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HDFC Life Senior Bancassurance Manager salaries in Hyderabad / Secunderabad

Annual salary range
2 - 10 years exp.
₹5.5 Lakhs - ₹7.4 Lakhs
Salary of majority employees
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At par with the average Senior Bancassurance Manager Salary in Insurance Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Bancassurance Manager Salary
2 - 8 years exp. (5 salaries)
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₹6.5 L/yr - ₹7 L/yr

Sales & Business Development
Senior Bancassurance Manager Salary
4 - 6 years exp. (5 salaries)
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₹5.5 L/yr - ₹7.4 L/yr

Customer Success, Service & Operations
Senior Bancassurance Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹6.9 L/yr

Marketing & Communication
Senior Bancassurance Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹6.9 L/yr

Last Updated: 7 Jan 2025

Senior Bancassurance Manager salary at HDFC Life ranges between ₹5.5 Lakhs to ₹7.4 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 13 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Senior Bancassurance Manager in Hyderabad / Secunderabad

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Experience wise HDFC Life Senior Bancassurance Manager salaries in Hyderabad / Secunderabad

Last Updated: 7 Jan 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹12.1 L/yr
3 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.7 L/yr
4 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹12.2 L/yr
5 years  (5 salaries)

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₹6.3 L/yr - ₹7.4 L/yr
6 years  (4 salaries)

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₹6.3 L/yr - ₹7.4 L/yr
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HDFC Life Senior Bancassurance Manager Salary and Career Growth

From

To

Senior Bancassurance Manager

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2 - 10 years exp.

Associate Head Regional

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13 - 22 years exp.

Senior Bancassurance Manager 2 - 10 years exp.
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Corporate Manager 1 - 17 years exp.
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arrow icon 16% hike
Senior Corporate Sales Manager 6 - 18 years exp.
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arrow icon 42% hike

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From

3 more levels

To

Senior Bancassurance Manager

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2 - 10 years exp.

Senior Manager

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2 - 18 years exp.

Similar Designation salaries in HDFC Life

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₹3.05 L/yr - ₹5.4 L/yr
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₹2 L/yr - ₹4.75 L/yr
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₹4 L/yr - ₹6.7 L/yr
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₹2.5 L/yr - ₹5.5 L/yr
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₹3 L/yr - ₹4.75 L/yr
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₹2 L/yr - ₹3.5 L/yr

Salary related reviews for HDFC Life

5.0

Rated by 2 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 03 Aug 2023

4.0
 for  Salary and Benefits

Likes

Salary and perks are pretty good. Company policy,self learning and development are well defined. Management is very supportive. Work life balance is pretty good.

read more
  • Salary - Good
  • +5 more

Dislikes

Group insurance benefit quite less. It should be increased. Adding beneficiaries is quite costly. In health insurance part only two beneficiaries can be added. Apart from spouse and two children, two more beneficiaries should be allowed to add with some extra cost.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Jan 2025

1.0
 for  Salary and Benefits

Likes

There is nothing to like about this company

Dislikes

HDFC Life primarily exploits its employees by imposing excessive work pressure and making unnecessary salary deductions. They promise promotions twice a year, but these commitments are often ignored due to office politics. There is a notable lack of job security, and the company does not provide any training during the induction process. Employees are expected to perform tasks without proper guidance. The company culture is poor; it relies solely on its brand name while subjecting employees to undue stress. There is a lack of transparency regarding targets and achievements, leading to significant mental pressure. As a result, the work-life balance is severely affected, and most employees do not feel valued in this environment.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 08 Nov 2024

4.0
 for  Salary and Benefits

Likes

Skill development is good more knowledge we gets about product clearly

  • Salary - Good
  • +3 more

Dislikes

...nsent about the employee only they listen what our bosses say not to employees, Higher New employees giving higher designation and salary hike instade of give to our old employees

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  • Promotions - Bad
  • +2 more

Full Time

 · 

Other Department

1.0
  •  posted on 14 Oct 2024

2.0
 for  Salary and Benefits

Likes

Nothing to like, people keep on absconding, due to no work life balance, irrelevant pressure.

Dislikes

...cy, rejected leaves at last moment even after informing manager 2 months before. * No job security, Manager always ask to resign in front of everyone in team meetings * Bullying regarding salary infront of colleagues, as if paying my salary from their own pocket *

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  • Salary - Poor
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 30 May 2024

3.0
 for  Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

read more
  • Work satisfaction - Bad
  • +2 more
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HDFC Life Senior Bancassurance Manager Salary FAQs

What is the salary of Senior Bancassurance Manager at HDFC Life Hyderabad / Secunderabad?
Senior Bancassurance Manager salary at HDFC Life in Hyderabad / Secunderabad ranges between ₹5.5 Lakhs to ₹7.4 Lakhs for experience between 2 years to 10 years. According to our estimates it is 4% more than the average Senior Bancassurance Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of HDFC Life Hyderabad / Secunderabad.
How does the salary of a Senior Bancassurance Manager at HDFC Life Hyderabad / Secunderabad compare with the average salary range for this job?
The average salary of a Senior Bancassurance Manager at HDFC Life is 4% more than the average salary of a Senior Bancassurance Manager in Hyderabad / Secunderabad. To know exact salary insights, login to view.
What is the estimated take home salary of a Senior Bancassurance Manager at HDFC Life in Hyderabad / Secunderabad?
The estimated take-home salary of a Senior Bancassurance Manager at HDFC Life ranges between ₹51,937 per month to ₹53,161 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average HDFC Life Senior Bancassurance Manager salary in India which ranges between ₹5.5 Lakhs to ₹7.4 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Senior Bancassurance Manager at HDFC Life in Hyderabad / Secunderabad?
According to AmbitionBox, 92% of the HDFC Life Senior Bancassurance Managers in Hyderabad / Secunderabad reported a notice period of 1 Month, 8% reported a notice period of 3 Months.This is based on 13 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Senior Bancassurance Manager salary in Hyderabad / Secunderabad ranges between ₹5.5 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 HDFC Life latest salaries received from various employees of HDFC Life.