Axis Max Life Insurance Deputy Manager II Salaries by 5 Employees (Updated 2025)

3 - 6 years exp.

₹4 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Deputy Manager II Salary in Insurance Companies for 3 - 6 years of experience

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Last Updated: 22 Feb 2025

Companies similar to Axis Max Life Insurance for Deputy Manager II

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Deputy Manager II Salary 3 - 6 years exp. (6 salaries)	₹4.3 L/yr - ₹6.4 L/yr 6% more
Kotak Mahindara Life Insurance Deputy Manager II Salary 0 - 9 years exp. (5 salaries)	₹3.2 L/yr - ₹5 L/yr 22% less
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ICICI Prudential Life Insurance Deputy Manager II Salary 0 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹8.3 L/yr 26% more
SBI General Insurance Deputy Manager II Salary 4 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹7.5 L/yr 23% more
HDFC Life Deputy Manager II Salary 1 - 4 years exp. (3 salaries)	₹6 L/yr - ₹8.5 L/yr 41% more

Deputy Manager II salary at Axis Max Life Insurance ranges between ₹4 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 6 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 II salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.7 L/yr
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5 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹9.3 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr

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Salary related reviews for Axis Max Life Insurance

4.2

Rated by 4 employees for salary & benefits

Agency Development Manager in Kollam

Full Time

Sales & Business Development Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Second Saturday and Sunday, third Saturday and Sundays are off. No other perks.

Dislikes

... from you. More than 5 persons already left the office with their toxic culture. Don't trust their words during interview they will give a package which is lesser than your current ctc and will give excuses as you will earn promotions in a fast track mode. nothing doing you will not meet their unrealistic targets. Hope my review will help future comers. thank you.

Salary - Poor

+6 more

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.

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Axis Max Life Insurance Deputy Manager II Salary FAQs

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

The average salary of a Deputy Manager II at Axis Max Life Insurance in India typically ranges from ₹4.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Deputy Manager II at Axis Max Life Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Deputy Manager II 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 II at Axis Max Life Insurance in India?

The estimated take-home salary of a Deputy Manager II at Axis Max Life Insurance in India typically ranges from ₹36,590 to ₹37,806 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 6 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 II in India?

HDFC Life	₹6.0 Lakhs to ₹8.5 Lakhs per year
ICICI Prudential Life Insurance	₹4.5 Lakhs to ₹8.3 Lakhs per year
SBI General Insurance	₹4.5 Lakhs to ₹7.5 Lakhs per year
HDFC Ergo General Insurance	₹4.3 Lakhs to ₹6.4 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 II in companies similar to Axis Max Life Insurance in India?

The salary of a Deputy Manager II 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:

Kotak Mahindara Life Insurance

₹3.2 Lakhs to ₹5.0 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 II at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
3 years	₹4.0 Lakhs to ₹4.0 Lakhs per year
4 years	₹1.8 Lakhs to ₹4.7 Lakhs per year
5 years	₹5.1 Lakhs to ₹9.3 Lakhs per year
6 years	₹2.4 Lakhs to ₹6.0 Lakhs per year

and so on.

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Axis Max Life Insurance Deputy Manager II Salaries

Axis Max Life Insurance Deputy Manager II salary in India ranges between ₹4 Lakhs to ₹6 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.