HDFC Life Risk Manager Salaries by 4 Employees (Updated 2025)

15 - 17 years exp.

₹11 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

Fixed (91%)

₹11.5 Lakhs

Variable (9%)

₹1.2 Lakh

At par with the average Risk Manager Salary in Insurance Companies for 15 - 17 years of experience

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Salaries in different departments

Finance & Accounting Risk Manager Salary 15 - 17 years exp. (AmbitionBox Estimate)	₹12.8 L/yr - ₹12.8 L/yr
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Risk Management & Compliance Risk Manager Salary 16 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.1 L/yr

Last Updated: 15 Feb 2025

Companies similar to HDFC Life for Risk Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Risk Manager Salary 9 - 14 years exp. (6 salaries)	₹5.6 L/yr - ₹8.6 L/yr 41% less
SBI Life Insurance Company Risk Manager Salary 4 - 12 years exp. (8 salaries)	₹9.4 L/yr - ₹21 L/yr 6% more
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Aditya Birla Sun Life Insurance Risk Manager Salary 5 - 11 years exp. (5 salaries)	₹9 L/yr - ₹15 L/yr 18% less
ICICI Lombard General Insurance Company Risk Manager Salary 0 - 9 years exp. (7 salaries)	₹7 L/yr - ₹15 L/yr 11% less
SBI General Insurance Risk Manager Salary 0 - 12 years exp. (4 salaries)	₹11 L/yr - ₹13 L/yr 5% less

Risk Manager salary at HDFC Life ranges between ₹11 Lakhs to ₹15 Lakhs per year for employees with experience between 15 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Risk Manager salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
15+ years (4 salaries)	₹11 L/yr - ₹15 L/yr
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Top skills at HDFC Life for Risk Manager

Ca Branch Banking Risk Management Follow Ups Compliance Account Opening Team Management Market Risk Fraud Management Financial Risk Management Sales Events Banking VAR FRM

Salary related reviews for HDFC Life

3.0

Rated by 3 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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Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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HDFC Life Risk Manager Salary FAQs

What is the salary of Risk Manager at HDFC Life?

Risk Manager salary at HDFC Life in India ranges between ₹11.0 Lakhs to ₹15.0 Lakhs for experience between 15 years to 17 years. According to our estimates it is 1% more than the average Risk Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Risk Manager at HDFC Life is 1% more than the average salary of a Risk Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Risk Manager at HDFC Life?

Ca, Branch Banking, Risk Management, Follow Ups and Compliance are some of the popular skills required to work as a Risk Manager at HDFC Life India.

Which similar companies are paying more than HDFC Life to a Risk Manager in India?

SBI Life Insurance Company Risk Manager Salary - ₹9.4 Lakhs to ₹21.0 Lakhs per year

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

SBI General Insurance Risk Manager Salary - ₹11.0 Lakhs to ₹13.0 Lakhs per year
ICICI Lombard General Insurance Company Risk Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Sun Life Insurance Risk Manager Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
ICICI Prudential Life Insurance Risk Manager Salary - ₹5.6 Lakhs to ₹8.6 Lakhs per year

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

The estimated take-home salary of a Risk Manager at HDFC Life ranges between ₹89,939 per month to ₹92,303 per month in India. The take-home salary calculation is based on the average HDFC Life Risk Manager salary in India which ranges between ₹11.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 15 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Risk Manager at HDFC Life?

According to AmbitionBox, 100% of the HDFC Life Risk Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Life Risk Manager Salaries

HDFC Life Risk Manager salary in India ranges between ₹11 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.