Axis Max Life Insurance Product Development Manager Salaries by 3 Employees

5 - 6 years exp.

₹3.5 Lakhs - ₹14 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

52% less than the average Product Development Manager Salary in Insurance Companies for 5 - 6 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Axis Max Life Insurance for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Product Development Manager Salary 2 - 11 years exp. (5 salaries)	₹16 L/yr - ₹35 L/yr 114% more
HDFC Ergo General Insurance Product Development Manager Salary 2 - 5 years exp. (5 salaries)	₹10.5 L/yr - ₹12 L/yr 10% more
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SBI Life Insurance Company Product Development Manager Salary 3 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr 71% less
Bajaj Allianz Life Insurance Product Development Manager Salary 3 - 16 years exp. (3 salaries)	₹9 L/yr - ₹11.6 L/yr 3% less
PNB MetLife Product Development Manager Salary 6 - 9 years exp. (3 salaries)	₹11 L/yr - ₹14.8 L/yr 24% more
ManipalCigna Health Insurance Product Development Manager Salary 7 - 15 years exp. (3 salaries)	₹9 L/yr - ₹20 L/yr 27% more

Product Development Manager salary at Axis Max Life Insurance ranges between ₹3.5 Lakhs to ₹14 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Product Development Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

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Top skills at Axis Max Life Insurance for Product Development Manager

Finance Life Insurance Project Management Development Management LI Sales Marketing Product Design Competitive Benchmarking Business Analysis

Salary related reviews for Axis Max Life Insurance

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

Aadm in Ghaziabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

Salary come on time

Dislikes

...ing is a drama, just photo session. If you want a support just drama of support. They will ask you to invest your salary for different things Go's meeting, Trips, advertising, pamphlet, etc no conveyance for field work. Half of the salary goes in faltu and than after doing 16 hrs 7days a week work they tell that barat main aaya hai.. so it's better you do a labour job of 8 hrs and Get 500 Rs. Per day.

Skill development - Poor

+5 more

Senior Officer in Amritsar

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Jul 2023

5.0

for Salary and Benefits

Likes

Max is best company in insurance sector Max always appreciate his employee & also pays a good salary, incentive, sizzler to his employee I will again join the max

Salary - Excellent

+4 more

Dislikes

My few colleagues always trying to misguide each other and some have jealousy for someone's being best

Back Office Executive in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 06 Jul 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+4 more

Dislikes

Customer Service Executive in Bikaner

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 24 Sep 2019

5.0

for Salary and Benefits

Likes

Excellent all things

Salary - Excellent

+6 more

Dislikes

Compensation is decent and fast growing, no any work pressure. I have to work 15 to 18 hours straight in a day I have attended claint calls and manage all operation and admin work.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Axis Max Life Insurance Product Development Manager Salary FAQs

How the salary growth look like for a Product Development Manager at Axis Max Life Insurance in India?

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

Experience	Average Salary Range
5 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
6 years	₹3.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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Axis Max Life Insurance Product Development Manager Salaries

Axis Max Life Insurance Product Development Manager salary in India ranges between ₹3.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

Axis Max Life Insurance Product Development Manager salaries in India

Companies similar to Axis Max Life Insurance for Product Development Manager

Latest annual salaries shared by Axis Max Life Insurance Product Development Manager

Experience wise Axis Max Life Insurance Product Development Manager salaries

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Product Development Manager

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Aadm in Ghaziabad

Senior Officer in Amritsar

Back Office Executive in Gurgaon / Gurugram

Customer Service Executive in Bikaner

Axis Max Life Insurance Product Development Manager Salary FAQs

Tell us how to improve this page.