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HDFC Life Senior Associate salaries in Mumbai (Updated 2025)

Annual salary range
0 - 9 years exp.
₹1.1 Lakh - ₹4.6 Lakhs
Salary of majority employees
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67% less than the average Senior Associate Salary in Insurance Companies for 0 - 9 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
Senior Associate Salary
0 - 8 years exp. (163 salaries)
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₹1.2 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Senior Associate Salary
0 - 9 years exp. (137 salaries)
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₹1.6 L/yr - ₹4.5 L/yr

Finance & Accounting
Senior Associate Salary
1 - 8 years exp. (65 salaries)
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₹1.1 L/yr - ₹4.6 L/yr

Data Science & Analytics
Senior Associate Salary
0 - 8 years exp. (17 salaries)
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₹2 L/yr - ₹3.8 L/yr

Administration & Facilities
Senior Associate Salary
0 - 6 years exp. (7 salaries)
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₹2.1 L/yr - ₹3.8 L/yr

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Last Updated: 5 Mar 2025

Companies similar to HDFC Life for Senior Associate in Mumbai

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HDFC Life Senior Associate Salary

0 - 9 years exp. (472 salaries)

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₹1.1 L/yr - ₹4.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 32% more
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₹3 L/yr - ₹6.8 L/yr

arrow icon 38% more
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₹3 L/yr - ₹5 L/yr

arrow icon 17% more
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Gallagher Senior Associate Salary

3 - 8 years exp. (13 salaries)

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₹4 L/yr - ₹8 L/yr

arrow icon 74% more
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₹4 L/yr - ₹6.5 L/yr

arrow icon 44% more

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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 472 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Senior Associate in Mumbai

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Experience wise HDFC Life Senior Associate salaries in Mumbai

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
Fresher  (11 salaries)

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₹2.3 L/yr - ₹3.5 L/yr
1 year  (47 salaries)

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₹1.2 L/yr - ₹4 L/yr
2 years  (83 salaries)

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₹1.1 L/yr - ₹4.5 L/yr
3 years  (110 salaries)

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₹1.8 L/yr - ₹4.2 L/yr
4 years  (90 salaries)

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₹1.5 L/yr - ₹4.4 L/yr
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HDFC Life Senior Associate Salary and Career Growth

From

To

Senior Associate

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0 - 9 years exp.

Senior Manager

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2 - 18 years exp.

Senior Associate 0 - 9 years exp.
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Associate Manager 0 - 12 years exp.
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arrow icon 43% hike
Deputy Manager 0 - 15 years exp.
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arrow icon 64% hike

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Similar Designation salaries in HDFC Life

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₹7.5 L/yr - ₹24 L/yr
Team Lead Salary
(5 salaries)
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₹3.26 L/yr - ₹7 L/yr
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₹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 MIS Life Insurance Excel Communication Skills Insurance MS Office Salesforce Claims Processing Customer Service
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Salary related reviews for HDFC Life

2.7

Rated by 58 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Poor
  • +3 more

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.

read more
  • 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

read more
  • Salary - Bad
  • +3 more

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.

read more
  • Salary - Poor
  • +5 more

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.

read more
  • 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.

read more
  • Promotions - Poor
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HDFC Life Senior Associate Salary FAQs

What is the salary of Senior Associate at HDFC Life Mumbai?
Senior Associate salary at HDFC Life in Mumbai ranges between ₹1.1 Lakhs to ₹4.6 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 67% less than the average Senior Associate Salary in India. Salary estimates are based on 472 latest salaries received from various employees of HDFC Life Mumbai.
How does the salary of a Senior Associate at HDFC Life Mumbai compare with the average salary range for this job?
The average salary of a Senior Associate at HDFC Life is 67% less than the average salary of a Senior Associate in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Associate at HDFC Life?
Communication Skills, Customer Service, MS Office, Cross Sales and customer support are some of the popular skills required to work as a Senior Associate at HDFC Life Mumbai.
Which similar companies are paying more than HDFC Life to a Senior Associate in Mumbai?
  • Gallagher Senior Associate Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year
  • ICICI Lombard General Insurance Company Senior Associate Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
  • SBI Life Insurance Company Senior Associate Salary - ₹3.0 Lakhs to ₹6.8 Lakhs per year
  • ICICI Prudential Life Insurance Senior Associate Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year
  • HDFC Ergo General Insurance Senior Associate Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
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 ranges between ₹24,143 per month to ₹25,594 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Senior Associate salary in India which ranges between ₹1.1 Lakhs to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?
What is the notice period for Senior Associate at HDFC Life in Mumbai?
According to AmbitionBox, 70% of the HDFC Life Senior Associates in Mumbai reported a notice period of 2 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 261 responses on AmbitionBox in last 2 years.

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HDFC Life Senior Associate salary in Mumbai ranges between ₹1.1 Lakh to ₹4.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 472 HDFC Life latest salaries received from various employees of HDFC Life.