HDFC Life Program Manager Salaries by 4 Employees

1 - 22 years exp.

₹12 Lakhs - ₹25 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Program Manager Salary in Insurance Companies for 1 - 22 years of experience

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Salaries in different departments

Product Management Program Manager Salary 3 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr
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Project & Program Management Program Manager Salary 22 years exp. (AmbitionBox Estimate)	₹22.5 L/yr - ₹27.5 L/yr

Last Updated: 16 Mar 2023

Companies similar to HDFC Life for Program Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Program Manager Salary 1 - 10 years exp. (20 salaries)	₹6.6 L/yr - ₹24 L/yr 10% less
Tata AIA Life Insurance Program Manager Salary 1 - 18 years exp. (14 salaries)	₹10 L/yr - ₹24.6 L/yr 7% more
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Axis Max Life Insurance Program Manager Salary 3 - 12 years exp. (13 salaries)	₹6.2 L/yr - ₹25.1 L/yr 4% less
Aditya Birla Sun Life Insurance Program Manager Salary 1 - 5 years exp. (7 salaries)	₹8.5 L/yr - ₹20 L/yr 27% less
HDFC Ergo General Insurance Program Manager Salary 4 - 18 years exp. (5 salaries)	₹11.4 L/yr - ₹38 L/yr 58% more
Star Health & Allied Insurance Program Manager Salary 4 - 12 years exp. (4 salaries)	₹11.5 L/yr - ₹19.5 L/yr 5% less
ICICI Prudential Life Insurance Program Manager Salary 0 - 4 years exp. (3 salaries)	₹6.5 L/yr - ₹18 L/yr 10% less
Reliance Nippon Life Insurance Program Manager Salary 14 - 15 years exp. (3 salaries)	₹8.1 L/yr - ₹18.2 L/yr 28% less
ICICI Lombard General Insurance Company Program Manager Salary 2 - 19 years exp. (3 salaries)	₹8 L/yr - ₹22.5 L/yr 19% less
SBI Life Insurance Company Program Manager Salary 10 - 20 years exp. (3 salaries)	₹12.2 L/yr - ₹20 L/yr 4% more
AXA Program Manager Salary 6 - 8 years exp. (3 salaries)	₹12 L/yr - ₹14 L/yr 20% less
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Kotak Mahindara Life Insurance Program Manager Salary 2 - 6 years exp. (3 salaries)	₹4.4 L/yr - ₹7 L/yr 62% less
AIG Program Manager Salary 11 - 14 years exp. (3 salaries)	₹12 L/yr - ₹25 L/yr 31% more

Program Manager salary at HDFC Life ranges between ₹12 Lakhs to ₹25 Lakhs per year for employees with experience between 1 year to 22 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Program Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
3 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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4 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
15+ years (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr

Similar Designation salaries in HDFC Life

Project Manager Salary

(19 salaries)

₹6.56 L/yr - ₹18 L/yr

Product Manager Salary

(77 salaries)

₹7.5 L/yr - ₹20 L/yr

Senior Program Manager Salary

(3 salaries)

₹16 L/yr - ₹18 L/yr

Scrum Master Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Technical Manager Salary

(3 salaries)

₹15 L/yr - ₹19.5 L/yr

Delivery Manager Salary

(AmbitionBox Estimate)

₹21.4 L/yr - ₹27.4 L/yr

Technical Program Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Senior Project Manager Salary

(6 salaries)

₹8.8 L/yr - ₹22.6 L/yr

Director Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Business Analyst Salary

(69 salaries)

₹3.2 L/yr - ₹12 L/yr

Top skills at HDFC Life for Program Manager

Program Management Direct Sales Sales Marketing Campaigns PMO Campaign Analytics Strategic Planning Distribution Insurance Campaign Management Sales Strategy Web Technologies Technical Program Management Functional Testing Agile Coaching

Salary related reviews for HDFC Life

Sales Manager in Cuttack

Full Time

CSR & Social Service Department

4.0

• posted on 23 Mar 2025

2.0

for Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

Salary - Poor

Corporate Agency Manager in Karnal

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 13 Mar 2025

3.0

for Salary and Benefits

Likes

Job security is the thing which i can say is good. Working culture is somewhat good.

