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Annual salary range
1 - 16 years exp.
₹4.5
Lakhs - ₹15.6
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary44% less than the average Manager Salary in Insurance Companies for 1 - 16 years of experience
Interested in this particular role? 1 job opening
Salaries in different departments
BFSI, Investments & Trading
Manager Salary
1 - 16
years
exp.
(88
salaries)
|  ₹4 L/yr - ₹15.3 L/yr |
Customer Success, Service & Operations
Manager Salary
1 - 16
years
exp.
(49
salaries)
| ₹4.5 L/yr - ₹14 L/yr |
Login to view exact salary
| |
Sales & Business Development
Manager Salary
2 - 16
years
exp.
(48
salaries)
| ₹3.5 L/yr - ₹15.7 L/yr |
Finance & Accounting
Manager Salary
1 - 15
years
exp.
(34
salaries)
| ₹3.8 L/yr - ₹15.1 L/yr |
Project & Program Management
Manager Salary
1 - 12
years
exp.
(29
salaries)
| ₹5.5 L/yr - ₹16.5 L/yr |
View all
Companies similar to HDFC Life for Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Manager Salary
1 - 13 years exp. (287 salaries) | ₹3.4 L/yr - ₹12.4 L/yr 
13%
less | |
 SBI Life Insurance Company Manager Salary
3 - 20 years exp. (301 salaries) | ₹4.5 L/yr - ₹17 L/yr 
14%
more | |
Login to view exact salary
| ||
 Max Life Insurance Manager Salary
5 - 15 years exp. (268 salaries) | ₹3.7 L/yr - ₹14 L/yr
6%
less | 18 job openings |
 Tata AIA Life Insurance Manager Salary
4 - 18 years exp. (222 salaries) | ₹6.3 L/yr - ₹22 L/yr
55%
more | 10 job openings |
 Bajaj Allianz Life Insurance Manager Salary
3 - 18 years exp. (186 salaries) | ₹5.1 L/yr - ₹22 L/yr
42%
more | 1 job opening |
 Kotak Mahindara Life Insurance Manager Salary
0 - 12 years exp. (567 salaries) | ₹2.8 L/yr - ₹8.5 L/yr
40%
less | |
 Reliance Nippon Life Insurance Manager Salary
2 - 16 years exp. (123 salaries) | ₹2.8 L/yr - ₹11 L/yr
30%
less | |
 Aviva Life Insurance India Manager Salary
3 - 14 years exp. (54 salaries) | ₹7 L/yr - ₹17.6 L/yr
19%
more | |
 Bharti AXA Life Insurance Manager Salary
3 - 16 years exp. (119 salaries) | ₹4.9 L/yr - ₹17.4 L/yr
21%
more | |
 PNB MetLife Manager Salary
5 - 17 years exp. (79 salaries) | ₹4 L/yr - ₹15.5 L/yr
10%
more | 4 job openings |
View all
Manager salary at HDFC Life ranges between ₹4.5
Lakhs
to ₹15.6
Lakhs
per year for employees with experience between 1 year to 16 years. Salary
estimates are based on
417 latest salaries received
from various employees of HDFC Life.
Latest annual salaries shared by HDFC Life Manager
3d ago
5
years
exp.
6d ago
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years
exp.
6d ago
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years
exp.
1w ago
15
years
exp.
1w ago
15
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exp.
2w ago
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years
exp.
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years
exp.
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years
exp.
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exp.
2w ago
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exp.
Experience wise HDFC Life Manager salaries
Last Updated: 14 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| 1 year (17 salaries) |
₹5.1
L/yr
- ₹15
L/yr
|
| 2 years (41 salaries) |
₹4.5
L/yr
- ₹16
L/yr
|
Login to view exact salary
| |
| 3 years (45 salaries) |
₹4.5
L/yr
- ₹17.5
L/yr
|
| 4 years (37 salaries) |
₹4.3
L/yr
- ₹16.7
L/yr
|
| 5 years (32 salaries) |
₹4.5
L/yr
- ₹15.7
L/yr
|
View all
HDFC Life Manager
Salary and Career Growth
From
To
Manager
₹
Lakhs/yr
Lakhs/yr
1 - 16 years exp.
Chief Manager
₹
Lakhs/yr
Lakhs/yr
5 - 20 years exp.
Manager
1 -
16
years
exp.
Senior Manager
2 -
18
years
exp.
55% hike
Chief Manager
5 -
20
years
exp.
68% hike
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
Top skills at HDFC Life for Manager
Project Management
Life Insurance
Process Re - engineering
Sales Strategy
Sales
Salary related reviews for HDFC Life
Discover interview dos and don'ts from real experiences
Top trending discussions
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
Got a question about HDFC Life?
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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 ₹15.6 Lakhs for experience between 1 years to 16 years. According to our estimates it is 44% less than the average Manager Salary in India. Salary estimates are based on 417 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 Insurance Broking Manager Salary - ₹11.4 Lakhs to ₹21.0 Lakhs per year
- The Oriental Insurance Co. Manager Salary - ₹5.8 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 - ₹6.3 Lakhs to ₹22.0 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 ₹65,524 per month to ₹67,196 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 ₹15.6 Lakhs per year for employees with experience between 1 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, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 350 responses on AmbitionBox in last 2 years.
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HDFC Life Manager salary
in
India
ranges between ₹4.5
Lakhs to ₹15.6
Lakhs with an average annual salary of
₹. Salary estimates are based on
417
HDFC Life latest salaries received from various employees of
HDFC Life.