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HDFC Life Assistant Manager Operations salaries in Mumbai

Annual salary range
5 - 10 years exp.
₹4 Lakhs - ₹6.4 Lakhs
Salary of majority employees
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16% less than the average Assistant Manager Operations Salary in Insurance Companies for 5 - 10 years of experience

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Last Updated: 17 Jun 2023

Companies similar to HDFC Life for Assistant Manager Operations in Mumbai

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HDFC Life Assistant Manager Operations Salary

5 - 10 years exp. (7 salaries)

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₹4 L/yr - ₹6.4 L/yr

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Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹5.6 L/yr

arrow icon 11% less
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₹5.5 L/yr - ₹7.8 L/yr

arrow icon 27% more
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₹2.5 L/yr - ₹3.6 L/yr

arrow icon 41% less
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₹5.3 L/yr - ₹8.5 L/yr

arrow icon 39% more
1 job opening
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WNS Assistant Manager Operations Salary

5 - 15 years exp. (53 salaries)

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₹4.3 L/yr - ₹10.5 L/yr

arrow icon 33% more
5 job openings
Assistant Manager Operations salary at HDFC Life ranges between ₹4 Lakhs to ₹6.4 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Assistant Manager Operations in Mumbai

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8 years exp.
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10 years exp.
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7 years exp.
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9 years exp.
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5 years exp.

Experience wise HDFC Life Assistant Manager Operations salaries in Mumbai

Last Updated: 17 Jun 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹9.6 L/yr
6 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹6.4 L/yr
9 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.8 L/yr
View all

Similar Designation salaries in HDFC Life

Senior Associate Salary
(483 salaries)
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₹1.1 L/yr - ₹4.7 L/yr
Deputy Manager Salary
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₹3.5 L/yr - ₹14.4 L/yr
Chief Manager Salary
(149 salaries)
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₹14 L/yr - ₹30 L/yr
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₹3.85 L/yr - ₹5.75 L/yr
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₹4.75 L/yr - ₹15 L/yr
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₹2.8 L/yr - ₹10.5 L/yr
SDM Salary
(28 salaries)
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₹1.9 L/yr - ₹3.85 L/yr
Sales Executive Salary
(26 salaries)
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₹1.5 L/yr - ₹4.98 L/yr
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₹2 L/yr - ₹3.9 L/yr
BDM Salary
(3 salaries)
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₹3.25 L/yr - ₹3.61 L/yr

Top skills at HDFC Life for Assistant Manager Operations

SLA Operations Reinsurance Process Management New Business TAT Branch Operations

Salary related reviews for HDFC Life

Full Time

 · 

Other Department

4.0
  •  posted on 04 Oct 2024

3.0
 for  Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

read more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

read more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 19 Jul 2024

1.0
 for  Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

read more

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".

read more

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.

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Apr 2023

3.0
 for  Salary and Benefits

Likes

...l Rules/regulations and values set by the organisation are really praise worthy. Good initial salary package. You will learn communication skills and build confidence but not much technical skills though.

read more

Dislikes

The management staff doesn't really follow what has been preached. You will be verbally harassed for not meeting targets, i have seen senior make fun of people based on their looks. According to the company's rules miss selling is a taboo but managers will force you to sell products by hook or crook to meet targets. You will be made to work extra long hours instead of the promised actual time. if it's a big branch with more competation and god forbid if the competition gets good business, you will be chewed up by your senior's on a private call. My friend was in tears when he got shouted on for not being able to get business and it was only his first month. Overall the framework of the company is nice but whether you will enjoy your work life or not depends on the kind of superiors you get.

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Full Time

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Other Department

3.0
  •  posted on 03 Sep 2023

2.0
 for  Salary and Benefits

Likes

Stable job, one can work with co for long term. Good HR policies. Female friendly and safe organisation.

Dislikes

1. Pay structure is poor. The CTC includes the annual bonus. That means for earning your own CTC, one has to earn rating. 2. The managers are poor skilled, knows only to create pressure but don't know to manage pressure. Don't groom the teams. 3. 6 days working. 4. Way behind technically. Huge manual work is still there which can be handled by improved technology. 5. Overall, the co doesn't want to spend money over people, over technology,

read more
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HDFC Life Assistant Manager Operations Salary FAQs

What is the salary of Assistant Manager Operations at HDFC Life Mumbai?
Assistant Manager Operations salary at HDFC Life in Mumbai ranges between ₹4.0 Lakhs to ₹6.4 Lakhs for experience between 5 years to 10 years. According to our estimates it is 16% less than the average Assistant Manager Operations Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life Mumbai.
How does the salary of a Assistant Manager Operations at HDFC Life Mumbai compare with the average salary range for this job?
The average salary of a Assistant Manager Operations at HDFC Life is 16% less than the average salary of a Assistant Manager Operations in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Assistant Manager Operations at HDFC Life?
SLA, Operations, Reinsurance, Process Management and New Business are some of the popular skills required to work as a Assistant Manager Operations at HDFC Life Mumbai.
Which similar companies are paying more than HDFC Life to a Assistant Manager Operations in Mumbai?
  • Tata AIA Life Insurance Assistant Manager Operations Salary - ₹5.3 Lakhs to ₹8.5 Lakhs per year
  • WNS Assistant Manager Operations Salary - ₹4.3 Lakhs to ₹10.5 Lakhs per year
  • SBI Life Insurance Company Assistant Manager Operations Salary - ₹5.5 Lakhs to ₹7.8 Lakhs per year
What is the salary of a Assistant Manager Operations in companies similar to HDFC Life in Mumbai?
  • ICICI Prudential Life Insurance Assistant Manager Operations Salary - ₹4.0 Lakhs to ₹5.6 Lakhs per year
  • Kotak Mahindara Life Insurance Assistant Manager Operations Salary - ₹2.5 Lakhs to ₹3.6 Lakhs per year
What is the estimated take home salary of a Assistant Manager Operations at HDFC Life in Mumbai?
The estimated take-home salary of a Assistant Manager Operations at HDFC Life ranges between ₹41,450 per month to ₹42,594 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Assistant Manager Operations salary in India which ranges between ₹4.0 Lakhs to ₹6.4 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager Operations at HDFC Life in Mumbai?
According to AmbitionBox, 100% of the HDFC Life Assistant Manager Operationss in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Assistant Manager Operations salary in Mumbai ranges between ₹4 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.