HDFC Life Administration Manager Salaries by 7 Employees (Updated 2024)

3 - 19 years exp.

₹2 Lakhs - ₹9.5 Lakhs

Low Confidence

Salary of majority employees

44% less than the average Administration Manager Salary in Insurance Companies for 3 - 19 years of experience

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Last Updated: 12 May 2024

Companies similar to HDFC Life for Administration Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Administration Manager Salary 1 - 15 years exp. (6 salaries)	₹1.8 L/yr - ₹4 L/yr 31% less
SBI Life Insurance Company Administration Manager Salary 11 - 15 years exp. (6 salaries)	₹8.2 L/yr - ₹12.1 L/yr 103% more
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Max Life Insurance Administration Manager Salary 0 - 7 years exp. (11 salaries)	₹3.2 L/yr - ₹7 L/yr 2% less
Kotak Mahindara Life Insurance Administration Manager Salary 1 - 8 years exp. (23 salaries)	₹1.9 L/yr - ₹4 L/yr 33% less
Bajaj Allianz Life Insurance Administration Manager Salary 10 - 14 years exp. (7 salaries)	₹11.2 L/yr - ₹17.1 L/yr 254% more
Reliance Nippon Life Insurance Administration Manager Salary 1 - 4 years exp. (6 salaries)	₹1.2 L/yr - ₹3 L/yr 57% less
Aditya Birla Sun Life Insurance Administration Manager Salary 9 - 14 years exp. (4 salaries)	₹5.8 L/yr - ₹13 L/yr 111% more
ICICI Lombard General Insurance Company Administration Manager Salary 3 - 15 years exp. (22 salaries)	₹4 L/yr - ₹9.4 L/yr 56% more
Care Health Insurance Administration Manager Salary 4 - 11 years exp. (9 salaries)	₹3.2 L/yr - ₹9 L/yr 18% more
Star Health & Allied Insurance Administration Manager Salary 3 - 12 years exp. (7 salaries)	₹3.3 L/yr - ₹6 L/yr 5% more
HDFC Ergo General Insurance Administration Manager Salary 8 - 12 years exp. (7 salaries)	₹3.2 L/yr - ₹13.6 L/yr 70% more
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Shriram Life Insurance Administration Manager Salary 0 - 10 years exp. (5 salaries)	₹2.2 L/yr - ₹3.6 L/yr 36% less

Administration Manager salary at HDFC Life ranges between ₹2 Lakhs to ₹9.5 Lakhs per year for employees with experience between 3 years to 19 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Administration Manager salaries

Last Updated: 12 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.7 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹7.1 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
9 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
12 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
13 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
14 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
15+ years (3 salaries)	₹2.3 L/yr - ₹10 L/yr

View all

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Salary related reviews for HDFC Life

3.4

Rated by 3 employees for salary & benefits

Operations Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Nov 2023

1.0

for Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

2.0

for Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

Sales Coordinator in Kota

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 28 Nov 2019

2.0

for Salary and Benefits

Likes

It is very good palace to work.One can encourage his knowledge by fabulous training. No work pressure if you do work genuinely and not cross there adherence policies. Team leaders are supporting in each aspect and invigorate all over development of employee and last but not least company have step up programs for those who want to explore thier roles and desingnation by give the exams of step up.

Dislikes

Only salary structure is the weak point but if you have better sales experience You can earn enough incentives and rewards as well as.

MIS Executive in Bangalore / Bengaluru

Production, Manufacturing & Engineering Department

5.0

• posted on 21 Feb 2022

4.0

for Salary and Benefits

Likes

...ronment and culture. teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

Salary is decent but career growth is slow.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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HDFC Life Administration Manager Salary FAQs

What is the salary of Administration Manager at HDFC Life?

Administration Manager salary at HDFC Life in India ranges between ₹2.0 Lakhs to ₹9.5 Lakhs for experience between 3 years to 19 years. According to our estimates it is 44% less than the average Administration Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life India.

How does the salary of a Administration Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Administration Manager at HDFC Life is 44% less than the average salary of a Administration Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Administration Manager in India?

Bajaj Allianz Life Insurance Administration Manager Salary - ₹11.2 Lakhs to ₹17.1 Lakhs per year
Aditya Birla Sun Life Insurance Administration Manager Salary - ₹5.8 Lakhs to ₹13.0 Lakhs per year
SBI Life Insurance Company Administration Manager Salary - ₹8.2 Lakhs to ₹12.1 Lakhs per year
HDFC Ergo General Insurance Administration Manager Salary - ₹3.2 Lakhs to ₹13.6 Lakhs per year
ICICI Lombard General Insurance Company Administration Manager Salary - ₹4.0 Lakhs to ₹9.4 Lakhs per year

What is the salary of a Administration Manager in companies similar to HDFC Life in India?

Care Health Insurance Administration Manager Salary - ₹3.2 Lakhs to ₹9.0 Lakhs per year
Star Health & Allied Insurance Administration Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
Max Life Insurance Administration Manager Salary - ₹3.2 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance Administration Manager Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindara Life Insurance Administration Manager Salary - ₹1.9 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Administration Manager at HDFC Life in India?

The estimated take-home salary of a Administration Manager at HDFC Life ranges between ₹33,473 per month to ₹34,736 per month in India. The take-home salary calculation is based on the average HDFC Life Administration Manager salary in India which ranges between ₹2.0 Lakhs to ₹9.5 Lakhs per year for employees with experience between 3 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Administration Manager at HDFC Life?

According to AmbitionBox, 50% of the HDFC Life Administration Managers reported a notice period of 3 Months, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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HDFC Life Administration Manager Salaries

HDFC Life Administration Manager salary in India ranges between ₹2 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.