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HDFC Life

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4.0

based on 8.8k Reviews

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HDFC Life Product Manager salaries in Mumbai

Annual salary range
2 - 8 years exp.
₹7.5 Lakhs - ₹20 Lakhs
Salary of majority employees
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40% less than the average Product Manager Salary in Insurance Companies for 2 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Product Management
Product Manager Salary
2 - 7 years exp. (25 salaries)
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₹7.5 L/yr - ₹20 L/yr

Project & Program Management
Product Manager Salary
3 - 8 years exp. (6 salaries)
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₹11.5 L/yr - ₹14.9 L/yr

BFSI, Investments & Trading
Product Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹10.7 L/yr - ₹12.7 L/yr

Engineering - Software & QA
Product Manager Salary
5 - 7 years exp. (AmbitionBox Estimate)
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₹11 L/yr - ₹12.8 L/yr

Finance & Accounting
Product Manager Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹12.8 L/yr - ₹15 L/yr

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Last Updated: 29 Nov 2024

Companies similar to HDFC Life for Product Manager in Mumbai

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HDFC Life Product Manager Salary

2 - 8 years exp. (60 salaries)
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₹7.5 L/yr - ₹20 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Prudential Life Insurance Product Manager Salary

0 - 5 years exp. (29 salaries)
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₹6.3 L/yr - ₹19 L/yr

arrow icon 20% more
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SBI Life Insurance Company Product Manager Salary

2 - 6 years exp. (15 salaries)
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₹7.8 L/yr - ₹13.6 L/yr

arrow icon 15% less
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Tata AIA Life Insurance Product Manager Salary

5 - 10 years exp. (8 salaries)
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₹9 L/yr - ₹19.4 L/yr

arrow icon 26% more
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ICICI Lombard General Insurance Company Product Manager Salary

0 - 7 years exp. (200 salaries)
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₹6 L/yr - ₹22.4 L/yr

arrow icon 7% more
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Kotak Mahindara Life Insurance Product Manager Salary

1 - 8 years exp. (22 salaries)
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₹7.7 L/yr - ₹29 L/yr

arrow icon 54% more
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HDFC Ergo General Insurance Product Manager Salary

0 - 3 years exp. (19 salaries)
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₹13 L/yr - ₹19 L/yr

arrow icon 27% more
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Aditya Birla Sun Life Insurance Product Manager Salary

1 - 6 years exp. (6 salaries)
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₹10 L/yr - ₹16 L/yr

arrow icon 23% more
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Reliance Nippon Life Insurance Product Manager Salary

5 - 7 years exp. (5 salaries)
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₹6 L/yr - ₹15 L/yr

arrow icon 5% less
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Kotak Mahindra General Insurance Product Manager Salary

4 - 8 years exp. (3 salaries)
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₹7.2 L/yr - ₹21 L/yr

arrow icon 9% more
Product Manager salary at HDFC Life ranges between ₹7.5 Lakhs to ₹20 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 60 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Product Manager in Mumbai

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Experience wise HDFC Life Product Manager salaries in Mumbai

Last Updated: 29 Nov 2024

Experience Avg Annual Salary
2 years  (3 salaries)

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₹7.5 L/yr - ₹13 L/yr
3 years  (11 salaries)

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₹7.5 L/yr - ₹20 L/yr
4 years  (17 salaries)

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₹8.8 L/yr - ₹20 L/yr
5 years  (12 salaries)

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₹9 L/yr - ₹17.8 L/yr
6 years  (9 salaries)

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₹11 L/yr - ₹18.2 L/yr
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Similar Designation salaries in HDFC Life

Deputy Manager Salary
(429 salaries)
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₹3.5 L/yr - ₹14.4 L/yr
Senior Product Manager Salary
(36 salaries)
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₹13 L/yr - ₹33 L/yr
Project Manager Salary
(16 salaries)
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₹6.56 L/yr - ₹16.5 L/yr
Lead Product Manager Salary
(6 salaries)
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₹12 L/yr - ₹30 L/yr
Senior Project Manager Salary
(6 salaries)
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₹8.8 L/yr - ₹22.6 L/yr
Digital Product Manager Salary
(3 salaries)
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₹21 L/yr - ₹30 L/yr

Top skills at HDFC Life for Product Manager

Product Management Market Research Project Management Product Development Analytical Data Analysis Artificial Intelligence Product Conceptualization

