Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryAt par with the average Insurance Manager Salary in Insurance Companies for 1 - 8 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Insurance Manager Salary
3 - 7
years
exp.
(6
salaries)
|  ₹3.5 L/yr - ₹4.5 L/yr |
Customer Success, Service & Operations
Insurance Manager Salary
1 - 6
years
exp.
(AmbitionBox Estimate)
| ₹3.5 L/yr - ₹4.5 L/yr |
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| |
Finance & Accounting
Insurance Manager Salary
3
years
exp.
(AmbitionBox Estimate)
| ₹3.3 L/yr - ₹3.5 L/yr |
Sales & Business Development
Insurance Manager Salary
8
years
exp.
(AmbitionBox Estimate)
| ₹3.4 L/yr - ₹4.5 L/yr |
Companies similar to Axis Max Life Insurance for Insurance Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 PNB MetLife Insurance Manager Salary
0 - 8 years exp. (67 salaries) | ₹0.6 L/yr - ₹5.3 L/yr 
9%
less | |
 HDFC Life Insurance Manager Salary
1 - 6 years exp. (50 salaries) | ₹2.5 L/yr - ₹6 L/yr
5%
less | |
Login to view exact salary
| ||
 Bajaj Allianz Life Insurance Insurance Manager Salary
1 - 7 years exp. (45 salaries) | ₹1.5 L/yr - ₹6 L/yr
9%
less | |
 Reliance Nippon Life Insurance Insurance Manager Salary
1 - 11 years exp. (26 salaries) | ₹1.8 L/yr - ₹5 L/yr
13%
less | |
 Tata AIA Life Insurance Insurance Manager Salary
3 - 9 years exp. (26 salaries) | ₹2.6 L/yr - ₹7.7 L/yr 
14%
more | |
 Kotak Mahindara Life Insurance Insurance Manager Salary
1 - 8 years exp. (21 salaries) | ₹2.5 L/yr - ₹5.9 L/yr
2%
less | |
 ICICI Prudential Life Insurance Insurance Manager Salary
1 - 9 years exp. (18 salaries) | ₹2.8 L/yr - ₹5 L/yr
14%
less | |
 ICICI Lombard General Insurance Company Insurance Manager Salary
3 - 13 years exp. (15 salaries) | ₹2.4 L/yr - ₹8 L/yr
7%
more | |
 Shriram Life Insurance Insurance Manager Salary
2 - 15 years exp. (13 salaries) | ₹1 L/yr - ₹5 L/yr
15%
less | |
 SBI Life Insurance Company Insurance Manager Salary
3 - 12 years exp. (13 salaries) | ₹2.5 L/yr - ₹4.5 L/yr
4%
less | |
 Cholamandalam MS General Insurance Insurance Manager Salary
3 - 9 years exp. (9 salaries) | ₹3 L/yr - ₹5.9 L/yr
8%
more | |
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| ||
 Aditya Birla Sun Life Insurance Insurance Manager Salary
2 - 9 years exp. (8 salaries) | ₹3 L/yr - ₹5.6 L/yr
5%
less | |
 HDFC Ergo General Insurance Insurance Manager Salary
5 - 11 years exp. (8 salaries) | ₹4 L/yr - ₹9.4 L/yr
51%
more | |
 SBI General Insurance Insurance Manager Salary
0 - 16 years exp. (7 salaries) | ₹2.4 L/yr - ₹7.5 L/yr
17%
more | |
 Star Union Dai-ichi Life Insurance Insurance Manager Salary
3 - 8 years exp. (7 salaries) | ₹2.1 L/yr - ₹3.6 L/yr
18%
less | |
 Bajaj Allianz General Insurance Insurance Manager Salary
0 - 5 years exp. (6 salaries) | ₹2.5 L/yr - ₹4.6 L/yr
5%
more | |
 Aviva Life Insurance India Insurance Manager Salary
4 - 10 years exp. (5 salaries) | ₹3.3 L/yr - ₹5.5 L/yr
3%
more | |
 Magma HDI General Insurance Insurance Manager Salary
0 - 15 years exp. (4 salaries) | ₹3.7 L/yr - ₹6 L/yr
17%
more | |
 Life Insurance Corporation of India Insurance Manager Salary
2 - 15 years exp. (4 salaries) | ₹3.3 L/yr - ₹6 L/yr
19%
more | |
 Star Health & Allied Insurance Insurance Manager Salary
9 - 11 years exp. (4 salaries) | ₹4.3 L/yr - ₹7.3 L/yr
14%
more | |
Latest annual salaries shared by Axis Max Life Insurance Insurance Manager
Experience wise Axis Max Life Insurance Insurance Manager salaries
Last Updated: 4 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 1 year (3 salaries) |
₹2.3
L/yr
- ₹4.2
L/yr
|
| 2 years (4 salaries) |
₹2.3
L/yr
- ₹3.9
L/yr
|
Login to view exact salary
| |
| 3 years (5 salaries) |
₹3
L/yr
- ₹4.5
L/yr
|
| 4 years (3 salaries) |
₹3.5
L/yr
- ₹4.1
L/yr
|
| 5 years (5 salaries) |
₹2.8
L/yr
- ₹5
L/yr
|
Similar Designation salaries in Axis Max Life Insurance
Top skills at Axis Max Life Insurance for Insurance Manager
Salary related reviews for Axis Max Life Insurance
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What people are saying about Axis Max Life Insurance
Axis Max Life Insurance Insurance Manager Salary FAQs
The top 10% of Insurance Manager at Axis Max Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Insurance 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 20+ Axis Max Life Insurance employees in India.
- - Life Insurance
- - agency
- - Sales
- - Agent Recruitment
These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.
| The New India Assurance Co. | ₹1.2 Lakhs to ₹15.0 Lakhs per year |
| HDFC Ergo General Insurance | ₹4.0 Lakhs to ₹9.4 Lakhs per year |
| Life Insurance Corporation of India | ₹3.3 Lakhs to ₹6.0 Lakhs per year |
| SBI General Insurance | ₹2.4 Lakhs to ₹7.5 Lakhs per year |
| Magma HDI General Insurance | ₹3.7 Lakhs to ₹6.0 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.
| ManipalCigna Health Insurance | ₹3.5 Lakhs to ₹6.5 Lakhs per year |
| Tata AIA Life Insurance | ₹2.6 Lakhs to ₹7.7 Lakhs per year |
| Star Health & Allied Insurance | ₹4.3 Lakhs to ₹7.3 Lakhs per year |
| Cholamandalam MS General Insurance | ₹3.0 Lakhs to ₹5.9 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹2.4 Lakhs to ₹8.0 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.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹2.3 Lakhs to ₹4.2 Lakhs per year |
| 2 years | ₹2.3 Lakhs to ₹3.9 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹4.5 Lakhs per year |
| 4 years | ₹3.5 Lakhs to ₹4.1 Lakhs per year |
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Axis Max Life Insurance Insurance Manager Salaries by Location
- Axis Max Life Insurance Insurance Manager salaries in Bikaner
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Axis Max Life Insurance Insurance Manager salary
in
India
ranges between ₹2.3
Lakhs to ₹5
Lakhs with an average annual salary of
₹. Salary estimates are based on
25
Axis Max Life Insurance latest salaries received from various employees of
Axis Max Life Insurance.