HDFC Life Kolkata Assistant Manager Salaries by 10+ Employees (Updated 2025)

1 - 9 years exp.

₹3 Lakhs - ₹5.6 Lakhs

Salary of majority employees

39% less than the average Assistant Manager Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

Sales & Business Development Assistant Manager Salary 3 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr
Marketing & Communication Assistant Manager Salary 1 - 2 years exp. (3 salaries)	₹4.6 L/yr - ₹5.6 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5 L/yr
BFSI, Investments & Trading Assistant Manager Salary 1 year exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.1 L/yr
Administration & Facilities Assistant Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr

Last Updated: 14 Mar 2025

Companies similar to HDFC Life for Assistant Manager in Kolkata

HDFC Life Assistant Manager Salary

1 - 9 years exp. (11 salaries)

₹3 L/yr - ₹5.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Assistant Manager Salary 0 - 10 years exp. (61 salaries)	₹2.4 L/yr - ₹6 L/yr 12% less	18 job openings
Kotak Mahindara Life Insurance Assistant Manager Salary 0 - 7 years exp. (30 salaries)	₹2.3 L/yr - ₹3.9 L/yr 28% less	2 job openings
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Aditya Birla Sun Life Insurance Assistant Manager Salary 0 - 10 years exp. (25 salaries)	₹3.1 L/yr - ₹8.4 L/yr 11% less
SBI Life Insurance Company Assistant Manager Salary 0 - 15 years exp. (24 salaries)	₹3.7 L/yr - ₹11 L/yr 49% more
SBI General Insurance Assistant Manager Salary 0 - 10 years exp. (18 salaries)	₹3.2 L/yr - ₹8 L/yr 11% less
Tata AIA Life Insurance Assistant Manager Salary 2 - 16 years exp. (13 salaries)	₹2.9 L/yr - ₹8.5 L/yr 64% more	32 job openings
Kotak Mahindra General Insurance Assistant Manager Salary 2 - 7 years exp. (7 salaries)	₹2.4 L/yr - ₹3.9 L/yr 24% less
United India Insurance Company Assistant Manager Salary 7 - 12 years exp. (7 salaries)	₹9 L/yr - ₹18 L/yr 225% more
The Oriental Insurance Co. Assistant Manager Salary 8 - 10 years exp. (4 salaries)	₹10.1 L/yr - ₹14.1 L/yr 170% more
PNB MetLife Assistant Manager Salary 3 - 8 years exp. (4 salaries)	₹2.3 L/yr - ₹5.5 L/yr 12% less	2 job openings
Reliance Nippon Life Insurance Assistant Manager Salary 3 - 8 years exp. (3 salaries)	₹2.3 L/yr - ₹4.3 L/yr 20% less
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The New India Assurance Co. Assistant Manager Salary 6 - 11 years exp. (3 salaries)	₹10 L/yr - ₹16 L/yr 215% more

Assistant Manager salary at HDFC Life ranges between ₹3 Lakhs to ₹5.6 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 11 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Assistant Manager salaries in Kolkata

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.8 L/yr - ₹5.3 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.6 L/yr
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3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹8.3 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹8.5 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.4 L/yr

View all

Similar Designation salaries in HDFC Life

Relationship Manager Salary

(63 salaries)

₹2 L/yr - ₹4.5 L/yr

Sales Manager Salary

(58 salaries)

₹2 L/yr - ₹6 L/yr

Deputy Manager Salary

(25 salaries)

₹5.12 L/yr - ₹12 L/yr

Branch Manager Salary

(22 salaries)

₹6.25 L/yr - ₹11.5 L/yr

Top skills at HDFC Life for Assistant Manager

Actuarial Communication Skills Letter Drafting Collections Data Analysis

Salary related reviews for HDFC Life

4.0

Rated by 2 employees for salary & benefits

Assistant Manager in Mumbai

Full Time

Other Department

4.0

• posted on 14 Mar 2023

3.0

for Salary and Benefits

Likes

WFH, on time salary credit, fluid processes, good work environment, top performer in insurance industry, capable senior management, employee centric initiatives, parents, spouse and children covered in insurance

Job security - Good

+1 more

Dislikes

heavy workload, minimal scope for promotion, average performance appraisals

Promotions - Poor

Assistant Manager in Bangalore / Bengaluru

Sales Support Department

5.0

• posted on 02 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues.

Senior Associate in Machilipatnam

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.

Skill development - Excellent

+2 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.

Promotions - Poor

Senior Associate in Mumbai

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.

Salary - Bad

+6 more

Operations Manager in Mumbai

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".

Job security - Excellent

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.

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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HDFC Life Assistant Manager Salary FAQs

What is the salary of Assistant Manager at HDFC Life in Kolkata?

The average salary of a Assistant Manager at HDFC Life in Kolkata typically ranges from ₹3.0 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Assistant Manager in Kolkata at HDFC Life earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Assistant 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 10+ HDFC Life employees in India.

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

The estimated take-home salary of a Assistant Manager at HDFC Life in Kolkata typically ranges from ₹35,958 to ₹37,183 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 1 year to 9 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 10+ 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 Assistant Manager at HDFC Life in Kolkata?

To be a Assistant Manager at HDFC Life in Kolkata, the key skills required include:

- Actuarial
- Communication Skills
- Letter Drafting
- Collections
- Data Analysis

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 Assistant Manager in India?

United India Insurance Company	₹9.0 Lakhs to ₹18.0 Lakhs per year
The New India Assurance Co.	₹10.0 Lakhs to ₹16.0 Lakhs per year
The Oriental Insurance Co.	₹10.1 Lakhs to ₹14.1 Lakhs per year
Tata AIA Life Insurance	₹2.9 Lakhs to ₹8.5 Lakhs per year
SBI Life Insurance Company	₹3.7 Lakhs to ₹11.0 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 Assistant Manager in companies similar to HDFC Life in Kolkata?

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

SBI General Insurance	₹3.2 Lakhs to ₹8.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹3.1 Lakhs to ₹8.4 Lakhs per year
Axis Max Life Insurance	₹2.4 Lakhs to ₹6.0 Lakhs per year
PNB MetLife	₹2.3 Lakhs to ₹5.5 Lakhs per year
Reliance Nippon Life Insurance	₹2.3 Lakhs to ₹4.3 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 Assistant Manager at HDFC Life in Kolkata?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹5.3 Lakhs per year
2 years	₹1.8 Lakhs to ₹5.6 Lakhs per year
3 years	₹3.8 Lakhs to ₹8.3 Lakhs per year
4 years	₹3.8 Lakhs to ₹8.5 Lakhs per year

and so on.

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HDFC Life Assistant Manager Salaries in Kolkata

HDFC Life Assistant Manager salary in Kolkata ranges between ₹3 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 HDFC Life latest salaries received from various employees of HDFC Life.