Max Life Insurance Branch Manager Salaries by 100+ Employees (Updated 2024)

6 - 17 years exp.

₹6.4 Lakhs - ₹14 Lakhs

Salary of majority employees

10% more than the average Branch Manager Salary in Insurance Companies for 6 - 17 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 6 - 16 years exp. (57 salaries)	₹6.4 L/yr - ₹13.1 L/yr
Sales & Business Development Branch Manager Salary 7 - 17 years exp. (48 salaries)	₹7.3 L/yr - ₹14 L/yr
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Marketing & Communication Branch Manager Salary 6 - 14 years exp. (12 salaries)	₹7 L/yr - ₹12 L/yr
Finance & Accounting Branch Manager Salary 9 - 16 years exp. (4 salaries)	₹7 L/yr - ₹12.1 L/yr

Last Updated: 13 Dec 2024

Companies similar to Max Life Insurance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Manager Salary 8 - 17 years exp. (247 salaries)	₹5.5 L/yr - ₹12.5 L/yr 7% less
ICICI Prudential Life Insurance Branch Manager Salary 7 - 18 years exp. (242 salaries)	₹6.3 L/yr - ₹18 L/yr 22% more
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Bajaj Allianz Life Insurance Branch Manager Salary 7 - 20 years exp. (136 salaries)	₹4.5 L/yr - ₹12.9 L/yr 17% less
SBI Life Insurance Company Branch Manager Salary 7 - 21 years exp. (166 salaries)	₹6.5 L/yr - ₹15 L/yr At par
Tata AIA Life Insurance Branch Manager Salary 9 - 19 years exp. (89 salaries)	₹5 L/yr - ₹16 L/yr 16% more	28 job openings
Cholamandalam MS General Insurance Branch Manager Salary 4 - 15 years exp. (242 salaries)	₹2.9 L/yr - ₹8 L/yr 45% less
HDFC Ergo General Insurance Branch Manager Salary 8 - 18 years exp. (213 salaries)	₹4.7 L/yr - ₹14 L/yr 11% less	2 job openings
ICICI Lombard General Insurance Company Branch Manager Salary 5 - 17 years exp. (195 salaries)	₹5.5 L/yr - ₹13 L/yr 10% less	1 job opening
Kotak Mahindara Life Insurance Branch Manager Salary 3 - 17 years exp. (208 salaries)	₹4.5 L/yr - ₹13 L/yr 13% less
Reliance Nippon Life Insurance Branch Manager Salary 8 - 18 years exp. (190 salaries)	₹3.8 L/yr - ₹10.7 L/yr 25% less	2 job openings
Care Health Insurance Branch Manager Salary 3 - 17 years exp. (159 salaries)	₹4 L/yr - ₹8.1 L/yr 43% less
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Star Health & Allied Insurance Branch Manager Salary 6 - 17 years exp. (239 salaries)	₹3.6 L/yr - ₹12 L/yr 26% less	3 job openings
Aditya Birla Sun Life Insurance Branch Manager Salary 5 - 14 years exp. (127 salaries)	₹4.5 L/yr - ₹12 L/yr 11% less
Shriram Life Insurance Branch Manager Salary 6 - 14 years exp. (67 salaries)	₹3 L/yr - ₹10 L/yr 42% less	1 job opening
PNB MetLife Branch Manager Salary 7 - 19 years exp. (54 salaries)	₹6 L/yr - ₹14 L/yr 4% less
Star Union Dai-ichi Life Insurance Branch Manager Salary 7 - 18 years exp. (47 salaries)	₹5.5 L/yr - ₹11.5 L/yr 11% less
Aviva Life Insurance India Branch Manager Salary 7 - 22 years exp. (41 salaries)	₹6.5 L/yr - ₹15 L/yr 3% more
ManipalCigna Health Insurance Branch Manager Salary 7 - 15 years exp. (38 salaries)	₹4.8 L/yr - ₹10 L/yr 23% less
Royal Sundaram General Insurance Branch Manager Salary 8 - 17 years exp. (22 salaries)	₹5.5 L/yr - ₹11 L/yr 20% less
Life Insurance Corporation of India Branch Manager Salary 9 - 31 years exp. (18 salaries)	₹7.6 L/yr - ₹28 L/yr 69% more

View all

Branch Manager salary at Max Life Insurance ranges between ₹6.4 Lakhs to ₹14 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 141 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Branch Manager salaries

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
6 years (6 salaries)	₹6.4 L/yr - ₹10 L/yr
7 years (4 salaries)	₹8 L/yr - ₹10.3 L/yr
Login to view exact salary
8 years (9 salaries)	₹7.3 L/yr - ₹11 L/yr
9 years (19 salaries)	₹7 L/yr - ₹11 L/yr
10 years (14 salaries)	₹7.3 L/yr - ₹12 L/yr
11 years (16 salaries)	₹8 L/yr - ₹12 L/yr
12 years (12 salaries)	₹7.5 L/yr - ₹13 L/yr
13 years (16 salaries)	₹8 L/yr - ₹12.7 L/yr
14 years (12 salaries)	₹7 L/yr - ₹12.7 L/yr
15+ years (33 salaries)	₹7.5 L/yr - ₹14 L/yr

