Max Life Insurance Deputy Manager Band 2 Salaries by 3 Employees (Updated 2025)

10 - 12 years exp.

₹3.4 Lakhs - ₹4.4 Lakhs

Low Confidence

Salary of majority employees

48% less than the average Deputy Manager Band 2 Salary in Insurance Companies for 10 - 12 years of experience

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Last Updated: 31 Jul 2024

Companies similar to Axis Max Life Insurance for Deputy Manager Band 2

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Deputy Manager Band 2 Salary 0 - 7 years exp. (5 salaries)	₹5.6 L/yr - ₹7.5 L/yr 78% more
ManipalCigna Health Insurance Deputy Manager Band 2 Salary 7 - 9 years exp. (4 salaries)	₹3.7 L/yr - ₹5.5 L/yr 14% more
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ICICI Bank Deputy Manager Band 2 Salary 0 - 14 years exp. (1.3k salaries)	₹3 L/yr - ₹11.3 L/yr 96% more
HDFC Bank Deputy Manager Band 2 Salary 2 - 10 years exp. (65 salaries)	₹3.8 L/yr - ₹7.3 L/yr 55% more
WNS Deputy Manager Band 2 Salary 6 - 14 years exp. (32 salaries)	₹9.5 L/yr - ₹19.5 L/yr 272% more

Deputy Manager Band 2 salary at Axis Max Life Insurance ranges between ₹3.4 Lakhs to ₹4.4 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Max Life Insurance Deputy Manager Band 2 salaries

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
11 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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12 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr

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Salary related reviews for Axis Max Life Insurance

5.0

Rated by 1 employees for salary & benefits

Relationship Associate in Raipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jul 2024

1.0

for Salary and Benefits

Likes

Job security

Dislikes

Appraisal depends upon reporting manager, new candidates came with higher package but old employees voice can not get into company ear because of team leaders. Competition are very good in this situation.

Salary - Bad

+5 more

Associate Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 01 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Worst management and HR. Management torture Lower level staff for business. Even HR also support manager and they take concall for business. Worst working conditions in Max life Cooperative banca channel I have seen in my life time.

Salary - Poor

+6 more

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Salary is good

Salary - Good

+1 more

Dislikes

Lack of training, harrasment candidate for work , lack of field help , managers are not supportive they just bark but don't motivate agency manager at every hour . Mentally torture the candidate for work and pressurized day night equally, call anytime without thinking it's an off or weak day holiday. Never think about personal life also the manager are shameless because they trespass their manager homes without intimation and do misbehave with everyone in office. The management is not good so do not join max life

Skill development - Bad

+4 more

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 16 Sep 2023

5.0

for Salary and Benefits

Likes

Pay and perk is good. Promotion opportunities are really good.

Salary - Excellent

+2 more

Dislikes

No support from Seniors. No discipline, only they need result even if you are new. They will start poking you and also not ready to support you.

Agency Development Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 30 Nov 2022

1.0

for Salary and Benefits

Likes

Good Local management, training program also good.

Dislikes

Fake commitment from hr department before joining about in hand salary, After joining totally different in hand salary coming. When I talk zonal hr she is not giving a proper solution. Also they are sending employees for field work but they are not paying petrol expenses to employees. Means you have not earn anything in your take home salary hike. Hr department is to much confused and roude. Saturday Sunday working. Also daily 9.30 to 8.00 timing average. Means no work life balance. Also you can develop advisor from your own contact and relations. Company don't have any data.

Salary - Bad

+4 more

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Axis Max Life Insurance Deputy Manager Band 2 Salary FAQs

What is the notice period for Deputy Manager Band 2 at Max Life Insurance?

According to AmbitionBox, 100% of the Max Life Insurance Deputy Manager Band 2s reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Max Life Insurance Deputy Manager Band 2 Salaries

Axis Max Life Insurance Deputy Manager Band 2 salary in India ranges between ₹3.4 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.