Axis Max Life Insurance AVP Salaries by 20+ Employees (Updated 2025)

12 - 21 years exp.

₹14.4 Lakhs - ₹40 Lakhs

Salary of majority employees

25% less than the average AVP Salary in Insurance Companies for 12 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading AVP Salary 13 - 20 years exp. (4 salaries)	₹16 L/yr - ₹32 L/yr
Sales & Business Development AVP Salary 15 - 20 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹22.1 L/yr
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UX, Design & Architecture AVP Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹23.6 L/yr - ₹34 L/yr

Last Updated: 22 Jan 2025

Companies similar to Axis Max Life Insurance for AVP

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance AVP Salary 10 - 18 years exp. (27 salaries)	₹13.5 L/yr - ₹32 L/yr 10% less
ICICI Lombard General Insurance Company AVP Salary 11 - 18 years exp. (23 salaries)	₹16 L/yr - ₹39 L/yr 4% more
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HDFC Life AVP Salary 13 - 20 years exp. (23 salaries)	₹22 L/yr - ₹60.5 L/yr 50% more
SBI Life Insurance Company AVP Salary 12 - 18 years exp. (21 salaries)	₹10 L/yr - ₹31 L/yr 13% less
Kotak Mahindara Life Insurance AVP Salary 7 - 22 years exp. (18 salaries)	₹6.6 L/yr - ₹22.5 L/yr 31% less
Reliance Nippon Life Insurance AVP Salary 13 - 20 years exp. (7 salaries)	₹20 L/yr - ₹33 L/yr 5% less
SBI General Insurance AVP Salary 17 - 25 years exp. (6 salaries)	₹20 L/yr - ₹31 L/yr 7% more
Aditya Birla Sun Life Insurance AVP Salary 7 - 14 years exp. (5 salaries)	₹29 L/yr - ₹40.5 L/yr 49% more
Bajaj Allianz General Insurance AVP Salary 18 - 22 years exp. (5 salaries)	₹30 L/yr - ₹40.5 L/yr 54% more
Star Union Dai-ichi Life Insurance AVP Salary 10 - 20 years exp. (5 salaries)	₹23 L/yr - ₹30 L/yr 11% more
MetLife AVP Salary 12 - 20 years exp. (4 salaries)	₹66 L/yr - ₹95 L/yr 258% more
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Aviva Life Insurance India AVP Salary 14 - 22 years exp. (4 salaries)	₹17 L/yr - ₹23 L/yr 18% less
Magma HDI General Insurance AVP Salary 11 - 25 years exp. (4 salaries)	₹27.5 L/yr - ₹42 L/yr 45% more
Bajaj Allianz Life Insurance AVP Salary 14 - 19 years exp. (4 salaries)	₹35 L/yr - ₹38.2 L/yr 68% more
Star Health & Allied Insurance AVP Salary 10 - 17 years exp. (4 salaries)	₹22 L/yr - ₹50 L/yr 87% more
ManipalCigna Health Insurance AVP Salary 13 - 18 years exp. (4 salaries)	₹29 L/yr - ₹35 L/yr 38% more

AVP salary at Axis Max Life Insurance ranges between ₹14.4 Lakhs to ₹40 Lakhs per year for employees with experience between 12 years to 21 years. Salary estimates are based on 22 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance AVP salaries

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹32 L/yr
13 years (AmbitionBox Estimate)	₹16 L/yr - ₹34 L/yr
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14 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹34 L/yr
15+ years (17 salaries)	₹14.4 L/yr - ₹40 L/yr

Similar Designation salaries in Axis Max Life Insurance

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Area Manager Salary

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₹1.05 L/yr - ₹4.3 L/yr

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Center Manager Salary

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Training Manager Salary

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Financial Service Consultant Salary

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Financial Advisor Salary

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₹1 L/yr - ₹8 L/yr

Top skills at Axis Max Life Insurance for AVP

Management Conceptualization Team Management Training Sales Process Financial Services Content Development

Salary related reviews for Axis Max Life Insurance

4.5

Rated by 4 employees for salary & benefits

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

Aadm in Ghaziabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

Salary come on time

Dislikes

...ing is a drama, just photo session. If you want a support just drama of support. They will ask you to invest your salary for different things Go's meeting, Trips, advertising, pamphlet, etc no conveyance for field work. Half of the salary goes in faltu and than after doing 16 hrs 7days a week work they tell that barat main aaya hai.. so it's better you do a labour job of 8 hrs and Get 500 Rs. Per day.

Skill development - Poor

+5 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

Back Office Executive in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 06 Jul 2021

5.0

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.

Salary - Excellent

+4 more

Dislikes

Customer Service Executive in Bikaner

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 24 Sep 2019

5.0

for Salary and Benefits

Likes

Excellent all things

Salary - Excellent

+6 more

Dislikes

Compensation is decent and fast growing, no any work pressure. I have to work 15 to 18 hours straight in a day I have attended claint calls and manage all operation and admin work.

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Axis Max Life Insurance AVP Salary FAQs

What is the salary of AVP at Axis Max Life Insurance ?

The average salary of a AVP at Axis Max Life Insurance in India typically ranges from ₹14.4 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 12 years to 21 years).

The top 10% of AVP at Axis Max Life Insurance earn more than ₹38.6 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. AVP 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 20+ Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a AVP at Axis Max Life Insurance in India typically ranges from ₹1,46,260 to ₹1,51,737 per month. This is based on the average salary range of ₹14.4 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 12 years to 21 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 20+ 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 AVP at Axis Max Life Insurance ?

To be a AVP at Axis Max Life Insurance in india, the key skills required include:

- Management
- Conceptualization
- Team Management
- Training
- Sales Process

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 AVP in India?

MetLife	₹66.0 Lakhs to ₹95.0 Lakhs per year
Star Health & Allied Insurance	₹22.0 Lakhs to ₹50.0 Lakhs per year
Bajaj Allianz Life Insurance	₹35.0 Lakhs to ₹38.2 Lakhs per year
Bajaj Allianz General Insurance	₹30.0 Lakhs to ₹40.5 Lakhs per year
HDFC Life	₹22.0 Lakhs to ₹60.5 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 AVP in companies similar to Axis Max Life Insurance in India?

The salary of a AVP 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:

Aditya Birla Sun Life Insurance	₹29.0 Lakhs to ₹40.5 Lakhs per year
Magma HDI General Insurance	₹27.5 Lakhs to ₹42.0 Lakhs per year
ManipalCigna Health Insurance	₹29.0 Lakhs to ₹35.0 Lakhs per year
Star Union Dai-ichi Life Insurance	₹23.0 Lakhs to ₹30.0 Lakhs per year
SBI General Insurance	₹20.0 Lakhs to ₹31.0 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 AVP at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
12 years	₹9.3 Lakhs to ₹32.0 Lakhs per year
13 years	₹16.0 Lakhs to ₹34.0 Lakhs per year
14 years	₹9.2 Lakhs to ₹34.0 Lakhs per year
15 years	₹14.4 Lakhs to ₹40.0 Lakhs per year

and so on.

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Axis Max Life Insurance AVP Salaries

Axis Max Life Insurance AVP salary in India ranges between ₹14.4 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.