HDFC Life Mumbai Key Account Manager Salaries by 60+ Employees (Updated 2025)

1 - 12 years exp.

₹7 Lakhs - ₹19.2 Lakhs

Salary of majority employees

Fixed (80%)

₹10.4 Lakhs

Variable (20%)

₹2.7 Lakhs

42% more than the average Key Account Manager Salary in Insurance Companies for 1 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Key Account Manager Salary 1 - 12 years exp. (15 salaries)	₹7 L/yr - ₹16.1 L/yr
Marketing & Communication Key Account Manager Salary 1 - 8 years exp. (10 salaries)	₹10 L/yr - ₹14.3 L/yr
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Sales & Business Development Key Account Manager Salary 1 - 12 years exp. (7 salaries)	₹9 L/yr - ₹19 L/yr
Product Management Key Account Manager Salary 1 - 11 years exp. (5 salaries)	₹8 L/yr - ₹19.2 L/yr
Finance & Accounting Key Account Manager Salary 1 - 2 years exp. (3 salaries)	₹11.2 L/yr - ₹13 L/yr

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Last Updated: 10 Jan 2025

Companies similar to HDFC Life for Key Account Manager in Mumbai

HDFC Life Key Account Manager Salary

1 - 12 years exp. (63 salaries)

₹7 L/yr - ₹19.2 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Key Account Manager Salary 0 - 7 years exp. (53 salaries)	₹5 L/yr - ₹14.7 L/yr 16% less
SBI Life Insurance Company Key Account Manager Salary 4 - 16 years exp. (4 salaries)	₹8.7 L/yr - ₹14 L/yr 28% less
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Bajaj Allianz Life Insurance Key Account Manager Salary 4 - 6 years exp. (4 salaries)	₹11 L/yr - ₹22 L/yr 6% more
Tata AIA Life Insurance Key Account Manager Salary 0 - 9 years exp. (72 salaries)	₹2 L/yr - ₹5.9 L/yr 68% less	194 job openings
Zomato Key Account Manager Salary 0 - 8 years exp. (116 salaries)	₹5 L/yr - ₹14 L/yr 30% less

Key Account Manager salary at HDFC Life ranges between ₹7 Lakhs to ₹19.2 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 63 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Key Account Manager salaries in Mumbai

Last Updated: 10 Jan 2025

Experience	Avg Annual Salary
1 year (17 salaries)	₹9.8 L/yr - ₹16.1 L/yr
2 years (10 salaries)	₹9 L/yr - ₹16.1 L/yr
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3 years (8 salaries)	₹7 L/yr - ₹17.2 L/yr
4 years (8 salaries)	₹7.5 L/yr - ₹17.2 L/yr
5 years (5 salaries)	₹9.5 L/yr - ₹19.2 L/yr
6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹19 L/yr
7 years (AmbitionBox Estimate)	₹10 L/yr - ₹23.6 L/yr
8 years (AmbitionBox Estimate)	₹11 L/yr - ₹17 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹23.8 L/yr
10 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹24 L/yr
12 years (4 salaries)	₹5.4 L/yr - ₹17.6 L/yr

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From

Key Account Manager

1 - 12 years exp.

Senior Key Account Manager

₹

Lakhs/yr

3 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Life

Senior Corporate Agency Manager Salary

(219 salaries)

₹3 L/yr - ₹5.75 L/yr

Business Development Manager Salary

(191 salaries)

₹1.9 L/yr - ₹5 L/yr

Sales Development Manager Salary

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Manager- Corporate Sales Salary

(106 salaries)

₹3.75 L/yr - ₹12.1 L/yr

Relationship Manager Salary

(97 salaries)

₹2 L/yr - ₹4.5 L/yr

Sales Manager Salary

(90 salaries)

₹2.2 L/yr - ₹7.5 L/yr

Assistant Sales Manager Salary

(50 salaries)

₹3.2 L/yr - ₹5.5 L/yr

Senior Relationship Manager Salary

(27 salaries)

₹2.2 L/yr - ₹4.15 L/yr

Cluster Manager Salary

(26 salaries)

₹6 L/yr - ₹11.46 L/yr

Area Business Manager Salary

(8 salaries)

₹3.27 L/yr - ₹6.4 L/yr

Top skills at HDFC Life for Key Account Manager

Key Account Management Relationship Management Key Accounts Kam Bancassurance channel management Distribution Sales Strategy Sales Planning Life Insurance Key Account Management Corporate Sales Strategic Alliances Partner Management Channel Partners

Salary related reviews for HDFC Life

3.8

Rated by 4 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

Manager- Corporate Sales in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2024

2.0

for Salary and Benefits

Dislikes

All Saturday are working so no work life balance. Saturday Sunday meetings held my management Not easily give leave Sometime if manager is not agree than emp have to mark loss of pay but they not approve leave Zero work life balance

Salary - Poor

+6 more

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

see more salary related reviews

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Top trending discussions

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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 Key Account Manager Salary FAQs

What is the salary of Key Account Manager at HDFC Life Mumbai?

Key Account Manager salary at HDFC Life in Mumbai ranges between ₹7.0 Lakhs to ₹19.2 Lakhs for experience between 1 years to 12 years. According to our estimates it is 42% more than the average Key Account Manager Salary in India. Salary estimates are based on 63 latest salaries received from various employees of HDFC Life Mumbai.

How does the salary of a Key Account Manager at HDFC Life Mumbai compare with the average salary range for this job?

The average salary of a Key Account Manager at HDFC Life is 42% more than the average salary of a Key Account Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Key Account Manager at HDFC Life?

Key Account Management, Relationship Management, Key Accounts, Kam and Bancassurance are some of the popular skills required to work as a Key Account Manager at HDFC Life Mumbai.

Which similar companies are paying more than HDFC Life to a Key Account Manager in Mumbai?

Bajaj Allianz Life Insurance Key Account Manager Salary - ₹11.0 Lakhs to ₹22.0 Lakhs per year

What is the salary of a Key Account Manager in companies similar to HDFC Life in Mumbai?

ICICI Prudential Life Insurance Key Account Manager Salary - ₹5.0 Lakhs to ₹14.7 Lakhs per year
SBI Life Insurance Company Key Account Manager Salary - ₹8.7 Lakhs to ₹14.0 Lakhs per year
Zomato Key Account Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Tata AIA Life Insurance Key Account Manager Salary - ₹2.0 Lakhs to ₹5.9 Lakhs per year

What is the estimated take home salary of a Key Account Manager at HDFC Life in Mumbai?

The estimated take-home salary of a Key Account Manager at HDFC Life ranges between ₹92,407 per month to ₹94,884 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Key Account Manager salary in India which ranges between ₹7.0 Lakhs to ₹19.2 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 Key Account Manager at HDFC Life in Mumbai?

According to AmbitionBox, 83% of the HDFC Life Key Account Managers in Mumbai reported a notice period of 3 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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HDFC Life Key Account Manager Salaries in Mumbai

HDFC Life Key Account Manager salary in Mumbai ranges between ₹7 Lakhs to ₹19.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 63 HDFC Life latest salaries received from various employees of HDFC Life.