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

4 - 10 years exp.

₹13 Lakhs - ₹33 Lakhs

Salary of majority employees

34% less than the average Senior Product Manager Salary in Insurance Companies for 4 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Product Management Senior Product Manager Salary 4 - 9 years exp. (17 salaries)	₹13 L/yr - ₹27 L/yr
Login to view exact salary
Strategic & Top Management Senior Product Manager Salary 6 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹22.1 L/yr

Last Updated: 8 Jan 2025

Companies similar to HDFC Life for Senior Product Manager in Mumbai

HDFC Life Senior Product Manager Salary

4 - 10 years exp. (36 salaries)

₹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)	₹14.5 L/yr - ₹31 L/yr 1% more
Tata AIA Life Insurance Senior Product Manager Salary 10 - 12 years exp. (3 salaries)	₹30 L/yr - ₹32 L/yr 53% more
Login to view exact salary
ICICI Lombard General Insurance Company Senior Product Manager Salary 0 - 8 years exp. (96 salaries)	₹6 L/yr - ₹20 L/yr 35% less
HDFC Ergo General Insurance Senior Product Manager Salary 2 - 11 years exp. (8 salaries)	₹11.5 L/yr - ₹23 L/yr 1% more
Kotak Mahindra General Insurance Senior Product Manager Salary 6 - 7 years exp. (3 salaries)	₹11.9 L/yr - ₹15 L/yr 35% 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 36 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Product Manager salaries in Mumbai

Last Updated: 8 Jan 2025

Experience	Avg Annual Salary
4 years (3 salaries)	₹13 L/yr - ₹26 L/yr
5 years (12 salaries)	₹13.9 L/yr - ₹31 L/yr
Login to view exact salary
6 years (10 salaries)	₹13 L/yr - ₹27 L/yr
7 years (4 salaries)	₹17 L/yr - ₹25 L/yr
8 years (AmbitionBox Estimate)	₹15 L/yr - ₹37.6 L/yr
9 years (3 salaries)	₹18 L/yr - ₹24 L/yr
10 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹33 L/yr

View all

Similar Designation salaries in HDFC Life

Product Manager Salary

(60 salaries)

₹7.5 L/yr - ₹20 L/yr

Project Manager Salary

(16 salaries)

₹6.56 L/yr - ₹16.5 L/yr

Lead Product Manager Salary

(6 salaries)

₹12 L/yr - ₹30 L/yr

Senior Project Manager Salary

(6 salaries)

₹8.8 L/yr - ₹22.6 L/yr

Associate Product Manager Salary

(6 salaries)

₹4 L/yr - ₹18 L/yr

Principal Product Manager Salary

(6 salaries)

₹24.6 L/yr - ₹45 L/yr

Digital Product Manager Salary

(3 salaries)

₹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

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.

Salary - Poor

+3 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about HDFC Life?

Ask anonymously on communities.

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 36 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
HDFC Ergo General Insurance Senior Product Manager Salary - ₹11.5 Lakhs to ₹23.0 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?

Kotak Mahindra General Insurance Senior Product Manager Salary - ₹11.9 Lakhs to ₹15.0 Lakhs per year
ICICI Lombard General Insurance Company Senior Product Manager Salary - ₹6.0 Lakhs to ₹20.0 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 ₹1,33,104 per month to ₹1,37,986 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, 41% of the HDFC Life Senior Product Managers in Mumbai reported a notice period of 1 Month, 24% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
HDFC Life Salaries >
HDFC Life Senior Product Manager Salaries >
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 36 HDFC Life latest salaries received from various employees of HDFC Life.