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Annual salary range
0 - 12 years exp.
₹3.2
Lakhs - ₹7.7
Lakhs
Login to view
detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary39% less than the average Deputy Manager Salary in Insurance Companies for 0 - 12 years of experience
Interested in this particular role? 17 job openings
Salaries in different departments
BFSI, Investments & Trading
Deputy Manager Salary
1 - 11
years
exp.
(30
salaries)
|  ₹3.2 L/yr - ₹7.7 L/yr |
Sales & Business Development
Deputy Manager Salary
3 - 12
years
exp.
(18
salaries)
| ₹3.5 L/yr - ₹6.7 L/yr |
Login to view exact salary
| |
Finance & Accounting
Deputy Manager Salary
0 - 5
years
exp.
(5
salaries)
| ₹3.8 L/yr - ₹5.9 L/yr |
Customer Success, Service & Operations
Deputy Manager Salary
2 - 8
years
exp.
(4
salaries)
| ₹4 L/yr - ₹5.5 L/yr |
Marketing & Communication
Deputy Manager Salary
8
years
exp.
(AmbitionBox Estimate)
| ₹4.3 L/yr - ₹6.3 L/yr |
Companies similar to Max Life Insurance for Deputy Manager in Mumbai
Max Life Insurance
Deputy Manager Salary
0 - 12 years exp. (69 salaries) |  ₹3.2 L/yr - ₹7.7 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Deputy Manager Salary
2 - 15 years exp. (425 salaries) | ₹3.5 L/yr - ₹14.4 L/yr 
57%
more | 2 job openings |
 ICICI Prudential Life Insurance Deputy Manager Salary
1 - 7 years exp. (8 salaries) | ₹3.8 L/yr - ₹8 L/yr
2%
more | |
Login to view exact salary
| ||
 Bajaj Allianz Life Insurance Deputy Manager Salary
2 - 16 years exp. (67 salaries) | ₹5 L/yr - ₹16 L/yr
101%
more | |
 SBI Life Insurance Company Deputy Manager Salary
2 - 15 years exp. (8 salaries) | ₹4.5 L/yr - ₹10 L/yr
44%
more | |
 Tata AIA Life Insurance Deputy Manager Salary
3 - 8 years exp. (6 salaries) | ₹2 L/yr - ₹8 L/yr
7%
more | |
 Kotak Mahindara Life Insurance Deputy Manager Salary
0 - 9 years exp. (407 salaries) | ₹2 L/yr - ₹5.7 L/yr 
21%
less | |
 HDFC Ergo General Insurance Deputy Manager Salary
0 - 13 years exp. (250 salaries) | ₹3.5 L/yr - ₹10.3 L/yr
16%
more | |
 Aditya Birla Sun Life Insurance Deputy Manager Salary
2 - 10 years exp. (65 salaries) | ₹3.2 L/yr - ₹10 L/yr
29%
more | |
 Star Union Dai-ichi Life Insurance Deputy Manager Salary
0 - 13 years exp. (57 salaries) | ₹4.8 L/yr - ₹15 L/yr
79%
more | |
 ManipalCigna Health Insurance Deputy Manager Salary
3 - 14 years exp. (57 salaries) | ₹5.5 L/yr - ₹13.6 L/yr
93%
more | |
 Reliance Nippon Life Insurance Deputy Manager Salary
4 - 17 years exp. (50 salaries) | ₹3.7 L/yr - ₹12 L/yr
52%
more | |
Login to view exact salary
| ||
 PNB MetLife Deputy Manager Salary
4 - 15 years exp. (47 salaries) | ₹4 L/yr - ₹12.6 L/yr
63%
more | 1 job opening |
 Magma HDI General Insurance Deputy Manager Salary
1 - 16 years exp. (45 salaries) | ₹5.8 L/yr - ₹10.5 L/yr
70%
more | |
 SBI General Insurance Deputy Manager Salary
5 - 11 years exp. (25 salaries) | ₹4.3 L/yr - ₹9.5 L/yr
13%
more | |
 Star Health & Allied Insurance Deputy Manager Salary
3 - 13 years exp. (13 salaries) | ₹4.8 L/yr - ₹7 L/yr
20%
more | |
 ICICI Lombard General Insurance Company Deputy Manager Salary
5 - 13 years exp. (9 salaries) | ₹4.7 L/yr - ₹11 L/yr
38%
more | |
 Cholamandalam MS General Insurance Deputy Manager Salary
5 - 11 years exp. (8 salaries) | ₹6 L/yr - ₹11 L/yr
55%
more | |
 Bajaj Allianz General Insurance Deputy Manager Salary
5 - 14 years exp. (8 salaries) | ₹9.5 L/yr - ₹14 L/yr
148%
more | 2 job openings |
 Care Health Insurance Deputy Manager Salary
2 - 11 years exp. (3 salaries) | ₹4.2 L/yr - ₹5.3 L/yr
5%
less | |
Deputy Manager salary at Max Life Insurance ranges between ₹3.2
Lakhs
to ₹7.7
Lakhs
per year for employees with less than 1 year of experience to 12 years. Salary
estimates are based on
69 latest salaries received
from various employees of Max Life Insurance.
