HDFC Life New Delhi Chief Manager Salaries by 10+ Employees (Updated 2025)

5 - 19 years exp.

₹16 Lakhs - ₹28.1 Lakhs

Salary of majority employees

At par with the average Chief Manager Salary in Insurance Companies for 5 - 19 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Strategic & Top Management Chief Manager Salary 5 - 12 years exp. (4 salaries)	₹18.7 L/yr - ₹28.1 L/yr
BFSI, Investments & Trading Chief Manager Salary 7 - 16 years exp. (3 salaries)	₹16 L/yr - ₹23 L/yr
Login to view exact salary
Sales & Business Development Chief Manager Salary 11 - 19 years exp. (AmbitionBox Estimate)	₹18.5 L/yr - ₹24 L/yr
Customer Success, Service & Operations Chief Manager Salary 5 years exp. (AmbitionBox Estimate)	₹18.2 L/yr - ₹22 L/yr

Last Updated: 11 Jan 2025

Companies similar to HDFC Life for Chief Manager in New Delhi

HDFC Life Chief Manager Salary

5 - 19 years exp. (11 salaries)

₹16 L/yr - ₹28.1 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Chief Manager Salary 3 - 18 years exp. (58 salaries)	₹10 L/yr - ₹22 L/yr 28% less
Axis Max Life Insurance Chief Manager Salary 7 - 20 years exp. (42 salaries)	₹14 L/yr - ₹42 L/yr 10% more	4 job openings
Login to view exact salary
Kotak Mahindara Life Insurance Chief Manager Salary 2 - 16 years exp. (33 salaries)	₹4.5 L/yr - ₹13.2 L/yr 56% less
Reliance Nippon Life Insurance Chief Manager Salary 11 - 17 years exp. (8 salaries)	₹10.5 L/yr - ₹17.5 L/yr 34% less
ICICI Prudential Life Insurance Chief Manager Salary 9 - 16 years exp. (5 salaries)	₹21 L/yr - ₹40 L/yr 30% more
SBI General Insurance Chief Manager Salary 6 - 14 years exp. (5 salaries)	₹16 L/yr - ₹19.2 L/yr 17% less
Kotak Mahindra General Insurance Chief Manager Salary 11 - 14 years exp. (5 salaries)	₹12.5 L/yr - ₹17 L/yr 33% less
PNB MetLife Chief Manager Salary 11 - 15 years exp. (4 salaries)	₹14.4 L/yr - ₹27.6 L/yr 6% more	1 job opening
Aditya Birla Sun Life Insurance Chief Manager Salary 8 - 14 years exp. (3 salaries)	₹15 L/yr - ₹20.6 L/yr 11% less
Bajaj Allianz Life Insurance Chief Manager Salary 13 - 17 years exp. (3 salaries)	₹18 L/yr - ₹33 L/yr 21% more

Chief Manager salary at HDFC Life ranges between ₹16 Lakhs to ₹28.1 Lakhs per year for employees with experience between 5 years to 19 years. Salary estimates are based on 11 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Chief Manager salaries in New Delhi

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹22 L/yr - ₹28.1 L/yr
6 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹28.1 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹20 L/yr - ₹41.4 L/yr
8 years (AmbitionBox Estimate)	₹20 L/yr - ₹41 L/yr
9 years (AmbitionBox Estimate)	₹20.3 L/yr - ₹25.9 L/yr
10 years (AmbitionBox Estimate)	₹20.1 L/yr - ₹25.7 L/yr
11 years (AmbitionBox Estimate)	₹20 L/yr - ₹39.8 L/yr
12 years (AmbitionBox Estimate)	₹18.6 L/yr - ₹39.4 L/yr
13 years (AmbitionBox Estimate)	₹19.5 L/yr - ₹24.9 L/yr
14 years (AmbitionBox Estimate)	₹21 L/yr - ₹38.5 L/yr
15+ years (AmbitionBox Estimate)	₹16 L/yr - ₹37.1 L/yr

