Average annual salary for most employees Fixed vs. variable pay breakdown Estimated monthly take-home salary52% less than the average Manager Salary in Insurance Companies for 2 - 15 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Manager Salary
2 - 14
years
exp.
(10
salaries)
|  ₹7.2 L/yr - ₹13 L/yr |
Customer Success, Service & Operations
Manager Salary
6 - 15
years
exp.
(6
salaries)
| ₹6 L/yr - ₹12.4 L/yr |
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| |
Sales & Business Development
Manager Salary
3 - 8
years
exp.
(5
salaries)
| ₹6.9 L/yr - ₹8.4 L/yr |
Finance & Accounting
Manager Salary
2 - 12
years
exp.
(4
salaries)
| ₹3.8 L/yr - ₹9 L/yr |
Data Science & Analytics
Manager Salary
9 - 14
years
exp.
(3
salaries)
| ₹7.3 L/yr - ₹9.5 L/yr |
Companies similar to HDFC Life for Manager in Bangalore / Bengaluru
HDFC Life
Manager Salary
2 - 15 years exp. (45 salaries) |  ₹3.6 L/yr - ₹14.4 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Kotak Mahindara Life Insurance Manager Salary
0 - 11 years exp. (57 salaries) | ₹3 L/yr - ₹7.5 L/yr 
36%
less | |
 AIG Manager Salary
5 - 15 years exp. (35 salaries) | ₹9 L/yr - ₹22 L/yr 
94%
more | |
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| ||
 HDFC Ergo General Insurance Manager Salary
4 - 14 years exp. (25 salaries) | ₹5.5 L/yr - ₹12.4 L/yr
10%
more | |
 Empower Manager Salary
9 - 15 years exp. (23 salaries) | ₹12.3 L/yr - ₹32 L/yr
135%
more | |
 ICICI Prudential Life Insurance Manager Salary
1 - 12 years exp. (15 salaries) | ₹3.5 L/yr - ₹12 L/yr
9%
less | |
 Tata AIA Life Insurance Manager Salary
4 - 17 years exp. (13 salaries) | ₹6 L/yr - ₹21.7 L/yr
71%
more | 2 job openings |
 ICICI Lombard General Insurance Company Manager Salary
2 - 13 years exp. (13 salaries) | ₹5.5 L/yr - ₹12.1 L/yr
17%
less | |
 Bajaj Allianz Life Insurance Manager Salary
3 - 18 years exp. (11 salaries) | ₹5.4 L/yr - ₹19 L/yr
44%
more | |
 SBI Life Insurance Company Manager Salary
3 - 20 years exp. (11 salaries) | ₹5.2 L/yr - ₹13 L/yr
25%
more | |
 Reliance Nippon Life Insurance Manager Salary
3 - 15 years exp. (5 salaries) | ₹5 L/yr - ₹8.4 L/yr
26%
less | |
 AXA Manager Salary
6 years exp. (5 salaries) | ₹52 L/yr - ₹85 L/yr
621%
more | |
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| ||
 Axis Max Life Insurance Manager Salary
7 - 13 years exp. (4 salaries) | ₹5.1 L/yr - ₹8.6 L/yr
6%
less | 6 job openings |
 Swiss Re Manager Salary
7 - 22 years exp. (4 salaries) | ₹13.6 L/yr - ₹21 L/yr
120%
more | 1 job opening |
 Gallagher Manager Salary
7 - 11 years exp. (3 salaries) | ₹8.9 L/yr - ₹13.4 L/yr
47%
more | |
 Kotak Mahindra General Insurance Manager Salary
6 - 11 years exp. (3 salaries) | ₹5 L/yr - ₹7.3 L/yr
13%
less | |
Latest annual salaries shared by HDFC Life Manager in Bangalore / Bengaluru
Experience wise HDFC Life Manager salaries in Bangalore / Bengaluru
Last Updated: 18 Feb 2025
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹3.8
L/yr
- ₹15.5
L/yr
|
| 3 years (3 salaries) |
₹3.6
L/yr
- ₹16.1
L/yr
|
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| |
| 4 years (AmbitionBox Estimate) |
₹3.8
L/yr
- ₹15.9
L/yr
|
| 5 years (3 salaries) |
₹8
L/yr
- ₹13.5
L/yr
|
| 6 years (8 salaries) |
₹6.5
L/yr
- ₹14
L/yr
|
From
To
Manager
2 - 16 years exp.
Senior Manager
2 - 20 years exp.
Similar Designation salaries in HDFC Life
Top skills at HDFC Life for Manager
Salary related reviews for HDFC Life
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Top trending discussions
HDFC Life Manager Salary FAQs
The top 10% of Manager in Bangalore / Bengaluru at HDFC Life earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹15.8 Lakhs per year. 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 40+ HDFC Life employees in India.
- - Project Management
- - Life Insurance
- - Process Re - engineering
- - Sales Strategy
- - Sales
These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.
| AXA | ₹52.0 Lakhs to ₹85.0 Lakhs per year |
| Empower | ₹12.3 Lakhs to ₹32.0 Lakhs per year |
| Swiss Re | ₹13.6 Lakhs to ₹21.0 Lakhs per year |
| AIG | ₹9.0 Lakhs to ₹22.0 Lakhs per year |
| Tata AIA Life Insurance | ₹6.0 Lakhs to ₹21.7 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.
| Gallagher | ₹8.9 Lakhs to ₹13.4 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹5.4 Lakhs to ₹19.0 Lakhs per year |
| SBI Life Insurance Company | ₹5.2 Lakhs to ₹13.0 Lakhs per year |
| HDFC Ergo General Insurance | ₹5.5 Lakhs to ₹12.4 Lakhs per year |
| Axis Max Life Insurance | ₹5.1 Lakhs to ₹8.6 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.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹3.8 Lakhs to ₹15.5 Lakhs per year |
| 3 years | ₹3.6 Lakhs to ₹16.1 Lakhs per year |
| 4 years | ₹3.8 Lakhs to ₹15.9 Lakhs per year |
| 5 years | ₹8.0 Lakhs to ₹13.5 Lakhs per year |
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- HDFC Life Manager Salaries in Bangalore / Bengaluru
HDFC Life Manager salary
in
Bangalore / Bengaluru
ranges between ₹3.6
Lakhs to ₹14.4
Lakhs with an average annual salary of
₹. Salary estimates are based on
45
HDFC Life latest salaries received from various employees of
HDFC Life.