Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary19% less than the average Cluster Head Salary in Insurance Companies for 6 - 20 years of experience
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Salaries in different departments
Sales & Business Development
Cluster Head Salary
6 - 20
years
exp.
(13
salaries)
|  ₹7 L/yr - ₹16 L/yr |
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| |
BFSI, Investments & Trading
Cluster Head Salary
7 - 16
years
exp.
(12
salaries)
| ₹8.5 L/yr - ₹14.5 L/yr |
Companies similar to Axis Max Life Insurance for Cluster Head
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Cluster Head Salary
4 - 19 years exp. (13 salaries) | ₹8.1 L/yr - ₹15 L/yr 
3%
less | |
 HDFC Life Cluster Head Salary
5 - 16 years exp. (27 salaries) | ₹7.5 L/yr - ₹14 L/yr
10%
less | |
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| ||
 Bajaj Allianz Life Insurance Cluster Head Salary
7 - 12 years exp. (24 salaries) | ₹7 L/yr - ₹13 L/yr
14%
less | |
 Kotak Mahindara Life Insurance Cluster Head Salary
8 - 21 years exp. (9 salaries) | ₹5.2 L/yr - ₹21.8 L/yr 
5%
more | |
 Reliance Nippon Life Insurance Cluster Head Salary
12 - 19 years exp. (5 salaries) | ₹7.8 L/yr - ₹12 L/yr
15%
less | |
 Tata AIA Life Insurance Cluster Head Salary
10 - 16 years exp. (8 salaries) | ₹9.5 L/yr - ₹20.5 L/yr
8%
more | 1 job opening |
 Aditya Birla Sun Life Insurance Cluster Head Salary
6 - 9 years exp. (14 salaries) | ₹7 L/yr - ₹12 L/yr
19%
less | |
 PNB MetLife Cluster Head Salary
12 - 18 years exp. (9 salaries) | ₹15.5 L/yr - ₹18 L/yr
48%
more | |
 Bajaj Allianz General Insurance Cluster Head Salary
5 - 20 years exp. (59 salaries) | ₹6.3 L/yr - ₹17.3 L/yr
14%
less | 8 job openings |
 HDFC Ergo General Insurance Cluster Head Salary
8 - 18 years exp. (41 salaries) | ₹6 L/yr - ₹14 L/yr
12%
less | |
 ICICI Lombard General Insurance Company Cluster Head Salary
3 - 18 years exp. (18 salaries) | ₹7.8 L/yr - ₹17.5 L/yr
1%
less | |
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| ||
 SBI General Insurance Cluster Head Salary
14 - 19 years exp. (7 salaries) | ₹8.7 L/yr - ₹20 L/yr
22%
more | |
 Aviva Life Insurance India Cluster Head Salary
14 - 21 years exp. (4 salaries) | ₹17 L/yr - ₹19.4 L/yr
57%
more | |
 Shriram Life Insurance Cluster Head Salary
11 - 15 years exp. (4 salaries) | ₹4.8 L/yr - ₹15 L/yr
25%
less | |
 Royal Sundaram General Insurance Cluster Head Salary
6 - 18 years exp. (4 salaries) | ₹5.9 L/yr - ₹16 L/yr
7%
more | |
 ManipalCigna Health Insurance Cluster Head Salary
10 - 19 years exp. (4 salaries) | ₹5.8 L/yr - ₹10 L/yr
32%
less | |
 Magma HDI General Insurance Cluster Head Salary
12 - 14 years exp. (3 salaries) | ₹8.3 L/yr - ₹11.7 L/yr
8%
less | |
Latest annual salaries shared by Axis Max Life Insurance Cluster Head
Experience wise Axis Max Life Insurance Cluster Head salaries
Last Updated: 2 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 6 years (AmbitionBox Estimate) |
₹8
L/yr
- ₹19.8
L/yr
|
| 7 years (3 salaries) |
₹8.5
L/yr
- ₹19.9
L/yr
|
Login to view exact salary
| |
| 8 years (AmbitionBox Estimate) |
₹8.5
L/yr
- ₹12
L/yr
|
| 9 years (AmbitionBox Estimate) |
₹7
L/yr
- ₹20.2
L/yr
|
| 10 years (AmbitionBox Estimate) |
₹9
L/yr
- ₹20.3
L/yr
|
Similar Designation salaries in Axis Max Life Insurance
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Axis Max Life Insurance Cluster Head Salary FAQs
The top 10% of Cluster Head at Axis Max Life Insurance earn more than ₹14.4 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Cluster Head 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 20+ Axis Max Life Insurance employees in India.
| Aviva Life Insurance India | ₹17.0 Lakhs to ₹19.4 Lakhs per year |
| PNB MetLife | ₹15.5 Lakhs to ₹18.0 Lakhs per year |
| SBI General Insurance | ₹8.7 Lakhs to ₹20.0 Lakhs per year |
| Tata AIA Life Insurance | ₹9.5 Lakhs to ₹20.5 Lakhs per year |
| Royal Sundaram General Insurance | ₹5.9 Lakhs to ₹16.0 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.
| Kotak Mahindara Life Insurance | ₹5.2 Lakhs to ₹21.8 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹7.8 Lakhs to ₹17.5 Lakhs per year |
| ICICI Prudential Life Insurance | ₹8.1 Lakhs to ₹15.0 Lakhs per year |
| Magma HDI General Insurance | ₹8.3 Lakhs to ₹11.7 Lakhs per year |
| HDFC Life | ₹7.5 Lakhs to ₹14.0 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.
| Experience | Average Salary Range |
|---|---|
| 6 years | ₹8.0 Lakhs to ₹19.8 Lakhs per year |
| 7 years | ₹8.5 Lakhs to ₹19.9 Lakhs per year |
| 8 years | ₹8.5 Lakhs to ₹12.0 Lakhs per year |
| 9 years | ₹7.0 Lakhs to ₹20.2 Lakhs per year |
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Axis Max Life Insurance Cluster Head salary
in
India
ranges between ₹7
Lakhs to ₹16
Lakhs with an average annual salary of
₹. Salary estimates are based on
27
Axis Max Life Insurance latest salaries received from various employees of
Axis Max Life Insurance.