Max Life Insurance Hyderabad / Secunderabad Manager Salaries by 10+ Employees (Updated 2025)

7 - 15 years exp.

₹6 Lakhs - ₹15.5 Lakhs

Salary of majority employees

44% less than the average Manager Salary in Insurance Companies for 7 - 15 years of experience

Interested in this particular role? 11 job openings

Salaries in different departments

Sales & Business Development Manager Salary 8 - 13 years exp. (7 salaries)	₹6 L/yr - ₹8.6 L/yr
Customer Success, Service & Operations Manager Salary 12 years exp. (AmbitionBox Estimate)	₹9.1 L/yr - ₹12.1 L/yr
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Engineering - Software & QA Manager Salary 7 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹12.3 L/yr
Finance & Accounting Manager Salary 15 years exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹12.6 L/yr
Marketing & Communication Manager Salary 8 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹9.7 L/yr

Last Updated: 29 Sep 2024

Companies similar to Max Life Insurance for Manager in Hyderabad / Secunderabad

Max Life Insurance Manager Salary

7 - 15 years exp. (11 salaries)

₹6 L/yr - ₹15.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Manager Salary 2 - 13 years exp. (18 salaries)	₹4.5 L/yr - ₹14.9 L/yr 7% less	1 job opening
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (17 salaries)	₹3.5 L/yr - ₹10 L/yr 17% less
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SBI Life Insurance Company Manager Salary 4 - 16 years exp. (14 salaries)	₹4.8 L/yr - ₹17.5 L/yr 10% more
Tata AIA Life Insurance Manager Salary 4 - 16 years exp. (10 salaries)	₹5.5 L/yr - ₹14.3 L/yr 37% more	16 job openings
Reliance Nippon Life Insurance Manager Salary 2 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹7.5 L/yr 36% less
Kotak Mahindara Life Insurance Manager Salary 1 - 11 years exp. (23 salaries)	₹3.4 L/yr - ₹7 L/yr 42% less
Aditya Birla Sun Life Insurance Manager Salary 0 - 12 years exp. (6 salaries)	₹6.5 L/yr - ₹11 L/yr 2% less
ICICI Lombard General Insurance Company Manager Salary 2 - 15 years exp. (39 salaries)	₹4.6 L/yr - ₹10.7 L/yr 34% less
Shriram Life Insurance Manager Salary 5 - 15 years exp. (26 salaries)	₹4.6 L/yr - ₹15.5 L/yr 1% less
HDFC Ergo General Insurance Manager Salary 4 - 15 years exp. (22 salaries)	₹5 L/yr - ₹13.4 L/yr 2% more
Magma HDI General Insurance Manager Salary 11 - 14 years exp. (4 salaries)	₹11 L/yr - ₹13.5 L/yr 39% more
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SBI General Insurance Manager Salary 1 - 9 years exp. (4 salaries)	₹5.5 L/yr - ₹10 L/yr 9% less
Bajaj Allianz General Insurance Manager Salary 8 - 15 years exp. (3 salaries)	₹13.9 L/yr - ₹25 L/yr 84% more	1 job opening

Manager salary at Max Life Insurance ranges between ₹6 Lakhs to ₹15.5 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 11 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Manager salaries in Hyderabad / Secunderabad

Last Updated: 29 Sep 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹14.6 L/yr
8 years (3 salaries)	₹7 L/yr - ₹9.5 L/yr
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9 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹15.9 L/yr
10 years (AmbitionBox Estimate)	₹6 L/yr - ₹16.6 L/yr
11 years (AmbitionBox Estimate)	₹6 L/yr - ₹17.3 L/yr
12 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹18 L/yr
13 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹15.5 L/yr
14 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
15+ years (AmbitionBox Estimate)	₹9.2 L/yr - ₹20.1 L/yr

View all

From

Manager

₹

Lakhs/yr

5 - 15 years exp.

Assistant Vice President

₹

Lakhs/yr

8 - 23 years exp.

Manager 5 - 15 years exp.

Senior Manager 3 - 17 years exp.

89% hike

Chief Manager 13 - 20 years exp.

