HDFC Life Mumbai Associate Vice President Salaries by 50+ Employees (Updated 2025)

9 - 24 years exp.

₹18 Lakhs - ₹50 Lakhs

Salary of majority employees

At par with the average Associate Vice President Salary in Insurance Companies for 9 - 24 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Associate Vice President Salary 9 - 21 years exp. (16 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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Customer Success, Service & Operations Associate Vice President Salary 14 - 20 years exp. (4 salaries)	₹22.1 L/yr - ₹33.5 L/yr
Strategic & Top Management Associate Vice President Salary 13 - 15 years exp. (4 salaries)	₹36.4 L/yr - ₹46.8 L/yr
Product Management Associate Vice President Salary 14 - 18 years exp. (3 salaries)	₹31.5 L/yr - ₹36.5 L/yr

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Last Updated: 14 Feb 2025

Companies similar to HDFC Life for Associate Vice President in Mumbai

HDFC Life Associate Vice President Salary

9 - 24 years exp. (57 salaries)

₹18 L/yr - ₹50 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Associate Vice President Salary 10 - 19 years exp. (18 salaries)	₹24 L/yr - ₹41.3 L/yr 2% more
SBI Life Insurance Company Associate Vice President Salary 9 - 20 years exp. (78 salaries)	₹12 L/yr - ₹36 L/yr 28% less
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Max Life Insurance Associate Vice President Salary 15 - 20 years exp. (8 salaries)	₹12 L/yr - ₹44 L/yr 7% less
Bajaj Allianz Life Insurance Associate Vice President Salary 10 - 21 years exp. (14 salaries)	₹22 L/yr - ₹44.6 L/yr At par
Tata AIA Life Insurance Associate Vice President Salary 7 - 13 years exp. (13 salaries)	₹19 L/yr - ₹67.8 L/yr 20% more
ICICI Lombard General Insurance Company Associate Vice President Salary 6 - 20 years exp. (136 salaries)	₹15 L/yr - ₹35 L/yr 25% less
Aditya Birla Sun Life Insurance Associate Vice President Salary 7 - 17 years exp. (20 salaries)	₹24 L/yr - ₹47 L/yr 10% more
Reliance Nippon Life Insurance Associate Vice President Salary 15 - 23 years exp. (17 salaries)	₹13.9 L/yr - ₹32 L/yr 28% less
HDFC Ergo General Insurance Associate Vice President Salary 12 - 18 years exp. (12 salaries)	₹13 L/yr - ₹29.5 L/yr 33% less
Kotak Mahindra General Insurance Associate Vice President Salary 7 - 18 years exp. (11 salaries)	₹8 L/yr - ₹22.5 L/yr 42% less
Kotak Mahindara Life Insurance Associate Vice President Salary 12 - 21 years exp. (6 salaries)	₹14.5 L/yr - ₹22.4 L/yr 45% less
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Associate Vice President salary at HDFC Life ranges between ₹18 Lakhs to ₹50 Lakhs per year for employees with experience between 9 years to 24 years. Salary estimates are based on 57 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Associate Vice President salaries in Mumbai

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹30 L/yr - ₹57.1 L/yr
10 years (AmbitionBox Estimate)	₹28.8 L/yr - ₹57.2 L/yr
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11 years (AmbitionBox Estimate)	₹28.6 L/yr - ₹36.5 L/yr
12 years (AmbitionBox Estimate)	₹28.6 L/yr - ₹36.6 L/yr
13 years (5 salaries)	₹30.2 L/yr - ₹47 L/yr
14 years (7 salaries)	₹20.1 L/yr - ₹47 L/yr
15+ years (43 salaries)	₹18 L/yr - ₹50 L/yr

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From

Associate Vice President

9 - 24 years exp.

Vice President

₹

Lakhs/yr

12 - 27 years exp.

