life Insurance ASM Salary 4 - 11 years exp. (4 salaries)	₹4 L/yr - ₹4.3 L/yr 9% more
Aditya Birla Sun Life Insurance ASM Salary 0 - 5 years exp. (10 salaries)	₹2.3 L/yr - ₹3.5 L/yr 26% less
Life Insurance Corporation of India ASM Salary 4 - 7 years exp. (3 salaries)	₹2.5 L/yr - ₹5 L/yr 6% less
Aviva Life Insurance India ASM Salary 0 - 10 years exp. (10 salaries)	₹2.1 L/yr - ₹3 L/yr 32% less
Care Health Insurance ASM Salary 2 - 8 years exp. (5 salaries)	₹5.5 L/yr - ₹6.1 L/yr 53% more
Cholamandalam MS General Insurance ASM Salary 5 - 12 years exp. (4 salaries)	₹4.3 L/yr - ₹8 L/yr 58% more
HDFC Ergo General Insurance ASM Salary 0 - 9 years exp. (4 salaries)	₹3.2 L/yr - ₹10.5 L/yr 36% more
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ICICI Lombard General Insurance Company ASM Salary 5 - 9 years exp. (3 salaries)	₹7.6 L/yr - ₹30 L/yr 397% more
Royal Sundaram General Insurance ASM Salary 11 - 12 years exp. (3 salaries)	₹7 L/yr - ₹8 L/yr 94% more
Bajaj Allianz General Insurance ASM Salary 4 - 15 years exp. (3 salaries)	₹5.7 L/yr - ₹9 L/yr 98% more
ManipalCigna Health Insurance ASM Salary 5 - 11 years exp. (3 salaries)	₹4.5 L/yr - ₹8.3 L/yr 88% more

ASM salary at Max Life Insurance ranges between ₹2.3 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 129 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance ASM salaries

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
1 year (4 salaries)	₹3 L/yr - ₹3.6 L/yr
2 years (17 salaries)	₹2.6 L/yr - ₹4.1 L/yr
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3 years (25 salaries)	₹2.3 L/yr - ₹4.5 L/yr
4 years (34 salaries)	₹2.5 L/yr - ₹4.5 L/yr
5 years (22 salaries)	₹2.9 L/yr - ₹4.5 L/yr
6 years (14 salaries)	₹2.5 L/yr - ₹4.5 L/yr
7 years (9 salaries)	₹2.9 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
9 years (3 salaries)	₹1.6 L/yr - ₹4.6 L/yr

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Salary related reviews for Max Life Insurance

4.2

Rated by 23 employees for salary & benefits

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.

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Salary is good

Dislikes

Lack of training, harrasment candidate for work , lack of field help , managers are not supportive they just bark but don't motivate agency manager at every hour . Mentally torture the candidate for work and pressurized day night equally, call anytime without thinking it's an off or weak day holiday. Never think about personal life also the manager are shameless because they trespass their manager homes without intimation and do misbehave with everyone in office. The management is not good so do not join max life

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 16 Sep 2023

5.0

for Salary and Benefits

Likes

Pay and perk is good. Promotion opportunities are really good.

Dislikes

No support from Seniors. No discipline, only they need result even if you are new. They will start poking you and also not ready to support you.

Agency Development Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 30 Nov 2022

1.0

for Salary and Benefits

Likes

Good Local management, training program also good.

Dislikes

Fake commitment from hr department before joining about in hand salary, After joining totally different in hand salary coming. When I talk zonal hr she is not giving a proper solution. Also they are sending employees for field work but they are not paying petrol expenses to employees. Means you have not earn anything in your take home salary hike. Hr department is to much confused and roude. Saturday Sunday working. Also daily 9.30 to 8.00 timing average. Means no work life balance. Also you can develop advisor from your own contact and relations. Company don't have any data.

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.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Max Life Insurance ASM Salary FAQs

What is the salary of ASM at Max Life Insurance?

ASM salary at Max Life Insurance in India ranges between ₹2.3 Lakhs to ₹4.8 Lakhs for experience between 1 years to 9 years. According to our estimates it is 49% less than the average ASM Salary in India. Salary estimates are based on 129 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a ASM at Max Life Insurance is 49% less than the average salary of a ASM in India. To know exact salary insights, login to view.

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

ICICI Lombard General Insurance Company ASM Salary - ₹7.6 Lakhs to ₹30.0 Lakhs per year
Bajaj Allianz General Insurance ASM Salary - ₹5.7 Lakhs to ₹9.0 Lakhs per year
Royal Sundaram General Insurance ASM Salary - ₹7.0 Lakhs to ₹8.0 Lakhs per year
ManipalCigna Health Insurance ASM Salary - ₹4.5 Lakhs to ₹8.3 Lakhs per year
Cholamandalam MS General Insurance ASM Salary - ₹4.3 Lakhs to ₹8.0 Lakhs per year

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

Care Health Insurance ASM Salary - ₹5.5 Lakhs to ₹6.1 Lakhs per year
HDFC Ergo General Insurance ASM Salary - ₹3.2 Lakhs to ₹10.5 Lakhs per year
ICICI Prudential Life Insurance ASM Salary - ₹4.5 Lakhs to ₹4.9 Lakhs per year
Tata AIA Life Insurance ASM Salary - ₹4.0 Lakhs to ₹4.3 Lakhs per year
HDFC Life ASM Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a ASM at Max Life Insurance ranges between ₹27,434 per month to ₹28,836 per month in India. The take-home salary calculation is based on the average Max Life Insurance ASM salary in India which ranges between ₹2.3 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for ASM at Max Life Insurance?

According to AmbitionBox, 49% of the Max Life Insurance ASMs reported a notice period of 2 Months, 39% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 103 responses on AmbitionBox in last 2 years.

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Max Life Insurance ASM Salaries

Max Life Insurance ASM salary in India ranges between ₹2.3 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 129 Max Life Insurance latest salaries received from various employees of Max Life Insurance.