HDFC Life Wealth Manager Salaries by 4 Employees (Updated 2024)

5 - 14 years exp.

₹4.5 Lakhs - ₹5.3 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Wealth Manager Salary in Insurance Companies for 5 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Wealth Manager Salary 14 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
Finance & Accounting Wealth Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.8 L/yr
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Marketing & Communication Wealth Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 1 Aug 2024

Companies similar to HDFC Life for Wealth Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Wealth Manager Salary 0 - 3 years exp. (4 salaries)	₹4 L/yr - ₹5.2 L/yr 5% less
SBI Life Insurance Company Wealth Manager Salary 3 - 7 years exp. (3 salaries)	₹3.2 L/yr - ₹7.5 L/yr 1% less
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Max Life Insurance Wealth Manager Salary 2 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹5.5 L/yr 3% more
Kotak Mahindara Life Insurance Wealth Manager Salary 10 - 13 years exp. (4 salaries)	₹5.5 L/yr - ₹10 L/yr 74% more
Bajaj Allianz Life Insurance Wealth Manager Salary 1 - 9 years exp. (13 salaries)	₹4.8 L/yr - ₹8.8 L/yr 48% more
Tata AIA Life Insurance Wealth Manager Salary 0 - 6 years exp. (7 salaries)	₹3 L/yr - ₹6 L/yr 15% less
Aditya Birla Sun Life Insurance Wealth Manager Salary 0 - 3 years exp. (3 salaries)	₹4.5 L/yr - ₹9 L/yr 32% more
Shriram Life Insurance Wealth Manager Salary 5 - 11 years exp. (5 salaries)	₹4.3 L/yr - ₹5.3 L/yr 7% more

Wealth Manager salary at HDFC Life ranges between ₹4.5 Lakhs to ₹5.3 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Wealth Manager salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
14 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 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.

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.

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.

Business Development Manager in Vasai-Virar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 May 2024

3.0

for Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Oct 2023

3.0

for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

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a technical project manager

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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 Wealth Manager Salary FAQs

What is the salary of Wealth Manager at HDFC Life?

Wealth Manager salary at HDFC Life in India ranges between ₹4.5 Lakhs to ₹5.3 Lakhs for experience between 5 years to 14 years. According to our estimates it is 36% less than the average Wealth Manager 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 Wealth Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Wealth Manager at HDFC Life is 36% less than the average salary of a Wealth Manager in India. To know exact salary insights, login to view.

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

Kotak Mahindara Life Insurance Wealth Manager Salary - ₹5.5 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz Life Insurance Wealth Manager Salary - ₹4.8 Lakhs to ₹8.8 Lakhs per year
Aditya Birla Sun Life Insurance Wealth Manager Salary - ₹4.5 Lakhs to ₹9.0 Lakhs per year
Shriram Life Insurance Wealth Manager Salary - ₹4.3 Lakhs to ₹5.3 Lakhs per year
Max Life Insurance Wealth Manager Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year

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

SBI Life Insurance Company Wealth Manager Salary - ₹3.2 Lakhs to ₹7.5 Lakhs per year
ICICI Prudential Life Insurance Wealth Manager Salary - ₹4.0 Lakhs to ₹5.2 Lakhs per year
Tata AIA Life Insurance Wealth Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Wealth Manager at HDFC Life ranges between ₹35,054 per month to ₹36,293 per month in India. The take-home salary calculation is based on the average HDFC Life Wealth Manager salary in India which ranges between ₹4.5 Lakhs to ₹5.3 Lakhs per year for employees with experience between 5 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the HDFC Life Wealth Managers reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Life Wealth Manager Salaries

HDFC Life Wealth Manager salary in India ranges between ₹4.5 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Life latest salaries received from various employees of HDFC Life.