Salary related reviews for HDFC Life

1.4

Rated by 3 employees for salary & benefits

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

read more
  • Salary - Bad
    +5 more

Deputy Manager in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 07 Aug 2023
2.0
 for  Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

read more
  • Salary - Poor
    +3 more

Lead Product Manager in Mumbai

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 09 Jul 2023
3.0
 for  Salary and Benefits

Likes

Salary on time Job security

  • Job security - Good
    +1 more

Dislikes

1. Management don't have idea what they want 2. No clarity of work 3. People sitting here from 10 years think they owns the company 4. No supportive colleagues 5. Way of working is not great 6. Lot of internal politics

read more
  • Skill development - Poor
    +2 more

Deputy Manager in Lower Parel, Mumbai

Full Time

 · 

Information Technology Department

4.0
  •  posted on 30 Dec 2022
3.0
 for  Salary and Benefits

Likes

Too much pressure, however bigger companies have huge responsibility and always be at top to maintain the market standards and rank

read more
  • Skill development - Excellent
    +1 more

Dislikes

No promotion even after getting good appraisals. Salary can be improvised

read more
  • Promotions - Poor
    +1 more

Deputy Manager in Bangalore / Bengaluru

Non sales Department

4.0
  •  posted on 08 Nov 2018
3.0
 for  Salary and Benefits

Likes

I have lucky enough to have good bosses for having a good work life balance, with 4yrs old kid, this is main thing which is helping me move on being a non sales staff

read more
  • Work satisfaction - Excellent
    +1 more

Dislikes

Still people resign because of bosses at sales team majorly not because of company or salary,

read more
  • Skill development - Bad
    +2 more
see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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HDFC Life Product Manager Salary FAQs

What is the salary of Product Manager at HDFC Life Mumbai?
Product Manager salary at HDFC Life in Mumbai ranges between ₹7.5 Lakhs to ₹20.0 Lakhs for experience between 2 years to 8 years. According to our estimates it is 40% less than the average Product Manager Salary in India. Salary estimates are based on 60 latest salaries received from various employees of HDFC Life Mumbai.
How does the salary of a Product Manager at HDFC Life Mumbai compare with the average salary range for this job?
The average salary of a Product Manager at HDFC Life is 40% less than the average salary of a Product Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Product Manager at HDFC Life?
Product Management, Market Research, Project Management, Product Development and Analytical are some of the popular skills required to work as a Product Manager at HDFC Life Mumbai.
Which similar companies are paying more than HDFC Life to a Product Manager in Mumbai?
  • Kotak Mahindara Life Insurance Product Manager Salary - ₹7.7 Lakhs to ₹29.0 Lakhs per year
  • HDFC Ergo General Insurance Product Manager Salary - ₹13.0 Lakhs to ₹19.0 Lakhs per year
  • Tata AIA Life Insurance Product Manager Salary - ₹9.0 Lakhs to ₹19.4 Lakhs per year
  • Aditya Birla Sun Life Insurance Product Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
  • ICICI Prudential Life Insurance Product Manager Salary - ₹6.3 Lakhs to ₹19.0 Lakhs per year
What is the salary of a Product Manager in companies similar to HDFC Life in Mumbai?
  • Kotak Mahindra General Insurance Product Manager Salary - ₹7.2 Lakhs to ₹21.0 Lakhs per year
  • ICICI Lombard General Insurance Company Product Manager Salary - ₹6.0 Lakhs to ₹22.4 Lakhs per year
  • Reliance Nippon Life Insurance Product Manager Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
  • SBI Life Insurance Company Product Manager Salary - ₹7.8 Lakhs to ₹13.6 Lakhs per year
What is the estimated take home salary of a Product Manager at HDFC Life in Mumbai?
The estimated take-home salary of a Product Manager at HDFC Life ranges between ₹87,449 per month to ₹89,743 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Product Manager salary in India which ranges between ₹7.5 Lakhs to ₹20.0 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Product Manager at HDFC Life in Mumbai?
According to AmbitionBox, 42% of the HDFC Life Product Managers in Mumbai reported a notice period of 3 Months, 32% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Product Manager salary in Mumbai ranges between ₹7.5 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 60 HDFC Life latest salaries received from various employees of HDFC Life.