Axis Max Life Insurance Senior Manager Salaries by 300+ Employees (Updated 2025)

5 - 17 years exp.

₹8 Lakhs - ₹30.8 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

16% less than the average Senior Manager Salary in Insurance Companies for 5 - 17 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 6 - 17 years exp. (69 salaries)	₹5.3 L/yr - ₹22.1 L/yr
Sales & Business Development Senior Manager Salary 5 - 17 years exp. (33 salaries)	₹6 L/yr - ₹22.3 L/yr
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Customer Success, Service & Operations Senior Manager Salary 6 - 17 years exp. (22 salaries)	₹8.3 L/yr - ₹18 L/yr
Product Management Senior Manager Salary 5 - 15 years exp. (20 salaries)	₹8.3 L/yr - ₹33.6 L/yr
Project & Program Management Senior Manager Salary 5 - 17 years exp. (17 salaries)	₹10.5 L/yr - ₹25.5 L/yr

View all

Last Updated: 31 Mar 2025

Companies similar to Axis Max Life Insurance for Senior Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Manager Salary 0 - 19 years exp. (1.6k salaries)	₹4.9 L/yr - ₹14 L/yr 47% less	3 job openings
Kotak Mahindara Life Insurance Senior Manager Salary 0 - 14 years exp. (584 salaries)	₹3.3 L/yr - ₹10.6 L/yr 61% less
Login to view exact salary
HDFC Life Senior Manager Salary 2 - 20 years exp. (588 salaries)	₹9 L/yr - ₹25 L/yr 24% less	4 job openings
ICICI Prudential Life Insurance Senior Manager Salary 0 - 9 years exp. (482 salaries)	₹11 L/yr - ₹26.9 L/yr 4% less
HDFC Ergo General Insurance Senior Manager Salary 5 - 19 years exp. (319 salaries)	₹7 L/yr - ₹24 L/yr 18% less
Tata AIA Life Insurance Senior Manager Salary 8 - 19 years exp. (229 salaries)	₹10.8 L/yr - ₹42 L/yr 35% more	3 job openings
Reliance Nippon Life Insurance Senior Manager Salary 0 - 17 years exp. (206 salaries)	₹6.8 L/yr - ₹14 L/yr 55% less
Bajaj Allianz Life Insurance Senior Manager Salary 3 - 18 years exp. (144 salaries)	₹9.2 L/yr - ₹24 L/yr 26% less
PNB MetLife Senior Manager Salary 6 - 16 years exp. (96 salaries)	₹3.9 L/yr - ₹16.3 L/yr 47% less
Aditya Birla Sun Life Insurance Senior Manager Salary 1 - 12 years exp. (107 salaries)	₹4 L/yr - ₹17 L/yr 48% less

View all

Senior Manager salary at Axis Max Life Insurance ranges between ₹8 Lakhs to ₹30.8 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 344 latest salaries received from various employees of Axis Max Life Insurance.

Latest annual salaries shared by Axis Max Life Insurance Senior Manager

2d ago

₹25.5 Lakhs

9 years exp.

1w ago

₹21 Lakhs

16 years exp.

1w ago

₹29 Lakhs

14 years exp.

1w ago

₹15 Lakhs

10 years exp.

1w ago

₹22 Lakhs

5 years exp.

1w ago

15 years exp.

2w ago

11 years exp.

2w ago

13 years exp.

2w ago

15 years exp.

2w ago

14 years exp.

Experience wise Axis Max Life Insurance Senior Manager salaries

Last Updated: 31 Mar 2025

Experience	Avg Annual Salary
5 years (21 salaries)	₹9.6 L/yr - ₹30 L/yr
6 years (24 salaries)	₹9.6 L/yr - ₹30 L/yr
Login to view exact salary
7 years (24 salaries)	₹11.3 L/yr - ₹32 L/yr
8 years (31 salaries)	₹8.3 L/yr - ₹29.9 L/yr
9 years (21 salaries)	₹7.4 L/yr - ₹27.2 L/yr
10 years (34 salaries)	₹8.9 L/yr - ₹27.2 L/yr
11 years (22 salaries)	₹8.1 L/yr - ₹30 L/yr
12 years (40 salaries)	₹7.4 L/yr - ₹31.2 L/yr
13 years (33 salaries)	₹10 L/yr - ₹30.4 L/yr
14 years (29 salaries)	₹8.7 L/yr - ₹29 L/yr
15+ years (65 salaries)	₹8 L/yr - ₹31.3 L/yr

View all

From

Senior Manager

₹

Lakhs/yr

5 - 17 years exp.

Assistant Vice President

₹

Lakhs/yr

13 - 24 years exp.

Senior Manager 5 - 17 years exp.

Chief Manager 13 - 20 years exp.

27% hike

Assistant Vice President 13 - 24 years exp.

7% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Axis Max Life Insurance

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(3 salaries)

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Regional Manager Salary

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₹7.6 L/yr - ₹27.6 L/yr

Deputy Manager Salary

(822 salaries)

₹2.65 L/yr - ₹9 L/yr

Territory Manager Salary

(39 salaries)

₹7.5 L/yr - ₹19 L/yr

Sales Manager Salary

(618 salaries)

₹2.7 L/yr - ₹6.22 L/yr

Senior Sales Manager Salary

(17 salaries)

₹4.35 L/yr - ₹7.5 L/yr

Branch Manager Salary

(139 salaries)

₹7 L/yr - ₹14 L/yr

Area Manager Salary

(268 salaries)

₹4.2 L/yr - ₹13 L/yr

Marketing Manager Salary

(12 salaries)

₹3.3 L/yr - ₹7.75 L/yr

Business Manager Salary

(5 salaries)

₹3.05 L/yr - ₹9.5 L/yr

Top skills at Axis Max Life Insurance for Senior Manager

Financial Services Training Auditing MIS Management

Salary related reviews for Axis Max Life Insurance

3.6

Rated by 56 employees for salary & benefits

Senior Manager in Gurgaon / Gurugram

Full Time

Risk Management & Compliance Department

1.0

• posted on 19 May 2023

4.0

for Salary and Benefits

Likes

The pay is pretty competitive.

Salary - Good

+1 more

Dislikes

There is a lot of politics and bureaucracy which renders working very difficult. The culture has been destroyed by the people working here and many of them lack basic work ethics. Bluffing and telling lies to get the work done is a very regular affair. A sincere advice to anyone working in an MNC: do not choose this organisation. It will mostly be a cultural shock for you.

Skill development - Bad

+4 more

Senior Manager in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 27 Jun 2022

1.0

for Salary and Benefits

Likes

Job security even if you're a moderate performer, company policies are employee friendly, excellent survivors

Skill development - Good

+2 more

Dislikes

Pathetic compensation, due to high job security people don't leave and growth becomes stagnant. also the culture is over hyped now, that golden days are gone.

Salary - Bad

+1 more

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.

Salary - Bad

+6 more

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.

Salary - Poor

+6 more

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.

Dislikes

Salary - Bad
Job security - Bad

+4 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Axis Max Life Insurance Senior Manager Salary FAQs

What is the salary of Senior Manager at Axis Max Life Insurance ?

The average salary of a Senior Manager at Axis Max Life Insurance in India typically ranges from ₹8.0 Lakhs to ₹30.8 Lakhs per year, depending on experience (from 5 years to 17 years).

The top 10% of Senior Manager at Axis Max Life Insurance earn more than ₹26.1 Lakhs per year, and the top 1% earn over ₹32.7 Lakhs per year. Senior 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 300+ Axis Max Life Insurance employees in India.

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

The estimated take-home salary of a Senior Manager at Axis Max Life Insurance in India typically ranges from ₹1,23,178 to ₹1,26,858 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹30.8 Lakhs per year for employees with experience ranging from 5 years to 17 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 300+ 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 Senior Manager at Axis Max Life Insurance ?

To be a Senior Manager at Axis Max Life Insurance in india, the key skills required include:

- Financial Services
- Training
- Auditing
- MIS
- 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 Senior Manager in India?

MetLife	₹19.0 Lakhs to ₹48.4 Lakhs per year
AIG	₹18.5 Lakhs to ₹35.1 Lakhs per year
Allianz	₹24.0 Lakhs to ₹30.0 Lakhs per year
Tata AIA Life Insurance	₹10.8 Lakhs to ₹42.0 Lakhs per year
AXA	₹20.0 Lakhs to ₹26.5 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 Senior Manager in companies similar to Axis Max Life Insurance in India?

The salary of a Senior 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:

Star Union Dai-ichi Life Insurance	₹10.0 Lakhs to ₹31.5 Lakhs per year
ICICI Prudential Life Insurance	₹11.0 Lakhs to ₹26.9 Lakhs per year
Gallagher	₹8.6 Lakhs to ₹27.0 Lakhs per year
Magma HDI General Insurance	₹10.5 Lakhs to ₹23.0 Lakhs per year
HDFC Ergo General Insurance	₹7.0 Lakhs to ₹24.0 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 Senior Manager at Axis Max Life Insurance in India?

The salary growth for a Senior Manager at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Manager can expect the following growth trajectory at Axis Max Life Insurance:

Experience	Average Salary Range
5 years	₹9.6 Lakhs to ₹30.0 Lakhs per year
6 years	₹9.6 Lakhs to ₹30.0 Lakhs per year
7 years	₹11.3 Lakhs to ₹32.0 Lakhs per year
8 years	₹8.3 Lakhs to ₹29.9 Lakhs per year

and so on.

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Axis Max Life Insurance Senior Manager Salaries by Location

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Axis Max Life Insurance Senior Manager Salaries

Axis Max Life Insurance Senior Manager salary in India ranges between ₹8 Lakhs to ₹30.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 344 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.

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

Companies similar to Axis Max Life Insurance for Senior Manager

Latest annual salaries shared by Axis Max Life Insurance Senior Manager

Experience wise Axis Max Life Insurance Senior Manager salaries

Similar Designation salaries in Axis Max Life Insurance

Top skills at Axis Max Life Insurance for Senior Manager

Salary related reviews for Axis Max Life Insurance

Senior Manager in Gurgaon / Gurugram

Senior Manager in Gurgaon / Gurugram

Deputy Manager in Kolkata

Sales Manager in New Delhi

Business Development Manager in Meerut

Axis Max Life Insurance Senior Manager Salary FAQs

Tell us how to improve this page.

Axis Max Life Insurance Senior Manager Salaries by Location