HDFC Life Back Office Operator Salaries by 4 Employees

1 - 4 years exp.

₹3.1 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

91% more than the average Back Office Operator Salary in Insurance Companies for 1 - 4 years of experience

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Last Updated: 17 Oct 2024

Companies similar to HDFC Life for Back Office Operator

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Back Office Operator Salary 1 - 10 years exp. (4 salaries)	₹2.2 L/yr - ₹3.2 L/yr 40% less
Star Health & Allied Insurance Back Office Operator Salary 2 - 5 years exp. (4 salaries)	₹1.1 L/yr - ₹3.5 L/yr 40% less
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HDFC Ergo General Insurance Back Office Operator Salary 0 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹2 L/yr 60% less
WNS Back Office Operator Salary 0 - 5 years exp. (9 salaries)	₹1 L/yr - ₹2.9 L/yr 58% less
Back Office Back Office Operator Salary 0 - 8 years exp. (9 salaries)	₹1.8 L/yr - ₹3.2 L/yr 51% less

Back Office Operator salary at HDFC Life ranges between ₹3.1 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Back Office Operator salaries

Last Updated: 17 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.9 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹5 L/yr

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Top skills at HDFC Life for Back Office Operator

Fund Accounting NAV NAV Calculation Middle Office

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.

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

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".

Job security - Excellent

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.

Salary - Bad

+4 more

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.

Salary - Poor

+4 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

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HDFC Life Back Office Operator Salary FAQs

What is the salary of Back Office Operator at HDFC Life ?

The average salary of a Back Office Operator at HDFC Life in India typically ranges from ₹3.1 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Back Office Operator at HDFC Life earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Back Office Operator 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 4 HDFC Life employees in India.

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

The estimated take-home salary of a Back Office Operator at HDFC Life in India typically ranges from ₹31,282 to ₹32,577 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Back Office Operator at HDFC Life ?

To be a Back Office Operator at HDFC Life in india, the key skills required include:

- Fund Accounting
- NAV
- NAV Calculation
- Middle Office

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.

What is the salary of a Back Office Operator in companies similar to HDFC Life in India?

The salary of a Back Office Operator at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance	₹1.1 Lakhs to ₹3.5 Lakhs per year
ICICI Lombard General Insurance Company	₹2.2 Lakhs to ₹3.2 Lakhs per year
Back Office	₹1.8 Lakhs to ₹3.2 Lakhs per year
WNS	₹1.0 Lakhs to ₹2.9 Lakhs per year
HDFC Ergo General Insurance	₹1.5 Lakhs to ₹2.0 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.

How the salary growth look like for a Back Office Operator at HDFC Life in India?

The salary growth for a Back Office Operator at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Back Office Operator can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
1 year	₹3.1 Lakhs to ₹5.9 Lakhs per year
2 years	₹1.6 Lakhs to ₹5.0 Lakhs per year
3 years	₹1.9 Lakhs to ₹5.0 Lakhs per year
4 years	₹5.0 Lakhs to ₹5.0 Lakhs per year

and so on.

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HDFC Life Back Office Operator Salaries

HDFC Life Back Office Operator salary in India ranges between ₹3.1 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.