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4.1

based on 5.1k Reviews

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Max Life Insurance Business Development salaries in India

Annual salary range
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₹0.3 Lakh - ₹6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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55% less than the average Business Development Salary in Insurance Companies for 3 years of experience

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Last Updated: 23 Jun 2022

Companies similar to Max Life Insurance for Business Development

Company name Avg Annual Salary Open Jobs
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ICICI Prudential Life Insurance Business Development Salary

1 year exp. (3 salaries)
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₹3.4 L/yr - ₹4.3 L/yr

arrow icon 26% more
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HDFC Life Business Development Salary

1 - 12 years exp. (9 salaries)
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₹2.8 L/yr - ₹5 L/yr

arrow icon 18% more
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SBI Life Insurance Company Business Development Salary

0 - 4 years exp. (6 salaries)
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₹2.4 L/yr - ₹4.6 L/yr

arrow icon 11% more
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Bajaj Allianz Life Insurance Business Development Salary

1 year exp. (4 salaries)
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₹3.8 L/yr - ₹5.3 L/yr

arrow icon 56% more
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Kotak Mahindara Life Insurance Business Development Salary

15 years exp. (4 salaries)
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₹3.5 L/yr - ₹21 L/yr

arrow icon 162% more
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ICICI Lombard General Insurance Company Business Development Salary

1 - 10 years exp. (4 salaries)
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₹5.5 L/yr - ₹24 L/yr

arrow icon 380% more
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Star Union Dai-ichi Life Insurance Business Development Salary

1 - 6 years exp. (4 salaries)
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₹3 L/yr - ₹4 L/yr

arrow icon 8% more
Business Development salary at Max Life Insurance ranges between ₹0.3 Lakh to ₹6 Lakhs per year for employees with 3 years of experience. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Business Development salaries

Last Updated: 23 Jun 2022

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

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Salary related reviews for Max Life Insurance

5.0

Rated by 2 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.

read more

Agency Development Manager in New Delhi

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 09 Aug 2023
4.0
 for  Salary and Benefits

Likes

Salary is good

Dislikes

Lack of training, harrasment candidate for work , lack of field help , managers are not supportive they just bark but don't motivate agency manager at every hour . Mentally torture the candidate for work and pressurized day night equally, call anytime without thinking it's an off or weak day holiday. Never think about personal life also the manager are shameless because they trespass their manager homes without intimation and do misbehave with everyone in office. The management is not good so do not join max life

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Agency Development Manager in New Delhi

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 16 Sep 2023
5.0
 for  Salary and Benefits

Likes

Pay and perk is good. Promotion opportunities are really good.

Dislikes

No support from Seniors. No discipline, only they need result even if you are new. They will start poking you and also not ready to support you.

read more

Agency Development Manager in Pune

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 30 Nov 2022
1.0
 for  Salary and Benefits

Likes

Good Local management, training program also good.

Dislikes

Fake commitment from hr department before joining about in hand salary, After joining totally different in hand salary coming. When I talk zonal hr she is not giving a proper solution. Also they are sending employees for field work but they are not paying petrol expenses to employees. Means you have not earn anything in your take home salary hike. Hr department is to much confused and roude. Saturday Sunday working. Also daily 9.30 to 8.00 timing average. Means no work life balance. Also you can develop advisor from your own contact and relations. Company don't have any data.

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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.

read more
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a technical project manager
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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 Business Development Salary FAQs

What is the salary of Business Development at Max Life Insurance?
Business Development salary at Max Life Insurance in India ranges between ₹0.3 Lakhs to ₹6.0 Lakhs for 3 years of experience. According to our estimates it is 55% less than the average Business Development 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 Business Development at Max Life Insurance India compare with the average salary range for this job?
The average salary of a Business Development at Max Life Insurance is 55% less than the average salary of a Business Development in India. To know exact salary insights, login to view.
Which similar companies are paying more than Max Life Insurance to a Business Development in India?
  • ICICI Lombard General Insurance Company Business Development Salary - ₹5.5 Lakhs to ₹24.0 Lakhs per year
  • Kotak Mahindara Life Insurance Business Development Salary - ₹3.5 Lakhs to ₹21.0 Lakhs per year
  • Bajaj Allianz Life Insurance Business Development Salary - ₹3.8 Lakhs to ₹5.3 Lakhs per year
  • ICICI Prudential Life Insurance Business Development Salary - ₹3.4 Lakhs to ₹4.3 Lakhs per year
  • HDFC Life Business Development Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Business Development in companies similar to Max Life Insurance in India?
  • SBI Life Insurance Company Business Development Salary - ₹2.4 Lakhs to ₹4.6 Lakhs per year
  • Star Union Dai-ichi Life Insurance Business Development Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Business Development at Max Life Insurance in India?
The estimated take-home salary of a Business Development at Max Life Insurance ranges between ₹22,060 per month to ₹23,543 per month in India. The take-home salary calculation is based on the average Max Life Insurance Business Development salary in India which ranges between ₹0.3 Lakhs to ₹6.0 Lakhs per year for employees with 3 years of experience. Check how did we calculate take home salary?

Tell us how to improve this page.

Max Life Insurance Business Development salary in India ranges between ₹0.3 Lakh to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Max Life Insurance latest salaries received from various employees of Max Life Insurance.