HDFC Life Mumbai Senior Associate 1 Salaries by 4 Employees

2 - 6 years exp.

₹2.2 Lakhs - ₹3.8 Lakhs

Salary of majority employees

68% less than the average Senior Associate 1 Salary in Insurance Companies for 2 - 6 years of experience

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Last Updated: 22 Feb 2024

Companies similar to HDFC Life for Senior Associate 1 in Mumbai

HDFC Life Senior Associate 1 Salary

2 - 6 years exp. (4 salaries)

₹2.2 L/yr - ₹3.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Associate 1 Salary 5 - 7 years exp. (3 salaries)	₹3.6 L/yr - ₹5.3 L/yr 29% more
SBI Life Insurance Company Senior Associate 1 Salary 1 - 5 years exp. (3 salaries)	₹3.3 L/yr - ₹4.9 L/yr 47% more
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WNS Senior Associate 1 Salary 0 - 9 years exp. (34 salaries)	₹2.1 L/yr - ₹6 L/yr 37% more
Wipro Senior Associate 1 Salary 2 - 6 years exp. (27 salaries)	₹2 L/yr - ₹4.5 L/yr 3% more
SS&C TECHNOLOGIES Senior Associate 1 Salary 1 - 7 years exp. (24 salaries)	₹2.6 L/yr - ₹9 L/yr 68% more

Senior Associate 1 salary at HDFC Life ranges between ₹2.2 Lakhs to ₹3.8 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Associate 1 salaries in Mumbai

Last Updated: 22 Feb 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹5.4 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.6 L/yr
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4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.8 L/yr

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Senior Software Engineer Salary

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Team Lead Salary

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Senior Consultant Salary

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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

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

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

Senior Associate in Marathalli

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 16 Sep 2022

3.0

for Salary and Benefits

Likes

Once you got job you can not leave that company. Because the seniors don't want you to leave .

Skill development - Good

+2 more

Dislikes

Work in pressure. Less salary. Late night working. They ask you to go to different branches on different days and they don't even pay charges.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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HDFC Life Senior Associate 1 Salary FAQs

What is the salary of Senior Associate 1 at HDFC Life in Mumbai?

The average salary of a Senior Associate 1 at HDFC Life in Mumbai typically ranges from ₹2.2 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Senior Associate 1 in Mumbai at HDFC Life earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Senior Associate 1 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 Associate 1 at HDFC Life in Mumbai?

The estimated take-home salary of a Senior Associate 1 at HDFC Life in Mumbai typically ranges from ₹22,526 to ₹24,002 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 2 years to 6 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 Associate 1 in India?

SS&C TECHNOLOGIES	₹2.6 Lakhs to ₹9.0 Lakhs per year
SBI Life Insurance Company	₹3.3 Lakhs to ₹4.9 Lakhs per year
WNS	₹2.1 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance	₹3.6 Lakhs to ₹5.3 Lakhs per year
Wipro	₹2.0 Lakhs to ₹4.5 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.

How the salary growth look like for a Senior Associate 1 at HDFC Life in Mumbai?

The salary growth for a Senior Associate 1 at HDFC Life in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Associate 1 in Mumbai can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
2 years	₹2.7 Lakhs to ₹5.4 Lakhs per year
3 years	₹2.2 Lakhs to ₹5.6 Lakhs per year
4 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
5 years	₹3.0 Lakhs to ₹3.9 Lakhs per year

and so on.

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HDFC Life Senior Associate 1 Salaries in Mumbai

HDFC Life Senior Associate 1 salary in Mumbai ranges between ₹2.2 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.