HDFC Life Executive Manager Salaries by 7 Employees (Updated 2024)

1 - 18 years exp.

₹4.8 Lakhs - ₹9.1 Lakhs

Low Confidence

Salary of majority employees

58% less than the average Executive Manager Salary in Insurance Companies for 1 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Executive Manager Salary 18 years exp. (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.6 L/yr
Human Resources Executive Manager Salary 1 year exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.2 L/yr
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Marketing & Communication Executive Manager Salary 10 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr
Sales & Business Development Executive Manager Salary 1 year exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.2 L/yr

Last Updated: 19 Nov 2024

Companies similar to HDFC Life for Executive Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Executive Manager Salary 3 - 4 years exp. (3 salaries)	₹5.2 L/yr - ₹6.7 L/yr 15% less
Max Life Insurance Executive Manager Salary 0 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹5.2 L/yr 43% less
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Kotak Mahindara Life Insurance Executive Manager Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹6.3 L/yr 44% less
Bajaj Allianz Life Insurance Executive Manager Salary 1 - 6 years exp. (19 salaries)	₹3 L/yr - ₹4.5 L/yr 48% less
Reliance Nippon Life Insurance Executive Manager Salary 0 - 5 years exp. (9 salaries)	₹2.9 L/yr - ₹3.3 L/yr 55% less
Tata AIA Life Insurance Executive Manager Salary 2 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹4 L/yr 48% less
Aditya Birla Sun Life Insurance Executive Manager Salary 1 - 6 years exp. (11 salaries)	₹2.9 L/yr - ₹3.5 L/yr 54% less
PNB MetLife Executive Manager Salary 2 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹6 L/yr 37% less
ICICI Lombard General Insurance Company Executive Manager Salary 6 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 26% less
Star Health & Allied Insurance Executive Manager Salary 3 - 12 years exp. (4 salaries)	₹2 L/yr - ₹4 L/yr 61% less
Care Health Insurance Executive Manager Salary 2 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3.1 L/yr 61% less
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HDFC Ergo General Insurance Executive Manager Salary 1 - 5 years exp. (3 salaries)	₹2.7 L/yr - ₹3 L/yr 60% less

Executive Manager salary at HDFC Life ranges between ₹4.8 Lakhs to ₹9.1 Lakhs per year for employees with experience between 1 year to 18 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Executive Manager salaries

Last Updated: 19 Nov 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹4.8 L/yr - ₹8.7 L/yr
2 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8 L/yr
11 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
13 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
14 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
15+ years (3 salaries)	₹8.5 L/yr - ₹9.1 L/yr

View all

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Salary related reviews for HDFC Life

5.0

Rated by 4 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.

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.

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.

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

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

2.0

for Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

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 Executive Manager Salary FAQs

What is the salary of Executive Manager at HDFC Life?

Executive Manager salary at HDFC Life in India ranges between ₹4.8 Lakhs to ₹9.1 Lakhs for experience between 1 years to 18 years. According to our estimates it is 58% less than the average Executive Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Executive Manager at HDFC Life is 58% less than the average salary of a Executive Manager in India. To know exact salary insights, login to view.

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

ICICI Prudential Life Insurance Executive Manager Salary - ₹5.2 Lakhs to ₹6.7 Lakhs per year
ICICI Lombard General Insurance Company Executive Manager Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year
PNB MetLife Executive Manager Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year
Max Life Insurance Executive Manager Salary - ₹2.2 Lakhs to ₹5.2 Lakhs per year
Kotak Mahindara Life Insurance Executive Manager Salary - ₹2.0 Lakhs to ₹6.3 Lakhs per year

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

The estimated take-home salary of a Executive Manager at HDFC Life ranges between ₹52,920 per month to ₹54,236 per month in India. The take-home salary calculation is based on the average HDFC Life Executive Manager salary in India which ranges between ₹4.8 Lakhs to ₹9.1 Lakhs per year for employees with experience between 1 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the HDFC Life Executive Managers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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HDFC Life Executive Manager Salaries

HDFC Life Executive Manager salary in India ranges between ₹4.8 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.