Max Life Insurance New Delhi Product Manager Salaries by 3 Employees (Updated 2025)

5 - 8 years exp.

₹15.6 Lakhs - ₹24 Lakhs

Low Confidence

Salary of majority employees

15% less than the average Product Manager Salary in Insurance Companies for 5 - 8 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Max Life Insurance for Product Manager in New Delhi

Max Life Insurance Product Manager Salary

5 - 8 years exp. (3 salaries)

₹15.6 L/yr - ₹24 L/yr

Company name	Avg Annual Salary	Open Jobs
PNB MetLife Product Manager Salary 2 - 5 years exp. (3 salaries)	₹20 L/yr - ₹25 L/yr 21% more
ICICI Lombard General Insurance Company Product Manager Salary 1 - 7 years exp. (16 salaries)	₹6 L/yr - ₹19.2 L/yr 30% less
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Care Health Insurance Product Manager Salary 0 - 5 years exp. (12 salaries)	₹8 L/yr - ₹13 L/yr 46% less
ICICI Bank Product Manager Salary 0 - 11 years exp. (127 salaries)	₹8.2 L/yr - ₹30 L/yr 6% more
Paytm Product Manager Salary 1 - 6 years exp. (80 salaries)	₹13 L/yr - ₹36 L/yr 35% more

Product Manager salary at Max Life Insurance ranges between ₹15.6 Lakhs to ₹24 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Product Manager salaries in New Delhi

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹18.3 L/yr
6 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹18.3 L/yr
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7 years (AmbitionBox Estimate)	₹17 L/yr - ₹21.7 L/yr
8 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹24 L/yr

Similar Designation salaries in Max Life Insurance

Deputy Manager Salary

(145 salaries)

₹2.7 L/yr - ₹7.75 L/yr

Senior Product Manager Salary

(11 salaries)

₹19 L/yr - ₹31 L/yr

Product Owner Salary

(4 salaries)

₹15 L/yr - ₹30 L/yr

Digital Product Manager Salary

(3 salaries)

₹13 L/yr - ₹21 L/yr

Top skills at Max Life Insurance for Product Manager

Product Management Analytics Agile Business Strategy Scrum Stakeholder Management Project Management Consulting EMC Product Life Cycle Management Financial Services Information Security Agile Methodology Life Insurance Data Analytics

Salary related reviews for 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

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

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.

Salary - Bad

+6 more

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What people are saying about Max Life Insurance

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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 Product Manager Salary FAQs

What is the notice period for Product Manager at Max Life Insurance in New Delhi?

According to AmbitionBox, 100% of the Max Life Insurance Product Managers in New Delhi reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Max Life Insurance Product Manager Salaries in New Delhi

Max Life Insurance Product Manager salary in New Delhi ranges between ₹15.6 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Max Life Insurance latest salaries received from various employees of Max Life Insurance.