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Axis Max Life Insurance SM salaries in India (Updated 2025)

Annual salary range
1 - 10 years exp.
₹3.1 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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52% less than the average SM Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

Sales & Business Development
SM Salary
4 - 7 years exp. (5 salaries)
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₹4.2 L/yr - ₹5.3 L/yr

BFSI, Investments & Trading
SM Salary
7 - 10 years exp. (3 salaries)
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₹4 L/yr - ₹5.5 L/yr

Customer Success, Service & Operations
SM Salary
2 - 7 years exp. (3 salaries)
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₹3.1 L/yr - ₹5.2 L/yr

Marketing & Communication
SM Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹4.8 L/yr

Last Updated: 28 Feb 2025

Companies similar to Axis Max Life Insurance for SM

Company name Avg Annual Salary Open Jobs
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Kotak Mahindara Life Insurance SM Salary

2 - 6 years exp. (13 salaries)

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₹3.3 L/yr - ₹4.5 L/yr

arrow icon 10% less
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Bajaj Allianz Life Insurance SM Salary

0 - 6 years exp. (11 salaries)

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₹2 L/yr - ₹3.5 L/yr

arrow icon 35% less
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HDFC Life SM Salary

1 - 17 years exp. (10 salaries)

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₹3.8 L/yr - ₹5.3 L/yr

arrow icon 1% more
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HDFC Ergo General Insurance SM Salary

0 - 6 years exp. (9 salaries)

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₹3.1 L/yr - ₹4.2 L/yr

arrow icon 15% less
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₹5.1 L/yr - ₹7.1 L/yr

arrow icon 50% more
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Cholamandalam MS General Insurance SM Salary

2 - 9 years exp. (5 salaries)

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₹3 L/yr - ₹4.2 L/yr

arrow icon 17% less
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Bajaj Allianz General Insurance SM Salary

3 - 8 years exp. (5 salaries)

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₹1.9 L/yr - ₹6.3 L/yr

arrow icon 3% less
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PNB MetLife SM Salary

3 - 6 years exp. (5 salaries)

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₹2.3 L/yr - ₹4.2 L/yr

arrow icon 27% less
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Reliance Nippon Life Insurance SM Salary

1 - 9 years exp. (4 salaries)

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₹2.3 L/yr - ₹2.5 L/yr

arrow icon 46% less
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Life Insurance Corporation of India SM Salary

5 - 16 years exp. (4 salaries)

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₹3 L/yr - ₹4.8 L/yr

arrow icon 6% less
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ICICI Prudential Life Insurance SM Salary

2 - 4 years exp. (3 salaries)

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₹6.5 L/yr - ₹7.1 L/yr

arrow icon 63% more
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Shriram Life Insurance SM Salary

3 - 7 years exp. (3 salaries)

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₹2.3 L/yr - ₹3.2 L/yr

arrow icon 39% less
SM salary at Axis Max Life Insurance ranges between ₹3.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 15 latest salaries received from various employees of Axis Max Life Insurance.

Latest annual salaries shared by Axis Max Life Insurance SM

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Experience wise Axis Max Life Insurance SM salaries

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4 L/yr - ₹7.8 L/yr
2 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹7.8 L/yr
3 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹4.8 L/yr
4 years  (3 salaries)

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₹3.1 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹4.8 L/yr
View all

Similar Designation salaries in Axis Max Life Insurance

Deputy Manager Salary
(825 salaries)
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₹2.4 L/yr - ₹8.5 L/yr
Area Manager Salary
(267 salaries)
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₹4.2 L/yr - ₹13 L/yr
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₹1.05 L/yr - ₹4.3 L/yr
Chief Manager Salary
(191 salaries)
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₹10.86 L/yr - ₹37.68 L/yr
Center Manager Salary
(180 salaries)
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₹5 L/yr - ₹12.5 L/yr
Training Manager Salary
(165 salaries)
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₹4 L/yr - ₹10.75 L/yr
Aadm Salary
(153 salaries)
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₹1.9 L/yr - ₹4.6 L/yr
MIS Executive Salary
(145 salaries)
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₹1.7 L/yr - ₹6.42 L/yr
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₹2.6 L/yr - ₹4.5 L/yr
Financial Advisor Salary
(100 salaries)
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₹1 L/yr - ₹8 L/yr

