HDFC Life Chief Manager Salaries by 200+ Employees (Updated 2025)

5 - 20 years exp.

₹11.1 Lakhs - ₹32 Lakhs

Salary of majority employees

Fixed (86%)

₹19.2 Lakhs

Variable (14%)

₹3.2 Lakhs

At par with the average Chief Manager Salary in Insurance Companies for 5 - 20 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Strategic & Top Management Chief Manager Salary 5 - 19 years exp. (27 salaries)	₹17 L/yr - ₹30 L/yr
BFSI, Investments & Trading Chief Manager Salary 5 - 20 years exp. (26 salaries)	₹14.3 L/yr - ₹30 L/yr
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Customer Success, Service & Operations Chief Manager Salary 5 - 20 years exp. (21 salaries)	₹15 L/yr - ₹30 L/yr
Project & Program Management Chief Manager Salary 5 - 17 years exp. (19 salaries)	₹18.7 L/yr - ₹29.5 L/yr
Sales & Business Development Chief Manager Salary 5 - 19 years exp. (19 salaries)	₹18.5 L/yr - ₹31.5 L/yr

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Last Updated: 15 Mar 2025

Companies similar to HDFC Life for Chief Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Chief Manager Salary 7 - 22 years exp. (71 salaries)	₹14.5 L/yr - ₹40 L/yr 18% more
SBI Life Insurance Company Chief Manager Salary 2 - 20 years exp. (4 salaries)	₹17 L/yr - ₹40 L/yr 35% more
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Axis Max Life Insurance Chief Manager Salary 13 - 20 years exp. (135 salaries)	₹11.9 L/yr - ₹40 L/yr At par	6 job openings
Bajaj Allianz Life Insurance Chief Manager Salary 7 - 21 years exp. (61 salaries)	₹12.5 L/yr - ₹38 L/yr 14% more
Kotak Mahindara Life Insurance Chief Manager Salary 0 - 17 years exp. (477 salaries)	₹5.2 L/yr - ₹18.5 L/yr 51% less
Reliance Nippon Life Insurance Chief Manager Salary 7 - 23 years exp. (113 salaries)	₹7 L/yr - ₹25 L/yr 37% less
Bharti AXA Life Insurance Chief Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr 42% less
ICICI Lombard General Insurance Company Chief Manager Salary 3 - 19 years exp. (448 salaries)	₹10 L/yr - ₹23 L/yr 27% less
Aditya Birla Sun Life Insurance Chief Manager Salary 4 - 17 years exp. (54 salaries)	₹12 L/yr - ₹32.5 L/yr 6% less
SBI General Insurance Chief Manager Salary 4 - 20 years exp. (60 salaries)	₹11.5 L/yr - ₹21 L/yr 25% less
PNB MetLife Chief Manager Salary 6 - 16 years exp. (56 salaries)	₹14 L/yr - ₹30.6 L/yr 6% more	1 job opening
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Kotak Mahindra General Insurance Chief Manager Salary 10 - 19 years exp. (48 salaries)	₹8.3 L/yr - ₹18.5 L/yr 34% less
Star Health & Allied Insurance Chief Manager Salary 5 - 20 years exp. (44 salaries)	₹5.4 L/yr - ₹23 L/yr 42% less
Life Insurance Corporation of India Chief Manager Salary 29 - 32 years exp. (5 salaries)	₹8 L/yr - ₹25 L/yr 18% less
Aditya Birla Insurance Brokers Chief Manager Salary 6 - 18 years exp. (5 salaries)	₹20.8 L/yr - ₹26 L/yr 6% less
Gallagher Chief Manager Salary 7 - 13 years exp. (3 salaries)	₹15 L/yr - ₹17.5 L/yr 25% less
Max Financial Services Chief Manager Salary 13 - 14 years exp. (3 salaries)	₹12.7 L/yr - ₹13.4 L/yr 42% less

Chief Manager salary at HDFC Life ranges between ₹11.1 Lakhs to ₹32 Lakhs per year for employees with experience between 5 years to 20 years. Salary estimates are based on 200 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Chief Manager salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
5 years (25 salaries)	₹18 L/yr - ₹30 L/yr
6 years (23 salaries)	₹19.8 L/yr - ₹31.5 L/yr
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7 years (10 salaries)	₹19 L/yr - ₹30 L/yr
8 years (13 salaries)	₹20 L/yr - ₹31 L/yr
9 years (10 salaries)	₹19 L/yr - ₹30 L/yr
10 years (14 salaries)	₹18.3 L/yr - ₹32 L/yr
11 years (9 salaries)	₹19 L/yr - ₹30 L/yr
12 years (12 salaries)	₹14 L/yr - ₹29 L/yr
13 years (6 salaries)	₹11.1 L/yr - ₹30 L/yr
14 years (13 salaries)	₹19 L/yr - ₹28 L/yr
15+ years (65 salaries)	₹14.3 L/yr - ₹29 L/yr

