HDFC Life Mumbai Training Manager Salaries by 7 Employees

6 - 8 years exp.

₹5.3 Lakhs - ₹8.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% 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)	₹7 L/yr - ₹8.5 L/yr
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Teaching & Training Training Manager Salary 6 - 8 years exp. (3 salaries)	₹5.3 L/yr - ₹8.8 L/yr

Last Updated: 16 Dec 2024

Companies similar to HDFC Life for Training Manager in Mumbai

HDFC Life Training Manager Salary

6 - 8 years exp. (7 salaries)

₹5.3 L/yr - ₹8.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Training Manager Salary 3 - 16 years exp. (23 salaries)	₹7.8 L/yr - ₹11.8 L/yr 38% more	3 job openings
ICICI Lombard General Insurance Company Training Manager Salary 6 - 12 years exp. (13 salaries)	₹4.4 L/yr - ₹8.5 L/yr 17% less
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Aditya Birla Sun Life Insurance Training Manager Salary 7 - 11 years exp. (13 salaries)	₹6.5 L/yr - ₹11.5 L/yr 17% more
Axis Max Life Insurance Training Manager Salary 6 - 11 years exp. (11 salaries)	₹5 L/yr - ₹9.5 L/yr 7% more
HDFC Ergo General Insurance Training Manager Salary 10 - 18 years exp. (3 salaries)	₹4.5 L/yr - ₹7 L/yr 18% less

Training Manager salary at HDFC Life ranges between ₹5.3 Lakhs to ₹8.7 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.

Experience wise HDFC Life Training Manager salaries in Mumbai

Last Updated: 16 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
7 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
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8 years (3 salaries)	₹6.3 L/yr - ₹7.5 L/yr

From

Training Manager

₹

Lakhs/yr

3 - 17 years exp.

Senior Manager

₹

Lakhs/yr

2 - 20 years exp.

Training Manager

3 - 17 years exp.

Regional Training Manager

5 - 19 years exp.

55% hike

Territory Manager

9 - 20 years exp.

22% hike

From

View 1 more level

Training Manager

3 - 17 years exp.

Zonal Training Manager

16 - 28 years exp.

From

View 3 more levels

Training Manager

3 - 17 years exp.

Associate Head Regional

12 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Life

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(424 salaries)

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Project Manager Salary

(16 salaries)

₹6.56 L/yr - ₹16.5 L/yr

Operations Manager Salary

(9 salaries)

₹1.45 L/yr - ₹10 L/yr

General Manager Salary

(6 salaries)

₹20 L/yr - ₹26 L/yr

Team Lead Salary

(5 salaries)

₹3.26 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

Training Manager in Bhopal

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,

Salary - Poor

+2 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

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

Deputy General Manager in Bangalore / Bengaluru

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.

Deputy Manager in Lower Parel, Mumbai

Full Time

Information Technology Department

4.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Too much pressure, however bigger companies have huge responsibility and always be at top to maintain the market standards and rank

Skill development - Excellent

+1 more

Dislikes

No promotion even after getting good appraisals. Salary can be improvised

Promotions - Poor

+1 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Life Training Manager Salary FAQs

What is the salary of Training Manager at HDFC Life in Mumbai?

The average salary of a Training Manager at HDFC Life in Mumbai typically ranges from ₹5.3 Lakhs to ₹8.7 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Training Manager in Mumbai at HDFC Life earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Training 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 7 HDFC Life employees in India.

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 in Mumbai typically ranges from ₹57,366 to ₹58,808 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹8.7 Lakhs per year for employees with experience ranging from 6 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Training Manager at HDFC Life in Mumbai?

To be a Training Manager at HDFC Life in Mumbai, the key skills required include:

- Insurance Training
- Life Insurance
- Sales Training
- Interpersonal Skills
- Product Training

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Life for Training Manager in India?

Tata AIA Life Insurance	₹7.8 Lakhs to ₹11.8 Lakhs per year
Aditya Birla Sun Life Insurance	₹6.5 Lakhs to ₹11.5 Lakhs per year
Axis Max Life Insurance	₹5.0 Lakhs to ₹9.5 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.

What is the salary of a Training Manager in companies similar to HDFC Life in Mumbai?

The salary of a Training Manager at companies similar to HDFC Life in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company	₹4.4 Lakhs to ₹8.5 Lakhs per year
HDFC Ergo General Insurance	₹4.5 Lakhs to ₹7.0 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.

How the salary growth look like for a Training Manager at HDFC Life in Mumbai?

The salary growth for a Training Manager at HDFC Life in Mumbai depends on factors such as experience, performance, and promotions. On average, a Training Manager in Mumbai can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
6 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
7 years	₹6.6 Lakhs to ₹8.4 Lakhs per year
8 years	₹6.3 Lakhs to ₹7.5 Lakhs per year

and so on.

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HDFC Life Training Manager Salaries in Mumbai

HDFC Life Training Manager salary in Mumbai ranges between ₹5.3 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.