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HDFC Life Training Manager salaries in Mumbai

Annual salary range
6 - 8 years exp.
₹5.3 Lakhs - ₹8.9 Lakhs
Salary of majority employees
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14% less than the average Training Manager Salary in Insurance Companies for 6 - 8 years of experience

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Salaries in different departments

Finance & Accounting
Training Manager Salary
6 - 8 years exp. (3 salaries)
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₹7 L/yr - ₹8.8 L/yr

Teaching & Training
Training Manager Salary
6 - 8 years exp. (3 salaries)
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₹5.3 L/yr - ₹9.1 L/yr

Last Updated: 16 Dec 2024

Companies similar to HDFC Life for Training Manager in Mumbai

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HDFC Life Training Manager Salary

6 - 8 years exp. (7 salaries)

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₹5.3 L/yr - ₹8.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Max Life Insurance Training Manager Salary

6 - 11 years exp. (9 salaries)

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₹5 L/yr - ₹9.5 L/yr

arrow icon 1% more
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Tata AIA Life Insurance Training Manager Salary

6 - 16 years exp. (16 salaries)

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₹8 L/yr - ₹11.8 L/yr

arrow icon 28% more
8 job openings
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₹4.4 L/yr - ₹8.5 L/yr

arrow icon 16% less
1 job opening
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₹5.2 L/yr - ₹10 L/yr

arrow icon 15% more
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₹4.5 L/yr - ₹7 L/yr

arrow icon 17% less
Training Manager salary at HDFC Life ranges between ₹5.3 Lakhs to ₹8.9 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Training Manager in Mumbai

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7 years exp.
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8 years exp.
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8 years exp.
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8 years exp.
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6 years exp.

Experience wise HDFC Life Training Manager salaries in Mumbai

Last Updated: 16 Dec 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹7.5 L/yr
8 years  (3 salaries)

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₹6.3 L/yr - ₹7.5 L/yr

Similar Designation salaries in HDFC Life

Deputy Manager Salary
(428 salaries)
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₹3.5 L/yr - ₹14.4 L/yr
Project Manager Salary
(16 salaries)
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₹6.56 L/yr - ₹16.5 L/yr
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₹1.45 L/yr - ₹10 L/yr
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₹20 L/yr - ₹26 L/yr
Team Lead Salary
(5 salaries)
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₹3.39 L/yr - ₹7 L/yr

Top skills at HDFC Life for Training Manager

Insurance Training Life Insurance Sales Training Interpersonal Skills Product Training Bancassurance Communication Skills Presentation Skills Sales Life Insurance Leadership Skills Training and Development Team Skills Sales

Salary related reviews for HDFC Life

Full Time

 · 

Other Department

3.0
  •  posted on 03 Sep 2023

2.0
 for  Salary and Benefits

Likes

Stable job, one can work with co for long term. Good HR policies. Female friendly and safe organisation.

  • Skill development - Good
    +2 more

Dislikes

1. Pay structure is poor. The CTC includes the annual bonus. That means for earning your own CTC, one has to earn rating. 2. The managers are poor skilled, knows only to create pressure but don't know to manage pressure. Don't groom the teams. 3. 6 days working. 4. Way behind technically. Huge manual work is still there which can be handled by improved technology. 5. Overall, the co doesn't want to spend money over people, over technology,

read more
  • Salary - Poor
    +2 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

 · 

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

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  • Salary - Bad
    +5 more

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.

read more
  • Salary - Poor
    +3 more

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.

  • Work-life balance - Good

Dislikes

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

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HDFC Life Training Manager Salary FAQs

What is the salary of Training Manager at HDFC Life Mumbai?
Training Manager salary at HDFC Life in Mumbai ranges between ₹5.3 Lakhs to ₹8.9 Lakhs for experience between 6 years to 8 years. According to our estimates it is 14% less than the average Training Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life Mumbai.
How does the salary of a Training Manager at HDFC Life Mumbai compare with the average salary range for this job?
The average salary of a Training Manager at HDFC Life is 14% less than the average salary of a Training Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Training Manager at HDFC Life?
Insurance Training, Life Insurance, Sales Training, Interpersonal Skills and Product Training are some of the popular skills required to work as a Training Manager at HDFC Life Mumbai.
Which similar companies are paying more than HDFC Life to a Training Manager in Mumbai?
  • Tata AIA Life Insurance Training Manager Salary - ₹8.0 Lakhs to ₹11.8 Lakhs per year
  • Aditya Birla Sun Life Insurance Training Manager Salary - ₹5.2 Lakhs to ₹10.0 Lakhs per year
  • Max Life Insurance Training Manager Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
What is the salary of a Training Manager in companies similar to HDFC Life in Mumbai?
  • ICICI Lombard General Insurance Company Training Manager Salary - ₹4.4 Lakhs to ₹8.5 Lakhs per year
  • HDFC Ergo General Insurance Training Manager Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Training Manager at HDFC Life in Mumbai?
The estimated take-home salary of a Training Manager at HDFC Life ranges between ₹56,660 per month to ₹58,082 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Training Manager salary in India which ranges between ₹5.3 Lakhs to ₹8.9 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Training Manager at HDFC Life in Mumbai?
According to AmbitionBox, 40% of the HDFC Life Training Managers in Mumbai reported a notice period of 15 days or less, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Life Training Manager salary in Mumbai ranges between ₹5.3 Lakhs to ₹8.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.