Upload Button Icon Add office photos

HDFC Life

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

HDFC Life Cluster Manager salaries in Mumbai

Annual salary range
6 - 16 years exp.
₹6 Lakhs - ₹11.5 Lakhs
Salary of majority employees
unlock blur
unlock blur

14% less than the average Cluster Manager Salary in Insurance Companies for 6 - 16 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Salary
6 - 16 years exp. (11 salaries)
unlock-blur

₹6.5 L/yr - ₹11.5 L/yr

Sales & Business Development
Cluster Manager Salary
6 - 12 years exp. (9 salaries)
unlock-blur

₹6 L/yr - ₹9.5 L/yr

Customer Success, Service & Operations
Cluster Manager Salary
12 years exp. (AmbitionBox Estimate)
unlock-blur

₹7.5 L/yr - ₹9.3 L/yr

Last Updated: 14 Feb 2025

Companies similar to HDFC Life for Cluster Manager in Mumbai

Logo
HDFC Life Cluster Manager Salary

6 - 16 years exp. (26 salaries)

unlock blur

₹6 L/yr - ₹11.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
unlock blur

₹6.5 L/yr - ₹13.5 L/yr

arrow icon 4% more
Logo
Max Life Insurance Cluster Manager Salary

6 - 15 years exp. (19 salaries)

unlock blur

₹6.5 L/yr - ₹13.9 L/yr

arrow icon 16% more
2 job openings
unlock blur

₹5 L/yr - ₹14.3 L/yr

At par
unlock blur

₹6.8 L/yr - ₹14 L/yr

arrow icon 14% more
unlock blur

₹6.3 L/yr - ₹7.5 L/yr

arrow icon 28% less
unlock blur

₹7.8 L/yr - ₹15 L/yr

arrow icon 30% more
unlock blur

₹7.3 L/yr - ₹12.5 L/yr

arrow icon 7% less
Cluster Manager salary at HDFC Life ranges between ₹6 Lakhs to ₹11.5 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 26 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Cluster Manager in Mumbai

1w ago
avg blur mobile
6 years exp.
1w ago
avg blur mobile
9 years exp.
3w ago
avg blur mobile
9 years exp.
3w ago
avg blur mobile
10 years exp.
4mo ago
avg blur mobile
12 years exp.
4mo ago
avg blur mobile
11 years exp.
5mo ago
avg blur mobile
12 years exp.
6mo ago
avg blur mobile
8 years exp.
7mo ago
avg blur mobile
11 years exp.
8mo ago
avg blur mobile
9 years exp.

Experience wise HDFC Life Cluster Manager salaries in Mumbai

Last Updated: 14 Feb 2025

Experience Avg Annual Salary
6 years  (3 salaries)

unlock blur

₹7.5 L/yr - ₹8.3 L/yr
7 years  (3 salaries)

unlock blur

₹6 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)

unlock blur

₹6.5 L/yr - ₹15.1 L/yr
9 years  (4 salaries)

unlock blur

₹6.9 L/yr - ₹9.5 L/yr
10 years  (3 salaries)

unlock blur

₹7.2 L/yr - ₹9 L/yr
View all
HDFC Life Cluster Manager Salary and Career Growth

From

To

Cluster Manager

unlock blur Lakhs/yr

5 - 17 years exp.

Associate Head Regional

unlock blur Lakhs/yr

13 - 22 years exp.

Cluster Manager 5 - 17 years exp.
unlock blur
Senior Cluster Manager 6 - 20 years exp.
unlock blur
arrow icon 13% hike
Circle Head 9 - 21 years exp.
unlock blur
arrow icon 46% hike

View more

From

2 more levels

To

Cluster Manager

unlock blur

5 - 17 years exp.

Senior Manager

unlock blur

2 - 18 years exp.

Similar Designation salaries in HDFC Life

Deputy Manager Salary
(473 salaries)
unlock blur
₹3.5 L/yr - ₹14 L/yr
unlock blur
₹2 L/yr - ₹4.5 L/yr
Sales Manager Salary
(90 salaries)
unlock blur
₹2.2 L/yr - ₹7.5 L/yr
Branch Manager Salary
(29 salaries)
unlock blur
₹5.5 L/yr - ₹12.5 L/yr
unlock blur
₹5.2 L/yr - ₹17.2 L/yr
Cluster Head Salary
(4 salaries)
unlock blur
₹11 L/yr - ₹14 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

4.5

Rated by 6 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

 · 

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.

read more
  • 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.

read more
  • Salary - Bad
  • +4 more

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.

read more
  • 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

read more
  • 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.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

HDFC Life Cluster Manager Salary FAQs

What is the salary of Cluster Manager at HDFC Life Mumbai?
Cluster Manager salary at HDFC Life in Mumbai ranges between ₹6.0 Lakhs to ₹11.5 Lakhs for experience between 6 years to 16 years. According to our estimates it is 14% less than the average Cluster Manager Salary in India. Salary estimates are based on 26 latest salaries received from various employees of HDFC Life Mumbai.
How does the salary of a Cluster Manager at HDFC Life Mumbai compare with the average salary range for this job?
The average salary of a Cluster Manager at HDFC Life is 14% less than the average salary of a Cluster Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than HDFC Life to a Cluster Manager in Mumbai?
  • Reliance Nippon Life Insurance Cluster Manager Salary - ₹7.8 Lakhs to ₹15.0 Lakhs per year
  • Max Life Insurance Cluster Manager Salary - ₹6.5 Lakhs to ₹13.9 Lakhs per year
  • Aditya Birla Sun Life Insurance Cluster Manager Salary - ₹6.8 Lakhs to ₹14.0 Lakhs per year
  • ICICI Prudential Life Insurance Cluster Manager Salary - ₹6.5 Lakhs to ₹13.5 Lakhs per year
  • Bajaj Allianz Life Insurance Cluster Manager Salary - ₹5.0 Lakhs to ₹14.3 Lakhs per year
What is the salary of a Cluster Manager in companies similar to HDFC Life in Mumbai?
  • Kotak Mahindara Life Insurance Cluster Manager Salary - ₹7.3 Lakhs to ₹12.5 Lakhs per year
  • Star Health & Allied Insurance Cluster Manager Salary - ₹6.3 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a Cluster Manager at HDFC Life in Mumbai?
The estimated take-home salary of a Cluster Manager at HDFC Life ranges between ₹63,887 per month to ₹65,514 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Cluster Manager salary in India which ranges between ₹6.0 Lakhs to ₹11.5 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Cluster Manager at HDFC Life in Mumbai?
According to AmbitionBox, 37% of the HDFC Life Cluster Managers in Mumbai reported a notice period of 2 Months, 37% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Cluster Manager salary in Mumbai ranges between ₹6 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 26 HDFC Life latest salaries received from various employees of HDFC Life.