Axis Max Life Insurance Assistant Manager 1 Salaries by 5 Employees (Updated 2025)

5 - 9 years exp.

₹3.5 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

At par with the average Assistant Manager 1 Salary in Insurance Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager 1 Salary 5 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
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Sales & Business Development Assistant Manager 1 Salary 9 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 7 Jan 2025

Companies similar to Axis Max Life Insurance for Assistant Manager 1

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Assistant Manager 1 Salary 2 - 17 years exp. (5 salaries)	₹7.5 L/yr - ₹9.4 L/yr 83% more
Kotak Mahindara Life Insurance Assistant Manager 1 Salary 2 - 5 years exp. (3 salaries)	₹3.1 L/yr - ₹3.5 L/yr 28% less
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Tata AIA Life Insurance Assistant Manager 1 Salary 4 - 13 years exp. (4 salaries)	₹5 L/yr - ₹7.3 L/yr 38% more
Aditya Birla Sun Life Insurance Assistant Manager 1 Salary 3 - 11 years exp. (3 salaries)	₹2.5 L/yr - ₹4 L/yr 30% less
Star Health & Allied Insurance Assistant Manager 1 Salary 6 - 18 years exp. (3 salaries)	₹1.5 L/yr - ₹6.5 L/yr 6% more
ManipalCigna Health Insurance Assistant Manager 1 Salary 3 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹5.5 L/yr 10% more

Assistant Manager 1 salary at Axis Max Life Insurance ranges between ₹3.5 Lakhs to ₹6 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Assistant Manager 1 salaries

Last Updated: 7 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.8 L/yr
9 years (3 salaries)	₹4.3 L/yr - ₹6 L/yr

Similar Designation salaries in Axis Max Life Insurance

Assistant Manager O&M Salary

(3 salaries)

₹1 L/yr - ₹4.1 L/yr

Assistant Store Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Assistant Branch Manager Salary

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₹5 L/yr - ₹8 L/yr

Operations Manager Salary

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₹2.15 L/yr - ₹11 L/yr

Team Manager Salary

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₹2.5 L/yr - ₹7 L/yr

Branch Manager Salary

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₹7 L/yr - ₹14 L/yr

Deputy Manager Salary

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₹2.4 L/yr - ₹8.72 L/yr

Sales Manager Salary

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₹2.3 L/yr - ₹6.22 L/yr

Salary related reviews for Axis Max Life Insurance

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

Senior Officer in Amritsar

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Jul 2023

5.0

for Salary and Benefits

Likes

Max is best company in insurance sector Max always appreciate his employee & also pays a good salary, incentive, sizzler to his employee I will again join the max

Salary - Excellent

+4 more

Dislikes

My few colleagues always trying to misguide each other and some have jealousy for someone's being best

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

Operations Executive in Howrah

Operations Department

5.0

• posted on 02 Jun 2021

4.0

for Salary and Benefits

Likes

Very good company for both personal and professional growth.Employee centric.Friendly environment.Colleagues and seniors are very much co-operative which is very helpful for a new joinee.I shared a great relation with them.A very much customer oriented company when it comes to service.

Salary - Good

+6 more

Dislikes

Salary structure needs to improve for an off-role employee else everything is fine.

Operations Executive in Ranchi

BFSI, Investments & Trading Department

5.0

• posted on 28 May 2019

5.0

for Salary and Benefits

Likes

Working with the max life insurance is such a great experience . My team leaders are very supportive , salary package is not to too but its okay, i have learned too many things there but work life balance is not too good

Salary - Excellent

+6 more

Dislikes

The thing that i dislike in working in max life insurance that is we all employee work every sunday but not even a single employee get compensation for the working on sunday.

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Axis Max Life Insurance Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Axis Max Life Insurance ?

The average salary of a Assistant Manager 1 at Axis Max Life Insurance in India typically ranges from ₹3.5 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Assistant Manager 1 at Axis Max Life Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Assistant Manager 1 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 5 Axis Max Life Insurance employees in India.

What is the estimated take home salary of a Assistant Manager 1 at Axis Max Life Insurance in India?

The estimated take-home salary of a Assistant Manager 1 at Axis Max Life Insurance in India typically ranges from ₹32,752 to ₹34,025 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 5 years to 9 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 5 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 Assistant Manager 1 in India?

SBI Life Insurance Company	₹7.5 Lakhs to ₹9.4 Lakhs per year
Tata AIA Life Insurance	₹5.0 Lakhs to ₹7.3 Lakhs per year
ManipalCigna Health Insurance	₹3.5 Lakhs to ₹5.5 Lakhs per year
Star Health & Allied Insurance	₹1.5 Lakhs to ₹6.5 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.

What is the salary of a Assistant Manager 1 in companies similar to Axis Max Life Insurance in India?

The salary of a Assistant Manager 1 at companies similar to Axis Max Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindara Life Insurance	₹3.1 Lakhs to ₹3.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.5 Lakhs to ₹4.0 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.

How the salary growth look like for a Assistant Manager 1 at Axis Max Life Insurance in India?

The salary growth for a Assistant Manager 1 at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Assistant Manager 1 can expect the following growth trajectory at Axis Max Life Insurance:

Experience	Average Salary Range
5 years	₹3.5 Lakhs to ₹3.5 Lakhs per year
6 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
7 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
8 years	₹4.5 Lakhs to ₹8.8 Lakhs per year

and so on.

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Axis Max Life Insurance Assistant Manager 1 Salaries

Axis Max Life Insurance Assistant Manager 1 salary in India ranges between ₹3.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.