HDFC Life Senior Risk Management Manager Salaries by 6 Employees (Updated 2025)

16 - 18 years exp.

₹17 Lakhs - ₹21.3 Lakhs

Low Confidence

Salary of majority employees

Fixed (80%)

₹14.9 Lakhs

Variable (20%)

₹3.7 Lakhs

15% less than the average Senior Risk Management Manager Salary in Insurance Companies for 16 - 18 years of experience

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Salaries in different departments

Risk Management & Compliance Senior Risk Management Manager Salary 16 - 18 years exp. (3 salaries)	₹18.5 L/yr - ₹18.9 L/yr
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BFSI, Investments & Trading Senior Risk Management Manager Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹17.3 L/yr - ₹21.3 L/yr

Last Updated: 15 Mar 2025

Companies similar to HDFC Life for Senior Risk Management Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Sun Life Insurance Senior Risk Management Manager Salary 10 - 12 years exp. (4 salaries)	₹14 L/yr - ₹14.5 L/yr 22% less
HDFC Ergo General Insurance Senior Risk Management Manager Salary 10 - 16 years exp. (3 salaries)	₹13.3 L/yr - ₹21 L/yr 15% less
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American Express Senior Risk Management Manager Salary 2 - 15 years exp. (6 salaries)	₹22 L/yr - ₹44 L/yr 88% more	1 job opening
Parle Agro Senior Risk Management Manager Salary 8 - 11 years exp. (5 salaries)	₹22.9 L/yr - ₹32.5 L/yr 47% more
Yes Bank Senior Risk Management Manager Salary 4 - 11 years exp. (4 salaries)	₹10.6 L/yr - ₹14.1 L/yr 36% less

Senior Risk Management Manager salary at HDFC Life ranges between ₹17 Lakhs to ₹21.3 Lakhs per year for employees with experience between 16 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Risk Management Manager salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
15+ years (6 salaries)	₹17 L/yr - ₹21.3 L/yr
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Salary related reviews for HDFC Life

Senior Associate in Machilipatnam

Full Time

Other Department

4.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

Skill development - Excellent

+2 more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

Promotions - Poor

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

Salary - Bad

+6 more

Senior Associate in Patna

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Low salary structure Unwanted work pressure Dirty politics Zero growth if you're not a politician in the company Non recognition of your good work No incentives even after having huge targets Manual rating system of employees, you will be judged by your amount of buttering not by your performance. Overall very bad work culture

Salary - Bad

+6 more

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

Senior Associate in Ghaziabad

Branch Operations Department

3.0

• posted on 02 Aug 2022

1.0

for Salary and Benefits

Likes

...omplete your assigned task. And it is achievable if proper direction provided. Salary will be on time always no delay.

Job security - Excellent

+1 more

Dislikes

...ay of the month you will have to do work from home and do the revival calling. In branch operations 80% is sales and 20% is operations work but salary will be according to operations.

Salary - Bad

+1 more

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HDFC Life Senior Risk Management Manager Salary FAQs

What is the salary of Senior Risk Management Manager at HDFC Life ?

The average salary of a Senior Risk Management Manager at HDFC Life in India typically ranges from ₹17.0 Lakhs to ₹21.3 Lakhs per year, depending on experience (from 16 years to 18 years).

The top 10% of Senior Risk Management Manager at HDFC Life earn more than ₹21.0 Lakhs per year, and the top 1% earn over ₹21.3 Lakhs per year. Senior Risk Management 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 6 HDFC Life employees in India.

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

The estimated take-home salary of a Senior Risk Management Manager at HDFC Life in India typically ranges from ₹1,24,299 to ₹1,28,129 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹21.3 Lakhs per year for employees with experience ranging from 16 years to 18 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 6 salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Life for Senior Risk Management Manager in India?

American Express	₹22.0 Lakhs to ₹44.0 Lakhs per year
Parle Agro	₹22.9 Lakhs to ₹32.5 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 Risk Management Manager in companies similar to HDFC Life in India?

The salary of a Senior Risk Management Manager at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Ergo General Insurance	₹13.3 Lakhs to ₹21.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹14.0 Lakhs to ₹14.5 Lakhs per year
Yes Bank	₹10.6 Lakhs to ₹14.1 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 Risk Management Manager at HDFC Life in India?

The salary growth for a Senior Risk Management Manager at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Senior Risk Management Manager can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
15 years	₹17.0 Lakhs to ₹21.3 Lakhs per year

and so on.

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HDFC Life Senior Risk Management Manager Salaries

HDFC Life Senior Risk Management Manager salary in India ranges between ₹17 Lakhs to ₹21.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Life latest salaries received from various employees of HDFC Life.