HDFC Life New Delhi Insurance Manager Salaries by 7 Employees (Updated 2025)

1 - 5 years exp.

₹3.5 Lakhs - ₹4.9 Lakhs

Salary of majority employees

At par with the average Insurance Manager Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Manager Salary 2 - 4 years exp. (3 salaries)	₹3.5 L/yr - ₹4.2 L/yr
Login to view exact salary
Sales & Business Development Insurance Manager Salary 1 - 5 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.1 L/yr

Last Updated: 8 Jan 2025

Companies similar to HDFC Life for Insurance Manager in New Delhi

HDFC Life Insurance Manager Salary

1 - 5 years exp. (7 salaries)

₹3.5 L/yr - ₹4.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Insurance Manager Salary 1 - 10 years exp. (4 salaries)	₹3.2 L/yr - ₹4.7 L/yr 3% more
Tata AIA Life Insurance Insurance Manager Salary 3 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹6.5 L/yr 30% more
Login to view exact salary
PNB MetLife Insurance Manager Salary 1 - 8 years exp. (15 salaries)	₹1.2 L/yr - ₹4.2 L/yr 7% less
ICICI Lombard General Insurance Company Insurance Manager Salary 5 - 13 years exp. (5 salaries)	₹3.8 L/yr - ₹8 L/yr 29% more
Reliance Nippon Life Insurance Insurance Manager Salary 1 - 11 years exp. (4 salaries)	₹2.5 L/yr - ₹5 L/yr 2% more
Kotak Mahindara Life Insurance Insurance Manager Salary 2 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹4.1 L/yr 3% less
Care Health Insurance Insurance Manager Salary 1 - 7 years exp. (4 salaries)	₹2.6 L/yr - ₹4.6 L/yr 9% less

Insurance Manager salary at HDFC Life ranges between ₹3.5 Lakhs to ₹4.9 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Insurance Manager salaries in New Delhi

Last Updated: 8 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.9 L/yr
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3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.9 L/yr

Similar Designation salaries in HDFC Life

Sales Manager Salary

(106 salaries)

₹2 L/yr - ₹6.7 L/yr

Assistant Sales Manager Salary

(100 salaries)

₹2.5 L/yr - ₹5.6 L/yr

Relationship Manager Salary

(52 salaries)

₹2 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(47 salaries)

₹4.75 L/yr - ₹12 L/yr

Branch Manager Salary

(42 salaries)

₹6.15 L/yr - ₹12 L/yr

Territory Manager Salary

(33 salaries)

₹6.24 L/yr - ₹20 L/yr

Branch Sales Manager Salary

(7 salaries)

₹6.5 L/yr - ₹8.24 L/yr

Salary related reviews for HDFC Life

3.7

Rated by 4 employees for salary & benefits

Business Development Manager in Vasai-Virar

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.

Work satisfaction - Bad

+2 more

Sales Manager in Mumbai

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

Skill development - Poor

+5 more

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.

Salary - Poor

+4 more

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.

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

Salary - Bad

+5 more

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.

Salary - Poor

+3 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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HDFC Life Insurance Manager Salary FAQs

What is the salary of Insurance Manager at HDFC Life New Delhi?

Insurance Manager salary at HDFC Life in New Delhi ranges between ₹3.5 Lakhs to ₹4.9 Lakhs for experience between 1 years to 5 years. According to our estimates it is 1% less than the average Insurance Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life New Delhi.

How does the salary of a Insurance Manager at HDFC Life New Delhi compare with the average salary range for this job?

The average salary of a Insurance Manager at HDFC Life is 1% less than the average salary of a Insurance Manager in New Delhi. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Insurance Manager in New Delhi?

Tata AIA Life Insurance Insurance Manager Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company Insurance Manager Salary - ₹3.8 Lakhs to ₹8.0 Lakhs per year
Bajaj Allianz Life Insurance Insurance Manager Salary - ₹3.2 Lakhs to ₹4.7 Lakhs per year
Reliance Nippon Life Insurance Insurance Manager Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Insurance Manager in companies similar to HDFC Life in New Delhi?

Kotak Mahindara Life Insurance Insurance Manager Salary - ₹3.6 Lakhs to ₹4.1 Lakhs per year
PNB MetLife Insurance Manager Salary - ₹1.2 Lakhs to ₹4.2 Lakhs per year
Care Health Insurance Insurance Manager Salary - ₹2.6 Lakhs to ₹4.6 Lakhs per year

What is the estimated take home salary of a Insurance Manager at HDFC Life in New Delhi?

The estimated take-home salary of a Insurance Manager at HDFC Life ranges between ₹29,402 per month to ₹30,775 per month in New Delhi. The take-home salary calculation is based on the average HDFC Life Insurance Manager salary in India which ranges between ₹3.5 Lakhs to ₹4.9 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Insurance Manager at HDFC Life in New Delhi?

According to AmbitionBox, 67% of the HDFC Life Insurance Managers in New Delhi reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 9 responses on AmbitionBox in last 2 years.

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HDFC Life Insurance Manager Salaries in New Delhi

HDFC Life Insurance Manager salary in New Delhi ranges between ₹3.5 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.