View all

Similar Designation salaries in HDFC Life

Sales Manager Salary

(105 salaries)

₹2 L/yr - ₹6.85 L/yr

Deputy Manager Salary

(65 salaries)

₹4.75 L/yr - ₹12 L/yr

Branch Manager Salary

(43 salaries)

₹6.15 L/yr - ₹12 L/yr

Territory Manager Salary

(32 salaries)

₹10.15 L/yr - ₹20 L/yr

Cluster Manager Salary

(26 salaries)

₹6.2 L/yr - ₹12 L/yr

Sales Officer Salary

(4 salaries)

₹2.5 L/yr - ₹2.93 L/yr

Area Sales Manager Salary

(3 salaries)

₹2.85 L/yr - ₹4.55 L/yr

Top skills at HDFC Life for Chief Manager

Burp Suite Strategic Alliances Innovation Fortify Hive Strategic Planning corporate planning Alliances API Testing Strategic Alliances agency AWS SVM Application Security GCP

Salary related reviews for HDFC Life

Sales Manager in Cuttack

Full Time

CSR & Social Service Department

4.0

• posted on 23 Mar 2025

2.0

for Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

Salary - Poor

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Life Chief Manager Salary FAQs

What is the salary of Chief Manager at HDFC Life in New Delhi?

The average salary of a Chief Manager at HDFC Life in New Delhi typically ranges from ₹16.0 Lakhs to ₹28.1 Lakhs per year, depending on experience (from 5 years to 19 years).

The top 10% of Chief Manager in New Delhi at HDFC Life earn more than ₹28.1 Lakhs per year, and the top 1% earn over ₹28.1 Lakhs per year. Chief Manager 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 10+ HDFC Life employees in India.

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

The estimated take-home salary of a Chief Manager at HDFC Life in New Delhi typically ranges from ₹1,41,065 to ₹1,46,307 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹28.1 Lakhs per year for employees with experience ranging from 5 years to 19 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 10+ 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 Chief Manager at HDFC Life in New Delhi?

To be a Chief Manager at HDFC Life in New Delhi, the key skills required include:

- Burp Suite
- Strategic Alliances
- Innovation
- Fortify
- Hive

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

Which companies offer higher salaries than HDFC Life for Chief Manager in India?

ICICI Prudential Life Insurance	₹21.0 Lakhs to ₹40.0 Lakhs per year
Bajaj Allianz Life Insurance	₹18.0 Lakhs to ₹33.0 Lakhs per year
Axis Max Life Insurance	₹14.0 Lakhs to ₹42.0 Lakhs per year
PNB MetLife	₹14.4 Lakhs to ₹27.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Life, depending on the role and experience level.

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

The salary of a Chief Manager at companies similar to HDFC Life in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Sun Life Insurance	₹15.0 Lakhs to ₹20.6 Lakhs per year
SBI General Insurance	₹16.0 Lakhs to ₹19.2 Lakhs per year
ICICI Lombard General Insurance Company	₹10.0 Lakhs to ₹22.0 Lakhs per year
Kotak Mahindra General Insurance	₹12.5 Lakhs to ₹17.0 Lakhs per year
Reliance Nippon Life Insurance	₹10.5 Lakhs to ₹17.5 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 Chief Manager at HDFC Life in New Delhi?

The salary growth for a Chief Manager at HDFC Life in New Delhi depends on factors such as experience, performance, and promotions. On average, a Chief Manager in New Delhi can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
5 years	₹22.0 Lakhs to ₹28.1 Lakhs per year
6 years	₹9.3 Lakhs to ₹28.1 Lakhs per year
7 years	₹20.0 Lakhs to ₹41.4 Lakhs per year
8 years	₹20.0 Lakhs to ₹41.0 Lakhs per year

and so on.

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HDFC Life Chief Manager Salaries in New Delhi

HDFC Life Chief Manager salary in New Delhi ranges between ₹16 Lakhs to ₹28.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 HDFC Life latest salaries received from various employees of HDFC Life.