HDFC Life Operations Manager Salaries by 30+ Employees (Updated 2025)

1 - 17 years exp.

₹1.5 Lakh - ₹10.4 Lakhs

Salary of majority employees

Fixed (91%)

₹5.2 Lakhs

Variable (9%)

₹0.5 Lakh

48% less than the average Operations Manager Salary in Insurance Companies for 1 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Manager Salary 2 - 17 years exp. (14 salaries)	₹2.5 L/yr - ₹9.6 L/yr
Customer Success, Service & Operations Operations Manager Salary 1 - 17 years exp. (10 salaries)	₹2.5 L/yr - ₹9.6 L/yr
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Finance & Accounting Operations Manager Salary 3 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹8 L/yr
Marketing & Communication Operations Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.4 L/yr

Last Updated: 28 Jan 2025

Companies similar to HDFC Life for Operations Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Operations Manager Salary 1 - 11 years exp. (298 salaries)	₹1.8 L/yr - ₹9 L/yr 21% less
Axis Max Life Insurance Operations Manager Salary 1 - 16 years exp. (49 salaries)	₹2.2 L/yr - ₹11 L/yr 6% more
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ICICI Prudential Life Insurance Operations Manager Salary 1 - 15 years exp. (43 salaries)	₹1.5 L/yr - ₹7.5 L/yr 25% less
SBI Life Insurance Company Operations Manager Salary 6 - 18 years exp. (44 salaries)	₹3.6 L/yr - ₹13 L/yr 42% more
Kotak Mahindara Life Insurance Operations Manager Salary 1 - 13 years exp. (40 salaries)	₹2.7 L/yr - ₹9 L/yr 15% less
Tata AIA Life Insurance Operations Manager Salary 0 - 18 years exp. (21 salaries)	₹6.5 L/yr - ₹15.6 L/yr 106% more
HDFC Ergo General Insurance Operations Manager Salary 6 - 14 years exp. (20 salaries)	₹2.3 L/yr - ₹9.6 L/yr 1% less
Empower Operations Manager Salary 9 - 15 years exp. (16 salaries)	₹11.2 L/yr - ₹22 L/yr 184% more
Bajaj Allianz Life Insurance Operations Manager Salary 4 - 19 years exp. (17 salaries)	₹3.5 L/yr - ₹15 L/yr 48% more
Reliance Nippon Life Insurance Operations Manager Salary 5 - 16 years exp. (10 salaries)	₹2.9 L/yr - ₹3.9 L/yr 38% less
PNB MetLife Operations Manager Salary 8 - 17 years exp. (9 salaries)	₹5.5 L/yr - ₹11.2 L/yr 16% more
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Shriram Life Insurance Operations Manager Salary 3 - 10 years exp. (6 salaries)	₹2.6 L/yr - ₹10.1 L/yr 3% less
SBI General Insurance Operations Manager Salary 2 - 16 years exp. (5 salaries)	₹3.8 L/yr - ₹6.3 L/yr 25% less
Aditya Birla Sun Life Insurance Operations Manager Salary 12 - 17 years exp. (5 salaries)	₹3.4 L/yr - ₹7.3 L/yr 17% less
Kotak Mahindra General Insurance Operations Manager Salary 1 - 11 years exp. (5 salaries)	₹2.2 L/yr - ₹5.4 L/yr 21% less
Gallagher Operations Manager Salary 16 - 19 years exp. (4 salaries)	₹15.9 L/yr - ₹21.3 L/yr 228% more
Life Insurance Corporation of India Operations Manager Salary 1 - 7 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 63% less
Allianz Operations Manager Salary 9 - 15 years exp. (4 salaries)	₹8 L/yr - ₹23 L/yr 136% more
AIG Operations Manager Salary 9 - 14 years exp. (4 salaries)	₹15 L/yr - ₹16 L/yr 168% more

Operations Manager salary at HDFC Life ranges between ₹1.5 Lakh to ₹10.4 Lakhs per year for employees with experience between 1 year to 17 years. Salary estimates are based on 38 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Operations Manager salaries

