Max Life Insurance Kolkata Branch Manager Salaries by 4 Employees (Updated 2024)

10 - 13 years exp.

₹8.3 Lakhs - ₹10.2 Lakhs

Salary of majority employees

At par with the average Branch Manager Salary in Insurance Companies for 10 - 13 years of experience

Interested in this particular role? 3 job openings

Last Updated: 16 Jan 2024

Companies similar to Max Life Insurance for Branch Manager in Kolkata

Max Life Insurance Branch Manager Salary

10 - 13 years exp. (4 salaries)

₹8.3 L/yr - ₹10.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Manager Salary 8 - 16 years exp. (22 salaries)	₹6.3 L/yr - ₹11.7 L/yr 9% less
Bajaj Allianz Life Insurance Branch Manager Salary 10 - 16 years exp. (4 salaries)	₹5.5 L/yr - ₹9.9 L/yr 18% less
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SBI Life Insurance Company Branch Manager Salary 11 - 20 years exp. (7 salaries)	₹6.5 L/yr - ₹9.9 L/yr 13% less
Tata AIA Life Insurance Branch Manager Salary 8 - 19 years exp. (21 salaries)	₹6.5 L/yr - ₹16 L/yr 21% more	17 job openings
Reliance Nippon Life Insurance Branch Manager Salary 8 - 17 years exp. (31 salaries)	₹4.5 L/yr - ₹10 L/yr 27% less	2 job openings
Care Health Insurance Branch Manager Salary 4 - 16 years exp. (23 salaries)	₹4.2 L/yr - ₹7.5 L/yr 45% less	1 job opening
Cholamandalam MS General Insurance Branch Manager Salary 4 - 14 years exp. (17 salaries)	₹3.5 L/yr - ₹7.4 L/yr 45% less
Kotak Mahindara Life Insurance Branch Manager Salary 6 - 18 years exp. (17 salaries)	₹5 L/yr - ₹12.8 L/yr 9% less
Star Health & Allied Insurance Branch Manager Salary 7 - 17 years exp. (16 salaries)	₹5 L/yr - ₹9 L/yr 28% less	3 job openings
PNB MetLife Branch Manager Salary 11 - 19 years exp. (9 salaries)	₹7.5 L/yr - ₹11 L/yr 3% less
HDFC Ergo General Insurance Branch Manager Salary 9 - 18 years exp. (8 salaries)	₹7 L/yr - ₹12 L/yr 8% less	2 job openings
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Aviva Life Insurance India Branch Manager Salary 9 - 22 years exp. (7 salaries)	₹7 L/yr - ₹12.8 L/yr 1% less
ICICI Lombard General Insurance Company Branch Manager Salary 8 - 12 years exp. (7 salaries)	₹7 L/yr - ₹10 L/yr 16% less	1 job opening
Aditya Birla Sun Life Insurance Branch Manager Salary 5 - 12 years exp. (7 salaries)	₹5.3 L/yr - ₹11 L/yr 13% less
Life Insurance Corporation of India Branch Manager Salary 18 - 31 years exp. (4 salaries)	₹13 L/yr - ₹26 L/yr 74% more
Magma HDI General Insurance Branch Manager Salary 11 - 15 years exp. (3 salaries)	₹6.5 L/yr - ₹9 L/yr 30% less

Branch Manager salary at Max Life Insurance ranges between ₹8.3 Lakhs to ₹10.2 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Branch Manager salaries in Kolkata

Last Updated: 16 Jan 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹18 L/yr
11 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
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12 years (AmbitionBox Estimate)	₹10 L/yr - ₹18.4 L/yr
13 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹18.7 L/yr

Similar Designation salaries in Max Life Insurance

Sales Manager Salary

(94 salaries)

₹2.8 L/yr - ₹5.77 L/yr

Deputy Manager Salary

(57 salaries)

₹3 L/yr - ₹8.4 L/yr

Area Manager Salary

(23 salaries)

₹5.36 L/yr - ₹14.72 L/yr

Cluster Manager Salary

(15 salaries)

₹5.65 L/yr - ₹13.02 L/yr

Chief Manager Salary

(4 salaries)

₹12.7 L/yr - ₹25.36 L/yr

Top skills at Max Life Insurance for Branch Manager

Branch Management Salesforce Customer Service agency Sales Sales Promotion Sales Management Insurance Training Recruitment Supervision Cost Computer Networking Life Training

Salary related reviews for Max Life Insurance

5.0

Rated by 1 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 Kolkata?

Branch Manager salary at Max Life Insurance in Kolkata ranges between ₹8.3 Lakhs to ₹10.2 Lakhs for experience between 10 years to 13 years. According to our estimates it is 4% less than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance Kolkata.

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

The average salary of a Branch Manager at Max Life Insurance is 4% less than the average salary of a Branch Manager in Kolkata. 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, Salesforce, Customer Service, agency and Sales are some of the popular skills required to work as a Branch Manager at Max Life Insurance Kolkata.

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

Life Insurance Corporation of India Branch Manager Salary - ₹13.0 Lakhs to ₹26.0 Lakhs per year
Tata AIA Life Insurance Branch Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year

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

Aviva Life Insurance India Branch Manager Salary - ₹7.0 Lakhs to ₹12.8 Lakhs per year
PNB MetLife Branch Manager Salary - ₹7.5 Lakhs to ₹11.0 Lakhs per year
HDFC Ergo General Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
HDFC Life Branch Manager Salary - ₹6.3 Lakhs to ₹11.7 Lakhs per year
Kotak Mahindara Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹12.8 Lakhs per year

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

The estimated take-home salary of a Branch Manager at Max Life Insurance ranges between ₹73,326 per month to ₹75,221 per month in Kolkata. The take-home salary calculation is based on the average Max Life Insurance Branch Manager salary in India which ranges between ₹8.3 Lakhs to ₹10.2 Lakhs per year for employees with experience between 10 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Max Life Insurance Branch Managers in Kolkata reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Max Life Insurance Branch Manager Salaries in Kolkata

Max Life Insurance Branch Manager salary in Kolkata ranges between ₹8.3 Lakhs to ₹10.2 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.