HDFC Life Mumbai Senior Sales Manager Salaries by 10+ Employees (Updated 2025)

5 - 11 years exp.

₹4.7 Lakhs - ₹7.5 Lakhs

Salary of majority employees

35% less than the average Senior Sales Manager Salary in Insurance Companies for 5 - 11 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Senior Sales Manager Salary 5 - 10 years exp. (6 salaries)	₹4.7 L/yr - ₹7.5 L/yr
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BFSI, Investments & Trading Senior Sales Manager Salary 6 - 8 years exp. (4 salaries)	₹5.9 L/yr - ₹6.5 L/yr

Last Updated: 17 Jan 2024

Companies similar to HDFC Life for Senior Sales Manager in Mumbai

HDFC Life Senior Sales Manager Salary

5 - 11 years exp. (12 salaries)

₹4.7 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Senior Sales Manager Salary 1 - 5 years exp. (10 salaries)	₹3 L/yr - ₹6.3 L/yr 14% less
Bajaj Allianz Life Insurance Senior Sales Manager Salary 0 - 8 years exp. (18 salaries)	₹3 L/yr - ₹4.5 L/yr 49% less	2 job openings
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Tata AIA Life Insurance Senior Sales Manager Salary 4 - 10 years exp. (5 salaries)	₹3.9 L/yr - ₹7.1 L/yr 6% less
Aditya Birla Sun Life Insurance Senior Sales Manager Salary 3 - 11 years exp. (8 salaries)	₹5.1 L/yr - ₹10.7 L/yr 1% less
ICICI Lombard General Insurance Company Senior Sales Manager Salary 4 - 15 years exp. (20 salaries)	₹7 L/yr - ₹12 L/yr 38% more
SBI General Insurance Senior Sales Manager Salary 5 - 11 years exp. (3 salaries)	₹4.5 L/yr - ₹6 L/yr 15% less

Senior Sales Manager salary at HDFC Life ranges between ₹4.7 Lakhs to ₹7.5 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 12 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Sales Manager salaries in Mumbai

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹7.5 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹11 L/yr
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7 years (3 salaries)	₹5.3 L/yr - ₹6.5 L/yr
8 years (4 salaries)	₹4.7 L/yr - ₹6.5 L/yr
9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹11.7 L/yr
11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹11.8 L/yr

View all

Similar Designation salaries in HDFC Life

Sales Manager Salary

(93 salaries)

₹2.2 L/yr - ₹7.5 L/yr

Assistant Sales Manager Salary

(51 salaries)

₹3.2 L/yr - ₹6 L/yr

Branch Manager Salary

(30 salaries)

₹5.5 L/yr - ₹12.5 L/yr

Territory Sales Manager Salary

(5 salaries)

₹4.5 L/yr - ₹14 L/yr

Top skills at HDFC Life for Senior Sales Manager

Insurance Sales Business Development Management Sales Agency Channel Life Insurance Insurance Distribution Network Communication Skills Corporate Sales agency Sales and Marketing Field Sales Claim Settlement Financial Services Agency Sales

Salary related reviews for HDFC Life

Senior Sales Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 27 Sep 2023

2.0

for Salary and Benefits

Likes

...nd especially promotions structure is very much clear and very much transparent. But salary and rest benefits are not upto the mark.

Skill development - Excellent

+5 more

Dislikes

Salary and other benefits are not justified & upto the mark.

Salary - Poor

Senior Sales Manager in Bhopal

Tide Department

1.0

• posted on 23 Aug 2018

3.0

for Salary and Benefits

Likes

Compensation part

Dislikes

Almost every thing.. Like 7 days compulsory working... Office timings morning 9 to 9 at night... No time for families. No training... No induction... No support... Just pressure from zero day...

Skill development - Bad

+5 more

Business Development Manager in Vasai-Virar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 May 2024

3.0

for Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

Work satisfaction - Bad

+2 more

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Oct 2023

3.0

for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

Skill development - Poor

+5 more

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

Salary - Poor

+4 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

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 my previous org.

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HDFC Life Senior Sales Manager Salary FAQs

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

Senior Sales Manager salary at HDFC Life in Mumbai ranges between ₹4.7 Lakhs to ₹7.5 Lakhs for experience between 5 years to 11 years. According to our estimates it is 35% less than the average Senior Sales Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of HDFC Life Mumbai.

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

The average salary of a Senior Sales Manager at HDFC Life is 35% less than the average salary of a Senior Sales Manager in Mumbai. To know exact salary insights, login to view.

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

Insurance Sales, Business Development Management, Sales, Agency Channel and Life Insurance are some of the popular skills required to work as a Senior Sales Manager at HDFC Life Mumbai.

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

ICICI Lombard General Insurance Company Senior Sales Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year

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

Aditya Birla Sun Life Insurance Senior Sales Manager Salary - ₹5.1 Lakhs to ₹10.7 Lakhs per year
Tata AIA Life Insurance Senior Sales Manager Salary - ₹3.9 Lakhs to ₹7.1 Lakhs per year
Kotak Mahindara Life Insurance Senior Sales Manager Salary - ₹3.0 Lakhs to ₹6.3 Lakhs per year
SBI General Insurance Senior Sales Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance Senior Sales Manager Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Senior Sales Manager at HDFC Life ranges between ₹48,375 per month to ₹49,519 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Senior Sales Manager salary in India which ranges between ₹4.7 Lakhs to ₹7.5 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Senior Sales Manager at HDFC Life in Mumbai?

According to AmbitionBox, 63% of the HDFC Life Senior Sales Managers in Mumbai reported a notice period of 1 Month, 12% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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HDFC Life Senior Sales Manager Salaries in Mumbai

HDFC Life Senior Sales Manager salary in Mumbai ranges between ₹4.7 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 HDFC Life latest salaries received from various employees of HDFC Life.