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4.1

based on 5.1k Reviews

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Max Life Insurance Development Manager salaries in India

Annual salary range
0 - 12 years exp.
₹2.7 Lakhs - ₹5.1 Lakhs
Salary of majority employees
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72% less than the average Development Manager Salary in Insurance Companies for 0 - 12 years of experience

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Salaries in different departments

Sales & Business Development
Development Manager Salary
2 - 12 years exp. (15 salaries)
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₹2.7 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Development Manager Salary
5 - 10 years exp. (5 salaries)
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₹3.5 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Development Manager Salary
1 - 6 years exp. (4 salaries)
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₹3.1 L/yr - ₹4.5 L/yr

Finance & Accounting
Development Manager Salary
1 - 7 years exp. (3 salaries)
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₹3.5 L/yr - ₹3.8 L/yr

Engineering - Hardware & Networks
Development Manager Salary
3 - 6 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.4 L/yr

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Last Updated: 22 Dec 2024

Companies similar to Max Life Insurance for Development Manager

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹4.6 L/yr

arrow icon 2% more
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HDFC Life Development Manager Salary

1 - 6 years exp. (16 salaries)

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₹2.6 L/yr - ₹4.3 L/yr

arrow icon 5% less
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₹1.8 L/yr - ₹4.7 L/yr

arrow icon 12% less
1 job opening
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₹4 L/yr - ₹5 L/yr

arrow icon 21% more
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₹3.3 L/yr - ₹5 L/yr

arrow icon 11% more
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₹1.9 L/yr - ₹4.1 L/yr

arrow icon 25% less
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₹4.5 L/yr - ₹17 L/yr

arrow icon 148% more
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₹2.4 L/yr - ₹8 L/yr

arrow icon 44% more
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₹2.8 L/yr - ₹4.3 L/yr

arrow icon 10% less
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₹5 L/yr - ₹6.7 L/yr

arrow icon 52% more
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₹3.3 L/yr - ₹3.6 L/yr

arrow icon 7% less
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₹3.6 L/yr - ₹4 L/yr

arrow icon 2% less
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₹1 L/yr - ₹4.5 L/yr

arrow icon 18% less
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₹1.8 L/yr - ₹7 L/yr

arrow icon 6% more
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₹3 L/yr - ₹4.3 L/yr

arrow icon 6% less
Development Manager salary at Max Life Insurance ranges between ₹2.7 Lakhs to ₹5.1 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 39 latest salaries received from various employees of Max Life Insurance.

Latest annual salaries shared by Max Life Insurance Development Manager

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Experience wise Max Life Insurance Development Manager salaries

Last Updated: 22 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3 L/yr - ₹6.2 L/yr
1 year (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4.3 L/yr
2 years  (4 salaries)

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₹2.9 L/yr - ₹3.7 L/yr
3 years  (7 salaries)

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₹2.9 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.1 L/yr
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Similar Designation salaries in Max Life Insurance

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(12 salaries)
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₹6.7 L/yr - ₹25.57 L/yr
Engineering Manager Salary
(AmbitionBox Estimate)
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₹35.4 L/yr - ₹45.2 L/yr
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₹18 L/yr - ₹24 L/yr
Scrum Master Salary
(5 salaries)
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₹5.05 L/yr - ₹13 L/yr
Technical Project Manager Salary
(AmbitionBox Estimate)
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₹14 L/yr - ₹17.8 L/yr
Senior Engineering Manager Salary
(AmbitionBox Estimate)
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₹36.9 L/yr - ₹47.2 L/yr
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₹4.6 L/yr - ₹15 L/yr

Top skills at Max Life Insurance for Development Manager

Finance bfsi IRDA Financial Services Monitoring

Salary related reviews for Max Life Insurance

2.3

Rated by 3 employees for salary & benefits

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 01 Aug 2024

3.0
 for  Salary and Benefits

Likes

Office Space Multiple business problems to solve.

Dislikes

Salary Too much office politics. Sometimes good work is limited to some folks. Career growth opportunities are limited to only some section of the teams

read more
  • Company culture - Poor
    +1 more

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.

read more
  • Salary - Bad
    +5 more

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.

read more
  • Salary - Poor
    +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 20 May 2024

1.0
 for  Salary and Benefits

Likes

Nothing good here

Dislikes

...arget is not complete. Target is so high that you will never receive incentives. Pay is too less and pressure, toxicity and politics is too high.

read more
  • Salary - Bad
    +6 more

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

read more
  • Skill development - Bad
    +4 more
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Max Life Insurance Development Manager Salary FAQs

What is the salary of Development Manager at Max Life Insurance?
Development Manager salary at Max Life Insurance in India ranges between ₹2.7 Lakhs to ₹5.1 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 72% less than the average Development Manager Salary in India. Salary estimates are based on 39 latest salaries received from various employees of Max Life Insurance India.
How does the salary of a Development Manager at Max Life Insurance India compare with the average salary range for this job?
The average salary of a Development Manager at Max Life Insurance is 72% less than the average salary of a Development Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Development Manager at Max Life Insurance?
Finance, bfsi, IRDA, Financial Services and Monitoring are some of the popular skills required to work as a Development Manager at Max Life Insurance India.
Which similar companies are paying more than Max Life Insurance to a Development Manager in India?
  • Tata AIA Life Insurance Development Manager Salary - ₹4.5 Lakhs to ₹17.0 Lakhs per year
  • HDFC Ergo General Insurance Development Manager Salary - ₹5.0 Lakhs to ₹6.7 Lakhs per year
  • Life Insurance Corporation of India Development Manager Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year
  • Bajaj Allianz Life Insurance Development Manager Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
  • Kotak Mahindara Life Insurance Development Manager Salary - ₹3.3 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Development Manager in companies similar to Max Life Insurance in India?
  • Star Health & Allied Insurance Development Manager Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year
  • ICICI Prudential Life Insurance Development Manager Salary - ₹2.2 Lakhs to ₹4.6 Lakhs per year
  • Shriram Life Insurance Development Manager Salary - ₹3.6 Lakhs to ₹4.0 Lakhs per year
  • HDFC Life Development Manager Salary - ₹2.6 Lakhs to ₹4.3 Lakhs per year
  • Star Union Dai-ichi Life Insurance Development Manager Salary - ₹3.0 Lakhs to ₹4.3 Lakhs per year
What is the estimated take home salary of a Development Manager at Max Life Insurance in India?
The estimated take-home salary of a Development Manager at Max Life Insurance ranges between ₹27,383 per month to ₹28,786 per month in India. The take-home salary calculation is based on the average Max Life Insurance Development Manager salary in India which ranges between ₹2.7 Lakhs to ₹5.1 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 Development Manager at Max Life Insurance?
According to AmbitionBox, 60% of the Max Life Insurance Development Managers reported a notice period of 1 Month, 32% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 50 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Max Life Insurance Development Manager salary in India ranges between ₹2.7 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 39 Max Life Insurance latest salaries received from various employees of Max Life Insurance.