Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary36% less than the average Senior Manager Salary in Insurance Companies for 2 - 20 years of experience
Interested in this particular role? 2 job openings
Salaries in different departments
BFSI, Investments & Trading
Senior Manager Salary
2 - 18
years
exp.
(117
salaries)
|  ₹7 L/yr - ₹22.3 L/yr |
Customer Success, Service & Operations
Senior Manager Salary
2 - 18
years
exp.
(67
salaries)
| ₹7.6 L/yr - ₹22 L/yr |
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| |
Sales & Business Development
Senior Manager Salary
2 - 19
years
exp.
(51
salaries)
| ₹5.9 L/yr - ₹20.5 L/yr |
Strategic & Top Management
Senior Manager Salary
2 - 19
years
exp.
(35
salaries)
| ₹10.8 L/yr - ₹25.9 L/yr |
Marketing & Communication
Senior Manager Salary
2 - 14
years
exp.
(30
salaries)
| ₹8.3 L/yr - ₹21 L/yr |
Companies similar to HDFC Life for Senior Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Senior Manager Salary
0 - 19 years exp. (1.6k salaries) | ₹4.9 L/yr - ₹14 L/yr 
30%
less | 1 job opening |
 Kotak Mahindara Life Insurance Senior Manager Salary
1 - 14 years exp. (683 salaries) | ₹3.3 L/yr - ₹10.6 L/yr
50%
less | 1 job opening |
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| ||
 ICICI Prudential Life Insurance Senior Manager Salary
0 - 9 years exp. (480 salaries) | ₹11 L/yr - ₹26.9 L/yr 
28%
more | |
 Axis Max Life Insurance Senior Manager Salary
3 - 17 years exp. (330 salaries) | ₹8.6 L/yr - ₹32 L/yr
32%
more | 3 job openings |
 HDFC Ergo General Insurance Senior Manager Salary
5 - 19 years exp. (325 salaries) | ₹7 L/yr - ₹24 L/yr
8%
more | |
 Tata AIA Life Insurance Senior Manager Salary
8 - 19 years exp. (231 salaries) | ₹10.8 L/yr - ₹42 L/yr
80%
more | 7 job openings |
 Reliance Nippon Life Insurance Senior Manager Salary
0 - 17 years exp. (204 salaries) | ₹6.4 L/yr - ₹13.8 L/yr
41%
less | |
 Bajaj Allianz Life Insurance Senior Manager Salary
2 - 18 years exp. (152 salaries) | ₹8.5 L/yr - ₹22.5 L/yr
3%
less | 1 job opening |
 PNB MetLife Senior Manager Salary
6 - 16 years exp. (108 salaries) | ₹4.5 L/yr - ₹18 L/yr
20%
less | 2 job openings |
 Aditya Birla Sun Life Insurance Senior Manager Salary
1 - 12 years exp. (107 salaries) | ₹4 L/yr - ₹17 L/yr
31%
less | |
 SBI General Insurance Senior Manager Salary
5 - 16 years exp. (96 salaries) | ₹5 L/yr - ₹19.8 L/yr
13%
less | |
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| ||
 Star Health & Allied Insurance Senior Manager Salary
4 - 15 years exp. (82 salaries) | ₹4 L/yr - ₹15 L/yr
40%
less | |
 SBI Life Insurance Company Senior Manager Salary
5 - 14 years exp. (56 salaries) | ₹4 L/yr - ₹17.4 L/yr
28%
less | |
 Kotak Mahindra General Insurance Senior Manager Salary
6 - 16 years exp. (46 salaries) | ₹6.7 L/yr - ₹13.4 L/yr
24%
less | |
 Shriram Life Insurance Senior Manager Salary
1 - 18 years exp. (25 salaries) | ₹4.3 L/yr - ₹15 L/yr
36%
less | |
 AIG Senior Manager Salary
9 - 21 years exp. (21 salaries) | ₹18.5 L/yr - ₹35.1 L/yr
114%
more | |
 Aditya Birla Insurance Brokers Senior Manager Salary
5 - 20 years exp. (20 salaries) | ₹9.4 L/yr - ₹16.2 L/yr
12%
less | |
 Gallagher Senior Manager Salary
8 - 22 years exp. (16 salaries) | ₹8.6 L/yr - ₹27 L/yr
19%
more | |
 Life Insurance Corporation of India Senior Manager Salary
7 - 31 years exp. (7 salaries) | ₹4.2 L/yr - ₹24 L/yr
2%
less | |
 Empower Senior Manager Salary
15 - 18 years exp. (8 salaries) | ₹18 L/yr - ₹38 L/yr
98%
more | |
Latest annual salaries shared by HDFC Life Senior Manager
Experience wise HDFC Life Senior Manager salaries
Last Updated: 21 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 2 years (41 salaries) |
₹11.9
L/yr
- ₹20
L/yr
|
| 3 years (48 salaries) |
₹12
L/yr
- ₹23
L/yr
|
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| |
| 4 years (48 salaries) |
₹8.9
L/yr
- ₹21
L/yr
|
| 5 years (59 salaries) |
₹6
L/yr
- ₹24
L/yr
|
| 6 years (41 salaries) |
₹7.3
L/yr
- ₹24
L/yr
|
Similar Designation salaries in HDFC Life
Top skills at HDFC Life for Senior Manager
Salary related reviews for HDFC Life
Discover interview dos and don'ts from real experiences
Top trending discussions
HDFC Life Senior Manager Salary FAQs
The top 10% of Senior Manager at HDFC Life earn more than ₹20.5 Lakhs per year, and the top 1% earn over ₹25.6 Lakhs per year. Senior 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 500+ HDFC Life employees in India.
- - Senior Management
- - Key Account Management
- - Life Insurance
- - Campaign Management
- - Channel Marketing
These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.
| AIG | ₹18.5 Lakhs to ₹35.1 Lakhs per year |
| Empower | ₹18.0 Lakhs to ₹38.0 Lakhs per year |
| Swiss Re | ₹10.3 Lakhs to ₹45.0 Lakhs per year |
| Allianz | ₹24.0 Lakhs to ₹30.0 Lakhs per year |
| Tata AIA Life Insurance | ₹10.8 Lakhs to ₹42.0 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.
| XL Catlin | ₹24.0 Lakhs to ₹26.0 Lakhs per year |
| Maruti Suzuki Insurance Broking | ₹18.0 Lakhs to ₹33.0 Lakhs per year |
| AXA | ₹20.0 Lakhs to ₹26.5 Lakhs per year |
| Axis Max Life Insurance | ₹8.6 Lakhs to ₹32.0 Lakhs per year |
| ICICI Prudential Life Insurance | ₹11.0 Lakhs to ₹26.9 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.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹11.9 Lakhs to ₹20.0 Lakhs per year |
| 3 years | ₹12.0 Lakhs to ₹23.0 Lakhs per year |
| 4 years | ₹8.9 Lakhs to ₹21.0 Lakhs per year |
| 5 years | ₹6.0 Lakhs to ₹24.0 Lakhs per year |
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HDFC Life Senior Manager Salaries by Location
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HDFC Life Senior Manager salary
in
India
ranges between ₹9
Lakhs to ₹24.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
585
HDFC Life latest salaries received from various employees of
HDFC Life.