HDFC Life Mumbai Associate Salaries by 100+ Employees (Updated 2025)

0 - 3 years exp.

₹1.1 Lakh - ₹3.3 Lakhs

Salary of majority employees

76% less than the average Associate Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations Associate Salary 0 - 3 years exp. (43 salaries)	₹1.3 L/yr - ₹2.9 L/yr
BFSI, Investments & Trading Associate Salary 0 - 3 years exp. (39 salaries)	₹1.1 L/yr - ₹3.2 L/yr
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Finance & Accounting Associate Salary 0 - 3 years exp. (9 salaries)	₹1.1 L/yr - ₹3 L/yr
Administration & Facilities Associate Salary 1 - 2 years exp. (5 salaries)	₹1.4 L/yr - ₹2.3 L/yr
Human Resources Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.3 L/yr

Last Updated: 15 Feb 2025

Companies similar to HDFC Life for Associate in Mumbai

HDFC Life Associate Salary

0 - 3 years exp. (127 salaries)

₹1.1 L/yr - ₹3.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Associate Salary 0 - 7 years exp. (139 salaries)	₹1.7 L/yr - ₹4.4 L/yr 65% more
SBI Life Insurance Company Associate Salary 1 - 7 years exp. (25 salaries)	₹1.3 L/yr - ₹4 L/yr 21% more
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Max Life Insurance Associate Salary 3 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 46% more	1 job opening
Tata AIA Life Insurance Associate Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4.4 L/yr 65% more
Kotak Mahindara Life Insurance Associate Salary 1 - 7 years exp. (27 salaries)	₹1.3 L/yr - ₹2.6 L/yr 1% more
Bharti AXA Life Insurance Associate Salary 2 - 6 years exp. (6 salaries)	₹1.4 L/yr - ₹3.7 L/yr 55% more
HDFC Ergo General Insurance Associate Salary 1 - 8 years exp. (59 salaries)	₹1.8 L/yr - ₹5.2 L/yr 88% more
ICICI Lombard General Insurance Company Associate Salary 0 - 6 years exp. (20 salaries)	₹1.1 L/yr - ₹3.3 L/yr 23% more
Aditya Birla Sun Life Insurance Associate Salary 1 - 5 years exp. (12 salaries)	₹1.7 L/yr - ₹3 L/yr 26% more
Kotak Mahindra General Insurance Associate Salary 0 - 5 years exp. (11 salaries)	₹1.5 L/yr - ₹2.9 L/yr 14% more
Swiss Re Associate Salary 1 - 6 years exp. (3 salaries)	₹10 L/yr - ₹15 L/yr 546% more
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Associate salary at HDFC Life ranges between ₹1.1 Lakh to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 127 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Associate salaries in Mumbai

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
Fresher (19 salaries)	₹1.1 L/yr - ₹2.2 L/yr
1 year (61 salaries)	₹1.1 L/yr - ₹2.6 L/yr
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2 years (38 salaries)	₹1.4 L/yr - ₹3.3 L/yr
3 years (9 salaries)	₹1.5 L/yr - ₹3.2 L/yr

From

Associate

₹

Lakhs/yr

0 - 3 years exp.

Senior Manager

₹

Lakhs/yr

2 - 18 years exp.

Associate 0 - 3 years exp.

Senior Associate 0 - 9 years exp.

60% hike

Associate Manager 0 - 12 years exp.

42% hike

Similar Designation salaries in HDFC Life

Senior Associate Salary

(480 salaries)

₹1.1 L/yr - ₹4.6 L/yr

Team Lead Salary

(5 salaries)

₹3.29 L/yr - ₹7 L/yr

Top skills at HDFC Life for Associate

Communication Skills Life Insurance KYC Excel Bfsi

Salary related reviews for HDFC Life

3.2

Rated by 21 employees for salary & benefits

Associate in Bangalore / Bengaluru

Contractual

BFSI, Investments & Trading Department

2.0

• posted on 19 Jan 2023

1.0

for Salary and Benefits

Likes

Freshers can join for knowledge and learn from senior. I got a colleague to motivate to work in low salary.

Work-life balance - Good

Dislikes

for management we are no one. They will be waiting for you to resign so that they can get freshers for low pay

Salary - Bad

+5 more

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

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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 Salary FAQs

What is the salary of Associate at HDFC Life Mumbai?

Associate salary at HDFC Life in Mumbai ranges between ₹1.1 Lakhs to ₹3.3 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 76% less than the average Associate Salary in India. Salary estimates are based on 127 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Associate at HDFC Life is 76% less than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.

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

Communication Skills, Life Insurance, KYC, Excel and Bfsi are some of the popular skills required to work as a Associate at HDFC Life Mumbai.

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

Swiss Re Associate Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year
HDFC Ergo General Insurance Associate Salary - ₹1.8 Lakhs to ₹5.2 Lakhs per year
Tata AIA Life Insurance Associate Salary - ₹2.0 Lakhs to ₹4.4 Lakhs per year
ICICI Prudential Life Insurance Associate Salary - ₹1.7 Lakhs to ₹4.4 Lakhs per year
Bharti AXA Life Insurance Associate Salary - ₹1.4 Lakhs to ₹3.7 Lakhs per year

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

Max Life Insurance Associate Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
Aditya Birla Sun Life Insurance Associate Salary - ₹1.7 Lakhs to ₹3.0 Lakhs per year
ICICI Lombard General Insurance Company Associate Salary - ₹1.1 Lakhs to ₹3.3 Lakhs per year
SBI Life Insurance Company Associate Salary - ₹1.3 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra General Insurance Associate Salary - ₹1.5 Lakhs to ₹2.9 Lakhs per year

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

The estimated take-home salary of a Associate at HDFC Life ranges between ₹14,230 per month to ₹15,731 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Associate salary in India which ranges between ₹1.1 Lakhs to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 70% of the HDFC Life Associates in Mumbai reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 66 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Associate salary in Mumbai ranges between ₹1.1 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 127 HDFC Life latest salaries received from various employees of HDFC Life.