HDFC Life Mumbai Senior Product Manager Salaries by 30+ Employees (Updated 2025)

4 - 10 years exp.

₹13 Lakhs - ₹33 Lakhs

Salary of majority employees

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34% 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. (17 salaries)	Unlock ₹13 L/yr - ₹27 L/yr
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Strategic & Top Management Senior Product Manager Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹20 L/yr - ₹22.5 L/yr

Last Updated: 7 Mar 2025

Companies similar to HDFC Life for Senior Product Manager in Mumbai

HDFC Life Senior Product Manager Salary

4 - 10 years exp. (37 salaries)

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₹13 L/yr - ₹33 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Product Manager Salary 1 - 7 years exp. (10 salaries)	Unlock ₹14.5 L/yr - ₹31 L/yr 3% more
Tata AIA Life Insurance Senior Product Manager Salary 10 - 12 years exp. (3 salaries)	Unlock ₹30 L/yr - ₹32 L/yr 50% more
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ICICI Lombard General Insurance Company Senior Product Manager Salary 0 - 7 years exp. (96 salaries)	Unlock ₹6 L/yr - ₹23.8 L/yr 36% less
HDFC Ergo General Insurance Senior Product Manager Salary 2 - 11 years exp. (8 salaries)	Unlock ₹11.5 L/yr - ₹23 L/yr 1% less
Kotak Mahindra General Insurance Senior Product Manager Salary 6 - 7 years exp. (3 salaries)	Unlock ₹11.9 L/yr - ₹15 L/yr 36% 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 37 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Senior Product Manager in Mumbai

5d ago

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5 years exp.

1w ago

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6 years exp.

1w ago

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7 years exp.

3w ago

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6 years exp.

2mo ago

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4 years exp.

3mo ago

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5 years exp.

4mo ago

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5 years exp.

4mo ago

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6 years exp.

4mo ago

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8 years exp.

5mo ago

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5 years exp.

Experience wise HDFC Life Senior Product Manager salaries in Mumbai

Last Updated: 7 Mar 2025

Experience	Avg Annual Salary
4 years (3 salaries)	Unlock ₹13 L/yr - ₹26 L/yr
5 years (12 salaries)	Unlock ₹13.9 L/yr - ₹31 L/yr
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6 years (11 salaries)	Unlock ₹13 L/yr - ₹27 L/yr
7 years (4 salaries)	Unlock ₹17 L/yr - ₹25 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹38.6 L/yr
9 years (3 salaries)	Unlock ₹18 L/yr - ₹24 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹9.2 L/yr - ₹33 L/yr

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Similar Designation salaries in HDFC Life

Product Manager Salary

(59 salaries)

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₹7.5 L/yr - ₹20 L/yr

Project Manager Salary

(16 salaries)

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₹6.56 L/yr - ₹16.5 L/yr

Lead Product Manager Salary

(6 salaries)

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₹12 L/yr - ₹30 L/yr

Senior Project Manager Salary

(6 salaries)

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₹8.8 L/yr - ₹22.6 L/yr

Associate Product Manager Salary

(6 salaries)

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₹4 L/yr - ₹18 L/yr

Principal Product Manager Salary

(6 salaries)

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₹24.6 L/yr - ₹45 L/yr

Production Manager Salary

(5 salaries)

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₹10.95 L/yr - ₹15.7 L/yr

Digital Product Manager Salary

(3 salaries)

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₹21 L/yr - ₹30 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.

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

Salary - Bad

+5 more

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

Job security - Good

+1 more

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

Skill development - Poor

+2 more

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

Skill development - Excellent

+1 more

Dislikes

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

Promotions - Poor

+1 more

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

Work satisfaction - Excellent

+1 more

Dislikes

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

Skill development - Bad

+2 more

Senior Corporate Agency Manager in Tirunelveli

Full Time

Sales & Business Development Department

4.0

• posted on 28 Feb 2025

3.0

for Salary and Benefits

Likes

In HDFC Life There is time to work life balance. There is no more such pressure about Targets (Depends upon L1 Manager). The brand value is easy to convert among competitors.

Job security - Excellent

+3 more

Dislikes

Salary is very low which is mentioned in payslip. Even HR also didn't know about employees salary. HR department is very week and they didn't care about employees. Very worst department in HDFC LIFE.

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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HDFC Life Senior Product Manager Salary FAQs

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

Senior Product Manager salary at HDFC Life in Mumbai ranges between ₹13.0 Lakhs to ₹33.0 Lakhs for experience between 4 years to 10 years. According to our estimates it is 34% less than the average Senior Product Manager Salary in India. Salary estimates are based on 37 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Senior Product Manager at HDFC Life is 34% less than the average salary of a Senior Product Manager in Mumbai. 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 Mumbai.

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

Tata AIA Life Insurance Senior Product Manager Salary - ₹30.0 Lakhs to ₹32.0 Lakhs per year
ICICI Prudential Life Insurance Senior Product Manager Salary - ₹14.5 Lakhs to ₹31.0 Lakhs per year

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

HDFC Ergo General Insurance Senior Product Manager Salary - ₹11.5 Lakhs to ₹23.0 Lakhs per year
ICICI Lombard General Insurance Company Senior Product Manager Salary - ₹6.0 Lakhs to ₹23.8 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 Mumbai?

The estimated take-home salary of a Senior Product Manager at HDFC Life ranges between ₹1,35,395 per month to ₹1,40,381 per month in Mumbai. 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 in Mumbai?

According to AmbitionBox, 35% of the HDFC Life Senior Product Managers in Mumbai reported a notice period of 1 Month, 30% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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HDFC Life Senior Product Manager Salaries in Mumbai

HDFC Life Senior Product Manager salary in Mumbai ranges between ₹13 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Senior Product Manager salaries in Mumbai (Updated 2025)

Companies similar to HDFC Life for Senior Product Manager in Mumbai

Latest annual salaries shared by HDFC Life Senior Product Manager in Mumbai

Experience wise HDFC Life Senior Product Manager salaries in Mumbai

Similar Designation salaries in HDFC Life

Top skills at HDFC Life for Senior Product Manager

Salary related reviews for HDFC Life

Deputy Manager in Mumbai

Lead Product Manager in Mumbai

Deputy Manager in Lower Parel, Mumbai

Deputy Manager in Bangalore / Bengaluru

Senior Corporate Agency Manager in Tirunelveli

HDFC Life Senior Product Manager Salary FAQs

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