Max Life Insurance Chief Manager Salaries by 100+ Employees (Updated 2025)

13 - 20 years exp.

₹11.9 Lakhs - ₹42 Lakhs

Salary of majority employees

7% more than the average Chief Manager Salary in Insurance Companies for 13 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Chief Manager Salary 13 - 18 years exp. (34 salaries)	₹11.9 L/yr - ₹29.6 L/yr
Project & Program Management Chief Manager Salary 13 - 20 years exp. (13 salaries)	₹18.5 L/yr - ₹31 L/yr
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Customer Success, Service & Operations Chief Manager Salary 15 - 20 years exp. (12 salaries)	₹15 L/yr - ₹28 L/yr
Marketing & Communication Chief Manager Salary 15 - 19 years exp. (8 salaries)	₹18 L/yr - ₹26 L/yr
Sales & Business Development Chief Manager Salary 14 - 20 years exp. (8 salaries)	₹12.6 L/yr - ₹27 L/yr

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Last Updated: 13 Jan 2025

Companies similar to Max Life Insurance for Chief Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Chief Manager Salary 5 - 20 years exp. (190 salaries)	₹14 L/yr - ₹31.8 L/yr 1% less
ICICI Prudential Life Insurance Chief Manager Salary 7 - 23 years exp. (70 salaries)	₹14.5 L/yr - ₹40 L/yr 7% more
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SBI Life Insurance Company Chief Manager Salary 2 - 20 years exp. (4 salaries)	₹17 L/yr - ₹40 L/yr 28% more
Bajaj Allianz Life Insurance Chief Manager Salary 7 - 21 years exp. (55 salaries)	₹12.5 L/yr - ₹36 L/yr 7% more
ICICI Lombard General Insurance Company Chief Manager Salary 3 - 19 years exp. (447 salaries)	₹9.5 L/yr - ₹22 L/yr 32% less
Kotak Mahindara Life Insurance Chief Manager Salary 0 - 17 years exp. (456 salaries)	₹5.1 L/yr - ₹19 L/yr 54% less
Reliance Nippon Life Insurance Chief Manager Salary 9 - 23 years exp. (103 salaries)	₹7 L/yr - ₹24 L/yr 39% less
Aditya Birla Sun Life Insurance Chief Manager Salary 4 - 20 years exp. (56 salaries)	₹12 L/yr - ₹38 L/yr 9% less
SBI General Insurance Chief Manager Salary 4 - 20 years exp. (54 salaries)	₹11.5 L/yr - ₹27 L/yr 28% less
PNB MetLife Chief Manager Salary 6 - 16 years exp. (54 salaries)	₹14 L/yr - ₹30 L/yr 1% less
Star Health & Allied Insurance Chief Manager Salary 5 - 20 years exp. (41 salaries)	₹5 L/yr - ₹21.3 L/yr 48% less
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Cholamandalam MS General Insurance Chief Manager Salary 8 - 22 years exp. (20 salaries)	₹19 L/yr - ₹30 L/yr 2% more
Life Insurance Corporation of India Chief Manager Salary 29 - 32 years exp. (5 salaries)	₹8 L/yr - ₹25 L/yr 22% less
Care Health Insurance Chief Manager Salary 2 - 15 years exp. (4 salaries)	₹7 L/yr - ₹12.5 L/yr 56% less
Gallagher Chief Manager Salary 7 - 13 years exp. (3 salaries)	₹15 L/yr - ₹17.5 L/yr 29% less

Chief Manager salary at Max Life Insurance ranges between ₹11.9 Lakhs to ₹42 Lakhs per year for employees with experience between 13 years to 20 years. Salary estimates are based on 129 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Chief Manager salaries

Last Updated: 13 Jan 2025

Experience	Avg Annual Salary
13 years (9 salaries)	₹10.4 L/yr - ₹42 L/yr
14 years (16 salaries)	₹12.7 L/yr - ₹31 L/yr
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15+ years (104 salaries)	₹12.3 L/yr - ₹37 L/yr

Similar Designation salaries in Max Life Insurance

Area Manager Salary

(290 salaries)

₹4.2 L/yr - ₹14.5 L/yr

Sales Manager Salary

(605 salaries)

