HDFC Life Senior Product Manager Salaries by 30+ Employees (Updated 2024)

4 - 10 years exp.

₹13 Lakhs - ₹33 Lakhs

Salary of majority employees

37% less than the average Senior Product Manager Salary in Insurance Companies for 4 - 10 years of experience

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Salaries in different departments

Product Management Senior Product Manager Salary 4 - 9 years exp. (16 salaries)	₹13 L/yr - ₹27 L/yr
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Strategic & Top Management Senior Product Manager Salary 6 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹24 L/yr

Last Updated: 10 Dec 2024

Companies similar to HDFC Life for Senior Product Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Product Manager Salary 1 - 7 years exp. (12 salaries)	₹14.5 L/yr - ₹31 L/yr 11% less
Max Life Insurance Senior Product Manager Salary 5 - 13 years exp. (29 salaries)	₹15 L/yr - ₹32 L/yr 13% more
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Tata AIA Life Insurance Senior Product Manager Salary 10 - 14 years exp. (6 salaries)	₹30 L/yr - ₹32.5 L/yr 44% more
Aditya Birla Sun Life Insurance Senior Product Manager Salary 4 - 10 years exp. (4 salaries)	₹5 L/yr - ₹22 L/yr 31% less
PNB MetLife Senior Product Manager Salary 4 - 9 years exp. (3 salaries)	₹7.8 L/yr - ₹20 L/yr 27% less
ICICI Lombard General Insurance Company Senior Product Manager Salary 0 - 8 years exp. (139 salaries)	₹6 L/yr - ₹20 L/yr 43% less
HDFC Ergo General Insurance Senior Product Manager Salary 2 - 10 years exp. (10 salaries)	₹11 L/yr - ₹23 L/yr 15% less
Star Health & Allied Insurance Senior Product Manager Salary 9 - 17 years exp. (6 salaries)	₹23 L/yr - ₹46.5 L/yr 64% more
Kotak Mahindra General Insurance Senior Product Manager Salary 6 - 7 years exp. (3 salaries)	₹11.9 L/yr - ₹15 L/yr 40% less

Senior Product Manager salary at HDFC Life ranges between ₹13 Lakhs to ₹33 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 39 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Product Manager salaries

Last Updated: 10 Dec 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹13 L/yr - ₹26 L/yr
5 years (13 salaries)	₹13.9 L/yr - ₹31 L/yr
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6 years (11 salaries)	₹13 L/yr - ₹32 L/yr
7 years (3 salaries)	₹17 L/yr - ₹25 L/yr
8 years (3 salaries)	₹15 L/yr - ₹30 L/yr
9 years (4 salaries)	₹18 L/yr - ₹30 L/yr
10 years (AmbitionBox Estimate)	₹23 L/yr - ₹33 L/yr

View all

Similar Designation salaries in HDFC Life

Senior Project Manager Salary

(6 salaries)

₹8.8 L/yr - ₹22.6 L/yr

Lead Product Manager Salary

(6 salaries)

₹12 L/yr - ₹30 L/yr

Digital Product Manager Salary

(4 salaries)

₹21 L/yr - ₹33 L/yr

Principal Product Manager Salary

(7 salaries)

₹20.6 L/yr - ₹41 L/yr

Product Manager Salary

(81 salaries)

₹6.5 L/yr - ₹20 L/yr

Associate Product Manager Salary

(7 salaries)

₹7.21 L/yr - ₹14 L/yr

Assistant Product Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Project Manager Salary

(20 salaries)

₹7.7 L/yr - ₹23 L/yr

Production Manager Salary

(5 salaries)

₹9.5 L/yr - ₹20 L/yr

Product Owner Salary

(AmbitionBox Estimate)

₹10.6 L/yr - ₹13.6 L/yr

Top skills at HDFC Life for Senior Product Manager

Product Management Product Strategy

Salary related reviews for HDFC Life

Deputy Manager in Mumbai

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.

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

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

2.0

for Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

Lead Product Manager in Mumbai

Full Time

Engineering - Software & QA Department

3.0

• posted on 09 Jul 2023

3.0

for Salary and Benefits

Likes

Salary on time Job security

Dislikes

1. Management don't have idea what they want 2. No clarity of work 3. People sitting here from 10 years think they owns the company 4. No supportive colleagues 5. Way of working is not great 6. Lot of internal politics

Deputy Manager in Lower Parel, Mumbai

Full Time

Information Technology Department

4.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Too much pressure, however bigger companies have huge responsibility and always be at top to maintain the market standards and rank

Dislikes

No promotion even after getting good appraisals. Salary can be improvised

Deputy Manager in Bangalore / Bengaluru

Non sales Department

4.0

• posted on 08 Nov 2018

3.0

for Salary and Benefits

Likes

I have lucky enough to have good bosses for having a good work life balance, with 4yrs old kid, this is main thing which is helping me move on being a non sales staff

Dislikes

Still people resign because of bosses at sales team majorly not because of company or salary,

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Life Senior Product Manager Salary FAQs

What is the salary of Senior Product Manager at HDFC Life?

Senior Product Manager salary at HDFC Life in India ranges between ₹13.0 Lakhs to ₹33.0 Lakhs for experience between 4 years to 10 years. According to our estimates it is 37% less than the average Senior Product Manager Salary in India. Salary estimates are based on 39 latest salaries received from various employees of HDFC Life India.

How does the salary of a Senior Product Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Senior Product Manager at HDFC Life is 37% less than the average salary of a Senior Product Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Product Manager at HDFC Life?

Product Management and Product Strategy are some of the popular skills required to work as a Senior Product Manager at HDFC Life India.

Which similar companies are paying more than HDFC Life to a Senior Product Manager in India?

Star Health & Allied Insurance Senior Product Manager Salary - ₹23.0 Lakhs to ₹46.5 Lakhs per year
Tata AIA Life Insurance Senior Product Manager Salary - ₹30.0 Lakhs to ₹32.5 Lakhs per year
Max Life Insurance Senior Product Manager Salary - ₹15.0 Lakhs to ₹32.0 Lakhs per year

What is the salary of a Senior Product Manager in companies similar to HDFC Life in India?

ICICI Prudential Life Insurance Senior Product Manager Salary - ₹14.5 Lakhs to ₹31.0 Lakhs per year
HDFC Ergo General Insurance Senior Product Manager Salary - ₹11.0 Lakhs to ₹23.0 Lakhs per year
PNB MetLife Senior Product Manager Salary - ₹7.8 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Sun Life Insurance Senior Product Manager Salary - ₹5.0 Lakhs to ₹22.0 Lakhs per year
Kotak Mahindra General Insurance Senior Product Manager Salary - ₹11.9 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a Senior Product Manager at HDFC Life in India?

The estimated take-home salary of a Senior Product Manager at HDFC Life ranges between ₹1,41,968 per month to ₹1,47,251 per month in India. The take-home salary calculation is based on the average HDFC Life Senior Product Manager salary in India which ranges between ₹13.0 Lakhs to ₹33.0 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Senior Product Manager at HDFC Life?

According to AmbitionBox, 33% of the HDFC Life Senior Product Managers reported a notice period of 1 Month, 28% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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HDFC Life Senior Product Manager Salaries

HDFC Life Senior Product Manager salary in India ranges between ₹13 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 39 HDFC Life latest salaries received from various employees of HDFC Life.