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

Fixed (94%)

₹3.1 Lakhs

Variable (6%)

₹0.2 Lakh

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 - 9 years exp. (164 salaries)	₹1.2 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Senior Associate Salary 0 - 9 years exp. (135 salaries)	₹1.6 L/yr - ₹4.5 L/yr
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Finance & Accounting Senior Associate Salary 1 - 8 years exp. (65 salaries)	₹1.1 L/yr - ₹4.6 L/yr
Data Science & Analytics Senior Associate Salary 0 - 8 years exp. (16 salaries)	₹2.3 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

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Last Updated: 20 Feb 2025

Companies similar to HDFC Life for Senior Associate in Mumbai

HDFC Life Senior Associate Salary

0 - 9 years exp. (480 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. (179 salaries)	₹2.5 L/yr - ₹5.3 L/yr 29% more
SBI Life Insurance Company Senior Associate Salary 0 - 11 years exp. (98 salaries)	₹3 L/yr - ₹7 L/yr 37% more
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HDFC Ergo General Insurance Senior Associate Salary 1 - 7 years exp. (16 salaries)	₹3 L/yr - ₹5 L/yr 18% more
Gallagher Senior Associate Salary 3 - 8 years exp. (13 salaries)	₹4 L/yr - ₹8 L/yr 75% more
ICICI Lombard General Insurance Company Senior Associate Salary 4 - 10 years exp. (9 salaries)	₹4 L/yr - ₹6.5 L/yr 43% 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 480 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Associate salaries in Mumbai

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
Fresher (11 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 (111 salaries)	₹1.5 L/yr - ₹4.2 L/yr
4 years (89 salaries)	₹1.5 L/yr - ₹4.4 L/yr
5 years (64 salaries)	₹1.9 L/yr - ₹4.6 L/yr
6 years (44 salaries)	₹1.9 L/yr - ₹4.6 L/yr
7 years (10 salaries)	₹3 L/yr - ₹4 L/yr
8 years (13 salaries)	₹2.7 L/yr - ₹4.5 L/yr
9 years (4 salaries)	₹3.2 L/yr - ₹3.9 L/yr

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From

Senior Associate

₹

Lakhs/yr

0 - 9 years exp.

Senior Manager

₹

Lakhs/yr

2 - 18 years exp.

Senior Associate 0 - 9 years exp.

Associate Manager 0 - 12 years exp.

42% hike

Deputy Manager 0 - 15 years exp.

65% hike

Similar Designation salaries in HDFC Life

Software Engineer Salary

(19 salaries)

₹7.5 L/yr - ₹20.55 L/yr

Team Lead Salary

(5 salaries)

₹3.29 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 MIS Life Insurance Excel Communication Skills Insurance MS Office Salesforce Claims Processing Customer Service

Salary related reviews for HDFC Life

2.7

Rated by 56 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

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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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 480 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 ₹7.0 Lakhs per year
ICICI Prudential Life Insurance Senior Associate Salary - ₹2.5 Lakhs to ₹5.3 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 ₹24,200 per month to ₹25,650 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, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 262 responses on AmbitionBox in last 2 years.

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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 480 HDFC Life latest salaries received from various employees of HDFC Life.