HDFC Life Mumbai Senior Associate Salaries by 400+ Employees (Updated 2025)

0 - 9 years exp.

₹1.1 Lakh - ₹4.6 Lakhs

Salary of majority employees

68% less than the average Senior Associate Salary in Insurance Companies for 0 - 9 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

BFSI, Investments & Trading Senior Associate Salary 0 - 9 years exp. (167 salaries)	₹1.1 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Senior Associate Salary 0 - 9 years exp. (138 salaries)	₹1.6 L/yr - ₹4.5 L/yr
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Finance & Accounting Senior Associate Salary 1 - 9 years exp. (65 salaries)	₹1.2 L/yr - ₹4.6 L/yr
Data Science & Analytics Senior Associate Salary 0 - 8 years exp. (17 salaries)	₹2 L/yr - ₹3.8 L/yr
Human Resources Senior Associate Salary 1 - 6 years exp. (9 salaries)	₹2.2 L/yr - ₹3.6 L/yr

View all

Last Updated: 18 Mar 2025

Companies similar to HDFC Life for Senior Associate in Mumbai

HDFC Life Senior Associate Salary

0 - 9 years exp. (496 salaries)

₹1.1 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Associate Salary 1 - 10 years exp. (184 salaries)	₹2.5 L/yr - ₹5.5 L/yr 30% more
SBI Life Insurance Company Senior Associate Salary 0 - 11 years exp. (95 salaries)	₹3 L/yr - ₹6.8 L/yr 37% more
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HDFC Ergo General Insurance Senior Associate Salary 1 - 7 years exp. (18 salaries)	₹3 L/yr - ₹5 L/yr 16% more
Gallagher Senior Associate Salary 3 - 8 years exp. (15 salaries)	₹4 L/yr - ₹8 L/yr 74% more
ICICI Lombard General Insurance Company Senior Associate Salary 4 - 10 years exp. (9 salaries)	₹4 L/yr - ₹6.5 L/yr 56% more

Senior Associate salary at HDFC Life ranges between ₹1.1 Lakh to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 496 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Associate salaries in Mumbai

Last Updated: 18 Mar 2025

Experience	Avg Annual Salary
Fresher (12 salaries)	₹2.3 L/yr - ₹3.5 L/yr
1 year (48 salaries)	₹1.2 L/yr - ₹4 L/yr
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2 years (86 salaries)	₹1.1 L/yr - ₹4.5 L/yr
3 years (114 salaries)	₹1.1 L/yr - ₹4.2 L/yr
4 years (95 salaries)	₹1.5 L/yr - ₹4.4 L/yr
5 years (68 salaries)	₹1.9 L/yr - ₹4.6 L/yr
6 years (46 salaries)	₹2.3 L/yr - ₹4.6 L/yr
7 years (11 salaries)	₹3 L/yr - ₹4 L/yr
8 years (11 salaries)	₹3 L/yr - ₹4 L/yr
9 years (5 salaries)	₹3 L/yr - ₹3.9 L/yr

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From

Senior Associate

₹

Lakhs/yr

0 - 9 years exp.

Senior Manager

₹

Lakhs/yr

2 - 20 years exp.

Senior Associate

0 - 9 years exp.

Associate Manager

0 - 12 years exp.

42% hike

Deputy Manager

0 - 15 years exp.

63% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Life

Software Engineer Salary

(19 salaries)

₹7.5 L/yr - ₹25 L/yr

Team Lead Salary

(5 salaries)

₹3.26 L/yr - ₹7 L/yr

Senior Consultant Salary

(4 salaries)

₹4.2 L/yr - ₹17.5 L/yr

Top skills at HDFC Life for Senior Associate

Communication Skills Customer Service MS Office Cross Sales customer support Operations Communication Skills MIS Life Insurance Excel MS Office Salesforce Customer Service Insurance Claims Processing

Salary related reviews for HDFC Life

2.7

Rated by 59 employees for salary & benefits

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 Mumbai

Customer Success, Service & Operations Department

3.0

• posted on 30 Aug 2022

2.0

for Salary and Benefits

Likes

Salary on time. Flexi shifts. Supportive Team members.

Skill development - Good

+1 more

Dislikes

High work pressure. Poor growth. Low increament during appraisal, even if your performance is good. Every Saturday is working and Sunday working during month end & 1st day of the month. Every Saturday and Sunday working during JFM (Jan, Feb & Mar). No time limit. You have to work beyond 9 pm. You have to work even on bank holidays. No work pressure & good increament for favourite people.

Salary - Poor

+3 more

Senior Associate in Mumbai

Group operations Department

2.0

• posted on 24 Mar 2018

1.0

for Salary and Benefits

Likes

Worked for group operations, got to learn many things regarding process, for learning prospects the company provide enough knowledge.

Skill development - Good

+1 more

Dislikes

Heavy workload, overtime for more them 20-25 days a month without any compensation, salary provided is very low, management for the department is the worst

Salary - Bad

+3 more

Senior Associate in Mumbai

Operations Department

2.0

• posted on 05 Sep 2018

2.0

for Salary and Benefits

Likes

Colleagues are the best part in my HDFC Life journey.

Job security - Good

Dislikes

...any only thinks about how to satisfy customers. No employee satisfaction at all. Poor growth in terms of salary as well as position. Not recommend anyone to work there.

Salary - Poor

+5 more

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

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Salary Discussions, Hike & Promotions

a manager - business analyst

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 Senior Associate Salary FAQs

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

The average salary of a Senior Associate at HDFC Life in Mumbai typically ranges from ₹1.1 Lakhs to ₹4.6 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Senior Associate in Mumbai at HDFC Life earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Senior Associate 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 400+ HDFC Life employees in India.

What is the estimated take home salary of a Senior Associate at HDFC Life in Mumbai?

The estimated take-home salary of a Senior Associate at HDFC Life in Mumbai typically ranges from ₹24,299 to ₹25,748 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from Fresher to 9 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 400+ 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 Senior Associate at HDFC Life in Mumbai?

To be a Senior Associate at HDFC Life in Mumbai, the key skills required include:

- Communication Skills
- Customer Service
- MS Office
- Cross Sales
- customer support

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 Senior Associate in India?

Gallagher	₹4.0 Lakhs to ₹8.0 Lakhs per year
ICICI Lombard General Insurance Company	₹4.0 Lakhs to ₹6.5 Lakhs per year
SBI Life Insurance Company	₹3.0 Lakhs to ₹6.8 Lakhs per year
ICICI Prudential Life Insurance	₹2.5 Lakhs to ₹5.5 Lakhs per year
HDFC Ergo General Insurance	₹3.0 Lakhs to ₹5.0 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.

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

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

Experience	Average Salary Range
Fresher	₹2.3 Lakhs to ₹3.5 Lakhs per year
1 year	₹1.2 Lakhs to ₹4.0 Lakhs per year
2 years	₹1.1 Lakhs to ₹4.5 Lakhs per year
3 years	₹1.1 Lakhs to ₹4.2 Lakhs per year

and so on.

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HDFC Life Senior Associate Salaries in Mumbai

HDFC Life Senior Associate salary in Mumbai ranges between ₹1.1 Lakh to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 496 HDFC Life latest salaries received from various employees of HDFC Life.