HDFC Life Process Associate Salaries by 20+ Employees

0 - 4 years exp.

₹1.5 Lakh - ₹3.1 Lakhs

Salary of majority employees

30% less than the average Process Associate Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Process Associate Salary 1 - 3 years exp. (7 salaries)	₹1.5 L/yr - ₹3 L/yr
Customer Success, Service & Operations Process Associate Salary 1 - 4 years exp. (7 salaries)	₹1.9 L/yr - ₹2.6 L/yr
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Finance & Accounting Process Associate Salary 0 - 3 years exp. (7 salaries)	₹2 L/yr - ₹2.5 L/yr
Data Science & Analytics Process Associate Salary 0 - 3 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3.1 L/yr

Last Updated: 27 Dec 2024

Companies similar to HDFC Life for Process Associate

Company name	Avg Annual Salary	Open Jobs
Gallagher Process Associate Salary 0 - 4 years exp. (1.3k salaries)	₹1.1 L/yr - ₹6 L/yr 36% more
Axis Max Life Insurance Process Associate Salary 0 - 6 years exp. (15 salaries)	₹2 L/yr - ₹3.3 L/yr 18% more
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SBI Life Insurance Company Process Associate Salary 1 - 5 years exp. (12 salaries)	₹1.2 L/yr - ₹3.5 L/yr 14% more
ICICI Prudential Life Insurance Process Associate Salary 0 - 6 years exp. (10 salaries)	₹2.5 L/yr - ₹6 L/yr 70% more
Shriram Life Insurance Process Associate Salary 0 - 5 years exp. (10 salaries)	₹1.5 L/yr - ₹2.5 L/yr 7% less
ICICI Lombard General Insurance Company Process Associate Salary 0 - 6 years exp. (9 salaries)	₹2.2 L/yr - ₹3 L/yr 15% more
HDFC Ergo General Insurance Process Associate Salary 1 - 6 years exp. (7 salaries)	₹2.6 L/yr - ₹5 L/yr 45% more
Empower Process Associate Salary 2 - 4 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr 73% more
Allianz Process Associate Salary 2 - 8 years exp. (6 salaries)	₹3.5 L/yr - ₹4.2 L/yr 77% more
AIG Process Associate Salary 1 - 5 years exp. (6 salaries)	₹3 L/yr - ₹4.5 L/yr 67% more
Swiss Re Process Associate Salary 2 - 11 years exp. (5 salaries)	₹3.8 L/yr - ₹8.4 L/yr 188% more
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Aditya Birla Sun Life Insurance Process Associate Salary 1 - 4 years exp. (5 salaries)	₹2.6 L/yr - ₹4.7 L/yr 64% more
Bajaj Allianz Life Insurance Process Associate Salary 4 - 9 years exp. (5 salaries)	₹1.2 L/yr - ₹3.2 L/yr 6% less
AXA Process Associate Salary 0 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 63% more
Kotak Mahindara Life Insurance Process Associate Salary 2 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹4 L/yr 7% more
XL Catlin Process Associate Salary 2 years exp. (3 salaries)	₹3.5 L/yr - ₹4.8 L/yr 63% more
Star Health & Allied Insurance Process Associate Salary 0 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹3.2 L/yr 25% more

Process Associate salary at HDFC Life ranges between ₹1.5 Lakh to ₹3.1 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 26 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Process Associate salaries

Last Updated: 27 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
1 year (7 salaries)	₹1.5 L/yr - ₹2.6 L/yr
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2 years (8 salaries)	₹2 L/yr - ₹2.5 L/yr
3 years (7 salaries)	₹2 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Similar Designation salaries in HDFC Life

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(775 salaries)

₹1.05 L/yr - ₹4.6 L/yr

Senior Process Associate Salary

(8 salaries)

₹2.25 L/yr - ₹3.8 L/yr

Account Assistant Salary

(3 salaries)

₹1.35 L/yr - ₹2.23 L/yr

Senior Analyst Salary

(6 salaries)

₹3.5 L/yr - ₹4.6 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Accountant Salary

(4 salaries)

₹1.8 L/yr - ₹2.57 L/yr

Finance Executive Salary

(14 salaries)

₹1.6 L/yr - ₹3.5 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Accounting Staff Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Financial Analyst Salary

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₹2.4 L/yr - ₹7.45 L/yr

Salary related reviews for HDFC Life

1.0

Rated by 1 employees for salary & benefits

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.

Skill development - Excellent

+2 more

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.

Promotions - Poor

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.

Salary - Bad

+6 more

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

Salary - Bad

+6 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

Senior Associate in Ghaziabad

Branch Operations Department

3.0

• posted on 02 Aug 2022

1.0

for Salary and Benefits

Likes

...omplete your assigned task. And it is achievable if proper direction provided. Salary will be on time always no delay.

Job security - Excellent

+1 more

Dislikes

...ay of the month you will have to do work from home and do the revival calling. In branch operations 80% is sales and 20% is operations work but salary will be according to operations.

Salary - Bad

+1 more

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HDFC Life Process Associate Salary FAQs

What is the salary of Process Associate at HDFC Life ?

The average salary of a Process Associate at HDFC Life in India typically ranges from ₹1.5 Lakhs to ₹3.1 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Process Associate at HDFC Life earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Process Associate 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 20+ HDFC Life employees in India.

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

The estimated take-home salary of a Process Associate at HDFC Life in India typically ranges from ₹15,225 to ₹16,812 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from Fresher to 4 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 20+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Life for Process Associate in India?

Swiss Re	₹3.8 Lakhs to ₹8.4 Lakhs per year
Allianz	₹3.5 Lakhs to ₹4.2 Lakhs per year
Empower	₹3.0 Lakhs to ₹5.0 Lakhs per year
ICICI Prudential Life Insurance	₹2.5 Lakhs to ₹6.0 Lakhs per year
AIG	₹3.0 Lakhs to ₹4.5 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 Process Associate in companies similar to HDFC Life in India?

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

Aditya Birla Sun Life Insurance	₹2.6 Lakhs to ₹4.7 Lakhs per year
AXA	₹3.0 Lakhs to ₹4.5 Lakhs per year
XL Catlin	₹3.5 Lakhs to ₹4.8 Lakhs per year
HDFC Ergo General Insurance	₹2.6 Lakhs to ₹5.0 Lakhs per year
Gallagher	₹1.1 Lakhs to ₹6.0 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 Process Associate at HDFC Life in India?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.0 Lakhs per year
1 year	₹1.5 Lakhs to ₹2.6 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
3 years	₹2.0 Lakhs to ₹3.1 Lakhs per year

and so on.

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HDFC Life Process Associate Salaries

HDFC Life Process Associate salary in India ranges between ₹1.5 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 HDFC Life latest salaries received from various employees of HDFC Life.