Max Life Insurance Pune Deputy Manager Salaries by 80+ Employees (Updated 2024)

0 - 13 years exp.

₹3.1 Lakhs - ₹7 Lakhs

Salary of majority employees

43% less than the average Deputy Manager Salary in Insurance Companies for 0 - 13 years of experience

Interested in this particular role? 17 job openings

Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 0 - 8 years exp. (39 salaries)	₹3.1 L/yr - ₹7 L/yr
Sales & Business Development Deputy Manager Salary 1 - 13 years exp. (16 salaries)	₹3.3 L/yr - ₹6.8 L/yr
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Finance & Accounting Deputy Manager Salary 1 - 7 years exp. (7 salaries)	₹3.4 L/yr - ₹5.1 L/yr
Customer Success, Service & Operations Deputy Manager Salary 4 - 11 years exp. (5 salaries)	₹4 L/yr - ₹7 L/yr
Marketing & Communication Deputy Manager Salary 1 - 4 years exp. (4 salaries)	₹3.5 L/yr - ₹6 L/yr

Last Updated: 8 Nov 2024

Companies similar to Max Life Insurance for Deputy Manager in Pune

Max Life Insurance Deputy Manager Salary

0 - 13 years exp. (82 salaries)

₹3.1 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Deputy Manager Salary 2 - 14 years exp. (16 salaries)	₹4.5 L/yr - ₹11.3 L/yr 65% more
ICICI Prudential Life Insurance Deputy Manager Salary 1 - 2 years exp. (3 salaries)	₹5 L/yr - ₹7 L/yr 19% more
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Bajaj Allianz Life Insurance Deputy Manager Salary 2 - 16 years exp. (150 salaries)	₹5.4 L/yr - ₹19 L/yr 127% more
Bajaj Allianz General Insurance Deputy Manager Salary 5 - 17 years exp. (86 salaries)	₹8.2 L/yr - ₹16 L/yr 149% more	1 job opening
HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (53 salaries)	₹3.9 L/yr - ₹8.8 L/yr 14% more
Kotak Mahindara Life Insurance Deputy Manager Salary 0 - 7 years exp. (36 salaries)	₹2.3 L/yr - ₹5 L/yr 19% less
SBI General Insurance Deputy Manager Salary 4 - 9 years exp. (12 salaries)	₹3.7 L/yr - ₹7 L/yr 11% more
Aditya Birla Sun Life Insurance Deputy Manager Salary 3 - 10 years exp. (9 salaries)	₹5 L/yr - ₹9.6 L/yr 46% more
Star Health & Allied Insurance Deputy Manager Salary 4 - 12 years exp. (7 salaries)	₹4.2 L/yr - ₹7 L/yr 24% more
Star Union Dai-ichi Life Insurance Deputy Manager Salary 6 - 12 years exp. (5 salaries)	₹5 L/yr - ₹12.3 L/yr 51% more	1 job opening
Magma HDI General Insurance Deputy Manager Salary 5 - 16 years exp. (3 salaries)	₹7.5 L/yr - ₹9.1 L/yr 69% more
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Deputy Manager salary at Max Life Insurance ranges between ₹3.1 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 82 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Deputy Manager salaries in Pune

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹4.1 L/yr
1 year (4 salaries)	₹3.4 L/yr - ₹6 L/yr
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2 years (8 salaries)	₹3.5 L/yr - ₹5 L/yr
3 years (11 salaries)	₹3.3 L/yr - ₹5 L/yr
4 years (21 salaries)	₹3.4 L/yr - ₹6 L/yr
5 years (13 salaries)	₹3.1 L/yr - ₹5.1 L/yr
6 years (5 salaries)	₹3.7 L/yr - ₹6.2 L/yr
7 years (6 salaries)	₹4 L/yr - ₹5.5 L/yr
8 years (6 salaries)	₹4 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.3 L/yr
10 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹7 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
13 years (AmbitionBox Estimate)	₹4 L/yr - ₹10.3 L/yr

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From

Deputy Manager

₹

Lakhs/yr

0 - 13 years exp.