₹2.3 L/yr - ₹6.22 L/yr

Cluster Manager Salary

(206 salaries)

₹4.75 L/yr - ₹14 L/yr

Branch Manager Salary

(134 salaries)

₹7 L/yr - ₹14 L/yr

Deputy Manager Salary

(662 salaries)

₹2.4 L/yr - ₹9 L/yr

Territory Manager Salary

(40 salaries)

₹7.5 L/yr - ₹19 L/yr

Operations Manager Salary

(51 salaries)

₹2.15 L/yr - ₹11 L/yr

Area Sales Manager Salary

(47 salaries)

₹3 L/yr - ₹9.5 L/yr

Sales Officer Salary

(52 salaries)

₹1.6 L/yr - ₹3.6 L/yr

Senior Sales Manager Salary

(19 salaries)

₹4.35 L/yr - ₹7.5 L/yr

Top skills at Max Life Insurance for Chief Manager

Life Insurance Business Planning Marketing Business Strategy Corporate Strategy Project Management Strategic Planning Performance Management Training Change Management IRDA Financial Modelling Sales Financial Services Equity Research

Salary related reviews for Max Life Insurance

3.4

Rated by 15 employees for salary & benefits

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.

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.

Business Development Manager in Meerut

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.

Business Development Manager in Tirunelveli

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.

Dislikes

Branch Manager

Sales BD Department

5.0

• posted on 21 Dec 2018

5.0

for Salary and Benefits

Likes

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.

Dislikes

Nothing Nothing Nothing

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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 Chief Manager Salary FAQs

What is the salary of Chief Manager at Max Life Insurance?

Chief Manager salary at Max Life Insurance in India ranges between ₹11.9 Lakhs to ₹42.0 Lakhs for experience between 13 years to 20 years. According to our estimates it is 7% more than the average Chief Manager Salary in India. Salary estimates are based on 129 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Chief Manager at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Chief Manager at Max Life Insurance is 7% more than the average salary of a Chief Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Chief Manager at Max Life Insurance?

Life Insurance, Business Planning, Marketing, Business Strategy and Corporate Strategy are some of the popular skills required to work as a Chief Manager at Max Life Insurance India.

Which similar companies are paying more than Max Life Insurance to a Chief Manager in India?

SBI Life Insurance Company Chief Manager Salary - ₹17.0 Lakhs to ₹40.0 Lakhs per year
ICICI Prudential Life Insurance Chief Manager Salary - ₹14.5 Lakhs to ₹40.0 Lakhs per year
Bajaj Allianz Life Insurance Chief Manager Salary - ₹12.5 Lakhs to ₹36.0 Lakhs per year
Cholamandalam MS General Insurance Chief Manager Salary - ₹19.0 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Chief Manager in companies similar to Max Life Insurance in India?

HDFC Life Chief Manager Salary - ₹14.0 Lakhs to ₹31.8 Lakhs per year
PNB MetLife Chief Manager Salary - ₹14.0 Lakhs to ₹30.0 Lakhs per year
Aditya Birla Sun Life Insurance Chief Manager Salary - ₹12.0 Lakhs to ₹38.0 Lakhs per year
Life Insurance Corporation of India Chief Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
SBI General Insurance Chief Manager Salary - ₹11.5 Lakhs to ₹27.0 Lakhs per year

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

The estimated take-home salary of a Chief Manager at Max Life Insurance ranges between ₹1,50,743 per month to ₹1,56,422 per month in India. The take-home salary calculation is based on the average Max Life Insurance Chief Manager salary in India which ranges between ₹11.9 Lakhs to ₹42.0 Lakhs per year for employees with experience between 13 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Chief Manager at Max Life Insurance?

According to AmbitionBox, 75% of the Max Life Insurance Chief Managers reported a notice period of 3 Months, 13% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 118 responses on AmbitionBox in last 2 years.

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Max Life Insurance Chief Manager Salaries

Max Life Insurance Chief Manager salary in India ranges between ₹11.9 Lakhs to ₹42 Lakhs with an average annual salary of ₹. Salary estimates are based on 129 Max Life Insurance latest salaries received from various employees of Max Life Insurance.