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Overall it is like other companies, compensation is also good. The most important thing work life balance is not so managed.
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Annual salary range
5 - 15 years exp.
₹3.7
Lakhs - ₹14
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary47% less than the average Manager Salary in Insurance Companies for 5 - 15 years of experience
Interested in this particular role? 18 job openings
Salaries in different departments
BFSI, Investments & Trading
Manager Salary
5 - 15
years
exp.
(73
salaries)
|  ₹3.6 L/yr - ₹15.1 L/yr |
Customer Success, Service & Operations
Manager Salary
5 - 15
years
exp.
(43
salaries)
| ₹3.5 L/yr - ₹15.6 L/yr |
Login to view exact salary
| |
Sales & Business Development
Manager Salary
5 - 15
years
exp.
(41
salaries)
| ₹3.2 L/yr - ₹12.6 L/yr |
Finance & Accounting
Manager Salary
7 - 15
years
exp.
(10
salaries)
| ₹6 L/yr - ₹15 L/yr |
Marketing & Communication
Manager Salary
5 - 9
years
exp.
(9
salaries)
| ₹5 L/yr - ₹9 L/yr |
View all
Companies similar to Max Life Insurance for Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Manager Salary
1 - 16 years exp. (417 salaries) | ₹4.5 L/yr - ₹15.6 L/yr 
6%
more | 1 job opening |
 ICICI Prudential Life Insurance Manager Salary
1 - 13 years exp. (287 salaries) | ₹3.4 L/yr - ₹12.4 L/yr 
7%
less | |
Login to view exact salary
| ||
 SBI Life Insurance Company Manager Salary
3 - 20 years exp. (301 salaries) | ₹4.5 L/yr - ₹17 L/yr
20%
more | |
 Bajaj Allianz Life Insurance Manager Salary
3 - 18 years exp. (186 salaries) | ₹5.1 L/yr - ₹22 L/yr
50%
more | 1 job opening |
 Tata AIA Life Insurance Manager Salary
4 - 18 years exp. (222 salaries) | ₹6.3 L/yr - ₹22 L/yr
64%
more | 10 job openings |
 Reliance Nippon Life Insurance Manager Salary
2 - 16 years exp. (123 salaries) | ₹2.8 L/yr - ₹11 L/yr
26%
less | |
 Kotak Mahindara Life Insurance Manager Salary
0 - 12 years exp. (567 salaries) | ₹2.8 L/yr - ₹8.5 L/yr
37%
less | |
 Bharti AXA Life Insurance Manager Salary
3 - 16 years exp. (119 salaries) | ₹4.9 L/yr - ₹17.4 L/yr
28%
more | |
 Aditya Birla Sun Life Insurance Manager Salary
0 - 12 years exp. (187 salaries) | ₹4.2 L/yr - ₹16.1 L/yr
9%
more | |
 PNB MetLife Manager Salary
5 - 17 years exp. (79 salaries) | ₹4 L/yr - ₹15.5 L/yr
16%
more | 4 job openings |
View all
Manager salary at Max Life Insurance ranges between ₹3.7
Lakhs
to ₹14
Lakhs
per year for employees with experience between 5 years to 15 years. Salary
estimates are based on
268 latest salaries received
from various employees of Max Life Insurance.
Latest annual salaries shared by Max Life Insurance Manager
5d ago
11
years
exp.
5d ago
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years
exp.
6d ago
10
years
exp.
1w ago
8
years
exp.
1w ago
6
years
exp.
1w ago
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exp.
1w ago
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exp.
1w ago
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exp.
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exp.
2w ago
11
years
exp.
Experience wise Max Life Insurance Manager salaries
Last Updated: 5 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| 5 years (20 salaries) |
₹2.3
L/yr
- ₹11.1
L/yr
|
| 6 years (21 salaries) |
₹3.2
L/yr
- ₹11.9
L/yr
|
Login to view exact salary
| |
| 7 years (28 salaries) |
₹3
L/yr
- ₹12.4
L/yr
|
| 8 years (31 salaries) |
₹3.6
L/yr
- ₹12.2
L/yr
|
| 9 years (29 salaries) |
₹3.4
L/yr
- ₹14.1
L/yr
|
View all
Max Life Insurance Manager
Salary and Career Growth
From
To
Manager
₹
Lakhs/yr
Lakhs/yr
5 - 15 years exp.
Assistant Vice President
₹
Lakhs/yr
Lakhs/yr
8 - 23 years exp.
Manager
5 -
15
years
exp.
Senior Manager
3 -
17
years
exp.
115% hike
Chief Manager
13 -
20
years
exp.
29% hike
Similar Designation salaries in Max Life Insurance
Top skills at Max Life Insurance for Manager
Recruitment
Financial Services
Management
Relationship Building
Sales
Salary related reviews for Max Life Insurance
Discover interview dos and don'ts from real experiences
Top trending discussions
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Salary Discussions, Hike & Promotions
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 Manager Salary FAQs
What is the salary of Manager at Max Life Insurance?
Manager salary at Max Life Insurance in India ranges between ₹3.7 Lakhs to ₹14.0 Lakhs for experience between 5 years to 15 years. According to our estimates it is 47% less than the average Manager Salary in India. Salary estimates are based on 268 latest salaries received from various employees of Max Life Insurance India.
How does the salary of a Manager at Max Life Insurance India compare with the average salary range for this job?
The average salary of a Manager at Max Life Insurance is 47% less than the average salary of a Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Manager at Max Life Insurance?
Recruitment, Financial Services, Management, Relationship Building and Sales are some of the popular skills required to work as a Manager at Max Life Insurance India.
Which similar companies are paying more than Max Life Insurance to a Manager in India?
- AXA Manager Salary - ₹15.0 Lakhs to ₹34.5 Lakhs per year
- United India Insurance Company Manager Salary - ₹10.0 Lakhs to ₹26.0 Lakhs per year
- Bajaj Allianz General Insurance Manager Salary - ₹7.3 Lakhs to ₹30.0 Lakhs per year
- The Oriental Insurance Co. Manager Salary - ₹5.8 Lakhs to ₹20.0 Lakhs per year
- AIG Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
What is the salary of a Manager in companies similar to Max Life Insurance in India?
- Tata AIA Life Insurance Manager Salary - ₹6.3 Lakhs to ₹22.0 Lakhs per year
- Gallagher Manager Salary - ₹8.9 Lakhs to ₹14.0 Lakhs per year
- Royal Sundaram General Insurance Manager Salary - ₹6.1 Lakhs to ₹22.4 Lakhs per year
- Bajaj Allianz Life Insurance Manager Salary - ₹5.1 Lakhs to ₹22.0 Lakhs per year
- Magma HDI General Insurance Manager Salary - ₹9.0 Lakhs to ₹14.0 Lakhs per year
What is the estimated take home salary of a Manager at Max Life Insurance in India?
The estimated take-home salary of a Manager at Max Life Insurance ranges between ₹62,218 per month to ₹63,798 per month in India. The take-home salary calculation is based on the average Max Life Insurance Manager salary in India which ranges between ₹3.7 Lakhs to ₹14.0 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Manager at Max Life Insurance?
According to AmbitionBox, 33% of the Max Life Insurance Managers reported a notice period of 1 Month, 30% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 256 responses on AmbitionBox in last 2 years.
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Max Life Insurance Manager salary
in
India
ranges between ₹3.7
Lakhs to ₹14
Lakhs with an average annual salary of
₹. Salary estimates are based on
268
Max Life Insurance latest salaries received from various employees of
Max Life Insurance.