HDFC Life Mumbai Insurance Associate Salaries by 2 Employees (Updated 2025)

2 - 3 years exp.

₹1.8 Lakh - ₹2.3 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 15 Mar 2023

Companies similar to HDFC Life for Insurance Associate in Mumbai

HDFC Life Insurance Associate Salary

2 - 3 years exp. (AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Company name	Avg Annual Salary	Open Jobs
M&G Global Services Insurance Associate Salary 1 - 8 years exp. (40 salaries)	₹3 L/yr - ₹6 L/yr 118% more
Accenture Insurance Associate Salary 0 - 5 years exp. (17 salaries)	₹2 L/yr - ₹4.2 L/yr 50% more
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10FA India Insurance Associate Salary 1 - 7 years exp. (14 salaries)	₹3 L/yr - ₹6 L/yr 114% more
TCS Insurance Associate Salary 0 - 9 years exp. (11 salaries)	₹2.4 L/yr - ₹4 L/yr 50% more
M&G PLC Insurance Associate Salary 4 - 9 years exp. (9 salaries)	₹3.8 L/yr - ₹6 L/yr 146% more

Insurance Associate salary at HDFC Life ranges between ₹1.8 Lakh to ₹2.3 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 2 latest salaries received from various employees of HDFC Life.

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Salary related reviews for HDFC Life

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.

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.

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

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

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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HDFC Life Insurance Associate Salary FAQs

What is the notice period for Insurance Associate at HDFC Life in Mumbai?

According to AmbitionBox, 100% of the HDFC Life Insurance Associates in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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HDFC Life Insurance Associate Salaries in Mumbai

HDFC Life Insurance Associate salary in Mumbai ranges between ₹1.8 Lakh to ₹2.3 Lakhs. This is an estimate based on latest salaries received from employees of HDFC Life.