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HDFC Life Insurance Manager salaries in India (Updated 2025)

Annual salary range
1 - 6 years exp.
₹2.5 Lakhs - ₹6 Lakhs
Salary of majority employees
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7% less than the average Insurance Manager Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Insurance Manager Salary
1 - 6 years exp. (20 salaries)
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₹2.5 L/yr - ₹5.5 L/yr

Sales & Business Development
Insurance Manager Salary
1 - 6 years exp. (5 salaries)
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₹4.3 L/yr - ₹6 L/yr

Finance & Accounting
Insurance Manager Salary
1 - 6 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.5 L/yr

Last Updated: 2 Mar 2025

Companies similar to HDFC Life for Insurance Manager

Company name Avg Annual Salary Open Jobs
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₹2.8 L/yr - ₹5 L/yr

arrow icon 7% less
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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 3% more
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₹2.3 L/yr - ₹5 L/yr

arrow icon 6% more
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₹1.5 L/yr - ₹6 L/yr

arrow icon 3% less
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₹2.6 L/yr - ₹7.7 L/yr

arrow icon 22% more
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PNB MetLife Insurance Manager Salary

0 - 8 years exp. (67 salaries)

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₹0.6 L/yr - ₹5.3 L/yr

arrow icon 4% less
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₹1.8 L/yr - ₹5 L/yr

arrow icon 8% less
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₹2.5 L/yr - ₹5.9 L/yr

arrow icon 4% more
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₹2.4 L/yr - ₹8 L/yr

arrow icon 14% more
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Shriram Life Insurance Insurance Manager Salary

2 - 15 years exp. (11 salaries)

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₹1 L/yr - ₹4.5 L/yr

arrow icon 12% less
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₹4 L/yr - ₹9.4 L/yr

arrow icon 61% more
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₹2.4 L/yr - ₹7.5 L/yr

arrow icon 25% more
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₹2.4 L/yr - ₹5.1 L/yr

arrow icon 6% less
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₹3 L/yr - ₹5 L/yr

arrow icon 3% less
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₹3.3 L/yr - ₹6 L/yr

arrow icon 26% more
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₹4.3 L/yr - ₹7.3 L/yr

arrow icon 21% more
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₹1.2 L/yr - ₹15 L/yr

arrow icon 75% more
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₹4 L/yr - ₹6.5 L/yr

arrow icon 53% more
Insurance Manager salary at HDFC Life ranges between ₹2.5 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 51 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Insurance Manager

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Experience wise HDFC Life Insurance Manager salaries

Last Updated: 2 Mar 2025

Experience Avg Annual Salary
1 year  (6 salaries)

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₹2.5 L/yr - ₹4.5 L/yr
2 years  (14 salaries)

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₹2.5 L/yr - ₹4.3 L/yr
3 years  (9 salaries)

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₹2.6 L/yr - ₹5 L/yr
4 years  (7 salaries)

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₹3 L/yr - ₹4.5 L/yr
5 years  (9 salaries)

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₹2.5 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in HDFC Life

Branch Manager Salary
(260 salaries)
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₹5.25 L/yr - ₹12.5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹25.2 L/yr - ₹32.2 L/yr
Area Manager Salary
(37 salaries)
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₹3.76 L/yr - ₹15.4 L/yr
Deputy Manager Salary
(731 salaries)
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₹3.5 L/yr - ₹12.14 L/yr
Sales Manager Salary
(702 salaries)
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₹1.55 L/yr - ₹7.5 L/yr
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₹2 L/yr - ₹8 L/yr
Territory Manager Salary
(229 salaries)
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₹10.9 L/yr - ₹21 L/yr
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₹5 L/yr - ₹10.5 L/yr
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₹2.5 L/yr - ₹5.6 L/yr
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₹1.7 L/yr - ₹5 L/yr
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Salary related reviews for HDFC Life

3.8

Rated by 17 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 10 Feb 2025

1.0
 for  Salary and Benefits

Likes

Hello team m Rishabh Rastogi from HDFC LIFE Bijnor Branch, there is a lot of pressure here for work and HDFC Life is a very good brand but there are no facilities for the employees in the office.

read more
  • Work-life balance - Excellent

Dislikes

Here the calculation is less Here the salary is very high as compared to low and the facilities are also very less, the promotions target is very high and there are many parameters.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 30 May 2024

3.0
 for  Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

read more
  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 24 Oct 2023

3.0
 for  Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

read more
  • Skill development - Poor
  • +5 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

3.0
  •  posted on 19 Aug 2023

1.0
 for  Salary and Benefits

Likes

Flexibility of work from home.

  • Job security - Good

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
  • Salary - Bad
  • +5 more
see more salary related reviews

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HDFC Life Insurance Manager Salary FAQs

What is the salary of Insurance Manager at HDFC Life?
Insurance Manager salary at HDFC Life in India ranges between ₹2.5 Lakhs to ₹6.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 7% less than the average Insurance Manager Salary in India. Salary estimates are based on 51 latest salaries received from various employees of HDFC Life India.
How does the salary of a Insurance Manager at HDFC Life India compare with the average salary range for this job?
The average salary of a Insurance Manager at HDFC Life is 7% less than the average salary of a Insurance Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Life to a Insurance Manager in India?
  • The New India Assurance Co. Insurance Manager Salary - ₹1.2 Lakhs to ₹15.0 Lakhs per year
  • HDFC Ergo General Insurance Insurance Manager Salary - ₹4.0 Lakhs to ₹9.4 Lakhs per year
  • Kotak Mahindra General Insurance Insurance Manager Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
  • Life Insurance Corporation of India Insurance Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
  • SBI General Insurance Insurance Manager Salary - ₹2.4 Lakhs to ₹7.5 Lakhs per year
What is the salary of a Insurance Manager in companies similar to HDFC Life in India?
  • Tata AIA Life Insurance Insurance Manager Salary - ₹2.6 Lakhs to ₹7.7 Lakhs per year
  • Star Health & Allied Insurance Insurance Manager Salary - ₹4.3 Lakhs to ₹7.3 Lakhs per year
  • ICICI Lombard General Insurance Company Insurance Manager Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year
  • Axis Max Life Insurance Insurance Manager Salary - ₹2.3 Lakhs to ₹5.0 Lakhs per year
  • Kotak Mahindara Life Insurance Insurance Manager Salary - ₹2.5 Lakhs to ₹5.9 Lakhs per year
What is the estimated take home salary of a Insurance Manager at HDFC Life in India?
The estimated take-home salary of a Insurance Manager at HDFC Life ranges between ₹27,222 per month to ₹28,628 per month in India. The take-home salary calculation is based on the average HDFC Life Insurance Manager salary in India which ranges between ₹2.5 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Insurance Manager at HDFC Life?
According to AmbitionBox, 68% of the HDFC Life Insurance Managers reported a notice period of 1 Month, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 77 responses on AmbitionBox in last 2 years.

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HDFC Life Insurance Manager salary in India ranges between ₹2.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 51 HDFC Life latest salaries received from various employees of HDFC Life.

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