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HDFC Life Insurance Executive salaries in India (Updated 2025)

Annual salary range
1 - 4 years exp.
₹1.6 Lakh - ₹4.5 Lakhs
Salary of majority employees
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26% more than the average Insurance Executive Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

Sales & Business Development
Insurance Executive Salary
1 - 3 years exp. (6 salaries)
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₹3 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Insurance Executive Salary
1 - 3 years exp. (3 salaries)
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₹1.6 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Insurance Executive Salary
4 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.8 L/yr

Finance & Accounting
Insurance Executive Salary
4 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.5 L/yr

Last Updated: 2 Jan 2025

Companies similar to HDFC Life for Insurance Executive

Company name Avg Annual Salary Open Jobs
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₹2.1 L/yr - ₹4 L/yr

arrow icon 7% more
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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 1% more
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Max Life Insurance Insurance Executive Salary

0 - 6 years exp. (17 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 4% more
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₹1.3 L/yr - ₹3 L/yr

arrow icon 15% less
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₹2.4 L/yr - ₹3 L/yr

arrow icon 10% less
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₹2 L/yr - ₹6 L/yr

arrow icon 4% less
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₹1.1 L/yr - ₹4.5 L/yr

arrow icon 6% less
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₹2.3 L/yr - ₹3 L/yr

arrow icon 17% less
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PNB MetLife Insurance Executive Salary

1 - 11 years exp. (9 salaries)

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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 8% more
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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 23% less
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₹1.6 L/yr - ₹4.7 L/yr

arrow icon 12% less
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₹1.4 L/yr - ₹3.7 L/yr

arrow icon 40% less
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₹1 L/yr - ₹3.2 L/yr

arrow icon 30% less
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Gallagher Insurance Executive Salary

0 - 5 years exp. (5 salaries)

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₹0.6 L/yr - ₹5.5 L/yr

arrow icon 12% less
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₹1.8 L/yr - ₹10.1 L/yr

arrow icon 77% more
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₹1.2 L/yr - ₹2.4 L/yr

arrow icon 43% less
Insurance Executive salary at HDFC Life ranges between ₹1.6 Lakh to ₹4.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 23 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Insurance Executive

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Experience wise HDFC Life Insurance Executive salaries

Last Updated: 2 Jan 2025

Experience Avg Annual Salary
1 year  (6 salaries)

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₹1.6 L/yr - ₹3 L/yr
2 years  (9 salaries)

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₹1.8 L/yr - ₹3.5 L/yr
3 years  (6 salaries)

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₹1.3 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in HDFC Life

Sales Executive Salary
(190 salaries)
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₹1 L/yr - ₹5 L/yr
MIS Executive Salary
(34 salaries)
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₹1.5 L/yr - ₹5.3 L/yr
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₹1.5 L/yr - ₹4.5 L/yr
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₹1.35 L/yr - ₹4 L/yr
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₹1.05 L/yr - ₹4 L/yr
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₹1.45 L/yr - ₹3.65 L/yr
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₹2 L/yr - ₹3.05 L/yr
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₹1.2 L/yr - ₹5.5 L/yr
Computer Operator Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
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₹2.39 L/yr - ₹3.6 L/yr

Salary related reviews for HDFC Life

3.6

Rated by 5 employees for salary & benefits

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.

read more
  • Skill development - Excellent
  • +2 more

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.

read more
  • Promotions - Poor

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.

read more
  • Salary - Bad
  • +6 more

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".

read more
  • Job security - Excellent

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.

read more
  • Salary - Bad
  • +4 more

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.

read more
  • Salary - Poor
  • +4 more

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

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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HDFC Life Insurance Executive Salary FAQs

What is the salary of Insurance Executive at HDFC Life ?
The average salary of a Insurance Executive at HDFC Life in India typically ranges from ₹1.6 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Insurance Executive at HDFC Life earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Insurance Executive 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 20+ HDFC Life employees in India.
What is the estimated take home salary of a Insurance Executive at HDFC Life in India?
The estimated take-home salary of a Insurance Executive at HDFC Life in India typically ranges from ₹23,423 to ₹24,886 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HDFC Life for Insurance Executive in India?
The Oriental Insurance Co. ₹1.8 Lakhs to ₹10.1 Lakhs per year
PNB MetLife ₹3.2 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance ₹2.1 Lakhs to ₹4.0 Lakhs per year
Max Life Insurance ₹2.0 Lakhs to ₹5.0 Lakhs per year
SBI Life Insurance Company ₹2.5 Lakhs to ₹5.5 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.
What is the salary of a Insurance Executive in companies similar to HDFC Life in India?
The salary of a Insurance Executive at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance Nippon Life Insurance ₹2.0 Lakhs to ₹6.0 Lakhs per year
Tata AIA Life Insurance ₹1.1 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz Life Insurance ₹2.4 Lakhs to ₹3.0 Lakhs per year
HDFC Ergo General Insurance ₹1.6 Lakhs to ₹4.7 Lakhs per year
Gallagher ₹0.6 Lakhs to ₹5.5 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.
How the salary growth look like for a Insurance Executive at HDFC Life in India?
The salary growth for a Insurance Executive at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Insurance Executive can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
1 year ₹1.6 Lakhs to ₹3.0 Lakhs per year
2 years ₹1.8 Lakhs to ₹3.5 Lakhs per year
3 years ₹1.3 Lakhs to ₹4.5 Lakhs per year
4 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life Insurance Executive salary in India ranges between ₹1.6 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 23 HDFC Life latest salaries received from various employees of HDFC Life.