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HDFC Life Senior Executive salaries in Mumbai (Updated 2025)

Annual salary range
0 - 9 years exp.
₹2.1 Lakhs - ₹4.9 Lakhs
Salary of majority employees
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34% less than the average Senior Executive Salary in Insurance Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Executive Salary
2 - 6 years exp. (12 salaries)
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₹2.2 L/yr - ₹3.7 L/yr

Customer Success, Service & Operations
Senior Executive Salary
1 - 9 years exp. (12 salaries)
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₹2.4 L/yr - ₹4.6 L/yr

Finance & Accounting
Senior Executive Salary
0 - 6 years exp. (10 salaries)
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₹3.2 L/yr - ₹4.9 L/yr

Last Updated: 3 Feb 2025

Companies similar to HDFC Life for Senior Executive in Mumbai

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HDFC Life Senior Executive Salary

0 - 9 years exp. (39 salaries)

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₹2.1 L/yr - ₹4.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹5.6 L/yr

arrow icon 17% more
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Tata AIA Life Insurance Senior Executive Salary

3 - 11 years exp. (80 salaries)

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₹3.1 L/yr - ₹10.3 L/yr

arrow icon 94% more
2 job openings
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PNB MetLife Senior Executive Salary

0 - 9 years exp. (41 salaries)

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₹2.9 L/yr - ₹4.8 L/yr

arrow icon 5% more
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SBI General Insurance Senior Executive Salary

4 - 11 years exp. (28 salaries)

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₹3.1 L/yr - ₹6 L/yr

arrow icon 38% more
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₹2.4 L/yr - ₹6.6 L/yr

arrow icon 29% more
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₹2 L/yr - ₹4.5 L/yr

arrow icon 1% more
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₹3.5 L/yr - ₹5.7 L/yr

arrow icon 35% more
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₹2 L/yr - ₹4.2 L/yr

arrow icon 11% less
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₹3.5 L/yr - ₹5.3 L/yr

arrow icon 14% more
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₹2 L/yr - ₹4.5 L/yr

arrow icon 7% less
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₹3.1 L/yr - ₹4.6 L/yr

arrow icon 8% more
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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 33% more
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₹3.6 L/yr - ₹5.4 L/yr

arrow icon 9% more
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₹3 L/yr - ₹3.5 L/yr

arrow icon 11% less
Senior Executive salary at HDFC Life ranges between ₹2.1 Lakhs to ₹4.9 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 39 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Senior Executive in Mumbai

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6 years exp.
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9 years exp.
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Experience wise HDFC Life Senior Executive salaries in Mumbai

Last Updated: 3 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.6 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)

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₹3.1 L/yr - ₹6.1 L/yr
2 years  (5 salaries)

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₹2 L/yr - ₹3.7 L/yr
3 years  (7 salaries)

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₹2 L/yr - ₹3.7 L/yr
4 years  (7 salaries)

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₹2.4 L/yr - ₹4.4 L/yr
View all

Similar Designation salaries in HDFC Life

Senior Associate Salary
(496 salaries)
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₹1.05 L/yr - ₹4.6 L/yr
Deputy Manager Salary
(477 salaries)
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₹3.5 L/yr - ₹12.5 L/yr
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₹2.25 L/yr - ₹3.6 L/yr

Salary related reviews for HDFC Life

2.0

Rated by 2 employees for salary & benefits

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

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

read more
  • Salary - Bad
  • +5 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
see more salary related reviews

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HDFC Life Senior Executive Salary FAQs

What is the salary of Senior Executive at HDFC Life in Mumbai?
The average salary of a Senior Executive at HDFC Life in Mumbai typically ranges from ₹2.1 Lakhs to ₹4.9 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Senior Executive in Mumbai at HDFC Life earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹4.9 Lakhs per year. Senior Executive 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 Executive at HDFC Life in Mumbai?
The estimated take-home salary of a Senior Executive at HDFC Life in Mumbai typically ranges from ₹26,262 to ₹27,682 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹4.9 Lakhs per year for employees with experience ranging from Fresher to 9 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.
Which companies offer higher salaries than HDFC Life for Senior Executive in India?
Tata AIA Life Insurance ₹3.1 Lakhs to ₹10.3 Lakhs per year
SBI General Insurance ₹3.1 Lakhs to ₹6.0 Lakhs per year
SBI Life Insurance Company ₹3.5 Lakhs to ₹5.7 Lakhs per year
Bajaj Allianz Life Insurance ₹3.5 Lakhs to ₹5.5 Lakhs per year
ICICI Lombard General Insurance Company ₹2.4 Lakhs to ₹6.6 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 Executive in companies similar to HDFC Life in Mumbai?
The salary of a Senior Executive at companies similar to HDFC Life in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Ergo General Insurance ₹2.2 Lakhs to ₹5.6 Lakhs per year
ICICI Prudential Life Insurance ₹3.5 Lakhs to ₹5.3 Lakhs per year
Kotak Mahindara Life Insurance ₹3.6 Lakhs to ₹5.4 Lakhs per year
Star Health & Allied Insurance ₹3.1 Lakhs to ₹4.6 Lakhs per year
PNB MetLife ₹2.9 Lakhs to ₹4.8 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 Executive at HDFC Life in Mumbai?
The salary growth for a Senior Executive at HDFC Life in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Executive in Mumbai can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
Fresher ₹2.6 Lakhs to ₹4.0 Lakhs per year
1 year ₹3.1 Lakhs to ₹6.1 Lakhs per year
2 years ₹2.0 Lakhs to ₹3.7 Lakhs per year
3 years ₹2.0 Lakhs to ₹3.7 Lakhs per year
and so on.

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HDFC Life Senior Executive salary in Mumbai ranges between ₹2.1 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 39 HDFC Life latest salaries received from various employees of HDFC Life.