Max Life Insurance Mumbai Regional Manager Salaries by 10+ Employees (Updated 2024)

11 - 19 years exp.

₹7.6 Lakhs - ₹25 Lakhs

Salary of majority employees

6% less than the average Regional Manager Salary in Insurance Companies for 11 - 19 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Regional Manager Salary 13 - 14 years exp. (3 salaries)	₹7.6 L/yr - ₹17.5 L/yr
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Sales & Business Development Regional Manager Salary 12 - 19 years exp. (3 salaries)	₹12.9 L/yr - ₹17.2 L/yr

Last Updated: 8 Apr 2024

Companies similar to Max Life Insurance for Regional Manager in Mumbai

Max Life Insurance Regional Manager Salary

11 - 19 years exp. (11 salaries)

₹7.6 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Regional Manager Salary 15 - 20 years exp. (14 salaries)	₹16 L/yr - ₹35 L/yr 57% more
Bajaj Allianz Life Insurance Regional Manager Salary 12 - 21 years exp. (7 salaries)	₹15 L/yr - ₹23 L/yr 26% more
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Tata AIA Life Insurance Regional Manager Salary 10 - 16 years exp. (4 salaries)	₹10 L/yr - ₹12 L/yr 25% less	17 job openings
Aditya Birla Sun Life Insurance Regional Manager Salary 16 - 24 years exp. (4 salaries)	₹18.5 L/yr - ₹38 L/yr 53% more
PNB MetLife Regional Manager Salary 16 - 20 years exp. (4 salaries)	₹17 L/yr - ₹21.5 L/yr 35% more
Reliance Nippon Life Insurance Regional Manager Salary 16 - 22 years exp. (3 salaries)	₹19 L/yr - ₹20 L/yr 31% more

Regional Manager salary at Max Life Insurance ranges between ₹7.6 Lakhs to ₹25 Lakhs per year for employees with experience between 11 years to 19 years. Salary estimates are based on 11 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Regional Manager salaries in Mumbai

Last Updated: 8 Apr 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹13 L/yr - ₹23.8 L/yr
12 years (AmbitionBox Estimate)	₹10 L/yr - ₹17.1 L/yr
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13 years (3 salaries)	₹7.6 L/yr - ₹16.1 L/yr
14 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹25.8 L/yr
15+ years (4 salaries)	₹11 L/yr - ₹25 L/yr

Similar Designation salaries in Max Life Insurance

Deputy Manager Salary

(71 salaries)

₹3.15 L/yr - ₹7.7 L/yr

Relationship Manager Salary

(32 salaries)

₹2 L/yr - ₹7.03 L/yr

Area Manager Salary

(30 salaries)

₹5 L/yr - ₹13.1 L/yr

Branch Manager Salary

(11 salaries)

₹7.3 L/yr - ₹12 L/yr

Top skills at Max Life Insurance for Regional Manager

Sales Process Financial Services Training Recruitment Auditing Administration Bancassurance Scheduling Banking Sales Relationship Management Sales Development Analytics CRM Office Management

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.

Sales Manager in New Delhi

Full Time

Sales Department

2.0

• posted on 26 Nov 2022

2.0

for Salary and Benefits

Likes

...hing About Likes and dislike as company is not my Girlfriend or spouse to love There is only one rule once you perform for any company company will pay. Once you are not favourite for your manager you have to leave the company. No employee want to change the job real truth is employee change their manager.

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0

• posted on 12 Apr 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.

Dislikes

Branch Manager

Sales BD Department

5.0

• posted on 21 Dec 2018

5.0

for Salary and Benefits

Likes

It was very nice expierence to work with Max,very good teammates, nice growth appraisal excellent good salary Yes there is politics ay higher level high mode learning as per industry standards. It was turning point of my life.

Dislikes

Nothing Nothing Nothing

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Max Life Insurance Regional Manager Salary FAQs

What is the salary of Regional Manager at Max Life Insurance Mumbai?

Regional Manager salary at Max Life Insurance in Mumbai ranges between ₹7.6 Lakhs to ₹25.0 Lakhs for experience between 11 years to 19 years. According to our estimates it is 6% less than the average Regional Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Max Life Insurance Mumbai.

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

The average salary of a Regional Manager at Max Life Insurance is 6% less than the average salary of a Regional Manager in Mumbai. To know exact salary insights, login to view.

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

Sales Process, Financial Services, Training, Recruitment and Auditing are some of the popular skills required to work as a Regional Manager at Max Life Insurance Mumbai.

Which similar companies are paying more than Max Life Insurance to a Regional Manager in Mumbai?

ICICI Prudential Life Insurance Regional Manager Salary - ₹16.0 Lakhs to ₹35.0 Lakhs per year
Aditya Birla Sun Life Insurance Regional Manager Salary - ₹18.5 Lakhs to ₹38.0 Lakhs per year
PNB MetLife Regional Manager Salary - ₹17.0 Lakhs to ₹21.5 Lakhs per year
Reliance Nippon Life Insurance Regional Manager Salary - ₹19.0 Lakhs to ₹20.0 Lakhs per year
Bajaj Allianz Life Insurance Regional Manager Salary - ₹15.0 Lakhs to ₹23.0 Lakhs per year

What is the salary of a Regional Manager in companies similar to Max Life Insurance in Mumbai?

Tata AIA Life Insurance Regional Manager Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Regional Manager at Max Life Insurance ranges between ₹1,04,306 per month to ₹1,07,166 per month in Mumbai. The take-home salary calculation is based on the average Max Life Insurance Regional Manager salary in India which ranges between ₹7.6 Lakhs to ₹25.0 Lakhs per year for employees with experience between 11 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Regional Manager at Max Life Insurance in Mumbai?

According to AmbitionBox, 40% of the Max Life Insurance Regional Managers in Mumbai reported a notice period of 2 Months, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Max Life Insurance Regional Manager Salaries in Mumbai

Max Life Insurance Regional Manager salary in Mumbai ranges between ₹7.6 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Max Life Insurance latest salaries received from various employees of Max Life Insurance.