HDFC Life Mumbai Suburban Associate Manager Salaries by 10+ Employees (Updated 2024)

3 - 10 years exp.

₹2.8 Lakhs - ₹5.5 Lakhs

Salary of majority employees

25% less than the average Associate Manager Salary in Insurance Companies for 3 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Associate Manager Salary 3 - 9 years exp. (7 salaries)	₹2.8 L/yr - ₹5.2 L/yr
Customer Success, Service & Operations Associate Manager Salary 4 - 10 years exp. (6 salaries)	₹3 L/yr - ₹5.5 L/yr
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Data Science & Analytics Associate Manager Salary 3 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.1 L/yr
Finance & Accounting Associate Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5.3 L/yr

Last Updated: 10 Dec 2024

Companies similar to HDFC Life for Associate Manager in Mumbai Suburban

HDFC Life Associate Manager Salary

3 - 10 years exp. (15 salaries)

₹2.8 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Associate Manager Salary 1 - 7 years exp. (17 salaries)	₹2 L/yr - ₹5 L/yr 23% less
Lionbridge Technologies Associate Manager Salary 10 - 12 years exp. (3 salaries)	₹6.2 L/yr - ₹6.9 L/yr 43% more
Login to view exact salary
Bharti AXA Life Insurance Associate Manager Salary 4 - 8 years exp. (3 salaries)	₹5.5 L/yr - ₹8.6 L/yr 65% more

Associate Manager salary at HDFC Life ranges between ₹2.8 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 15 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Associate Manager salaries in Mumbai Suburban

Last Updated: 10 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
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5 years (4 salaries)	₹2.8 L/yr - ₹8.3 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹8.4 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
9 years (4 salaries)	₹3.8 L/yr - ₹8.8 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.9 L/yr

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From

Associate Manager

₹

Lakhs/yr

0 - 12 years exp.

Chief Manager

₹

Lakhs/yr

5 - 20 years exp.

Associate Manager 0 - 12 years exp.

Deputy Manager 2 - 15 years exp.

66% hike

Manager 1 - 16 years exp.

14% hike

Similar Designation salaries in HDFC Life

Senior Associate Salary

(32 salaries)

₹1.97 L/yr - ₹4.15 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

2.0

Rated by 2 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.

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.

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.

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.

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.

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.

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

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Life Associate Manager Salary FAQs

What is the salary of Associate Manager at HDFC Life Mumbai Suburban?

Associate Manager salary at HDFC Life in Mumbai Suburban ranges between ₹2.8 Lakhs to ₹5.5 Lakhs for experience between 3 years to 10 years. According to our estimates it is 25% less than the average Associate Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of HDFC Life Mumbai Suburban.

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

The average salary of a Associate Manager at HDFC Life is 25% less than the average salary of a Associate Manager in Mumbai Suburban. 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 Mumbai Suburban.

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

Bharti AXA Life Insurance Associate Manager Salary - ₹5.5 Lakhs to ₹8.6 Lakhs per year
Lionbridge Technologies Associate Manager Salary - ₹6.2 Lakhs to ₹6.9 Lakhs per year

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

IndusInd Bank Associate Manager Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Associate Manager at HDFC Life ranges between ₹34,977 per month to ₹36,217 per month in Mumbai Suburban. The take-home salary calculation is based on the average HDFC Life Associate Manager salary in India which ranges between ₹2.8 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 86% of the HDFC Life Associate Managers in Mumbai Suburban reported a notice period of 2 Months, 14% reported a notice period of 3 Months.This is based on 7 responses on AmbitionBox in last 2 years.

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HDFC Life Associate Manager Salaries in Mumbai Suburban

HDFC Life Associate Manager salary in Mumbai Suburban ranges between ₹2.8 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 HDFC Life latest salaries received from various employees of HDFC Life.