Max Life Insurance Bangalore / Bengaluru Associate Manager Salaries by 5 Employees (Updated 2024)

2 - 6 years exp.

₹3.5 Lakhs - ₹4 Lakhs

Salary of majority employees

77% less than the average Associate Manager Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Manager Salary 3 - 6 years exp. (3 salaries)	₹3.9 L/yr - ₹4 L/yr
Login to view exact salary
Consulting Associate Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.9 L/yr

Last Updated: 5 Dec 2024

Companies similar to Max Life Insurance for Associate Manager in Bangalore / Bengaluru

Max Life Insurance Associate Manager Salary

2 - 6 years exp. (5 salaries)

₹3.5 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Associate Manager Salary 0 - 5 years exp. (4 salaries)	₹2.7 L/yr - ₹5.7 L/yr 10% more
HDFC Life Associate Manager Salary 1 - 12 years exp. (68 salaries)	₹3.1 L/yr - ₹7 L/yr 30% more
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ICICI Lombard General Insurance Company Associate Manager Salary 2 - 4 years exp. (4 salaries)	₹8 L/yr - ₹12.1 L/yr 132% more
HDFC Ergo General Insurance Associate Manager Salary 5 - 7 years exp. (4 salaries)	₹3.7 L/yr - ₹6.6 L/yr 36% more
Accenture Associate Manager Salary 6 - 19 years exp. (4.5k salaries)	₹11 L/yr - ₹40 L/yr 576% more	105 job openings

Associate Manager salary at Max Life Insurance ranges between ₹3.5 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Associate Manager salaries in Bangalore / Bengaluru

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.6 L/yr
3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.9 L/yr
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4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr

Similar Designation salaries in Max Life Insurance

Deputy Manager Salary

(70 salaries)

₹3.3 L/yr - ₹7.5 L/yr

Center Manager Salary

(24 salaries)

₹5 L/yr - ₹11.7 L/yr

Area Manager Salary

(17 salaries)

₹6 L/yr - ₹12.68 L/yr

Chief Manager Salary

(7 salaries)

₹11.85 L/yr - ₹25.82 L/yr

Financial Advisor Salary

(7 salaries)

₹2 L/yr - ₹5.5 L/yr

Training Manager Salary

(7 salaries)

₹5 L/yr - ₹10 L/yr

Operations Executive Salary

(7 salaries)

₹2.4 L/yr - ₹3.35 L/yr

MIS Executive Salary

(3 salaries)

₹2.35 L/yr - ₹5.5 L/yr

Aadm Salary

(3 salaries)

₹3.6 L/yr - ₹4 L/yr

Financial Service Consultant Salary

(3 salaries)

₹3.5 L/yr - ₹3.87 L/yr

Top skills at Max Life Insurance for Associate Manager

Banking Financial Services Penetration Channel Distribution Lead Generation

Salary related reviews for Max Life Insurance

Data Scientist in Gurgaon / Gurugram

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

Relationship Associate in Raipur

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.

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.

Associate in Pune

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.

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

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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 Associate Manager Salary FAQs

What is the salary of Associate Manager at Max Life Insurance Bangalore / Bengaluru?

Associate Manager salary at Max Life Insurance in Bangalore / Bengaluru ranges between ₹3.5 Lakhs to ₹4.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 77% less than the average Associate Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance Bangalore / Bengaluru.

How does the salary of a Associate Manager at Max Life Insurance Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Associate Manager at Max Life Insurance is 77% less than the average salary of a Associate Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.

What are the top skills required to work as a Associate Manager at Max Life Insurance?

Banking, Financial Services, Penetration, Channel Distribution and Lead Generation are some of the popular skills required to work as a Associate Manager at Max Life Insurance Bangalore / Bengaluru.

Which similar companies are paying more than Max Life Insurance to a Associate Manager in Bangalore / Bengaluru?

Accenture Associate Manager Salary - ₹11.0 Lakhs to ₹40.0 Lakhs per year
ICICI Lombard General Insurance Company Associate Manager Salary - ₹8.0 Lakhs to ₹12.1 Lakhs per year
HDFC Ergo General Insurance Associate Manager Salary - ₹3.7 Lakhs to ₹6.6 Lakhs per year
HDFC Life Associate Manager Salary - ₹3.1 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance Associate Manager Salary - ₹2.7 Lakhs to ₹5.7 Lakhs per year

What is the estimated take home salary of a Associate Manager at Max Life Insurance in Bangalore / Bengaluru?

The estimated take-home salary of a Associate Manager at Max Life Insurance ranges between ₹27,927 per month to ₹29,322 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Max Life Insurance Associate Manager salary in India which ranges between ₹3.5 Lakhs to ₹4.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Associate Manager at Max Life Insurance in Bangalore / Bengaluru?

According to AmbitionBox, 33% of the Max Life Insurance Associate Managers in Bangalore / Bengaluru reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Max Life Insurance Associate Manager Salaries in Bangalore / Bengaluru

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

Max Life Insurance Associate Manager salaries in Bangalore / Bengaluru

Companies similar to Max Life Insurance for Associate Manager in Bangalore / Bengaluru

Latest annual salaries shared by Max Life Insurance Associate Manager in Bangalore / Bengaluru

Experience wise Max Life Insurance Associate Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in Max Life Insurance

Top skills at Max Life Insurance for Associate Manager

Salary related reviews for Max Life Insurance

Data Scientist in Gurgaon / Gurugram

Relationship Associate in Raipur

Associate Sales Manager in Mumbai

Associate in Pune

Agency Development Manager in New Delhi

Max Life Insurance Associate Manager Salary FAQs

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