Average annual salary for most employees Fixed vs. variable pay breakdown Estimated monthly take-home salary31% 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.
(71
salaries)
|  ₹7.2 L/yr - ₹22.4 L/yr |
Customer Success, Service & Operations
Senior Manager Salary
2 - 18
years
exp.
(47
salaries)
| ₹6.3 L/yr - ₹22 L/yr |
Login to view exact salary
| |
Strategic & Top Management
Senior Manager Salary
2 - 19
years
exp.
(27
salaries)
| ₹10.8 L/yr - ₹25.9 L/yr |
Sales & Business Development
Senior Manager Salary
2 - 18
years
exp.
(26
salaries)
| ₹6.5 L/yr - ₹26 L/yr |
Product Management
Senior Manager Salary
2 - 15
years
exp.
(24
salaries)
| ₹13.6 L/yr - ₹27.5 L/yr |
Companies similar to HDFC Life for Senior Manager in Mumbai
HDFC Life
Senior Manager Salary
2 - 20 years exp. (360 salaries) |  ₹7.2 L/yr - ₹25 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Senior Manager Salary
0 - 18 years exp. (518 salaries) | ₹5 L/yr - ₹15.1 L/yr 
33%
less | 1 job opening |
 Kotak Mahindara Life Insurance Senior Manager Salary
1 - 15 years exp. (286 salaries) | ₹4 L/yr - ₹14 L/yr
47%
less | 1 job opening |
Login to view exact salary
| ||
 ICICI Prudential Life Insurance Senior Manager Salary
0 - 9 years exp. (284 salaries) | ₹10.7 L/yr - ₹27 L/yr 
25%
more | |
 Tata AIA Life Insurance Senior Manager Salary
8 - 19 years exp. (165 salaries) | ₹10.8 L/yr - ₹40 L/yr
74%
more | 6 job openings |
 HDFC Ergo General Insurance Senior Manager Salary
5 - 19 years exp. (120 salaries) | ₹7 L/yr - ₹24 L/yr
9%
more | |
 Reliance Nippon Life Insurance Senior Manager Salary
0 - 17 years exp. (105 salaries) | ₹5.2 L/yr - ₹18.5 L/yr
29%
less | |
 Aditya Birla Sun Life Insurance Senior Manager Salary
1 - 12 years exp. (44 salaries) | ₹5.1 L/yr - ₹20.4 L/yr
17%
less | |
 PNB MetLife Senior Manager Salary
8 - 16 years exp. (34 salaries) | ₹6.6 L/yr - ₹23 L/yr
7%
less | 1 job opening |
 Bajaj Allianz Life Insurance Senior Manager Salary
3 - 18 years exp. (30 salaries) | ₹8.5 L/yr - ₹28 L/yr
5%
more | 1 job opening |
 SBI General Insurance Senior Manager Salary
5 - 16 years exp. (29 salaries) | ₹6.5 L/yr - ₹23.3 L/yr
10%
less | |
 Axis Max Life Insurance Senior Manager Salary
4 - 16 years exp. (24 salaries) | ₹8.9 L/yr - ₹30.9 L/yr
27%
more | 3 job openings |
Login to view exact salary
| ||
 Kotak Mahindra General Insurance Senior Manager Salary
6 - 16 years exp. (22 salaries) | ₹6.7 L/yr - ₹13 L/yr
34%
less | |
 Aditya Birla Insurance Brokers Senior Manager Salary
5 - 20 years exp. (18 salaries) | ₹9.4 L/yr - ₹16.2 L/yr
18%
less | |
 SBI Life Insurance Company Senior Manager Salary
5 - 14 years exp. (14 salaries) | ₹6.7 L/yr - ₹17 L/yr
15%
less | |
 Gallagher Senior Manager Salary
10 - 22 years exp. (6 salaries) | ₹8.6 L/yr - ₹20.7 L/yr
15%
more | |
 Star Health & Allied Insurance Senior Manager Salary
9 - 12 years exp. (4 salaries) | ₹7.3 L/yr - ₹14 L/yr
36%
less | |
Latest annual salaries shared by HDFC Life Senior Manager in Mumbai
Experience wise HDFC Life Senior Manager salaries in Mumbai
Last Updated: 22 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 2 years (30 salaries) |
₹11.9
L/yr
- ₹20
L/yr
|
| 3 years (32 salaries) |
₹13
L/yr
- ₹23
L/yr
|
Login to view exact salary
| |
| 4 years (30 salaries) |
₹9
L/yr
- ₹21
L/yr
|
| 5 years (32 salaries) |
₹7.3
L/yr
- ₹24
L/yr
|
| 6 years (22 salaries) |
₹7.2
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 in Mumbai at HDFC Life earn more than ₹21.4 Lakhs per year, and the top 1% earn over ₹26.0 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 300+ 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.
| Tata AIA Life Insurance | ₹10.8 Lakhs to ₹40.0 Lakhs per year |
| Axis Max Life Insurance | ₹8.9 Lakhs to ₹30.9 Lakhs per year |
| ICICI Prudential Life Insurance | ₹10.7 Lakhs to ₹27.0 Lakhs per year |
| Gallagher | ₹8.6 Lakhs to ₹20.7 Lakhs per year |
| HDFC Ergo General Insurance | ₹7.0 Lakhs to ₹24.0 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.
| Bajaj Allianz Life Insurance | ₹8.5 Lakhs to ₹28.0 Lakhs per year |
| PNB MetLife | ₹6.6 Lakhs to ₹23.0 Lakhs per year |
| SBI General Insurance | ₹6.5 Lakhs to ₹23.3 Lakhs per year |
| SBI Life Insurance Company | ₹6.7 Lakhs to ₹17.0 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹5.1 Lakhs to ₹20.4 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 | ₹13.0 Lakhs to ₹23.0 Lakhs per year |
| 4 years | ₹9.0 Lakhs to ₹21.0 Lakhs per year |
| 5 years | ₹7.3 Lakhs to ₹24.0 Lakhs per year |
Tell us how to improve this page.
- Home >
- Salaries >
- HDFC Life Salaries >
- HDFC Life Senior Manager Salaries >
- HDFC Life Senior Manager Salaries in Mumbai
HDFC Life Senior Manager salary
in
Mumbai
ranges between ₹7.2
Lakhs to ₹25
Lakhs with an average annual salary of
₹. Salary estimates are based on
360
HDFC Life latest salaries received from various employees of
HDFC Life.