Max Life Insurance Bancassurance Relationship Manager Salaries by 4 Employees (Updated 2024)

2 - 10 years exp.

₹3.3 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

13% more than the average Bancassurance Relationship Manager Salary in Insurance Companies for 2 - 10 years of experience

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Last Updated: 16 Aug 2024

Companies similar to Max Life Insurance for Bancassurance Relationship Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Bancassurance Relationship Manager Salary 3 - 10 years exp. (9 salaries)	₹2.8 L/yr - ₹5.5 L/yr 4% less
Bajaj Allianz Life Insurance Bancassurance Relationship Manager Salary 2 - 8 years exp. (14 salaries)	₹2.4 L/yr - ₹3.5 L/yr 23% less
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Kotak Mahindara Life Insurance Bancassurance Relationship Manager Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 5% less
Tata AIA Life Insurance Bancassurance Relationship Manager Salary 3 - 7 years exp. (9 salaries)	₹3.5 L/yr - ₹5.7 L/yr 12% more
PNB MetLife Bancassurance Relationship Manager Salary 3 - 7 years exp. (11 salaries)	₹3.2 L/yr - ₹4.3 L/yr 10% less
Star Union Dai-ichi Life Insurance Bancassurance Relationship Manager Salary 0 - 4 years exp. (7 salaries)	₹2.4 L/yr - ₹3.6 L/yr 16% less
Care Health Insurance Bancassurance Relationship Manager Salary 0 - 3 years exp. (6 salaries)	₹2.3 L/yr - ₹3.5 L/yr 29% less
Aviva Life Insurance India Bancassurance Relationship Manager Salary 2 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹4 L/yr 8% less
Bajaj Allianz General Insurance Bancassurance Relationship Manager Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.5 L/yr 22% less
Star Health & Allied Insurance Bancassurance Relationship Manager Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.1 L/yr 21% less
SBI General Insurance Bancassurance Relationship Manager Salary 3 - 11 years exp. (3 salaries)	₹2.4 L/yr - ₹6.3 L/yr 1% less
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Cholamandalam MS General Insurance Bancassurance Relationship Manager Salary 3 - 11 years exp. (3 salaries)	₹3.1 L/yr - ₹4.5 L/yr At par

Bancassurance Relationship Manager salary at Max Life Insurance ranges between ₹3.3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Bancassurance Relationship Manager salaries

Last Updated: 16 Aug 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.5 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.8 L/yr
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4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 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
10 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.5 L/yr

View all

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Salary related reviews for Max Life Insurance

5.0

Rated by 1 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.

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.

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.

Financial Sales Manager in South Kolkata

Full Time

Sales & Business Development Department

4.0

• posted on 27 Oct 2023

4.0

for Salary and Benefits

Likes

Training only.

Dislikes

...s are not coming Branch and dont meet Branch head or bsm /Ssm... Big politics . Salary hike is very nominal hike.!!.

Deputy Cluster Manager in Ajmer

BFSI, Investments & Trading Department

5.0

• posted on 21 May 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture, and it's best organisation to build soft skill and management is very supportive.

Dislikes

Company expectation is very high and compensation & benefits are lesser than according to this

see more salary related reviews

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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 Bancassurance Relationship Manager Salary FAQs

What is the salary of Bancassurance Relationship Manager at Max Life Insurance?

Bancassurance Relationship Manager salary at Max Life Insurance in India ranges between ₹3.3 Lakhs to ₹5.5 Lakhs for experience between 2 years to 10 years. According to our estimates it is 13% more than the average Bancassurance Relationship Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Bancassurance Relationship Manager at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Bancassurance Relationship Manager at Max Life Insurance is 13% more than the average salary of a Bancassurance Relationship Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance to a Bancassurance Relationship Manager in India?

Tata AIA Life Insurance Bancassurance Relationship Manager Salary - ₹3.5 Lakhs to ₹5.7 Lakhs per year

What is the salary of a Bancassurance Relationship Manager in companies similar to Max Life Insurance in India?

Cholamandalam MS General Insurance Bancassurance Relationship Manager Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year
SBI General Insurance Bancassurance Relationship Manager Salary - ₹2.4 Lakhs to ₹6.3 Lakhs per year
HDFC Life Bancassurance Relationship Manager Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year
Kotak Mahindara Life Insurance Bancassurance Relationship Manager Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Aviva Life Insurance India Bancassurance Relationship Manager Salary - ₹3.5 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Bancassurance Relationship Manager at Max Life Insurance in India?

The estimated take-home salary of a Bancassurance Relationship Manager at Max Life Insurance ranges between ₹29,010 per month to ₹30,389 per month in India. The take-home salary calculation is based on the average Max Life Insurance Bancassurance Relationship Manager salary in India which ranges between ₹3.3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Bancassurance Relationship Manager at Max Life Insurance?

According to AmbitionBox, 56% of the Max Life Insurance Bancassurance Relationship Managers reported a notice period of 1 Month, 44% reported a notice period of 2 Months.This is based on 16 responses on AmbitionBox in last 2 years.

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Max Life Insurance Bancassurance Relationship Manager Salaries

Max Life Insurance Bancassurance Relationship Manager salary in India ranges between ₹3.3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Max Life Insurance latest salaries received from various employees of Max Life Insurance.