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HDFC Life Senior Manager salaries in Mumbai (Updated 2025)

Annual salary range
2 - 18 years exp.
₹7.2 Lakhs - ₹26 Lakhs
Salary of majority employees
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Fixed (87%)
₹13.1 Lakhs
Variable (13%)
₹2.0 Lakhs
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30% less than the average Senior Manager Salary in Insurance Companies for 2 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
2 - 18 years exp. (71 salaries)
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₹7.2 L/yr - ₹24.5 L/yr

Customer Success, Service & Operations
Senior Manager Salary
2 - 18 years exp. (45 salaries)
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₹6.2 L/yr - ₹22 L/yr

Strategic & Top Management
Senior Manager Salary
2 - 18 years exp. (28 salaries)
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₹11.5 L/yr - ₹27.9 L/yr

Sales & Business Development
Senior Manager Salary
2 - 18 years exp. (26 salaries)
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₹6.5 L/yr - ₹26 L/yr

Product Management
Senior Manager Salary
2 - 15 years exp. (25 salaries)
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₹13.6 L/yr - ₹27.5 L/yr

View all

Last Updated: 4 Mar 2025

Companies similar to HDFC Life for Senior Manager in Mumbai

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HDFC Life Senior Manager Salary

2 - 18 years exp. (355 salaries)

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₹7.2 L/yr - ₹26 L/yr

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Company name Avg Annual Salary Open Jobs
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₹10.7 L/yr - ₹27 L/yr

arrow icon 24% more
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₹6.7 L/yr - ₹17 L/yr

arrow icon 17% less
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Axis Max Life Insurance Senior Manager Salary

5 - 16 years exp. (23 salaries)

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₹8.7 L/yr - ₹31.5 L/yr

arrow icon 23% more
1 job opening
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₹8.4 L/yr - ₹18.4 L/yr

arrow icon 19% less
2 job openings
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Tata AIA Life Insurance Senior Manager Salary

7 - 20 years exp. (169 salaries)

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₹10.8 L/yr - ₹40 L/yr

arrow icon 70% more
11 job openings
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₹5 L/yr - ₹15 L/yr

arrow icon 35% less
4 job openings
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₹4 L/yr - ₹12.1 L/yr

arrow icon 52% less
3 job openings
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₹7 L/yr - ₹24 L/yr

arrow icon 8% more
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₹4.9 L/yr - ₹16.8 L/yr

arrow icon 36% less
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₹6.3 L/yr - ₹21 L/yr

arrow icon 21% less
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PNB MetLife Senior Manager Salary

8 - 16 years exp. (31 salaries)

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₹10.7 L/yr - ₹23 L/yr

arrow icon 13% less
2 job openings
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SBI General Insurance Senior Manager Salary

5 - 16 years exp. (29 salaries)

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₹6.5 L/yr - ₹23.3 L/yr

arrow icon 12% less
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₹6.7 L/yr - ₹13 L/yr

arrow icon 35% less
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₹9.4 L/yr - ₹16.2 L/yr

arrow icon 19% less
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Gallagher Senior Manager Salary

10 - 22 years exp. (6 salaries)

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₹8.6 L/yr - ₹20.7 L/yr

arrow icon 13% more
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₹7.3 L/yr - ₹14 L/yr

arrow icon 40% less

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Senior Manager salary at HDFC Life ranges between ₹7.2 Lakhs to ₹26 Lakhs per year for employees with experience between 2 years to 18 years. Salary estimates are based on 355 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Senior Manager in Mumbai

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9 years exp.
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5 years exp.
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Experience wise HDFC Life Senior Manager salaries in Mumbai

Last Updated: 4 Mar 2025

Experience Avg Annual Salary
2 years  (30 salaries)

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₹11.9 L/yr - ₹20 L/yr
3 years  (32 salaries)

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₹13 L/yr - ₹23 L/yr
4 years  (30 salaries)

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₹9 L/yr - ₹21 L/yr
5 years  (33 salaries)

