HDFC Life Associate Manager Salaries by 800+ Employees (Updated 2025)

0 - 12 years exp.

₹2.5 Lakhs - ₹7 Lakhs

Salary of majority employees

69% 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. (277 salaries)	₹2.6 L/yr - ₹6.8 L/yr
BFSI, Investments & Trading Associate Manager Salary 0 - 12 years exp. (243 salaries)	₹2.5 L/yr - ₹7 L/yr
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Finance & Accounting Associate Manager Salary 1 - 12 years exp. (65 salaries)	₹3.2 L/yr - ₹6.9 L/yr
Human Resources Associate Manager Salary 0 - 10 years exp. (31 salaries)	₹3 L/yr - ₹6.5 L/yr
Data Science & Analytics Associate Manager Salary 1 - 11 years exp. (26 salaries)	₹3.2 L/yr - ₹6.2 L/yr

View all

Last Updated: 20 Feb 2025

Companies similar to HDFC Life for Associate Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Associate Manager Salary 0 - 7 years exp. (95 salaries)	₹2 L/yr - ₹6 L/yr 24% less
Max Life Insurance Associate Manager Salary 1 - 8 years exp. (173 salaries)	₹2.3 L/yr - ₹5.8 L/yr 22% less
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Bajaj Allianz Life Insurance Associate Manager Salary 5 - 13 years exp. (8 salaries)	₹5.1 L/yr - ₹9.9 L/yr 53% more
Tata AIA Life Insurance Associate Manager Salary 2 - 12 years exp. (4 salaries)	₹2.7 L/yr - ₹7.3 L/yr 9% more
ICICI Lombard General Insurance Company Associate Manager Salary 2 - 14 years exp. (49 salaries)	₹5.8 L/yr - ₹12.1 L/yr 77% more
HDFC Ergo General Insurance Associate Manager Salary 1 - 12 years exp. (50 salaries)	₹2.6 L/yr - ₹8.5 L/yr 6% more
Kotak Mahindara Life Insurance Associate Manager Salary 0 - 6 years exp. (14 salaries)	₹3 L/yr - ₹4.8 L/yr 24% less
Aditya Birla Sun Life Insurance Associate Manager Salary 1 - 5 years exp. (8 salaries)	₹2.5 L/yr - ₹6.3 L/yr 25% less
Swiss Re Associate Manager Salary 5 - 8 years exp. (5 salaries)	₹15.4 L/yr - ₹20 L/yr 271% more
Reliance Nippon Life Insurance Associate Manager Salary 6 - 8 years exp. (3 salaries)	₹4.3 L/yr - ₹6 L/yr 10% more
PNB MetLife Associate Manager Salary 3 - 9 years exp. (4 salaries)	₹2.8 L/yr - ₹13 L/yr 42% more
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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

Associate Manager salary at HDFC Life ranges between ₹2.5 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 826 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Associate Manager salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
Fresher (12 salaries)	₹3 L/yr - ₹5.1 L/yr
1 year (17 salaries)	₹3.6 L/yr - ₹5.7 L/yr
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2 years (42 salaries)	₹3 L/yr - ₹6.2 L/yr
3 years (59 salaries)	₹2.5 L/yr - ₹6 L/yr
4 years (102 salaries)	₹2.5 L/yr - ₹6.3 L/yr
5 years (140 salaries)	₹2.7 L/yr - ₹6.8 L/yr
6 years (131 salaries)	₹3 L/yr - ₹6.8 L/yr
7 years (102 salaries)	₹3 L/yr - ₹6.6 L/yr
8 years (78 salaries)	₹3 L/yr - ₹7 L/yr
9 years (52 salaries)	₹3.2 L/yr - ₹6.8 L/yr
10 years (45 salaries)	₹3.3 L/yr - ₹6.6 L/yr
11 years (22 salaries)	₹3 L/yr - ₹6.8 L/yr
12 years (24 salaries)	₹3.8 L/yr - ₹6.5 L/yr

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From

Associate Manager

₹

Lakhs/yr

0 - 12 years exp.

Senior Manager

₹

Lakhs/yr

2 - 18 years exp.

Associate Manager 0 - 12 years exp.

Deputy Manager 0 - 15 years exp.

65% hike

Manager 2 - 16 years exp.

14% hike

Similar Designation salaries in HDFC Life

Project Manager Salary

(19 salaries)

₹6.56 L/yr - ₹18 L/yr

Associate Consultant Salary

(5 salaries)

₹1.85 L/yr - ₹3.25 L/yr

Project Lead Salary

(3 salaries)

₹6 L/yr - ₹12.6 L/yr

Software Engineer Salary

(35 salaries)

₹6.5 L/yr - ₹16.4 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹20.3 L/yr - ₹26 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Lead Engineer Salary

(3 salaries)

₹12.5 L/yr - ₹31 L/yr

Team Lead Salary

(58 salaries)

₹1.35 L/yr - ₹8.5 L/yr

Senior Associate Salary

(755 salaries)

₹1.1 L/yr - ₹4.6 L/yr

Technical Architect Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Top skills at HDFC Life for Associate Manager

Life Insurance Grievance Handling Communication Skills Customer Service General Insurance

Salary related reviews for HDFC Life

3.3

Rated by 145 employees for salary & benefits

Associate Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 08 Jun 2023

4.0

for Salary and Benefits

Likes

As a corporate getting salary on time till I am here. But Now just want to switch.

