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HDFC Life

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HDFC Life Team Manager salaries in India (Updated 2025)

Annual salary range
1 - 10 years exp.
₹3.5 Lakhs - ₹7.3 Lakhs
Salary of majority employees
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57% less than the average Team Manager Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Team Manager Salary
3 - 7 years exp. (4 salaries)
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₹4.8 L/yr - ₹9.6 L/yr

Sales & Business Development
Team Manager Salary
4 - 9 years exp. (4 salaries)
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₹5.8 L/yr - ₹9.5 L/yr

Last Updated: 1 Mar 2025

Companies similar to HDFC Life for Team Manager

Company name Avg Annual Salary Open Jobs
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₹3.8 L/yr - ₹9.6 L/yr

arrow icon 23% more
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₹7.5 L/yr - ₹20.7 L/yr

arrow icon 78% more
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Axis Max Life Insurance Team Manager Salary

6 - 13 years exp. (9 salaries)

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₹5.7 L/yr - ₹11.3 L/yr

arrow icon 65% more
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₹1.2 L/yr - ₹7.5 L/yr

arrow icon 25% less
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₹3.3 L/yr - ₹12.8 L/yr

arrow icon 18% more
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₹6.9 L/yr - ₹11.5 L/yr

arrow icon 13% more
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Tata AIA Life Insurance Team Manager Salary

4 - 15 years exp. (9 salaries)

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₹4 L/yr - ₹16.7 L/yr

arrow icon 45% more
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₹5.5 L/yr - ₹8 L/yr

arrow icon 1% more
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PNB MetLife Team Manager Salary

0 - 11 years exp. (7 salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 3% more
1 job opening
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Gallagher Team Manager Salary

7 - 14 years exp. (211 salaries)

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₹4.3 L/yr - ₹14 L/yr

arrow icon 27% more
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₹2.5 L/yr - ₹11 L/yr

arrow icon 6% more
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₹3 L/yr - ₹7.8 L/yr

arrow icon 33% less
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HDFC Ergo General Insurance Team Manager Salary

2 - 10 years exp. (12 salaries)

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₹5.8 L/yr - ₹12.4 L/yr

arrow icon 10% more
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SBI General Insurance Team Manager Salary

0 - 7 years exp. (7 salaries)

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₹3.2 L/yr - ₹11.6 L/yr

arrow icon 1% less
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₹5.1 L/yr - ₹8.1 L/yr

arrow icon 2% more
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AIG Team Manager Salary

5 - 13 years exp. (5 salaries)

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₹11.5 L/yr - ₹30 L/yr

arrow icon 164% more
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Shriram Life Insurance Team Manager Salary

4 - 16 years exp. (4 salaries)

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₹2.5 L/yr - ₹14 L/yr

arrow icon 17% more
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Allianz Team Manager Salary

5 - 16 years exp. (4 salaries)

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₹5.8 L/yr - ₹29.6 L/yr

arrow icon 210% more
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Swiss Re Team Manager Salary

7 - 12 years exp. (3 salaries)

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₹18 L/yr - ₹40 L/yr

arrow icon 320% more
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AXA Team Manager Salary

8 - 15 years exp. (3 salaries)

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₹25 L/yr - ₹30 L/yr

arrow icon 299% more
Team Manager salary at HDFC Life ranges between ₹3.5 Lakhs to ₹7.3 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 28 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Team Manager

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7 years exp.
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Experience wise HDFC Life Team Manager salaries

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹11.5 L/yr
2 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹11.7 L/yr
3 years  (4 salaries)

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₹3.5 L/yr - ₹11.9 L/yr
4 years  (4 salaries)

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₹4.8 L/yr - ₹12 L/yr
5 years  (4 salaries)

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₹5 L/yr - ₹12 L/yr
View all

Similar Designation salaries in HDFC Life

Area Manager Salary
(37 salaries)
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₹3.76 L/yr - ₹15.4 L/yr
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₹12 L/yr - ₹25 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹25.2 L/yr - ₹32.2 L/yr
Branch Manager Salary
(262 salaries)
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₹5.25 L/yr - ₹12.5 L/yr
Deputy Manager Salary
(731 salaries)
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₹3.5 L/yr - ₹12.14 L/yr
Team Lead Salary
(58 salaries)
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₹1.35 L/yr - ₹8.5 L/yr
Project Manager Salary
(19 salaries)
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₹6.56 L/yr - ₹18 L/yr
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₹4.5 L/yr - ₹17 L/yr
Cluster Manager Salary
(305 salaries)
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₹5 L/yr - ₹12.25 L/yr
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₹1.45 L/yr - ₹10.43 L/yr

Top skills at HDFC Life for Team Manager

Team Leading
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Salary related reviews for HDFC Life

2.1

Rated by 8 employees for salary & benefits

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.

read more
  • 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.

read more
  • Promotions - Poor

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.

read more
  • Salary - Bad
  • +6 more

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".

read more
  • 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.

read more
  • Salary - Bad
  • +4 more

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.

read more
  • Salary - Poor
  • +4 more

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

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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HDFC Life Team Manager Salary FAQs

What is the salary of Team Manager at HDFC Life?
Team Manager salary at HDFC Life in India ranges between ₹3.5 Lakhs to ₹7.3 Lakhs for experience between 1 years to 10 years. According to our estimates it is 57% less than the average Team Manager Salary in India. Salary estimates are based on 28 latest salaries received from various employees of HDFC Life India.
How does the salary of a Team Manager at HDFC Life India compare with the average salary range for this job?
The average salary of a Team Manager at HDFC Life is 57% less than the average salary of a Team Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Team Manager at HDFC Life?
Team Leading is a popular skill required to work as a Team Manager at HDFC Life.
Which similar companies are paying more than HDFC Life to a Team Manager in India?
  • Swiss Re Team Manager Salary - ₹18.0 Lakhs to ₹40.0 Lakhs per year
  • AXA Team Manager Salary - ₹25.0 Lakhs to ₹30.0 Lakhs per year
  • Allianz Team Manager Salary - ₹5.8 Lakhs to ₹29.6 Lakhs per year
  • AIG Team Manager Salary - ₹11.5 Lakhs to ₹30.0 Lakhs per year
  • SBI Life Insurance Company Team Manager Salary - ₹7.5 Lakhs to ₹20.7 Lakhs per year
What is the salary of a Team Manager in companies similar to HDFC Life in India?
  • Axis Max Life Insurance Team Manager Salary - ₹5.7 Lakhs to ₹11.3 Lakhs per year
  • Tata AIA Life Insurance Team Manager Salary - ₹4.0 Lakhs to ₹16.7 Lakhs per year
  • Gallagher Team Manager Salary - ₹4.3 Lakhs to ₹14.0 Lakhs per year
  • ICICI Prudential Life Insurance Team Manager Salary - ₹3.8 Lakhs to ₹9.6 Lakhs per year
  • Bajaj Allianz Life Insurance Team Manager Salary - ₹3.3 Lakhs to ₹12.8 Lakhs per year
What is the estimated take home salary of a Team Manager at HDFC Life in India?
The estimated take-home salary of a Team Manager at HDFC Life ranges between ₹52,214 per month to ₹53,445 per month in India. The take-home salary calculation is based on the average HDFC Life Team Manager salary in India which ranges between ₹3.5 Lakhs to ₹7.3 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Team Manager at HDFC Life?
According to AmbitionBox, 33% of the HDFC Life Team Managers reported a notice period of 1 Month, 27% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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HDFC Life Team Manager salary in India ranges between ₹3.5 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 28 HDFC Life latest salaries received from various employees of HDFC Life.