HDFC Life Unit Manager Salaries by 5 Employees (Updated 2025)

1 - 12 years exp.

₹2.1 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

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56% less than the average Unit Manager Salary in Insurance Companies for 1 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Unit Manager Salary 1 - 12 years exp. (4 salaries)	Unlock ₹2.1 L/yr - ₹2.7 L/yr
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Marketing & Communication Unit Manager Salary 2 years exp. (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 8 Mar 2025

Companies similar to HDFC Life for Unit Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Unit Manager Salary 0 - 5 years exp. (548 salaries)	Unlock ₹1.1 L/yr - ₹4.5 L/yr 15% more	36 job openings
SBI Life Insurance Company Unit Manager Salary 0 - 10 years exp. (117 salaries)	Unlock ₹2 L/yr - ₹4.3 L/yr 4% more
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Axis Max Life Insurance Unit Manager Salary 1 - 12 years exp. (4 salaries)	Unlock ₹3.5 L/yr - ₹11.5 L/yr 168% more
Kotak Mahindara Life Insurance Unit Manager Salary 4 - 7 years exp. (4 salaries)	Unlock ₹3.2 L/yr - ₹6.5 L/yr 104% more
Bajaj Allianz Life Insurance Unit Manager Salary 0 - 10 years exp. (5 salaries)	Unlock ₹2.5 L/yr - ₹5.5 L/yr 62% more
Tata AIA Life Insurance Unit Manager Salary 0 - 6 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹6.8 L/yr 27% more
PNB MetLife Unit Manager Salary 1 - 5 years exp. (3 salaries)	Unlock ₹2.1 L/yr - ₹3.8 L/yr 17% more
ICICI Lombard General Insurance Company Unit Manager Salary 1 - 9 years exp. (109 salaries)	Unlock ₹3 L/yr - ₹7 L/yr 90% more
Shriram Life Insurance Unit Manager Salary 0 - 8 years exp. (35 salaries)	Unlock ₹2 L/yr - ₹4.3 L/yr 5% more
SBI General Insurance Unit Manager Salary 4 - 10 years exp. (7 salaries)	Unlock ₹3.9 L/yr - ₹6.7 L/yr 81% more
HDFC Ergo General Insurance Unit Manager Salary 2 - 6 years exp. (6 salaries)	Unlock ₹2.1 L/yr - ₹3.5 L/yr 10% more
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Life Insurance Corporation of India Unit Manager Salary 1 - 27 years exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹5.5 L/yr 30% more
Star Health & Allied Insurance Unit Manager Salary 6 - 9 years exp. (4 salaries)	Unlock ₹2.9 L/yr - ₹4 L/yr 26% more
Kotak Mahindra General Insurance Unit Manager Salary 6 - 14 years exp. (3 salaries)	Unlock ₹3.6 L/yr - ₹5.7 L/yr 72% more

Unit Manager salary at HDFC Life ranges between ₹2.1 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Unit Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹1 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹1 L/yr - ₹2.7 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹3.1 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹3.1 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹3.1 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹3.1 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹3.2 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹5 L/yr

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Salary related reviews for HDFC Life

Senior Associate in Machilipatnam

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.

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.

Promotions - Poor

Senior Associate in Mumbai

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.

Salary - Bad

+6 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

SDM in Goa

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Apr 2023

3.0

for Salary and Benefits

Likes

...l Rules/regulations and values set by the organisation are really praise worthy. Good initial salary package. You will learn communication skills and build confidence but not much technical skills though.

Dislikes

The management staff doesn't really follow what has been preached. You will be verbally harassed for not meeting targets, i have seen senior make fun of people based on their looks. According to the company's rules miss selling is a taboo but managers will force you to sell products by hook or crook to meet targets. You will be made to work extra long hours instead of the promised actual time. if it's a big branch with more competation and god forbid if the competition gets good business, you will be chewed up by your senior's on a private call. My friend was in tears when he got shouted on for not being able to get business and it was only his first month. Overall the framework of the company is nice but whether you will enjoy your work life or not depends on the kind of superiors you get.

Work-life balance - Poor

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

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HDFC Life Unit Manager Salary FAQs

What is the salary of Unit Manager at HDFC Life?

Unit Manager salary at HDFC Life in India ranges between ₹2.1 Lakhs to ₹3.0 Lakhs for experience between 1 years to 12 years. According to our estimates it is 56% less than the average Unit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life India.

How does the salary of a Unit Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Unit Manager at HDFC Life is 56% less than the average salary of a Unit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Unit Manager in India?

Axis Max Life Insurance Unit Manager Salary - ₹3.5 Lakhs to ₹11.5 Lakhs per year
Kotak Mahindara Life Insurance Unit Manager Salary - ₹3.2 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company Unit Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
SBI General Insurance Unit Manager Salary - ₹3.9 Lakhs to ₹6.7 Lakhs per year
Kotak Mahindra General Insurance Unit Manager Salary - ₹3.6 Lakhs to ₹5.7 Lakhs per year

What is the salary of a Unit Manager in companies similar to HDFC Life in India?

Bajaj Allianz Life Insurance Unit Manager Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year
Life Insurance Corporation of India Unit Manager Salary - ₹1.8 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance Unit Manager Salary - ₹2.0 Lakhs to ₹6.8 Lakhs per year
Star Health & Allied Insurance Unit Manager Salary - ₹2.9 Lakhs to ₹4.0 Lakhs per year
PNB MetLife Unit Manager Salary - ₹2.1 Lakhs to ₹3.8 Lakhs per year

What is the estimated take home salary of a Unit Manager at HDFC Life in India?

The estimated take-home salary of a Unit Manager at HDFC Life ranges between ₹18,764 per month to ₹20,446 per month in India. The take-home salary calculation is based on the average HDFC Life Unit Manager salary in India which ranges between ₹2.1 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Unit Manager at HDFC Life?

According to AmbitionBox, 50% of the HDFC Life Unit Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Life Unit Manager Salaries

HDFC Life Unit Manager salary in India ranges between ₹2.1 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Life latest salaries received from various employees of HDFC Life.