HDFC Life Assistant Development Manager Salaries by 7 Employees (Updated 2024)

3 - 15 years exp.

₹3.2 Lakhs - ₹4.2 Lakhs

Low Confidence

Salary of majority employees

55% less than the average Assistant Development Manager Salary in Insurance Companies for 3 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Development Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.2 L/yr
Customer Success, Service & Operations Assistant Development Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Sales & Business Development Assistant Development Manager Salary 15 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 5 Jun 2024

Companies similar to HDFC Life for Assistant Development Manager

Company name	Avg Annual Salary	Open Jobs
Max Life Insurance Assistant Development Manager Salary 1 - 8 years exp. (8 salaries)	₹3.2 L/yr - ₹4.2 L/yr At par
Bajaj Allianz Life Insurance Assistant Development Manager Salary 5 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹14.2 L/yr 186% more
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Reliance Nippon Life Insurance Assistant Development Manager Salary 0 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 40% less
ICICI Lombard General Insurance Company Assistant Development Manager Salary 0 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹3.5 L/yr 17% less
HDFC Ergo General Insurance Assistant Development Manager Salary 0 - 14 years exp. (5 salaries)	₹2.4 L/yr - ₹3.5 L/yr 25% less

Assistant Development Manager salary at HDFC Life ranges between ₹3.2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Assistant Development Manager salaries

Last Updated: 5 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.2 L/yr
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5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.6 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.7 L/yr
9 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.7 L/yr
10 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
11 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
12 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
13 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
14 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
15+ years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.2 L/yr

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Salary related reviews for HDFC Life

3.7

Rated by 2 employees for salary & benefits

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.

Deputy General Manager in Bangalore / Bengaluru

IT & Information Security Department

4.0

• posted on 23 May 2022

3.0

for Salary and Benefits

Likes

Very slow growth in career progression and company doesn't spent money and time for people skill development.

Dislikes

Perfect work life balance, but learning curve and salary growth is very below compare to competition.

Deputy Manager in Lower Parel, Mumbai

Full Time

Information Technology Department

4.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Too much pressure, however bigger companies have huge responsibility and always be at top to maintain the market standards and rank

Dislikes

No promotion even after getting good appraisals. Salary can be improvised

Deputy Manager in Bangalore / Bengaluru

Non sales Department

4.0

• posted on 08 Nov 2018

3.0

for Salary and Benefits

Likes

I have lucky enough to have good bosses for having a good work life balance, with 4yrs old kid, this is main thing which is helping me move on being a non sales staff

Dislikes

Still people resign because of bosses at sales team majorly not because of company or salary,

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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 Assistant Development Manager Salary FAQs

What is the salary of Assistant Development Manager at HDFC Life?

Assistant Development Manager salary at HDFC Life in India ranges between ₹3.2 Lakhs to ₹4.2 Lakhs for experience between 3 years to 15 years. According to our estimates it is 55% less than the average Assistant Development 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 Assistant Development Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Assistant Development Manager at HDFC Life is 55% less than the average salary of a Assistant Development Manager in India. To know exact salary insights, login to view.

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

Bajaj Allianz Life Insurance Assistant Development Manager Salary - ₹3.5 Lakhs to ₹14.2 Lakhs per year

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

Max Life Insurance Assistant Development Manager Salary - ₹3.2 Lakhs to ₹4.2 Lakhs per year
ICICI Lombard General Insurance Company Assistant Development Manager Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
HDFC Ergo General Insurance Assistant Development Manager Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
Reliance Nippon Life Insurance Assistant Development Manager Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Assistant Development Manager at HDFC Life ranges between ₹27,299 per month to ₹28,703 per month in India. The take-home salary calculation is based on the average HDFC Life Assistant Development Manager salary in India which ranges between ₹3.2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 3 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Assistant Development Manager at HDFC Life?

According to AmbitionBox, 40% of the HDFC Life Assistant Development Managers reported a notice period of 15 days or less, 40% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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HDFC Life Assistant Development Manager Salaries

HDFC Life Assistant Development Manager salary in India ranges between ₹3.2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Assistant Development Manager salaries in India

Companies similar to HDFC Life for Assistant Development Manager

Latest annual salaries shared by HDFC Life Assistant Development Manager

Experience wise HDFC Life Assistant Development Manager salaries

Similar Designation salaries in HDFC Life

Salary related reviews for HDFC Life

Deputy Manager in Mumbai

Deputy Manager in Mumbai

Deputy General Manager in Bangalore / Bengaluru

Deputy Manager in Lower Parel, Mumbai

Deputy Manager in Bangalore / Bengaluru

HDFC Life Assistant Development Manager Salary FAQs

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HDFC Life Assistant Development Manager Salaries by Location