Max Life Insurance Mumbai Training Manager Salaries by 8 Employees (Updated 2024)

7 - 11 years exp.

₹5 Lakhs - ₹9.5 Lakhs

Salary of majority employees

13% less than the average Training Manager Salary in Insurance Companies for 7 - 11 years of experience

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Last Updated: 18 Oct 2024

Companies similar to Max Life Insurance for Training Manager in Mumbai

Max Life Insurance Training Manager Salary

7 - 11 years exp. (8 salaries)

₹5 L/yr - ₹9.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Training Manager Salary 6 - 8 years exp. (7 salaries)	₹5.3 L/yr - ₹7.5 L/yr 4% less
Tata AIA Life Insurance Training Manager Salary 5 - 16 years exp. (17 salaries)	₹7.8 L/yr - ₹11.8 L/yr 35% more	7 job openings
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ICICI Lombard General Insurance Company Training Manager Salary 6 - 12 years exp. (11 salaries)	₹4.4 L/yr - ₹8.3 L/yr 12% less	1 job opening
Aditya Birla Sun Life Insurance Training Manager Salary 7 - 10 years exp. (9 salaries)	₹6.5 L/yr - ₹10 L/yr 3% more
HDFC Ergo General Insurance Training Manager Salary 10 - 18 years exp. (3 salaries)	₹4.5 L/yr - ₹7 L/yr 17% less

Training Manager salary at Max Life Insurance ranges between ₹5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 8 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Training Manager salaries in Mumbai

Last Updated: 18 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.2 L/yr
8 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹9.5 L/yr
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9 years (3 salaries)	₹5 L/yr - ₹8.7 L/yr
10 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.6 L/yr
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.9 L/yr

Similar Designation salaries in Max Life Insurance

Deputy Manager Salary

(71 salaries)

₹3.15 L/yr - ₹7.7 L/yr

Center Manager Salary

(25 salaries)

₹6 L/yr - ₹11.85 L/yr

Senior Training Manager Salary

(6 salaries)

₹5.15 L/yr - ₹10.44 L/yr

Top skills at Max Life Insurance for Training Manager

Sales Training Training Product Training Training Delivery Life Insurance Training Management E - learning Auditing Publishing Insurance Financial Services MIS Licensing Financial Planning Insurance Training

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.

Data Scientist in Gurgaon / Gurugram

Full Time

Data Science & Analytics Department

3.0

• posted on 01 Aug 2024

3.0

for Salary and Benefits

Likes

Office Space Multiple business problems to solve.

Dislikes

Salary Too much office politics. Sometimes good work is limited to some folks. Career growth opportunities are limited to only some section of the teams

Relationship Associate in Raipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jul 2024

1.0

for Salary and Benefits

Likes

Job security

Dislikes

Appraisal depends upon reporting manager, new candidates came with higher package but old employees voice can not get into company ear because of team leaders. Competition are very good in this situation.

Associate Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 01 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Worst management and HR. Management torture Lower level staff for business. Even HR also support manager and they take concall for business. Worst working conditions in Max life Cooperative banca channel I have seen in my life time.

Associate in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 May 2024

1.0

for Salary and Benefits

Likes

Nothing good here

Dislikes

...arget is not complete. Target is so high that you will never receive incentives. Pay is too less and pressure, toxicity and politics is too high.

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a technical project manager

Deadend

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 Training Manager Salary FAQs

What is the salary of Training Manager at Max Life Insurance Mumbai?

Training Manager salary at Max Life Insurance in Mumbai ranges between ₹5.0 Lakhs to ₹9.5 Lakhs for experience between 7 years to 11 years. According to our estimates it is 13% less than the average Training Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Max Life Insurance Mumbai.

How does the salary of a Training Manager at Max Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Training Manager at Max Life Insurance is 13% less than the average salary of a Training Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Training Manager at Max Life Insurance?

Sales Training, Training, Product Training, Training Delivery and Life Insurance are some of the popular skills required to work as a Training Manager at Max Life Insurance Mumbai.

Which similar companies are paying more than Max Life Insurance to a Training Manager in Mumbai?

Tata AIA Life Insurance Training Manager Salary - ₹7.8 Lakhs to ₹11.8 Lakhs per year
Aditya Birla Sun Life Insurance Training Manager Salary - ₹6.5 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Training Manager in companies similar to Max Life Insurance in Mumbai?

HDFC Life Training Manager Salary - ₹5.3 Lakhs to ₹7.5 Lakhs per year
ICICI Lombard General Insurance Company Training Manager Salary - ₹4.4 Lakhs to ₹8.3 Lakhs per year
HDFC Ergo General Insurance Training Manager Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Training Manager at Max Life Insurance in Mumbai?

The estimated take-home salary of a Training Manager at Max Life Insurance ranges between ₹56,967 per month to ₹58,398 per month in Mumbai. The take-home salary calculation is based on the average Max Life Insurance Training Manager salary in India which ranges between ₹5.0 Lakhs to ₹9.5 Lakhs per year for employees with experience between 7 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the Max Life Insurance Training Managers in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Max Life Insurance Training Manager Salaries in Mumbai

Max Life Insurance Training Manager salary in Mumbai ranges between ₹5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Max Life Insurance latest salaries received from various employees of Max Life Insurance.