HDFC Life Mumbai Data Scientist Salaries by 5 Employees (Updated 2025)

1 - 4 years exp.

₹6.2 Lakhs - ₹13 Lakhs

Avg. annual salary

Monthly In-hand Salary

25% less than the average Data Scientist Salary in Insurance Companies for 1 - 4 years of experience

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Last Updated: 2 Feb 2025

Companies similar to HDFC Life for Data Scientist in Mumbai

HDFC Life Data Scientist Salary

1 - 4 years exp. (5 salaries)

₹6.2 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Data Scientist Salary 0 - 6 years exp. (30 salaries)	₹7.2 L/yr - ₹26.5 L/yr 33% more
Tata AIA Life Insurance Data Scientist Salary 1 - 5 years exp. (9 salaries)	₹9 L/yr - ₹16.3 L/yr 7% more
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SBI General Insurance Data Scientist Salary 0 - 4 years exp. (6 salaries)	₹4 L/yr - ₹9.5 L/yr 38% less
HDFC Ergo General Insurance Data Scientist Salary 1 - 2 years exp. (5 salaries)	₹12 L/yr - ₹14.2 L/yr 17% more
Kotak Mahindra General Insurance Data Scientist Salary 3 - 5 years exp. (3 salaries)	₹23 L/yr - ₹24.2 L/yr 114% more
SBI Life Insurance Company Data Scientist Salary 1 - 4 years exp. (3 salaries)	₹13.2 L/yr - ₹14.5 L/yr 24% more

Data Scientist salary at HDFC Life ranges between ₹6.2 Lakhs to ₹13 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Data Scientist salaries in Mumbai

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.6 L/yr
2 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
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3 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
4 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr

Similar Designation salaries in HDFC Life

Business Analyst Salary

(22 salaries)

₹3.2 L/yr - ₹11.09 L/yr

Senior Data Scientist Salary

(4 salaries)

₹7 L/yr - ₹16 L/yr

Data Analyst Salary

(3 salaries)

₹4.2 L/yr - ₹7 L/yr

Top skills at HDFC Life for Data Scientist

Keras Computer Vision Deep Learning Machine Learning Tensorflow Python generative ai Pytorch

Salary related reviews for HDFC Life

2.4

Rated by 4 employees for salary & benefits

Data Scientist in Mumbai

Data Science & Analytics Department

4.0

• posted on 26 Mar 2021

3.0

for Salary and Benefits

Likes

The work life balance is really good. Job security is also great. During the covid pandemic, we were made assure that our jobs are secure. And the scale of knowledge growth for freshers are very high

Skill development - Excellent

+5 more

Dislikes

The compensation and remuneration

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

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

+6 more

Senior Associate in Ghaziabad

Branch Operations Department

3.0

• posted on 02 Aug 2022

1.0

for Salary and Benefits

Likes

...omplete your assigned task. And it is achievable if proper direction provided. Salary will be on time always no delay.

Job security - Excellent

+1 more

Dislikes

...ay of the month you will have to do work from home and do the revival calling. In branch operations 80% is sales and 20% is operations work but salary will be according to operations.

Salary - Bad

+1 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Life Data Scientist Salary FAQs

What is the salary of Data Scientist at HDFC Life in Mumbai?

The average salary of a Data Scientist at HDFC Life in Mumbai typically ranges from ₹6.2 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Data Scientist in Mumbai at HDFC Life earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Data Scientist 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 5 HDFC Life employees in India.

What is the estimated take home salary of a Data Scientist at HDFC Life in Mumbai?

The estimated take-home salary of a Data Scientist at HDFC Life in Mumbai typically ranges from ₹79,639 to ₹81,711 per month. This is based on the average salary range of ₹6.2 Lakhs to ₹13.0 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 5 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 Data Scientist at HDFC Life in Mumbai?

To be a Data Scientist at HDFC Life in Mumbai, the key skills required include:

- Keras
- Computer Vision
- Deep Learning
- Machine Learning
- Tensorflow

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 Data Scientist in India?

Kotak Mahindra General Insurance	₹23.0 Lakhs to ₹24.2 Lakhs per year
ICICI Lombard General Insurance Company	₹7.2 Lakhs to ₹26.5 Lakhs per year
SBI Life Insurance Company	₹13.2 Lakhs to ₹14.5 Lakhs per year
HDFC Ergo General Insurance	₹12.0 Lakhs to ₹14.2 Lakhs per year
Tata AIA Life Insurance	₹9.0 Lakhs to ₹16.3 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 Data Scientist in companies similar to HDFC Life in Mumbai?

The salary of a Data Scientist at companies similar to HDFC Life in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI General Insurance

₹4.0 Lakhs to ₹9.5 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 Data Scientist at HDFC Life in Mumbai?

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

Experience	Average Salary Range
1 year	₹9.8 Lakhs to ₹12.6 Lakhs per year
2 years	₹10.0 Lakhs to ₹12.7 Lakhs per year
3 years	₹10.1 Lakhs to ₹12.9 Lakhs per year
4 years	₹10.2 Lakhs to ₹13.1 Lakhs per year

and so on.

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HDFC Life Data Scientist Salaries in Mumbai

HDFC Life Data Scientist salary in Mumbai ranges between ₹6.2 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Life latest salaries received from various employees of HDFC Life.