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HDFC Life Senior Associate salaries in Mumbai Suburban

Annual salary range
0 - 8 years exp.
₹2 Lakhs - ₹4.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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51% less than the average Senior Associate Salary in Insurance Companies for 0 - 8 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

BFSI, Investments & Trading
Senior Associate Salary
1 - 6 years exp. (10 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

Finance & Accounting
Senior Associate Salary
2 - 5 years exp. (8 salaries)
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₹3.3 L/yr - ₹4.2 L/yr

Customer Success, Service & Operations
Senior Associate Salary
0 - 8 years exp. (6 salaries)
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₹2 L/yr - ₹4 L/yr

Human Resources
Senior Associate Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹4 L/yr

Last Updated: 3 Aug 2024

Companies similar to HDFC Life for Senior Associate in Mumbai Suburban

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HDFC Life Senior Associate Salary

0 - 8 years exp. (31 salaries)

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₹2 L/yr - ₹4.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹4.7 L/yr

arrow icon 21% more
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₹4.2 L/yr - ₹5 L/yr

arrow icon 20% more
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SS&C TECHNOLOGIES Senior Associate Salary

0 - 8 years exp. (88 salaries)

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₹2.4 L/yr - ₹10.9 L/yr

arrow icon 87% more
16 job openings
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Morgan Stanley Senior Associate Salary

0 - 8 years exp. (26 salaries)

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₹7.1 L/yr - ₹24.5 L/yr

arrow icon 376% more
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₹5.5 L/yr - ₹13.2 L/yr

arrow icon 160% more
1 job opening
Senior Associate salary at HDFC Life ranges between ₹2 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 31 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Senior Associate in Mumbai Suburban

8mo ago
₹3.6 Lakhs
6 years exp.
9mo ago
₹3.2 Lakhs
5 years exp.
11mo ago
₹2.5 Lakhs
3 years exp.
1y ago
₹2.5 Lakhs
2 years exp.
1y ago
₹3.4 Lakhs
4 years exp.
1y ago
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3 years exp.
1y ago
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4 years exp.
1y ago
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8 years exp.
1y ago
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3 years exp.
1y ago
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5 years exp.

Experience wise HDFC Life Senior Associate salaries in Mumbai Suburban

Last Updated: 3 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.6 L/yr
2 years  (3 salaries)

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₹2.5 L/yr - ₹3.5 L/yr
3 years  (7 salaries)

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₹2.5 L/yr - ₹3.5 L/yr
4 years  (9 salaries)

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₹2.9 L/yr - ₹4 L/yr
View all
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 - 20 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

2 - 15 years exp.
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arrow icon 66% 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.

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

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

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

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • 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.

read more
  • Salary - Bad
  • +1 more

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.

read more
see more salary related reviews

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HDFC Life Senior Associate Salary FAQs

What is the salary of Senior Associate at HDFC Life in Mumbai Suburban?
The average salary of a Senior Associate at HDFC Life in Mumbai Suburban typically ranges from ₹2.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Senior Associate in Mumbai Suburban at HDFC Life earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.2 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 30+ HDFC Life employees in India.
What is the estimated take home salary of a Senior Associate at HDFC Life in Mumbai Suburban?
The estimated take-home salary of a Senior Associate at HDFC Life in Mumbai Suburban typically ranges from ₹25,704 to ₹27,132 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from Fresher to 8 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 30+ 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 Suburban?
To be a Senior Associate at HDFC Life in Mumbai Suburban, 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?
Morgan Stanley ₹7.1 Lakhs to ₹24.5 Lakhs per year
BNP Paribas India Solutions ₹5.5 Lakhs to ₹13.2 Lakhs per year
SS&C TECHNOLOGIES ₹2.4 Lakhs to ₹10.9 Lakhs per year
ICICI Prudential Life Insurance ₹2.4 Lakhs to ₹4.7 Lakhs per year
HDFC Ergo General Insurance ₹4.2 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 Suburban?
The salary growth for a Senior Associate at HDFC Life in Mumbai Suburban depends on factors such as experience, performance, and promotions. On average, a Senior Associate in Mumbai Suburban can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
Fresher ₹2.8 Lakhs to ₹3.5 Lakhs per year
1 year ₹2.9 Lakhs to ₹3.6 Lakhs per year
2 years ₹2.5 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.5 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life Senior Associate salary in Mumbai Suburban ranges between ₹2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 HDFC Life latest salaries received from various employees of HDFC Life.