Axis Max Life Insurance Mumbai Associate Sales Manager Salaries by 70+ Employees (Updated 2025)

0 - 9 years exp.

₹2.5 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Associate Sales Manager Salary in Insurance Companies for 0 - 9 years of experience

Interested in this particular role? 18 job openings

Salaries in different departments

BFSI, Investments & Trading Associate Sales Manager Salary 1 - 9 years exp. (29 salaries)	₹2.5 L/yr - ₹4.1 L/yr
Sales & Business Development Associate Sales Manager Salary 0 - 7 years exp. (20 salaries)	₹2.7 L/yr - ₹4.5 L/yr
Login to view exact salary
Customer Success, Service & Operations Associate Sales Manager Salary 1 - 8 years exp. (6 salaries)	₹2.7 L/yr - ₹4.2 L/yr
Finance & Accounting Associate Sales Manager Salary 2 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹4.3 L/yr
Marketing & Communication Associate Sales Manager Salary 3 - 7 years exp. (3 salaries)	₹3 L/yr - ₹4.3 L/yr

Last Updated: 16 Mar 2025

Companies similar to Axis Max Life Insurance for Associate Sales Manager in Mumbai

Axis Max Life Insurance Associate Sales Manager Salary

0 - 9 years exp. (73 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Associate Sales Manager Salary 2 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹3.9 L/yr 15% less
Dhani Services Associate Sales Manager Salary 0 - 6 years exp. (36 salaries)	₹2.1 L/yr - ₹4 L/yr 29% less
Login to view exact salary
Lodha Group Associate Sales Manager Salary 0 - 7 years exp. (30 salaries)	₹6.4 L/yr - ₹13.5 L/yr 173% more
Puranik Builders Associate Sales Manager Salary 0 - 8 years exp. (26 salaries)	₹4 L/yr - ₹8 L/yr 72% more	1 job opening
Reliance General Insurance Associate Sales Manager Salary 0 - 8 years exp. (26 salaries)	₹2.5 L/yr - ₹5 L/yr 4% less

Associate Sales Manager salary at Axis Max Life Insurance ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 73 latest salaries received from various employees of Axis Max Life Insurance.

Latest annual salaries shared by Axis Max Life Insurance Associate Sales Manager in Mumbai

2w ago

₹3 Lakhs

7 years exp.

1mo ago

₹4.5 Lakhs

4 years exp.

1mo ago

₹3.5 Lakhs

4 years exp.

1mo ago

₹3.8 Lakhs

3 years exp.

2mo ago

₹3.8 Lakhs

2 years exp.

2mo ago

7 years exp.

2mo ago

6 years exp.

3mo ago

2 years exp.

4mo ago

1 year exp.

5mo ago

9 years exp.

Experience wise Axis Max Life Insurance Associate Sales Manager salaries in Mumbai

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
1 year (7 salaries)	₹3.2 L/yr - ₹4 L/yr
Login to view exact salary
2 years (10 salaries)	₹2.8 L/yr - ₹4.4 L/yr
3 years (19 salaries)	₹2.6 L/yr - ₹4 L/yr
4 years (14 salaries)	₹2.5 L/yr - ₹4.5 L/yr
5 years (9 salaries)	₹2.7 L/yr - ₹4 L/yr
6 years (6 salaries)	₹3.2 L/yr - ₹4.5 L/yr
7 years (3 salaries)	₹3 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
9 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr

View all

From

Associate Sales Manager

₹

Lakhs/yr

0 - 10 years exp.

Partner

₹

Lakhs/yr

13 - 21 years exp.

Associate Sales Manager

0 - 10 years exp.

Sales Manager

0 - 10 years exp.

19% hike

Associate Partner

5 - 16 years exp.

62% hike

From

View 2 more levels

Associate Sales Manager

0 - 10 years exp.

Cluster Manager

6 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Axis Max Life Insurance

Sales Manager Salary

(71 salaries)

₹2.3 L/yr - ₹6 L/yr

Area Manager Salary

(28 salaries)

₹5 L/yr - ₹11 L/yr

Assistant Sales Manager Salary

(20 salaries)

₹2.5 L/yr - ₹4.77 L/yr

Regional Manager Salary

(12 salaries)

₹7.6 L/yr - ₹25 L/yr

Area Sales Manager Salary

(5 salaries)

₹4.33 L/yr - ₹9.82 L/yr

Top skills at Axis Max Life Insurance for Associate Sales Manager

Banking Bancassurance Training Penetration Branch Banking Sales financial sales Lead Generation HNI Client Handling Financial Services Training Private Banking Sales Process Penetration Testing Bancassurance

Salary related reviews for Axis Max Life Insurance

2.5

Rated by 4 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.

Salary - Poor

+6 more

Associate Sales Manager in Alwar

Bancassurance Department

5.0

• posted on 23 Dec 2020

2.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Skill development - Excellent

+5 more

Dislikes

Incentive structure is not good according to work.

Salary - Poor

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

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

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Dislikes

Salary - Bad
Job security - Bad

+4 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Axis Max Life Insurance Associate Sales Manager Salary FAQs

What is the salary of Associate Sales Manager at Axis Max Life Insurance in Mumbai?

The average salary of a Associate Sales Manager at Axis Max Life Insurance in Mumbai typically ranges from ₹2.5 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Associate Sales Manager in Mumbai at Axis Max Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Associate Sales Manager 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 70+ Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Associate Sales Manager at Axis Max Life Insurance in Mumbai typically ranges from ₹28,601 to ₹29,986 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher 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 70+ salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate Sales Manager at Axis Max Life Insurance in Mumbai?

To be a Associate Sales Manager at Axis Max Life Insurance in Mumbai, the key skills required include:

- Banking
- Bancassurance
- Training
- Penetration
- Branch Banking

These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Axis Max Life Insurance for Associate Sales Manager in India?

Lodha Group	₹6.4 Lakhs to ₹13.5 Lakhs per year
Puranik Builders	₹4.0 Lakhs to ₹8.0 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.

What is the salary of a Associate Sales Manager in companies similar to Axis Max Life Insurance in Mumbai?

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

Reliance General Insurance	₹2.5 Lakhs to ₹5.0 Lakhs per year
ICICI Prudential Life Insurance	₹2.8 Lakhs to ₹3.9 Lakhs per year
Dhani Services	₹2.1 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 Associate Sales Manager at Axis Max Life Insurance in Mumbai?

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

Experience	Average Salary Range
Fresher	₹3.2 Lakhs to ₹4.1 Lakhs per year
1 year	₹3.2 Lakhs to ₹4.0 Lakhs per year
2 years	₹2.8 Lakhs to ₹4.4 Lakhs per year
3 years	₹2.6 Lakhs to ₹4.0 Lakhs per year

and so on.

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Axis Max Life Insurance Associate Sales Manager Salaries in Mumbai

Axis Max Life Insurance Associate Sales Manager salary in Mumbai ranges between ₹2.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 73 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Associate Sales Manager salaries in Mumbai (Updated 2025)

Companies similar to Axis Max Life Insurance for Associate Sales Manager in Mumbai

Latest annual salaries shared by Axis Max Life Insurance Associate Sales Manager in Mumbai

Experience wise Axis Max Life Insurance Associate Sales Manager salaries in Mumbai

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Associate Sales Manager

Salary related reviews for Axis Max Life Insurance

Associate Sales Manager in Mumbai

Associate Sales Manager in Alwar

Deputy Manager in Kolkata

Sales Manager in New Delhi

Business Development Manager in Meerut

Axis Max Life Insurance Associate Sales Manager Salary FAQs

Tell us how to improve this page.