Latest annual salaries shared by Max Life Insurance Deputy Manager in Mumbai
4d ago
9
years
exp.
2w ago
8
years
exp.
2w ago
7
years
exp.
1mo ago
3
years
exp.
1mo ago
2
years
exp.
1mo ago
5
years
exp.
2mo ago
3
years
exp.
2mo ago
6
years
exp.
2mo ago
7
years
exp.
3mo ago
1
year
exp.
Experience wise Max Life Insurance Deputy Manager salaries in Mumbai
Last Updated: 14 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹3.6
L/yr
- ₹7.8
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹3.6
L/yr
- ₹4.6
L/yr
|
Login to view exact salary
| |
| 2 years (5 salaries) |
₹3.7
L/yr
- ₹5.5
L/yr
|
| 3 years (10 salaries) |
₹3.3
L/yr
- ₹5.8
L/yr
|
| 4 years (8 salaries) |
₹3.2
L/yr
- ₹5.5
L/yr
|
View all
Max Life Insurance Deputy Manager
Salary and Career Growth
From
To
Deputy Manager
₹
Lakhs/yr
Lakhs/yr
0 - 12 years exp.
Assistant Vice President
₹
Lakhs/yr
Lakhs/yr
8 - 23 years exp.
Deputy Manager
0 -
12
years
exp.
Manager
5 -
15
years
exp.
69% hike
Senior Manager
3 -
17
years
exp.
115% hike
Similar Designation salaries in Max Life Insurance
Top skills at 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 Max Life Insurance
Discover interview dos and don'ts from real experiences
Top trending discussions
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Max Life Insurance Deputy Manager Salary FAQs
What is the salary of Deputy Manager at Max Life Insurance Mumbai?
Deputy Manager salary at Max Life Insurance in Mumbai ranges between ₹3.2 Lakhs to ₹7.7 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 39% less than the average Deputy Manager Salary in India. Salary estimates are based on 69 latest salaries received from various employees of Max Life Insurance Mumbai.
How does the salary of a Deputy Manager at Max Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Deputy Manager at Max Life Insurance is 39% less than the average salary of a Deputy Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Deputy Manager at Max Life Insurance?
Sales, Financial Services, Sales Process, Management and Excel are some of the popular skills required to work as a Deputy Manager at Max Life Insurance Mumbai.
Which similar companies are paying more than Max Life Insurance to a Deputy Manager in Mumbai?
- Bajaj Allianz General Insurance Deputy Manager Salary - ₹9.5 Lakhs to ₹14.0 Lakhs per year
- Bajaj Allianz Life Insurance Deputy Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
- ManipalCigna Health Insurance Deputy Manager Salary - ₹5.5 Lakhs to ₹13.6 Lakhs per year
- Star Union Dai-ichi Life Insurance Deputy Manager Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
- Magma HDI General Insurance Deputy Manager Salary - ₹5.8 Lakhs to ₹10.5 Lakhs per year
What is the salary of a Deputy Manager in companies similar to Max Life Insurance in Mumbai?
- PNB MetLife Deputy Manager Salary - ₹4.0 Lakhs to ₹12.6 Lakhs per year
- HDFC Life Deputy Manager Salary - ₹3.5 Lakhs to ₹14.4 Lakhs per year
- Cholamandalam MS General Insurance Deputy Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
- Reliance Nippon Life Insurance Deputy Manager Salary - ₹3.7 Lakhs to ₹12.0 Lakhs per year
- SBI Life Insurance Company Deputy Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Deputy Manager at Max Life Insurance in Mumbai?
The estimated take-home salary of a Deputy Manager at Max Life Insurance ranges between ₹38,628 per month to ₹39,814 per month in Mumbai. The take-home salary calculation is based on the average Max Life Insurance Deputy Manager salary in India which ranges between ₹3.2 Lakhs to ₹7.7 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?
What is the notice period for Deputy Manager at Max Life Insurance in Mumbai?
According to AmbitionBox, 45% of the Max Life Insurance Deputy Managers in Mumbai reported a notice period of 2 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 47 responses on AmbitionBox in last 2 years.
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- Max Life Insurance Deputy Manager Salaries in Mumbai
Max Life Insurance Deputy Manager salary
in
Mumbai
ranges between ₹3.2
Lakhs to ₹7.7
Lakhs with an average annual salary of
₹. Salary estimates are based on
69
Max Life Insurance latest salaries received from various employees of
Max Life Insurance.