Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary7% less than the average Deputy Manager Salary in Insurance Companies for 0 - 15 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Deputy Manager Salary
0 - 15
years
exp.
(130
salaries)
|  ₹4 L/yr - ₹13.6 L/yr |
Customer Success, Service & Operations
Deputy Manager Salary
0 - 15
years
exp.
(83
salaries)
| ₹4.7 L/yr - ₹12.2 L/yr |
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| |
Finance & Accounting
Deputy Manager Salary
0 - 13
years
exp.
(59
salaries)
| ₹5 L/yr - ₹12.6 L/yr |
Sales & Business Development
Deputy Manager Salary
1 - 13
years
exp.
(31
salaries)
| ₹3.5 L/yr - ₹14.4 L/yr |
Data Science & Analytics
Deputy Manager Salary
0 - 11
years
exp.
(27
salaries)
| ₹5.2 L/yr - ₹12.5 L/yr |
Companies similar to HDFC Life for Deputy Manager in Mumbai
HDFC Life
Deputy Manager Salary
0 - 15 years exp. (477 salaries) |  ₹3.5 L/yr - ₹12.5 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Kotak Mahindara Life Insurance Deputy Manager Salary
0 - 10 years exp. (435 salaries) | ₹2.3 L/yr - ₹5.7 L/yr 
48%
less | |
 HDFC Ergo General Insurance Deputy Manager Salary
0 - 13 years exp. (259 salaries) | ₹3.5 L/yr - ₹10.3 L/yr
25%
less | |
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| ||
 Kotak Mahindra General Insurance Deputy Manager Salary
4 - 10 years exp. (80 salaries) | ₹3 L/yr - ₹7.1 L/yr
36%
less | |
 Bajaj Allianz Life Insurance Deputy Manager Salary
1 - 15 years exp. (74 salaries) | ₹5 L/yr - ₹16.5 L/yr 
33%
more | |
 Aditya Birla Sun Life Insurance Deputy Manager Salary
2 - 10 years exp. (69 salaries) | ₹3.2 L/yr - ₹9 L/yr
17%
less | |
 Axis Max Life Insurance Deputy Manager Salary
0 - 13 years exp. (68 salaries) | ₹3.2 L/yr - ₹7.7 L/yr
32%
less | 20 job openings |
 Reliance Nippon Life Insurance Deputy Manager Salary
1 - 17 years exp. (53 salaries) | ₹3.7 L/yr - ₹14.4 L/yr
7%
more | |
 PNB MetLife Deputy Manager Salary
4 - 16 years exp. (51 salaries) | ₹4 L/yr - ₹12.6 L/yr
8%
more | |
 SBI General Insurance Deputy Manager Salary
4 - 11 years exp. (28 salaries) | ₹4.3 L/yr - ₹10.6 L/yr
29%
less | |
 Aditya Birla Insurance Brokers Deputy Manager Salary
4 - 15 years exp. (14 salaries) | ₹5 L/yr - ₹9.5 L/yr
9%
less | |
 Star Health & Allied Insurance Deputy Manager Salary
3 - 13 years exp. (13 salaries) | ₹4.8 L/yr - ₹7 L/yr
18%
less | |
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| ||
 ICICI Prudential Life Insurance Deputy Manager Salary
1 - 7 years exp. (9 salaries) | ₹3.8 L/yr - ₹8 L/yr
26%
less | |
 ICICI Lombard General Insurance Company Deputy Manager Salary
5 - 13 years exp. (9 salaries) | ₹4.7 L/yr - ₹11 L/yr
9%
less | |
 SBI Life Insurance Company Deputy Manager Salary
2 - 15 years exp. (7 salaries) | ₹4.5 L/yr - ₹10 L/yr
14%
less | |
 Tata AIA Life Insurance Deputy Manager Salary
3 - 8 years exp. (6 salaries) | ₹3.2 L/yr - ₹10.5 L/yr
23%
less | |
 The New India Assurance Co. Deputy Manager Salary
7 - 14 years exp. (4 salaries) | ₹20 L/yr - ₹26 L/yr
171%
more | |
Latest annual salaries shared by HDFC Life Deputy Manager in Mumbai
Experience wise HDFC Life Deputy Manager salaries in Mumbai
Last Updated: 24 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (12 salaries) |
₹4.1
L/yr
- ₹11
L/yr
|
| 1 year (39 salaries) |
₹5
L/yr
- ₹13
L/yr
|
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| |
| 2 years (22 salaries) |
₹7.3
L/yr
- ₹13.6
L/yr
|
| 3 years (33 salaries) |
₹5.4
L/yr
- ₹12.2
L/yr
|
| 4 years (34 salaries) |
₹3.5
L/yr
- ₹12.5
L/yr
|
From
To
Deputy Manager
Lakhs/yr
0 - 15 years exp.
Senior Manager
Lakhs/yr
2 - 20 years exp.
15% hike
53% hike
Similar Designation salaries in HDFC Life
Top skills at HDFC Life for Deputy Manager
Salary related reviews for HDFC Life
Discover interview dos and don'ts from real experiences
Top trending discussions
HDFC Life Deputy Manager Salary FAQs
The top 10% of Deputy Manager in Mumbai at HDFC Life earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Deputy 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 400+ HDFC Life employees in India.
- - Life Insurance
- - Training
- - MIS
- - Product Training
- - Sales Training
These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.
| The New India Assurance Co. | ₹20.0 Lakhs to ₹26.0 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹5.0 Lakhs to ₹16.5 Lakhs per year |
| PNB MetLife | ₹4.0 Lakhs to ₹12.6 Lakhs per year |
| Reliance Nippon Life Insurance | ₹3.7 Lakhs to ₹14.4 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.
| ICICI Lombard General Insurance Company | ₹4.7 Lakhs to ₹11.0 Lakhs per year |
| Aditya Birla Insurance Brokers | ₹5.0 Lakhs to ₹9.5 Lakhs per year |
| SBI Life Insurance Company | ₹4.5 Lakhs to ₹10.0 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹3.2 Lakhs to ₹9.0 Lakhs per year |
| Star Health & Allied Insurance | ₹4.8 Lakhs to ₹7.0 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹4.1 Lakhs to ₹11.0 Lakhs per year |
| 1 year | ₹5.0 Lakhs to ₹13.0 Lakhs per year |
| 2 years | ₹7.3 Lakhs to ₹13.6 Lakhs per year |
| 3 years | ₹5.4 Lakhs to ₹12.2 Lakhs per year |
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- HDFC Life Deputy Manager Salaries in Mumbai
HDFC Life Deputy Manager salary
in
Mumbai
ranges between ₹3.5
Lakhs to ₹12.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
477
HDFC Life latest salaries received from various employees of
HDFC Life.