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4.1

based on 5k Reviews

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Max Life Insurance Associate Development Manager salaries in New Delhi

Annual salary range
3 - 10 years exp.
₹3.5 Lakhs - ₹5 Lakhs
Salary of majority employees
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75% less than the average Associate Development Manager Salary in Insurance Companies for 3 - 10 years of experience

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Last Updated: 22 Jul 2024

Companies similar to Max Life Insurance for Associate Development Manager in New Delhi

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Max Life Insurance Associate Development Manager Salary

3 - 10 years exp. (4 salaries)

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₹3.5 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 14% less
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Fareportal Associate Development Manager Salary

12 - 14 years exp. (5 salaries)

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₹15.5 L/yr - ₹19.8 L/yr

arrow icon 455% more
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₹13.4 L/yr - ₹26 L/yr

arrow icon 388% more
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Accenture Associate Development Manager Salary

10 - 14 years exp. (4 salaries)

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₹21 L/yr - ₹26.6 L/yr

arrow icon 625% more
Associate Development Manager salary at Max Life Insurance ranges between ₹3.5 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Latest annual salaries shared by Max Life Insurance Associate Development Manager in New Delhi

4mo ago
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10 years exp.
1y ago
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5 years exp.
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7 years exp.

Experience wise Max Life Insurance Associate Development Manager salaries in New Delhi

Last Updated: 22 Jul 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.3 L/yr
6 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹5 L/yr
View all

Similar Designation salaries in Max Life Insurance

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₹2.05 L/yr - ₹5 L/yr

Top skills at Max Life Insurance for Associate Development Manager

Field Sales Management Life Insurance Insurance agency Sales Field Sales

Salary related reviews for Max Life Insurance

Full Time

 · 

Other Department

1.0
  •  posted on 28 Sep 2022

3.0
 for  Salary and Benefits

Likes

...other competitors. Also the Incentives/Variables are excellent and good enough. Except the basic Salary Package. But the Management Working in Nagpur Branch is Unorganized and Chaotic. Steps to succeed any Agency channel are Simple, Bring Agents, Train them, make them Understand the work and then Business comes in Automatically when ur agent is Upto the mark. But here it's totally Chaotic. Wish i could explain in few words what a sorry state of working environment is in Nagpur Branch.

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Dislikes

1. The basic Salary package they provide is much LOWER than the competitors. 2. What i Disliked most is the Working Environment. Specifically Of Our Branch. (Nagpur 1 - Under Office Head MANISH NATH , and His Sidekick ATUL CHITNAVIS (EVIL TWINS OF NAGPUR BRANCH) *I DO NOT KNOW HOW THE OTHER BRANCHES IN PAN INDIA WORKS THIS REVIEW IS SOLELY FOR MY BRANCH NAGPUR 1, NOT ANY OTHER BRANCH. 3. The Pressure of Business Procurement is from First Month. As soon as your done with your training (Online Training nowadays) they start Hammering you for Business. And the Pressure is so severe it almost feels like an Harassment. 4. As Insurance is a Need based product. Nobody can sell a Policy on a Daily Basis as if it's Milk or Bread. 5. They (MANISH&ATUL) would even Pressurize you to buy out your own Policy. 6. Worst thing is the language and manner of speaking with an employee whether a performer/Non Performer , New one or Vintage one is so Unethical and Degrading. It is so insulting to an extent that i have seen grown-ups cry coz of such insult. 7. Even if it's a Well Reputed Company but the Attitude and Harrassing behavior of the seniors makes most of Employees new or old to leave. 8. Doesn't matter if u were the performer of the Month or Year, if there is something they want and u couldn't deliver, they would forget all ur past achievements and treat you as an Useless Baggage. 9. The worst Thing i felt is the lack of respect as a Human to ur employees, Disgraceful comments such as "You're ur Parent's Mistake" , "You are Not even a Man" and many more things which i can't type here. Imagine what it does to a person when he listens such infront of whole staff? How does it affect his mentality? How can they expect anyone to go on Field and work with a clear mind after listening to such in morning meeting? (Morning meetings are nothing but Shouting competition of MANISH & ATUL) 10.And there is no need of a Genius to predict this, that if the behavior of such So called managers and Office Heads doesn't change, this Insurance Titanic is surely heading towards the Iceberg.

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Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 01 Aug 2024

3.0
 for  Salary and Benefits

Likes

Office Space Multiple business problems to solve.

Dislikes

Salary Too much office politics. Sometimes good work is limited to some folks. Career growth opportunities are limited to only some section of the teams

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 29 Jul 2024

1.0
 for  Salary and Benefits

Likes

Job security

Dislikes

Appraisal depends upon reporting manager, new candidates came with higher package but old employees voice can not get into company ear because of team leaders. Competition are very good in this situation.

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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.

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 20 May 2024

1.0
 for  Salary and Benefits

Likes

Nothing good here

Dislikes

...arget is not complete. Target is so high that you will never receive incentives. Pay is too less and pressure, toxicity and politics is too high.

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Max Life Insurance Associate Development Manager Salary FAQs

What is the salary of Associate Development Manager at Max Life Insurance New Delhi?
Associate Development Manager salary at Max Life Insurance in New Delhi ranges between ₹3.5 Lakhs to ₹5.0 Lakhs for experience between 3 years to 10 years. According to our estimates it is 75% less than the average Associate Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance New Delhi.
How does the salary of a Associate Development Manager at Max Life Insurance New Delhi compare with the average salary range for this job?
The average salary of a Associate Development Manager at Max Life Insurance is 75% less than the average salary of a Associate Development Manager in New Delhi. To know exact salary insights, login to view.
What are the top skills required to work as a Associate Development Manager at Max Life Insurance?
Field Sales Management, Life Insurance, Insurance, agency and Sales are some of the popular skills required to work as a Associate Development Manager at Max Life Insurance New Delhi.
Which similar companies are paying more than Max Life Insurance to a Associate Development Manager in New Delhi?
  • Accenture Associate Development Manager Salary - ₹21.0 Lakhs to ₹26.6 Lakhs per year
  • Fareportal Associate Development Manager Salary - ₹15.5 Lakhs to ₹19.8 Lakhs per year
  • Acro Technologies Associate Development Manager Salary - ₹13.4 Lakhs to ₹26.0 Lakhs per year
What is the salary of a Associate Development Manager in companies similar to Max Life Insurance in New Delhi?
  • ICICI Lombard General Insurance Company Associate Development Manager Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Associate Development Manager at Max Life Insurance in New Delhi?
The estimated take-home salary of a Associate Development Manager at Max Life Insurance ranges between ₹25,703 per month to ₹27,131 per month in New Delhi. The take-home salary calculation is based on the average Max Life Insurance Associate Development Manager salary in India which ranges between ₹3.5 Lakhs to ₹5.0 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Associate Development Manager at Max Life Insurance in New Delhi?
According to AmbitionBox, 100% of the Max Life Insurance Associate Development Managers in New Delhi reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Max Life Insurance Associate Development Manager salary in New Delhi ranges between ₹3.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Max Life Insurance latest salaries received from various employees of Max Life Insurance.