Axis Max Life Insurance Gurgaon / Gurugram Procurement Manager Salaries by 4 Employees

10 - 13 years exp.

₹12 Lakhs - ₹17 Lakhs

Salary of majority employees

13% less than the average Procurement Manager Salary in Insurance Companies for 10 - 13 years of experience

Interested in this particular role? 3 job openings

Last Updated: 13 Mar 2024

Companies similar to Axis Max Life Insurance for Procurement Manager in Gurgaon / Gurugram

Axis Max Life Insurance Procurement Manager Salary

10 - 13 years exp. (4 salaries)

₹12 L/yr - ₹17 L/yr

Company name	Avg Annual Salary	Open Jobs
PNB MetLife Procurement Manager Salary 10 - 14 years exp. (4 salaries)	₹10.3 L/yr - ₹13 L/yr 23% less
Reckitt Benckiser Procurement Manager Salary 8 - 17 years exp. (18 salaries)	₹31 L/yr - ₹45 L/yr 159% more
Login to view exact salary
BT Group Procurement Manager Salary 10 - 21 years exp. (17 salaries)	₹15.4 L/yr - ₹36.5 L/yr 84% more	1 job opening
RSPL Group Procurement Manager Salary 8 - 20 years exp. (15 salaries)	₹9.1 L/yr - ₹20 L/yr At par
BT Business Procurement Manager Salary 11 - 17 years exp. (14 salaries)	₹22.4 L/yr - ₹37.1 L/yr 98% more

Procurement Manager salary at Axis Max Life Insurance ranges between ₹12 Lakhs to ₹17 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Procurement Manager salaries in Gurgaon / Gurugram

Last Updated: 13 Mar 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
12 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
Login to view exact salary
13 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr

Similar Designation salaries in Axis Max Life Insurance

Assistant Manager Procurement Salary

(4 salaries)

₹6.5 L/yr - ₹7.3 L/yr

Procurement Executive Salary

(4 salaries)

₹2.7 L/yr - ₹5.2 L/yr

Senior Executive Procurement Salary

(4 salaries)

₹3 L/yr - ₹5.2 L/yr

Top skills at Axis Max Life Insurance for Procurement Manager

Procurement RFP RFQ Ariba Oracle Relationship Management Strategic Sourcing Vendor Management Analytical Procurement Order Management Purchase Customer Satisfaction Process Enhancement Purchase Management

Salary related reviews for Axis Max Life Insurance

3.0

Rated by 1 employees for salary & benefits

Agency Development Manager in Kollam

Full Time

Sales & Business Development Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Second Saturday and Sunday, third Saturday and Sundays are off. No other perks.

Dislikes

... from you. More than 5 persons already left the office with their toxic culture. Don't trust their words during interview they will give a package which is lesser than your current ctc and will give excuses as you will earn promotions in a fast track mode. nothing doing you will not meet their unrealistic targets. Hope my review will help future comers. thank you.

Salary - Poor

+6 more

Assistant Manager in New Delhi

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.

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.

Salary - Poor

+5 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

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.

Salary - Poor

+6 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Axis Max Life Insurance Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Axis Max Life Insurance in Gurgaon / Gurugram?

The average salary of a Procurement Manager at Axis Max Life Insurance in Gurgaon / Gurugram typically ranges from ₹12.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of Procurement Manager in Gurgaon / Gurugram at Axis Max Life Insurance earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Procurement 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 4 Axis Max Life Insurance employees in India.

What is the estimated take home salary of a Procurement Manager at Axis Max Life Insurance in Gurgaon / Gurugram?

The estimated take-home salary of a Procurement Manager at Axis Max Life Insurance in Gurgaon / Gurugram typically ranges from ₹1,00,858 to ₹1,03,607 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 10 years to 13 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 4 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 Procurement Manager at Axis Max Life Insurance in Gurgaon / Gurugram?

To be a Procurement Manager at Axis Max Life Insurance in Gurgaon / Gurugram, the key skills required include:

- Procurement
- RFP
- RFQ
- Ariba
- Oracle

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 Procurement Manager in India?

Reckitt Benckiser	₹31.0 Lakhs to ₹45.0 Lakhs per year
BT Business	₹22.4 Lakhs to ₹37.1 Lakhs per year
BT Group	₹15.4 Lakhs to ₹36.5 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 Procurement Manager in companies similar to Axis Max Life Insurance in Gurgaon / Gurugram?

The salary of a Procurement Manager at companies similar to Axis Max Life Insurance in Gurgaon / Gurugram varies, depending on the role, experience, and company size. Here are the typical salary ranges:

RSPL Group	₹9.1 Lakhs to ₹20.0 Lakhs per year
PNB MetLife	₹10.3 Lakhs to ₹13.0 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 Procurement Manager at Axis Max Life Insurance in Gurgaon / Gurugram?

The salary growth for a Procurement Manager at Axis Max Life Insurance in Gurgaon / Gurugram depends on factors such as experience, performance, and promotions. On average, a Procurement Manager in Gurgaon / Gurugram can expect the following growth trajectory at Axis Max Life Insurance:

Experience	Average Salary Range
10 years	₹11.0 Lakhs to ₹14.0 Lakhs per year
12 years	₹10.8 Lakhs to ₹13.8 Lakhs per year
13 years	₹15.3 Lakhs to ₹19.5 Lakhs per year

and so on.

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Axis Max Life Insurance Procurement Manager Salaries in Gurgaon / Gurugram

Axis Max Life Insurance Procurement Manager salary in Gurgaon / Gurugram ranges between ₹12 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.