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Axis Max Life Insurance Territory Manager salaries in India (Updated 2025)

Annual salary range
10 - 18 years exp.
₹7.5 Lakhs - ₹19 Lakhs
Salary of majority employees
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78% more than the average Territory Manager Salary in Insurance Companies for 10 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Territory Manager Salary
10 - 18 years exp. (20 salaries)
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₹10 L/yr - ₹18 L/yr

Sales & Business Development
Territory Manager Salary
11 - 18 years exp. (9 salaries)
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₹8.5 L/yr - ₹19 L/yr

Customer Success, Service & Operations
Territory Manager Salary
11 - 16 years exp. (4 salaries)
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₹12 L/yr - ₹17.7 L/yr

Finance & Accounting
Territory Manager Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹10.4 L/yr

Last Updated: 14 Mar 2025

Companies similar to Axis Max Life Insurance for Territory Manager

Company name Avg Annual Salary Open Jobs
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₹2.6 L/yr - ₹8 L/yr

arrow icon 61% less
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₹3.7 L/yr - ₹8.5 L/yr

arrow icon 52% less
2 job openings
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PNB MetLife Territory Manager Salary

4 - 17 years exp. (270 salaries)

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₹4.3 L/yr - ₹10.3 L/yr

arrow icon 44% less
6 job openings
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₹5 L/yr - ₹11.1 L/yr

arrow icon 48% less
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HDFC Life Territory Manager Salary

9 - 20 years exp. (150 salaries)

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₹11.3 L/yr - ₹21 L/yr

arrow icon 10% more
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₹4 L/yr - ₹12 L/yr

arrow icon 47% less
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₹4 L/yr - ₹7 L/yr

arrow icon 60% less
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₹5.2 L/yr - ₹10.5 L/yr

arrow icon 42% less
2 job openings
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₹5.4 L/yr - ₹10.1 L/yr

arrow icon 47% less
1 job opening
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₹5.6 L/yr - ₹14 L/yr

arrow icon 32% less
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₹7.2 L/yr - ₹17 L/yr

At par
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₹3.7 L/yr - ₹7.2 L/yr

arrow icon 62% less
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₹4.6 L/yr - ₹11 L/yr

arrow icon 41% less
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₹4 L/yr - ₹10 L/yr

arrow icon 48% less
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₹6 L/yr - ₹9 L/yr

arrow icon 49% less
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₹3 L/yr - ₹7.2 L/yr

arrow icon 66% less
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₹4 L/yr - ₹11.5 L/yr

arrow icon 41% less
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₹5.5 L/yr - ₹18 L/yr

arrow icon 14% less
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₹5.5 L/yr - ₹6.2 L/yr

arrow icon 56% less
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MetLife Territory Manager Salary

7 - 14 years exp. (4 salaries)

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₹6 L/yr - ₹8.7 L/yr

arrow icon 44% less
View all
Territory Manager salary at Axis Max Life Insurance ranges between ₹7.5 Lakhs to ₹19 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 39 latest salaries received from various employees of Axis Max Life Insurance.

Latest annual salaries shared by Axis Max Life Insurance Territory Manager

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15 years exp.
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17 years exp.
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17 years exp.
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18 years exp.
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18 years exp.

Experience wise Axis Max Life Insurance Territory Manager salaries

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹15.1 L/yr
11 years  (4 salaries)

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₹7.5 L/yr - ₹22.1 L/yr
12 years  (5 salaries)

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₹5 L/yr - ₹16.9 L/yr
13 years  (7 salaries)

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₹10.4 L/yr - ₹16 L/yr
14 years  (3 salaries)

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₹10 L/yr - ₹14.6 L/yr
View all

Similar Designation salaries in Axis Max Life Insurance

Territory Sales Manager Salary
(AmbitionBox Estimate)
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₹6.6 L/yr - ₹8.4 L/yr
Deputy Manager Salary
(810 salaries)
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₹2.4 L/yr - ₹8.72 L/yr
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₹3.68 L/yr - ₹16 L/yr
Area Manager Salary
(282 salaries)
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₹4.2 L/yr - ₹13 L/yr
Territory Business Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
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₹2.8 L/yr - ₹9.72 L/yr
Sales Manager Salary
(613 salaries)
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₹2.7 L/yr - ₹6.22 L/yr
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₹4.35 L/yr - ₹7.5 L/yr
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₹1.1 L/yr - ₹7.03 L/yr
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₹11.1 L/yr - ₹14.1 L/yr

Top skills at Axis Max Life Insurance for Territory Manager

Customer Satisfaction Recruitment Sales Support Customer Retention Expense Management Underwriting Cost Management Sales Process Financial Services Sales Customer Service Relationship Management Finance Excel

Salary related reviews for Axis Max Life Insurance

3.8

Rated by 10 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

 · 

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.

read more
  • Salary - Poor
  • +6 more

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.

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Dislikes

  • Salary - Bad
  • Job security - Bad
  • +4 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No

BFSI, Investments & Trading Department

4.0
  •  posted on 21 Sep 2019

4.0
 for  Salary and Benefits

Likes

Its a good company to work with and a good pay master but unfortunately hardly give time for family.

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  • Salary - Good
  • +4 more

Dislikes

They dont give time for family. Although they keep saying good things to devote time with family but they dont let you spend time. Worked even 7 days a week till 2:30 A.M

read more
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Axis Max Life Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Axis Max Life Insurance ?
The average salary of a Territory Manager at Axis Max Life Insurance in India typically ranges from ₹7.5 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of Territory Manager at Axis Max Life Insurance earn more than ₹17.8 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Territory Manager 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 30+ Axis Max Life Insurance employees in India.
What is the estimated take home salary of a Territory Manager at Axis Max Life Insurance in India?
The estimated take-home salary of a Territory Manager at Axis Max Life Insurance in India typically ranges from ₹93,779 to ₹96,300 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 10 years to 18 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 30+ salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Territory Manager at Axis Max Life Insurance ?
To be a Territory Manager at Axis Max Life Insurance in india, the key skills required include:

  • - Customer Satisfaction
  • - Recruitment
  • - Sales Support
  • - Customer Retention
  • - Expense Management

These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Axis Max Life Insurance for Territory Manager in India?
HDFC Life ₹11.3 Lakhs to ₹21.0 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 Territory Manager in companies similar to Axis Max Life Insurance in India?
The salary of a Territory Manager 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:

Star Health & Allied Insurance ₹7.2 Lakhs to ₹17.0 Lakhs per year
Magma HDI General Insurance ₹5.5 Lakhs to ₹18.0 Lakhs per year
ICICI Lombard General Insurance Company ₹5.6 Lakhs to ₹14.0 Lakhs per year
Life Insurance Corporation of India ₹4.0 Lakhs to ₹11.5 Lakhs per year
Cholamandalam MS General Insurance ₹4.6 Lakhs to ₹11.0 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 Territory Manager at Axis Max Life Insurance in India?
The salary growth for a Territory Manager at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Territory Manager can expect the following growth trajectory at Axis Max Life Insurance:

Experience Average Salary Range
10 years ₹7.5 Lakhs to ₹15.1 Lakhs per year
11 years ₹7.5 Lakhs to ₹22.1 Lakhs per year
12 years ₹5.0 Lakhs to ₹16.9 Lakhs per year
13 years ₹10.4 Lakhs to ₹16.0 Lakhs per year
and so on.

Tell us how to improve this page.

Axis Max Life Insurance Territory Manager salary in India ranges between ₹7.5 Lakhs to ₹19 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 39 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.