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HDFC Life Innovation Manager salaries in Mumbai

Annual salary range
1 - 13 years exp.
₹8.5 Lakhs - ₹13.1 Lakhs
Salary of majority employees
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24% less than the average Innovation Manager Salary in Insurance Companies for 1 - 13 years of experience

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Salaries in different departments

Strategic & Top Management
Innovation Manager Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹11.9 L/yr - ₹13.1 L/yr

Customer Success, Service & Operations
Innovation Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 31 May 2023

Companies similar to HDFC Life for Innovation Manager in Mumbai

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HDFC Life Innovation Manager Salary

1 - 13 years exp. (4 salaries)

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₹8.5 L/yr - ₹13.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹16 L/yr - ₹22 L/yr

arrow icon 64% more
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₹8.3 L/yr - ₹8.5 L/yr

arrow icon 24% less
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Capgemini Innovation Manager Salary

7 - 8 years exp. (3 salaries)

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₹11 L/yr - ₹15 L/yr

arrow icon 26% more
Innovation Manager salary at HDFC Life ranges between ₹8.5 Lakhs to ₹13.1 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Innovation Manager in Mumbai

1y ago
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1 year exp.
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2 years exp.
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13 years exp.
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2 years exp.

Experience wise HDFC Life Innovation Manager salaries in Mumbai

Last Updated: 31 May 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹10.7 L/yr - ₹13.7 L/yr
2 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.9 L/yr
13 years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.8 L/yr

Similar Designation salaries in HDFC Life

Deputy Manager Salary
(424 salaries)
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₹3.5 L/yr - ₹14.4 L/yr
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₹7.5 L/yr - ₹13.97 L/yr

Salary related reviews for HDFC Life

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

read more

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.

read more

Engineering - Software & QA Department

2.0
  •  posted on 01 Jun 2021

2.0
 for  Salary and Benefits

Likes

I am working in this company (ADCAT dept) for the last 2 years. Even in the period of lockdown, they allowed us to WFH without any salary deduction. Sat-Sun is compulsory off. Work-life balance. ADCAT dept has a startup environment so there is a lot of transparency. Good for freshers

read more

Dislikes

Since this is not a tech company one shouldn't expect much but then too I would like to highlight a few points. Since there is no proper software development process so the quality of the project is worse. The fact is nobody cares until something crashes. No focus on best practices at all. Non-tech PM will make you laugh and sick at the same time. Managers do not value any technical suggestions so there will be a time where one would lose hope and run along with it. 90% of projects are scrapped within a few months after development. Lack of training for freshers/Interns pushes them in the wrong direction.

read more

Full Time

 · 

Information Technology Department

4.0
  •  posted on 30 Dec 2022

3.0
 for  Salary and Benefits

Likes

Too much pressure, however bigger companies have huge responsibility and always be at top to maintain the market standards and rank

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Dislikes

No promotion even after getting good appraisals. Salary can be improvised

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Non sales Department

4.0
  •  posted on 08 Nov 2018

3.0
 for  Salary and Benefits

Likes

I have lucky enough to have good bosses for having a good work life balance, with 4yrs old kid, this is main thing which is helping me move on being a non sales staff

read more

Dislikes

Still people resign because of bosses at sales team majorly not because of company or salary,

read more
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HDFC Life Innovation Manager Salary FAQs

What is the salary of Innovation Manager at HDFC Life Mumbai?
Innovation Manager salary at HDFC Life in Mumbai ranges between ₹8.5 Lakhs to ₹13.1 Lakhs for experience between 1 years to 13 years. According to our estimates it is 24% less than the average Innovation Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life Mumbai.
How does the salary of a Innovation Manager at HDFC Life Mumbai compare with the average salary range for this job?
The average salary of a Innovation Manager at HDFC Life is 24% less than the average salary of a Innovation Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Life to a Innovation Manager in Mumbai?
  • HDFC Ergo General Insurance Innovation Manager Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
  • Capgemini Innovation Manager Salary - ₹11.0 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Innovation Manager in companies similar to HDFC Life in Mumbai?
  • AGS Transact Technologies Innovation Manager Salary - ₹8.3 Lakhs to ₹8.5 Lakhs per year
What is the estimated take home salary of a Innovation Manager at HDFC Life in Mumbai?
The estimated take-home salary of a Innovation Manager at HDFC Life ranges between ₹79,529 per month to ₹81,598 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Innovation Manager salary in India which ranges between ₹8.5 Lakhs to ₹13.1 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Innovation Manager at HDFC Life in Mumbai?
According to AmbitionBox, 100% of the HDFC Life Innovation Managers in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Innovation Manager salary in Mumbai ranges between ₹8.5 Lakhs to ₹13.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.