HDFC Life Bangalore / Bengaluru Associate Manager Salaries by 60+ Employees (Updated 2025)

1 - 12 years exp.

₹3.1 Lakhs - ₹7 Lakhs

Salary of majority employees

Fixed (92%)

₹4.5 Lakhs

Variable (8%)

₹0.4 Lakh

71% less than the average Associate Manager Salary in Insurance Companies for 1 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Customer Success, Service & Operations Associate Manager Salary 2 - 12 years exp. (27 salaries)	₹3.5 L/yr - ₹5.5 L/yr
BFSI, Investments & Trading Associate Manager Salary 2 - 12 years exp. (18 salaries)	₹3.1 L/yr - ₹7 L/yr
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Finance & Accounting Associate Manager Salary 1 - 10 years exp. (9 salaries)	₹3.6 L/yr - ₹5.8 L/yr
Human Resources Associate Manager Salary 4 - 8 years exp. (5 salaries)	₹3.2 L/yr - ₹5.4 L/yr
Data Science & Analytics Associate Manager Salary 5 - 8 years exp. (4 salaries)	₹4.7 L/yr - ₹5.5 L/yr

View all

Last Updated: 15 Feb 2025

Companies similar to HDFC Life for Associate Manager in Bangalore / Bengaluru

HDFC Life Associate Manager Salary

1 - 12 years exp. (68 salaries)

₹3.1 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Associate Manager Salary 0 - 5 years exp. (5 salaries)	₹2.7 L/yr - ₹5.7 L/yr 22% less
Axis Max Life Insurance Associate Manager Salary 2 - 7 years exp. (5 salaries)	₹3.5 L/yr - ₹4 L/yr 20% less
Login to view exact salary
Swiss Re Associate Manager Salary 5 - 8 years exp. (4 salaries)	₹15.4 L/yr - ₹18 L/yr 255% more
Gallagher Associate Manager Salary 11 - 12 years exp. (4 salaries)	₹16 L/yr - ₹22 L/yr 270% more
ICICI Lombard General Insurance Company Associate Manager Salary 2 - 4 years exp. (4 salaries)	₹8 L/yr - ₹12.1 L/yr 82% more
HDFC Ergo General Insurance Associate Manager Salary 6 - 7 years exp. (3 salaries)	₹3.8 L/yr - ₹6.5 L/yr 5% more

Associate Manager salary at HDFC Life ranges between ₹3.1 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 68 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Associate Manager salaries in Bangalore / Bengaluru

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.8 L/yr - ₹5.4 L/yr
2 years (4 salaries)	₹4 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.8 L/yr
4 years (12 salaries)	₹3.1 L/yr - ₹6.3 L/yr
5 years (7 salaries)	₹3.6 L/yr - ₹6.3 L/yr
6 years (5 salaries)	₹4.3 L/yr - ₹8.8 L/yr
7 years (10 salaries)	₹3.5 L/yr - ₹5.2 L/yr
8 years (12 salaries)	₹4 L/yr - ₹7 L/yr
9 years (6 salaries)	₹4.6 L/yr - ₹5.6 L/yr
10 years (4 salaries)	₹3.9 L/yr - ₹5.2 L/yr
11 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.3 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹5.5 L/yr

View all

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

2 - 15 years exp.

65% hike

Manager

1 - 16 years exp.

20% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Life

Senior Associate Salary

(33 salaries)

₹2.03 L/yr - ₹4.5 L/yr

Team Lead Salary

(13 salaries)

₹1.8 L/yr - ₹8.5 L/yr

Software Engineer Salary

(4 salaries)

₹7 L/yr - ₹15.6 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

2.9

Rated by 6 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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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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HDFC Life Associate Manager Salary FAQs

What is the salary of Associate Manager at HDFC Life Bangalore / Bengaluru?

Associate Manager salary at HDFC Life in Bangalore / Bengaluru ranges between ₹3.1 Lakhs to ₹7.0 Lakhs for experience between 1 years to 12 years. According to our estimates it is 71% less than the average Associate Manager Salary in India. Salary estimates are based on 68 latest salaries received from various employees of HDFC Life Bangalore / Bengaluru.

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

The average salary of a Associate Manager at HDFC Life is 71% less than the average salary of a Associate Manager in Bangalore / Bengaluru. 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 Bangalore / Bengaluru.

Which similar companies are paying more than HDFC Life to a Associate Manager in Bangalore / Bengaluru?

Gallagher Associate Manager Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
Swiss Re Associate Manager Salary - ₹15.4 Lakhs to ₹18.0 Lakhs per year
ICICI Lombard General Insurance Company Associate Manager Salary - ₹8.0 Lakhs to ₹12.1 Lakhs per year
HDFC Ergo General Insurance Associate Manager Salary - ₹3.8 Lakhs to ₹6.5 Lakhs per year

What is the salary of a Associate Manager in companies similar to HDFC Life in Bangalore / Bengaluru?

Axis Max Life Insurance Associate Manager Salary - ₹3.5 Lakhs to ₹4.0 Lakhs per year
ICICI Prudential Life Insurance Associate Manager Salary - ₹2.7 Lakhs to ₹5.7 Lakhs per year

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

The estimated take-home salary of a Associate Manager at HDFC Life ranges between ₹36,657 per month to ₹37,873 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average HDFC Life Associate Manager salary in India which ranges between ₹3.1 Lakhs to ₹7.0 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Associate Manager at HDFC Life in Bangalore / Bengaluru?

According to AmbitionBox, 51% of the HDFC Life Associate Managers in Bangalore / Bengaluru reported a notice period of 2 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 55 responses on AmbitionBox in last 2 years.

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HDFC Life Associate Manager Salaries in Bangalore / Bengaluru

HDFC Life Associate Manager salary in Bangalore / Bengaluru ranges between ₹3.1 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 68 HDFC Life latest salaries received from various employees of HDFC Life.