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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.
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Annual salary range
9 - 18 years exp.
₹7.3
Lakhs - ₹12.5
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryAt par with the average Branch Manager Salary in Insurance Companies for 9 - 18 years of experience
Interested in this particular role? 1 job opening
Salaries in different departments
BFSI, Investments & Trading
Branch Manager Salary
9 - 16
years
exp.
(6
salaries)
|  ₹7.3 L/yr - ₹11 L/yr |
Login to view exact salary
| |
Sales & Business Development
Branch Manager Salary
9 - 15
years
exp.
(3
salaries)
| ₹9.5 L/yr - ₹12 L/yr |
Companies similar to Max Life Insurance for Branch Manager in Mumbai
Max Life Insurance
Branch Manager Salary
9 - 18 years exp. (11 salaries) |  ₹7.3 L/yr - ₹12.5 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Branch Manager Salary
7 - 16 years exp. (30 salaries) | ₹5.5 L/yr - ₹12.5 L/yr 
15%
less | |
 ICICI Prudential Life Insurance Branch Manager Salary
6 - 17 years exp. (38 salaries) | ₹9.8 L/yr - ₹18 L/yr 
20%
more | |
Login to view exact salary
| ||
 Bajaj Allianz Life Insurance Branch Manager Salary
7 - 14 years exp. (14 salaries) | ₹5.1 L/yr - ₹12 L/yr
20%
less | |
 SBI Life Insurance Company Branch Manager Salary
7 - 14 years exp. (7 salaries) | ₹8 L/yr - ₹11.2 L/yr
6%
more | |
 Tata AIA Life Insurance Branch Manager Salary
10 - 19 years exp. (14 salaries) | ₹8.2 L/yr - ₹15.5 L/yr
17%
more | 21 job openings |
 Care Health Insurance Branch Manager Salary
5 - 17 years exp. (36 salaries) | ₹4 L/yr - ₹8 L/yr
45%
less | 1 job opening |
 Kotak Mahindara Life Insurance Branch Manager Salary
3 - 17 years exp. (18 salaries) | ₹6 L/yr - ₹11 L/yr
11%
less | |
 Star Health & Allied Insurance Branch Manager Salary
8 - 18 years exp. (12 salaries) | ₹6.5 L/yr - ₹10.2 L/yr
17%
less | |
 HDFC Ergo General Insurance Branch Manager Salary
9 - 16 years exp. (9 salaries) | ₹6 L/yr - ₹10.5 L/yr
13%
less | |
 ICICI Lombard General Insurance Company Branch Manager Salary
6 - 14 years exp. (9 salaries) | ₹5.3 L/yr - ₹12 L/yr
15%
less | 7 job openings |
 Cholamandalam MS General Insurance Branch Manager Salary
4 - 10 years exp. (7 salaries) | ₹3.5 L/yr - ₹7 L/yr
47%
less | |
Login to view exact salary
| ||
 ManipalCigna Health Insurance Branch Manager Salary
8 - 11 years exp. (4 salaries) | ₹5.4 L/yr - ₹8.8 L/yr
19%
less | |
 Life Insurance Corporation of India Branch Manager Salary
12 - 16 years exp. (3 salaries) | ₹11.2 L/yr - ₹24 L/yr
40%
more | |
 Bajaj Allianz General Insurance Branch Manager Salary
7 - 12 years exp. (3 salaries) | ₹5.5 L/yr - ₹7.3 L/yr
38%
less | |
 PNB MetLife Branch Manager Salary
12 - 18 years exp. (3 salaries) | ₹9.4 L/yr - ₹12.5 L/yr
5%
less | 1 job opening |
Branch Manager salary at Max Life Insurance ranges between ₹7.3
Lakhs
to ₹12.5
Lakhs
per year for employees with experience between 9 years to 18 years. Salary
estimates are based on
11 latest salaries received
from various employees of Max Life Insurance.
Latest annual salaries shared by Max Life Insurance Branch Manager in Mumbai
6mo ago
15
years
exp.
1y ago
13
years
exp.
1y ago
15
years
exp.
1y ago
9
years
exp.
1y ago
18
years
exp.
1y ago
9
years
exp.
1y ago
9
years
exp.
1y ago
15
years
exp.
1y ago
9
years
exp.
1y ago
10
years
exp.
Experience wise Max Life Insurance Branch Manager salaries in Mumbai
Last Updated: 17 Jul 2024
| Experience | Avg Annual Salary |
|---|---|
| 9 years (4 salaries) |
₹7.3
L/yr
- ₹11
L/yr
|
| 10 years (AmbitionBox Estimate) |
₹8.5
L/yr
- ₹18.2
L/yr
|
Login to view exact salary
| |
| 11 years (AmbitionBox Estimate) |
₹9.2
L/yr
- ₹11.7
L/yr
|
| 12 years (AmbitionBox Estimate) |
₹9.3
L/yr
- ₹11.9
L/yr
|
| 13 years (AmbitionBox Estimate) |
₹9.5
L/yr
- ₹18.8
L/yr
|
View all
Similar Designation salaries in Max Life Insurance
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
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Max Life Insurance Branch Manager Salary FAQs
What is the salary of Branch Manager at Max Life Insurance Mumbai?
Branch Manager salary at Max Life Insurance in Mumbai ranges between ₹7.3 Lakhs to ₹12.5 Lakhs for experience between 9 years to 18 years. According to our estimates it is 4% less than the average Branch Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Max Life Insurance Mumbai.
How does the salary of a Branch Manager at Max Life Insurance Mumbai 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 Mumbai. 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 Mumbai.
Which similar companies are paying more than Max Life Insurance to a Branch Manager in Mumbai?
- Life Insurance Corporation of India Branch Manager Salary - ₹11.2 Lakhs to ₹24.0 Lakhs per year
- ICICI Prudential Life Insurance Branch Manager Salary - ₹9.8 Lakhs to ₹18.0 Lakhs per year
- Tata AIA Life Insurance Branch Manager Salary - ₹8.2 Lakhs to ₹15.5 Lakhs per year
- SBI Life Insurance Company Branch Manager Salary - ₹8.0 Lakhs to ₹11.2 Lakhs per year
What is the salary of a Branch Manager in companies similar to Max Life Insurance in Mumbai?
- PNB MetLife Branch Manager Salary - ₹9.4 Lakhs to ₹12.5 Lakhs per year
- Kotak Mahindara Life Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
- HDFC Ergo General Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹10.5 Lakhs per year
- HDFC Life Branch Manager Salary - ₹5.5 Lakhs to ₹12.5 Lakhs per year
- ICICI Lombard General Insurance Company Branch Manager Salary - ₹5.3 Lakhs to ₹12.0 Lakhs per year
What is the estimated take home salary of a Branch Manager at Max Life Insurance in Mumbai?
The estimated take-home salary of a Branch Manager at Max Life Insurance ranges between ₹74,421 per month to ₹76,346 per month in Mumbai. The take-home salary calculation is based on the average Max Life Insurance Branch Manager salary in India which ranges between ₹7.3 Lakhs to ₹12.5 Lakhs per year for employees with experience between 9 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Max Life Insurance in Mumbai?
According to AmbitionBox, 50% of the Max Life Insurance Branch Managers in Mumbai reported a notice period of 2 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.
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Max Life Insurance Branch Manager salary
in
Mumbai
ranges between ₹7.3
Lakhs to ₹12.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
11
Max Life Insurance latest salaries received from various employees of
Max Life Insurance.