Axis Max Life Insurance Mumbai ASM Salaries by 7 Employees

2 - 7 years exp.

₹2.9 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

50% less than the average ASM Salary in Insurance Companies for 2 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations ASM Salary 2 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹3.8 L/yr
BFSI, Investments & Trading ASM Salary 3 - 7 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.7 L/yr
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Sales & Business Development ASM Salary 3 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4 L/yr

Last Updated: 26 Apr 2023

Companies similar to Axis Max Life Insurance for ASM in Mumbai

Axis Max Life Insurance ASM Salary

2 - 7 years exp. (7 salaries)

₹2.9 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Samsung ASM Salary 10 - 14 years exp. (9 salaries)	₹15 L/yr - ₹22 L/yr 405% more
IndusInd Bank ASM Salary 0 - 14 years exp. (6 salaries)	₹1.5 L/yr - ₹11.3 L/yr 71% more
Login to view exact salary
Reliance Retail ASM Salary 8 - 11 years exp. (5 salaries)	₹5 L/yr - ₹7 L/yr 43% more
Raymond Lifestyle Limited ASM Salary 7 - 11 years exp. (4 salaries)	₹6 L/yr - ₹10.9 L/yr 120% more
Johnson Controls Hitachi Air Conditioning ASM Salary 12 - 15 years exp. (4 salaries)	₹16.7 L/yr - ₹17 L/yr 357% more

ASM salary at Axis Max Life Insurance ranges between ₹2.9 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance ASM salaries in Mumbai

Last Updated: 26 Apr 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr

View all

Similar Designation salaries in Axis Max Life Insurance

Agency Development Manager Salary

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Deputy Cluster Manager Salary

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Cluster Manager Salary

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₹7.5 L/yr - ₹13.86 L/yr

Senior Relationship Manager Salary

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₹3.7 L/yr - ₹9 L/yr

Area Head Salary

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Business Development Manager Salary

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₹4 L/yr - ₹7 L/yr

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

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

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

Salary - Good

+1 more

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

Skill development - Bad

+4 more

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.

Salary - Excellent

+2 more

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.

Salary - Bad

+4 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Axis Max Life Insurance ASM Salary FAQs

What is the salary of ASM at Axis Max Life Insurance in Mumbai?

The average salary of a ASM at Axis Max Life Insurance in Mumbai typically ranges from ₹2.9 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of ASM in Mumbai at Axis Max Life Insurance earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. ASM 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 7 Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a ASM at Axis Max Life Insurance in Mumbai typically ranges from ₹26,866 to ₹28,277 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 7 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 7 salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Max Life Insurance for ASM in India?

Samsung	₹15.0 Lakhs to ₹22.0 Lakhs per year
Johnson Controls Hitachi Air Conditioning	₹16.7 Lakhs to ₹17.0 Lakhs per year
Raymond Lifestyle Limited	₹6.0 Lakhs to ₹10.9 Lakhs per year
IndusInd Bank	₹1.5 Lakhs to ₹11.3 Lakhs per year
Reliance Retail	₹5.0 Lakhs to ₹7.0 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.

How the salary growth look like for a ASM at Axis Max Life Insurance in Mumbai?

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

Experience	Average Salary Range
2 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
4 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
5 years	₹3.3 Lakhs to ₹4.3 Lakhs per year

and so on.

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Axis Max Life Insurance ASM Salaries in Mumbai

Axis Max Life Insurance ASM salary in Mumbai ranges between ₹2.9 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.