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

14% 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: 12 Feb 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 90% 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: 12 Feb 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

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

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HDFC Life Senior Risk Management Manager Salary FAQs

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

Senior Risk Management Manager salary at HDFC Life in India ranges between ₹17.0 Lakhs to ₹21.3 Lakhs for experience between 16 years to 18 years. According to our estimates it is 14% less than the average Senior Risk Management Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Senior Risk Management Manager at HDFC Life is 14% less than the average salary of a Senior Risk Management Manager in India. To know exact salary insights, login to view.

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

American Express Senior Risk Management Manager Salary - ₹22.0 Lakhs to ₹44.0 Lakhs per year
Parle Agro Senior Risk Management Manager Salary - ₹22.9 Lakhs to ₹32.5 Lakhs per year

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

HDFC Ergo General Insurance Senior Risk Management Manager Salary - ₹13.3 Lakhs to ₹21.0 Lakhs per year
Aditya Birla Sun Life Insurance Senior Risk Management Manager Salary - ₹14.0 Lakhs to ₹14.5 Lakhs per year
Yes Bank Senior Risk Management Manager Salary - ₹10.6 Lakhs to ₹14.1 Lakhs per year

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 ranges between ₹1,24,299 per month to ₹1,28,129 per month in India. The take-home salary calculation is based on the average HDFC Life Senior Risk Management Manager salary in India which ranges between ₹17.0 Lakhs to ₹21.3 Lakhs per year for employees with experience between 16 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the HDFC Life Senior Risk Management Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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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.