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Annual salary range
0 - 4 years exp.
₹16
Lakhs - ₹22
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
Management Trainee Salary at Axis Max Life Insurance ranges between ₹16 Lakhs to ₹22 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 15...
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173% more than the average Management Trainee Salary in Insurance Companies for 0 - 4 years of experience
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| ||
 Aditya Birla Sun Life Insurance Management Trainee Salary
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 Aviva Life Insurance India Management Trainee Salary
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73%
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View all
Axis Max Life Insurance Management Trainee salaries by
| Years of experience | Avg. annual salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹18.8
L/yr
- ₹22
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹18.8
L/yr
- ₹22
L/yr
|
Login to view exact salary
| |
| 2 years (4 salaries) |
₹16
L/yr
- ₹22
L/yr
|
| 3 years (5 salaries) |
₹19
L/yr
- ₹22
L/yr
|
| 4 years (3 salaries) |
₹19
L/yr
- ₹22
L/yr
|
Similar Designation Salaries at Axis Max Life Insurance
| Similar Designation | Avg. annual salary |
|---|---|
Finance Executive Salary
(28 salaries)
| ₹1.5 L/yr - ₹4.4 L/yr |
Accountant Salary
(5 salaries)
| ₹3 L/yr - ₹5 L/yr |
Login to view exact salary
| |
Team Lead Salary
(16 salaries)
| ₹2.6 L/yr - ₹9 L/yr |
Financial Analyst Salary
(6 salaries)
| ₹3.2 L/yr - ₹9 L/yr |
Analyst Salary
(11 salaries)
| ₹8.2 L/yr - ₹12.4 L/yr |
View more similar designations
What people are saying about Axis Max Life Insurance
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insurancelelo
works at
Axis Max Life Insurance
MBA regret: Started too low, now what?
I'm 24, MBA grad from Chandigarh University (Distance) in 2024.
No campus placement, so I took a Banca channel job at Aditya Birla Sun Life for 2.75L via walk-in. Hit 100% of targets for 8 months.
Realized freshers were earning more at Tata, Birla, and HDFC Life (upto 4L). Switched to Axis at 3.7L.
Now I regret starting so low. It'll take 1.5-2 years to reach a 5-6L package because I lacked references and campus placement. My initial package messed up my career start. Most companies hike 35-40%. I've lost 2 years despite having the knowledge and skills.
No MBA value. Just regret. What should I do next? Is there any way to monetize my time spent? My potential is asking for more CTC but the initial package messed everything up.
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Axis Max Life Insurance Management Trainee Salary FAQs
What is the salary of Management Trainee at Axis Max Life Insurance ?
The average salary of a Management Trainee at Axis Max Life Insurance in India typically ranges from ₹16.0 Lakhs to ₹22.0 Lakhs per year, depending on experience (from Fresher to 4 years).
The top 10% of Management Trainee at Axis Max Life Insurance earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Management Trainee 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.
The top 10% of Management Trainee at Axis Max Life Insurance earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Management Trainee 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 Management Trainee at Axis Max Life Insurance in India?
The estimated take-home salary of a Management Trainee at Axis Max Life Insurance in India typically ranges from ₹1,35,974 to ₹1,40,986 per month. This is based on the average salary range of
₹16.0 Lakhs to ₹22.0 Lakhs
per year for employees with experience ranging from Fresher to 4 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.
What is the salary of a Management Trainee in companies similar to Axis Max Life Insurance in India?
The salary of a Management Trainee 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:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| HDFC Ergo General Insurance | ₹12.2 Lakhs to ₹20.0 Lakhs per year |
| Tata AIA Life Insurance | ₹8.8 Lakhs to ₹16.4 Lakhs per year |
| HDFC Life | ₹7.8 Lakhs to ₹13.0 Lakhs per year |
| AXA | ₹7.7 Lakhs to ₹14.3 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹7.0 Lakhs to ₹13.0 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 Management Trainee at Axis Max Life Insurance in India?
The salary growth for a Management Trainee at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Axis Max Life Insurance:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹18.8 Lakhs to ₹22.0 Lakhs per year |
| 1 year | ₹18.8 Lakhs to ₹22.0 Lakhs per year |
| 2 years | ₹16.0 Lakhs to ₹22.0 Lakhs per year |
| 3 years | ₹19.0 Lakhs to ₹22.0 Lakhs per year |
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Axis Max Life Insurance Management Trainee salary
in
India
ranges between ₹16
Lakhs to ₹22
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.