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4.1

based on 5.1k Reviews

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Max Life Insurance Life Insurance Manager salaries in India

Annual salary range
0 - 10 years exp.
₹2.8 Lakhs - ₹5.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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6% more than the average Life Insurance Manager Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Life Insurance Manager Salary
1 - 5 years exp. (3 salaries)
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₹3.6 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Life Insurance Manager Salary
4 - 9 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹5 L/yr

Last Updated: 25 Sep 2024

Companies similar to Max Life Insurance for Life Insurance Manager

Company name Avg Annual Salary Open Jobs
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ICICI Prudential Life Insurance Life Insurance Manager Salary

1 - 4 years exp. (8 salaries)
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₹2.4 L/yr - ₹4 L/yr

arrow icon 10% less
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HDFC Life Life Insurance Manager Salary

1 - 6 years exp. (23 salaries)
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₹3 L/yr - ₹5.2 L/yr

arrow icon 2% less
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SBI Life Insurance Company Life Insurance Manager Salary

3 - 6 years exp. (5 salaries)
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₹2.5 L/yr - ₹5 L/yr

arrow icon 3% more
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Bajaj Allianz Life Insurance Life Insurance Manager Salary

1 - 4 years exp. (4 salaries)
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₹3.3 L/yr - ₹4.5 L/yr

arrow icon 7% less
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Kotak Mahindara Life Insurance Life Insurance Manager Salary

0 - 8 years exp. (6 salaries)
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₹2.8 L/yr - ₹5 L/yr

At par
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Reliance Nippon Life Insurance Life Insurance Manager Salary

0 - 8 years exp. (7 salaries)
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₹1.8 L/yr - ₹4 L/yr

arrow icon 31% less
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Tata AIA Life Insurance Life Insurance Manager Salary

2 - 8 years exp. (13 salaries)
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₹3 L/yr - ₹6.3 L/yr

arrow icon 18% more
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Aditya Birla Sun Life Insurance Life Insurance Manager Salary

1 - 5 years exp. (5 salaries)
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₹3.7 L/yr - ₹4.5 L/yr

arrow icon 2% more
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PNB MetLife Life Insurance Manager Salary

1 - 8 years exp. (8 salaries)
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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 16% less
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Star Union Dai-ichi Life Insurance Life Insurance Manager Salary

3 - 6 years exp. (4 salaries)
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₹2.1 L/yr - ₹4.2 L/yr

arrow icon 11% less
Life Insurance Manager salary at Max Life Insurance ranges between ₹2.8 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 9 latest salaries received from various employees of Max Life Insurance.

Latest annual salaries shared by Max Life Insurance Life Insurance Manager

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Experience wise Max Life Insurance Life Insurance Manager salaries

Last Updated: 25 Sep 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.8 L/yr - ₹6.3 L/yr
1 year (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.6 L/yr
2 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.7 L/yr
View all

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Store Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Area Sales Manager Salary
(47 salaries)
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₹3 L/yr - ₹9.5 L/yr
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(291 salaries)
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(662 salaries)
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₹2.4 L/yr - ₹9 L/yr
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(40 salaries)
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₹7.5 L/yr - ₹19 L/yr
Sales Manager Salary
(605 salaries)
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₹2.3 L/yr - ₹6.22 L/yr
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(251 salaries)
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₹2.4 L/yr - ₹5.15 L/yr
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(342 salaries)
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₹1.1 L/yr - ₹7.03 L/yr
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(6 salaries)
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₹2.8 L/yr - ₹11 L/yr

Salary related reviews for Max Life Insurance

4.0

Rated by 4 employees for salary & benefits

Deputy Manager in Kolkata

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 05 Jan 2024
1.0
 for  Salary and Benefits

Likes

To be very honest . Leaders are not at all good. They don’t treat people with respect. Just Bogus Company I ever worked with.

read more

Dislikes

Everything. Full of Politics. Managers and leaders are not at all good.. Doesn’t provide Exact salary. And the KRA’s don’t match what they said during Interview.

read more

Sales Manager in New Delhi

Full Time

 · 

Sales Department

2.0
  •  posted on 26 Nov 2022
2.0
 for  Salary and Benefits

Likes

...hing About Likes and dislike as company is not my Girlfriend or spouse to love There is only one rule once you perform for any company company will pay. Once you are not favourite for your manager you have to leave the company. No employee want to change the job real truth is employee change their manager.

read more

Business Development Manager in Meerut

Sales & Business Development Department

1.0
  •  posted on 05 Feb 2022
1.0
 for  Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

read more

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0
  •  posted on 12 Apr 2021
5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more

Dislikes

No

Branch Manager

Sales BD Department

5.0
  •  posted on 21 Dec 2018
5.0
 for  Salary and Benefits

Likes

It was very nice expierence to work with Max,very good teammates, nice growth appraisal excellent good salary Yes there is politics ay higher level high mode learning as per industry standards. It was turning point of my life.

read more

Dislikes

Nothing Nothing Nothing

see more salary related reviews

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2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?
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Max Life Insurance Life Insurance Manager Salary FAQs

What is the salary of Life Insurance Manager at Max Life Insurance?
Life Insurance Manager salary at Max Life Insurance in India ranges between ₹2.8 Lakhs to ₹5.5 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 6% more than the average Life Insurance Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Max Life Insurance India.
How does the salary of a Life Insurance Manager at Max Life Insurance India compare with the average salary range for this job?
The average salary of a Life Insurance Manager at Max Life Insurance is 6% more than the average salary of a Life Insurance Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Max Life Insurance to a Life Insurance Manager in India?
  • Tata AIA Life Insurance Life Insurance Manager Salary - ₹3.0 Lakhs to ₹6.3 Lakhs per year
  • SBI Life Insurance Company Life Insurance Manager Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Life Insurance Manager Salary - ₹3.7 Lakhs to ₹4.5 Lakhs per year
What is the salary of a Life Insurance Manager in companies similar to Max Life Insurance in India?
  • Kotak Mahindara Life Insurance Life Insurance Manager Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year
  • HDFC Life Life Insurance Manager Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year
  • Bajaj Allianz Life Insurance Life Insurance Manager Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year
  • ICICI Prudential Life Insurance Life Insurance Manager Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year
  • Star Union Dai-ichi Life Insurance Life Insurance Manager Salary - ₹2.1 Lakhs to ₹4.2 Lakhs per year
What is the estimated take home salary of a Life Insurance Manager at Max Life Insurance in India?
The estimated take-home salary of a Life Insurance Manager at Max Life Insurance ranges between ₹27,766 per month to ₹29,163 per month in India. The take-home salary calculation is based on the average Max Life Insurance Life Insurance Manager salary in India which ranges between ₹2.8 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?
What is the notice period for Life Insurance Manager at Max Life Insurance?
According to AmbitionBox, 37% of the Max Life Insurance Life Insurance Managers reported a notice period of 1 Month, 37% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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Max Life Insurance Life Insurance Manager Salaries by Location

Max Life Insurance Life Insurance Manager salary in India ranges between ₹2.8 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Max Life Insurance latest salaries received from various employees of Max Life Insurance.