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹6.8 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.3 L/yr
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3 years (3 salaries)	₹2.5 L/yr - ₹7.7 L/yr
4 years (4 salaries)	₹2.5 L/yr - ₹8.1 L/yr
5 years (3 salaries)	₹3.5 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
10 years (3 salaries)	₹2.4 L/yr - ₹10.7 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.5 L/yr
12 years (3 salaries)	₹4.2 L/yr - ₹8.1 L/yr
13 years (3 salaries)	₹2.7 L/yr - ₹10.3 L/yr
14 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹12.4 L/yr
15+ years (9 salaries)	₹5.5 L/yr - ₹11.6 L/yr

View all

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Top skills at HDFC Life for Operations Manager

Operations Reinsurance Process Management Policy Servicing New Business

Salary related reviews for HDFC Life

2.6

Rated by 13 employees for salary & benefits

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".

Job security - Excellent

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.

Salary - Bad

+4 more

Business Development Manager in Bijnor

Full Time

Marketing & Communication Department

5.0

• posted on 10 Feb 2025

1.0

for Salary and Benefits

Likes

Hello team m Rishabh Rastogi from HDFC LIFE Bijnor Branch, there is a lot of pressure here for work and HDFC Life is a very good brand but there are no facilities for the employees in the office.

Work-life balance - Excellent

Dislikes

Here the calculation is less Here the salary is very high as compared to low and the facilities are also very less, the promotions target is very high and there are many parameters.

Salary - Bad

+4 more

Business Development Manager in Vasai-Virar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 May 2024

3.0

for Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

Work satisfaction - Bad

+2 more

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.

Salary - Poor

+4 more

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.

Job security - Good

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

Salary - Bad

+5 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Life Operations Manager Salary FAQs

What is the salary of Operations Manager at HDFC Life ?

The average salary of a Operations Manager at HDFC Life in India typically ranges from ₹1.5 Lakhs to ₹10.4 Lakhs per year, depending on experience (from 1 year to 17 years).

The top 10% of Operations Manager at HDFC Life earn more than ₹10.4 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Operations 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 30+ HDFC Life employees in India.

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

The estimated take-home salary of a Operations Manager at HDFC Life in India typically ranges from ₹43,112 to ₹44,231 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹10.4 Lakhs per year for employees with experience ranging from 1 year to 17 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Operations Manager at HDFC Life ?

To be a Operations Manager at HDFC Life in india, the key skills required include:

- Operations
- Reinsurance
- Process Management
- Policy Servicing
- New Business

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Life for Operations Manager in India?

Gallagher	₹15.9 Lakhs to ₹21.3 Lakhs per year
Empower	₹11.2 Lakhs to ₹22.0 Lakhs per year
AIG	₹15.0 Lakhs to ₹16.0 Lakhs per year
Allianz	₹8.0 Lakhs to ₹23.0 Lakhs per year
Tata AIA Life Insurance	₹6.5 Lakhs to ₹15.6 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.

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

The salary of a Operations Manager at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance	₹3.5 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company	₹3.6 Lakhs to ₹13.0 Lakhs per year
PNB MetLife	₹5.5 Lakhs to ₹11.2 Lakhs per year
Axis Max Life Insurance	₹2.2 Lakhs to ₹11.0 Lakhs per year
HDFC Ergo General Insurance	₹2.3 Lakhs to ₹9.6 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.

How the salary growth look like for a Operations Manager at HDFC Life in India?

The salary growth for a Operations Manager at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
1 year	₹1.5 Lakhs to ₹6.8 Lakhs per year
2 years	₹3.0 Lakhs to ₹7.3 Lakhs per year
3 years	₹2.5 Lakhs to ₹7.7 Lakhs per year
4 years	₹2.5 Lakhs to ₹8.1 Lakhs per year

and so on.

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HDFC Life Operations Manager Salaries

HDFC Life Operations Manager salary in India ranges between ₹1.5 Lakh to ₹10.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 38 HDFC Life latest salaries received from various employees of HDFC Life.