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HDFC Life Cluster Manager salaries in India

Annual salary range
5 - 17 years exp.
₹5.7 Lakhs - ₹12 Lakhs
Salary of majority employees
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At par with the average Cluster Manager Salary in Insurance Companies for 5 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Salary
5 - 17 years exp. (139 salaries)
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₹5.8 L/yr - ₹12 L/yr

Sales & Business Development
Cluster Manager Salary
5 - 17 years exp. (101 salaries)
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₹6 L/yr - ₹12 L/yr

Customer Success, Service & Operations
Cluster Manager Salary
6 - 14 years exp. (9 salaries)
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₹7 L/yr - ₹10 L/yr

Last Updated: 28 Jan 2025

Companies similar to HDFC Life for Cluster Manager

Company name Avg Annual Salary Open Jobs
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₹6.1 L/yr - ₹14 L/yr

arrow icon 3% more
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₹3.5 L/yr - ₹5.3 L/yr

arrow icon 52% less
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Max Life Insurance Cluster Manager Salary

6 - 15 years exp. (187 salaries)

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₹4.8 L/yr - ₹14 L/yr

arrow icon 14% more
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₹4.2 L/yr - ₹13 L/yr

arrow icon 9% less
1 job opening
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Tata AIA Life Insurance Cluster Manager Salary

6 - 16 years exp. (38 salaries)

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₹5 L/yr - ₹17.1 L/yr

arrow icon 13% more
7 job openings
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Care Health Insurance Cluster Manager Salary

3 - 12 years exp. (215 salaries)

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₹2.4 L/yr - ₹6.6 L/yr

arrow icon 51% less
1 job opening
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₹5 L/yr - ₹14 L/yr

arrow icon 4% more
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₹3.7 L/yr - ₹8 L/yr

arrow icon 31% less
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₹5 L/yr - ₹16.2 L/yr

arrow icon 1% more
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₹5 L/yr - ₹12.5 L/yr

arrow icon 12% less
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PNB MetLife Cluster Manager Salary

5 - 23 years exp. (37 salaries)

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₹4.9 L/yr - ₹17 L/yr

arrow icon 37% more
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Shriram Life Insurance Cluster Manager Salary

8 - 18 years exp. (21 salaries)

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₹3.8 L/yr - ₹6.5 L/yr

arrow icon 45% less
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₹4.1 L/yr - ₹13.5 L/yr

arrow icon 12% more
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₹3.8 L/yr - ₹11 L/yr

arrow icon 12% less
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₹5.3 L/yr - ₹7.7 L/yr

arrow icon 32% less
Cluster Manager salary at HDFC Life ranges between ₹5.7 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 290 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Cluster Manager

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Experience wise HDFC Life Cluster Manager salaries

Last Updated: 28 Jan 2025

Experience Avg Annual Salary
5 years  (18 salaries)

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₹5.7 L/yr - ₹11 L/yr
6 years  (34 salaries)

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₹5.7 L/yr - ₹11.1 L/yr
7 years  (29 salaries)

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₹5.7 L/yr - ₹10 L/yr
8 years  (25 salaries)

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₹5.8 L/yr - ₹11.5 L/yr
9 years  (32 salaries)

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₹5.8 L/yr - ₹11 L/yr
View all
HDFC Life Cluster Manager Salary and Career Growth

From

To

Cluster Manager

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5 - 17 years exp.

Chief Manager

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5 - 20 years exp.

Cluster Manager 5 - 17 years exp.
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Deputy Manager 2 - 15 years exp.
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arrow icon -10% hike
Manager 1 - 16 years exp.
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arrow icon 13% hike

View more

From

2 more levels

To

Cluster Manager

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5 - 17 years exp.

Associate Head Regional

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13 - 22 years exp.

