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

1 - 9 years exp.

₹3.8 Lakhs - ₹6.5 Lakhs

Salary of majority employees

42% 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)	₹4.1 L/yr - ₹6.5 L/yr
Sales & Business Development Assistant Manager Salary 3 - 6 years exp. (3 salaries)	₹3.8 L/yr - ₹5 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
Finance & Accounting Assistant Manager Salary 1 year exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.3 L/yr

Last Updated: 30 Oct 2024

Companies similar to HDFC Life for Assistant Manager in Pune

HDFC Life Assistant Manager Salary

1 - 9 years exp. (13 salaries)

₹3.8 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Assistant Manager Salary 1 - 11 years exp. (55 salaries)	₹4 L/yr - ₹7.1 L/yr 11% more
SBI Life Insurance Company Assistant Manager Salary 0 - 12 years exp. (13 salaries)	₹5 L/yr - ₹10.5 L/yr 67% more
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Max Life Insurance Assistant Manager Salary 0 - 10 years exp. (44 salaries)	₹2.5 L/yr - ₹8 L/yr 14% less	13 job openings
Bajaj Allianz Life Insurance Assistant Manager Salary 2 - 16 years exp. (163 salaries)	₹3.5 L/yr - ₹15 L/yr 79% more	1 job opening
Tata AIA Life Insurance Assistant Manager Salary 2 - 16 years exp. (16 salaries)	₹4.3 L/yr - ₹11.8 L/yr 82% more	56 job openings
HDFC Ergo General Insurance Assistant Manager Salary 1 - 10 years exp. (26 salaries)	₹2.3 L/yr - ₹6.7 L/yr 2% more
Aditya Birla Sun Life Insurance Assistant Manager Salary 0 - 7 years exp. (25 salaries)	₹3 L/yr - ₹5.5 L/yr 8% less
Star Health & Allied Insurance Assistant Manager Salary 5 - 11 years exp. (8 salaries)	₹3 L/yr - ₹6.5 L/yr 8% more
Kotak Mahindra General Insurance Assistant Manager Salary 3 - 8 years exp. (6 salaries)	₹3.5 L/yr - ₹4.7 L/yr 15% less
ICICI Lombard General Insurance Company Assistant Manager Salary 1 - 3 years exp. (3 salaries)	₹5 L/yr - ₹8.3 L/yr 42% more
AXA Assistant Manager Salary 5 - 9 years exp. (3 salaries)	₹16.2 L/yr - ₹18 L/yr 240% more
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Aditya Birla Insurance Brokers Assistant Manager Salary 4 - 8 years exp. (3 salaries)	₹4.9 L/yr - ₹7 L/yr 24% 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.

Experience wise HDFC Life Assistant Manager salaries in Pune

Last Updated: 30 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹7.9 L/yr
2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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3 years (3 salaries)	₹3.8 L/yr - ₹4.8 L/yr
4 years (3 salaries)	₹4.1 L/yr - ₹8.4 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.6 L/yr
6 years (3 salaries)	₹1.9 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
9 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.3 L/yr

View all

Similar Designation salaries in HDFC Life

Relationship Manager Salary

(70 salaries)

₹1.8 L/yr - ₹4.65 L/yr

Sales Manager Salary

(59 salaries)

₹2 L/yr - ₹7 L/yr

Branch Manager Salary

(24 salaries)

₹5.25 L/yr - ₹10.8 L/yr

Deputy Manager Salary

(18 salaries)

₹4.5 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

3.5

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

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

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HDFC Life Assistant Manager Salary FAQs

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

Assistant Manager salary at HDFC Life in Pune ranges between ₹3.8 Lakhs to ₹6.5 Lakhs for experience between 1 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 13 latest salaries received from various employees of HDFC Life Pune.

How does the salary of a Assistant Manager at HDFC Life Pune 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 Pune. 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 Pune.

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

AXA Assistant Manager Salary - ₹16.2 Lakhs to ₹18.0 Lakhs per year
Tata AIA Life Insurance Assistant Manager Salary - ₹4.3 Lakhs to ₹11.8 Lakhs per year
Bajaj Allianz Life Insurance Assistant Manager Salary - ₹3.5 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company Assistant Manager Salary - ₹5.0 Lakhs to ₹10.5 Lakhs per year
ICICI Lombard General Insurance Company Assistant Manager Salary - ₹5.0 Lakhs to ₹8.3 Lakhs per year

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

Aditya Birla Insurance Brokers Assistant Manager Salary - ₹4.9 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance Assistant Manager Salary - ₹4.0 Lakhs to ₹7.1 Lakhs per year
Star Health & Allied Insurance Assistant Manager Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
HDFC Ergo General Insurance Assistant Manager Salary - ₹2.3 Lakhs to ₹6.7 Lakhs per year
Aditya Birla Sun Life Insurance Assistant Manager Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year

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 ranges between ₹35,798 per month to ₹37,025 per month in Pune. The take-home salary calculation is based on the average HDFC Life Assistant Manager salary in India which ranges between ₹3.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 78% of the HDFC Life Assistant Managers in Pune reported a notice period of 1 Month, 11% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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HDFC Life Assistant Manager Salaries in Pune

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