HDFC Life Manager Salaries by 400+ Employees (Updated 2025)

2 - 16 years exp.

₹4.5 Lakhs - ₹15.7 Lakhs

Salary of majority employees

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44% less than the average Manager Salary in Insurance Companies for 2 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 2 - 16 years exp. (87 salaries)	Unlock ₹4 L/yr - ₹14.7 L/yr
Sales & Business Development Manager Salary 2 - 16 years exp. (49 salaries)	Unlock ₹3.5 L/yr - ₹14.5 L/yr
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Customer Success, Service & Operations Manager Salary 2 - 16 years exp. (44 salaries)	Unlock ₹4.5 L/yr - ₹14 L/yr
Finance & Accounting Manager Salary 2 - 15 years exp. (28 salaries)	Unlock ₹5 L/yr - ₹15.1 L/yr
Project & Program Management Manager Salary 2 - 12 years exp. (28 salaries)	Unlock ₹5.5 L/yr - ₹19 L/yr

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Last Updated: 5 Mar 2025

Companies similar to HDFC Life for Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (284 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 14% less
SBI Life Insurance Company Manager Salary 3 - 20 years exp. (270 salaries)	Unlock ₹5.2 L/yr - ₹18 L/yr 22% more
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Axis Max Life Insurance Manager Salary 5 - 15 years exp. (271 salaries)	Unlock ₹3.6 L/yr - ₹15.4 L/yr 6% less	8 job openings
Tata AIA Life Insurance Manager Salary 4 - 18 years exp. (241 salaries)	Unlock ₹6.5 L/yr - ₹25.6 L/yr 58% more	3 job openings
Bajaj Allianz Life Insurance Manager Salary 3 - 18 years exp. (177 salaries)	Unlock ₹5.9 L/yr - ₹22 L/yr 45% more
Kotak Mahindara Life Insurance Manager Salary 0 - 12 years exp. (563 salaries)	Unlock ₹2.4 L/yr - ₹8.5 L/yr 42% less
Reliance Nippon Life Insurance Manager Salary 2 - 18 years exp. (127 salaries)	Unlock ₹2.8 L/yr - ₹10.4 L/yr 36% less
Aviva Life Insurance India Manager Salary 3 - 14 years exp. (54 salaries)	Unlock ₹7 L/yr - ₹17.6 L/yr 23% more
Bharti AXA Life Insurance Manager Salary 3 - 16 years exp. (114 salaries)	Unlock ₹5 L/yr - ₹17.4 L/yr 21% more
PNB MetLife Manager Salary 6 - 17 years exp. (76 salaries)	Unlock ₹4.8 L/yr - ₹15.5 L/yr 13% more	2 job openings

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Manager salary at HDFC Life ranges between ₹4.5 Lakhs to ₹15.7 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 463 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Manager

2d ago

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10 years exp.

1w ago

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10 years exp.

1w ago

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10 years exp.

2w ago

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6 years exp.

2w ago

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10 years exp.

2w ago

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9 years exp.

2w ago

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16 years exp.

2w ago

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6 years exp.

2w ago

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5 years exp.

2w ago

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8 years exp.

Experience wise HDFC Life Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
2 years (43 salaries)	Unlock ₹8.6 L/yr - ₹16 L/yr
3 years (47 salaries)	Unlock ₹4.5 L/yr - ₹17.5 L/yr
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4 years (44 salaries)	Unlock ₹5.8 L/yr - ₹16.7 L/yr
5 years (42 salaries)	Unlock ₹4 L/yr - ₹16.6 L/yr
6 years (52 salaries)	Unlock ₹4.5 L/yr - ₹15 L/yr
7 years (30 salaries)	Unlock ₹4.8 L/yr - ₹15.8 L/yr
8 years (42 salaries)	Unlock ₹5 L/yr - ₹15 L/yr
9 years (24 salaries)	Unlock ₹4.7 L/yr - ₹15.1 L/yr
10 years (37 salaries)	Unlock ₹4 L/yr - ₹14 L/yr
11 years (23 salaries)	Unlock ₹4.5 L/yr - ₹15 L/yr
12 years (31 salaries)	Unlock ₹5.5 L/yr - ₹12.6 L/yr
13 years (16 salaries)	Unlock ₹4 L/yr - ₹13.7 L/yr
14 years (14 salaries)	Unlock ₹6 L/yr - ₹13.5 L/yr
15+ years (18 salaries)	Unlock ₹5.5 L/yr - ₹14 L/yr

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From

Manager

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2 - 16 years exp.

