HDFC Life Chennai Agency Manager Salaries by 8 Employees

1 - 7 years exp.

₹2.3 Lakhs - ₹5 Lakhs

Salary of majority employees

At par with the average Agency Manager Salary in Insurance Companies for 1 - 7 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Product Management Agency Manager Salary 3 - 5 years exp. (3 salaries)	₹2.6 L/yr - ₹3.4 L/yr
BFSI, Investments & Trading Agency Manager Salary 3 - 7 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹5 L/yr
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Marketing & Communication Agency Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.7 L/yr
Sales & Business Development Agency Manager Salary 1 year exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.8 L/yr

Last Updated: 22 Sep 2024

Companies similar to HDFC Life for Agency Manager in Chennai

HDFC Life Agency Manager Salary

1 - 7 years exp. (8 salaries)

₹2.3 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Agency Manager Salary 2 - 10 years exp. (6 salaries)	₹2.8 L/yr - ₹4.8 L/yr 6% less
HDFC Ergo General Insurance Agency Manager Salary 1 - 8 years exp. (5 salaries)	₹2.4 L/yr - ₹3.6 L/yr 6% less
Login to view exact salary
Axis Max Life Insurance Agency Manager Salary 3 - 12 years exp. (4 salaries)	₹3 L/yr - ₹4.4 L/yr 12% more	1 job opening
SMFG India Credit Agency Manager Salary 4 - 13 years exp. (13 salaries)	₹3.3 L/yr - ₹6.3 L/yr 33% more
Bharti AXA Life Insurance Agency Manager Salary 2 - 6 years exp. (12 salaries)	₹2.3 L/yr - ₹3.5 L/yr 28% less

Agency Manager salary at HDFC Life ranges between ₹2.3 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 8 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Agency Manager salaries in Chennai

Last Updated: 22 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.6 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr

View all

Similar Designation salaries in HDFC Life

Sales Manager Salary

(61 salaries)

₹2.4 L/yr - ₹7 L/yr

Deputy Manager Salary

(41 salaries)

₹4.5 L/yr - ₹12 L/yr

Branch Manager Salary

(30 salaries)

₹6.35 L/yr - ₹11.5 L/yr

Area Business Manager Salary

(16 salaries)

₹4 L/yr - ₹6 L/yr

Territory Manager Salary

(14 salaries)

₹11.41 L/yr - ₹17 L/yr

Top skills at HDFC Life for Agency Manager

Life Insurance Insurance Sales Agency Management Sales Problem Solving Branch Banking Customer Service Territory Sales Management Agency Channel Insurance Agency Sales agency development Agent Recruitment Business Development Bfsi Sales

Salary related reviews for HDFC Life

Business Development Manager in Bijnor

Full Time

Marketing & Communication Department

5.0

• posted on 10 Feb 2025

1.0

for Salary and Benefits

Likes

Hello team m Rishabh Rastogi from HDFC LIFE Bijnor Branch, there is a lot of pressure here for work and HDFC Life is a very good brand but there are no facilities for the employees in the office.

Work-life balance - Excellent

Dislikes

Here the calculation is less Here the salary is very high as compared to low and the facilities are also very less, the promotions target is very high and there are many parameters.

Salary - Bad

+4 more

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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Life Agency Manager Salary FAQs

What is the salary of Agency Manager at HDFC Life in Chennai?

The average salary of a Agency Manager at HDFC Life in Chennai typically ranges from ₹2.3 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Agency Manager in Chennai at HDFC Life earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Agency Manager Salaries at HDFC Life 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 8 HDFC Life employees in India.

What is the estimated take home salary of a Agency Manager at HDFC Life in Chennai?

The estimated take-home salary of a Agency Manager at HDFC Life in Chennai typically ranges from ₹27,162 to ₹28,569 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 7 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 8 salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Agency Manager at HDFC Life in Chennai?

To be a Agency Manager at HDFC Life in Chennai, the key skills required include:

- Life Insurance
- Insurance Sales
- Agency Management
- Sales
- Problem Solving

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Life for Agency Manager in India?

SMFG India Credit	₹3.3 Lakhs to ₹6.3 Lakhs per year
Axis Max Life Insurance	₹3.0 Lakhs to ₹4.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Life, depending on the role and experience level.

What is the salary of a Agency Manager in companies similar to HDFC Life in Chennai?

The salary of a Agency Manager at companies similar to HDFC Life in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance	₹2.8 Lakhs to ₹4.8 Lakhs per year
HDFC Ergo General Insurance	₹2.4 Lakhs to ₹3.6 Lakhs per year
Bharti AXA Life Insurance	₹2.3 Lakhs to ₹3.5 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 Agency Manager at HDFC Life in Chennai?

The salary growth for a Agency Manager at HDFC Life in Chennai depends on factors such as experience, performance, and promotions. On average, a Agency Manager in Chennai can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
1 year	₹1.4 Lakhs to ₹4.8 Lakhs per year
2 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years	₹2.3 Lakhs to ₹6.6 Lakhs per year
4 years	₹2.6 Lakhs to ₹6.8 Lakhs per year

and so on.

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HDFC Life Agency Manager Salaries in Chennai

HDFC Life Agency Manager salary in Chennai ranges between ₹2.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 HDFC Life latest salaries received from various employees of HDFC Life.