Max Life Insurance Project Manager Salaries by 20+ Employees (Updated 2025)

2 - 14 years exp.

₹5.1 Lakhs - ₹17 Lakhs

Salary of majority employees

31% less than the average Project Manager Salary in Insurance Companies for 2 - 14 years of experience

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Salaries in different departments

Project & Program Management Project Manager Salary 3 - 9 years exp. (5 salaries)	₹4.4 L/yr - ₹17 L/yr
Consulting Project Manager Salary 3 - 12 years exp. (4 salaries)	₹9 L/yr - ₹14 L/yr
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UX, Design & Architecture Project Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹13.2 L/yr
Procurement & Supply Chain Project Manager Salary 12 - 14 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹17 L/yr

Last Updated: 1 Jan 2025

Companies similar to Max Life Insurance for Project Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Project Manager Salary 1 - 6 years exp. (37 salaries)	₹2.8 L/yr - ₹11.4 L/yr 46% less
HDFC Life Project Manager Salary 1 - 12 years exp. (19 salaries)	₹6.6 L/yr - ₹18 L/yr 2% more
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SBI Life Insurance Company Project Manager Salary 4 - 17 years exp. (7 salaries)	₹6.8 L/yr - ₹14.5 L/yr 6% less
Bajaj Allianz Life Insurance Project Manager Salary 1 - 9 years exp. (55 salaries)	₹6.6 L/yr - ₹18.3 L/yr 10% more
Kotak Mahindara Life Insurance Project Manager Salary 1 - 15 years exp. (15 salaries)	₹6.5 L/yr - ₹22 L/yr 6% more
Reliance Nippon Life Insurance Project Manager Salary 3 - 8 years exp. (6 salaries)	₹5.6 L/yr - ₹18.5 L/yr 7% less
Tata AIA Life Insurance Project Manager Salary 5 - 16 years exp. (16 salaries)	₹12.5 L/yr - ₹25 L/yr 73% more	1 job opening
Aditya Birla Sun Life Insurance Project Manager Salary 1 - 8 years exp. (5 salaries)	₹5 L/yr - ₹19.2 L/yr 6% less
PNB MetLife Project Manager Salary 4 - 16 years exp. (5 salaries)	₹9 L/yr - ₹12.2 L/yr 3% less
SBI General Insurance Project Manager Salary 1 - 14 years exp. (18 salaries)	₹8 L/yr - ₹20.5 L/yr 1% more
Care Health Insurance Project Manager Salary 0 - 11 years exp. (17 salaries)	₹2.5 L/yr - ₹6.5 L/yr 59% less	1 job opening
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HDFC Ergo General Insurance Project Manager Salary 2 - 14 years exp. (16 salaries)	₹10 L/yr - ₹17.6 L/yr 16% more
ICICI Lombard General Insurance Company Project Manager Salary 0 - 15 years exp. (14 salaries)	₹6.6 L/yr - ₹28.3 L/yr 33% more
Bajaj Allianz General Insurance Project Manager Salary 2 - 14 years exp. (10 salaries)	₹4.7 L/yr - ₹16.5 L/yr 2% less
Star Health & Allied Insurance Project Manager Salary 11 - 18 years exp. (7 salaries)	₹8 L/yr - ₹27 L/yr 35% more
Cholamandalam MS General Insurance Project Manager Salary 12 - 20 years exp. (6 salaries)	₹17.8 L/yr - ₹34.8 L/yr 95% more
Star Union Dai-ichi Life Insurance Project Manager Salary 0 - 19 years exp. (6 salaries)	₹14 L/yr - ₹20 L/yr 46% more
Allianz Project Manager Salary 10 - 15 years exp. (6 salaries)	₹16 L/yr - ₹25 L/yr 85% more
Shriram Life Insurance Project Manager Salary 9 - 12 years exp. (5 salaries)	₹8 L/yr - ₹18 L/yr 13% more
AIG Project Manager Salary 10 - 14 years exp. (5 salaries)	₹14.9 L/yr - ₹19.2 L/yr 44% more

View all

Project Manager salary at Max Life Insurance ranges between ₹5.1 Lakhs to ₹17 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 22 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Project Manager salaries

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹14 L/yr
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹14 L/yr
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4 years (3 salaries)	₹4.3 L/yr - ₹12.1 L/yr
5 years (4 salaries)	₹6 L/yr - ₹13.1 L/yr
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹20.3 L/yr
7 years (AmbitionBox Estimate)	₹9 L/yr - ₹20.9 L/yr
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹21.4 L/yr
9 years (AmbitionBox Estimate)	₹9 L/yr - ₹17 L/yr
10 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
11 years (AmbitionBox Estimate)	₹10 L/yr - ₹23.1 L/yr
12 years (3 salaries)	₹5.5 L/yr - ₹15 L/yr
13 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
14 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹15 L/yr

