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

35% 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. (14 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 - ₹18.6 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 - ₹12 L/yr

View all

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. (60 salaries)

₹7 L/yr - ₹19.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Key Account Manager Salary 0 - 9 years exp. (75 salaries)	₹2.7 L/yr - ₹5.9 L/yr 66% less	75 job openings
ICICI Prudential Life Insurance Key Account Manager Salary 0 - 7 years exp. (57 salaries)	₹5 L/yr - ₹16 L/yr 8% less
Login to view exact salary
Bajaj Allianz Life Insurance Key Account Manager Salary 4 - 6 years exp. (4 salaries)	₹11 L/yr - ₹22 L/yr 23% more
SBI Life Insurance Company Key Account Manager Salary 4 - 16 years exp. (4 salaries)	₹8.4 L/yr - ₹14 L/yr 26% less
SBI General Insurance Key Account Manager Salary 0 - 2 years exp. (3 salaries)	₹6 L/yr - ₹9.3 L/yr 29% less	1 job opening

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 60 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 (16 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 (7 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)	₹11.2 L/yr - ₹14.3 L/yr
7 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
8 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.5 L/yr
9 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
10 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
11 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
12 years (4 salaries)	₹5.1 L/yr - ₹17.6 L/yr

View all

From

Key Account Manager

1 - 12 years exp.

Senior Key Account Manager

2 - 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.

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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

Sales Manager in Cuttack

Full Time

CSR & Social Service Department

4.0

• posted on 23 Mar 2025

2.0

for Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

Salary - Poor

Senior Corporate Agency Manager in Tirunelveli

Full Time

Sales & Business Development Department

4.0

• posted on 28 Feb 2025

3.0

for Salary and Benefits

Likes

In HDFC Life There is time to work life balance. There is no more such pressure about Targets (Depends upon L1 Manager). The brand value is easy to convert among competitors.

Job security - Excellent

+3 more

Dislikes

Salary is very low which is mentioned in payslip. Even HR also didn't know about employees salary. HR department is very week and they didn't care about employees. Very worst department in HDFC LIFE.

Business Development Manager in Bijnor

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.

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.

Salary - Bad

+4 more

Senior Corporate Agency Manager in Bareilly

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Feb 2025

4.0

for Salary and Benefits

Likes

Salary credited process is very good Working culture is Average good

Salary - Good

+1 more

Dislikes

HR is very irresponsible or no one Hr's not responding any reply by call or emails, they ignoring all employees calls, messages and emails...

Job security - Poor

+1 more

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Life Key Account Manager Salary FAQs

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

The average salary of a Key Account Manager at HDFC Life in Mumbai typically ranges from ₹7.0 Lakhs to ₹19.2 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Key Account Manager in Mumbai at HDFC Life earn more than ₹16.6 Lakhs per year, and the top 1% earn over ₹19.2 Lakhs per year. Key Account Manager 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 60+ HDFC Life employees in India.

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 in Mumbai typically ranges from ₹88,614 to ₹90,940 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹19.2 Lakhs per year for employees with experience ranging from 1 year to 12 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 60+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Key Account Manager at HDFC Life in Mumbai?

To be a Key Account Manager at HDFC Life in Mumbai, the key skills required include:

- Key Account Management
- Relationship Management
- Key Accounts
- Kam
- Bancassurance

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Life for Key Account Manager in India?

Bajaj Allianz Life Insurance

₹11.0 Lakhs to ₹22.0 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 Key Account Manager in companies similar to HDFC Life in Mumbai?

The salary of a Key Account Manager at companies similar to HDFC Life in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance	₹5.0 Lakhs to ₹16.0 Lakhs per year
SBI Life Insurance Company	₹8.4 Lakhs to ₹14.0 Lakhs per year
SBI General Insurance	₹6.0 Lakhs to ₹9.3 Lakhs per year
Tata AIA Life Insurance	₹2.7 Lakhs to ₹5.9 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 Key Account Manager at HDFC Life in Mumbai?

The salary growth for a Key Account Manager at HDFC Life in Mumbai depends on factors such as experience, performance, and promotions. On average, a Key Account Manager in Mumbai can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
1 year	₹9.8 Lakhs to ₹16.1 Lakhs per year
2 years	₹9.0 Lakhs to ₹16.1 Lakhs per year
3 years	₹7.0 Lakhs to ₹17.2 Lakhs per year
4 years	₹7.5 Lakhs to ₹17.2 Lakhs per year

and so on.

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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 60 HDFC Life latest salaries received from various employees of HDFC Life.