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Axis Max Life Insurance HR Manager salaries in Mumbai

Annual salary range
8 - 14 years exp.
₹10.3 Lakhs - ₹17 Lakhs
Salary of majority employees
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18% more than the average HR Manager Salary in Insurance Companies for 8 - 14 years of experience

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Last Updated: 26 Sep 2024

Companies similar to Axis Max Life Insurance for HR Manager in Mumbai

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Axis Max Life Insurance HR Manager Salary

8 - 14 years exp. (4 salaries)

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₹10.3 L/yr - ₹17 L/yr

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HR Manager salary at Axis Max Life Insurance ranges between ₹10.3 Lakhs to ₹17 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Max Life Insurance.

Latest annual salaries shared by Axis Max Life Insurance HR Manager in Mumbai

6mo ago
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11 years exp.

Experience wise Axis Max Life Insurance HR Manager salaries in Mumbai

Last Updated: 26 Sep 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹12.8 L/yr - ₹16.4 L/yr
9 years (AmbitionBox Estimate)

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₹13.2 L/yr - ₹16.8 L/yr
10 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr
11 years (AmbitionBox Estimate)

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₹13.8 L/yr - ₹17.6 L/yr
12 years (AmbitionBox Estimate)

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₹14.1 L/yr - ₹18 L/yr
View all

Similar Designation salaries in Axis Max Life Insurance

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₹4.5 L/yr - ₹8.05 L/yr
HR Executive Salary
(6 salaries)
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₹2 L/yr - ₹4.11 L/yr
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₹2.1 L/yr - ₹10.4 L/yr
HR Retainer Salary
(3 salaries)
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₹1.8 L/yr - ₹2.7 L/yr

Top skills at Axis Max Life Insurance for HR Manager

Employee Engagement Recruitment HR Business HR HR Operations Performance Management System Talent Management Analytical Financial Services Staffing Relationship Management Employee Retention HR Analytics Employee Grievances Human Resource Management

Salary related reviews for Axis Max Life Insurance

3.0

Rated by 1 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +6 more

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.

read more

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.

read more
  • Salary - Poor
  • +5 more

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
see more salary related reviews

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Axis Max Life Insurance HR Manager Salary FAQs

What is the salary of HR Manager at Axis Max Life Insurance in Mumbai?
The average salary of a HR Manager at Axis Max Life Insurance in Mumbai typically ranges from ₹10.3 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 8 years to 14 years).

The top 10% of HR Manager in Mumbai at Axis Max Life Insurance earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. HR Manager Salaries at Axis Max Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Axis Max Life Insurance employees in India.
What is the estimated take home salary of a HR Manager at Axis Max Life Insurance in Mumbai?
The estimated take-home salary of a HR Manager at Axis Max Life Insurance in Mumbai typically ranges from ₹1,05,460 to ₹1,08,358 per month. This is based on the average salary range of ₹10.3 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 8 years to 14 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a HR Manager at Axis Max Life Insurance in Mumbai?
To be a HR Manager at Axis Max Life Insurance in Mumbai, the key skills required include:

  • - Employee Engagement
  • - Recruitment
  • - HR
  • - Business HR
  • - HR Operations

These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Axis Max Life Insurance for HR Manager in India?
Tata AIA Life Insurance ₹13.0 Lakhs to ₹20.0 Lakhs per year
Bajaj Allianz Life Insurance ₹15.0 Lakhs to ₹16.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.
What is the salary of a HR Manager in companies similar to Axis Max Life Insurance in Mumbai?
The salary of a HR Manager at companies similar to Axis Max Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Union Dai-ichi Life Insurance ₹11.0 Lakhs to ₹22.0 Lakhs per year
ICICI Prudential Life Insurance ₹8.5 Lakhs to ₹22.0 Lakhs per year
HDFC Life ₹9.0 Lakhs to ₹21.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹5.8 Lakhs to ₹15.0 Lakhs per year
Magma HDI General Insurance ₹10.0 Lakhs to ₹15.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a HR Manager at Axis Max Life Insurance in Mumbai?
The salary growth for a HR Manager at Axis Max Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a HR Manager in Mumbai can expect the following growth trajectory at Axis Max Life Insurance:

Experience Average Salary Range
8 years ₹12.8 Lakhs to ₹16.4 Lakhs per year
9 years ₹13.2 Lakhs to ₹16.8 Lakhs per year
10 years ₹13.5 Lakhs to ₹17.2 Lakhs per year
11 years ₹13.8 Lakhs to ₹17.6 Lakhs per year
and so on.

Tell us how to improve this page.

Axis Max Life Insurance HR Manager salary in Mumbai ranges between ₹10.3 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.