Max Life Insurance Pune Senior Manager Salaries by 10+ Employees (Updated 2024)

4 - 17 years exp.

₹7 Lakhs - ₹24.8 Lakhs

Salary of majority employees

29% less than the average Senior Manager Salary in Insurance Companies for 4 - 17 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Sales & Business Development Senior Manager Salary 4 - 17 years exp. (3 salaries)	₹7 L/yr - ₹13 L/yr
BFSI, Investments & Trading Senior Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹12.1 L/yr
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Teaching & Training Senior Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹14.6 L/yr
Engineering - Software & QA Senior Manager Salary 16 years exp. (AmbitionBox Estimate)	₹16.6 L/yr - ₹29 L/yr
Project & Program Management Senior Manager Salary 5 years exp. (AmbitionBox Estimate)	₹17.1 L/yr - ₹22 L/yr

Last Updated: 28 Aug 2024

Companies similar to Max Life Insurance for Senior Manager in Pune

Max Life Insurance Senior Manager Salary

4 - 17 years exp. (11 salaries)

₹7 L/yr - ₹24.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Manager Salary 3 - 14 years exp. (14 salaries)	₹11.6 L/yr - ₹19 L/yr 17% less	3 job openings
Tata AIA Life Insurance Senior Manager Salary 9 - 17 years exp. (5 salaries)	₹22.5 L/yr - ₹31.8 L/yr 67% more	12 job openings
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Bajaj Allianz Life Insurance Senior Manager Salary 3 - 18 years exp. (40 salaries)	₹8.7 L/yr - ₹30 L/yr 14% more	2 job openings
ICICI Lombard General Insurance Company Senior Manager Salary 0 - 18 years exp. (87 salaries)	₹6 L/yr - ₹13 L/yr 36% less	1 job opening
HDFC Ergo General Insurance Senior Manager Salary 7 - 19 years exp. (19 salaries)	₹8.8 L/yr - ₹16 L/yr 10% less
Bajaj Allianz General Insurance Senior Manager Salary 5 - 18 years exp. (14 salaries)	₹6.6 L/yr - ₹28.1 L/yr 7% more
SBI General Insurance Senior Manager Salary 8 - 14 years exp. (7 salaries)	₹12 L/yr - ₹16 L/yr 18% less
Cholamandalam MS General Insurance Senior Manager Salary 5 - 17 years exp. (6 salaries)	₹4 L/yr - ₹14.2 L/yr 46% less

Senior Manager salary at Max Life Insurance ranges between ₹7 Lakhs to ₹24.8 Lakhs per year for employees with experience between 4 years to 17 years. Salary estimates are based on 11 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Senior Manager salaries in Pune

Last Updated: 28 Aug 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹7 L/yr - ₹27.8 L/yr
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹22 L/yr
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6 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.7 L/yr
7 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.7 L/yr
8 years (AmbitionBox Estimate)	₹15 L/yr - ₹27.6 L/yr
9 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹22 L/yr
11 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹27.5 L/yr
12 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹27.4 L/yr
13 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
14 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
15+ years (4 salaries)	₹8 L/yr - ₹27.2 L/yr

View all

From

Senior Manager

₹

Lakhs/yr

4 - 18 years exp.

Assistant Vice President

₹

Lakhs/yr

8 - 23 years exp.

Senior Manager 4 - 18 years exp.

Chief Manager 8 - 20 years exp.

52% hike

Assistant Vice President 8 - 23 years exp.

-6% 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 Max Life Insurance

Deputy Manager Salary

(82 salaries)

₹3.05 L/yr - ₹7 L/yr

Sales Manager Salary

(37 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Area Manager Salary

(21 salaries)

₹5.8 L/yr - ₹12.3 L/yr

Territory Manager Salary

(9 salaries)

₹12.55 L/yr - ₹17.8 L/yr

Branch Manager Salary

(7 salaries)

₹8.5 L/yr - ₹10.95 L/yr

Regional Manager Salary

(5 salaries)

₹12 L/yr - ₹22 L/yr

Top skills at Max Life Insurance for Senior Manager

Financial Services Training Auditing MIS Management

Salary related reviews for Max Life Insurance

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.

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.

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

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.

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.

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 Senior Manager Salary FAQs

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

Senior Manager salary at Max Life Insurance in Pune ranges between ₹7.0 Lakhs to ₹24.8 Lakhs for experience between 4 years to 17 years. According to our estimates it is 29% less than the average Senior Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Max Life Insurance Pune.

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

The average salary of a Senior Manager at Max Life Insurance is 29% less than the average salary of a Senior Manager in Pune. To know exact salary insights, login to view.

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

Financial Services, Training, Auditing, MIS and Management are some of the popular skills required to work as a Senior Manager at Max Life Insurance Pune.

Which similar companies are paying more than Max Life Insurance to a Senior Manager in Pune?

Tata AIA Life Insurance Senior Manager Salary - ₹22.5 Lakhs to ₹31.8 Lakhs per year
Bajaj Allianz Life Insurance Senior Manager Salary - ₹8.7 Lakhs to ₹30.0 Lakhs per year
Bajaj Allianz General Insurance Senior Manager Salary - ₹6.6 Lakhs to ₹28.1 Lakhs per year

What is the salary of a Senior Manager in companies similar to Max Life Insurance in Pune?

HDFC Ergo General Insurance Senior Manager Salary - ₹8.8 Lakhs to ₹16.0 Lakhs per year
HDFC Life Senior Manager Salary - ₹11.6 Lakhs to ₹19.0 Lakhs per year
SBI General Insurance Senior Manager Salary - ₹12.0 Lakhs to ₹16.0 Lakhs per year
ICICI Lombard General Insurance Company Senior Manager Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year
Cholamandalam MS General Insurance Senior Manager Salary - ₹4.0 Lakhs to ₹14.2 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Max Life Insurance ranges between ₹1,05,110 per month to ₹1,07,996 per month in Pune. The take-home salary calculation is based on the average Max Life Insurance Senior Manager salary in India which ranges between ₹7.0 Lakhs to ₹24.8 Lakhs per year for employees with experience between 4 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at Max Life Insurance in Pune?

According to AmbitionBox, 50% of the Max Life Insurance Senior Managers in Pune reported a notice period of 15 days or less, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Max Life Insurance Senior Manager Salaries in Pune

Max Life Insurance Senior Manager salary in Pune ranges between ₹7 Lakhs to ₹24.8 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.