Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryAt par with the average Associate Vice President Salary in Insurance Companies for 9 - 24 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Associate Vice President Salary
9 - 21
years
exp.
(15
salaries)
|  ₹20 L/yr - ₹41.5 L/yr |
Project & Program Management
Associate Vice President Salary
13 - 21
years
exp.
(6
salaries)
| ₹29 L/yr - ₹50 L/yr |
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| |
Strategic & Top Management
Associate Vice President Salary
11 - 15
years
exp.
(5
salaries)
| ₹37.2 L/yr - ₹46.8 L/yr |
Customer Success, Service & Operations
Associate Vice President Salary
15 - 20
years
exp.
(3
salaries)
| ₹25.4 L/yr - ₹33.5 L/yr |
Finance & Accounting
Associate Vice President Salary
13 - 19
years
exp.
(3
salaries)
| ₹34.5 L/yr - ₹43.2 L/yr |
Companies similar to HDFC Life for Associate Vice President in Mumbai
HDFC Life
Associate Vice President Salary
9 - 24 years exp. (58 salaries) |  ₹18 L/yr - ₹50 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Associate Vice President Salary
6 - 20 years exp. (137 salaries) | ₹15 L/yr - ₹37.5 L/yr 
26%
less | |
 SBI Life Insurance Company Associate Vice President Salary
9 - 20 years exp. (80 salaries) | ₹12 L/yr - ₹36 L/yr
25%
less | |
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| ||
 Aditya Birla Sun Life Insurance Associate Vice President Salary
7 - 17 years exp. (20 salaries) | ₹24 L/yr - ₹47 L/yr 
5%
more | |
 ICICI Prudential Life Insurance Associate Vice President Salary
10 - 19 years exp. (18 salaries) | ₹24 L/yr - ₹41.3 L/yr At par | |
 Reliance Nippon Life Insurance Associate Vice President Salary
15 - 23 years exp. (17 salaries) | ₹13.9 L/yr - ₹32 L/yr
29%
less | |
 Bajaj Allianz Life Insurance Associate Vice President Salary
10 - 21 years exp. (14 salaries) | ₹22 L/yr - ₹44.6 L/yr
5%
more | |
 Tata AIA Life Insurance Associate Vice President Salary
7 - 13 years exp. (13 salaries) | ₹19 L/yr - ₹67.8 L/yr
18%
more | |
 HDFC Ergo General Insurance Associate Vice President Salary
12 - 18 years exp. (13 salaries) | ₹8.4 L/yr - ₹29.5 L/yr
36%
less | |
 Kotak Mahindra General Insurance Associate Vice President Salary
7 - 18 years exp. (11 salaries) | ₹8 L/yr - ₹22.5 L/yr
42%
less | |
 Axis Max Life Insurance Associate Vice President Salary
15 - 20 years exp. (8 salaries) | ₹12 L/yr - ₹44 L/yr
12%
less | |
 SBI General Insurance Associate Vice President Salary
17 - 23 years exp. (7 salaries) | ₹20 L/yr - ₹33 L/yr
22%
less | |
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| ||
 Kotak Mahindara Life Insurance Associate Vice President Salary
12 - 21 years exp. (6 salaries) | ₹14.5 L/yr - ₹22.4 L/yr
45%
less | |
Latest annual salaries shared by HDFC Life Associate Vice President in Mumbai
Experience wise HDFC Life Associate Vice President salaries in Mumbai
Last Updated: 14 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 9 years (AmbitionBox Estimate) |
₹27.9
L/yr
- ₹35.6
L/yr
|
| 10 years (AmbitionBox Estimate) |
₹28
L/yr
- ₹35.8
L/yr
|
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| |
| 11 years (AmbitionBox Estimate) |
₹28.2
L/yr
- ₹36
L/yr
|
| 12 years (AmbitionBox Estimate) |
₹28.3
L/yr
- ₹36.2
L/yr
|
| 13 years (6 salaries) |
₹30.2
L/yr
- ₹47
L/yr
|
From
To
Associate Vice President
9 - 24 years exp.
Vice President
12 - 27 years exp.
Similar Designation salaries in HDFC Life
Top skills at HDFC Life for Associate Vice President
Salary related reviews for HDFC Life
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Top trending discussions
HDFC Life Associate Vice President Salary FAQs
The top 10% of Associate Vice President in Mumbai at HDFC Life earn more than ₹45.6 Lakhs per year, and the top 1% earn over ₹49.9 Lakhs per year. Associate Vice President 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 50+ HDFC Life employees in India.
- - Finance
- - Life Insurance
- - Problem Solving
- - Insurance
- - Stakeholder Management
These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.
| Tata AIA Life Insurance | ₹19.0 Lakhs to ₹67.8 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹22.0 Lakhs to ₹44.6 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹24.0 Lakhs to ₹47.0 Lakhs per year |
| ICICI Prudential Life Insurance | ₹24.0 Lakhs to ₹41.3 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.
| Axis Max Life Insurance | ₹12.0 Lakhs to ₹44.0 Lakhs per year |
| SBI General Insurance | ₹20.0 Lakhs to ₹33.0 Lakhs per year |
| SBI Life Insurance Company | ₹12.0 Lakhs to ₹36.0 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹15.0 Lakhs to ₹37.5 Lakhs per year |
| Reliance Nippon Life Insurance | ₹13.9 Lakhs to ₹32.0 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 |
|---|---|
| 9 years | ₹27.9 Lakhs to ₹35.6 Lakhs per year |
| 10 years | ₹28.0 Lakhs to ₹35.8 Lakhs per year |
| 11 years | ₹28.2 Lakhs to ₹36.0 Lakhs per year |
| 12 years | ₹28.3 Lakhs to ₹36.2 Lakhs per year |
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- HDFC Life Associate Vice President Salaries in Mumbai
HDFC Life Associate Vice President salary
in
Mumbai
ranges between ₹18
Lakhs to ₹50
Lakhs with an average annual salary of
₹. Salary estimates are based on
58
HDFC Life latest salaries received from various employees of
HDFC Life.