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Axis Max Life Insurance Business Development Executive salaries in India (Updated 2025)

Annual salary range
0 - 7 years exp.
₹2.7 Lakhs - ₹5 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.
Avg. annual salary
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Monthly In-hand Salary

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17% less than the average Business Development Executive Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

Administration & Facilities
Business Development Executive Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.1 L/yr

BFSI, Investments & Trading
Business Development Executive Salary
Fresher (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.2 L/yr

Sales & Business Development
Business Development Executive Salary
7 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.5 L/yr

Last Updated: 7 Jan 2025

Companies similar to Axis Max Life Insurance for Business Development Executive

Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹6.9 L/yr

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₹1.4 L/yr - ₹4 L/yr

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₹2.4 L/yr - ₹4.1 L/yr

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₹1.2 L/yr - ₹4.7 L/yr

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₹1.8 L/yr - ₹4.5 L/yr

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₹1.8 L/yr - ₹4.8 L/yr

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₹1.8 L/yr - ₹3 L/yr

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₹2.4 L/yr - ₹3.6 L/yr

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₹2 L/yr - ₹3.8 L/yr

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₹2 L/yr - ₹6.2 L/yr

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₹2 L/yr - ₹6 L/yr

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₹2 L/yr - ₹3.1 L/yr

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₹8.1 L/yr - ₹12.5 L/yr

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₹2 L/yr - ₹3.5 L/yr

At par
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₹1.2 L/yr - ₹13.8 L/yr

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Business Development Executive salary at Axis Max Life Insurance ranges between ₹2.7 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Axis Max Life Insurance.

Latest annual salaries shared by Axis Max Life Insurance Business Development Executive

1w ago
₹3.5 Lakhs
7 years exp.
1y ago
₹2.8 Lakhs
4 years exp.
1y ago
₹2.7 Lakhs
2 years exp.
1y ago
₹2.8 Lakhs
3 years exp.

Experience wise Axis Max Life Insurance Business Development Executive salaries

Last Updated: 7 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.2 L/yr - ₹5.9 L/yr
1 year (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹5.9 L/yr
View all

Similar Designation salaries in Axis Max Life Insurance

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₹4.7 L/yr - ₹6 L/yr
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₹1.2 L/yr - ₹3.5 L/yr
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₹3.5 L/yr - ₹4.9 L/yr
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₹2.2 L/yr - ₹8 L/yr
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(AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.5 L/yr
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(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
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₹4.8 L/yr - ₹6.1 L/yr
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₹2.4 L/yr - ₹4 L/yr
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₹2.3 L/yr - ₹4.8 L/yr
Sales Executive Salary
(78 salaries)
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₹1.75 L/yr - ₹5.5 L/yr

Salary related reviews for Axis Max Life Insurance

3.7

Rated by 3 employees for salary & benefits

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
  • Salary - Poor
  • +6 more

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.

read more

Dislikes

  • Salary - Bad
  • Job security - Bad
  • +4 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No

Operations team Department

4.0
  •  posted on 26 Sep 2017

3.0
 for  Salary and Benefits

Likes

My teammates of banca channel that includes training team,operation team ,sales team all were cooperative,i got a very comfortable environment over there and want to work in furure as well.. company give opportunities to earn good amount of money and even tours by arranging contest..

read more
  • Skill development - Excellent
  • +3 more

Dislikes

They dont concern about backend team,company is more concerned about sales team and they dont even pay attention on salary hikes thats backend team deserves..

read more

BFSI, Investments & Trading Department

4.0
  •  posted on 21 Sep 2019

4.0
 for  Salary and Benefits

Likes

Its a good company to work with and a good pay master but unfortunately hardly give time for family.

read more
  • Salary - Good
  • +4 more

Dislikes

They dont give time for family. Although they keep saying good things to devote time with family but they dont let you spend time. Worked even 7 days a week till 2:30 A.M

read more
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Axis Max Life Insurance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Axis Max Life Insurance ?
The average salary of a Business Development Executive at Axis Max Life Insurance in India typically ranges from ₹2.7 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Business Development Executive at Axis Max Life Insurance earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Business Development Executive Salaries at Axis Max Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Axis Max Life Insurance employees in India.
What is the estimated take home salary of a Business Development Executive at Axis Max Life Insurance in India?
The estimated take-home salary of a Business Development Executive at Axis Max Life Insurance in India typically ranges from ₹23,666 to ₹25,124 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Axis Max Life Insurance for Business Development Executive in India?
The New India Assurance Co. ₹8.1 Lakhs to ₹12.5 Lakhs per year
The Oriental Insurance Co. ₹1.2 Lakhs to ₹13.8 Lakhs per year
ICICI Lombard General Insurance Company ₹2.5 Lakhs to ₹6.9 Lakhs per year
ICICI Prudential Life Insurance ₹2.4 Lakhs to ₹6.0 Lakhs per year
MetLife ₹2.0 Lakhs to ₹6.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.
What is the salary of a Business Development Executive in companies similar to Axis Max Life Insurance in India?
The salary of a Business Development Executive at companies similar to Axis Max Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance ₹2.4 Lakhs to ₹4.1 Lakhs per year
Star Union Dai-ichi Life Insurance ₹2.4 Lakhs to ₹3.6 Lakhs per year
Kotak Mahindara Life Insurance ₹1.2 Lakhs to ₹4.7 Lakhs per year
SBI Life Insurance Company ₹2.0 Lakhs to ₹4.7 Lakhs per year
Cholamandalam MS General Insurance ₹2.0 Lakhs to ₹3.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Business Development Executive at Axis Max Life Insurance in India?
The salary growth for a Business Development Executive at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Business Development Executive can expect the following growth trajectory at Axis Max Life Insurance:

Experience Average Salary Range
Fresher ₹3.2 Lakhs to ₹5.9 Lakhs per year
1 year ₹2.9 Lakhs to ₹3.7 Lakhs per year
2 years ₹2.7 Lakhs to ₹5.0 Lakhs per year
3 years ₹2.8 Lakhs to ₹3.9 Lakhs per year
and so on.

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Axis Max Life Insurance Business Development Executive salary in India ranges between ₹2.7 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.