Max Life Insurance Managing Partner Salaries by 20+ Employees (Updated 2025)

11 - 22 years exp.

₹14 Lakhs - ₹24.4 Lakhs

Salary of majority employees

43% less than the average Managing Partner Salary in Insurance Companies for 11 - 22 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Managing Partner Salary 12 - 22 years exp. (9 salaries)	₹18.5 L/yr - ₹24.4 L/yr
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BFSI, Investments & Trading Managing Partner Salary 19 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.3 L/yr

Last Updated: 29 Nov 2024

Companies similar to Max Life Insurance for Managing Partner

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Managing Partner Salary 8 - 16 years exp. (5 salaries)	₹10 L/yr - ₹13.8 L/yr 38% less
Kotak Mahindara Life Insurance Managing Partner Salary 0 - 9 years exp. (112 salaries)	₹2.5 L/yr - ₹6.6 L/yr 79% less	2 job openings
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Reliance Nippon Life Insurance Managing Partner Salary 1 - 15 years exp. (114 salaries)	₹3 L/yr - ₹6.6 L/yr 81% less
Aditya Birla Sun Life Insurance Managing Partner Salary 7 - 22 years exp. (6 salaries)	₹9 L/yr - ₹12.9 L/yr 50% less
Deloitte Managing Partner Salary 9 - 24 years exp. (40 salaries)	₹53.1 L/yr - ₹1.4 Cr/yr 301% more

Managing Partner salary at Max Life Insurance ranges between ₹14 Lakhs to ₹24.4 Lakhs per year for employees with experience between 11 years to 22 years. Salary estimates are based on 21 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Managing Partner salaries

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹21 L/yr
12 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹21 L/yr
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13 years (3 salaries)	₹8.1 L/yr - ₹23 L/yr
14 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.3 L/yr
15+ years (16 salaries)	₹14 L/yr - ₹24.4 L/yr

Similar Designation salaries in Max Life Insurance

Management Trainee Salary

(15 salaries)

₹16 L/yr - ₹22 L/yr

Finance Manager Salary

(12 salaries)

₹2.48 L/yr - ₹6 L/yr

Audit Manager Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.2 L/yr

Deputy Manager Salary

(662 salaries)

₹2.4 L/yr - ₹9 L/yr

Proprietor Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Financial Analyst Salary

(8 salaries)

₹3.2 L/yr - ₹5.5 L/yr

Senior Analyst Salary

(9 salaries)

₹5.8 L/yr - ₹18.01 L/yr

Financial Controller Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹47.5 L/yr - ₹52.5 L/yr

Senior Associate Salary

(25 salaries)

₹2.05 L/yr - ₹6.8 L/yr

Top skills at Max Life Insurance for Managing Partner

Supervision Sales Management Recruitment Sales Customer Service Networking Monitoring Management Training Sales Process Financial Services Agency Sales Auditing Matrix Sales Management

Salary related reviews for Max Life Insurance

3.3

Rated by 3 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.

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.

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

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.

Associate Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 01 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Worst management and HR. Management torture Lower level staff for business. Even HR also support manager and they take concall for business. Worst working conditions in Max life Cooperative banca channel I have seen in my life time.

Associate in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 May 2024

1.0

for Salary and Benefits

Likes

Nothing good here

Dislikes

...arget is not complete. Target is so high that you will never receive incentives. Pay is too less and pressure, toxicity and politics is too high.

see more salary related reviews

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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 Managing Partner Salary FAQs

What is the salary of Managing Partner at Max Life Insurance?

Managing Partner salary at Max Life Insurance in India ranges between ₹14.0 Lakhs to ₹24.4 Lakhs for experience between 11 years to 22 years. According to our estimates it is 43% less than the average Managing Partner Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Managing Partner at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Managing Partner at Max Life Insurance is 43% less than the average salary of a Managing Partner in India. To know exact salary insights, login to view.

What are the top skills required to work as a Managing Partner at Max Life Insurance?

Supervision, Sales Management, Recruitment, Sales and Customer Service are some of the popular skills required to work as a Managing Partner at Max Life Insurance India.

Which similar companies are paying more than Max Life Insurance to a Managing Partner in India?

Deloitte Managing Partner Salary - ₹53.1 Lakhs to ₹139.0 Lakhs per year

What is the salary of a Managing Partner in companies similar to Max Life Insurance in India?

ICICI Prudential Life Insurance Managing Partner Salary - ₹10.0 Lakhs to ₹13.8 Lakhs per year
Aditya Birla Sun Life Insurance Managing Partner Salary - ₹9.0 Lakhs to ₹12.9 Lakhs per year
Kotak Mahindara Life Insurance Managing Partner Salary - ₹2.5 Lakhs to ₹6.6 Lakhs per year
Reliance Nippon Life Insurance Managing Partner Salary - ₹3.0 Lakhs to ₹6.6 Lakhs per year

What is the estimated take home salary of a Managing Partner at Max Life Insurance in India?

The estimated take-home salary of a Managing Partner at Max Life Insurance ranges between ₹1,32,295 per month to ₹1,37,140 per month in India. The take-home salary calculation is based on the average Max Life Insurance Managing Partner salary in India which ranges between ₹14.0 Lakhs to ₹24.4 Lakhs per year for employees with experience between 11 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Managing Partner at Max Life Insurance?

According to AmbitionBox, 77% of the Max Life Insurance Managing Partners reported a notice period of 3 Months, 8% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Max Life Insurance Managing Partner Salaries

Max Life Insurance Managing Partner salary in India ranges between ₹14 Lakhs to ₹24.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Max Life Insurance latest salaries received from various employees of Max Life Insurance.