HDFC Life Hyderabad / Secunderabad Agency Development Manager Salaries by 50+ Employees (Updated 2025)

2 - 14 years exp.

₹3.5 Lakhs - ₹8.4 Lakhs

Salary of majority employees

11% more than the average Agency Development Manager Salary in Insurance Companies for 2 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Agency Development Manager Salary 2 - 12 years exp. (15 salaries)	₹3.5 L/yr - ₹5.5 L/yr
Sales & Business Development Agency Development Manager Salary 3 - 14 years exp. (12 salaries)	₹4 L/yr - ₹8.4 L/yr
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Customer Success, Service & Operations Agency Development Manager Salary 4 - 12 years exp. (8 salaries)	₹4 L/yr - ₹6 L/yr
Marketing & Communication Agency Development Manager Salary 2 - 10 years exp. (5 salaries)	₹3.5 L/yr - ₹6 L/yr
Finance & Accounting Agency Development Manager Salary 3 - 9 years exp. (4 salaries)	₹4 L/yr - ₹4.8 L/yr

Last Updated: 21 Dec 2024

Companies similar to HDFC Life for Agency Development Manager in Hyderabad / Secunderabad

HDFC Life Agency Development Manager Salary

2 - 14 years exp. (52 salaries)

₹3.5 L/yr - ₹8.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Agency Development Manager Salary 1 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.8 L/yr 26% less
HDFC Ergo General Insurance Agency Development Manager Salary 4 - 8 years exp. (3 salaries)	₹2.6 L/yr - ₹3.6 L/yr 32% less
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IDFC FIRST Bank Agency Development Manager Salary 2 - 5 years exp. (3 salaries)	₹2.9 L/yr - ₹3.7 L/yr 31% less
Iffco Tokio General Insurance Co. Agency Development Manager Salary 0 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹7 L/yr 5% more

Agency Development Manager salary at HDFC Life ranges between ₹3.5 Lakhs to ₹8.4 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 52 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Agency Development Manager salaries in Hyderabad / Secunderabad

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
3 years (4 salaries)	₹3.6 L/yr - ₹5.5 L/yr
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4 years (4 salaries)	₹4 L/yr - ₹4.5 L/yr
5 years (8 salaries)	₹3.5 L/yr - ₹5.5 L/yr
6 years (5 salaries)	₹1.8 L/yr - ₹5.5 L/yr
7 years (5 salaries)	₹4.1 L/yr - ₹5.2 L/yr
8 years (6 salaries)	₹3.5 L/yr - ₹5.2 L/yr
9 years (6 salaries)	₹4 L/yr - ₹8.4 L/yr
10 years (4 salaries)	₹4.5 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr
12 years (4 salaries)	₹4 L/yr - ₹6 L/yr
13 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.3 L/yr
14 years (AmbitionBox Estimate)	₹5 L/yr - ₹5.5 L/yr

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Similar Designation salaries in HDFC Life

Assistant Sales Manager Salary

(41 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Area Business Manager Salary

(11 salaries)

₹3.25 L/yr - ₹8.5 L/yr

Senior Sales Manager Salary

(9 salaries)

₹3 L/yr - ₹6.88 L/yr

Area Sales Manager Salary

(3 salaries)

₹3.5 L/yr - ₹4.25 L/yr

Regional Manager Salary

(3 salaries)

₹15 L/yr - ₹18.66 L/yr

Top skills at HDFC Life for Agency Development Manager

Life Insurance Channel Sales Channel Sales Management Bancassurance Communication Skills Insurance Sales agency bdm Development Management Sales Agency Sales Field Sales Banking agency development Marketing Communication

Salary related reviews for HDFC Life

4.9

Rated by 5 employees for salary & benefits

Agency Development Manager in Gorakhpur

BFSI, Investments & Trading Department

4.0

• posted on 01 Feb 2020

2.0

for Salary and Benefits

Likes

Company training program is good, good work environment and work-life balance to achieve your goals.

Skill development - Good

+1 more

Dislikes

Salary structure is very bad and it is demotivating in career growth. There is hidden deduction in your CTC. You know after joining. If you are not achieving target and not doing activity according to company requirement your salary will be deducted.

Salary - Poor

Business Development Manager in Vasai-Virar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 May 2024

3.0

for Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

Work satisfaction - Bad

+2 more

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Oct 2023

3.0

for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

Skill development - Poor

+5 more

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

Salary - Poor

+4 more

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.

Job security - Good

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

Salary - Bad

+5 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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HDFC Life Agency Development Manager Salary FAQs

What is the salary of Agency Development Manager at HDFC Life Hyderabad / Secunderabad?

Agency Development Manager salary at HDFC Life in Hyderabad / Secunderabad ranges between ₹3.5 Lakhs to ₹8.4 Lakhs for experience between 2 years to 14 years. According to our estimates it is 11% more than the average Agency Development Manager Salary in India. Salary estimates are based on 52 latest salaries received from various employees of HDFC Life Hyderabad / Secunderabad.

How does the salary of a Agency Development Manager at HDFC Life Hyderabad / Secunderabad compare with the average salary range for this job?

The average salary of a Agency Development Manager at HDFC Life is 11% more than the average salary of a Agency Development Manager in Hyderabad / Secunderabad. To know exact salary insights, login to view.

What are the top skills required to work as a Agency Development Manager at HDFC Life?

Life Insurance, Channel Sales, Channel Sales Management, Bancassurance and Communication Skills are some of the popular skills required to work as a Agency Development Manager at HDFC Life Hyderabad / Secunderabad.

Which similar companies are paying more than HDFC Life to a Agency Development Manager in Hyderabad / Secunderabad?

Iffco Tokio General Insurance Co. Agency Development Manager Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Agency Development Manager in companies similar to HDFC Life in Hyderabad / Secunderabad?

Star Health & Allied Insurance Agency Development Manager Salary - ₹2.5 Lakhs to ₹3.8 Lakhs per year
IDFC FIRST Bank Agency Development Manager Salary - ₹2.9 Lakhs to ₹3.7 Lakhs per year
HDFC Ergo General Insurance Agency Development Manager Salary - ₹2.6 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a Agency Development Manager at HDFC Life in Hyderabad / Secunderabad?

The estimated take-home salary of a Agency Development Manager at HDFC Life ranges between ₹35,008 per month to ₹36,248 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average HDFC Life Agency Development Manager salary in India which ranges between ₹3.5 Lakhs to ₹8.4 Lakhs per year for employees with experience between 2 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Agency Development Manager at HDFC Life in Hyderabad / Secunderabad?

According to AmbitionBox, 63% of the HDFC Life Agency Development Managers in Hyderabad / Secunderabad reported a notice period of 1 Month, 37% reported a notice period of 15 days or less.This is based on 8 responses on AmbitionBox in last 2 years.

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HDFC Life Agency Development Manager Salaries in Hyderabad / Secunderabad

HDFC Life Agency Development Manager salary in Hyderabad / Secunderabad ranges between ₹3.5 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 52 HDFC Life latest salaries received from various employees of HDFC Life.