HDFC Life Senior Business Manager Salaries by 3 Employees (Updated 2025)

6 - 14 years exp.

₹5.5 Lakhs - ₹8.4 Lakhs

Low Confidence

Salary of majority employees

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43% less than the average Senior Business Manager Salary in Insurance Companies for 6 - 14 years of experience

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Last Updated: 24 Sep 2024

Companies similar to HDFC Life for Senior Business Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Business Manager Salary 5 - 8 years exp. (5 salaries)	Unlock ₹3.5 L/yr - ₹6.5 L/yr 42% less
SBI Life Insurance Company Senior Business Manager Salary 5 - 10 years exp. (5 salaries)	Unlock ₹6.4 L/yr - ₹8.1 L/yr 19% less
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Max Life Insurance Senior Business Manager Salary 8 - 12 years exp. (3 salaries)	Unlock ₹5.3 L/yr - ₹11.4 L/yr 10% less
Kotak Mahindara Life Insurance Senior Business Manager Salary 4 - 11 years exp. (4 salaries)	Unlock ₹4.8 L/yr - ₹6.2 L/yr 35% less
Bajaj Allianz Life Insurance Senior Business Manager Salary 3 - 10 years exp. (42 salaries)	Unlock ₹3.6 L/yr - ₹4.8 L/yr 45% less
Reliance Nippon Life Insurance Senior Business Manager Salary 3 - 10 years exp. (3 salaries)	Unlock ₹3.5 L/yr - ₹3.8 L/yr 56% less
Tata AIA Life Insurance Senior Business Manager Salary 11 - 20 years exp. (5 salaries)	Unlock ₹9.5 L/yr - ₹11.8 L/yr 36% more
PNB MetLife Senior Business Manager Salary 2 - 15 years exp. (91 salaries)	Unlock ₹3.6 L/yr - ₹6.2 L/yr 44% less	1 job opening
ICICI Lombard General Insurance Company Senior Business Manager Salary 1 - 6 years exp. (3 salaries)	Unlock ₹3.4 L/yr - ₹4.6 L/yr 46% less

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Senior Business Manager salary at HDFC Life ranges between ₹5.5 Lakhs to ₹8.4 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Business Manager salaries

Last Updated: 24 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹14.1 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹14.2 L/yr
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8 years (AmbitionBox Estimate)	Unlock ₹7.2 L/yr - ₹9.2 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹7.2 L/yr - ₹9.2 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹7.3 L/yr - ₹9.3 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹7.3 L/yr - ₹9.3 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹7.4 L/yr - ₹9.4 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹7.4 L/yr - ₹9.5 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹14.9 L/yr

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Salary related reviews for HDFC Life

Business Development Manager in Bijnor

Full Time

Marketing & Communication Department

5.0

• posted on 10 Feb 2025

1.0

for Salary and Benefits

Likes

Hello team m Rishabh Rastogi from HDFC LIFE Bijnor Branch, there is a lot of pressure here for work and HDFC Life is a very good brand but there are no facilities for the employees in the office.

Work-life balance - Excellent

Dislikes

Here the calculation is less Here the salary is very high as compared to low and the facilities are also very less, the promotions target is very high and there are many parameters.

Salary - Bad

+4 more

Business Development Manager in Vasai-Virar

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.

Work satisfaction - Bad

+2 more

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Oct 2023

3.0

for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

Skill development - Poor

+5 more

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

Job security - Good

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

Salary - Bad

+5 more

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HDFC Life Senior Business Manager Salary FAQs

What is the notice period for Senior Business Manager at HDFC Life?

According to AmbitionBox, 29% of the HDFC Life Senior Business Managers reported a notice period of 15 days or less, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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HDFC Life Senior Business Manager Salaries

HDFC Life Senior Business Manager salary in India ranges between ₹5.5 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.