HDFC Life Mumbai Senior Territory Manager Salaries by 3 Employees (Updated 2024)

10 - 13 years exp.

₹5.9 Lakhs - ₹12.2 Lakhs

Low Confidence

Salary of majority employees

At par with the average Senior Territory Manager Salary in Insurance Companies for 10 - 13 years of experience

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Last Updated: 17 Jan 2024

Companies similar to HDFC Life for Senior Territory Manager in Mumbai

HDFC Life Senior Territory Manager Salary

10 - 13 years exp. (3 salaries)

₹5.9 L/yr - ₹12.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Senior Territory Manager Salary 5 - 18 years exp. (8 salaries)	₹7.5 L/yr - ₹8.1 L/yr 13% less
Diversey India Hygiene Senior Territory Manager Salary 7 - 13 years exp. (16 salaries)	₹8.8 L/yr - ₹14 L/yr 43% more
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Diversey Senior Territory Manager Salary 5 - 9 years exp. (8 salaries)	₹9 L/yr - ₹13 L/yr 12% more
CARS24 Senior Territory Manager Salary 5 - 10 years exp. (7 salaries)	₹13.7 L/yr - ₹20.5 L/yr 90% more
USHA International Senior Territory Manager Salary 6 - 13 years exp. (7 salaries)	₹5.9 L/yr - ₹10.1 L/yr 19% less

Senior Territory Manager salary at HDFC Life ranges between ₹5.9 Lakhs to ₹12.2 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Territory Manager salaries in Mumbai

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹16.2 L/yr
11 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
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12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹16.9 L/yr
13 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹12.2 L/yr

From

Senior Territory Manager

₹

Lakhs/yr

6 - 15 years exp.

Vice President

₹

Lakhs/yr

19 - 27 years exp.

Senior Territory Manager 6 - 15 years exp.

Associate Vice President 9 - 24 years exp.

291% hike

Vice President 19 - 27 years exp.

39% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Life

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₹6 L/yr - ₹11.9 L/yr

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₹5.21 L/yr - ₹18 L/yr

Senior Sales Manager Salary

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₹4.7 L/yr - ₹7.5 L/yr

Territory Sales Manager Salary

(5 salaries)

₹4.5 L/yr - ₹14 L/yr

Salary related reviews for HDFC Life

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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.

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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

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• posted on 05 May 2024

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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.

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Full Time

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3.0

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Likes

Flexibility of work from home.

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

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... 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.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Life Senior Territory Manager Salary FAQs

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

According to AmbitionBox, 50% of the HDFC Life Senior Territory Managers in Mumbai reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Life Senior Territory Manager Salaries in Mumbai

HDFC Life Senior Territory Manager salary in Mumbai ranges between ₹5.9 Lakhs to ₹12.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.