Max Life Insurance Senior Territory Manager Salaries by 4 Employees (Updated 2025)

5 - 17 years exp.

₹3.7 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

13% more than the average Senior Territory Manager Salary in Insurance Companies for 5 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Territory Manager Salary 5 - 16 years exp. (3 salaries)	₹3.3 L/yr - ₹13.5 L/yr
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Customer Success, Service & Operations Senior Territory Manager Salary 17 years exp. (AmbitionBox Estimate)	₹14.4 L/yr - ₹17.6 L/yr

Last Updated: 6 Sep 2024

Companies similar to Max Life Insurance for Senior Territory Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Territory Manager Salary 6 - 15 years exp. (35 salaries)	₹4.2 L/yr - ₹16 L/yr 8% less
SBI Life Insurance Company Senior Territory Manager Salary 7 - 13 years exp. (20 salaries)	₹5.3 L/yr - ₹7 L/yr 35% less
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Bajaj Allianz Life Insurance Senior Territory Manager Salary 7 - 18 years exp. (115 salaries)	₹5 L/yr - ₹11.7 L/yr 20% less
Reliance Nippon Life Insurance Senior Territory Manager Salary 9 - 22 years exp. (163 salaries)	₹6.3 L/yr - ₹14 L/yr 5% more
Tata AIA Life Insurance Senior Territory Manager Salary 7 - 18 years exp. (5 salaries)	₹6.4 L/yr - ₹8 L/yr 25% less
PNB MetLife Senior Territory Manager Salary 10 - 18 years exp. (76 salaries)	₹7.5 L/yr - ₹13 L/yr 6% more
Bajaj Allianz General Insurance Senior Territory Manager Salary 4 - 14 years exp. (12 salaries)	₹4.8 L/yr - ₹7.2 L/yr 37% less
Star Union Dai-ichi Life Insurance Senior Territory Manager Salary 5 - 16 years exp. (11 salaries)	₹6 L/yr - ₹11 L/yr 18% less
Magma HDI General Insurance Senior Territory Manager Salary 6 - 14 years exp. (13 salaries)	₹5.5 L/yr - ₹7.2 L/yr 31% less
Star Health & Allied Insurance Senior Territory Manager Salary 13 - 21 years exp. (8 salaries)	₹15.5 L/yr - ₹22 L/yr 70% more
Care Health Insurance Senior Territory Manager Salary 9 - 15 years exp. (5 salaries)	₹6 L/yr - ₹7.5 L/yr 30% less
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ICICI Lombard General Insurance Company Senior Territory Manager Salary 8 - 12 years exp. (4 salaries)	₹4.7 L/yr - ₹10.5 L/yr 31% less

Senior Territory Manager salary at Max Life Insurance ranges between ₹3.7 Lakhs to ₹16 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Senior Territory Manager salaries

Last Updated: 6 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.6 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
10 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
11 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
12 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
13 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹13.4 L/yr
14 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
15+ years (AmbitionBox Estimate)	₹13.5 L/yr - ₹16 L/yr

View all

Similar Designation salaries in Max Life Insurance

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(40 salaries)

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Senior Sales Manager Salary

(19 salaries)

₹4.35 L/yr - ₹7.5 L/yr

Senior Area Sales Manager Salary

(6 salaries)

₹7 L/yr - ₹16 L/yr

Regional Manager Salary

(71 salaries)

₹7.6 L/yr - ₹25 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Deputy Manager Salary

(771 salaries)

₹2.4 L/yr - ₹9 L/yr

Senior Sales Officer Salary

(7 salaries)

₹2 L/yr - ₹2.7 L/yr

Area Sales Manager Salary

(59 salaries)

₹2.8 L/yr - ₹9.5 L/yr

Area Manager Salary

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₹4.2 L/yr - ₹13.68 L/yr

Cluster Manager Salary

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₹5.09 L/yr - ₹14 L/yr

Salary related reviews for Max Life Insurance

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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Max Life Insurance

View All

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 Territory Manager Salary FAQs

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

Senior Territory Manager salary at Max Life Insurance in India ranges between ₹3.7 Lakhs to ₹16.0 Lakhs for experience between 5 years to 17 years. According to our estimates it is 13% more than the average Senior Territory Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Max Life Insurance India.

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

The average salary of a Senior Territory Manager at Max Life Insurance is 13% more than the average salary of a Senior Territory Manager in India. To know exact salary insights, login to view.

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

Star Health & Allied Insurance Senior Territory Manager Salary - ₹15.5 Lakhs to ₹22.0 Lakhs per year
PNB MetLife Senior Territory Manager Salary - ₹7.5 Lakhs to ₹13.0 Lakhs per year
Reliance Nippon Life Insurance Senior Territory Manager Salary - ₹6.3 Lakhs to ₹14.0 Lakhs per year

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

HDFC Life Senior Territory Manager Salary - ₹4.2 Lakhs to ₹16.0 Lakhs per year
Star Union Dai-ichi Life Insurance Senior Territory Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
Bajaj Allianz Life Insurance Senior Territory Manager Salary - ₹5.0 Lakhs to ₹11.7 Lakhs per year
Tata AIA Life Insurance Senior Territory Manager Salary - ₹6.4 Lakhs to ₹8.0 Lakhs per year
Care Health Insurance Senior Territory Manager Salary - ₹6.0 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Senior Territory Manager at Max Life Insurance ranges between ₹70,612 per month to ₹72,429 per month in India. The take-home salary calculation is based on the average Max Life Insurance Senior Territory Manager salary in India which ranges between ₹3.7 Lakhs to ₹16.0 Lakhs per year for employees with experience between 5 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Max Life Insurance Senior Territory Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Max Life Insurance Senior Territory Manager Salaries

Max Life Insurance Senior Territory Manager salary in India ranges between ₹3.7 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Max Life Insurance latest salaries received from various employees of Max Life Insurance.