Max Life Insurance Deputy Insurance Manager Salaries by 4 Employees (Updated 2025)

5 - 17 years exp.

₹2 Lakhs - ₹4.7 Lakhs

Low Confidence

Salary of majority employees

41% less than the average Deputy Insurance Manager Salary in Insurance Companies for 5 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Insurance Manager Salary 5 - 17 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹4 L/yr
Sales & Business Development Deputy Insurance Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.2 L/yr
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Procurement & Supply Chain Deputy Insurance Manager Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 26 Sep 2024

Companies similar to Max Life Insurance for Deputy Insurance Manager

Company name	Avg Annual Salary	Open Jobs
Sv Creditline Deputy Insurance Manager Salary 7 - 10 years exp. (3 salaries)	₹4.3 L/yr - ₹4.8 L/yr 56% more

Deputy Insurance Manager salary at Max Life Insurance ranges between ₹2 Lakhs to ₹4.7 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Deputy Insurance Manager salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
5 years (3 salaries)	₹3 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
10 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
11 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
12 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
13 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
14 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
15+ years (AmbitionBox Estimate)	₹2 L/yr - ₹3.9 L/yr

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Salary related reviews for Max Life Insurance

1.0

Rated by 1 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.

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

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.

Salary - Excellent

+6 more

Dislikes

Nothing Nothing Nothing

Sales Manager in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 21 Sep 2019

4.0

for Salary and Benefits

Likes

Its a good company to work with and a good pay master but unfortunately hardly give time for family.

Salary - Good

+4 more

Dislikes

They dont give time for family. Although they keep saying good things to devote time with family but they dont let you spend time. Worked even 7 days a week till 2:30 A.M

Assistant Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Feb 2025

2.0

for Salary and Benefits

Likes

The thing is like about max life insurance is salary credit is on time and 2nd and 3rd Saturday is also weekoff.

Dislikes

...they expect high level quality work from employees. Worst management and system. Field work also involved in the low salary. 2 field visit per day.

Salary - Poor

+5 more

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What people are saying about Max Life Insurance

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thickraspberry

works at

B P Oil Mills

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 Deputy Insurance Manager Salary FAQs

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

Deputy Insurance Manager salary at Max Life Insurance in India ranges between ₹2.0 Lakhs to ₹4.7 Lakhs for experience between 5 years to 17 years. According to our estimates it is 41% less than the average Deputy Insurance Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Deputy Insurance Manager at Max Life Insurance is 41% less than the average salary of a Deputy Insurance Manager in India. To know exact salary insights, login to view.

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

Sv Creditline Deputy Insurance Manager Salary - ₹4.3 Lakhs to ₹4.8 Lakhs per year

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

The estimated take-home salary of a Deputy Insurance Manager at Max Life Insurance ranges between ₹21,190 per month to ₹22,836 per month in India. The take-home salary calculation is based on the average Max Life Insurance Deputy Insurance Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.7 Lakhs per year for employees with experience between 5 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Max Life Insurance Deputy Insurance Managers reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Max Life Insurance Deputy Insurance Manager Salaries

Max Life Insurance Deputy Insurance Manager salary in India ranges between ₹2 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Max Life Insurance latest salaries received from various employees of Max Life Insurance.