Assistant Vice President

₹

Lakhs/yr

8 - 23 years exp.

Deputy Manager 0 - 13 years exp.

Manager 4 - 15 years exp.

61% hike

Senior Manager 4 - 18 years exp.

95% hike

Similar Designation salaries in Max Life Insurance

Area Manager Salary

(21 salaries)

₹5.8 L/yr - ₹12.3 L/yr

Cluster Manager Salary

(7 salaries)

₹7 L/yr - ₹10.8 L/yr

Branch Manager Salary

(7 salaries)

₹8.5 L/yr - ₹10.95 L/yr

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 Customer Experience Loans Banking Service Delivery

Salary related reviews for Max Life Insurance

4.1

Rated by 10 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.

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.

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

Operations Executive in Ranchi

BFSI, Investments & Trading Department

5.0

• posted on 28 May 2019

5.0

for Salary and Benefits

Likes

Working with the max life insurance is such a great experience . My team leaders are very supportive , salary package is not to too but its okay, i have learned too many things there but work life balance is not too good

Dislikes

The thing that i dislike in working in max life insurance that is we all employee work every sunday but not even a single employee get compensation for the working on sunday.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Max Life Insurance Deputy Manager Salary FAQs

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

Deputy Manager salary at Max Life Insurance in Pune ranges between ₹3.1 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 13 years. According to our estimates it is 43% less than the average Deputy Manager Salary in India. Salary estimates are based on 82 latest salaries received from various employees of Max Life Insurance Pune.

How does the salary of a Deputy Manager at Max Life Insurance Pune compare with the average salary range for this job?

The average salary of a Deputy Manager at Max Life Insurance is 43% less than the average salary of a Deputy Manager in Pune. 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 Pune.

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

Bajaj Allianz General Insurance Deputy Manager Salary - ₹8.2 Lakhs to ₹16.0 Lakhs per year
Bajaj Allianz Life Insurance Deputy Manager Salary - ₹5.4 Lakhs to ₹19.0 Lakhs per year
Magma HDI General Insurance Deputy Manager Salary - ₹7.5 Lakhs to ₹9.1 Lakhs per year
HDFC Life Deputy Manager Salary - ₹4.5 Lakhs to ₹11.3 Lakhs per year
Star Union Dai-ichi Life Insurance Deputy Manager Salary - ₹5.0 Lakhs to ₹12.3 Lakhs per year

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

Aditya Birla Sun Life Insurance Deputy Manager Salary - ₹5.0 Lakhs to ₹9.6 Lakhs per year
Star Health & Allied Insurance Deputy Manager Salary - ₹4.2 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance Deputy Manager Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year
HDFC Ergo General Insurance Deputy Manager Salary - ₹3.9 Lakhs to ₹8.8 Lakhs per year
SBI General Insurance Deputy Manager Salary - ₹3.7 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Max Life Insurance ranges between ₹36,443 per month to ₹37,661 per month in Pune. The take-home salary calculation is based on the average Max Life Insurance Deputy Manager salary in India which ranges between ₹3.1 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 41% of the Max Life Insurance Deputy Managers in Pune reported a notice period of 1 Month, 33% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 46 responses on AmbitionBox in last 2 years.

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Max Life Insurance Deputy Manager Salaries in Pune

Max Life Insurance Deputy Manager salary in Pune ranges between ₹3.1 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 82 Max Life Insurance latest salaries received from various employees of Max Life Insurance.

Max Life Insurance Deputy Manager salaries in Pune

Companies similar to Max Life Insurance for Deputy Manager in Pune

Latest annual salaries shared by Max Life Insurance Deputy Manager in Pune

Experience wise Max Life Insurance Deputy Manager salaries in Pune

Similar Designation salaries in Max Life Insurance

Top skills at Max Life Insurance for Deputy Manager

Salary related reviews for Max Life Insurance

Deputy Manager in Kolkata

Business Development Manager in Meerut

Operations Executive in Howrah

Business Development Manager in Tirunelveli

Operations Executive in Ranchi

Max Life Insurance Deputy Manager Salary FAQs

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