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HDFC Life Senior Manager salaries in New Delhi (Updated 2025)

Annual salary range
2 - 19 years exp.
₹5.4 Lakhs - ₹21.5 Lakhs
Salary of majority employees
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42% less than the average Senior Manager Salary in Insurance Companies for 2 - 19 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
4 - 16 years exp. (8 salaries)
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₹7 L/yr - ₹15 L/yr

Sales & Business Development
Senior Manager Salary
2 - 19 years exp. (6 salaries)
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₹10.4 L/yr - ₹19.7 L/yr

Strategic & Top Management
Senior Manager Salary
3 - 13 years exp. (4 salaries)
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₹12.7 L/yr - ₹21.5 L/yr

Customer Success, Service & Operations
Senior Manager Salary
13 - 18 years exp. (3 salaries)
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₹9 L/yr - ₹13.5 L/yr

Marketing & Communication
Senior Manager Salary
6 - 9 years exp. (3 salaries)
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₹11 L/yr - ₹15.2 L/yr

View all

Last Updated: 22 Mar 2025

Companies similar to HDFC Life for Senior Manager in New Delhi

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HDFC Life Senior Manager Salary

2 - 19 years exp. (33 salaries)

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₹5.4 L/yr - ₹21.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹5 L/yr - ₹14.1 L/yr

arrow icon 23% less
1 job opening
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₹3.8 L/yr - ₹10 L/yr

arrow icon 53% less
1 job opening
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Axis Max Life Insurance Senior Manager Salary

3 - 17 years exp. (77 salaries)

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₹9 L/yr - ₹30.2 L/yr

arrow icon 39% more
3 job openings
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₹7.8 L/yr - ₹22 L/yr

arrow icon 10% more
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₹11 L/yr - ₹30 L/yr

arrow icon 44% more
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₹8.2 L/yr - ₹22 L/yr

At par
1 job opening
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₹8 L/yr - ₹16.7 L/yr

arrow icon 13% less
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PNB MetLife Senior Manager Salary

6 - 17 years exp. (13 salaries)

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₹4.5 L/yr - ₹17 L/yr

arrow icon 13% less
1 job opening
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₹3.5 L/yr - ₹11.8 L/yr

arrow icon 33% less
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Tata AIA Life Insurance Senior Manager Salary

8 - 13 years exp. (6 salaries)

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₹15 L/yr - ₹24.9 L/yr

arrow icon 82% more
6 job openings
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₹8.5 L/yr - ₹13.4 L/yr

arrow icon 14% less
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₹4.8 L/yr - ₹15 L/yr

arrow icon 32% less
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AIG Senior Manager Salary

11 - 21 years exp. (5 salaries)

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₹27 L/yr - ₹35 L/yr

arrow icon 142% more
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SBI General Insurance Senior Manager Salary

8 - 16 years exp. (4 salaries)

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₹12 L/yr - ₹21.7 L/yr

arrow icon 2% less
Senior Manager salary at HDFC Life ranges between ₹5.4 Lakhs to ₹21.5 Lakhs per year for employees with experience between 2 years to 19 years. Salary estimates are based on 33 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Senior Manager in New Delhi

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9 years exp.
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13 years exp.
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10 years exp.
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4 years exp.
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18 years exp.
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11 years exp.
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8 years exp.

Experience wise HDFC Life Senior Manager salaries in New Delhi

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
2 years  (4 salaries)

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₹14 L/yr - ₹15.7 L/yr
3 years  (4 salaries)

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₹5.8 L/yr - ₹21.5 L/yr
4 years  (3 salaries)

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₹12.5 L/yr - ₹17 L/yr
5 years  (4 salaries)

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₹5.9 L/yr - ₹17 L/yr
6 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹24.2 L/yr
View all

Similar Designation salaries in HDFC Life

Sales Manager Salary
(105 salaries)
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₹2 L/yr - ₹6.85 L/yr
Deputy Manager Salary
(65 salaries)
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₹4.75 L/yr - ₹12 L/yr
Branch Manager Salary
(43 salaries)
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₹6.15 L/yr - ₹12 L/yr
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₹10.15 L/yr - ₹20 L/yr
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₹4.4 L/yr - ₹7.7 L/yr

Top skills at HDFC Life for Senior Manager

Senior Management Key Account Management Life Insurance Campaign Management Channel Marketing

Salary related reviews for HDFC Life

3.1

Rated by 2 employees for salary & benefits

Full Time

 · 

CSR & Social Service Department

4.0
  •  posted on 23 Mar 2025

2.0
 for  Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

read more
  • Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

read more
  • Salary - Poor

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
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 in New Delhi?
The average salary of a Senior Manager at HDFC Life in New Delhi typically ranges from ₹5.4 Lakhs to ₹21.5 Lakhs per year, depending on experience (from 2 years to 19 years).

The top 10% of Senior Manager in New Delhi at HDFC Life earn more than ₹17.4 Lakhs per year, and the top 1% earn over ₹21.5 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 30+ HDFC Life employees in India.
What is the estimated take home salary of a Senior Manager at HDFC Life in New Delhi?
The estimated take-home salary of a Senior Manager at HDFC Life in New Delhi typically ranges from ₹88,841 to ₹91,174 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹21.5 Lakhs per year for employees with experience ranging from 2 years to 19 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.
What are the key skills required to be a Senior Manager at HDFC Life in New Delhi?
To be a Senior Manager at HDFC Life in New Delhi, the key skills required include:

  • - 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.
Which companies offer higher salaries than HDFC Life for Senior Manager in India?
AIG ₹27.0 Lakhs to ₹35.0 Lakhs per year
Tata AIA Life Insurance ₹15.0 Lakhs to ₹24.9 Lakhs per year
ICICI Prudential Life Insurance ₹11.0 Lakhs to ₹30.0 Lakhs per year
Axis Max Life Insurance ₹9.0 Lakhs to ₹30.2 Lakhs per year
HDFC Ergo General Insurance ₹7.8 Lakhs to ₹22.0 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.
What is the salary of a Senior Manager in companies similar to HDFC Life in New Delhi?
The salary of a Senior Manager at companies similar to HDFC Life in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance ₹8.2 Lakhs to ₹22.0 Lakhs per year
SBI General Insurance ₹12.0 Lakhs to ₹21.7 Lakhs per year
PNB MetLife ₹4.5 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹8.0 Lakhs to ₹16.7 Lakhs per year
Kotak Mahindra General Insurance ₹8.5 Lakhs to ₹13.4 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.
How the salary growth look like for a Senior Manager at HDFC Life in New Delhi?
The salary growth for a Senior Manager at HDFC Life in New Delhi depends on factors such as experience, performance, and promotions. On average, a Senior Manager in New Delhi can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
2 years ₹14.0 Lakhs to ₹15.7 Lakhs per year
3 years ₹5.8 Lakhs to ₹21.5 Lakhs per year
4 years ₹12.5 Lakhs to ₹17.0 Lakhs per year
5 years ₹5.9 Lakhs to ₹17.0 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life Senior Manager salary in New Delhi ranges between ₹5.4 Lakhs to ₹21.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 33 HDFC Life latest salaries received from various employees of HDFC Life.