Max Life Insurance Mumbai Senior Relationship Manager Salaries by 10+ Employees (Updated 2025)

4 - 10 years exp.

₹4 Lakhs - ₹9 Lakhs

Salary of majority employees

9% more than the average Senior Relationship Manager Salary in Insurance Companies for 4 - 10 years of experience

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Salaries in different departments

Sales & Business Development Senior Relationship Manager Salary 4 - 9 years exp. (6 salaries)	₹4.5 L/yr - ₹7.1 L/yr
BFSI, Investments & Trading Senior Relationship Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹9 L/yr
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Customer Success, Service & Operations Senior Relationship Manager Salary 5 - 9 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7 L/yr
Finance & Accounting Senior Relationship Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.1 L/yr
Marketing & Communication Senior Relationship Manager Salary 4 years exp. (AmbitionBox Estimate)	₹6.4 L/yr - ₹7.3 L/yr

Last Updated: 26 Jan 2025

Companies similar to Max Life Insurance for Senior Relationship Manager in Mumbai

Max Life Insurance Senior Relationship Manager Salary

4 - 10 years exp. (18 salaries)

₹4 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Relationship Manager Salary 2 - 7 years exp. (27 salaries)	₹2.2 L/yr - ₹4.2 L/yr 38% less
ICICI Prudential Life Insurance Senior Relationship Manager Salary 3 - 5 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr 26% less
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Bajaj Allianz Life Insurance Senior Relationship Manager Salary 0 - 10 years exp. (56 salaries)	₹2.1 L/yr - ₹4 L/yr 46% less
Tata AIA Life Insurance Senior Relationship Manager Salary 2 - 7 years exp. (22 salaries)	₹3 L/yr - ₹5.9 L/yr 27% less	9 job openings
ICICI Lombard General Insurance Company Senior Relationship Manager Salary 3 - 11 years exp. (29 salaries)	₹5.2 L/yr - ₹7.4 L/yr 2% less
PNB MetLife Senior Relationship Manager Salary 2 - 11 years exp. (30 salaries)	₹3.5 L/yr - ₹5.2 L/yr 23% less	8 job openings
Aditya Birla Sun Life Insurance Senior Relationship Manager Salary 0 - 7 years exp. (16 salaries)	₹3 L/yr - ₹5 L/yr 41% less
Reliance Nippon Life Insurance Senior Relationship Manager Salary 0 - 9 years exp. (9 salaries)	₹2.6 L/yr - ₹4.5 L/yr 52% less
Aviva Life Insurance India Senior Relationship Manager Salary 1 - 6 years exp. (9 salaries)	₹3 L/yr - ₹4.5 L/yr 32% less
Kotak Mahindara Life Insurance Senior Relationship Manager Salary 3 - 6 years exp. (9 salaries)	₹3.9 L/yr - ₹6 L/yr 22% less
Magma HDI General Insurance Senior Relationship Manager Salary 7 - 16 years exp. (7 salaries)	₹5.8 L/yr - ₹7.8 L/yr 1% more
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Star Union Dai-ichi Life Insurance Senior Relationship Manager Salary 5 - 7 years exp. (3 salaries)	₹4 L/yr - ₹4.6 L/yr 29% less
Cholamandalam MS General Insurance Senior Relationship Manager Salary 3 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹4.8 L/yr 29% less
Star Health & Allied Insurance Senior Relationship Manager Salary 7 - 10 years exp. (3 salaries)	₹3.4 L/yr - ₹4.6 L/yr 43% less

Senior Relationship Manager salary at Max Life Insurance ranges between ₹4 Lakhs to ₹9 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 18 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Senior Relationship Manager salaries in Mumbai

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
4 years (4 salaries)	₹2.3 L/yr - ₹7.1 L/yr
5 years (3 salaries)	₹4 L/yr - ₹6.1 L/yr
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6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹6.3 L/yr
8 years (4 salaries)	₹4.5 L/yr - ₹11.3 L/yr
9 years (3 salaries)	₹6 L/yr - ₹9 L/yr
10 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Max Life Insurance

Relationship Manager Salary

(33 salaries)

₹2 L/yr - ₹7.03 L/yr

Area Manager Salary

(28 salaries)

