Max Life Insurance Mumbai Sales Manager Salaries by 60+ Employees (Updated 2024)

0 - 10 years exp.

₹2.3 Lakhs - ₹6 Lakhs

Salary of majority employees

34% less than the average Sales Manager Salary in Insurance Companies for 0 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 2 - 10 years exp. (31 salaries)	₹3 L/yr - ₹5.3 L/yr
Sales & Business Development Sales Manager Salary 0 - 10 years exp. (17 salaries)	₹3.5 L/yr - ₹5.1 L/yr
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Marketing & Communication Sales Manager Salary 1 - 7 years exp. (5 salaries)	₹2.3 L/yr - ₹6 L/yr
Customer Success, Service & Operations Sales Manager Salary 2 - 5 years exp. (3 salaries)	₹3.6 L/yr - ₹4.7 L/yr
Finance & Accounting Sales Manager Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr

Last Updated: 20 Dec 2024

Companies similar to Max Life Insurance for Sales Manager in Mumbai

Max Life Insurance Sales Manager Salary

0 - 10 years exp. (68 salaries)

₹2.3 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Sales Manager Salary 0 - 11 years exp. (92 salaries)	₹2.2 L/yr - ₹7.5 L/yr 8% more	1 job opening
ICICI Prudential Life Insurance Sales Manager Salary 0 - 9 years exp. (118 salaries)	₹2.4 L/yr - ₹10 L/yr 53% more
Login to view exact salary
Bajaj Allianz Life Insurance Sales Manager Salary 0 - 8 years exp. (19 salaries)	₹2.4 L/yr - ₹5 L/yr 22% less
Tata AIA Life Insurance Sales Manager Salary 3 - 10 years exp. (21 salaries)	₹3.5 L/yr - ₹7.9 L/yr 30% more	3 job openings
SBI Life Insurance Company Sales Manager Salary 2 - 10 years exp. (3 salaries)	₹3.8 L/yr - ₹5.6 L/yr 5% less
Kotak Mahindara Life Insurance Sales Manager Salary 0 - 10 years exp. (64 salaries)	₹2.6 L/yr - ₹5.5 L/yr 3% less	9 job openings
Reliance Nippon Life Insurance Sales Manager Salary 0 - 9 years exp. (23 salaries)	₹1.5 L/yr - ₹5 L/yr 26% less
Bharti AXA Life Insurance Sales Manager Salary 2 - 9 years exp. (12 salaries)	₹2.3 L/yr - ₹7 L/yr 5% more	1 job opening
Aditya Birla Sun Life Insurance Sales Manager Salary 1 - 10 years exp. (39 salaries)	₹2.5 L/yr - ₹9.5 L/yr 52% more
PNB MetLife Sales Manager Salary 1 - 10 years exp. (7 salaries)	₹3 L/yr - ₹6 L/yr 18% less
ICICI Lombard General Insurance Company Sales Manager Salary 1 - 16 years exp. (105 salaries)	₹3 L/yr - ₹12.5 L/yr 60% more
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Bajaj Allianz General Insurance Sales Manager Salary 0 - 12 years exp. (72 salaries)	₹2.4 L/yr - ₹6.6 L/yr 9% more	37 job openings
HDFC Ergo General Insurance Sales Manager Salary 1 - 8 years exp. (28 salaries)	₹3 L/yr - ₹6.5 L/yr 2% less	15 job openings
Aviva Life Insurance India Sales Manager Salary 2 - 9 years exp. (5 salaries)	₹3 L/yr - ₹4.9 L/yr 10% less
Care Health Insurance Sales Manager Salary 4 - 12 years exp. (6 salaries)	₹3.3 L/yr - ₹6 L/yr 11% less
Cholamandalam MS General Insurance Sales Manager Salary 4 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹6 L/yr 4% more

Sales Manager salary at Max Life Insurance ranges between ₹2.3 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 68 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Sales Manager salaries in Mumbai

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.1 L/yr
1 year (3 salaries)	₹2.8 L/yr - ₹4.8 L/yr
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2 years (8 salaries)	₹4 L/yr - ₹4.7 L/yr
3 years (11 salaries)	₹3.3 L/yr - ₹4.7 L/yr
4 years (13 salaries)	₹3 L/yr - ₹5.3 L/yr
5 years (12 salaries)	₹3.2 L/yr - ₹6 L/yr
6 years (9 salaries)	₹3 L/yr - ₹5 L/yr
7 years (8 salaries)	₹2.3 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.7 L/yr
10 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.4 L/yr

View all

Similar Designation salaries in Max Life Insurance

Deputy Manager Salary

(71 salaries)

₹3.15 L/yr - ₹7.7 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

Area Sales Manager Salary

(5 salaries)

₹6.5 L/yr - ₹8.4 L/yr

Top skills at Max Life Insurance for Sales Manager

Banking Sales Sales Management Insurance Sales Training Sales Process Lead Generation Penetration Financial Services UPS Management Business Planning channel management Retail Customer Experience

Salary related reviews for Max Life Insurance

4.4

Rated by 9 employees for salary & benefits

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.

Sales Manager in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 21 Sep 2019

4.0

for Salary and Benefits

Likes

Its a good company to work with and a good pay master but unfortunately hardly give time for family.

Dislikes

They dont give time for family. Although they keep saying good things to devote time with family but they dont let you spend time. Worked even 7 days a week till 2:30 A.M

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.

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Sales Manager Salary FAQs

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

Sales Manager salary at Max Life Insurance in Mumbai ranges between ₹2.3 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 34% less than the average Sales Manager Salary in India. Salary estimates are based on 68 latest salaries received from various employees of Max Life Insurance Mumbai.

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

The average salary of a Sales Manager at Max Life Insurance is 34% less than the average salary of a Sales Manager in Mumbai. To know exact salary insights, login to view.

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

Banking, Sales, Sales Management, Insurance Sales and Training are some of the popular skills required to work as a Sales Manager at Max Life Insurance Mumbai.

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

ICICI Lombard General Insurance Company Sales Manager Salary - ₹3.0 Lakhs to ₹12.5 Lakhs per year
ICICI Prudential Life Insurance Sales Manager Salary - ₹2.4 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance Sales Manager Salary - ₹2.5 Lakhs to ₹9.5 Lakhs per year
Tata AIA Life Insurance Sales Manager Salary - ₹3.5 Lakhs to ₹7.9 Lakhs per year
Bajaj Allianz General Insurance Sales Manager Salary - ₹2.4 Lakhs to ₹6.6 Lakhs per year

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

HDFC Life Sales Manager Salary - ₹2.2 Lakhs to ₹7.5 Lakhs per year
Bharti AXA Life Insurance Sales Manager Salary - ₹2.3 Lakhs to ₹7.0 Lakhs per year
Cholamandalam MS General Insurance Sales Manager Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year
HDFC Ergo General Insurance Sales Manager Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
Kotak Mahindara Life Insurance Sales Manager Salary - ₹2.6 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Sales Manager at Max Life Insurance ranges between ₹33,371 per month to ₹34,635 per month in Mumbai. The take-home salary calculation is based on the average Max Life Insurance Sales Manager salary in India which ranges between ₹2.3 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 57% of the Max Life Insurance Sales Managers in Mumbai reported a notice period of 2 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 49 responses on AmbitionBox in last 2 years.

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Max Life Insurance Sales Manager Salaries in Mumbai

Max Life Insurance Sales Manager salary in Mumbai ranges between ₹2.3 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 68 Max Life Insurance latest salaries received from various employees of Max Life Insurance.