Max Life Insurance Deputy Manager 1 Salaries by 5 Employees (Updated 2024)

3 - 5 years exp.

₹3.5 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Deputy Manager 1 Salary in Insurance Companies for 3 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager 1 Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹5.8 L/yr
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Sales & Business Development Deputy Manager 1 Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

Last Updated: 6 Nov 2024

Companies similar to Max Life Insurance for Deputy Manager 1

Company name	Avg Annual Salary	Open Jobs
HDFC Life Deputy Manager 1 Salary 3 - 15 years exp. (3 salaries)	₹7.2 L/yr - ₹12 L/yr 84% more
Kotak Mahindara Life Insurance Deputy Manager 1 Salary 3 - 9 years exp. (6 salaries)	₹2.5 L/yr - ₹5 L/yr 26% less
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HDFC Ergo General Insurance Deputy Manager 1 Salary 4 - 11 years exp. (9 salaries)	₹4.5 L/yr - ₹6.3 L/yr 8% more
SBI General Insurance Deputy Manager 1 Salary 4 - 11 years exp. (3 salaries)	₹4.4 L/yr - ₹5.6 L/yr 1% more
ICICI Bank Deputy Manager 1 Salary 0 - 11 years exp. (1.3k salaries)	₹3 L/yr - ₹7 L/yr 11% more

Deputy Manager 1 salary at Max Life Insurance ranges between ₹3.5 Lakhs to ₹5.8 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Deputy Manager 1 salaries

Last Updated: 6 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.6 L/yr
4 years (3 salaries)	₹3.5 L/yr - ₹5.8 L/yr
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5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.8 L/yr

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Salary related reviews for Max Life Insurance

3.1

Rated by 3 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.

Customer Service Executive in Bikaner

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 24 Sep 2019

5.0

for Salary and Benefits

Likes

Excellent all things

Dislikes

Compensation is decent and fast growing, no any work pressure. I have to work 15 to 18 hours straight in a day I have attended claint calls and manage all operation and admin work.

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.

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.

Dislikes

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

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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Max Life Insurance Deputy Manager 1 Salary FAQs

What is the salary of Deputy Manager 1 at Max Life Insurance?

Deputy Manager 1 salary at Max Life Insurance in India ranges between ₹3.5 Lakhs to ₹5.8 Lakhs for experience between 3 years to 5 years. According to our estimates it is 11% less than the average Deputy Manager 1 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 Deputy Manager 1 at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Deputy Manager 1 at Max Life Insurance is 11% less than the average salary of a Deputy Manager 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance to a Deputy Manager 1 in India?

HDFC Life Deputy Manager 1 Salary - ₹7.2 Lakhs to ₹12.0 Lakhs per year
ICICI Bank Deputy Manager 1 Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
HDFC Ergo General Insurance Deputy Manager 1 Salary - ₹4.5 Lakhs to ₹6.3 Lakhs per year
SBI General Insurance Deputy Manager 1 Salary - ₹4.4 Lakhs to ₹5.6 Lakhs per year

What is the salary of a Deputy Manager 1 in companies similar to Max Life Insurance in India?

Kotak Mahindara Life Insurance Deputy Manager 1 Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Deputy Manager 1 at Max Life Insurance in India?

The estimated take-home salary of a Deputy Manager 1 at Max Life Insurance ranges between ₹35,898 per month to ₹37,125 per month in India. The take-home salary calculation is based on the average Max Life Insurance Deputy Manager 1 salary in India which ranges between ₹3.5 Lakhs to ₹5.8 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager 1 at Max Life Insurance?

According to AmbitionBox, 46% of the Max Life Insurance Deputy Manager 1s reported a notice period of 1 Month, 31% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Max Life Insurance Deputy Manager 1 Salaries

Max Life Insurance Deputy Manager 1 salary in India ranges between ₹3.5 Lakhs to ₹5.8 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.