Senior Manager

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₹

Lakhs/yr

2 - 18 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

Audit Manager Salary

(10 salaries)

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₹15.6 L/yr - ₹15.6 L/yr

Credit Manager Salary

(4 salaries)

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₹4.2 L/yr - ₹9.5 L/yr

Deputy Manager Salary

(821 salaries)

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₹3.5 L/yr - ₹12.5 L/yr

Finance Manager Salary

(10 salaries)

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₹2.5 L/yr - ₹4.5 L/yr

Management Trainee Salary

(143 salaries)

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₹4.75 L/yr - ₹15 L/yr

Senior Analyst Salary

(6 salaries)

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₹3.5 L/yr - ₹4.6 L/yr

Senior Associate Salary

(743 salaries)

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₹1.1 L/yr - ₹4.6 L/yr

Financial Analyst Salary

(12 salaries)

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₹2.4 L/yr - ₹7.45 L/yr

Audit Executive Salary

(AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr

Associate Director Salary

(AmbitionBox Estimate)

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₹22.5 L/yr - ₹28.7 L/yr

Top skills at HDFC Life for Manager

Project Management Life Insurance Process Re - engineering Sales Strategy Sales

Salary related reviews for HDFC Life

3.3

Rated by 70 employees for salary & benefits

Manager in Mumbai

Full Time

Human Resources Department

4.0

• posted on 23 Feb 2023

2.0

for Salary and Benefits

Likes

...so sharing my experience. Good environment until you are not in notice period. Salary on time. Job security. Work from home.

Job security - Excellent

+1 more

Dislikes

Salary and appraisal are below than average.

Salary - Poor

+1 more

Senior Associate in Machilipatnam

Full Time

Other Department

4.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

Skill development - Excellent

+2 more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

Promotions - Poor

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

Salary - Bad

+6 more

Senior Associate in Patna

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Low salary structure Unwanted work pressure Dirty politics Zero growth if you're not a politician in the company Non recognition of your good work No incentives even after having huge targets Manual rating system of employees, you will be judged by your amount of buttering not by your performance. Overall very bad work culture

Salary - Bad

+6 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

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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HDFC Life Manager Salary FAQs

What is the salary of Manager at HDFC Life?

Manager salary at HDFC Life in India ranges between ₹4.5 Lakhs to ₹15.7 Lakhs for experience between 2 years to 16 years. According to our estimates it is 44% less than the average Manager Salary in India. Salary estimates are based on 463 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Manager at HDFC Life is 44% less than the average salary of a Manager in India. To know exact salary insights, login to view.

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

Project Management, Life Insurance, Process Re - engineering, Sales Strategy and Sales are some of the popular skills required to work as a Manager at HDFC Life India.

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

AXA Manager Salary - ₹15.0 Lakhs to ₹34.5 Lakhs per year
XL Catlin Manager Salary - ₹13.0 Lakhs to ₹27.0 Lakhs per year
United India Insurance Company Manager Salary - ₹10.0 Lakhs to ₹26.0 Lakhs per year
Empower Manager Salary - ₹12.3 Lakhs to ₹32.0 Lakhs per year
Swiss Re Manager Salary - ₹13.6 Lakhs to ₹21.0 Lakhs per year

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

Maruti Suzuki Insurance Broking Manager Salary - ₹11.4 Lakhs to ₹22.0 Lakhs per year
The Oriental Insurance Co. Manager Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
AIG Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
Tata AIA Life Insurance Manager Salary - ₹6.5 Lakhs to ₹25.6 Lakhs per year
Gallagher Manager Salary - ₹8.9 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a Manager at HDFC Life ranges between ₹66,750 per month to ₹68,458 per month in India. The take-home salary calculation is based on the average HDFC Life Manager salary in India which ranges between ₹4.5 Lakhs to ₹15.7 Lakhs per year for employees with experience between 2 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Manager at HDFC Life?

According to AmbitionBox, 48% of the HDFC Life Managers reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 342 responses on AmbitionBox in last 2 years.

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HDFC Life Manager Salaries by Location

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HDFC Life Manager Salaries

HDFC Life Manager salary in India ranges between ₹4.5 Lakhs to ₹15.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 463 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Manager salaries in India (Updated 2025)

Companies similar to HDFC Life for Manager

Latest annual salaries shared by HDFC Life Manager

Experience wise HDFC Life Manager salaries

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Manager

Salary related reviews for HDFC Life

Manager in Mumbai

Senior Associate in Machilipatnam

Senior Associate in Mumbai

Senior Associate in Patna

Deputy Manager in Mumbai

HDFC Life Manager Salary FAQs

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HDFC Life Manager Salaries by Location