HDFC Life Insurance Sales Manager Salaries by 20+ Employees (Updated 2025)

1 - 12 years exp.

₹1.5 Lakh - ₹5.8 Lakhs

Salary of majority employees

11% less than the average Insurance Sales Manager Salary in Insurance Companies for 1 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Sales Manager Salary 3 - 12 years exp. (6 salaries)	₹2.4 L/yr - ₹5.8 L/yr
Sales & Business Development Insurance Sales Manager Salary 1 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹3.7 L/yr
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Finance & Accounting Insurance Sales Manager Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.7 L/yr
Customer Success, Service & Operations Insurance Sales Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.7 L/yr

Last Updated: 17 Jan 2024

Companies similar to HDFC Life for Insurance Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Insurance Sales Manager Salary 1 - 5 years exp. (12 salaries)	₹2.5 L/yr - ₹3.5 L/yr 7% less
SBI Life Insurance Company Insurance Sales Manager Salary 3 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 2% less
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Max Life Insurance Insurance Sales Manager Salary 2 - 6 years exp. (10 salaries)	₹2.6 L/yr - ₹4 L/yr 3% less
Kotak Mahindara Life Insurance Insurance Sales Manager Salary 0 - 7 years exp. (7 salaries)	₹2.2 L/yr - ₹5 L/yr 20% more
Bajaj Allianz Life Insurance Insurance Sales Manager Salary 3 - 10 years exp. (9 salaries)	₹1.8 L/yr - ₹5.1 L/yr 17% more
Reliance Nippon Life Insurance Insurance Sales Manager Salary 1 - 7 years exp. (7 salaries)	₹2.2 L/yr - ₹3 L/yr 22% less
Tata AIA Life Insurance Insurance Sales Manager Salary 1 - 8 years exp. (27 salaries)	₹3.5 L/yr - ₹6.4 L/yr 64% more
Aditya Birla Sun Life Insurance Insurance Sales Manager Salary 1 - 4 years exp. (6 salaries)	₹2.1 L/yr - ₹3.5 L/yr 14% less
PNB MetLife Insurance Sales Manager Salary 1 - 4 years exp. (4 salaries)	₹1.5 L/yr - ₹4 L/yr 19% less
Star Health & Allied Insurance Insurance Sales Manager Salary 2 - 8 years exp. (5 salaries)	₹1.7 L/yr - ₹3 L/yr 26% less
ICICI Lombard General Insurance Company Insurance Sales Manager Salary 6 - 8 years exp. (4 salaries)	₹3.1 L/yr - ₹7.4 L/yr 45% more
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HDFC Ergo General Insurance Insurance Sales Manager Salary 4 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹4.6 L/yr 11% more
Shriram Life Insurance Insurance Sales Manager Salary 3 - 10 years exp. (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr 25% less
The Oriental Insurance Co. Insurance Sales Manager Salary 2 - 10 years exp. (3 salaries)	₹3 L/yr - ₹4.4 L/yr 8% more

Insurance Sales Manager salary at HDFC Life ranges between ₹1.5 Lakh to ₹5.8 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 26 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Insurance Sales Manager salaries

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.5 L/yr - ₹4.7 L/yr
2 years (3 salaries)	₹2 L/yr - ₹3 L/yr
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3 years (10 salaries)	₹2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.7 L/yr
7 years (3 salaries)	₹2.8 L/yr - ₹4.2 L/yr
8 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.8 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
11 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
12 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5.8 L/yr

View all

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Salary related reviews for HDFC Life

4.2

Rated by 9 employees for salary & benefits

Senior Corporate Agency Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 08 Nov 2024

4.0

for Salary and Benefits

Likes

Skill development is good more knowledge we gets about product clearly

Salary - Good

+3 more

Dislikes

...nsent about the employee only they listen what our bosses say not to employees, Higher New employees giving higher designation and salary hike instade of give to our old employees

Promotions - Bad

+2 more

Senior Corporate Agency Manager in Mumbai

Full Time

Other Department

1.0

• posted on 14 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing to like, people keep on absconding, due to no work life balance, irrelevant pressure.

Dislikes

...cy, rejected leaves at last moment even after informing manager 2 months before. * No job security, Manager always ask to resign in front of everyone in team meetings * Bullying regarding salary infront of colleagues, as if paying my salary from their own pocket *

Salary - Poor

+6 more

Corporate Agency Manager in Bhubaneswar

Full Time

Sales & Business Development Department

4.0

• posted on 22 Jun 2024

1.0

for Salary and Benefits

Likes

Management are too friendly... All staff are too friendly and helping ...

Job security - Excellent

+2 more

Dislikes

Salary increment problem... promotion criteria too hard.. even new fresher staff Haring with high salary but old staff salary not increase,

Salary - Bad

+1 more

Corporate Agency Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Sep 2023

3.0

for Salary and Benefits

Likes

They pay timely salary this only the thing

Dislikes

1. No work life balance 2. They will torture you 3. If you did not sell the policy they just try make you to purchase a policy for your family 4. There no holiday for bank holidays but it's banca channel 5.worth thing is hdfc bank doesn't like it's own policies and sell other products of tata and birla 6. There is no job security in hdfc life.. company don't remove you but the managers made you to resign So many are there like this

Skill development - Bad

+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

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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HDFC Life Insurance Sales Manager Salary FAQs

What is the salary of Insurance Sales Manager at HDFC Life?

Insurance Sales Manager salary at HDFC Life in India ranges between ₹1.5 Lakhs to ₹5.8 Lakhs for experience between 1 years to 12 years. According to our estimates it is 11% less than the average Insurance Sales Manager Salary in India. Salary estimates are based on 26 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Insurance Sales Manager at HDFC Life is 11% less than the average salary of a Insurance Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Insurance Sales Manager in India?

Tata AIA Life Insurance Insurance Sales Manager Salary - ₹3.5 Lakhs to ₹6.4 Lakhs per year
ICICI Lombard General Insurance Company Insurance Sales Manager Salary - ₹3.1 Lakhs to ₹7.4 Lakhs per year
Kotak Mahindara Life Insurance Insurance Sales Manager Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance Insurance Sales Manager Salary - ₹1.8 Lakhs to ₹5.1 Lakhs per year
HDFC Ergo General Insurance Insurance Sales Manager Salary - ₹2.7 Lakhs to ₹4.6 Lakhs per year

What is the salary of a Insurance Sales Manager in companies similar to HDFC Life in India?

The Oriental Insurance Co. Insurance Sales Manager Salary - ₹3.0 Lakhs to ₹4.4 Lakhs per year
SBI Life Insurance Company Insurance Sales Manager Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year
Max Life Insurance Insurance Sales Manager Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
ICICI Prudential Life Insurance Insurance Sales Manager Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
Aditya Birla Sun Life Insurance Insurance Sales Manager Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Insurance Sales Manager at HDFC Life ranges between ₹23,139 per month to ₹24,605 per month in India. The take-home salary calculation is based on the average HDFC Life Insurance Sales Manager salary in India which ranges between ₹1.5 Lakhs to ₹5.8 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Insurance Sales Manager at HDFC Life?

According to AmbitionBox, 60% of the HDFC Life Insurance Sales Managers reported a notice period of 15 days or less, 40% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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HDFC Life Insurance Sales Manager Salaries

HDFC Life Insurance Sales Manager salary in India ranges between ₹1.5 Lakh to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 HDFC Life latest salaries received from various employees of HDFC Life.