View all

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Operations Manager Salary

(38 salaries)

₹1.45 L/yr - ₹10.43 L/yr

Area Sales Manager Salary

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₹2 L/yr - ₹8 L/yr

Sales Officer Salary

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₹1.35 L/yr - ₹4.38 L/yr

Top skills at HDFC Life for Chief Manager

Strategic Alliances Innovation Hive Strategic Planning corporate planning Alliances Strategic Alliances agency AWS SVM GCP Campaign Management Static Equipment Predictive Modeling Machine Learning

Salary related reviews for HDFC Life

3.2

Rated by 26 employees for salary & benefits

Business Development Manager in Bijnor

Full Time

Marketing & Communication Department

5.0

• posted on 10 Feb 2025

1.0

for Salary and Benefits

Likes

Hello team m Rishabh Rastogi from HDFC LIFE Bijnor Branch, there is a lot of pressure here for work and HDFC Life is a very good brand but there are no facilities for the employees in the office.

Work-life balance - Excellent

Dislikes

Here the calculation is less Here the salary is very high as compared to low and the facilities are also very less, the promotions target is very high and there are many parameters.

Salary - Bad

+4 more

Business Development Manager in Vasai-Virar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 May 2024

3.0

for Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

Work satisfaction - Bad

+2 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

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Oct 2023

3.0

for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

Skill development - Poor

+5 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

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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HDFC Life Chief Manager Salary FAQs

What is the salary of Chief Manager at HDFC Life?

Chief Manager salary at HDFC Life in India ranges between ₹11.1 Lakhs to ₹32.0 Lakhs for experience between 5 years to 20 years. According to our estimates it is 1% more than the average Chief Manager Salary in India. Salary estimates are based on 200 latest salaries received from various employees of HDFC Life India.

How does the salary of a Chief Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Chief Manager at HDFC Life is 1% more than the average salary of a Chief Manager in India. To know exact salary insights, login to view.

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

Strategic Alliances, Innovation, Hive, Strategic Planning and corporate planning are some of the popular skills required to work as a Chief Manager at HDFC Life India.

Which similar companies are paying more than HDFC Life to a Chief Manager in India?

SBI Life Insurance Company Chief Manager Salary - ₹17.0 Lakhs to ₹40.0 Lakhs per year
ICICI Prudential Life Insurance Chief Manager Salary - ₹14.5 Lakhs to ₹40.0 Lakhs per year
Bajaj Allianz Life Insurance Chief Manager Salary - ₹12.5 Lakhs to ₹38.0 Lakhs per year
PNB MetLife Chief Manager Salary - ₹14.0 Lakhs to ₹30.6 Lakhs per year

What is the salary of a Chief Manager in companies similar to HDFC Life in India?

Axis Max Life Insurance Chief Manager Salary - ₹11.9 Lakhs to ₹40.0 Lakhs per year
Aditya Birla Sun Life Insurance Chief Manager Salary - ₹12.0 Lakhs to ₹32.5 Lakhs per year
Aditya Birla Insurance Brokers Chief Manager Salary - ₹20.8 Lakhs to ₹26.0 Lakhs per year
Life Insurance Corporation of India Chief Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
SBI General Insurance Chief Manager Salary - ₹11.5 Lakhs to ₹21.0 Lakhs per year

What is the estimated take home salary of a Chief Manager at HDFC Life in India?

The estimated take-home salary of a Chief Manager at HDFC Life ranges between ₹1,44,369 per month to ₹1,49,760 per month in India. The take-home salary calculation is based on the average HDFC Life Chief Manager salary in India which ranges between ₹11.1 Lakhs to ₹32.0 Lakhs per year for employees with experience between 5 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Chief Manager at HDFC Life?

According to AmbitionBox, 83% of the HDFC Life Chief Managers reported a notice period of 3 Months, 8% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 192 responses on AmbitionBox in last 2 years.

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HDFC Life Chief Manager Salaries

HDFC Life Chief Manager salary in India ranges between ₹11.1 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 200 HDFC Life latest salaries received from various employees of HDFC Life.