View all

Similar Designation salaries in Max Life Insurance

Area Manager Salary

(292 salaries)

₹4.2 L/yr - ₹14.1 L/yr

Sales Manager Salary

(677 salaries)

₹2.25 L/yr - ₹6.5 L/yr

Branch Incharge Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Branch Head Salary

(25 salaries)

₹9 L/yr - ₹14.5 L/yr

Deputy Manager Salary

(695 salaries)

₹2.4 L/yr - ₹9 L/yr

Chief Manager Salary

(188 salaries)

₹10 L/yr - ₹41.74 L/yr

Branch Sales Manager Salary

(5 salaries)

₹2.04 L/yr - ₹10.5 L/yr

Senior Branch Manager Salary

(12 salaries)

₹9 L/yr - ₹11.5 L/yr

Deputy Branch Manager Salary

(5 salaries)

₹1 L/yr - ₹10 L/yr

Cluster Manager Salary

(106 salaries)

₹5.1 L/yr - ₹13.86 L/yr

Top skills at Max Life Insurance for Branch Manager

Branch Management agency Sales Customer Service Salesforce Insurance Sales Promotion Sales Management Cost Training Computer Networking Life Training Auditing Performance Review

Salary related reviews for Max Life Insurance

4.2

Rated by 40 employees for salary & benefits

Branch Manager

Sales BD Department

5.0

• posted on 21 Dec 2018

5.0

for Salary and Benefits

Likes

It was very nice expierence to work with Max,very good teammates, nice growth appraisal excellent good salary Yes there is politics ay higher level high mode learning as per industry standards. It was turning point of my life.

Dislikes

Nothing Nothing Nothing

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.

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.

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0

• posted on 12 Apr 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.

Dislikes

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Salary Discussions, Hike & Promotions

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 Branch Manager Salary FAQs

What is the salary of Branch Manager at Max Life Insurance?

Branch Manager salary at Max Life Insurance in India ranges between ₹6.4 Lakhs to ₹14.0 Lakhs for experience between 6 years to 17 years. According to our estimates it is 10% more than the average Branch Manager Salary in India. Salary estimates are based on 141 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Branch Manager at Max Life Insurance is 10% more than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

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

Branch Management, agency, Sales, Customer Service and Salesforce are some of the popular skills required to work as a Branch Manager at Max Life Insurance India.

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

Life Insurance Corporation of India Branch Manager Salary - ₹7.6 Lakhs to ₹28.0 Lakhs per year
The New India Assurance Co. Branch Manager Salary - ₹8.0 Lakhs to ₹18.5 Lakhs per year
United India Insurance Company Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
The Oriental Insurance Co. Branch Manager Salary - ₹11.2 Lakhs to ₹12.9 Lakhs per year
ICICI Prudential Life Insurance Branch Manager Salary - ₹6.3 Lakhs to ₹18.0 Lakhs per year

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

Tata AIA Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Aviva Life Insurance India Branch Manager Salary - ₹6.5 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company Branch Manager Salary - ₹6.5 Lakhs to ₹15.0 Lakhs per year
PNB MetLife Branch Manager Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year
HDFC Life Branch Manager Salary - ₹5.5 Lakhs to ₹12.5 Lakhs per year

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

The estimated take-home salary of a Branch Manager at Max Life Insurance ranges between ₹72,567 per month to ₹74,440 per month in India. The take-home salary calculation is based on the average Max Life Insurance Branch Manager salary in India which ranges between ₹6.4 Lakhs to ₹14.0 Lakhs per year for employees with experience between 6 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 35% of the Max Life Insurance Branch Managers reported a notice period of 3 Months, 30% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 114 responses on AmbitionBox in last 2 years.

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Max Life Insurance Branch Manager Salaries

Max Life Insurance Branch Manager salary in India ranges between ₹6.4 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 141 Max Life Insurance latest salaries received from various employees of Max Life Insurance.

Max Life Insurance Branch Manager salaries in India

Companies similar to Max Life Insurance for Branch Manager

Latest annual salaries shared by Max Life Insurance Branch Manager

Experience wise Max Life Insurance Branch Manager salaries

Similar Designation salaries in Max Life Insurance

Top skills at Max Life Insurance for Branch Manager

Salary related reviews for Max Life Insurance

Branch Manager

Deputy Manager in Kolkata

Sales Manager in New Delhi

Business Development Manager in Meerut

Business Development Manager in Tirunelveli

Max Life Insurance Branch Manager Salary FAQs

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Max Life Insurance Branch Manager Salaries by Location