Axis Max Life Insurance Deputy Manager Band 1 Salaries by 5 Employees

5 - 8 years exp.

₹4.3 Lakhs - ₹5.1 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Deputy Manager Band 1 Salary in Insurance Companies for 5 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Deputy Manager Band 1 Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.1 L/yr
BFSI, Investments & Trading Deputy Manager Band 1 Salary 5 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.2 L/yr
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Sales & Business Development Deputy Manager Band 1 Salary 8 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 27 Apr 2023

Companies similar to Axis Max Life Insurance for Deputy Manager Band 1

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Deputy Manager Band 1 Salary 3 - 13 years exp. (12 salaries)	₹4.8 L/yr - ₹7.5 L/yr 32% more
HDFC Life Deputy Manager Band 1 Salary 6 - 11 years exp. (5 salaries)	₹5.8 L/yr - ₹8.3 L/yr 48% more
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SBI General Insurance Deputy Manager Band 1 Salary 7 - 10 years exp. (4 salaries)	₹5 L/yr - ₹5.5 L/yr 9% more
Bajaj Allianz General Insurance Deputy Manager Band 1 Salary 2 - 12 years exp. (4 salaries)	₹4.5 L/yr - ₹12 L/yr 93% more
ICICI Bank Deputy Manager Band 1 Salary 0 - 10 years exp. (1.1k salaries)	₹3 L/yr - ₹6.6 L/yr 13% more

Deputy Manager Band 1 salary at Axis Max Life Insurance ranges between ₹4.3 Lakhs to ₹5.1 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Deputy Manager Band 1 salaries

Last Updated: 27 Apr 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹4.8 L/yr
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7 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.1 L/yr

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Salary related reviews for Axis Max Life Insurance

4.1

Rated by 2 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

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

Salary - Excellent

+6 more

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.

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.

see more salary related reviews

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Axis Max Life Insurance Deputy Manager Band 1 Salary FAQs

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

The average salary of a Deputy Manager Band 1 at Axis Max Life Insurance in India typically ranges from ₹4.3 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Deputy Manager Band 1 at Axis Max Life Insurance earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Deputy Manager Band 1 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 5 Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Deputy Manager Band 1 at Axis Max Life Insurance in India typically ranges from ₹35,900 to ₹37,126 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 5 years to 8 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 5 salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Max Life Insurance for Deputy Manager Band 1 in India?

Bajaj Allianz General Insurance	₹4.5 Lakhs to ₹12.0 Lakhs per year
HDFC Life	₹5.8 Lakhs to ₹8.3 Lakhs per year
HDFC Ergo General Insurance	₹4.8 Lakhs to ₹7.5 Lakhs per year
ICICI Bank	₹3.0 Lakhs to ₹6.6 Lakhs per year
SBI General Insurance	₹5.0 Lakhs to ₹5.5 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.

How the salary growth look like for a Deputy Manager Band 1 at Axis Max Life Insurance in India?

The salary growth for a Deputy Manager Band 1 at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Band 1 can expect the following growth trajectory at Axis Max Life Insurance:

Experience	Average Salary Range
5 years	₹1.8 Lakhs to ₹4.8 Lakhs per year
6 years	₹4.3 Lakhs to ₹4.8 Lakhs per year
7 years	₹2.0 Lakhs to ₹5.1 Lakhs per year
8 years	₹5.0 Lakhs to ₹9.1 Lakhs per year

and so on.

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Axis Max Life Insurance Deputy Manager Band 1 Salaries

Axis Max Life Insurance Deputy Manager Band 1 salary in India ranges between ₹4.3 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.