Axis Max Life Insurance SM Salaries by 10+ Employees (Updated 2025)

1 - 10 years exp.

₹3.1 Lakhs - ₹5.5 Lakhs

Salary of majority employees

47% 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)	₹4.2 L/yr - ₹5.3 L/yr
BFSI, Investments & Trading SM Salary 7 - 10 years exp. (3 salaries)	₹4 L/yr - ₹5.5 L/yr
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Customer Success, Service & Operations SM Salary 2 - 7 years exp. (3 salaries)	₹3.1 L/yr - ₹5.2 L/yr
Marketing & Communication SM Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹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
ICICI Prudential Life Insurance SM Salary 2 - 4 years exp. (3 salaries)	₹6.5 L/yr - ₹7.1 L/yr 63% more
HDFC Life SM Salary 1 - 17 years exp. (10 salaries)	₹3.8 L/yr - ₹5.3 L/yr 1% more
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Bajaj Allianz Life Insurance SM Salary 0 - 6 years exp. (11 salaries)	₹2 L/yr - ₹3.5 L/yr 35% less
Kotak Mahindara Life Insurance SM Salary 2 - 6 years exp. (13 salaries)	₹3.3 L/yr - ₹4.5 L/yr 10% less
Reliance Nippon Life Insurance SM Salary 1 - 9 years exp. (4 salaries)	₹2.3 L/yr - ₹2.5 L/yr 46% less
PNB MetLife SM Salary 3 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹4.2 L/yr 27% less
Life Insurance Corporation of India SM Salary 5 - 16 years exp. (4 salaries)	₹3 L/yr - ₹4.8 L/yr 6% less
HDFC Ergo General Insurance SM Salary 0 - 6 years exp. (9 salaries)	₹3.1 L/yr - ₹4.2 L/yr 15% less
ICICI Lombard General Insurance Company SM Salary 2 - 9 years exp. (7 salaries)	₹5.1 L/yr - ₹7.1 L/yr 50% more
Cholamandalam MS General Insurance SM Salary 2 - 9 years exp. (5 salaries)	₹3 L/yr - ₹4.2 L/yr 17% less
Bajaj Allianz General Insurance SM Salary 3 - 12 years exp. (5 salaries)	₹1.9 L/yr - ₹6 L/yr 4% more
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Shriram Life Insurance SM Salary 3 - 7 years exp. (3 salaries)	₹2.3 L/yr - ₹3.2 L/yr 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.

Experience wise Axis Max Life Insurance SM salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹7.8 L/yr
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7.8 L/yr
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3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.8 L/yr
4 years (3 salaries)	₹3.1 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹7.9 L/yr
7 years (3 salaries)	₹4 L/yr - ₹5.3 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr

View all

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₹1.05 L/yr - ₹4.3 L/yr

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₹5 L/yr - ₹12.5 L/yr

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₹4 L/yr - ₹10.75 L/yr

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Chief Manager Salary

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₹11.88 L/yr - ₹40 L/yr

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Salary related reviews for Axis Max Life Insurance

4.0

Rated by 3 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

Aadm in Ghaziabad

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.

Skill development - Poor

+5 more

Senior Officer in Amritsar

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

Salary - Excellent

+4 more

Dislikes

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

Back Office Executive in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 06 Jul 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

+4 more

Dislikes

Customer Service Executive in Bikaner

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.

see more salary related reviews

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Axis Max Life Insurance SM Salary FAQs

What is the salary of SM at Axis Max Life Insurance?

SM salary at Axis Max Life Insurance in India ranges between ₹3.1 Lakhs to ₹5.5 Lakhs for experience between 1 years to 10 years. According to our estimates it is 47% less than the average SM Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Axis Max Life Insurance India.

How does the salary of a SM at Axis Max Life Insurance India compare with the average salary range for this job?

The average salary of a SM at Axis Max Life Insurance is 47% less than the average salary of a SM in India. To know exact salary insights, login to view.

Which similar companies are paying more than Axis Max Life Insurance to a SM in India?

ICICI Prudential Life Insurance SM Salary - ₹6.5 Lakhs to ₹7.1 Lakhs per year
ICICI Lombard General Insurance Company SM Salary - ₹5.1 Lakhs to ₹7.1 Lakhs per year
Bajaj Allianz General Insurance SM Salary - ₹1.9 Lakhs to ₹6.0 Lakhs per year
HDFC Life SM Salary - ₹3.8 Lakhs to ₹5.3 Lakhs per year

What is the salary of a SM in companies similar to Axis Max Life Insurance in India?

Life Insurance Corporation of India SM Salary - ₹3.0 Lakhs to ₹4.8 Lakhs per year
Kotak Mahindara Life Insurance SM Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year
HDFC Ergo General Insurance SM Salary - ₹3.1 Lakhs to ₹4.2 Lakhs per year
Cholamandalam MS General Insurance SM Salary - ₹3.0 Lakhs to ₹4.2 Lakhs per year
PNB MetLife SM Salary - ₹2.3 Lakhs to ₹4.2 Lakhs per year

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 ranges between ₹32,424 per month to ₹33,702 per month in India. The take-home salary calculation is based on the average Axis Max Life Insurance SM salary in India which ranges between ₹3.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

What is the notice period for SM at Axis Max Life Insurance?

According to AmbitionBox, 50% of the Axis Max Life Insurance SMs reported a notice period of 2 Months, 35% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

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Axis Max Life Insurance SM Salaries

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