HDFC Life Renewal Executive Salaries by 5 Employees (Updated 2025)

1 - 3 years exp.

₹0.6 Lakh - ₹4.2 Lakhs

Low Confidence

Salary of majority employees

12% less than the average Renewal Executive Salary in Insurance Companies for 1 - 3 years of experience

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Last Updated: 30 Dec 2024

Companies similar to HDFC Life for Renewal Executive

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Renewal Executive Salary 1 - 4 years exp. (5 salaries)	₹1 L/yr - ₹2 L/yr 41% less
HDFC Ergo General Insurance Renewal Executive Salary 1 - 6 years exp. (34 salaries)	₹1.2 L/yr - ₹5 L/yr 1% more
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Star Health & Allied Insurance Renewal Executive Salary 0 - 5 years exp. (26 salaries)	₹1.8 L/yr - ₹4.3 L/yr 8% more
SBI General Insurance Renewal Executive Salary 2 - 6 years exp. (7 salaries)	₹2.9 L/yr - ₹4.2 L/yr 40% more
Shriram Life Insurance Renewal Executive Salary 0 - 3 years exp. (5 salaries)	₹1.9 L/yr - ₹2.4 L/yr 16% less
ICICI Lombard General Insurance Company Renewal Executive Salary 1 - 4 years exp. (4 salaries)	₹1.4 L/yr - ₹2 L/yr 32% less

Renewal Executive salary at HDFC Life ranges between ₹0.6 Lakh to ₹4.2 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Renewal Executive salaries

Last Updated: 30 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.6 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹1 L/yr - ₹3.4 L/yr
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3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.2 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.

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

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

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

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

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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HDFC Life Renewal Executive Salary FAQs

What is the salary of Renewal Executive at HDFC Life?

Renewal Executive salary at HDFC Life in India ranges between ₹0.6 Lakhs to ₹4.2 Lakhs for experience between 1 years to 3 years. According to our estimates it is 12% less than the average Renewal Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Renewal Executive at HDFC Life is 12% less than the average salary of a Renewal Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Renewal Executive in India?

SBI General Insurance Renewal Executive Salary - ₹2.9 Lakhs to ₹4.2 Lakhs per year
Star Health & Allied Insurance Renewal Executive Salary - ₹1.8 Lakhs to ₹4.3 Lakhs per year
HDFC Ergo General Insurance Renewal Executive Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Renewal Executive in companies similar to HDFC Life in India?

Shriram Life Insurance Renewal Executive Salary - ₹1.9 Lakhs to ₹2.4 Lakhs per year
ICICI Lombard General Insurance Company Renewal Executive Salary - ₹1.4 Lakhs to ₹2.0 Lakhs per year
Bajaj Allianz Life Insurance Renewal Executive Salary - ₹1.0 Lakhs to ₹2.0 Lakhs per year

What is the estimated take home salary of a Renewal Executive at HDFC Life in India?

The estimated take-home salary of a Renewal Executive at HDFC Life ranges between ₹18,189 per month to ₹19,879 per month in India. The take-home salary calculation is based on the average HDFC Life Renewal Executive salary in India which ranges between ₹0.6 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Renewal Executive at HDFC Life?

According to AmbitionBox, 67% of the HDFC Life Renewal Executives reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Life Renewal Executive Salaries

HDFC Life Renewal Executive salary in India ranges between ₹0.6 Lakh to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Life latest salaries received from various employees of HDFC Life.