Similar Designation salaries in HDFC Life

Store Manager Salary
(AmbitionBox Estimate)
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₹25.2 L/yr - ₹32.2 L/yr
Cluster Head Salary
(22 salaries)
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₹5.9 L/yr - ₹14 L/yr
Area Manager Salary
(22 salaries)
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₹5.4 L/yr - ₹13.2 L/yr
Deputy Manager Salary
(727 salaries)
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₹3.5 L/yr - ₹12.15 L/yr
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₹2.35 L/yr - ₹8.1 L/yr
Sales Manager Salary
(703 salaries)
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₹1.55 L/yr - ₹7.3 L/yr
Branch Manager Salary
(278 salaries)
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₹5.25 L/yr - ₹12.5 L/yr
Territory Manager Salary
(226 salaries)
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₹10.44 L/yr - ₹21 L/yr
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₹2 L/yr - ₹6.5 L/yr
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₹1.7 L/yr - ₹5 L/yr

Top skills at HDFC Life for Cluster Manager

Leadership Skills Team Handling Presentation Skills Interpersonal Skills Team Handling Life Insurance Insurance Stock Broking Brokerage outbound Life Insurance Insurance Broking Communication Skills Team Leading Brocade

Salary related reviews for HDFC Life

3.8

Rated by 56 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 20 Sep 2022

2.0
 for  Salary and Benefits

Likes

Everything good except salary Package They are promoting internal people on same package as fls .. No increment no Hike While if they Recruit external peopl on Cluster Manager role they get good hike Which basically means they push their Cluster Manager for switch if they need hike Salary package is only concern which push internal CSM to switch rest company is very Good

read more
  • Skill development - Excellent
    +2 more

Dislikes

Here fls and Cluster get same Salary And all the kpi cluster manager is responsible

  • Salary - Poor

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.

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  • Work satisfaction - Bad
    +2 more

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

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  • Skill development - Poor
    +5 more

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.

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  • Salary - Poor
    +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 19 Aug 2023

1.0
 for  Salary and Benefits

Likes

Flexibility of work from home.

  • Job security - Good

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

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  • Salary - Bad
    +5 more
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HDFC Life Cluster Manager Salary FAQs

What is the salary of Cluster Manager at HDFC Life?
Cluster Manager salary at HDFC Life in India ranges between ₹5.7 Lakhs to ₹12.0 Lakhs for experience between 5 years to 17 years. According to our estimates it is 3% less than the average Cluster Manager Salary in India. Salary estimates are based on 290 latest salaries received from various employees of HDFC Life India.
How does the salary of a Cluster Manager at HDFC Life India compare with the average salary range for this job?
The average salary of a Cluster Manager at HDFC Life is 3% less than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Cluster Manager at HDFC Life?
Leadership Skills, Team Handling, Presentation Skills, Interpersonal Skills and Team Handling are some of the popular skills required to work as a Cluster Manager at HDFC Life India.
Which similar companies are paying more than HDFC Life to a Cluster Manager in India?
  • PNB MetLife Cluster Manager Salary - ₹4.9 Lakhs to ₹17.0 Lakhs per year
  • Max Life Insurance Cluster Manager Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
  • Tata AIA Life Insurance Cluster Manager Salary - ₹5.0 Lakhs to ₹17.1 Lakhs per year
  • HDFC Ergo General Insurance Cluster Manager Salary - ₹4.1 Lakhs to ₹13.5 Lakhs per year
  • Aditya Birla Sun Life Insurance Cluster Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Cluster Manager in companies similar to HDFC Life in India?
  • ICICI Prudential Life Insurance Cluster Manager Salary - ₹6.1 Lakhs to ₹14.0 Lakhs per year
  • Reliance Nippon Life Insurance Cluster Manager Salary - ₹5.0 Lakhs to ₹16.2 Lakhs per year
  • Bajaj Allianz Life Insurance Cluster Manager Salary - ₹4.2 Lakhs to ₹13.0 Lakhs per year
  • Kotak Mahindara Life Insurance Cluster Manager Salary - ₹5.0 Lakhs to ₹12.5 Lakhs per year
  • ICICI Lombard General Insurance Company Cluster Manager Salary - ₹3.8 Lakhs to ₹11.0 Lakhs per year
What is the estimated take home salary of a Cluster Manager at HDFC Life in India?
The estimated take-home salary of a Cluster Manager at HDFC Life ranges between ₹65,205 per month to ₹66,869 per month in India. The take-home salary calculation is based on the average HDFC Life Cluster Manager salary in India which ranges between ₹5.7 Lakhs to ₹12.0 Lakhs per year for employees with experience between 5 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Cluster Manager at HDFC Life?
According to AmbitionBox, 62% of the HDFC Life Cluster Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 318 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Cluster Manager salary in India ranges between ₹5.7 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 290 HDFC Life latest salaries received from various employees of HDFC Life.