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based on 5.6k Reviews

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Axis Max Life Insurance Sales Development Manager salaries in India (Updated 2025)

Annual salary range
3 - 5 years exp.
₹1.8 Lakh - ₹3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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43% less than the average Sales Development Manager Salary in Insurance Companies for 3 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sales Development Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.1 L/yr

Marketing & Communication
Sales Development Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2 L/yr

Aviation & Aerospace
Sales Development Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 12 Feb 2025

Companies similar to Axis Max Life Insurance for Sales Development Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Sales Development Manager Salary

0 - 8 years exp. (909 salaries)
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₹1.5 L/yr - ₹4.6 L/yr

arrow icon 21% more
 12 job openings
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SBI Life Insurance Company Sales Development Manager Salary

0 - 8 years exp. (15 salaries)
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₹2.5 L/yr - ₹4 L/yr

arrow icon 12% more
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Shriram Life Insurance Sales Development Manager Salary

1 - 3 years exp. (7 salaries)
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₹1.8 L/yr - ₹2.4 L/yr

arrow icon 23% less
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Tata AIA Life Insurance Sales Development Manager Salary

2 - 5 years exp. (5 salaries)
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₹2.5 L/yr - ₹4.8 L/yr

arrow icon 34% more
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ICICI Prudential Life Insurance Sales Development Manager Salary

4 - 8 years exp. (4 salaries)
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₹2.6 L/yr - ₹5.2 L/yr

arrow icon 46% more
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Bajaj Allianz Life Insurance Sales Development Manager Salary

3 - 9 years exp. (4 salaries)
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₹1.8 L/yr - ₹8.5 L/yr

arrow icon 80% more
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HDFC Ergo General Insurance Sales Development Manager Salary

3 - 5 years exp. (4 salaries)
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₹2.2 L/yr - ₹2.7 L/yr

arrow icon 5% less
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Reliance Nippon Life Insurance Sales Development Manager Salary

0 - 3 years exp. (3 salaries)
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₹2.6 L/yr - ₹3 L/yr

arrow icon 6% more
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ICICI Lombard General Insurance Company Sales Development Manager Salary

2 - 14 years exp. (3 salaries)
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₹3.3 L/yr - ₹6 L/yr

arrow icon 64% more
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Kotak Mahindara Life Insurance Sales Development Manager Salary

0 - 4 years exp. (3 salaries)
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₹3.6 L/yr - ₹6.5 L/yr

arrow icon 68% more
Sales Development Manager salary at Axis Max Life Insurance ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Max Life Insurance.

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

3d ago
₹1.8 Lakh
5 years exp.
5mo ago
₹3 Lakhs
5 years exp.
1y ago
₹2.8 Lakhs
4 years exp.

Experience wise Axis Max Life Insurance Sales Development Manager salaries

Last Updated: 12 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹3 L/yr

Similar Designation salaries in Axis Max Life Insurance

Agency Development Manager Salary
(756 salaries)
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₹2.16 L/yr - ₹6.5 L/yr
Associate Sales Manager Salary
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₹2 L/yr - ₹5.2 L/yr
Relationship Associate Salary
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₹1.6 L/yr - ₹4.7 L/yr
Relationship Manager Salary
(508 salaries)
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₹1.1 L/yr - ₹7.03 L/yr
Deputy Cluster Manager Salary
(315 salaries)
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₹3 L/yr - ₹7.3 L/yr
Associate Agency Development Manager Salary
(311 salaries)
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₹2.25 L/yr - ₹5 L/yr
Financial Sales Manager Salary
(216 salaries)
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₹3 L/yr - ₹5.6 L/yr
Cluster Manager Salary
(212 salaries)
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₹5.5 L/yr - ₹14.9 L/yr
Senior Relationship Manager Salary
(188 salaries)
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₹3 L/yr - ₹9 L/yr
Agency Manager Salary
(160 salaries)
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₹2.2 L/yr - ₹6.5 L/yr

Top skills at Axis Max Life Insurance for Sales Development Manager

Business Development Sales Recruitment Relationship Management

Salary related reviews for Axis Max Life Insurance

5.0

Rated by 1 employees for salary & benefits

Agency Development Manager in Kollam

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 06 Feb 2025
2.0
 for  Salary and Benefits

Likes

Second Saturday and Sunday, third Saturday and Sundays are off. No other perks.

Dislikes

... from you. More than 5 persons already left the office with their toxic culture. Don't trust their words during interview they will give a package which is lesser than your current ctc and will give excuses as you will earn promotions in a fast track mode. nothing doing you will not meet their unrealistic targets. Hope my review will help future comers. thank you.

read more
  • Salary - Poor
    • +6 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.

read more
  • 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.

read more
  • Salary - Poor
    • +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

read more
  • Skill development - Bad
    • +4 more

Agency Development Manager in New Delhi

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 16 Sep 2023
5.0
 for  Salary and Benefits

Likes

Pay and perk is good. Promotion opportunities are really good.

  • Salary - Excellent
    • +2 more

Dislikes

No support from Seniors. No discipline, only they need result even if you are new. They will start poking you and also not ready to support you.

read more
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peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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 Sales Development Manager Salary FAQs

What is the salary of Sales Development Manager at Axis Max Life Insurance ?
The average salary of a Sales Development Manager at Axis Max Life Insurance in India typically ranges from ₹1.8 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Sales Development Manager at Axis Max Life Insurance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Sales Development Manager Salaries at Axis Max Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Axis Max Life Insurance employees in India.
What is the estimated take home salary of a Sales Development Manager at Axis Max Life Insurance in India?
The estimated take-home salary of a Sales Development Manager at Axis Max Life Insurance in India typically ranges from ₹19,008 to ₹20,686 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 3 years to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Sales Development Manager at Axis Max Life Insurance ?
To be a Sales Development Manager at Axis Max Life Insurance in india, the key skills required include:

  • - Business Development
  • - Sales
  • - Recruitment
  • - Relationship Management

These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Axis Max Life Insurance for Sales Development Manager in India?
Bajaj Allianz Life Insurance ₹1.8 Lakhs to ₹8.5 Lakhs per year
Kotak Mahindara Life Insurance ₹3.6 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company ₹3.3 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance ₹2.6 Lakhs to ₹5.2 Lakhs per year
Tata AIA Life Insurance ₹2.5 Lakhs to ₹4.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.
What is the salary of a Sales Development Manager in companies similar to Axis Max Life Insurance in India?
The salary of a Sales Development Manager at companies similar to Axis Max Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life ₹1.5 Lakhs to ₹4.6 Lakhs per year
SBI Life Insurance Company ₹2.5 Lakhs to ₹4.0 Lakhs per year
Reliance Nippon Life Insurance ₹2.6 Lakhs to ₹3.0 Lakhs per year
HDFC Ergo General Insurance ₹2.2 Lakhs to ₹2.7 Lakhs per year
Shriram Life Insurance ₹1.8 Lakhs to ₹2.4 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Sales Development Manager at Axis Max Life Insurance in India?
The salary growth for a Sales Development Manager at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Development Manager can expect the following growth trajectory at Axis Max Life Insurance:

Experience Average Salary Range
3 years ₹2.6 Lakhs to ₹5.3 Lakhs per year
4 years ₹1.1 Lakhs to ₹2.8 Lakhs per year
5 years ₹1.8 Lakhs to ₹3.0 Lakhs per year
and so on.

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Axis Max Life Insurance Sales Development Manager Salaries by Location

Axis Max Life Insurance Sales Development Manager salary in India ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.