HDFC Life Pune Manager Salaries by 20+ Employees (Updated 2025)

2 - 12 years exp.

₹4.5 Lakhs - ₹13.8 Lakhs

Salary of majority employees

51% less than the average Manager Salary in Insurance Companies for 2 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Manager Salary 5 - 10 years exp. (6 salaries)	₹4.9 L/yr - ₹13.2 L/yr
Customer Success, Service & Operations Manager Salary 4 - 12 years exp. (4 salaries)	₹5.3 L/yr - ₹11.8 L/yr
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BFSI, Investments & Trading Manager Salary 6 - 8 years exp. (3 salaries)	₹5 L/yr - ₹9.2 L/yr
Data Science & Analytics Manager Salary 2 - 7 years exp. (3 salaries)	₹4.5 L/yr - ₹9.8 L/yr
Project & Program Management Manager Salary 4 - 10 years exp. (3 salaries)	₹7.8 L/yr - ₹15.7 L/yr

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Last Updated: 14 Dec 2024

Companies similar to HDFC Life for Manager in Pune

HDFC Life Manager Salary

2 - 12 years exp. (25 salaries)

₹4.5 L/yr - ₹13.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Manager Salary 1 - 12 years exp. (23 salaries)	₹4.2 L/yr - ₹13 L/yr 5% less
SBI Life Insurance Company Manager Salary 11 - 16 years exp. (4 salaries)	₹7.2 L/yr - ₹15 L/yr 31% more
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Max Life Insurance Manager Salary 5 - 12 years exp. (5 salaries)	₹7.6 L/yr - ₹12 L/yr 9% more	18 job openings
Bajaj Allianz Life Insurance Manager Salary 3 - 18 years exp. (95 salaries)	₹7.1 L/yr - ₹23 L/yr 80% more	1 job opening
Kotak Mahindara Life Insurance Manager Salary 0 - 9 years exp. (27 salaries)	₹3 L/yr - ₹6 L/yr 38% less
Bharti AXA Life Insurance Manager Salary 3 - 13 years exp. (8 salaries)	₹4.8 L/yr - ₹11.4 L/yr 22% more
HDFC Ergo General Insurance Manager Salary 5 - 16 years exp. (27 salaries)	₹5 L/yr - ₹14 L/yr 23% more
Aditya Birla Sun Life Insurance Manager Salary 1 - 11 years exp. (6 salaries)	₹6 L/yr - ₹13.5 L/yr 9% more
Care Health Insurance Manager Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹6.9 L/yr 45% less	2 job openings
ICICI Lombard General Insurance Company Manager Salary 6 - 10 years exp. (3 salaries)	₹6.3 L/yr - ₹10.9 L/yr 8% less

Manager salary at HDFC Life ranges between ₹4.5 Lakhs to ₹13.8 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 25 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Manager salaries in Pune

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹16.9 L/yr
3 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
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4 years (3 salaries)	₹3.6 L/yr - ₹15.7 L/yr
5 years (4 salaries)	₹4.5 L/yr - ₹15.7 L/yr
6 years (7 salaries)	₹6.5 L/yr - ₹14 L/yr
7 years (3 salaries)	₹4.9 L/yr - ₹9.8 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹15 L/yr
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹13.2 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹12.7 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹14.1 L/yr
12 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹13.8 L/yr

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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.

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

Deputy Manager Salary

(16 salaries)

₹4.5 L/yr - ₹11.3 L/yr

Management Trainee Salary

(5 salaries)

₹4.75 L/yr - ₹10 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

3.0

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

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?

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HDFC Life Manager Salary FAQs

What is the salary of Manager at HDFC Life Pune?

Manager salary at HDFC Life in Pune ranges between ₹4.5 Lakhs to ₹13.8 Lakhs for experience between 2 years to 12 years. According to our estimates it is 51% less than the average Manager Salary in India. Salary estimates are based on 25 latest salaries received from various employees of HDFC Life Pune.

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

The average salary of a Manager at HDFC Life is 51% less than the average salary of a Manager in Pune. 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 Pune.

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

Bajaj Allianz Life Insurance Manager Salary - ₹7.1 Lakhs to ₹23.0 Lakhs per year
SBI Life Insurance Company Manager Salary - ₹7.2 Lakhs to ₹15.0 Lakhs per year
HDFC Ergo General Insurance Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Bharti AXA Life Insurance Manager Salary - ₹4.8 Lakhs to ₹11.4 Lakhs per year
Aditya Birla Sun Life Insurance Manager Salary - ₹6.0 Lakhs to ₹13.5 Lakhs per year

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

Max Life Insurance Manager Salary - ₹7.6 Lakhs to ₹12.0 Lakhs per year
ICICI Prudential Life Insurance Manager Salary - ₹4.2 Lakhs to ₹13.0 Lakhs per year
ICICI Lombard General Insurance Company Manager Salary - ₹6.3 Lakhs to ₹10.9 Lakhs per year
Kotak Mahindara Life Insurance Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
Care Health Insurance Manager Salary - ₹2.5 Lakhs to ₹6.9 Lakhs per year

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

The estimated take-home salary of a Manager at HDFC Life ranges between ₹60,830 per month to ₹62,370 per month in Pune. The take-home salary calculation is based on the average HDFC Life Manager salary in India which ranges between ₹4.5 Lakhs to ₹13.8 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Manager at HDFC Life in Pune?

According to AmbitionBox, 44% of the HDFC Life Managers in Pune reported a notice period of 1 Month, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Manager salary in Pune ranges between ₹4.5 Lakhs to ₹13.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 HDFC Life latest salaries received from various employees of HDFC Life.