Axis Max Life Insurance Deputy Manager Salaries by 800+ Employees (Updated 2025)

0 - 15 years exp.

₹2.7 Lakhs - ₹9 Lakhs

Avg. annual salary

Monthly In-hand Salary

45% less than the average Deputy Manager Salary in Insurance Companies for 0 - 15 years of experience

Interested in this particular role? 21 job openings

Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 0 - 15 years exp. (276 salaries)	₹2.7 L/yr - ₹9 L/yr
Sales & Business Development Deputy Manager Salary 0 - 14 years exp. (195 salaries)	₹3.1 L/yr - ₹8.4 L/yr
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Customer Success, Service & Operations Deputy Manager Salary 0 - 15 years exp. (108 salaries)	₹3.1 L/yr - ₹8.5 L/yr
Finance & Accounting Deputy Manager Salary 0 - 10 years exp. (40 salaries)	₹3.4 L/yr - ₹7.2 L/yr
Marketing & Communication Deputy Manager Salary 0 - 10 years exp. (31 salaries)	₹3.3 L/yr - ₹7.5 L/yr

Last Updated: 30 Mar 2025

Companies similar to Axis Max Life Insurance for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (881 salaries)	₹3.2 L/yr - ₹10.3 L/yr 12% more
Kotak Mahindara Life Insurance Deputy Manager Salary 0 - 9 years exp. (886 salaries)	₹2 L/yr - ₹5.7 L/yr 22% less
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HDFC Life Deputy Manager Salary 2 - 15 years exp. (704 salaries)	₹3.5 L/yr - ₹12.2 L/yr 51% more
Bajaj Allianz Life Insurance Deputy Manager Salary 1 - 16 years exp. (327 salaries)	₹4.5 L/yr - ₹16.5 L/yr 98% more
Star Health & Allied Insurance Deputy Manager Salary 1 - 13 years exp. (205 salaries)	₹2.7 L/yr - ₹10 L/yr 15% more
Aditya Birla Sun Life Insurance Deputy Manager Salary 2 - 10 years exp. (190 salaries)	₹2.9 L/yr - ₹9.4 L/yr 15% more
Bajaj Allianz General Insurance Deputy Manager Salary 5 - 16 years exp. (168 salaries)	₹7.3 L/yr - ₹16 L/yr 132% more	3 job openings
SBI General Insurance Deputy Manager Salary 4 - 11 years exp. (156 salaries)	₹4 L/yr - ₹9.7 L/yr 5% more
PNB MetLife Deputy Manager Salary 4 - 17 years exp. (125 salaries)	₹4 L/yr - ₹12.6 L/yr 49% more
Magma HDI General Insurance Deputy Manager Salary 1 - 17 years exp. (116 salaries)	₹5.5 L/yr - ₹10.5 L/yr 53% more

View all

Deputy Manager salary at Axis Max Life Insurance ranges between ₹2.7 Lakhs to ₹9 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 822 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Deputy Manager salaries

Last Updated: 30 Mar 2025

Experience	Avg Annual Salary
Fresher (20 salaries)	₹3.3 L/yr - ₹6 L/yr
1 year (46 salaries)	₹3.3 L/yr - ₹6.5 L/yr
Login to view exact salary
2 years (60 salaries)	₹3 L/yr - ₹5.7 L/yr
3 years (91 salaries)	₹3.1 L/yr - ₹6 L/yr
4 years (125 salaries)	₹2.7 L/yr - ₹8.4 L/yr
5 years (119 salaries)	₹3 L/yr - ₹7.5 L/yr
6 years (94 salaries)	₹3 L/yr - ₹7.6 L/yr
7 years (72 salaries)	₹3.3 L/yr - ₹7.8 L/yr
8 years (61 salaries)	₹3.4 L/yr - ₹8 L/yr
9 years (41 salaries)	₹3.3 L/yr - ₹9 L/yr
10 years (36 salaries)	₹3.4 L/yr - ₹8.4 L/yr
11 years (23 salaries)	₹3.7 L/yr - ₹7.4 L/yr
12 years (16 salaries)	₹3.8 L/yr - ₹8.5 L/yr
13 years (7 salaries)	₹3.6 L/yr - ₹7.8 L/yr
14 years (7 salaries)	₹4.8 L/yr - ₹7.3 L/yr
15+ years (4 salaries)	₹4.5 L/yr - ₹7.2 L/yr

View all

From

Deputy Manager

₹

Lakhs/yr

0 - 15 years exp.

Assistant Vice President

₹

Lakhs/yr

13 - 24 years exp.

Deputy Manager

0 - 15 years exp.

Manager

4 - 15 years exp.

49% hike

Senior Manager

5 - 17 years exp.

133% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Axis Max Life Insurance

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(9 salaries)

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Delivery Manager Salary

(3 salaries)

₹10 L/yr - ₹20.31 L/yr

Store Manager Salary

(3 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Branch Manager Salary

(139 salaries)

₹7 L/yr - ₹14 L/yr

Area Manager Salary

(268 salaries)

₹4.2 L/yr - ₹13 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Cluster Manager Salary

(214 salaries)

₹5.1 L/yr - ₹14.9 L/yr

Service Manager Salary

(6 salaries)

₹1.65 L/yr - ₹3.5 L/yr

Deputy Branch Manager Salary

(5 salaries)

₹1 L/yr - ₹10 L/yr

Program Manager Salary

(13 salaries)

₹6.15 L/yr - ₹25.12 L/yr

Top skills at Axis Max Life Insurance for Deputy Manager

Sales Financial Services Sales Process Management Excel Relationship Management Relationship Building Financial Planning Customer Service Finance Mutual Funds Loans Customer Experience Banking Service Delivery

Salary related reviews for Axis Max Life Insurance

4.0

Rated by 242 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

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.

Dislikes

Salary - Bad
Job security - Bad

+4 more

Operations Executive in Howrah

Operations Department

5.0

• posted on 02 Jun 2021

4.0

for Salary and Benefits

Likes

Very good company for both personal and professional growth.Employee centric.Friendly environment.Colleagues and seniors are very much co-operative which is very helpful for a new joinee.I shared a great relation with them.A very much customer oriented company when it comes to service.

Salary - Good

+6 more

Dislikes

Salary structure needs to improve for an off-role employee else everything is fine.

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.

Salary - Excellent

+6 more

Dislikes

Operations Executive in Ranchi

BFSI, Investments & Trading Department

5.0

• posted on 28 May 2019

5.0

for Salary and Benefits

Likes

Working with the max life insurance is such a great experience . My team leaders are very supportive , salary package is not to too but its okay, i have learned too many things there but work life balance is not too good

Salary - Excellent

+6 more

Dislikes

The thing that i dislike in working in max life insurance that is we all employee work every sunday but not even a single employee get compensation for the working on sunday.

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Axis Max Life Insurance Deputy Manager Salary FAQs

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

The average salary of a Deputy Manager at Axis Max Life Insurance in India typically ranges from ₹2.7 Lakhs to ₹9.0 Lakhs per year, depending on experience (from Fresher to 15 years).

The top 10% of Deputy Manager at Axis Max Life Insurance earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Deputy 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 800+ Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Deputy Manager at Axis Max Life Insurance in India typically ranges from ₹39,997 to ₹41,162 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from Fresher to 15 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 800+ 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 Deputy Manager at Axis Max Life Insurance ?

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

- Sales
- Financial Services
- Sales Process
- Management
- Excel

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 Deputy Manager in India?

The New India Assurance Co.	₹17.0 Lakhs to ₹26.0 Lakhs per year
United India Insurance Company	₹11.0 Lakhs to ₹24.0 Lakhs per year
The Oriental Insurance Co.	₹15.0 Lakhs to ₹21.0 Lakhs per year
Royal Sundaram General Insurance	₹12.0 Lakhs to ₹17.4 Lakhs per year
Bajaj Allianz General Insurance	₹7.3 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.

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

The salary of a Deputy 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:

Bajaj Allianz Life Insurance	₹4.5 Lakhs to ₹16.5 Lakhs per year
ManipalCigna Health Insurance	₹4.0 Lakhs to ₹14.5 Lakhs per year
Allianz	₹6.6 Lakhs to ₹12.2 Lakhs per year
Cholamandalam MS General Insurance	₹4.0 Lakhs to ₹11.3 Lakhs per year
Magma HDI General Insurance	₹5.5 Lakhs to ₹10.5 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 Deputy Manager at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹3.3 Lakhs to ₹6.0 Lakhs per year
1 year	₹3.3 Lakhs to ₹6.5 Lakhs per year
2 years	₹3.0 Lakhs to ₹5.7 Lakhs per year
3 years	₹3.1 Lakhs to ₹6.0 Lakhs per year

and so on.

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Axis Max Life Insurance Deputy Manager Salaries by Location

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Axis Max Life Insurance Deputy Manager Salaries

Axis Max Life Insurance Deputy Manager salary in India ranges between ₹2.7 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 822 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

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Axis Max Life Insurance Deputy Manager salaries in India (Updated 2025)

Companies similar to Axis Max Life Insurance for Deputy Manager

Latest annual salaries shared by Axis Max Life Insurance Deputy Manager

Experience wise Axis Max Life Insurance Deputy Manager salaries

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Deputy Manager

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Business Development Manager in Meerut

Operations Executive in Howrah

Business Development Manager in Tirunelveli

Operations Executive in Ranchi

Axis Max Life Insurance Deputy Manager Salary FAQs

Tell us how to improve this page.

Axis Max Life Insurance Deputy Manager Salaries by Location