HDFC Life Operations Associate Salaries by 10+ Employees (Updated 2024)

1 - 5 years exp.

₹1.8 Lakh - ₹4.5 Lakhs

Salary of majority employees

16% less than the average Operations Associate Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Associate Salary 2 - 5 years exp. (7 salaries)	₹2.8 L/yr - ₹4.5 L/yr
BFSI, Investments & Trading Operations Associate Salary 2 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹3.2 L/yr
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Project & Program Management Operations Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹3.1 L/yr

Last Updated: 14 Dec 2024

Companies similar to HDFC Life for Operations Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Operations Associate Salary 1 - 4 years exp. (32 salaries)	₹2.1 L/yr - ₹3.5 L/yr 4% less
SBI Life Insurance Company Operations Associate Salary 0 - 6 years exp. (109 salaries)	₹1.5 L/yr - ₹5 L/yr 6% less
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Max Life Insurance Operations Associate Salary 2 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹4.1 L/yr 8% less
Kotak Mahindara Life Insurance Operations Associate Salary 1 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹3.5 L/yr 25% less
Bajaj Allianz Life Insurance Operations Associate Salary 5 - 16 years exp. (3 salaries)	₹5 L/yr - ₹23 L/yr 272% more
Aditya Birla Sun Life Insurance Operations Associate Salary 0 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 6% less
PNB MetLife Operations Associate Salary 0 - 19 years exp. (4 salaries)	₹2 L/yr - ₹19 L/yr 119% more
Swiss Re Operations Associate Salary 0 - 5 years exp. (4 salaries)	₹4.8 L/yr - ₹17.8 L/yr 199% more
ICICI Lombard General Insurance Company Operations Associate Salary 1 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹3.5 L/yr 20% less
Kotak Mahindra General Insurance Operations Associate Salary 0 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹2.2 L/yr 36% less
HDFC Ergo General Insurance Operations Associate Salary 0 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹5 L/yr 35% more
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Care Health Insurance Operations Associate Salary 1 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 27% less
Empower Operations Associate Salary 0 - 1 year exp. (3 salaries)	₹3.3 L/yr - ₹4 L/yr 9% more

Operations Associate salary at HDFC Life ranges between ₹1.8 Lakh to ₹4.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 16 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Operations Associate salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.5 L/yr
2 years (6 salaries)	₹1.8 L/yr - ₹4.5 L/yr
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3 years (7 salaries)	₹1.8 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.6 L/yr

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Salary related reviews for HDFC Life

4.9

Rated by 4 employees for salary & benefits

Operations Associate in Varanasi

BFSI, Investments & Trading Department

5.0

• posted on 20 Jul 2021

5.0

for Salary and Benefits

Likes

...supportive and the management is transparent.company gaming arcade for chilling.company policies are good appraisals are fair and they give good salary hike and bonus every year

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow nd no promocation there is a bond of 4 years before which you cannot resign.on the job

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.

Operations Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Nov 2023

1.0

for Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

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 Operations Associate Salary FAQs

What is the salary of Operations Associate at HDFC Life?

Operations Associate salary at HDFC Life in India ranges between ₹1.8 Lakhs to ₹4.5 Lakhs for experience between 1 years to 5 years. According to our estimates it is 16% less than the average Operations Associate Salary in India. Salary estimates are based on 16 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Operations Associate at HDFC Life is 16% less than the average salary of a Operations Associate in India. To know exact salary insights, login to view.

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

Bajaj Allianz Life Insurance Operations Associate Salary - ₹5.0 Lakhs to ₹23.0 Lakhs per year
Swiss Re Operations Associate Salary - ₹4.8 Lakhs to ₹17.8 Lakhs per year
PNB MetLife Operations Associate Salary - ₹2.0 Lakhs to ₹19.0 Lakhs per year
HDFC Ergo General Insurance Operations Associate Salary - ₹3.6 Lakhs to ₹5.0 Lakhs per year
Empower Operations Associate Salary - ₹3.3 Lakhs to ₹4.0 Lakhs per year

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

ICICI Prudential Life Insurance Operations Associate Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year
Aditya Birla Sun Life Insurance Operations Associate Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
SBI Life Insurance Company Operations Associate Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year
Max Life Insurance Operations Associate Salary - ₹2.3 Lakhs to ₹4.1 Lakhs per year
ICICI Lombard General Insurance Company Operations Associate Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Operations Associate at HDFC Life ranges between ₹22,624 per month to ₹24,098 per month in India. The take-home salary calculation is based on the average HDFC Life Operations Associate salary in India which ranges between ₹1.8 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Operations Associate at HDFC Life?

According to AmbitionBox, 42% of the HDFC Life Operations Associates reported a notice period of 2 Months, 37% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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HDFC Life Operations Associate Salaries

HDFC Life Operations Associate salary in India ranges between ₹1.8 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 HDFC Life latest salaries received from various employees of HDFC Life.