Skill development - Good

+3 more

Dislikes

Salary hike is not so good like 4 to 5 percent annually only. There is no skill development options, you have to go in the morning and come back at the evening and this happens daily nothing new.

Sr.CAM in New Delhi

Full Time

Other Department

5.0

• posted on 02 Mar 2025

5.0

for Salary and Benefits

Likes

HDFC Life is known for its supportive work culture, career growth opportunities, competitive pay, job security, and decent work-life balance.

Salary - Excellent

+6 more

Dislikes

The login process should be more seamless to ensure minimal disruption for customers, providing a smoother and more efficient experience.

Senior Corporate Agency Manager in Tirunelveli

Full Time

Sales & Business Development Department

4.0

• posted on 28 Feb 2025

3.0

for Salary and Benefits

Likes

In HDFC Life There is time to work life balance. There is no more such pressure about Targets (Depends upon L1 Manager). The brand value is easy to convert among competitors.

Job security - Excellent

+3 more

Dislikes

Salary is very low which is mentioned in payslip. Even HR also didn't know about employees salary. HR department is very week and they didn't care about employees. Very worst department in HDFC LIFE.

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

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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 Program Manager Salary FAQs

What is the salary of Program Manager at HDFC Life ?

The average salary of a Program Manager at HDFC Life in India typically ranges from ₹12.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 1 year to 22 years).

The top 10% of Program Manager at HDFC Life earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Program 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 4 HDFC Life employees in India.

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

The estimated take-home salary of a Program Manager at HDFC Life in India typically ranges from ₹1,07,924 to ₹1,10,901 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 1 year to 22 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 4 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 Program Manager at HDFC Life ?

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

- Program Management
- Direct Sales
- Sales
- Marketing Campaigns
- PMO

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 Program Manager in India?

HDFC Ergo General Insurance	₹11.4 Lakhs to ₹38.0 Lakhs per year
AIG	₹12.0 Lakhs to ₹25.0 Lakhs per year
Tata AIA Life Insurance	₹10.0 Lakhs to ₹24.6 Lakhs per year
SBI Life Insurance Company	₹12.2 Lakhs to ₹20.0 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 Program Manager in companies similar to HDFC Life in India?

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

Axis Max Life Insurance	₹6.2 Lakhs to ₹25.1 Lakhs per year
Star Health & Allied Insurance	₹11.5 Lakhs to ₹19.5 Lakhs per year
Bajaj Allianz Life Insurance	₹6.6 Lakhs to ₹24.0 Lakhs per year
ICICI Prudential Life Insurance	₹6.5 Lakhs to ₹18.0 Lakhs per year
ICICI Lombard General Insurance Company	₹8.0 Lakhs to ₹22.5 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 Program Manager at HDFC Life in India?

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

Experience	Average Salary Range
1 year	₹12.6 Lakhs to ₹16.1 Lakhs per year
3 years	₹10.8 Lakhs to ₹13.8 Lakhs per year
4 years	₹10.8 Lakhs to ₹13.8 Lakhs per year
15 years	₹22.5 Lakhs to ₹28.8 Lakhs per year

and so on.

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HDFC Life Program Manager Salaries

HDFC Life Program Manager salary in India ranges between ₹12 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Program Manager salaries in India

Companies similar to HDFC Life for Program Manager

Latest annual salaries shared by HDFC Life Program Manager

Experience wise HDFC Life Program Manager salaries

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Program Manager

Salary related reviews for HDFC Life

Sales Manager in Cuttack

Corporate Agency Manager in Karnal

Sr.CAM in New Delhi

Senior Corporate Agency Manager in Tirunelveli

Business Development Manager in Bijnor

HDFC Life Program Manager Salary FAQs

Tell us how to improve this page.