₹5 L/yr - ₹13.1 L/yr

Branch Manager Salary

(12 salaries)

₹7.3 L/yr - ₹12.5 L/yr

Regional Manager Salary

(11 salaries)

₹7.6 L/yr - ₹25 L/yr

Area Sales Manager Salary

(5 salaries)

₹4.33 L/yr - ₹8.4 L/yr

Territory Manager Salary

(3 salaries)

₹10.35 L/yr - ₹16 L/yr

Top skills at Max Life Insurance for Senior Relationship Manager

Sales Training Distribution Network MIS Networking Training Insurance Sales HR Sales Sales Process Financial Services Relationship Relationship Management Banking Revenue Generation Business Administration

Salary related reviews for Max Life Insurance

4.1

Rated by 2 employees for salary & benefits

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

+4 more
Job security - Bad

+4 more

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.

Salary - Excellent

+6 more

Dislikes

Branch Manager

Sales BD Department

5.0

• posted on 21 Dec 2018

5.0

for Salary and Benefits

Likes

It was very nice expierence to work with Max,very good teammates, nice growth appraisal excellent good salary Yes there is politics ay higher level high mode learning as per industry standards. It was turning point of my life.

Salary - Excellent

+6 more

Dislikes

Nothing Nothing Nothing

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What people are saying about Max Life Insurance

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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.

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Max Life Insurance Senior Relationship Manager Salary FAQs

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

Senior Relationship Manager salary at Max Life Insurance in Mumbai ranges between ₹4.0 Lakhs to ₹9.0 Lakhs for experience between 4 years to 10 years. According to our estimates it is 9% more than the average Senior Relationship Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Max Life Insurance Mumbai.

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

The average salary of a Senior Relationship Manager at Max Life Insurance is 9% more than the average salary of a Senior Relationship Manager in Mumbai. To know exact salary insights, login to view.

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

Sales Training, Distribution Network, MIS, Networking and Training are some of the popular skills required to work as a Senior Relationship Manager at Max Life Insurance Mumbai.

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

Magma HDI General Insurance Senior Relationship Manager Salary - ₹5.8 Lakhs to ₹7.8 Lakhs per year

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

ICICI Lombard General Insurance Company Senior Relationship Manager Salary - ₹5.2 Lakhs to ₹7.4 Lakhs per year
Kotak Mahindara Life Insurance Senior Relationship Manager Salary - ₹3.9 Lakhs to ₹6.0 Lakhs per year
PNB MetLife Senior Relationship Manager Salary - ₹3.5 Lakhs to ₹5.2 Lakhs per year
ICICI Prudential Life Insurance Senior Relationship Manager Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Tata AIA Life Insurance Senior Relationship Manager Salary - ₹3.0 Lakhs to ₹5.9 Lakhs per year

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

The estimated take-home salary of a Senior Relationship Manager at Max Life Insurance ranges between ₹46,080 per month to ₹47,173 per month in Mumbai. The take-home salary calculation is based on the average Max Life Insurance Senior Relationship Manager salary in India which ranges between ₹4.0 Lakhs to ₹9.0 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 69% of the Max Life Insurance Senior Relationship Managers in Mumbai reported a notice period of 2 Months, 31% reported a notice period of 1 Month.This is based on 13 responses on AmbitionBox in last 2 years.

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Max Life Insurance Senior Relationship Manager Salaries in Mumbai

Max Life Insurance Senior Relationship Manager salary in Mumbai ranges between ₹4 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Max Life Insurance latest salaries received from various employees of Max Life Insurance.

Max Life Insurance Senior Relationship Manager salaries in Mumbai

Companies similar to Max Life Insurance for Senior Relationship Manager in Mumbai

Latest annual salaries shared by Max Life Insurance Senior Relationship Manager in Mumbai

Experience wise Max Life Insurance Senior Relationship Manager salaries in Mumbai

Similar Designation salaries in Max Life Insurance

Top skills at Max Life Insurance for Senior Relationship Manager

Salary related reviews for Max Life Insurance

Deputy Manager in Kolkata

Sales Manager in New Delhi

Business Development Manager in Meerut

Business Development Manager in Tirunelveli

Branch Manager

Max Life Insurance Senior Relationship Manager Salary FAQs

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