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Annual salary range
0 - 13 years exp.
₹3.1
Lakhs - ₹7
Lakhs
Salary of majority employees
Avg. annual salary
Fixed
₹
Lakhs
Variable
₹
Lakh
Monthly In-hand Salary
Associate Manager Salary at HDFC Life ranges between ₹3.1 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 72 latest salaries...
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71% less than the average Associate Manager Salary in Insurance Companies for 0 - 13 years of experience
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Companies similar to HDFC Life for Associate Manager in Bangalore / Bengaluru
HDFC Life
Associate Manager Salary
0 - 13 years exp. (72 salaries) |  ₹3.1 L/yr - ₹7 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Associate Manager Salary
0 - 5 years exp. (5 salaries) |  ₹3.2 L/yr - ₹5.7 L/yr 
13%
less | |
 Axis Max Life Insurance Associate Manager Salary
3 - 7 years exp. (4 salaries) | ₹1.9 L/yr - ₹6.8 L/yr
22%
less | |
Login to view exact salary
| ||
 Gallagher Associate Manager Salary
11 - 12 years exp. (4 salaries) | ₹16 L/yr - ₹22 L/yr 
263%
more | |
 AXA Associate Manager Salary
8 - 16 years exp. (4 salaries) | ₹13.5 L/yr - ₹24.5 L/yr
271%
more | |
 Swiss Re Associate Manager Salary
5 - 8 years exp. (3 salaries) | ₹18 L/yr - ₹18 L/yr
261%
more | |
 ICICI Lombard General Insurance Company Associate Manager Salary
2 - 4 years exp. (3 salaries) | ₹8 L/yr - ₹12.1 L/yr
66%
more | |
HDFC Life Associate Manager
Salary and Career Growth
From
To
Associate Manager
₹
Lakhs/yr
Lakhs/yr
0 - 13 years exp.
Senior Manager
₹
Lakhs/yr
Lakhs/yr
2 - 20 years exp.
Associate Manager
0 - 13 years exp.
Deputy Manager
2 - 15 years exp.
72% hike
Manager
3 - 16 years exp.
2% hike
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.
Latest annual salaries shared by HDFC Life Associate Manager in Bangalore / Bengaluru
4d ago
₹4
Lakhs
7
years
exp.
5d ago
₹5.4
Lakhs
6
years
exp.
2w ago
₹4.2
Lakhs
7
years
exp.
3w ago
₹6
Lakhs
13
years
exp.
1mo ago
₹4.5
Lakhs
8
years
exp.
1mo ago
6
years
exp.
2mo ago
2
months
exp.
3mo ago
7
years
exp.
3mo ago
6
years
exp.
3mo ago
9
years
exp.
HDFC Life Associate Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹4.2
L/yr
- ₹5.4
L/yr
|
| 1 year (3 salaries) |
₹3.1
L/yr
- ₹5.4
L/yr
|
Login to view exact salary
| |
| 2 years (4 salaries) |
₹4
L/yr
- ₹5
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹4.3
L/yr
- ₹5.5
L/yr
|
| 4 years (12 salaries) |
₹3.1
L/yr
- ₹6.3
L/yr
|
View all salaries by experience
Similar Designation Salaries at HDFC Life
| Similar Designation | Avg. annual salary |
|---|---|
Senior Associate Salary
(38 salaries)
| ₹2.0 L/yr - ₹4.9 L/yr |
Team Lead Salary
(14 salaries)
| ₹1.8 L/yr - ₹8.5 L/yr |
Login to view exact salary
| |
Software Engineer Salary
(6 salaries)
| ₹7 L/yr - ₹15.6 L/yr |
What people are saying about HDFC Life
View All
insurancelelo
works at
Axis Max Life Insurance
MBA regret: Started too low, now what?
I'm 24, MBA grad from Chandigarh University (Distance) in 2024.
No campus placement, so I took a Banca channel job at Aditya Birla Sun Life for 2.75L via walk-in. Hit 100% of targets for 8 months.
Realized freshers were earning more at Tata, Birla, and HDFC Life (upto 4L). Switched to Axis at 3.7L.
Now I regret starting so low. It'll take 1.5-2 years to reach a 5-6L package because I lacked references and campus placement. My initial package messed up my career start. Most companies hike 35-40%. I've lost 2 years despite having the knowledge and skills.
No MBA value. Just regret. What should I do next? Is there any way to monetize my time spent? My potential is asking for more CTC but the initial package messed everything up.
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HDFC Life Associate Manager Salary FAQs
What is the salary of Associate Manager at HDFC Life in Bangalore / Bengaluru?
The average salary of a Associate Manager at HDFC Life in Bangalore / Bengaluru typically ranges from ₹3.1 Lakhs to ₹7.0 Lakhs per year, depending on experience (from Fresher to 13 years).
The top 10% of Associate Manager in Bangalore / Bengaluru at HDFC Life earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹6.9 Lakhs per year. Associate 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 70+ HDFC Life employees in India.
The top 10% of Associate Manager in Bangalore / Bengaluru at HDFC Life earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹6.9 Lakhs per year. Associate 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 70+ HDFC Life employees in India.
What is the estimated take home salary of a Associate Manager at HDFC Life in Bangalore / Bengaluru?
The estimated take-home salary of a Associate Manager at HDFC Life in Bangalore / Bengaluru typically ranges from ₹37,423 to ₹38,627 per month. This is based on the average salary range of
₹3.1 Lakhs to ₹7.0 Lakhs
per year for employees with experience ranging from Fresher to 13 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 70+ 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 Associate Manager at HDFC Life in Bangalore / Bengaluru?
To be a Associate Manager at HDFC Life in Bangalore / Bengaluru, the key skills required include:
These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.
- - Life Insurance
- - Grievance Handling
- - Communication Skills
- - Customer Service
- - General Insurance
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 Associate Manager in India?
| AXA | ₹13.5 Lakhs to ₹24.5 Lakhs per year |
| Gallagher | ₹16.0 Lakhs to ₹22.0 Lakhs per year |
| Swiss Re | ₹18.0 Lakhs to ₹18.0 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹8.0 Lakhs to ₹12.1 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 Associate Manager in companies similar to HDFC Life in Bangalore / Bengaluru?
The salary of a Associate Manager at companies similar to HDFC Life in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| ICICI Prudential Life Insurance | ₹3.2 Lakhs to ₹5.7 Lakhs per year |
| Axis Max Life Insurance | ₹1.9 Lakhs to ₹6.8 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 Associate Manager at HDFC Life in Bangalore / Bengaluru?
The salary growth for a Associate Manager at HDFC Life in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Associate Manager in Bangalore / Bengaluru can expect the following growth trajectory at HDFC Life:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹4.2 Lakhs to ₹5.4 Lakhs per year |
| 1 year | ₹3.1 Lakhs to ₹5.4 Lakhs per year |
| 2 years | ₹4.0 Lakhs to ₹5.0 Lakhs per year |
| 3 years | ₹4.3 Lakhs to ₹5.5 Lakhs per year |
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- HDFC Life Associate Manager Salaries in Bangalore / Bengaluru
HDFC Life Associate Manager salary
in
Bangalore / Bengaluru
ranges between ₹3.1
Lakhs to ₹7
Lakhs with an average annual salary of
₹. Salary estimates are based on
72
HDFC Life latest salaries received from various employees of
HDFC Life.