Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary69% less than the average Associate Manager Salary in Insurance Companies for 0 - 12 years of experience
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Salaries in different departments
Customer Success, Service & Operations
Associate Manager Salary
0 - 12
years
exp.
(281
salaries)
|  ₹2.2 L/yr - ₹6.8 L/yr |
BFSI, Investments & Trading
Associate Manager Salary
0 - 12
years
exp.
(235
salaries)
| ₹2.4 L/yr - ₹7 L/yr |
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| |
Finance & Accounting
Associate Manager Salary
1 - 12
years
exp.
(64
salaries)
| ₹3.2 L/yr - ₹7 L/yr |
Human Resources
Associate Manager Salary
0 - 10
years
exp.
(32
salaries)
| ₹3 L/yr - ₹6.5 L/yr |
Data Science & Analytics
Associate Manager Salary
1 - 11
years
exp.
(27
salaries)
| ₹3.2 L/yr - ₹6.2 L/yr |
Companies similar to HDFC Life for Associate Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Axis Max Life Insurance Associate Manager Salary
1 - 8 years exp. (152 salaries) | ₹2.3 L/yr - ₹6 L/yr 
18%
less | |
 ICICI Prudential Life Insurance Associate Manager Salary
0 - 6 years exp. (100 salaries) | ₹2 L/yr - ₹6 L/yr
21%
less | |
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| ||
 ICICI Lombard General Insurance Company Associate Manager Salary
2 - 14 years exp. (46 salaries) | ₹4 L/yr - ₹12.1 L/yr 
68%
more | |
 HDFC Ergo General Insurance Associate Manager Salary
1 - 12 years exp. (48 salaries) | ₹2.6 L/yr - ₹8.5 L/yr At par | |
 Kotak Mahindara Life Insurance Associate Manager Salary
0 - 6 years exp. (15 salaries) | ₹1.9 L/yr - ₹4.8 L/yr
24%
less | |
 Bajaj Allianz Life Insurance Associate Manager Salary
0 - 13 years exp. (10 salaries) | ₹5.1 L/yr - ₹10 L/yr
63%
more | |
 Aditya Birla Sun Life Insurance Associate Manager Salary
1 - 5 years exp. (8 salaries) | ₹2.5 L/yr - ₹6.3 L/yr
24%
less | |
 Swiss Re Associate Manager Salary
5 - 8 years exp. (5 salaries) | ₹15.4 L/yr - ₹20 L/yr
270%
more | |
 Tata AIA Life Insurance Associate Manager Salary
2 - 12 years exp. (4 salaries) | ₹2.7 L/yr - ₹7.3 L/yr
9%
more | |
 Gallagher Associate Manager Salary
11 - 12 years exp. (4 salaries) | ₹16 L/yr - ₹22 L/yr
275%
more | |
 SBI General Insurance Associate Manager Salary
4 - 15 years exp. (4 salaries) | ₹4.5 L/yr - ₹6.6 L/yr
19%
more | |
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| ||
 PNB MetLife Associate Manager Salary
3 - 9 years exp. (4 salaries) | ₹2.8 L/yr - ₹13 L/yr
41%
more | |
 Reliance Nippon Life Insurance Associate Manager Salary
6 - 8 years exp. (3 salaries) | ₹4.3 L/yr - ₹6 L/yr
10%
more | |
 AXA Associate Manager Salary
8 - 10 years exp. (3 salaries) | ₹8.4 L/yr - ₹13.5 L/yr
139%
more | |
 Star Health & Allied Insurance Associate Manager Salary
1 - 5 years exp. (3 salaries) | ₹2.4 L/yr - ₹7.8 L/yr
19%
more | |
Latest annual salaries shared by HDFC Life Associate Manager
Experience wise HDFC Life Associate Manager salaries
Last Updated: 29 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (9 salaries) |
₹3
L/yr
- ₹5.1
L/yr
|
| 1 year (20 salaries) |
₹3.6
L/yr
- ₹5.8
L/yr
|
Login to view exact salary
| |
| 2 years (40 salaries) |
₹3
L/yr
- ₹5.7
L/yr
|
| 3 years (59 salaries) |
₹2.5
L/yr
- ₹6
L/yr
|
| 4 years (105 salaries) |
₹2.2
L/yr
- ₹6.5
L/yr
|
From
To
Associate Manager
Lakhs/yr
0 - 12 years exp.
Senior Manager
Lakhs/yr
2 - 20 years exp.
Associate Manager
0 - 12 years exp.
Deputy Manager
2 - 15 years exp.
64% hike
Manager
2 - 16 years exp.
16% hike
Similar Designation salaries in HDFC Life
Top skills at HDFC Life for Associate Manager
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HDFC Life Associate Manager Salary FAQs
The top 10% of Associate Manager at HDFC Life earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Associate 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 800+ HDFC Life employees in India.
- - Life Insurance
- - Grievance Handling
- - Communication Skills
- - Customer Service
- - General Insurance
These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.
| Gallagher | ₹16.0 Lakhs to ₹22.0 Lakhs per year |
| Swiss Re | ₹15.4 Lakhs to ₹20.0 Lakhs per year |
| AXA | ₹8.4 Lakhs to ₹13.5 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹4.0 Lakhs to ₹12.1 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹5.1 Lakhs to ₹10.0 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.
| PNB MetLife | ₹2.8 Lakhs to ₹13.0 Lakhs per year |
| Star Health & Allied Insurance | ₹2.4 Lakhs to ₹7.8 Lakhs per year |
| SBI General Insurance | ₹4.5 Lakhs to ₹6.6 Lakhs per year |
| Reliance Nippon Life Insurance | ₹4.3 Lakhs to ₹6.0 Lakhs per year |
| Tata AIA Life Insurance | ₹2.7 Lakhs to ₹7.3 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹3.0 Lakhs to ₹5.1 Lakhs per year |
| 1 year | ₹3.6 Lakhs to ₹5.8 Lakhs per year |
| 2 years | ₹3.0 Lakhs to ₹5.7 Lakhs per year |
| 3 years | ₹2.5 Lakhs to ₹6.0 Lakhs per year |
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HDFC Life Associate Manager salary
in
India
ranges between ₹2.2
Lakhs to ₹7
Lakhs with an average annual salary of
₹. Salary estimates are based on
828
HDFC Life latest salaries received from various employees of
HDFC Life.