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₹7.3 L/yr - ₹25 L/yr
6 years  (23 salaries)

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₹7.4 L/yr - ₹24 L/yr
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Similar Designation salaries in HDFC Life

Deputy Manager Salary
(477 salaries)
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₹3.5 L/yr - ₹14.4 L/yr
Sales Manager Salary
(93 salaries)
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₹2.2 L/yr - ₹7.5 L/yr
Branch Manager Salary
(30 salaries)
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₹5.5 L/yr - ₹12.5 L/yr
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₹10.59 L/yr - ₹18 L/yr
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₹7 L/yr - ₹8.32 L/yr
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₹4.7 L/yr - ₹7.5 L/yr

Top skills at HDFC Life for Senior Manager

Senior Management Key Account Management Life Insurance Campaign Management Channel Marketing
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Salary related reviews for HDFC Life

3.0

Rated by 31 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 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.

read more
  • Work satisfaction - Bad
  • +2 more

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

read more
  • Skill development - Poor
  • +5 more

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.

read more
  • Salary - Poor
  • +4 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
see more salary related reviews

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HDFC Life Senior Manager Salary FAQs

What is the salary of Senior Manager at HDFC Life Mumbai?
Senior Manager salary at HDFC Life in Mumbai ranges between ₹7.2 Lakhs to ₹26.0 Lakhs for experience between 2 years to 18 years. According to our estimates it is 30% less than the average Senior Manager Salary in India. Salary estimates are based on 355 latest salaries received from various employees of HDFC Life Mumbai.
How does the salary of a Senior Manager at HDFC Life Mumbai compare with the average salary range for this job?
The average salary of a Senior Manager at HDFC Life is 30% less than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Manager at HDFC Life?
Senior Management, Key Account Management, Life Insurance, Campaign Management and Channel Marketing are some of the popular skills required to work as a Senior Manager at HDFC Life Mumbai.
Which similar companies are paying more than HDFC Life to a Senior Manager in Mumbai?
  • Tata AIA Life Insurance Senior Manager Salary - ₹10.8 Lakhs to ₹40.0 Lakhs per year
  • ICICI Prudential Life Insurance Senior Manager Salary - ₹10.7 Lakhs to ₹27.0 Lakhs per year
  • Axis Max Life Insurance Senior Manager Salary - ₹8.7 Lakhs to ₹31.5 Lakhs per year
  • Gallagher Senior Manager Salary - ₹8.6 Lakhs to ₹20.7 Lakhs per year
  • HDFC Ergo General Insurance Senior Manager Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year
What is the salary of a Senior Manager in companies similar to HDFC Life in Mumbai?
  • SBI General Insurance Senior Manager Salary - ₹6.5 Lakhs to ₹23.3 Lakhs per year
  • PNB MetLife Senior Manager Salary - ₹10.7 Lakhs to ₹23.0 Lakhs per year
  • SBI Life Insurance Company Senior Manager Salary - ₹6.7 Lakhs to ₹17.0 Lakhs per year
  • Bajaj Allianz Life Insurance Senior Manager Salary - ₹8.4 Lakhs to ₹18.4 Lakhs per year
  • Aditya Birla Insurance Brokers Senior Manager Salary - ₹9.4 Lakhs to ₹16.2 Lakhs per year
What is the estimated take home salary of a Senior Manager at HDFC Life in Mumbai?
The estimated take-home salary of a Senior Manager at HDFC Life ranges between ₹1,03,911 per month to ₹1,06,759 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Senior Manager salary in India which ranges between ₹7.2 Lakhs to ₹26.0 Lakhs per year for employees with experience between 2 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Senior Manager at HDFC Life in Mumbai?
According to AmbitionBox, 75% of the HDFC Life Senior Managers in Mumbai reported a notice period of 3 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 226 responses on AmbitionBox in last 2 years.

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HDFC Life Senior Manager salary in Mumbai ranges between ₹7.2 Lakhs to ₹26 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 355 HDFC Life latest salaries received from various employees of HDFC Life.