HDFC Life Deputy Manager Operations Salaries by 20+ Employees (Updated 2025)

2 - 17 years exp.

₹4.6 Lakhs - ₹9.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% less than the average Deputy Manager Operations Salary in Insurance Companies for 2 - 17 years of experience

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Salaries in different departments

Customer Success, Service & Operations Deputy Manager Operations Salary 7 - 17 years exp. (10 salaries)	₹4.6 L/yr - ₹7.5 L/yr
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BFSI, Investments & Trading Deputy Manager Operations Salary 2 - 16 years exp. (9 salaries)	₹5 L/yr - ₹9.1 L/yr

Last Updated: 27 Jan 2025

Companies similar to HDFC Life for Deputy Manager Operations

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Deputy Manager Operations Salary 3 - 8 years exp. (72 salaries)	₹2.5 L/yr - ₹5 L/yr 39% less
Axis Max Life Insurance Deputy Manager Operations Salary 6 - 16 years exp. (36 salaries)	₹3.8 L/yr - ₹6.5 L/yr 28% less
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Bajaj Allianz Life Insurance Deputy Manager Operations Salary 3 - 19 years exp. (14 salaries)	₹6.7 L/yr - ₹9.3 L/yr 16% more
HDFC Ergo General Insurance Deputy Manager Operations Salary 7 - 12 years exp. (13 salaries)	₹5 L/yr - ₹7 L/yr 25% less
Shriram Life Insurance Deputy Manager Operations Salary 4 - 17 years exp. (7 salaries)	₹3.7 L/yr - ₹6.4 L/yr 34% less
Star Health & Allied Insurance Deputy Manager Operations Salary 10 - 13 years exp. (6 salaries)	₹4.2 L/yr - ₹6.2 L/yr 22% less
Reliance Nippon Life Insurance Deputy Manager Operations Salary 9 - 15 years exp. (5 salaries)	₹5.2 L/yr - ₹16 L/yr 28% more
Allianz Deputy Manager Operations Salary 12 - 17 years exp. (5 salaries)	₹7.5 L/yr - ₹12 L/yr 44% more
Kotak Mahindra General Insurance Deputy Manager Operations Salary 5 - 9 years exp. (4 salaries)	₹3.8 L/yr - ₹5.5 L/yr 31% less
PNB MetLife Deputy Manager Operations Salary 11 - 15 years exp. (4 salaries)	₹5.5 L/yr - ₹7.7 L/yr 6% less
SBI Life Insurance Company Deputy Manager Operations Salary 3 - 17 years exp. (4 salaries)	₹4 L/yr - ₹9 L/yr 9% less
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Deputy Manager Operations salary at HDFC Life ranges between ₹4.6 Lakhs to ₹9.1 Lakhs per year for employees with experience between 2 years to 17 years. Salary estimates are based on 22 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Deputy Manager Operations

1mo ago

₹9.1 Lakhs

16 years exp.

11mo ago

₹7.5 Lakhs

5 years exp.

11mo ago

₹6.8 Lakhs

15 years exp.

1y ago

₹6.6 Lakhs

2 years exp.

1y ago

₹7.5 Lakhs

9 years exp.

1y ago

7 years exp.

1y ago

13 years exp.

1y ago

15 years exp.

1y ago

5 years exp.

1y ago

12 years exp.

Experience wise HDFC Life Deputy Manager Operations salaries

Last Updated: 27 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
3 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
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4 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
8 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
10 years (4 salaries)	₹6 L/yr - ₹12.8 L/yr
11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
12 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
13 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
14 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
15+ years (5 salaries)	₹6.8 L/yr - ₹9.1 L/yr

View all

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Top skills at HDFC Life for Deputy Manager Operations

Rcsa Operations Management Risk Management Orcale MIS Reporting Operational Risk Management Bioinformatics MIS Risk Control Internal Audit

Salary related reviews for HDFC Life

4.6

Rated by 5 employees for salary & benefits

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

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

SDM in Goa

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Apr 2023

3.0

for Salary and Benefits

Likes

...l Rules/regulations and values set by the organisation are really praise worthy. Good initial salary package. You will learn communication skills and build confidence but not much technical skills though.

Dislikes

The management staff doesn't really follow what has been preached. You will be verbally harassed for not meeting targets, i have seen senior make fun of people based on their looks. According to the company's rules miss selling is a taboo but managers will force you to sell products by hook or crook to meet targets. You will be made to work extra long hours instead of the promised actual time. if it's a big branch with more competation and god forbid if the competition gets good business, you will be chewed up by your senior's on a private call. My friend was in tears when he got shouted on for not being able to get business and it was only his first month. Overall the framework of the company is nice but whether you will enjoy your work life or not depends on the kind of superiors you get.

Work-life balance - Poor

Training Manager in Bhopal

Full Time

Other Department

3.0

• posted on 03 Sep 2023

2.0

for Salary and Benefits

Likes

Stable job, one can work with co for long term. Good HR policies. Female friendly and safe organisation.

Skill development - Good

+2 more

Dislikes

1. Pay structure is poor. The CTC includes the annual bonus. That means for earning your own CTC, one has to earn rating. 2. The managers are poor skilled, knows only to create pressure but don't know to manage pressure. Don't groom the teams. 3. 6 days working. 4. Way behind technically. Huge manual work is still there which can be handled by improved technology. 5. Overall, the co doesn't want to spend money over people, over technology,

Salary - Poor

+2 more

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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 Deputy Manager Operations Salary FAQs

What is the salary of Deputy Manager Operations at HDFC Life ?

The average salary of a Deputy Manager Operations at HDFC Life in India typically ranges from ₹4.6 Lakhs to ₹9.1 Lakhs per year, depending on experience (from 2 years to 17 years).

The top 10% of Deputy Manager Operations at HDFC Life earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹9.1 Lakhs per year. Deputy Manager Operations 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 20+ HDFC Life employees in India.

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

The estimated take-home salary of a Deputy Manager Operations at HDFC Life in India typically ranges from ₹52,898 to ₹54,214 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹9.1 Lakhs per year for employees with experience ranging from 2 years to 17 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 20+ 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 Deputy Manager Operations at HDFC Life ?

To be a Deputy Manager Operations at HDFC Life in india, the key skills required include:

- Rcsa
- Operations Management
- Risk Management
- Orcale
- MIS Reporting

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 Deputy Manager Operations in India?

Allianz	₹7.5 Lakhs to ₹12.0 Lakhs per year
Reliance Nippon Life Insurance	₹5.2 Lakhs to ₹16.0 Lakhs per year
Bajaj Allianz Life Insurance	₹6.7 Lakhs to ₹9.3 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 Deputy Manager Operations in companies similar to HDFC Life in India?

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

PNB MetLife	₹5.5 Lakhs to ₹7.7 Lakhs per year
SBI Life Insurance Company	₹4.0 Lakhs to ₹9.0 Lakhs per year
Star Health & Allied Insurance	₹4.2 Lakhs to ₹6.2 Lakhs per year
HDFC Ergo General Insurance	₹5.0 Lakhs to ₹7.0 Lakhs per year
Axis Max Life Insurance	₹3.8 Lakhs to ₹6.5 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 Deputy Manager Operations at HDFC Life in India?

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

Experience	Average Salary Range
2 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
3 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
4 years	₹5.8 Lakhs to ₹7.5 Lakhs per year
5 years	₹5.9 Lakhs to ₹7.6 Lakhs per year

and so on.

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HDFC Life Deputy Manager Operations Salaries

HDFC Life Deputy Manager Operations salary in India ranges between ₹4.6 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 HDFC Life latest salaries received from various employees of HDFC Life.