31% hike

Similar Designation salaries in Max Life Insurance

Deputy Manager Salary

(44 salaries)

₹3.1 L/yr - ₹6.75 L/yr

Top skills at Max Life Insurance for Manager

Recruitment Financial Services Management Relationship Building Sales

Salary related reviews for Max Life Insurance

Manager in Gurgaon / Gurugram

Sales & Operations Department

3.0

• posted on 01 Apr 2021

3.0

for Salary and Benefits

Likes

Overall it is like other companies, compensation is also good. The most important thing work life balance is not so managed.

Dislikes

Overall it is like other companies only work life balance is missing due to their policies

Company culture - Poor

+1 more

Manager in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 09 Oct 2021

3.0

for Salary and Benefits

Likes

Itnis a good company to work but there is too much politics due to which I had quit the job in this precious time of corona

Dislikes

Salary hike is not there, you have to please your senior's for correcting your salary. I joined max in 2012 at a salry of 2.88 and after 8 years my slaary was 3.88.see the inequality for the employee.

Promotions - Poor

+2 more

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.

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.

Salary - Bad

+6 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Max Life Insurance

View All

thickraspberry

works at

B P Oil Mills

Facing Toxic Culture and Management Issues.

I joined Axis Max Life Insurance, on 24 Dec 2024, After 11 Jan 2025 I started receiving hate and toxic culture from the female L1 Manager BRM. On Axis Max Life Insurance. Because I refused to do their personal work and work on the week off. Because I'm not the licking Employee. Now the female manager starts harassing me. The branch didn't even have the security CCTV Cameras so I don't have a Recording. But I have witnesses. She is too toxic And I feel mentally drained and harassing. What should I do because she is female I can't take unnecessary action. Please share the thoughts and advice and need help asap.

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Max Life Insurance Manager Salary FAQs

What is the salary of Manager at Max Life Insurance Hyderabad / Secunderabad?

Manager salary at Max Life Insurance in Hyderabad / Secunderabad ranges between ₹6.0 Lakhs to ₹15.5 Lakhs for experience between 7 years to 15 years. According to our estimates it is 44% less than the average Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Max Life Insurance Hyderabad / Secunderabad.

How does the salary of a Manager at Max Life Insurance Hyderabad / Secunderabad compare with the average salary range for this job?

The average salary of a Manager at Max Life Insurance is 44% less than the average salary of a Manager in Hyderabad / Secunderabad. 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 Hyderabad / Secunderabad.

Which similar companies are paying more than Max Life Insurance to a Manager in Hyderabad / Secunderabad?

Bajaj Allianz General Insurance Manager Salary - ₹13.9 Lakhs to ₹25.0 Lakhs per year
Magma HDI General Insurance Manager Salary - ₹11.0 Lakhs to ₹13.5 Lakhs per year
Tata AIA Life Insurance Manager Salary - ₹5.5 Lakhs to ₹14.3 Lakhs per year
SBI Life Insurance Company Manager Salary - ₹4.8 Lakhs to ₹17.5 Lakhs per year
HDFC Ergo General Insurance Manager Salary - ₹5.0 Lakhs to ₹13.4 Lakhs per year

What is the salary of a Manager in companies similar to Max Life Insurance in Hyderabad / Secunderabad?

Shriram Life Insurance Manager Salary - ₹4.6 Lakhs to ₹15.5 Lakhs per year
Aditya Birla Sun Life Insurance Manager Salary - ₹6.5 Lakhs to ₹11.0 Lakhs per year
HDFC Life Manager Salary - ₹4.5 Lakhs to ₹14.9 Lakhs per year
SBI General Insurance Manager Salary - ₹5.5 Lakhs to ₹10.0 Lakhs per year
ICICI Prudential Life Insurance Manager Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Manager at Max Life Insurance in Hyderabad / Secunderabad?

The estimated take-home salary of a Manager at Max Life Insurance ranges between ₹67,149 per month to ₹68,869 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average Max Life Insurance Manager salary in India which ranges between ₹6.0 Lakhs to ₹15.5 Lakhs per year for employees with experience between 7 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Manager at Max Life Insurance in Hyderabad / Secunderabad?

According to AmbitionBox, 60% of the Max Life Insurance Managers in Hyderabad / Secunderabad reported a notice period of 1 Month, 20% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Max Life Insurance Manager Salaries in Hyderabad / Secunderabad

Max Life Insurance Manager salary in Hyderabad / Secunderabad ranges between ₹6 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Max Life Insurance latest salaries received from various employees of Max Life Insurance.