Max Life Insurance Mumbai Territory Manager Salaries by 3 Employees (Updated 2024)

13 - 16 years exp.

₹10.4 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

71% more than the average Territory Manager Salary in Insurance Companies for 13 - 16 years of experience

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Last Updated: 5 Nov 2024

Companies similar to Max Life Insurance for Territory Manager in Mumbai

Max Life Insurance Territory Manager Salary

13 - 16 years exp. (3 salaries)

₹10.4 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Territory Manager Salary 8 - 20 years exp. (24 salaries)	₹5.2 L/yr - ₹18 L/yr 7% less
Bajaj Allianz Life Insurance Territory Manager Salary 5 - 15 years exp. (14 salaries)	₹4.5 L/yr - ₹10 L/yr 50% less
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Tata AIA Life Insurance Territory Manager Salary 5 - 12 years exp. (6 salaries)	₹6.5 L/yr - ₹8.5 L/yr 41% less	4 job openings
ICICI Lombard General Insurance Company Territory Manager Salary 1 - 10 years exp. (14 salaries)	₹6.6 L/yr - ₹11.1 L/yr 36% less
Bajaj Allianz General Insurance Territory Manager Salary 3 - 12 years exp. (11 salaries)	₹3 L/yr - ₹7 L/yr 61% less
PNB MetLife Territory Manager Salary 8 - 13 years exp. (10 salaries)	₹5 L/yr - ₹10.2 L/yr 42% less	1 job opening
Aviva Life Insurance India Territory Manager Salary 5 - 14 years exp. (7 salaries)	₹5.8 L/yr - ₹8 L/yr 49% less	4 job openings
Star Union Dai-ichi Life Insurance Territory Manager Salary 7 - 14 years exp. (6 salaries)	₹7.5 L/yr - ₹9 L/yr 43% less	1 job opening

Territory Manager salary at Max Life Insurance ranges between ₹10.4 Lakhs to ₹16 Lakhs per year for employees with experience between 13 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Territory Manager salaries in Mumbai

Last Updated: 5 Nov 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹23.3 L/yr
14 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.3 L/yr
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15+ years (AmbitionBox Estimate)	₹5.7 L/yr - ₹16 L/yr

Similar Designation salaries in Max Life Insurance

Deputy Manager Salary

(71 salaries)

₹3.15 L/yr - ₹7.7 L/yr

Sales Manager Salary

(69 salaries)

₹2.3 L/yr - ₹6 L/yr

Relationship Manager Salary

(33 salaries)

₹2 L/yr - ₹7.03 L/yr

Area Manager Salary

(30 salaries)

₹5 L/yr - ₹14 L/yr

Area Sales Manager Salary

(6 salaries)

₹4.53 L/yr - ₹10.3 L/yr

Top skills at 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 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.

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.

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.

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.

Dislikes

Sales Manager in Gurgaon / Gurugram

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.

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

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Max Life Insurance Territory Manager Salary FAQs

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

According to AmbitionBox, 67% of the Max Life Insurance Territory Managers in Mumbai reported a notice period of 2 Months, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Max Life Insurance Territory Manager Salaries in Mumbai

Max Life Insurance Territory Manager salary in Mumbai ranges between ₹10.4 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Max Life Insurance latest salaries received from various employees of Max Life Insurance.