HDFC Life Hyderabad / Secunderabad Manager Salaries by 10+ Employees (Updated 2024)

2 - 13 years exp.

₹4.5 Lakhs - ₹14.9 Lakhs

Salary of majority employees

48% less than the average Manager Salary in Insurance Companies for 2 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 4 - 13 years exp. (7 salaries)	₹7 L/yr - ₹13.9 L/yr
Sales & Business Development Manager Salary 4 - 10 years exp. (4 salaries)	₹5.5 L/yr - ₹9.3 L/yr
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Data Science & Analytics Manager Salary 4 - 7 years exp. (3 salaries)	₹8 L/yr - ₹9.8 L/yr
Customer Success, Service & Operations Manager Salary 3 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.9 L/yr
Finance & Accounting Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹9.6 L/yr

Last Updated: 14 Nov 2024

Companies similar to HDFC Life for Manager in Hyderabad / Secunderabad

HDFC Life Manager Salary

2 - 13 years exp. (18 salaries)

₹4.5 L/yr - ₹14.9 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (15 salaries)	₹5.4 L/yr - ₹10 L/yr 15% less
SBI Life Insurance Company Manager Salary 5 - 16 years exp. (14 salaries)	₹4.5 L/yr - ₹17.5 L/yr 15% more
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Max Life Insurance Manager Salary 4 - 15 years exp. (13 salaries)	₹3.7 L/yr - ₹15.5 L/yr 1% more	9 job openings
Tata AIA Life Insurance Manager Salary 4 - 16 years exp. (10 salaries)	₹5.5 L/yr - ₹14.5 L/yr 48% more	19 job openings
Kotak Mahindara Life Insurance Manager Salary 1 - 10 years exp. (22 salaries)	₹3.4 L/yr - ₹5.2 L/yr 41% less	3 job openings
ICICI Lombard General Insurance Company Manager Salary 2 - 15 years exp. (39 salaries)	₹3.4 L/yr - ₹10.7 L/yr 26% less
Shriram Life Insurance Manager Salary 5 - 15 years exp. (26 salaries)	₹4.6 L/yr - ₹15.5 L/yr 6% more
HDFC Ergo General Insurance Manager Salary 4 - 15 years exp. (23 salaries)	₹5 L/yr - ₹13.4 L/yr 8% more
Kotak Mahindra General Insurance Manager Salary 4 - 11 years exp. (9 salaries)	₹5 L/yr - ₹8.8 L/yr 14% less
Aditya Birla Sun Life Insurance Manager Salary 0 - 12 years exp. (5 salaries)	₹6.5 L/yr - ₹11 L/yr 1% more

Manager salary at HDFC Life ranges between ₹4.5 Lakhs to ₹14.9 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 18 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Manager salaries in Hyderabad / Secunderabad

Last Updated: 14 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹12.2 L/yr
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹17.3 L/yr
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4 years (3 salaries)	₹6 L/yr - ₹11.5 L/yr
5 years (AmbitionBox Estimate)	₹8 L/yr - ₹11.5 L/yr
6 years (3 salaries)	₹5 L/yr - ₹14.9 L/yr
7 years (AmbitionBox Estimate)	₹8 L/yr - ₹16 L/yr
8 years (3 salaries)	₹5.5 L/yr - ₹15.7 L/yr
9 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹15.1 L/yr
11 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹14.1 L/yr

View all

From

Manager

₹

Lakhs/yr

1 - 16 years exp.

Chief Manager

₹

Lakhs/yr

5 - 20 years exp.

Manager 1 - 16 years exp.

Senior Manager 2 - 18 years exp.

53% hike

Chief Manager 5 - 20 years exp.

64% 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

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(29 salaries)

₹3 L/yr - ₹10.2 L/yr

Executive Trainee Salary

(28 salaries)

₹3.5 L/yr - ₹5 L/yr

SDM Salary

(22 salaries)

₹2 L/yr - ₹3.25 L/yr

BDM Salary

(5 salaries)

₹3.31 L/yr - ₹3.84 L/yr

Senior Associate Operations Salary

(5 salaries)

₹2.87 L/yr - ₹4.05 L/yr

Sales Executive Salary

(4 salaries)

₹1.8 L/yr - ₹3.27 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

5.0

Rated by 1 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.

Dislikes

Salary and appraisal are below than average.

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.

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.

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.

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

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.

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Life Manager Salary FAQs

What is the salary of Manager at HDFC Life Hyderabad / Secunderabad?

Manager salary at HDFC Life in Hyderabad / Secunderabad ranges between ₹4.5 Lakhs to ₹14.9 Lakhs for experience between 2 years to 13 years. According to our estimates it is 48% less than the average Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of HDFC Life Hyderabad / Secunderabad.

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

The average salary of a Manager at HDFC Life is 48% less than the average salary of a Manager in Hyderabad / Secunderabad. 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 Hyderabad / Secunderabad.

Which similar companies are paying more than HDFC Life to a Manager in Hyderabad / Secunderabad?

Tata AIA Life Insurance Manager Salary - ₹5.5 Lakhs to ₹14.5 Lakhs per year
SBI Life Insurance Company Manager Salary - ₹4.5 Lakhs to ₹17.5 Lakhs per year
HDFC Ergo General Insurance Manager Salary - ₹5.0 Lakhs to ₹13.4 Lakhs per year
Shriram Life Insurance Manager Salary - ₹4.6 Lakhs to ₹15.5 Lakhs per year
Max Life Insurance Manager Salary - ₹3.7 Lakhs to ₹15.5 Lakhs per year

What is the salary of a Manager in companies similar to HDFC Life in Hyderabad / Secunderabad?

Aditya Birla Sun Life Insurance Manager Salary - ₹6.5 Lakhs to ₹11.0 Lakhs per year
Kotak Mahindra General Insurance Manager Salary - ₹5.0 Lakhs to ₹8.8 Lakhs per year
ICICI Prudential Life Insurance Manager Salary - ₹5.4 Lakhs to ₹10.0 Lakhs per year
ICICI Lombard General Insurance Company Manager Salary - ₹3.4 Lakhs to ₹10.7 Lakhs per year
Kotak Mahindara Life Insurance Manager Salary - ₹3.4 Lakhs to ₹5.2 Lakhs per year

What is the estimated take home salary of a Manager at HDFC Life in Hyderabad / Secunderabad?

The estimated take-home salary of a Manager at HDFC Life ranges between ₹63,159 per month to ₹64,766 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average HDFC Life Manager salary in India which ranges between ₹4.5 Lakhs to ₹14.9 Lakhs per year for employees with experience between 2 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Manager at HDFC Life in Hyderabad / Secunderabad?

According to AmbitionBox, 44% of the HDFC Life Managers in Hyderabad / Secunderabad reported a notice period of 15 days or less, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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HDFC Life Manager Salaries in Hyderabad / Secunderabad

HDFC Life Manager salary in Hyderabad / Secunderabad ranges between ₹4.5 Lakhs to ₹14.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 HDFC Life latest salaries received from various employees of HDFC Life.