Max Life Insurance Cluster Bancassurance Manager Salaries by 5 Employees (Updated 2025)

12 - 14 years exp.

₹9 Lakhs - ₹11.5 Lakhs

Low Confidence

Salary of majority employees

18% more than the average Cluster Bancassurance Manager Salary in Insurance Companies for 12 - 14 years of experience

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Last Updated: 24 Nov 2024

Companies similar to Max Life Insurance for Cluster Bancassurance Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Cluster Bancassurance Manager Salary 9 - 13 years exp. (3 salaries)	₹6.7 L/yr - ₹9.6 L/yr 17% less
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Reliance General Insurance Cluster Bancassurance Manager Salary 11 - 12 years exp. (3 salaries)	₹10 L/yr - ₹13.5 L/yr 10% more

Cluster Bancassurance Manager salary at Max Life Insurance ranges between ₹9 Lakhs to ₹11.5 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Cluster Bancassurance Manager salaries

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹9 L/yr - ₹16.5 L/yr
13 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹10.5 L/yr
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14 years (3 salaries)	₹10.5 L/yr - ₹11.5 L/yr

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Top skills at Max Life Insurance for Cluster Bancassurance Manager

Bancassurance Finance Finance Management Bancassurance Excel Excel Financial Services Service Delivery Sales Process Financial Services Customer Experience Banking Human Capital Management Sales Process

Salary related reviews for Max Life Insurance

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

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

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.

Salary - Poor

+6 more

Financial Sales Manager in South Kolkata

Full Time

Sales & Business Development Department

4.0

• posted on 27 Oct 2023

4.0

for Salary and Benefits

Likes

Training only.

Salary - Good

+2 more

Dislikes

...s are not coming Branch and dont meet Branch head or bsm /Ssm... Big politics . Salary hike is very nominal hike.!!.

Work satisfaction - Poor

Deputy Cluster Manager in Ajmer

BFSI, Investments & Trading Department

5.0

• posted on 21 May 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture, and it's best organisation to build soft skill and management is very supportive.

Salary - Good

+6 more

Dislikes

Company expectation is very high and compensation & benefits are lesser than according to this

see more salary related reviews

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What people are saying about Max Life Insurance

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Facing Toxic Culture and Management Issues.

I joined Axis Max Life Insurance, on 24 Dec 2024, After 11 Jan 2025 I started receiving hate and toxic culture from the female L1 Manager BRM. On Axis Max Life Insurance. Because I refused to do their personal work and work on the week off. Because I'm not the licking Employee. Now the female manager starts harassing me. The branch didn't even have the security CCTV Cameras so I don't have a Recording. But I have witnesses. She is too toxic And I feel mentally drained and harassing. What should I do because she is female I can't take unnecessary action. Please share the thoughts and advice and need help asap.

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Max Life Insurance Cluster Bancassurance Manager Salary FAQs

What is the salary of Cluster Bancassurance Manager at Max Life Insurance?

Cluster Bancassurance Manager salary at Max Life Insurance in India ranges between ₹9.0 Lakhs to ₹11.5 Lakhs for experience between 12 years to 14 years. According to our estimates it is 18% more than the average Cluster Bancassurance Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Cluster Bancassurance Manager at Max Life Insurance is 18% more than the average salary of a Cluster Bancassurance Manager in India. To know exact salary insights, login to view.

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

Bancassurance, Finance, Finance, Management and Bancassurance are some of the popular skills required to work as a Cluster Bancassurance Manager at Max Life Insurance India.

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

Reliance General Insurance Cluster Bancassurance Manager Salary - ₹10.0 Lakhs to ₹13.5 Lakhs per year

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

Bajaj Allianz Life Insurance Cluster Bancassurance Manager Salary - ₹6.7 Lakhs to ₹9.6 Lakhs per year

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

The estimated take-home salary of a Cluster Bancassurance Manager at Max Life Insurance ranges between ₹72,999 per month to ₹74,884 per month in India. The take-home salary calculation is based on the average Max Life Insurance Cluster Bancassurance Manager salary in India which ranges between ₹9.0 Lakhs to ₹11.5 Lakhs per year for employees with experience between 12 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 40% of the Max Life Insurance Cluster Bancassurance Managers reported a notice period of 1 Month, 40% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Max Life Insurance Cluster Bancassurance Manager Salaries

Max Life Insurance Cluster Bancassurance Manager salary in India ranges between ₹9 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Max Life Insurance latest salaries received from various employees of Max Life Insurance.