HDFC Life Associate Agency Development Manager Salaries by 6 Employees (Updated 2025)

1 - 11 years exp.

₹3.7 Lakhs - ₹5.6 Lakhs

Low Confidence

Salary of majority employees

12% more than the average Associate Agency Development Manager Salary in Insurance Companies for 1 - 11 years of experience

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Salaries in different departments

Teaching & Training Associate Agency Development Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹5.8 L/yr
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Sales & Business Development Associate Agency Development Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

Last Updated: 17 Jan 2024

Companies similar to HDFC Life for Associate Agency Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Associate Agency Development Manager Salary 0 - 4 years exp. (3 salaries)	₹2.7 L/yr - ₹5 L/yr 13% less
Max Life Insurance Associate Agency Development Manager Salary 0 - 11 years exp. (358 salaries)	₹2.3 L/yr - ₹5.3 L/yr 9% less	28 job openings
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Kotak Mahindara Life Insurance Associate Agency Development Manager Salary 1 - 2 years exp. (3 salaries)	₹1 L/yr - ₹2.6 L/yr 43% less
HDFC Ergo General Insurance Associate Agency Development Manager Salary 0 - 8 years exp. (29 salaries)	₹2.9 L/yr - ₹4 L/yr 19% less
ICICI Lombard General Insurance Company Associate Agency Development Manager Salary 0 - 2 years exp. (7 salaries)	₹2.4 L/yr - ₹2.8 L/yr 40% less
Shriram Life Insurance Associate Agency Development Manager Salary 8 - 10 years exp. (3 salaries)	₹2.5 L/yr - ₹3.2 L/yr 36% less

Associate Agency Development Manager salary at HDFC Life ranges between ₹3.7 Lakhs to ₹5.6 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Associate Agency Development Manager salaries

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.7 L/yr - ₹7.5 L/yr
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
10 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹8 L/yr
11 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr

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Salary related reviews for HDFC Life

Business Development Manager in Vasai-Virar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 May 2024

3.0

for Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

Work satisfaction - Bad

+2 more

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Oct 2023

3.0

for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

Skill development - Poor

+5 more

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

Job security - Good

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

2.0

for Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

Salary - Poor

+3 more

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I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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HDFC Life Associate Agency Development Manager Salary FAQs

What is the salary of Associate Agency Development Manager at HDFC Life?

Associate Agency Development Manager salary at HDFC Life in India ranges between ₹3.7 Lakhs to ₹5.6 Lakhs for experience between 1 years to 11 years. According to our estimates it is 12% more than the average Associate Agency Development Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life India.

How does the salary of a Associate Agency Development Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Associate Agency Development Manager at HDFC Life is 12% more than the average salary of a Associate Agency Development Manager in India. To know exact salary insights, login to view.

What is the salary of a Associate Agency Development Manager in companies similar to HDFC Life in India?

Max Life Insurance Associate Agency Development Manager Salary - ₹2.3 Lakhs to ₹5.3 Lakhs per year
ICICI Prudential Life Insurance Associate Agency Development Manager Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year
HDFC Ergo General Insurance Associate Agency Development Manager Salary - ₹2.9 Lakhs to ₹4.0 Lakhs per year
Shriram Life Insurance Associate Agency Development Manager Salary - ₹2.5 Lakhs to ₹3.2 Lakhs per year
ICICI Lombard General Insurance Company Associate Agency Development Manager Salary - ₹2.4 Lakhs to ₹2.8 Lakhs per year

What is the estimated take home salary of a Associate Agency Development Manager at HDFC Life in India?

The estimated take-home salary of a Associate Agency Development Manager at HDFC Life ranges between ₹32,035 per month to ₹33,319 per month in India. The take-home salary calculation is based on the average HDFC Life Associate Agency Development Manager salary in India which ranges between ₹3.7 Lakhs to ₹5.6 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Associate Agency Development Manager at HDFC Life?

According to AmbitionBox, 88% of the HDFC Life Associate Agency Development Managers reported a notice period of 1 Month, 12% reported a notice period of 15 days or less.This is based on 8 responses on AmbitionBox in last 2 years.

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HDFC Life Associate Agency Development Manager Salaries

HDFC Life Associate Agency Development Manager salary in India ranges between ₹3.7 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Life latest salaries received from various employees of HDFC Life.