Axis Max Life Insurance Engineering Manager Salaries by 3 Employees (Updated 2025)

11 - 14 years exp.

₹35.7 Lakhs - ₹42.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

5% more than the average Engineering Manager Salary in Insurance Companies for 11 - 14 years of experience

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Salaries in different departments

Engineering - Software & QA Engineering Manager Salary 14 years exp. (AmbitionBox Estimate)	₹38.6 L/yr - ₹47.2 L/yr
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Project & Program Management Engineering Manager Salary 11 years exp. (AmbitionBox Estimate)	₹32.1 L/yr - ₹39.2 L/yr

Last Updated: 20 Mar 2025

Companies similar to Axis Max Life Insurance for Engineering Manager

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Engineering Manager Salary 11 - 13 years exp. (7 salaries)	₹32 L/yr - ₹45.5 L/yr 11% more
Cholamandalam MS General Insurance Engineering Manager Salary 17 - 21 years exp. (5 salaries)	₹22.3 L/yr - ₹40 L/yr 28% less
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Larsen & Toubro Limited Engineering Manager Salary 10 - 18 years exp. (241 salaries)	₹9 L/yr - ₹33 L/yr 48% less	3 job openings
Cognizant Engineering Manager Salary 11 - 18 years exp. (181 salaries)	₹12.9 L/yr - ₹40 L/yr 32% less
L&T Construction Engineering Manager Salary 6 - 15 years exp. (160 salaries)	₹8 L/yr - ₹28 L/yr 52% less

Engineering Manager salary at Axis Max Life Insurance ranges between ₹35.7 Lakhs to ₹42.9 Lakhs per year for employees with experience between 11 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Engineering Manager salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹32.1 L/yr - ₹41 L/yr
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14 years (AmbitionBox Estimate)	₹36.4 L/yr - ₹46.5 L/yr

Similar Designation salaries in Axis Max Life Insurance

Senior Engineering Manager Salary

(AmbitionBox Estimate)

₹36.9 L/yr - ₹47.2 L/yr

Delivery Manager Salary

(3 salaries)

₹10 L/yr - ₹20.31 L/yr

Program Manager Salary

(13 salaries)

₹6.15 L/yr - ₹25.12 L/yr

Project Manager Salary

(22 salaries)

₹5.12 L/yr - ₹17 L/yr

Product Manager Salary

(27 salaries)

₹7.2 L/yr - ₹24.9 L/yr

Senior Project Manager Salary

(8 salaries)

₹13 L/yr - ₹20 L/yr

Scrum Master Salary

(5 salaries)

₹5.05 L/yr - ₹13 L/yr

Software Engineer Salary

(13 salaries)

₹4.6 L/yr - ₹15 L/yr

Technical Project Manager Salary

(AmbitionBox Estimate)

₹14 L/yr - ₹17.8 L/yr

Technical Lead Salary

(5 salaries)

₹20.5 L/yr - ₹33 L/yr

Top skills at Axis Max Life Insurance for Engineering Manager

Agile Methodology Technical Leadership Java Agile Stakeholder Management Consulting Product Management Technical Management Product Engineering Engineering Management Delivery Management Analytics Financial Services Information Security Business Strategy

Salary related reviews for Axis Max Life Insurance

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

Assistant Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Feb 2025

2.0

for Salary and Benefits

Likes

The thing is like about max life insurance is salary credit is on time and 2nd and 3rd Saturday is also weekoff.

Dislikes

...they expect high level quality work from employees. Worst management and system. Field work also involved in the low salary. 2 field visit per day.

Salary - Poor

+5 more

Data Scientist in Gurgaon / Gurugram

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

Company culture - Poor

+1 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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Axis Max Life Insurance Engineering Manager Salary FAQs

How the salary growth look like for a Engineering Manager at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
11 years	₹32.1 Lakhs to ₹41.0 Lakhs per year
14 years	₹36.4 Lakhs to ₹46.5 Lakhs per year

and so on.

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Axis Max Life Insurance Engineering Manager Salaries

Axis Max Life Insurance Engineering Manager salary in India ranges between ₹35.7 Lakhs to ₹42.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Engineering Manager salaries in India (Updated 2025)

Companies similar to Axis Max Life Insurance for Engineering Manager

Latest annual salaries shared by Axis Max Life Insurance Engineering Manager

Experience wise Axis Max Life Insurance Engineering Manager salaries

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Engineering Manager

Salary related reviews for Axis Max Life Insurance

Agency Development Manager in Kollam

Assistant Manager in New Delhi

Data Scientist in Gurgaon / Gurugram

Relationship Associate in Raipur

Associate Sales Manager in Mumbai

Axis Max Life Insurance Engineering Manager Salary FAQs

Tell us how to improve this page.