HDFC Life Duty Manager Salaries by 4 Employees (Updated 2024)

2 - 9 years exp.

₹4.6 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

36% more than the average Duty Manager Salary in Insurance Companies for 2 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Duty Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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Finance & Accounting Duty Manager Salary 9 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 16 Nov 2024

Companies similar to HDFC Life for Duty Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Duty Manager Salary 1 - 8 years exp. (3 salaries)	₹4.1 L/yr - ₹5.2 L/yr 31% less
Max Life Insurance Duty Manager Salary 1 - 3 years exp. (5 salaries)	₹3.6 L/yr - ₹4.6 L/yr 34% less
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Kotak Mahindara Life Insurance Duty Manager Salary 0 - 7 years exp. (6 salaries)	₹2.5 L/yr - ₹3.3 L/yr 52% less
HDFC Ergo General Insurance Duty Manager Salary 1 - 14 years exp. (5 salaries)	₹4.2 L/yr - ₹7.2 L/yr 8% less
PVR Inox Duty Manager Salary 1 - 13 years exp. (583 salaries)	₹2.3 L/yr - ₹5.7 L/yr 37% less

Duty Manager salary at HDFC Life ranges between ₹4.6 Lakhs to ₹8.5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Duty Manager salaries

Last Updated: 16 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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4 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
9 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

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Salary related reviews for HDFC Life

5.0

Rated by 1 employees for salary & benefits

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".

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.

Senior Corporate Agency Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 08 Nov 2024

4.0

for Salary and Benefits

Likes

Skill development is good more knowledge we gets about product clearly

Dislikes

...nsent about the employee only they listen what our bosses say not to employees, Higher New employees giving higher designation and salary hike instade of give to our old employees

Senior Corporate Agency Manager in Mumbai

Full Time

Other Department

1.0

• posted on 14 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing to like, people keep on absconding, due to no work life balance, irrelevant pressure.

Dislikes

...cy, rejected leaves at last moment even after informing manager 2 months before. * No job security, Manager always ask to resign in front of everyone in team meetings * Bullying regarding salary infront of colleagues, as if paying my salary from their own pocket *

Chief Manager - HR in Mumbai

Full Time

Human Resources Department

4.0

• posted on 04 Oct 2024

4.0

for Salary and Benefits

Likes

Stable company offering secure job. Never ever delays employees salary. Very strong in latest technology adoption. Strong top level management. Learning environment.

Dislikes

No Work life balance in few departments.

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.

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.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Life Duty Manager Salary FAQs

What is the salary of Duty Manager at HDFC Life?

Duty Manager salary at HDFC Life in India ranges between ₹4.6 Lakhs to ₹8.5 Lakhs for experience between 2 years to 9 years. According to our estimates it is 36% more than the average Duty Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life India.

How does the salary of a Duty Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Duty Manager at HDFC Life is 36% more than the average salary of a Duty Manager in India. To know exact salary insights, login to view.

What is the salary of a Duty Manager in companies similar to HDFC Life in India?

HDFC Ergo General Insurance Duty Manager Salary - ₹4.2 Lakhs to ₹7.2 Lakhs per year
ICICI Prudential Life Insurance Duty Manager Salary - ₹4.1 Lakhs to ₹5.2 Lakhs per year
Max Life Insurance Duty Manager Salary - ₹3.6 Lakhs to ₹4.6 Lakhs per year
PVR Inox Duty Manager Salary - ₹2.3 Lakhs to ₹5.7 Lakhs per year
Kotak Mahindara Life Insurance Duty Manager Salary - ₹2.5 Lakhs to ₹3.3 Lakhs per year

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

The estimated take-home salary of a Duty Manager at HDFC Life ranges between ₹48,810 per month to ₹49,964 per month in India. The take-home salary calculation is based on the average HDFC Life Duty Manager salary in India which ranges between ₹4.6 Lakhs to ₹8.5 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Duty Manager at HDFC Life?

According to AmbitionBox, 67% of the HDFC Life Duty Managers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Life Duty Manager Salaries

HDFC Life Duty Manager salary in India ranges between ₹4.6 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.