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Business Development Manager salary at Axis Max Life Insurance ranges between ₹2
Lakhs
to ₹7.3
Lakhs
per year for employees with experience between 2 years to 11 years. Salary
estimates are based on
209 latest salaries received
from various employees of Axis Max Life Insurance.
Experience wise Axis Max Life Insurance Business Development Manager salaries
Last Updated: 24 Mar 2025
Experience | Avg Annual Salary |
---|---|
2 years (15 salaries) |
₹2.2
L/yr
- ₹5.6
L/yr
|
3 years (19 salaries) |
₹2
L/yr
- ₹6
L/yr
|
Login to view exact salary
| |
4 years (28 salaries) |
₹3
L/yr
- ₹5.5
L/yr
|
5 years (27 salaries) |
₹3.5
L/yr
- ₹6.5
L/yr
|
6 years (25 salaries) |
₹3
L/yr
- ₹6.8
L/yr
|
View all
Similar Designation salaries in Axis Max Life Insurance
Top skills at Axis Max Life Insurance for Business Development Manager
Recruitment
Management
Sales Promotion
Networking
IRDA
Monitoring
Relationship Building
IRDA
Team Development
Recruitment
Relationship Building
CCTV Monitoring
Sales Promotion
Team Development
Computer Networking
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2w
a manager - business analyst

Shifting from Bangalore to Hyderabad
I’m working in Bangalore for last 9 years. Currently I got 2 offers.
1. CTS - Bangalore (CTC - 22.7 LPA)
2. Deloitte - Hyderabad (CTC - 24.2 LPA)
Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ?
Please share your thoughts
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Axis Max Life Insurance Business Development Manager Salary FAQs
What is the salary of Business Development Manager at Axis Max Life Insurance ?
The average salary of a Business Development Manager at Axis Max Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹7.3 Lakhs per year, depending on experience (from 2 years to 11 years).
The top 10% of Business Development Manager at Axis Max Life Insurance earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Business Development Manager 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 200+ Axis Max Life Insurance employees in India.
The top 10% of Business Development Manager at Axis Max Life Insurance earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Business Development Manager 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 200+ Axis Max Life Insurance employees in India.
What is the estimated take home salary of a Business Development Manager at Axis Max Life Insurance in India?
The estimated take-home salary of a Business Development Manager at Axis Max Life Insurance in India typically ranges from ₹39,532 to ₹40,704 per month. This is based on the average salary range of
₹2.0 Lakhs to ₹7.3 Lakhs
per year for employees with experience ranging from 2 years to 11 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 200+ salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Development Manager at Axis Max Life Insurance ?
To be a Business Development Manager at Axis Max Life Insurance in india, the key skills required include:
These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.
- - Recruitment
- - Management
- - Sales Promotion
- - Networking
- - IRDA
These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Axis Max Life Insurance for Business Development Manager in India?
The Oriental Insurance Co. | ₹11.4 Lakhs to ₹24.6 Lakhs per year |
Gallagher | ₹10.0 Lakhs to ₹10.8 Lakhs per year |
Magma HDI General Insurance | ₹9.0 Lakhs to ₹13.6 Lakhs per year |
Cholamandalam MS General Insurance | ₹2.8 Lakhs to ₹13.0 Lakhs per year |
Kotak Mahindara Life Insurance | ₹2.0 Lakhs to ₹10.3 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 Manager in companies similar to Axis Max Life Insurance in India?
The salary of a Business Development Manager 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:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
Bajaj Allianz General Insurance | ₹3.5 Lakhs to ₹7.0 Lakhs per year |
SBI Life Insurance Company | ₹1.9 Lakhs to ₹7.0 Lakhs per year |
Star Union Dai-ichi Life Insurance | ₹2.3 Lakhs to ₹9.0 Lakhs per year |
Bajaj Allianz Life Insurance | ₹3.2 Lakhs to ₹6.0 Lakhs per year |
HDFC Ergo General Insurance | ₹2.7 Lakhs to ₹5.4 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 Manager at Axis Max Life Insurance in India?
The salary growth for a Business Development Manager at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Axis Max Life Insurance:
and so on.
Experience | Average Salary Range |
---|---|
2 years | ₹2.2 Lakhs to ₹5.6 Lakhs per year |
3 years | ₹2.0 Lakhs to ₹6.0 Lakhs per year |
4 years | ₹3.0 Lakhs to ₹5.5 Lakhs per year |
5 years | ₹3.5 Lakhs to ₹6.5 Lakhs per year |
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Axis Max Life Insurance Business Development Manager Salaries by Location
- Axis Max Life Insurance Business Development Manager salaries in Mumbai
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Axis Max Life Insurance Business Development Manager salary
in
India
ranges between ₹2
Lakhs to ₹7.3
Lakhs with an average annual salary of
₹. Salary estimates are based on
209
Axis Max Life Insurance latest salaries received from various employees of
Axis Max Life Insurance.