HDFC Life Chennai Assistant Manager Salaries by 10+ Employees (Updated 2024)

3 - 9 years exp.

₹3 Lakhs - ₹6 Lakhs

Salary of majority employees

42% less than the average Assistant Manager Salary in Insurance Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 3 - 9 years exp. (3 salaries)	₹3 L/yr - ₹5.5 L/yr
Administration & Facilities Assistant Manager Salary 4 - 5 years exp. (3 salaries)	₹4.4 L/yr - ₹5.4 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 4 - 7 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.1 L/yr
Marketing & Communication Assistant Manager Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹6 L/yr
Sales & Business Development Assistant Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.5 L/yr

Last Updated: 22 Oct 2024

Companies similar to HDFC Life for Assistant Manager in Chennai

HDFC Life Assistant Manager Salary

3 - 9 years exp. (11 salaries)

₹3 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Assistant Manager Salary 1 - 12 years exp. (29 salaries)	₹4 L/yr - ₹6.7 L/yr 12% more
SBI Life Insurance Company Assistant Manager Salary 1 - 14 years exp. (13 salaries)	₹4.5 L/yr - ₹9.5 L/yr 50% more
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Star Health & Allied Insurance Assistant Manager Salary 3 - 11 years exp. (119 salaries)	₹3 L/yr - ₹7.9 L/yr 7% more
Kotak Mahindara Life Insurance Assistant Manager Salary 0 - 7 years exp. (55 salaries)	₹1.8 L/yr - ₹4.8 L/yr 25% less	1 job opening
Aditya Birla Sun Life Insurance Assistant Manager Salary 0 - 10 years exp. (43 salaries)	₹2.5 L/yr - ₹5.5 L/yr 10% less
HDFC Ergo General Insurance Assistant Manager Salary 1 - 11 years exp. (42 salaries)	₹3 L/yr - ₹6.7 L/yr At par
Kotak Mahindra General Insurance Assistant Manager Salary 1 - 7 years exp. (10 salaries)	₹2 L/yr - ₹4.3 L/yr 22% less
ICICI Lombard General Insurance Company Assistant Manager Salary 5 - 11 years exp. (7 salaries)	₹4 L/yr - ₹8 L/yr 30% more
Shriram Life Insurance Assistant Manager Salary 6 - 10 years exp. (6 salaries)	₹4.5 L/yr - ₹5.5 L/yr 9% more
Aditya Birla Insurance Brokers Assistant Manager Salary 3 - 6 years exp. (6 salaries)	₹4 L/yr - ₹6.2 L/yr 12% more
PNB MetLife Assistant Manager Salary 3 - 12 years exp. (4 salaries)	₹2.5 L/yr - ₹5.1 L/yr 7% less
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United India Insurance Company Assistant Manager Salary 7 - 11 years exp. (3 salaries)	₹11.2 L/yr - ₹16.6 L/yr 228% more

Assistant Manager salary at HDFC Life ranges between ₹3 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years 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 Chennai

Last Updated: 22 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.2 L/yr
4 years (3 salaries)	₹4.5 L/yr - ₹4.8 L/yr
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5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹8.8 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.1 L/yr

View all

Similar Designation salaries in HDFC Life

Sales Manager Salary

(63 salaries)

₹2.4 L/yr - ₹6.2 L/yr

Deputy Manager Salary

(38 salaries)

₹4.5 L/yr - ₹12 L/yr

Relationship Manager Salary

(31 salaries)

₹1.8 L/yr - ₹5 L/yr

Branch Manager Salary

(25 salaries)

₹6.35 L/yr - ₹11 L/yr

Top skills at HDFC Life for Assistant Manager

Actuarial Communication Skills Letter Drafting Collections Data Analysis

Salary related reviews for HDFC Life

1.4

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

Dislikes

heavy workload, minimal scope for promotion, average performance appraisals

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.

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.

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.

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.

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".

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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Top trending discussions

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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 Manager Salary FAQs

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

Assistant Manager salary at HDFC Life in Chennai ranges between ₹3.0 Lakhs to ₹6.0 Lakhs for experience between 3 years to 9 years. According to our estimates it is 42% less than the average Assistant Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of HDFC Life Chennai.

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

The average salary of a Assistant Manager at HDFC Life is 42% less than the average salary of a Assistant Manager in Chennai. To know exact salary insights, login to view.

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

Actuarial, Communication Skills, Letter Drafting, Collections and Data Analysis are some of the popular skills required to work as a Assistant Manager at HDFC Life Chennai.

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

United India Insurance Company Assistant Manager Salary - ₹11.2 Lakhs to ₹16.6 Lakhs per year
SBI Life Insurance Company Assistant Manager Salary - ₹4.5 Lakhs to ₹9.5 Lakhs per year
ICICI Lombard General Insurance Company Assistant Manager Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year
Aditya Birla Insurance Brokers Assistant Manager Salary - ₹4.0 Lakhs to ₹6.2 Lakhs per year
ICICI Prudential Life Insurance Assistant Manager Salary - ₹4.0 Lakhs to ₹6.7 Lakhs per year

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

Shriram Life Insurance Assistant Manager Salary - ₹4.5 Lakhs to ₹5.5 Lakhs per year
Star Health & Allied Insurance Assistant Manager Salary - ₹3.0 Lakhs to ₹7.9 Lakhs per year
HDFC Ergo General Insurance Assistant Manager Salary - ₹3.0 Lakhs to ₹6.7 Lakhs per year
PNB MetLife Assistant Manager Salary - ₹2.5 Lakhs to ₹5.1 Lakhs per year
Aditya Birla Sun Life Insurance Assistant Manager Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at HDFC Life ranges between ₹35,415 per month to ₹36,648 per month in Chennai. The take-home salary calculation is based on the average HDFC Life Assistant Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.0 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 86% of the HDFC Life Assistant Managers in Chennai reported a notice period of 15 days or less, 14% reported a notice period of 3 Months.This is based on 7 responses on AmbitionBox in last 2 years.

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HDFC Life Assistant Manager Salaries in Chennai

HDFC Life Assistant Manager salary in Chennai ranges between ₹3 Lakhs to ₹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.