HDFC Life Senior Area Manager Salaries by 4 Employees

9 - 12 years exp.

₹3.5 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

51% less than the average Senior Area Manager Salary in Insurance Companies for 9 - 12 years of experience

Interested in this particular role?

Last Updated: 26 Oct 2024

Companies similar to HDFC Life for Senior Area Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Area Manager Salary 4 - 18 years exp. (6 salaries)	₹6.5 L/yr - ₹16 L/yr 62% more
SBI Life Insurance Company Senior Area Manager Salary 12 - 21 years exp. (122 salaries)	₹9.1 L/yr - ₹21 L/yr 121% more
Login to view exact salary
Max Life Insurance Senior Area Manager Salary 12 - 17 years exp. (45 salaries)	₹8 L/yr - ₹20 L/yr 126% more
Bajaj Allianz Life Insurance Senior Area Manager Salary 6 - 17 years exp. (315 salaries)	₹6.3 L/yr - ₹14 L/yr 59% more
Reliance Nippon Life Insurance Senior Area Manager Salary 0 - 13 years exp. (7 salaries)	₹3 L/yr - ₹8.2 L/yr 26% less
Tata AIA Life Insurance Senior Area Manager Salary 9 - 18 years exp. (19 salaries)	₹10 L/yr - ₹21 L/yr 129% more
Aditya Birla Sun Life Insurance Senior Area Manager Salary 10 - 15 years exp. (4 salaries)	₹7.1 L/yr - ₹8.6 L/yr 22% more
PNB MetLife Senior Area Manager Salary 13 - 17 years exp. (5 salaries)	₹7.5 L/yr - ₹9 L/yr 37% more
Star Health & Allied Insurance Senior Area Manager Salary 15 - 22 years exp. (8 salaries)	₹17.5 L/yr - ₹24 L/yr 235% more
Shriram Life Insurance Senior Area Manager Salary 3 - 4 years exp. (3 salaries)	₹4.7 L/yr - ₹6 L/yr 18% less
HDFC Ergo General Insurance Senior Area Manager Salary 7 - 12 years exp. (3 salaries)	₹7.1 L/yr - ₹9.7 L/yr 32% more
Login to view exact salary

Senior Area Manager salary at HDFC Life ranges between ₹3.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Area Manager salaries

Last Updated: 26 Oct 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹8.5 L/yr
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹10.5 L/yr
12 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.8 L/yr

Similar Designation salaries in HDFC Life

Senior Sales Manager Salary

(221 salaries)

₹2.3 L/yr - ₹8.5 L/yr

Senior Area Sales Manager Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Area Manager Salary

(31 salaries)

₹7.71 L/yr - ₹19 L/yr

Regional Manager Salary

(18 salaries)

₹11.5 L/yr - ₹35.2 L/yr

Territory Sales Manager Salary

(16 salaries)

₹3.94 L/yr - ₹16 L/yr

Senior Sales Officer Salary

(14 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Territory Manager Salary

(150 salaries)

₹11.32 L/yr - ₹21 L/yr

Sales Manager Salary

(704 salaries)

₹1.55 L/yr - ₹7.5 L/yr

Branch Manager Salary

(261 salaries)

₹5.25 L/yr - ₹12.5 L/yr

Area Sales Manager Salary

(42 salaries)

₹2 L/yr - ₹8 L/yr

Salary related reviews for HDFC Life

5.0

Rated by 1 employees for salary & benefits

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

Business Development Manager in Vasai-Virar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 May 2024

3.0

for Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

Work satisfaction - Bad

+2 more

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Oct 2023

3.0

for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

Skill development - Poor

+5 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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

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

Got a question about HDFC Life?

Ask anonymously on communities.

HDFC Life Senior Area Manager Salary FAQs

What is the salary of Senior Area Manager at HDFC Life ?

The average salary of a Senior Area Manager at HDFC Life in India typically ranges from ₹3.5 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 9 years to 12 years).

The top 10% of Senior Area Manager at HDFC Life earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Senior Area 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 Senior Area Manager at HDFC Life in India?

The estimated take-home salary of a Senior Area Manager at HDFC Life in India typically ranges from ₹48,556 to ₹49,705 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 9 years to 12 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.

Which companies offer higher salaries than HDFC Life for Senior Area Manager in India?

Star Health & Allied Insurance	₹17.5 Lakhs to ₹24.0 Lakhs per year
Tata AIA Life Insurance	₹10.0 Lakhs to ₹21.0 Lakhs per year
Max Life Insurance	₹8.0 Lakhs to ₹20.0 Lakhs per year
SBI Life Insurance Company	₹9.1 Lakhs to ₹21.0 Lakhs per year
ICICI Prudential Life Insurance	₹6.5 Lakhs to ₹16.0 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 Senior Area Manager in companies similar to HDFC Life in India?

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

Bajaj Allianz Life Insurance	₹6.3 Lakhs to ₹14.0 Lakhs per year
PNB MetLife	₹7.5 Lakhs to ₹9.0 Lakhs per year
HDFC Ergo General Insurance	₹7.1 Lakhs to ₹9.7 Lakhs per year
Aditya Birla Sun Life Insurance	₹7.1 Lakhs to ₹8.6 Lakhs per year
Shriram Life Insurance	₹4.7 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 Senior Area Manager at HDFC Life in India?

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

Experience	Average Salary Range
9 years	₹2.6 Lakhs to ₹8.5 Lakhs per year
10 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
11 years	₹3.5 Lakhs to ₹10.5 Lakhs per year
12 years	₹4.0 Lakhs to ₹9.8 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
HDFC Life Salaries >
HDFC Life Senior Area Manager Salaries

HDFC Life Senior Area Manager salary in India ranges between ₹3.5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.