HDFC Life Mumbai Back Office Executive Salaries by 10 Employees (Updated 2024)

1 - 4 years exp.

₹1.5 Lakh - ₹3.1 Lakhs

Salary of majority employees

5% more than the average Back Office Executive Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Back Office Executive Salary 1 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹2.5 L/yr
Finance & Accounting Back Office Executive Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.7 L/yr
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Strategic & Top Management Back Office Executive Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.9 L/yr
Customer Success, Service & Operations Back Office Executive Salary 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.1 L/yr

Last Updated: 20 Mar 2024

Companies similar to HDFC Life for Back Office Executive in Mumbai

HDFC Life Back Office Executive Salary

1 - 4 years exp. (10 salaries)

₹1.5 L/yr - ₹3.1 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Back Office Executive Salary 1 - 8 years exp. (19 salaries)	₹1 L/yr - ₹2.7 L/yr 15% less
Kotak Mahindara Life Insurance Back Office Executive Salary 1 - 8 years exp. (22 salaries)	₹1.1 L/yr - ₹3.6 L/yr 13% less
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Reliance Nippon Life Insurance Back Office Executive Salary 1 - 9 years exp. (12 salaries)	₹2 L/yr - ₹5 L/yr 21% more
Tata AIA Life Insurance Back Office Executive Salary 3 - 7 years exp. (13 salaries)	₹1.1 L/yr - ₹5.2 L/yr 18% more
Aditya Birla Sun Life Insurance Back Office Executive Salary 0 - 6 years exp. (7 salaries)	₹1.2 L/yr - ₹3.5 L/yr 4% less
PNB MetLife Back Office Executive Salary 1 - 6 years exp. (5 salaries)	₹2.1 L/yr - ₹3.5 L/yr 1% more
ICICI Lombard General Insurance Company Back Office Executive Salary 0 - 6 years exp. (41 salaries)	₹1.8 L/yr - ₹3.7 L/yr 4% more
HDFC Ergo General Insurance Back Office Executive Salary 0 - 7 years exp. (35 salaries)	₹1.5 L/yr - ₹4.5 L/yr 13% more
Star Health & Allied Insurance Back Office Executive Salary 1 - 6 years exp. (6 salaries)	₹2 L/yr - ₹2.5 L/yr 4% less
Shriram Life Insurance Back Office Executive Salary 4 - 7 years exp. (3 salaries)	₹2.3 L/yr - ₹2.5 L/yr 5% less
Aditya Birla Insurance Brokers Back Office Executive Salary 2 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹2.2 L/yr 20% less
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Back Office Executive salary at HDFC Life ranges between ₹1.5 Lakh to ₹3.1 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 10 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Back Office Executive salaries in Mumbai

Last Updated: 20 Mar 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.5 L/yr - ₹2.7 L/yr
2 years (4 salaries)	₹2 L/yr - ₹2.9 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹1 L/yr - ₹3.1 L/yr

Similar Designation salaries in HDFC Life

Sales Executive Salary

(27 salaries)

₹1.5 L/yr - ₹4.98 L/yr

MIS Executive Salary

(9 salaries)

₹1.3 L/yr - ₹2.88 L/yr

Customer Service Executive Salary

(4 salaries)

₹2.05 L/yr - ₹3.25 L/yr

Operations Executive Salary

(4 salaries)

₹2 L/yr - ₹3.25 L/yr

Data Entry Operator Salary

(3 salaries)

₹1.15 L/yr - ₹1.8 L/yr

Salary related reviews for HDFC Life

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.

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.

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.

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.

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

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

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Salary Discussions, Hike & Promotions

a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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HDFC Life Back Office Executive Salary FAQs

What is the salary of Back Office Executive at HDFC Life Mumbai?

Back Office Executive salary at HDFC Life in Mumbai ranges between ₹1.5 Lakhs to ₹3.1 Lakhs for experience between 1 years to 4 years. According to our estimates it is 5% more than the average Back Office Executive Salary in India. Salary estimates are based on 10 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Back Office Executive at HDFC Life is 5% more than the average salary of a Back Office Executive in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Back Office Executive in Mumbai?

Reliance Nippon Life Insurance Back Office Executive Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
Tata AIA Life Insurance Back Office Executive Salary - ₹1.1 Lakhs to ₹5.2 Lakhs per year
HDFC Ergo General Insurance Back Office Executive Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
ICICI Lombard General Insurance Company Back Office Executive Salary - ₹1.8 Lakhs to ₹3.7 Lakhs per year
PNB MetLife Back Office Executive Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year

What is the salary of a Back Office Executive in companies similar to HDFC Life in Mumbai?

Aditya Birla Sun Life Insurance Back Office Executive Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year
Star Health & Allied Insurance Back Office Executive Salary - ₹2.0 Lakhs to ₹2.5 Lakhs per year
Shriram Life Insurance Back Office Executive Salary - ₹2.3 Lakhs to ₹2.5 Lakhs per year
Kotak Mahindara Life Insurance Back Office Executive Salary - ₹1.1 Lakhs to ₹3.6 Lakhs per year
ICICI Prudential Life Insurance Back Office Executive Salary - ₹1.0 Lakhs to ₹2.7 Lakhs per year

What is the estimated take home salary of a Back Office Executive at HDFC Life in Mumbai?

The estimated take-home salary of a Back Office Executive at HDFC Life ranges between ₹17,264 per month to ₹18,968 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Back Office Executive salary in India which ranges between ₹1.5 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Back Office Executive at HDFC Life in Mumbai?

According to AmbitionBox, 75% of the HDFC Life Back Office Executives in Mumbai reported a notice period of 1 Month, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Life Back Office Executive Salaries in Mumbai

HDFC Life Back Office Executive salary in Mumbai ranges between ₹1.5 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 HDFC Life latest salaries received from various employees of HDFC Life.