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HDFC Life Assistant Manager salaries in Pune

Annual salary range
1 - 9 years exp.
₹3.8 Lakhs - ₹6.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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41% less than the average Assistant Manager Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
3 - 9 years exp. (4 salaries)
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₹4.1 L/yr - ₹6.5 L/yr

Sales & Business Development
Assistant Manager Salary
3 - 6 years exp. (3 salaries)
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₹3.8 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr

Finance & Accounting
Assistant Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹5.4 L/yr

Last Updated: 30 Oct 2024

Companies similar to HDFC Life for Assistant Manager in Pune

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HDFC Life Assistant Manager Salary

1 - 9 years exp. (13 salaries)

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₹3.8 L/yr - ₹6.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.5 L/yr - ₹15 L/yr

arrow icon 75% more
1 job opening
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₹4 L/yr - ₹7.1 L/yr

arrow icon 10% more
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₹2.5 L/yr - ₹6 L/yr

arrow icon 15% less
20 job openings
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₹3 L/yr - ₹8.4 L/yr

arrow icon 15% less
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₹2.7 L/yr - ₹7.3 L/yr

arrow icon 2% more
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₹3.4 L/yr - ₹5.5 L/yr

arrow icon 9% less
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₹4.3 L/yr - ₹11.8 L/yr

arrow icon 82% more
29 job openings
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₹4 L/yr - ₹10.5 L/yr

arrow icon 54% more
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₹3 L/yr - ₹6.7 L/yr

arrow icon 6% more
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₹3.5 L/yr - ₹4.7 L/yr

arrow icon 20% less
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AXA Assistant Manager Salary

5 - 9 years exp. (3 salaries)

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₹16.2 L/yr - ₹18 L/yr

arrow icon 235% more
Assistant Manager salary at HDFC Life ranges between ₹3.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 13 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Assistant Manager in Pune

5mo ago
₹4 Lakhs
1 year exp.
5mo ago
₹5.3 Lakhs
9 years exp.
11mo ago
₹4.5 Lakhs
4 years exp.
1y ago
₹5 Lakhs
6 years exp.
1y ago
₹4.1 Lakhs
4 years exp.
1y ago
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6 years exp.
1y ago
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6 years exp.
1y ago
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3 years exp.

Experience wise HDFC Life Assistant Manager salaries in Pune

Last Updated: 30 Oct 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
2 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
3 years  (3 salaries)

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₹3.8 L/yr - ₹4.8 L/yr
4 years  (3 salaries)

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₹4.1 L/yr - ₹8.5 L/yr
5 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in HDFC Life

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₹1.8 L/yr - ₹4.65 L/yr
Sales Manager Salary
(58 salaries)
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₹2 L/yr - ₹7 L/yr
Branch Manager Salary
(23 salaries)
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₹5.25 L/yr - ₹10.8 L/yr
Deputy Manager Salary
(15 salaries)
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₹4.5 L/yr - ₹11.3 L/yr

Top skills at HDFC Life for Assistant Manager

Actuarial Communication Skills Letter Drafting Collections Data Analysis

Salary related reviews for HDFC Life

3.5

Rated by 2 employees for salary & benefits

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

read more
  • Job security - Good
  • +1 more

Dislikes

heavy workload, minimal scope for promotion, average performance appraisals

  • Promotions - Poor

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

Full Time

 · 

CSR & Social Service Department

4.0
  •  posted on 23 Mar 2025

2.0
 for  Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

read more
  • Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

read more
  • Salary - Poor

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
  • 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.

read more
  • Promotions - Poor

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
  • Salary - Bad
  • +6 more
see more salary related reviews

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HDFC Life Assistant Manager Salary FAQs

What is the salary of Assistant Manager at HDFC Life in Pune?
The average salary of a Assistant Manager at HDFC Life in Pune typically ranges from ₹3.8 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Assistant Manager in Pune at HDFC Life earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹6.5 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 Pune?
The estimated take-home salary of a Assistant Manager at HDFC Life in Pune typically ranges from ₹36,408 to ₹37,627 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹6.5 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 Pune?
To be a Assistant Manager at HDFC Life in Pune, 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?
AXA ₹16.2 Lakhs to ₹18.0 Lakhs per year
Tata AIA Life Insurance ₹4.3 Lakhs to ₹11.8 Lakhs per year
Bajaj Allianz Life Insurance ₹3.5 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company ₹4.0 Lakhs to ₹10.5 Lakhs per year
ICICI Prudential Life Insurance ₹4.0 Lakhs to ₹7.1 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 Pune?
The salary of a Assistant Manager at companies similar to HDFC Life in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance ₹3.0 Lakhs to ₹6.7 Lakhs per year
HDFC Ergo General Insurance ₹2.7 Lakhs to ₹7.3 Lakhs per year
Aditya Birla Sun Life Insurance ₹3.4 Lakhs to ₹5.5 Lakhs per year
SBI General Insurance ₹3.0 Lakhs to ₹8.4 Lakhs per year
Axis Max Life Insurance ₹2.5 Lakhs to ₹6.0 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 Pune?
The salary growth for a Assistant Manager at HDFC Life in Pune depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Pune can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
1 year ₹4.0 Lakhs to ₹5.1 Lakhs per year
2 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
3 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
4 years ₹4.1 Lakhs to ₹8.5 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life Assistant Manager salary in Pune ranges between ₹3.8 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 HDFC Life latest salaries received from various employees of HDFC Life.