Max Life Insurance Release Manager Salaries by 4 Employees (Updated 2025)

2 - 8 years exp.

₹3 Lakhs - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

78% less than the average Release Manager Salary in Insurance Companies for 2 - 8 years of experience

Interested in this particular role?

Last Updated: 25 Apr 2024

Companies similar to Max Life Insurance for Release Manager

Company name	Avg Annual Salary	Open Jobs
TCS Release Manager Salary 2 - 14 years exp. (139 salaries)	₹4.3 L/yr - ₹17.3 L/yr 184% more
Wipro Release Manager Salary 3 - 15 years exp. (65 salaries)	₹5 L/yr - ₹19.9 L/yr 245% more
Login to view exact salary
Capgemini Release Manager Salary 2 - 13 years exp. (61 salaries)	₹6 L/yr - ₹22.4 L/yr 294% more
Cognizant Release Manager Salary 3 - 16 years exp. (60 salaries)	₹6 L/yr - ₹20 L/yr 283% more
HCLTech Release Manager Salary 8 - 16 years exp. (55 salaries)	₹10.5 L/yr - ₹27 L/yr 399% more

Release Manager salary at Max Life Insurance ranges between ₹3 Lakhs to ₹4.1 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Release Manager salaries

Last Updated: 25 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in Max Life Insurance

Project Manager Salary

(22 salaries)

₹5.12 L/yr - ₹17 L/yr

Scrum Master Salary

(5 salaries)

₹5.05 L/yr - ₹13 L/yr

Team Lead Salary

(20 salaries)

₹2.6 L/yr - ₹9 L/yr

Devops Engineer Salary

(7 salaries)

₹3.4 L/yr - ₹6.5 L/yr

Software Engineer Salary

(13 salaries)

₹4.6 L/yr - ₹15 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Technical Lead Salary

(5 salaries)

₹20.5 L/yr - ₹33 L/yr

Lead Consultant Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Senior Associate Salary

(20 salaries)

₹2.5 L/yr - ₹5 L/yr

Senior Consultant Salary

(6 salaries)

₹11.5 L/yr - ₹30.3 L/yr

Salary related reviews for Max Life Insurance

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

Discover interview dos and don'ts from real experiences

What people are saying about Max Life Insurance

View All

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.

Got a question about Max Life Insurance?

Ask anonymously on communities.

Max Life Insurance Release Manager Salary FAQs

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

Release Manager salary at Max Life Insurance in India ranges between ₹3.0 Lakhs to ₹4.1 Lakhs for experience between 2 years to 8 years. According to our estimates it is 78% less than the average Release Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Release Manager at Max Life Insurance is 78% less than the average salary of a Release Manager in India. To know exact salary insights, login to view.

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

HCLTech Release Manager Salary - ₹10.5 Lakhs to ₹27.0 Lakhs per year
Capgemini Release Manager Salary - ₹6.0 Lakhs to ₹22.4 Lakhs per year
Cognizant Release Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Wipro Release Manager Salary - ₹5.0 Lakhs to ₹19.9 Lakhs per year
TCS Release Manager Salary - ₹4.3 Lakhs to ₹17.3 Lakhs per year

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

The estimated take-home salary of a Release Manager at Max Life Insurance ranges between ₹26,318 per month to ₹27,737 per month in India. The take-home salary calculation is based on the average Max Life Insurance Release Manager salary in India which ranges between ₹3.0 Lakhs to ₹4.1 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Max Life Insurance Release Managers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Max Life Insurance Release Manager Salaries by Location

Home >
Salaries >
Max Life Insurance Salaries >
Max Life Insurance Release Manager Salaries

Max Life Insurance Release Manager salary in India ranges between ₹3 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Max Life Insurance latest salaries received from various employees of Max Life Insurance.