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HDFC Life Senior Development Manager salaries in India (Updated 2025)

Annual salary range
0 - 8 years exp.
₹2 Lakhs - ₹3.3 Lakhs
Salary of majority employees
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91% less than the average Senior Development Manager Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

Sales & Business Development
Senior Development Manager Salary
0 - 8 years exp. (7 salaries)
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₹2 L/yr - ₹3.3 L/yr

BFSI, Investments & Trading
Senior Development Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.3 L/yr

Customer Success, Service & Operations
Senior Development Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.3 L/yr

Finance & Accounting
Senior Development Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹2.9 L/yr

Last Updated: 16 Feb 2025

Companies similar to HDFC Life for Senior Development Manager

Company name Avg Annual Salary Open Jobs
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₹3.5 L/yr - ₹4.8 L/yr

arrow icon 47% more
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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 67% more
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₹3.1 L/yr - ₹3.6 L/yr

arrow icon 21% more
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₹3.2 L/yr - ₹5.5 L/yr

arrow icon 34% more
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₹3 L/yr - ₹4.3 L/yr

arrow icon 39% more
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₹3.2 L/yr - ₹3.9 L/yr

arrow icon 34% more
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₹4 L/yr - ₹5 L/yr

arrow icon 60% more
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₹3 L/yr - ₹5.1 L/yr

arrow icon 44% more
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₹3.3 L/yr - ₹5.1 L/yr

arrow icon 55% more
Senior Development Manager salary at HDFC Life ranges between ₹2 Lakhs to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 14 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Senior Development Manager

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8 years exp.
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4 years exp.
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8 years exp.
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1 year exp.
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7 years exp.
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Experience wise HDFC Life Senior Development Manager salaries

Last Updated: 16 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹5 L/yr
1 year  (3 salaries)

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₹2 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5 L/yr
3 years  (4 salaries)

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₹2 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
View all

Similar Designation salaries in HDFC Life

Software Development Manager Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
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₹8.8 L/yr - ₹22.6 L/yr
Senior Technical Manager Salary
(AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr
Project Manager Salary
(19 salaries)
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₹6.56 L/yr - ₹18 L/yr
Technical Project Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
Delivery Manager Salary
(AmbitionBox Estimate)
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₹21.4 L/yr - ₹27.4 L/yr
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₹13 L/yr - ₹24.5 L/yr
Product Manager Salary
(77 salaries)
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₹7.5 L/yr - ₹20 L/yr
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₹4.2 L/yr - ₹15.24 L/yr
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₹12 L/yr - ₹25 L/yr

Salary related reviews for HDFC Life

4.4

Rated by 7 employees for salary & benefits

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.

read more
  • 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.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 09 Feb 2025

4.0
 for  Salary and Benefits

Likes

Salary credited process is very good Working culture is Average good

  • Salary - Good
  • +1 more

Dislikes

HR is very irresponsible or no one Hr's not responding any reply by call or emails, they ignoring all employees calls, messages and emails...

read more
  • Job security - Poor
  • +1 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

 · 

Other Department

3.0
  •  posted on 07 Dec 2024

1.0
 for  Salary and Benefits

Likes

Nothing great to vouch for, strong in processes only for front line people. HDFC. Salary will br creditrd on time just like other big corporates

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Dislikes

No work life balance and respect, tremendous pressure.. Should do work like robot. For managers rules will be bent, for front line employees they will be very rigid with rules. Double standards

read more
  • Salary - Bad
  • +2 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

read more
  • Promotions - Bad
  • +2 more
see more salary related reviews

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HDFC Life Senior Development Manager Salary FAQs

What is the salary of Senior Development Manager at HDFC Life ?
The average salary of a Senior Development Manager at HDFC Life in India typically ranges from ₹2.0 Lakhs to ₹3.3 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Senior Development Manager at HDFC Life earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Senior Development Manager 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 10+ HDFC Life employees in India.
What is the estimated take home salary of a Senior Development Manager at HDFC Life in India?
The estimated take-home salary of a Senior Development Manager at HDFC Life in India typically ranges from ₹19,970 to ₹21,633 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.3 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 10+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HDFC Life for Senior Development Manager in India?
SBI General Insurance ₹3.5 Lakhs to ₹5.5 Lakhs per year
ICICI Prudential Life Insurance ₹4.0 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindara Life Insurance ₹3.3 Lakhs to ₹5.1 Lakhs per year
ICICI Lombard General Insurance Company ₹3.5 Lakhs to ₹4.8 Lakhs per year
Bajaj Allianz Life Insurance ₹3.0 Lakhs to ₹5.1 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.
What is the salary of a Senior Development Manager in companies similar to HDFC Life in India?
The salary of a Senior Development Manager at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Life Insurance ₹3.0 Lakhs to ₹4.3 Lakhs per year
SBI Life Insurance Company ₹3.2 Lakhs to ₹3.9 Lakhs per year
Axis Max Life Insurance ₹3.2 Lakhs to ₹5.5 Lakhs per year
Reliance Nippon Life Insurance ₹3.1 Lakhs to ₹3.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Senior Development Manager at HDFC Life in India?
The salary growth for a Senior Development Manager at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Senior Development Manager can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹5.0 Lakhs per year
1 year ₹2.0 Lakhs to ₹3.3 Lakhs per year
2 years ₹2.0 Lakhs to ₹5.0 Lakhs per year
3 years ₹2.0 Lakhs to ₹3.3 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life Senior Development Manager salary in India ranges between ₹2 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 HDFC Life latest salaries received from various employees of HDFC Life.