Max Life Insurance Mumbai Development Manager Salaries by 3 Employees (Updated 2024)

2 - 6 years exp.

₹3.7 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

8% less than the average Development Manager Salary in Insurance Companies for 2 - 6 years of experience

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Last Updated: 15 Dec 2024

Companies similar to Max Life Insurance for Development Manager in Mumbai

Max Life Insurance Development Manager Salary

2 - 6 years exp. (3 salaries)

₹3.7 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Development Manager Salary 1 - 7 years exp. (13 salaries)	₹3.3 L/yr - ₹5 L/yr 10% more
Kotak Mahindara Life Insurance Development Manager Salary 3 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 9% more
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ICICI Lombard General Insurance Company Development Manager Salary 2 - 4 years exp. (3 salaries)	₹3.4 L/yr - ₹3.5 L/yr 9% less
Edelweiss Life Insurance Development Manager Salary 1 - 8 years exp. (7 salaries)	₹3 L/yr - ₹3.5 L/yr 16% less
Gilbarco Veeder Root Development Manager Salary 13 - 15 years exp. (5 salaries)	₹23 L/yr - ₹32 L/yr 671% more

Development Manager salary at Max Life Insurance ranges between ₹3.7 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Development Manager salaries in Mumbai

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr
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4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.5 L/yr

Similar Designation salaries in Max Life Insurance

Program Manager Salary

(4 salaries)

₹10 L/yr - ₹28.7 L/yr

Top skills at Max Life Insurance for Development Manager

Finance bfsi IRDA Financial Services Monitoring

Salary related reviews for Max Life Insurance

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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 Development Manager Salary FAQs

What is the notice period for Development Manager at Max Life Insurance in Mumbai?

According to AmbitionBox, 60% of the Max Life Insurance Development Managers in Mumbai reported a notice period of 15 days or less, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Max Life Insurance Development Manager Salaries in Mumbai

Max Life Insurance Development Manager salary in Mumbai ranges between ₹3.7 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Max Life Insurance latest salaries received from various employees of Max Life Insurance.