Salary - Good

Dislikes

They hire for one role then will give sales target more then a sales officer always treating like they did favour by giving the job. But didn't know we have selected by giving the examination and multiple interview. And after that thay pinch you they did a wrong selection.

Associate Manager in Hubli

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 02 Oct 2022

3.0

for Salary and Benefits

Likes

I was there in the company for 5.10 years the company work experience is life time in mind. The best company for updating degital services n customer oriented.

Skill development - Excellent

+5 more

Dislikes

There are no growth in Salary matters since for vintage employees.

Associate Manager in Mumbai Goregaon

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 25 Oct 2022

5.0

for Salary and Benefits

Likes

Well it's depends upon your department. Service branch operations culture is not much good what we think about HDFC LIFE from outside.

Salary - Excellent

+6 more

Dislikes

Not satisfied with work environment, No increament, no Bonus and No job satisfaction. Only have Brand name nothing else.

Associate Manager in Thane

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2020

2.0

for Salary and Benefits

Likes

We all are doing work from home,but still company is giving full salary without any deduction.

Skill development - Good

Dislikes

Appraisal is not happened in current situation i.e covid 19 Wherever we did in last FY we are not getting increment. Company have earn profit in last FY but still management has taken decision there is no increment to all employee.

Salary - Poor

+2 more

Associate Manager in Mumbai

Technology Department

5.0

• posted on 17 Apr 2018

3.0

for Salary and Benefits

Likes

Career growth is excellent, leadership skills is added advantage.

Skill development - Excellent

+3 more

Dislikes

Personal growth in terms of salary is too poor, no values/rewards for excellent work. The salary structure for eg variable is included in the CTC which is worst as other standard organisation. Variable commitments are too poor.

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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HDFC Life Associate Manager Salary FAQs

What is the salary of Associate Manager at HDFC Life?

Associate Manager salary at HDFC Life in India ranges between ₹2.5 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 69% less than the average Associate Manager Salary in India. Salary estimates are based on 826 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Associate Manager at HDFC Life is 69% less than the average salary of a Associate Manager in India. To know exact salary insights, login to view.

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

Life Insurance, Grievance Handling, Communication Skills, Customer Service and General Insurance are some of the popular skills required to work as a Associate Manager at HDFC Life India.

Which similar companies are paying more than HDFC Life to a Associate Manager in India?

Swiss Re Associate Manager Salary - ₹15.4 Lakhs to ₹20.0 Lakhs per year
AXA Associate Manager Salary - ₹8.4 Lakhs to ₹13.5 Lakhs per year
ICICI Lombard General Insurance Company Associate Manager Salary - ₹5.8 Lakhs to ₹12.1 Lakhs per year
Bajaj Allianz Life Insurance Associate Manager Salary - ₹5.1 Lakhs to ₹9.9 Lakhs per year
PNB MetLife Associate Manager Salary - ₹2.8 Lakhs to ₹13.0 Lakhs per year

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

Star Health & Allied Insurance Associate Manager Salary - ₹2.4 Lakhs to ₹7.8 Lakhs per year
Reliance Nippon Life Insurance Associate Manager Salary - ₹4.3 Lakhs to ₹6.0 Lakhs per year
Tata AIA Life Insurance Associate Manager Salary - ₹2.7 Lakhs to ₹7.3 Lakhs per year
HDFC Ergo General Insurance Associate Manager Salary - ₹2.6 Lakhs to ₹8.5 Lakhs per year
Max Life Insurance Associate Manager Salary - ₹2.3 Lakhs to ₹5.8 Lakhs per year

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

The estimated take-home salary of a Associate Manager at HDFC Life ranges between ₹36,057 per month to ₹37,281 per month in India. The take-home salary calculation is based on the average HDFC Life Associate Manager salary in India which ranges between ₹2.5 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 61% of the HDFC Life Associate Managers reported a notice period of 2 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 702 responses on AmbitionBox in last 2 years.

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HDFC Life Associate Manager Salaries

HDFC Life Associate Manager salary in India ranges between ₹2.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 826 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Associate Manager salaries in India

Companies similar to HDFC Life for Associate Manager

Latest annual salaries shared by HDFC Life Associate Manager

Experience wise HDFC Life Associate Manager salaries

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Associate Manager

Salary related reviews for HDFC Life

Associate Manager in Bhubaneswar

Associate Manager in Hubli

Associate Manager in Mumbai Goregaon

Associate Manager in Thane

Associate Manager in Mumbai

HDFC Life Associate Manager Salary FAQs

Tell us how to improve this page.

HDFC Life Associate Manager Salaries by Location