HDFC Life Associate Vice President Operations Salaries by 4 Employees (Updated 2024)

12 - 19 years exp.

₹15.4 Lakhs - ₹36 Lakhs

Low Confidence

Salary of majority employees

8% more than the average Associate Vice President Operations Salary in Insurance Companies for 12 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Vice President Operations Salary 17 years exp. (AmbitionBox Estimate)	₹25.2 L/yr - ₹30.8 L/yr
Customer Success, Service & Operations Associate Vice President Operations Salary 19 years exp. (AmbitionBox Estimate)	₹13.8 L/yr - ₹16.9 L/yr
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Quality Assurance Associate Vice President Operations Salary 18 years exp. (AmbitionBox Estimate)	₹19.8 L/yr - ₹24.2 L/yr

Last Updated: 16 Mar 2023

Companies similar to HDFC Life for Associate Vice President Operations

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Associate Vice President Operations Salary 8 - 16 years exp. (12 salaries)	₹17 L/yr - ₹30 L/yr 23% less
Max Life Insurance Associate Vice President Operations Salary 20 - 22 years exp. (3 salaries)	₹25 L/yr - ₹34 L/yr 2% more
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Tata AIA Life Insurance Associate Vice President Operations Salary 23 - 28 years exp. (4 salaries)	₹32 L/yr - ₹38 L/yr 24% more
ICICI Lombard General Insurance Company Associate Vice President Operations Salary 14 - 22 years exp. (6 salaries)	₹15.8 L/yr - ₹24.3 L/yr 29% less
JPMorgan Chase & Co. Associate Vice President Operations Salary 9 - 20 years exp. (40 salaries)	₹15 L/yr - ₹34.5 L/yr 7% less

Associate Vice President Operations salary at HDFC Life ranges between ₹15.4 Lakhs to ₹36 Lakhs per year for employees with experience between 12 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Associate Vice President Operations salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹36 L/yr - ₹36 L/yr
13 years (AmbitionBox Estimate)	₹31.1 L/yr - ₹39.8 L/yr
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14 years (AmbitionBox Estimate)	₹28.7 L/yr - ₹36.7 L/yr
15+ years (3 salaries)	₹15.4 L/yr - ₹28 L/yr

Similar Designation salaries in HDFC Life

Assistant Vice President Operations Salary

(AmbitionBox Estimate)

₹23.4 L/yr - ₹29.9 L/yr

Vice President Operations Salary

(3 salaries)

₹5.9 L/yr - ₹66 L/yr

Associate Vice President Salary

(88 salaries)

₹20 L/yr - ₹55 L/yr

Assistant Vice President Salary

(15 salaries)

₹22.15 L/yr - ₹52 L/yr

Senior Vice President Salary

(9 salaries)

₹39 L/yr - ₹102 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Head Operations Salary

(4 salaries)

₹1.5 L/yr - ₹18 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Operations Manager Salary

(14 salaries)

₹3 L/yr - ₹18.6 L/yr

Operations Executive Salary

(61 salaries)

₹1.35 L/yr - ₹3.61 L/yr

Salary related reviews for HDFC Life

Operations Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Nov 2023

1.0

for Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

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.

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

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.

Branch Manager in Kolkata

Agency Channel Department

2.0

• posted on 14 May 2022

1.0

for Salary and Benefits

Likes

There is nothing as such to mention.

Dislikes

Working culture is not at all satisfactory. Regarding payout or salary of an advisor, ADM as well as appirisal of Branch Manager approved but not even processed till now. Seniors are using slang words in Concall as well as open forum.

Deputy General Manager in Bangalore / Bengaluru

IT & Information Security Department

4.0

• posted on 23 May 2022

3.0

for Salary and Benefits

Likes

Very slow growth in career progression and company doesn't spent money and time for people skill development.

Dislikes

Perfect work life balance, but learning curve and salary growth is very below compare to competition.

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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 Vice President Operations Salary FAQs

What is the salary of Associate Vice President Operations at HDFC Life?

Associate Vice President Operations salary at HDFC Life in India ranges between ₹15.4 Lakhs to ₹36.0 Lakhs for experience between 12 years to 19 years. According to our estimates it is 8% more than the average Associate Vice President Operations Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Associate Vice President Operations at HDFC Life is 8% more than the average salary of a Associate Vice President Operations in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Associate Vice President Operations in India?

Tata AIA Life Insurance Associate Vice President Operations Salary - ₹32.0 Lakhs to ₹38.0 Lakhs per year
Max Life Insurance Associate Vice President Operations Salary - ₹25.0 Lakhs to ₹34.0 Lakhs per year

What is the salary of a Associate Vice President Operations in companies similar to HDFC Life in India?

JPMorgan Chase & Co. Associate Vice President Operations Salary - ₹15.0 Lakhs to ₹34.5 Lakhs per year
SBI Life Insurance Company Associate Vice President Operations Salary - ₹17.0 Lakhs to ₹30.0 Lakhs per year
ICICI Lombard General Insurance Company Associate Vice President Operations Salary - ₹15.8 Lakhs to ₹24.3 Lakhs per year

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

The estimated take-home salary of a Associate Vice President Operations at HDFC Life ranges between ₹1,73,479 per month to ₹1,80,187 per month in India. The take-home salary calculation is based on the average HDFC Life Associate Vice President Operations salary in India which ranges between ₹15.4 Lakhs to ₹36.0 Lakhs per year for employees with experience between 12 years to 19 years. Check how did we calculate take home salary?

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HDFC Life Associate Vice President Operations Salaries

HDFC Life Associate Vice President Operations salary in India ranges between ₹15.4 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Associate Vice President Operations salaries in India

Companies similar to HDFC Life for Associate Vice President Operations

Latest annual salaries shared by HDFC Life Associate Vice President Operations

Experience wise HDFC Life Associate Vice President Operations salaries

Similar Designation salaries in HDFC Life

Salary related reviews for HDFC Life

Operations Manager in Mumbai

Deputy Manager in Mumbai

Deputy Manager in Mumbai

Branch Manager in Kolkata

Deputy General Manager in Bangalore / Bengaluru

HDFC Life Associate Vice President Operations Salary FAQs

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