Salary related reviews for Axis Max Life Insurance

4.0

Rated by 3 employees for salary & benefits

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.

read more

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.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 09 Jun 2023

3.0
 for  Salary and Benefits

Likes

Salary come on time

Dislikes

...ing is a drama, just photo session. If you want a support just drama of support. They will ask you to invest your salary for different things Go's meeting, Trips, advertising, pamphlet, etc no conveyance for field work. Half of the salary goes in faltu and than after doing 16 hrs 7days a week work they tell that barat main aaya hai.. so it's better you do a labour job of 8 hrs and Get 500 Rs. Per day.

read more
  • Skill development - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 02 Jul 2023

5.0
 for  Salary and Benefits

Likes

Max is best company in insurance sector Max always appreciate his employee & also pays a good salary, incentive, sizzler to his employee I will again join the max

read more
  • Salary - Excellent
  • +4 more

Dislikes

My few colleagues always trying to misguide each other and some have jealousy for someone's being best

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 24 Sep 2019

5.0
 for  Salary and Benefits

Likes

Excellent all things

  • Salary - Excellent
  • +6 more

Dislikes

Compensation is decent and fast growing, no any work pressure. I have to work 15 to 18 hours straight in a day I have attended claint calls and manage all operation and admin work.

read more

Other Department

3.0
  •  posted on 31 May 2022

1.0
 for  Salary and Benefits

Likes

Max life insurance company is good in india it provides job security to the person who is working in a company

  • Skill development - Good

Dislikes

It does not provide new growth opportunities and salary related issues, promotion is very less in this company

read more
  • Salary - Bad
  • +3 more
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Axis Max Life Insurance SM Salary FAQs

What is the salary of SM at Axis Max Life Insurance ?
The average salary of a SM at Axis Max Life Insurance in India typically ranges from ₹3.1 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of SM at Axis Max Life Insurance earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. SM 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 10+ Axis Max Life Insurance employees in India.
What is the estimated take home salary of a SM at Axis Max Life Insurance in India?
The estimated take-home salary of a SM at Axis Max Life Insurance in India typically ranges from ₹32,424 to ₹33,702 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 1 year to 10 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 10+ salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Axis Max Life Insurance for SM in India?
ICICI Prudential Life Insurance ₹6.5 Lakhs to ₹7.1 Lakhs per year
ICICI Lombard General Insurance Company ₹5.1 Lakhs to ₹7.1 Lakhs per year
HDFC Life ₹3.8 Lakhs to ₹5.3 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 SM in companies similar to Axis Max Life Insurance in India?
The salary of a SM 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:

Bajaj Allianz General Insurance ₹1.9 Lakhs to ₹6.3 Lakhs per year
Life Insurance Corporation of India ₹3.0 Lakhs to ₹4.8 Lakhs per year
Kotak Mahindara Life Insurance ₹3.3 Lakhs to ₹4.5 Lakhs per year
HDFC Ergo General Insurance ₹3.1 Lakhs to ₹4.2 Lakhs per year
Cholamandalam MS General Insurance ₹3.0 Lakhs to ₹4.2 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 SM at Axis Max Life Insurance in India?
The salary growth for a SM at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a SM can expect the following growth trajectory at Axis Max Life Insurance:

Experience Average Salary Range
1 year ₹4.0 Lakhs to ₹7.8 Lakhs per year
2 years ₹3.1 Lakhs to ₹7.8 Lakhs per year
3 years ₹1.7 Lakhs to ₹4.8 Lakhs per year
4 years ₹3.1 Lakhs to ₹4.8 Lakhs per year
and so on.

Tell us how to improve this page.

Axis Max Life Insurance SM salary in India ranges between ₹3.1 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.