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

Software Engineer Salary

(19 salaries)

₹7.5 L/yr - ₹20.55 L/yr

Project Manager Salary

(16 salaries)

₹6.56 L/yr - ₹16.5 L/yr

Senior Software Engineer Salary

(12 salaries)

₹12.6 L/yr - ₹23 L/yr

Senior Consultant Salary

(4 salaries)

₹4.2 L/yr - ₹17.5 L/yr

Top skills at HDFC Life for Associate Vice President

Finance Life Insurance Problem Solving Insurance Stakeholder Management Strategic Thinking Sales Strategy Life Cycle Strategy Development Bancassurance Service Excellence Bfsi Sales B2B Sales Team Handling Strategic Planning

Salary related reviews for HDFC Life

4.1

Rated by 6 employees for salary & benefits

Senior Associate in Machilipatnam

Full Time

Other Department

4.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

Skill development - Excellent

+2 more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

Promotions - Poor

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

Salary - Bad

+6 more

Senior Associate in Patna

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Low salary structure Unwanted work pressure Dirty politics Zero growth if you're not a politician in the company Non recognition of your good work No incentives even after having huge targets Manual rating system of employees, you will be judged by your amount of buttering not by your performance. Overall very bad work culture

Salary - Bad

+6 more

Senior Associate in Ghaziabad

Branch Operations Department

3.0

• posted on 02 Aug 2022

1.0

for Salary and Benefits

Likes

...omplete your assigned task. And it is achievable if proper direction provided. Salary will be on time always no delay.

Job security - Excellent

+1 more

Dislikes

...ay of the month you will have to do work from home and do the revival calling. In branch operations 80% is sales and 20% is operations work but salary will be according to operations.

Salary - Bad

+1 more

Senior Associate in Marathalli

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 16 Sep 2022

3.0

for Salary and Benefits

Likes

Once you got job you can not leave that company. Because the seniors don't want you to leave .

Skill development - Good

+2 more

Dislikes

Work in pressure. Less salary. Late night working. They ask you to go to different branches on different days and they don't even pay charges.

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 Vice President Salary FAQs

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

Associate Vice President salary at HDFC Life in Mumbai ranges between ₹18.0 Lakhs to ₹50.0 Lakhs for experience between 9 years to 24 years. According to our estimates it is 4% more than the average Associate Vice President Salary in India. Salary estimates are based on 57 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Associate Vice President at HDFC Life is 4% more than the average salary of a Associate Vice President in Mumbai. To know exact salary insights, login to view.

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

Finance, Life Insurance, Problem Solving, Insurance and Stakeholder Management are some of the popular skills required to work as a Associate Vice President at HDFC Life Mumbai.

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

Tata AIA Life Insurance Associate Vice President Salary - ₹19.0 Lakhs to ₹67.8 Lakhs per year
Aditya Birla Sun Life Insurance Associate Vice President Salary - ₹24.0 Lakhs to ₹47.0 Lakhs per year
ICICI Prudential Life Insurance Associate Vice President Salary - ₹24.0 Lakhs to ₹41.3 Lakhs per year
Bajaj Allianz Life Insurance Associate Vice President Salary - ₹22.0 Lakhs to ₹44.6 Lakhs per year

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

Max Life Insurance Associate Vice President Salary - ₹12.0 Lakhs to ₹44.0 Lakhs per year
ICICI Lombard General Insurance Company Associate Vice President Salary - ₹15.0 Lakhs to ₹35.0 Lakhs per year
SBI Life Insurance Company Associate Vice President Salary - ₹12.0 Lakhs to ₹36.0 Lakhs per year
Reliance Nippon Life Insurance Associate Vice President Salary - ₹13.9 Lakhs to ₹32.0 Lakhs per year
HDFC Ergo General Insurance Associate Vice President Salary - ₹13.0 Lakhs to ₹29.5 Lakhs per year

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

The estimated take-home salary of a Associate Vice President at HDFC Life ranges between ₹1,95,019 per month to ₹2,02,700 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Associate Vice President salary in India which ranges between ₹18.0 Lakhs to ₹50.0 Lakhs per year for employees with experience between 9 years to 24 years. Check how did we calculate take home salary?

What is the notice period for Associate Vice President at HDFC Life in Mumbai?

According to AmbitionBox, 92% of the HDFC Life Associate Vice Presidents in Mumbai reported a notice period of 3 Months, 8% reported a notice period of 1 Month.This is based on 26 responses on AmbitionBox in last 2 years.

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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 57 HDFC Life latest salaries received from various employees of HDFC Life.