View all

Similar Designation salaries in Max Life Insurance

Product Manager Salary

(26 salaries)

₹7.2 L/yr - ₹30 L/yr

Program Manager Salary

(12 salaries)

₹6.7 L/yr - ₹25.57 L/yr

Agile Project Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Senior Project Manager Salary

(8 salaries)

₹18 L/yr - ₹24 L/yr

Delivery Manager Salary

(3 salaries)

₹10 L/yr - ₹20.31 L/yr

Engineering Manager Salary

(AmbitionBox Estimate)

₹35.4 L/yr - ₹45.2 L/yr

Scrum Master Salary

(5 salaries)

₹5.05 L/yr - ₹13 L/yr

Technical Project Manager Salary

(AmbitionBox Estimate)

₹14 L/yr - ₹17.8 L/yr

Business Analyst Salary

(39 salaries)

₹3 L/yr - ₹11.62 L/yr

Technical Lead Salary

(5 salaries)

₹20.5 L/yr - ₹33 L/yr

Top skills at Max Life Insurance for Project Manager

Networking Relationship Management Market Intelligence Financial Services Portfolio Management Sales Process Financial Services Business Transformation Market Intelligence Sales Process Strategic Business Planning Relationship Management Data Management Distribution Network Product Management

Salary related reviews for Max Life Insurance

5.0

Rated by 2 employees for salary & benefits

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

Agency Development Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Salary is good

Salary - Good

+1 more

Dislikes

Lack of training, harrasment candidate for work , lack of field help , managers are not supportive they just bark but don't motivate agency manager at every hour . Mentally torture the candidate for work and pressurized day night equally, call anytime without thinking it's an off or weak day holiday. Never think about personal life also the manager are shameless because they trespass their manager homes without intimation and do misbehave with everyone in office. The management is not good so do not join max life

Skill development - Bad

+4 more

see more salary related reviews

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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 Project Manager Salary FAQs

What is the salary of Project Manager at Max Life Insurance?

Project Manager salary at Max Life Insurance in India ranges between ₹5.1 Lakhs to ₹17.0 Lakhs for experience between 2 years to 14 years. According to our estimates it is 31% less than the average Project Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Project Manager at Max Life Insurance is 31% less than the average salary of a Project Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Project Manager at Max Life Insurance?

Networking, Relationship Management, Market Intelligence, Financial Services and Portfolio Management are some of the popular skills required to work as a Project Manager at Max Life Insurance India.

Which similar companies are paying more than Max Life Insurance to a Project Manager in India?

AXA Project Manager Salary - ₹16.0 Lakhs to ₹70.0 Lakhs per year
Gallagher Project Manager Salary - ₹17.0 Lakhs to ₹38.0 Lakhs per year
Cholamandalam MS General Insurance Project Manager Salary - ₹17.8 Lakhs to ₹34.8 Lakhs per year
Allianz Project Manager Salary - ₹16.0 Lakhs to ₹25.0 Lakhs per year
Tata AIA Life Insurance Project Manager Salary - ₹12.5 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Project Manager in companies similar to Max Life Insurance in India?

Aviva Life Insurance India Project Manager Salary - ₹15.5 Lakhs to ₹20.7 Lakhs per year
Star Union Dai-ichi Life Insurance Project Manager Salary - ₹14.0 Lakhs to ₹20.0 Lakhs per year
AIG Project Manager Salary - ₹14.9 Lakhs to ₹19.2 Lakhs per year
Star Health & Allied Insurance Project Manager Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year
ICICI Lombard General Insurance Company Project Manager Salary - ₹6.6 Lakhs to ₹28.3 Lakhs per year

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

The estimated take-home salary of a Project Manager at Max Life Insurance ranges between ₹84,656 per month to ₹86,870 per month in India. The take-home salary calculation is based on the average Max Life Insurance Project Manager salary in India which ranges between ₹5.1 Lakhs to ₹17.0 Lakhs per year for employees with experience between 2 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Project Manager at Max Life Insurance?

According to AmbitionBox, 58% of the Max Life Insurance Project Managers reported a notice period of 1 Month, 25% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Max Life Insurance Project Manager Salaries

Max Life Insurance Project Manager salary in India ranges between ₹5.1 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Max Life Insurance latest salaries received from various employees of Max Life Insurance.