HDFC Life Chennai Agency Manager Salaries by 8 Employees (Updated 2025)

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

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Salaries in different departments

Product Management Agency Manager Salary 3 - 5 years exp. (3 salaries)	₹2.6 L/yr - ₹3.5 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)	₹3.5 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
SBI Life Insurance Company Agency Manager Salary 1 - 13 years exp. (15 salaries)	₹3 L/yr - ₹4.5 L/yr 5% more
Max Life Insurance Agency Manager Salary 3 - 7 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 13% more	1 job opening
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Bharti AXA Life Insurance Agency Manager Salary 0 - 6 years exp. (17 salaries)	₹2 L/yr - ₹3.5 L/yr 24% less
Star Health & Allied Insurance Agency Manager Salary 2 - 10 years exp. (6 salaries)	₹2.8 L/yr - ₹4.8 L/yr 7% less
HDFC Ergo General Insurance Agency Manager Salary 1 - 8 years exp. (5 salaries)	₹2.4 L/yr - ₹4 L/yr At par

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 - ₹6.9 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.1 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr

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Similar Designation salaries in HDFC Life

Sales Manager Salary

(65 salaries)

₹2.4 L/yr - ₹7 L/yr

Deputy Manager Salary

(40 salaries)

₹4.5 L/yr - ₹12 L/yr

Branch Manager Salary

(28 salaries)

₹6.35 L/yr - ₹11.55 L/yr

Area Business Manager Salary

(17 salaries)

₹4 L/yr - ₹6 L/yr

Territory Manager Salary

(14 salaries)

₹10.17 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 Channel Sales Bancassurance

Salary related reviews for HDFC Life

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

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.

Salary - Poor

+3 more

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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HDFC Life Agency Manager Salary FAQs

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

Agency Manager salary at HDFC Life in Chennai ranges between ₹2.3 Lakhs to ₹5.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 4% more than the average Agency Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of HDFC Life Chennai.

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

The average salary of a Agency Manager at HDFC Life is 4% more than the average salary of a Agency Manager in Chennai. To know exact salary insights, login to view.

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

Life Insurance, Insurance Sales, Agency Management, Sales and Problem Solving are some of the popular skills required to work as a Agency Manager at HDFC Life Chennai.

Which similar companies are paying more than HDFC Life to a Agency Manager in Chennai?

Max Life Insurance Agency Manager Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company Agency Manager Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year

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

HDFC Ergo General Insurance Agency Manager Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year
Star Health & Allied Insurance Agency Manager Salary - ₹2.8 Lakhs to ₹4.8 Lakhs per year
Bharti AXA Life Insurance Agency Manager Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year

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 ranges between ₹27,545 per month to ₹28,946 per month in Chennai. The take-home salary calculation is based on the average HDFC Life Agency Manager salary in India which ranges between ₹2.3 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Agency Manager at HDFC Life in Chennai?

According to AmbitionBox, 50% of the HDFC Life Agency Managers in Chennai reported a notice period of 1 Month, 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 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.