HDFC Life Vice President (VP) Salaries by 4 Employees (Updated 2024)

12 - 16 years exp.

₹19.5 Lakhs - ₹51 Lakhs

Low Confidence

Salary of majority employees

28% less than the average Vice President (VP) Salary in Insurance Companies for 12 - 16 years of experience

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Last Updated: 24 Sep 2022

Companies similar to HDFC Life for Vice President (VP)

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Vice President (VP) Salary 10 - 17 years exp. (5 salaries)	₹35 L/yr - ₹70 L/yr 51% more
SBI Life Insurance Company Vice President (VP) Salary 14 - 16 years exp. (3 salaries)	₹22 L/yr - ₹35 L/yr 19% less
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Max Life Insurance Vice President (VP) Salary null years exp. (7 salaries)	₹25 L/yr - ₹67 L/yr 43% more
Tata AIA Life Insurance Vice President (VP) Salary 15 years exp. (3 salaries)	₹32 L/yr - ₹90 L/yr 104% more
Swiss Re Vice President (VP) Salary 7 - 12 years exp. (6 salaries)	₹24 L/yr - ₹52.5 L/yr 9% more
HDFC Ergo General Insurance Vice President (VP) Salary 5 - 17 years exp. (4 salaries)	₹22 L/yr - ₹45 L/yr 8% less

Vice President (VP) salary at HDFC Life ranges between ₹19.5 Lakhs to ₹51 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Vice President (VP) salaries

Last Updated: 24 Sep 2022

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹30.6 L/yr - ₹39.1 L/yr
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15+ years (AmbitionBox Estimate)	₹31.7 L/yr - ₹40.5 L/yr

Salary related reviews for HDFC Life

3.5

Rated by 3 employees for salary & benefits

Vice President (VP) in Mumbai Suburban

BFSI, Investments & Trading Department

5.0

• posted on 10 Apr 2021

3.0

for Salary and Benefits

Likes

It’s a thoroughly professional workplace with a lot of transparency in day to day operation. The senior management is always approachable and supportive.

Dislikes

Employee Compensation is really not the best in class inspite of the strong financial background.

HR Manager in Bangalore / Bengaluru

Full Time

Other Department

3.0

• posted on 07 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing great to vouch for, strong in processes only for front line people. HDFC. Salary will br creditrd on time just like other big corporates

Dislikes

No work life balance and respect, tremendous pressure.. Should do work like robot. For managers rules will be bent, for front line employees they will be very rigid with rules. Double standards

Associate in Chennai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 24 Nov 2024

1.0

for Salary and Benefits

Likes

I don't like this company

Dislikes

...meters to do that 4. We lost our work life balance 5 My BP showing High 155 6. Huge pressure less salary 7. manager telling us to give 5 start rating for the company 8. Everyone has engaged to pressuries us to do insurance 9. There is no truth about this. 10. Work life balance worst Customer telling us to withdraw policy but Manager telling us to not to do that.

Senior Corporate Agency Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 08 Nov 2024

4.0

for Salary and Benefits

Likes

Skill development is good more knowledge we gets about product clearly

Dislikes

...nsent about the employee only they listen what our bosses say not to employees, Higher New employees giving higher designation and salary hike instade of give to our old employees

Senior Corporate Agency Manager in Mumbai

Full Time

Other Department

1.0

• posted on 14 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing to like, people keep on absconding, due to no work life balance, irrelevant pressure.

Dislikes

...cy, rejected leaves at last moment even after informing manager 2 months before. * No job security, Manager always ask to resign in front of everyone in team meetings * Bullying regarding salary infront of colleagues, as if paying my salary from their own pocket *

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Life Vice President (VP) Salary FAQs

What is the salary of Vice President (VP) at HDFC Life?

Vice President (VP) salary at HDFC Life in India ranges between ₹19.5 Lakhs to ₹51.0 Lakhs for experience between 12 years to 16 years. According to our estimates it is 28% less than the average Vice President (VP) Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life India.

How does the salary of a Vice President (VP) at HDFC Life India compare with the average salary range for this job?

The average salary of a Vice President (VP) at HDFC Life is 28% less than the average salary of a Vice President (VP) in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Vice President (VP) in India?

Tata AIA Life Insurance Vice President (VP) Salary - ₹32.0 Lakhs to ₹90.0 Lakhs per year
ICICI Prudential Life Insurance Vice President (VP) Salary - ₹35.0 Lakhs to ₹70.0 Lakhs per year
Max Life Insurance Vice President (VP) Salary - ₹25.0 Lakhs to ₹67.0 Lakhs per year
Swiss Re Vice President (VP) Salary - ₹24.0 Lakhs to ₹52.5 Lakhs per year

What is the salary of a Vice President (VP) in companies similar to HDFC Life in India?

HDFC Ergo General Insurance Vice President (VP) Salary - ₹22.0 Lakhs to ₹45.0 Lakhs per year
SBI Life Insurance Company Vice President (VP) Salary - ₹22.0 Lakhs to ₹35.0 Lakhs per year

What is the estimated take home salary of a Vice President (VP) at HDFC Life in India?

The estimated take-home salary of a Vice President (VP) at HDFC Life ranges between ₹2,09,728 per month to ₹2,18,073 per month in India. The take-home salary calculation is based on the average HDFC Life Vice President (VP) salary in India which ranges between ₹19.5 Lakhs to ₹51.0 Lakhs per year for employees with experience between 12 years to 16 years. Check how did we calculate take home salary?

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HDFC Life Vice President (VP) Salaries

HDFC Life Vice President (VP) salary in India ranges between ₹19.5 Lakhs to ₹51 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.

HDFC Life Vice President (VP) salaries in India

Companies similar to HDFC Life for Vice President (VP)

Experience wise HDFC Life Vice President (VP) salaries

Salary related reviews for HDFC Life

Vice President (VP) in Mumbai Suburban

HR Manager in Bangalore / Bengaluru

Associate in Chennai

Senior Corporate Agency Manager in Mumbai

Senior Corporate Agency Manager in Mumbai

HDFC Life Vice President (VP) Salary FAQs

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