Axis Max Life Insurance New Delhi HR Manager Salaries by 7 Employees

8 - 15 years exp.

₹10 Lakhs - ₹23 Lakhs

Avg. annual salary

Monthly In-hand Salary

33% more than the average HR Manager Salary in Insurance Companies for 8 - 15 years of experience

Interested in this particular role?

Last Updated: 17 Nov 2024

Companies similar to Axis Max Life Insurance for HR Manager in New Delhi

Axis Max Life Insurance HR Manager Salary

8 - 15 years exp. (7 salaries)

₹10 L/yr - ₹23 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company HR Manager Salary 3 - 10 years exp. (10 salaries)	₹4.7 L/yr - ₹10 L/yr 62% less
ICICI Prudential Life Insurance HR Manager Salary 1 - 6 years exp. (7 salaries)	₹6 L/yr - ₹10 L/yr 42% less
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Reliance Nippon Life Insurance HR Manager Salary 2 - 4 years exp. (4 salaries)	₹13.4 L/yr - ₹18.5 L/yr 12% less
HDFC Ergo General Insurance HR Manager Salary 6 - 14 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 36% less
Tata AIA Life Insurance HR Manager Salary 10 - 13 years exp. (3 salaries)	₹9 L/yr - ₹16 L/yr 4% less

HR Manager salary at Axis Max Life Insurance ranges between ₹10 Lakhs to ₹23 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance HR Manager salaries in New Delhi

Last Updated: 17 Nov 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.3 L/yr
9 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.7 L/yr
Login to view exact salary
10 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr
11 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr
12 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
13 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
14 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.7 L/yr
15+ years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.1 L/yr

View all

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Manager Learning & Development Salary

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HR Retainer Salary

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₹3 L/yr - ₹3.45 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

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 HR Manager Salary FAQs

What is the salary of HR Manager at Axis Max Life Insurance in New Delhi?

The average salary of a HR Manager at Axis Max Life Insurance in New Delhi typically ranges from ₹10.0 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of HR Manager in New Delhi at Axis Max Life Insurance earn more than ₹22.8 Lakhs per year, and the top 1% earn over ₹23.0 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 7 Axis Max Life Insurance employees in India.

What is the estimated take home salary of a HR Manager at Axis Max Life Insurance in New Delhi?

The estimated take-home salary of a HR Manager at Axis Max Life Insurance in New Delhi typically ranges from ₹1,09,866 to ₹1,12,906 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 8 years to 15 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 7 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 New Delhi?

To be a HR Manager at Axis Max Life Insurance in New Delhi, 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.

What is the salary of a HR Manager in companies similar to Axis Max Life Insurance in New Delhi?

The salary of a HR Manager at companies similar to Axis Max Life Insurance in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance	₹9.0 Lakhs to ₹16.0 Lakhs per year
Reliance Nippon Life Insurance	₹13.4 Lakhs to ₹18.5 Lakhs per year
HDFC Ergo General Insurance	₹9.0 Lakhs to ₹16.0 Lakhs per year
ICICI Prudential Life Insurance	₹6.0 Lakhs to ₹10.0 Lakhs per year
ICICI Lombard General Insurance Company	₹4.7 Lakhs to ₹10.0 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 New Delhi?

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

Experience	Average Salary Range
8 years	₹13.5 Lakhs to ₹17.3 Lakhs per year
9 years	₹13.8 Lakhs to ₹17.7 Lakhs per year
10 years	₹14.2 Lakhs to ₹18.1 Lakhs per year
11 years	₹14.5 Lakhs to ₹18.5 Lakhs per year

and so on.

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Axis Max Life Insurance HR Manager Salaries in New Delhi

Axis Max Life Insurance HR Manager salary in New Delhi ranges between ₹10 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.