HDFC Life Mumbai Team Lead Salaries by 5 Employees (Updated 2025)

5 - 8 years exp.

₹3.3 Lakhs - ₹7 Lakhs

Salary of majority employees

52% less than the average Team Lead Salary in Insurance Companies for 5 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Team Lead Salary 7 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.4 L/yr
Engineering - Software & QA Team Lead Salary 5 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.5 L/yr
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Sales & Business Development Team Lead Salary 8 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹6 L/yr

Last Updated: 6 Oct 2024

Companies similar to HDFC Life for Team Lead in Mumbai

HDFC Life Team Lead Salary

5 - 8 years exp. (5 salaries)

₹3.3 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Team Lead Salary 3 - 9 years exp. (6 salaries)	₹3.6 L/yr - ₹4.8 L/yr 9% less
Kotak Mahindara Life Insurance Team Lead Salary 2 - 8 years exp. (7 salaries)	₹2.2 L/yr - ₹6 L/yr 1% more
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Reliance Nippon Life Insurance Team Lead Salary 1 - 8 years exp. (7 salaries)	₹2.5 L/yr - ₹4.6 L/yr 19% less
ICICI Lombard General Insurance Company Team Lead Salary 1 - 11 years exp. (36 salaries)	₹1.1 L/yr - ₹8.2 L/yr 6% less	1 job opening
HDFC Ergo General Insurance Team Lead Salary 2 - 11 years exp. (18 salaries)	₹2.9 L/yr - ₹5.1 L/yr 19% more
SBI General Insurance Team Lead Salary 2 - 12 years exp. (14 salaries)	₹2.8 L/yr - ₹5 L/yr 4% less
Life Insurance Corporation of India Team Lead Salary 1 - 3 years exp. (4 salaries)	₹1.4 L/yr - ₹2.9 L/yr 40% less
Kotak Mahindra General Insurance Team Lead Salary 3 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹6.1 L/yr 24% more
Star Health & Allied Insurance Team Lead Salary 4 - 9 years exp. (3 salaries)	₹3.1 L/yr - ₹4.5 L/yr 7% less	1 job opening

Team Lead salary at HDFC Life ranges between ₹3.3 Lakhs to ₹7 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Team Lead salaries in Mumbai

Last Updated: 6 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹7 L/yr

Similar Designation salaries in HDFC Life

Senior Associate Salary

(499 salaries)

₹1.05 L/yr - ₹4.6 L/yr

Deputy Manager Salary

(474 salaries)

₹3.5 L/yr - ₹14.4 L/yr

Branch Manager Salary

(32 salaries)

₹5.5 L/yr - ₹12.5 L/yr

Operations Manager Salary

(9 salaries)

₹1.45 L/yr - ₹10 L/yr

Team Manager Salary

(7 salaries)

₹5 L/yr - ₹7.9 L/yr

Top skills at HDFC Life for Team Lead

Life Insurance MS Office Package Power Bi Dashboards Data Analytics VBA Team Leading Macros

Salary related reviews for HDFC Life

3.0

Rated by 1 employees for salary & benefits

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

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".

Job security - Excellent

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.

Salary - Bad

+4 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

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Salary Discussions, Hike & Promotions

2w (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 Team Lead Salary FAQs

What is the salary of Team Lead at HDFC Life Mumbai?

Team Lead salary at HDFC Life in Mumbai ranges between ₹3.3 Lakhs to ₹7.0 Lakhs for experience between 5 years to 8 years. According to our estimates it is 52% less than the average Team Lead Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life Mumbai.

How does the salary of a Team Lead at HDFC Life Mumbai compare with the average salary range for this job?

The average salary of a Team Lead at HDFC Life is 52% less than the average salary of a Team Lead in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Team Lead at HDFC Life?

Life Insurance, MS Office Package, Power Bi, Dashboards and Data Analytics are some of the popular skills required to work as a Team Lead at HDFC Life Mumbai.

Which similar companies are paying more than HDFC Life to a Team Lead in Mumbai?

Kotak Mahindra General Insurance Team Lead Salary - ₹4.2 Lakhs to ₹6.1 Lakhs per year
HDFC Ergo General Insurance Team Lead Salary - ₹2.9 Lakhs to ₹5.1 Lakhs per year
Kotak Mahindara Life Insurance Team Lead Salary - ₹2.2 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Team Lead in companies similar to HDFC Life in Mumbai?

SBI General Insurance Team Lead Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year
ICICI Lombard General Insurance Company Team Lead Salary - ₹1.1 Lakhs to ₹8.2 Lakhs per year
Star Health & Allied Insurance Team Lead Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company Team Lead Salary - ₹3.6 Lakhs to ₹4.8 Lakhs per year
Reliance Nippon Life Insurance Team Lead Salary - ₹2.5 Lakhs to ₹4.6 Lakhs per year

What is the estimated take home salary of a Team Lead at HDFC Life in Mumbai?

The estimated take-home salary of a Team Lead at HDFC Life ranges between ₹31,509 per month to ₹32,800 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Team Lead salary in India which ranges between ₹3.3 Lakhs to ₹7.0 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Team Lead at HDFC Life in Mumbai?

According to AmbitionBox, 75% of the HDFC Life Team Leads in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Team Lead salary in Mumbai ranges between ₹3.3 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Life latest salaries received from various employees of HDFC Life.