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Axis Max Life Insurance Manager salaries in Pune (Updated 2025)

Annual salary range
5 - 12 years exp.
₹6 Lakhs - ₹12 Lakhs
Salary of majority employees
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54% less than the average Manager Salary in Insurance Companies for 5 - 12 years of experience

Interested in this particular role? 7 job openings

Salaries in different departments

BFSI, Investments & Trading
Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹5.6 L/yr - ₹12 L/yr

Customer Success, Service & Operations
Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹10.2 L/yr

Sales & Business Development
Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹7.6 L/yr - ₹10 L/yr

Teaching & Training
Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹5.6 L/yr - ₹9 L/yr

Last Updated: 5 Mar 2025

Companies similar to Axis Max Life Insurance for Manager in Pune

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Axis Max Life Insurance Manager Salary

5 - 12 years exp. (6 salaries)

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₹6 L/yr - ₹12 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bajaj Allianz Life Insurance Manager Salary

3 - 18 years exp. (94 salaries)

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₹7.6 L/yr - ₹22 L/yr

arrow icon 87% more
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Bajaj Allianz General Insurance Manager Salary

6 - 19 years exp. (53 salaries)

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₹8.1 L/yr - ₹24 L/yr

arrow icon 130% more
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HDFC Ergo General Insurance Manager Salary

4 - 16 years exp. (29 salaries)

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₹5 L/yr - ₹14 L/yr

arrow icon 29% more
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HDFC Life Manager Salary

2 - 12 years exp. (26 salaries)

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₹4.5 L/yr - ₹14.9 L/yr

arrow icon 9% more
1 job opening
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Kotak Mahindara Life Insurance Manager Salary

0 - 9 years exp. (26 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 35% less
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ICICI Prudential Life Insurance Manager Salary

1 - 12 years exp. (23 salaries)

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₹4.2 L/yr - ₹13 L/yr

arrow icon 4% less
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SBI General Insurance Manager Salary

1 - 9 years exp. (9 salaries)

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₹7.5 L/yr - ₹10.4 L/yr

arrow icon 2% more
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₹6 L/yr - ₹13.5 L/yr

arrow icon 14% more
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₹6.1 L/yr - ₹12.5 L/yr

arrow icon 1% more
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Tata AIA Life Insurance Manager Salary

6 - 17 years exp. (3 salaries)

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₹12.3 L/yr - ₹15 L/yr

arrow icon 73% more
2 job openings
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Shriram Life Insurance Manager Salary

3 - 6 years exp. (3 salaries)

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₹3.6 L/yr - ₹7.9 L/yr

arrow icon 22% less
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₹7.1 L/yr - ₹9 L/yr

arrow icon 2% more
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₹7.5 L/yr - ₹20 L/yr

arrow icon 51% more
1 job opening
Manager salary at Axis Max Life Insurance ranges between ₹6 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Axis Max Life Insurance.

Latest annual salaries shared by Axis Max Life Insurance Manager in Pune

2w ago
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10 years exp.
1mo ago
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5 years exp.
4mo ago
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12 years exp.
7mo ago
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12 years exp.
9mo ago
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7 years exp.

Experience wise Axis Max Life Insurance Manager salaries in Pune

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
7 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.5 L/yr
View all
Axis Max Life Insurance Manager Salary and Career Growth

From

To

Manager

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5 - 15 years exp.

Assistant Vice President

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13 - 24 years exp.

Manager

5 - 15 years exp.
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Senior Manager

3 - 17 years exp.
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arrow icon 125% hike

Chief Manager

7 - 20 years exp.
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arrow icon 28% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Axis Max Life Insurance

Deputy Manager Salary
(84 salaries)
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₹3.05 L/yr - ₹7 L/yr

Top skills at Axis Max Life Insurance for Manager

Recruitment Financial Services Management Sales Relationship Building

Salary related reviews for Axis Max Life Insurance

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.

read more

Dislikes

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

  • Company culture - Poor
  • +1 more

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

read more

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.

read more
  • Promotions - Poor
  • +2 more

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
  • Salary - Bad
  • +6 more

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.

read more

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.

read more
  • Salary - Poor
  • +5 more

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

read more
  • Company culture - Poor
  • +1 more
see more salary related reviews

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Axis Max Life Insurance Manager Salary FAQs

What is the salary of Manager at Axis Max Life Insurance in Pune?
The average salary of a Manager at Axis Max Life Insurance in Pune typically ranges from ₹6.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Manager in Pune at Axis Max Life Insurance earn more than ₹11.7 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. 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 6 Axis Max Life Insurance employees in India.
What is the estimated take home salary of a Manager at Axis Max Life Insurance in Pune?
The estimated take-home salary of a Manager at Axis Max Life Insurance in Pune typically ranges from ₹58,086 to ₹59,549 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 5 years to 12 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 6 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 Manager at Axis Max Life Insurance in Pune?
To be a Manager at Axis Max Life Insurance in Pune, the key skills required include:

  • - Recruitment
  • - Financial Services
  • - Management
  • - Sales
  • - Relationship Building

These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Axis Max Life Insurance for Manager in India?
Bajaj Allianz General Insurance ₹8.1 Lakhs to ₹24.0 Lakhs per year
Bajaj Allianz Life Insurance ₹7.6 Lakhs to ₹22.0 Lakhs per year
Tata AIA Life Insurance ₹12.3 Lakhs to ₹15.0 Lakhs per year
Star Union Dai-ichi Life Insurance ₹7.5 Lakhs to ₹20.0 Lakhs per year
HDFC Ergo General Insurance ₹5.0 Lakhs to ₹14.0 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.
What is the salary of a Manager in companies similar to Axis Max Life Insurance in Pune?
The salary of a Manager at companies similar to Axis Max Life Insurance in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Sun Life Insurance ₹6.0 Lakhs to ₹13.5 Lakhs per year
HDFC Life ₹4.5 Lakhs to ₹14.9 Lakhs per year
ICICI Lombard General Insurance Company ₹7.1 Lakhs to ₹9.0 Lakhs per year
SBI General Insurance ₹7.5 Lakhs to ₹10.4 Lakhs per year
Cholamandalam MS General Insurance ₹6.1 Lakhs to ₹12.5 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 Manager at Axis Max Life Insurance in Pune?
The salary growth for a Manager at Axis Max Life Insurance in Pune depends on factors such as experience, performance, and promotions. On average, a Manager in Pune can expect the following growth trajectory at Axis Max Life Insurance:

Experience Average Salary Range
5 years ₹2.2 Lakhs to ₹7.6 Lakhs per year
6 years ₹5.4 Lakhs to ₹6.9 Lakhs per year
7 years ₹2.6 Lakhs to ₹9.0 Lakhs per year
8 years ₹6.3 Lakhs to ₹8.0 Lakhs per year
and so on.

Tell us how to improve this page.

Axis Max Life Insurance Manager salary in Pune ranges between ₹6 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.