Axis Max Life Insurance Business Strategy Manager Salaries by 4 Employees (Updated 2025)

4 - 8 years exp.

₹12.1 Lakhs - ₹32 Lakhs

Low Confidence

Salary of majority employees

At par with the average Business Strategy Manager Salary in Insurance Companies for 4 - 8 years of experience

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Last Updated: 15 Feb 2025

Companies similar to Axis Max Life Insurance for Business Strategy Manager

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Business Strategy Manager Salary 6 - 8 years exp. (5 salaries)	₹12 L/yr - ₹15 L/yr 45% less
Aditya Birla Sun Life Insurance Business Strategy Manager Salary 1 - 5 years exp. (4 salaries)	₹6.9 L/yr - ₹12.5 L/yr 62% less
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ICICI Prudential Life Insurance Business Strategy Manager Salary 1 - 5 years exp. (3 salaries)	₹12 L/yr - ₹18 L/yr 41% less
Merkle Sokrati Business Strategy Manager Salary 1 - 5 years exp. (91 salaries)	₹7.5 L/yr - ₹14 L/yr 60% less
Accenture Business Strategy Manager Salary 6 - 13 years exp. (65 salaries)	₹31.8 L/yr - ₹72 L/yr 112% more

Business Strategy Manager salary at Axis Max Life Insurance ranges between ₹12.1 Lakhs to ₹32 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Business Strategy Manager salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹25 L/yr
5 years (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.2 L/yr
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6 years (AmbitionBox Estimate)	₹22.9 L/yr - ₹29.3 L/yr
7 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹32 L/yr
8 years (AmbitionBox Estimate)	₹32 L/yr - ₹32 L/yr

Similar Designation salaries in Axis Max Life Insurance

Senior Strategy Manager Salary

(AmbitionBox Estimate)

₹14 L/yr - ₹17.9 L/yr

General Manager Salary

(AmbitionBox Estimate)

₹25.1 L/yr - ₹32.1 L/yr

Operations Manager Salary

(49 salaries)

₹2.15 L/yr - ₹11 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Senior Program Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Deputy Manager Salary

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₹2.4 L/yr - ₹8.5 L/yr

Program Manager Salary

(13 salaries)

₹6.15 L/yr - ₹25.12 L/yr

Project Manager Salary

(22 salaries)

₹5.12 L/yr - ₹17 L/yr

Deputy General Manager Salary

(3 salaries)

₹2.6 L/yr - ₹4.85 L/yr

Chief Manager Salary

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₹10.86 L/yr - ₹37.68 L/yr

Top skills at Axis Max Life Insurance for Business Strategy Manager

Business Strategy Strategic Planning Financial Analysis Business Development Risk Management Market Analysis

Salary related reviews for Axis Max Life Insurance

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.

Salary - Bad

+6 more

Data Scientist in Gurgaon / Gurugram

Full Time

Data Science & Analytics Department

3.0

• posted on 01 Aug 2024

3.0

for Salary and Benefits

Likes

Office Space Multiple business problems to solve.

Dislikes

Salary Too much office politics. Sometimes good work is limited to some folks. Career growth opportunities are limited to only some section of the teams

Company culture - Poor

+1 more

Relationship Associate in Raipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jul 2024

1.0

for Salary and Benefits

Likes

Job security

Dislikes

Appraisal depends upon reporting manager, new candidates came with higher package but old employees voice can not get into company ear because of team leaders. Competition are very good in this situation.

Salary - Bad

+5 more

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.

Salary - Poor

+6 more

Associate in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 May 2024

1.0

for Salary and Benefits

Likes

Nothing good here

Dislikes

...arget is not complete. Target is so high that you will never receive incentives. Pay is too less and pressure, toxicity and politics is too high.

Salary - Bad

+6 more

see more salary related reviews

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Axis Max Life Insurance Business Strategy Manager Salary FAQs

What is the salary of Business Strategy Manager at Axis Max Life Insurance ?

The average salary of a Business Strategy Manager at Axis Max Life Insurance in India typically ranges from ₹12.1 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Business Strategy Manager at Axis Max Life Insurance earn more than ₹32.0 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Business Strategy 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 4 Axis Max Life Insurance employees in India.

What is the estimated take home salary of a Business Strategy Manager at Axis Max Life Insurance in India?

The estimated take-home salary of a Business Strategy Manager at Axis Max Life Insurance in India typically ranges from ₹1,60,325 to ₹1,66,437 per month. This is based on the average salary range of ₹12.1 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 4 years to 8 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 4 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 Strategy Manager at Axis Max Life Insurance ?

To be a Business Strategy Manager at Axis Max Life Insurance in india, the key skills required include:

- Business Strategy
- Strategic Planning
- Financial Analysis
- Business Development
- Risk Management

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 Strategy Manager in India?

Accenture

₹31.8 Lakhs to ₹72.0 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 Strategy Manager in companies similar to Axis Max Life Insurance in India?

The salary of a Business Strategy 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:

ICICI Prudential Life Insurance	₹12.0 Lakhs to ₹18.0 Lakhs per year
SBI Life Insurance Company	₹12.0 Lakhs to ₹15.0 Lakhs per year
Merkle Sokrati	₹7.5 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹6.9 Lakhs to ₹12.5 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 Strategy Manager at Axis Max Life Insurance in India?

The salary growth for a Business Strategy Manager at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Business Strategy Manager can expect the following growth trajectory at Axis Max Life Insurance:

Experience	Average Salary Range
4 years	₹12.1 Lakhs to ₹25.0 Lakhs per year
5 years	₹19.8 Lakhs to ₹25.2 Lakhs per year
6 years	₹22.9 Lakhs to ₹29.3 Lakhs per year
7 years	₹11.6 Lakhs to ₹32.0 Lakhs per year

and so on.

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Axis Max Life Insurance Business Strategy Manager Salaries

Axis Max Life Insurance Business Strategy Manager salary in India ranges between ₹12.1 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.