HDFC Life Mumbai Operations Executive Salaries by 4 Employees (Updated 2025)

4 - 7 years exp.

₹2 Lakhs - ₹3.3 Lakhs

Salary of majority employees

6% less than the average Operations Executive Salary in Insurance Companies for 4 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Executive Salary 4 - 6 years exp. (3 salaries)	₹2 L/yr - ₹3.1 L/yr
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Finance & Accounting Operations Executive Salary 7 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 17 Jan 2024

Companies similar to HDFC Life for Operations Executive in Mumbai

HDFC Life Operations Executive Salary

4 - 7 years exp. (4 salaries)

₹2 L/yr - ₹3.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Operations Executive Salary 1 - 6 years exp. (13 salaries)	₹1.6 L/yr - ₹3.7 L/yr 5% less
SBI Life Insurance Company Operations Executive Salary 6 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹5.5 L/yr 45% more
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Max Life Insurance Operations Executive Salary 0 - 6 years exp. (10 salaries)	₹1.2 L/yr - ₹3.2 L/yr 1% more
Bajaj Allianz Life Insurance Operations Executive Salary 0 - 8 years exp. (3 salaries)	₹2.6 L/yr - ₹3.5 L/yr At par
Tata AIA Life Insurance Operations Executive Salary 3 - 9 years exp. (24 salaries)	₹3 L/yr - ₹6.1 L/yr 61% more
ICICI Lombard General Insurance Company Operations Executive Salary 1 - 8 years exp. (32 salaries)	₹1 L/yr - ₹4.3 L/yr 6% less
HDFC Ergo General Insurance Operations Executive Salary 3 - 8 years exp. (24 salaries)	₹1.8 L/yr - ₹4.1 L/yr 17% more
Kotak Mahindara Life Insurance Operations Executive Salary 1 - 6 years exp. (9 salaries)	₹2.5 L/yr - ₹4.5 L/yr 12% more
Reliance Nippon Life Insurance Operations Executive Salary 1 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 1% less
Aditya Birla Sun Life Insurance Operations Executive Salary 4 - 7 years exp. (3 salaries)	₹2.4 L/yr - ₹3.8 L/yr 5% less
PNB MetLife Operations Executive Salary 2 - 5 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 11% less
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Star Health & Allied Insurance Operations Executive Salary 2 - 9 years exp. (3 salaries)	₹2.4 L/yr - ₹5 L/yr 13% more

Operations Executive salary at HDFC Life ranges between ₹2 Lakhs to ₹3.3 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Operations Executive salaries in Mumbai

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
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6 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.3 L/yr

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Salary related reviews for HDFC Life

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.

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

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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 Operations Executive Salary FAQs

What is the salary of Operations Executive at HDFC Life Mumbai?

Operations Executive salary at HDFC Life in Mumbai ranges between ₹2.0 Lakhs to ₹3.3 Lakhs for experience between 4 years to 7 years. According to our estimates it is 6% less than the average Operations Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Operations Executive at HDFC Life is 6% less than the average salary of a Operations Executive in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Operations Executive in Mumbai?

Tata AIA Life Insurance Operations Executive Salary - ₹3.0 Lakhs to ₹6.1 Lakhs per year
SBI Life Insurance Company Operations Executive Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
HDFC Ergo General Insurance Operations Executive Salary - ₹1.8 Lakhs to ₹4.1 Lakhs per year
Star Health & Allied Insurance Operations Executive Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindara Life Insurance Operations Executive Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Operations Executive in companies similar to HDFC Life in Mumbai?

Max Life Insurance Operations Executive Salary - ₹1.2 Lakhs to ₹3.2 Lakhs per year
Bajaj Allianz Life Insurance Operations Executive Salary - ₹2.6 Lakhs to ₹3.5 Lakhs per year
Reliance Nippon Life Insurance Operations Executive Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
Aditya Birla Sun Life Insurance Operations Executive Salary - ₹2.4 Lakhs to ₹3.8 Lakhs per year
ICICI Prudential Life Insurance Operations Executive Salary - ₹1.6 Lakhs to ₹3.7 Lakhs per year

What is the estimated take home salary of a Operations Executive at HDFC Life in Mumbai?

The estimated take-home salary of a Operations Executive at HDFC Life ranges between ₹20,630 per month to ₹22,284 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Operations Executive salary in India which ranges between ₹2.0 Lakhs to ₹3.3 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Operations Executive at HDFC Life in Mumbai?

According to AmbitionBox, 40% of the HDFC Life Operations Executives in Mumbai reported a notice period of 15 days or less, 40% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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HDFC Life Operations Executive Salaries in Mumbai

HDFC Life Operations Executive salary in Mumbai ranges between ₹2 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.