Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary59% 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 |
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| |
Sales & Business Development
Team Manager Salary
4 - 9
years
exp.
(4
salaries)
| ₹5.8 L/yr - ₹9.5 L/yr |
Companies similar to HDFC Life for Team Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Gallagher Team Manager Salary
7 - 14 years exp. (211 salaries) | ₹4.3 L/yr - ₹15 L/yr 
28%
more | |
 ICICI Lombard General Insurance Company Team Manager Salary
2 - 16 years exp. (20 salaries) | ₹2.5 L/yr - ₹11 L/yr
6%
more | |
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| ||
 Star Health & Allied Insurance Team Manager Salary
1 - 8 years exp. (17 salaries) | ₹3 L/yr - ₹7.8 L/yr 
32%
less | |
 Bajaj Allianz Life Insurance Team Manager Salary
0 - 10 years exp. (15 salaries) | ₹2.2 L/yr - ₹11.1 L/yr
1%
more | |
 ICICI Prudential Life Insurance Team Manager Salary
1 - 8 years exp. (12 salaries) | ₹3.8 L/yr - ₹9.6 L/yr
23%
more | |
 HDFC Ergo General Insurance Team Manager Salary
2 - 10 years exp. (12 salaries) | ₹5.8 L/yr - ₹12.4 L/yr
10%
more | |
 Kotak Mahindara Life Insurance Team Manager Salary
0 - 7 years exp. (12 salaries) | ₹1.2 L/yr - ₹7.5 L/yr
25%
less | |
 SBI Life Insurance Company Team Manager Salary
3 - 19 years exp. (11 salaries) | ₹7.5 L/yr - ₹15 L/yr
82%
more | |
 AXA Team Manager Salary
7 - 15 years exp. (10 salaries) | ₹43.6 L/yr - ₹60 L/yr
620%
more | |
 Axis Max Life Insurance Team Manager Salary
6 - 13 years exp. (9 salaries) | ₹5.7 L/yr - ₹11.3 L/yr
65%
more | |
 Tata AIA Life Insurance Team Manager Salary
4 - 15 years exp. (9 salaries) | ₹4 L/yr - ₹16.7 L/yr
45%
more | |
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| ||
 SBI General Insurance Team Manager Salary
0 - 7 years exp. (7 salaries) | ₹3.2 L/yr - ₹11.6 L/yr
1%
less | |
 PNB MetLife Team Manager Salary
2 - 11 years exp. (7 salaries) | ₹4 L/yr - ₹15 L/yr
24%
more | 1 job opening |
 Kotak Mahindra General Insurance Team Manager Salary
3 - 7 years exp. (6 salaries) | ₹5.1 L/yr - ₹8.1 L/yr
2%
more | |
 Aditya Birla Sun Life Insurance Team Manager Salary
3 - 11 years exp. (5 salaries) | ₹5.5 L/yr - ₹12.3 L/yr
19%
more | |
 AIG Team Manager Salary
5 - 13 years exp. (5 salaries) | ₹11.5 L/yr - ₹30 L/yr
164%
more | |
 Reliance Nippon Life Insurance Team Manager Salary
1 - 10 years exp. (4 salaries) | ₹6.9 L/yr - ₹11.5 L/yr
13%
more | |
 Shriram Life Insurance Team Manager Salary
4 - 16 years exp. (4 salaries) | ₹2.5 L/yr - ₹14 L/yr
17%
more | |
 Allianz Team Manager Salary
5 - 16 years exp. (4 salaries) | ₹5.8 L/yr - ₹29.6 L/yr
210%
more | |
 Swiss Re Team Manager Salary
7 - 12 years exp. (3 salaries) | ₹18 L/yr - ₹40 L/yr
320%
more | |
Latest annual salaries shared by HDFC Life Team Manager
Experience wise HDFC Life Team Manager salaries
Last Updated: 1 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹3.5
L/yr
- ₹11.5
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹2.6
L/yr
- ₹11.7
L/yr
|
Login to view exact salary
| |
| 3 years (4 salaries) |
₹3.5
L/yr
- ₹11.9
L/yr
|
| 4 years (4 salaries) |
₹4.8
L/yr
- ₹12
L/yr
|
| 5 years (4 salaries) |
₹5
L/yr
- ₹12
L/yr
|
Similar Designation salaries in HDFC Life
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HDFC Life Team Manager Salary FAQs
The top 10% of Team Manager at HDFC Life earn more than ₹16.2 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Team Manager Salaries at HDFC Life can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 20+ HDFC Life employees in India.
| AXA | ₹43.6 Lakhs to ₹60.0 Lakhs per year |
| Swiss Re | ₹18.0 Lakhs to ₹40.0 Lakhs per year |
| Allianz | ₹5.8 Lakhs to ₹29.6 Lakhs per year |
| AIG | ₹11.5 Lakhs to ₹30.0 Lakhs per year |
| SBI Life Insurance Company | ₹7.5 Lakhs to ₹15.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Life, depending on the role and experience level.
| Axis Max Life Insurance | ₹5.7 Lakhs to ₹11.3 Lakhs per year |
| Tata AIA Life Insurance | ₹4.0 Lakhs to ₹16.7 Lakhs per year |
| Gallagher | ₹4.3 Lakhs to ₹15.0 Lakhs per year |
| PNB MetLife | ₹4.0 Lakhs to ₹15.0 Lakhs per year |
| ICICI Prudential Life Insurance | ₹3.8 Lakhs to ₹9.6 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹3.5 Lakhs to ₹11.5 Lakhs per year |
| 2 years | ₹2.6 Lakhs to ₹11.7 Lakhs per year |
| 3 years | ₹3.5 Lakhs to ₹11.9 Lakhs per year |
| 4 years | ₹4.8 Lakhs to ₹12.0 Lakhs per year |
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HDFC Life Team Manager Salaries by Location
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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
₹. Salary estimates are based on
28
HDFC Life latest salaries received from various employees of
HDFC Life.