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Annual salary range
1 - 10 years exp.
₹4.8
Lakhs - ₹12.5
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary51% 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)
|  ₹4.8 L/yr - ₹9.6 L/yr |
Login to view exact salary
| |
Sales & Business Development
Team Manager Salary
4 - 9
years
exp.
(3
salaries)
| ₹6.4 L/yr - ₹7.2 L/yr |
Companies similar to HDFC Life for Team Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Team Manager Salary
0 - 10 years exp. (17 salaries) | ₹3.8 L/yr - ₹10.5 L/yr 
1%
more | |
 SBI Life Insurance Company Team Manager Salary
3 - 12 years exp. (8 salaries) | ₹7.5 L/yr - ₹17.4 L/yr
42%
more | |
Login to view exact salary
| ||
 Max Life Insurance Team Manager Salary
4 - 13 years exp. (16 salaries) | ₹5.8 L/yr - ₹20.3 L/yr
61%
more | |
 Kotak Mahindara Life Insurance Team Manager Salary
0 - 9 years exp. (13 salaries) | ₹1.2 L/yr - ₹8.7 L/yr 
29%
less | |
 Bajaj Allianz Life Insurance Team Manager Salary
0 - 10 years exp. (13 salaries) | ₹2.2 L/yr - ₹9.8 L/yr
9%
less | |
 Reliance Nippon Life Insurance Team Manager Salary
4 - 13 years exp. (5 salaries) | ₹3.5 L/yr - ₹6.9 L/yr
41%
less | |
 Tata AIA Life Insurance Team Manager Salary
0 - 15 years exp. (8 salaries) | ₹3.8 L/yr - ₹10.7 L/yr
8%
more | |
 Aditya Birla Sun Life Insurance Team Manager Salary
5 - 11 years exp. (4 salaries) | ₹5.5 L/yr - ₹8 L/yr
8%
less | |
 PNB MetLife Team Manager Salary
2 - 11 years exp. (10 salaries) | ₹4.1 L/yr - ₹17.3 L/yr
32%
more | 1 job opening |
 Gallagher Team Manager Salary
7 - 14 years exp. (201 salaries) | ₹5.3 L/yr - ₹15 L/yr
14%
more | 3 job openings |
 Care Health Insurance Team Manager Salary
4 - 10 years exp. (44 salaries) | ₹3.4 L/yr - ₹6.5 L/yr
32%
less | |
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| ||
 ICICI Lombard General Insurance Company Team Manager Salary
2 - 15 years exp. (27 salaries) | ₹4.1 L/yr - ₹15.3 L/yr
26%
more | |
 Star Health & Allied Insurance Team Manager Salary
1 - 8 years exp. (15 salaries) | ₹3 L/yr - ₹7.8 L/yr
41%
less | |
 HDFC Ergo General Insurance Team Manager Salary
3 - 10 years exp. (7 salaries) | ₹5.8 L/yr - ₹12 L/yr
1%
more | |
 Kotak Mahindra General Insurance Team Manager Salary
3 - 7 years exp. (6 salaries) | ₹5.1 L/yr - ₹8.1 L/yr
7%
less | |
 AIG Team Manager Salary
5 - 13 years exp. (5 salaries) | ₹11.5 L/yr - ₹30 L/yr
142%
more | |
 Swiss Re Team Manager Salary
7 - 12 years exp. (3 salaries) | ₹18 L/yr - ₹40 L/yr
285%
more | |
 Shriram Life Insurance Team Manager Salary
4 - 16 years exp. (3 salaries) | ₹2.5 L/yr - ₹10 L/yr
20%
less | |
 AXA Team Manager Salary
8 - 15 years exp. (3 salaries) | ₹25 L/yr - ₹30 L/yr
265%
more | |
Team Manager salary at HDFC Life ranges between ₹4.8
Lakhs
to ₹12.5
Lakhs
per year for employees with experience between 1 year to 10 years. Salary
estimates are based on
23 latest salaries received
from various employees of HDFC Life.
Latest annual salaries shared by HDFC Life Team Manager
4mo ago
5
years
exp.
5mo ago
2
years
exp.
10mo ago
9
years
exp.
11mo ago
4
years
exp.
11mo ago
5
years
exp.
11mo ago
4
years
exp.
11mo ago
3
years
exp.
1y ago
7
years
exp.
1y ago
7
years
exp.
1y ago
10
years
exp.
Experience wise HDFC Life Team Manager salaries
Last Updated: 7 Sep 2024
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹5
L/yr
- ₹13.6
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹3
L/yr
- ₹13.5
L/yr
|
Login to view exact salary
| |
| 3 years (3 salaries) |
₹4.8
L/yr
- ₹13.5
L/yr
|
| 4 years (4 salaries) |
₹4.8
L/yr
- ₹12.5
L/yr
|
| 5 years (4 salaries) |
₹5
L/yr
- ₹12
L/yr
|
View all
Similar Designation salaries in HDFC Life
Top skills at HDFC Life for Team Manager
Team Leading
Salary related reviews for HDFC Life
Discover interview dos and don'ts from real experiences
Top trending discussions
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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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 ₹4.8 Lakhs to ₹12.5 Lakhs for experience between 1 years to 10 years. According to our estimates it is 51% less than the average Team Manager Salary in India. Salary estimates are based on 23 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 51% 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
- AIG Team Manager Salary - ₹11.5 Lakhs to ₹30.0 Lakhs per year
- Max Life Insurance Team Manager Salary - ₹5.8 Lakhs to ₹20.3 Lakhs per year
- SBI Life Insurance Company Team Manager Salary - ₹7.5 Lakhs to ₹17.4 Lakhs per year
What is the salary of a Team Manager in companies similar to HDFC Life in India?
- PNB MetLife Team Manager Salary - ₹4.1 Lakhs to ₹17.3 Lakhs per year
- ICICI Lombard General Insurance Company Team Manager Salary - ₹4.1 Lakhs to ₹15.3 Lakhs per year
- Gallagher Team Manager Salary - ₹5.3 Lakhs to ₹15.0 Lakhs per year
- Tata AIA Life Insurance Team Manager Salary - ₹3.8 Lakhs to ₹10.7 Lakhs per year
- ICICI Prudential Life Insurance Team Manager Salary - ₹3.8 Lakhs to ₹10.5 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 ₹55,375 per month to ₹56,761 per month in India. The take-home salary calculation is based on the average HDFC Life Team Manager salary in India which ranges between ₹4.8 Lakhs to ₹12.5 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, 36% of the HDFC Life Team Managers reported a notice period of 1 Month, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.
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HDFC Life Team Manager Salaries by Location
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HDFC Life Team Manager salary
in
India
ranges between ₹4.8
Lakhs to ₹12.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
23
HDFC Life latest salaries received from various employees of
HDFC Life.