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

4 - 8 years exp.

₹12 Lakhs - ₹25 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Strategy Manager Salary in Insurance Companies for 4 - 8 years of experience

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Salaries in different departments

Strategic & Top Management Strategy Manager Salary 4 - 8 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹25 L/yr
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Content, Editorial & Journalism Strategy Manager Salary 5 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 11 Jan 2024

Companies similar to HDFC Life for Strategy Manager in Mumbai

HDFC Life Strategy Manager Salary

4 - 8 years exp. (3 salaries)

₹12 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Strategy Manager Salary 2 - 6 years exp. (13 salaries)	₹6.8 L/yr - ₹13 L/yr 46% less
Tata AIA Life Insurance Strategy Manager Salary 3 - 10 years exp. (3 salaries)	₹18 L/yr - ₹21.5 L/yr 4% more
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Reliance General Insurance Strategy Manager Salary 0 - 12 years exp. (22 salaries)	₹4.8 L/yr - ₹10.9 L/yr 62% less
Mahindra & Mahindra Strategy Manager Salary 0 - 9 years exp. (17 salaries)	₹21.5 L/yr - ₹30 L/yr 37% more
Accenture Strategy Manager Salary 7 - 12 years exp. (14 salaries)	₹30 L/yr - ₹61 L/yr 214% more	6 job openings

Strategy Manager salary at HDFC Life ranges between ₹12 Lakhs to ₹25 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Strategy Manager salaries in Mumbai

Last Updated: 11 Jan 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
5 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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8 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr

Similar Designation salaries in HDFC Life

Deputy Manager Salary

(424 salaries)

₹3.5 L/yr - ₹14.4 L/yr

Chief Manager Salary

(156 salaries)

₹14 L/yr - ₹34 L/yr

Product Manager Salary

(60 salaries)

₹7.5 L/yr - ₹20 L/yr

Project Manager Salary

(17 salaries)

₹7.7 L/yr - ₹23 L/yr

Operations Manager Salary

(8 salaries)

₹1.45 L/yr - ₹10 L/yr

General Manager Salary

(6 salaries)

₹20 L/yr - ₹26 L/yr

Senior Strategy Manager Salary

(5 salaries)

₹11.5 L/yr - ₹27 L/yr

Top skills at HDFC Life for Strategy Manager

Corporate Strategy Market Intelligence Program Management Product Management Senior Management

Salary related reviews for HDFC Life

Operations Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Nov 2023

1.0

for Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

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.

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

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.

Deputy General Manager in Bangalore / Bengaluru

IT & Information Security Department

4.0

• posted on 23 May 2022

3.0

for Salary and Benefits

Likes

Very slow growth in career progression and company doesn't spent money and time for people skill development.

Dislikes

Perfect work life balance, but learning curve and salary growth is very below compare to competition.

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

Dislikes

No promotion even after getting good appraisals. Salary can be improvised

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Salary Discussions, Hike & Promotions

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 Strategy Manager Salary FAQs

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

According to AmbitionBox, 100% of the HDFC Life Strategy Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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HDFC Life Strategy Manager Salaries in Mumbai

HDFC Life Strategy Manager salary in Mumbai ranges between ₹12 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Life latest salaries received from various employees of HDFC Life.