HDFC Life Chief Manager Salaries by 100+ Employees (Updated 2024)

Avg. annual salary

₹23 Lakhs

(₹14.3 L/yr - ₹33.1 L/yr)

Monthly in-hand salary

₹ 1.48 Lakh - ₹ 1.53 Lakh

6% more than the average Chief Manager Salary in Insurance Companies for 5 - 20 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Chief Manager Salary 5 - 20 years exp. (27 salaries)	₹22.4 Lakhs ₹16 L/yr - ₹30 L/yr
Strategic & Top Management Chief Manager Salary 5 - 19 years exp. (23 salaries)	₹23.7 Lakhs ₹17 L/yr - ₹30 L/yr
Project & Program Management Chief Manager Salary 5 - 17 years exp. (19 salaries)	₹23.8 Lakhs ₹18.7 L/yr - ₹29.5 L/yr
Customer Success, Service & Operations Chief Manager Salary 5 - 20 years exp. (17 salaries)	₹21.9 Lakhs ₹15 L/yr - ₹30 L/yr
Sales & Business Development Chief Manager Salary 5 - 19 years exp. (14 salaries)	₹23.5 Lakhs ₹18.5 L/yr - ₹31.5 L/yr

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Last Updated: 13 Sep 2024

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Companies similar to HDFC Life for Chief Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Chief Manager Salary 7 - 23 years exp. (67 salaries)	₹24.2 Lakhs ₹14.5 L/yr - ₹40 L/yr 5% more	1 job opening
SBI Life Insurance Company Chief Manager Salary 9 - 20 years exp. (4 salaries)	₹23.4 Lakhs ₹12.5 L/yr - ₹40 L/yr 2% more
Max Life Insurance Chief Manager Salary 11 - 20 years exp. (170 salaries)	₹22 Lakhs ₹10 L/yr - ₹33.4 L/yr 4% less
Bajaj Allianz Life Insurance Chief Manager Salary 7 - 17 years exp. (50 salaries)	₹25.2 Lakhs ₹18 L/yr - ₹42 L/yr 10% more
Kotak Mahindara Life Insurance Chief Manager Salary 0 - 17 years exp. (409 salaries)	₹11.1 Lakhs ₹4.5 L/yr - ₹17.3 L/yr 52% less	1 job opening
Reliance Nippon Life Insurance Chief Manager Salary 6 - 23 years exp. (111 salaries)	₹14.2 Lakhs ₹7 L/yr - ₹25 L/yr 38% less
Bharti AXA Life Insurance Chief Manager Salary 14 - 20 years exp. (4 salaries)	₹13.4 Lakhs ₹13.3 L/yr - ₹15 L/yr 42% less
ICICI Lombard General Insurance Company Chief Manager Salary 2 - 18 years exp. (427 salaries)	₹15.9 Lakhs ₹9.5 L/yr - ₹22 L/yr 31% less	1 job opening
PNB MetLife Chief Manager Salary 8 - 18 years exp. (62 salaries)	₹22.7 Lakhs ₹14 L/yr - ₹30.6 L/yr 1% less
SBI General Insurance Chief Manager Salary 4 - 20 years exp. (54 salaries)	₹16.5 Lakhs ₹11 L/yr - ₹27 L/yr 28% less
Aditya Birla Sun Life Insurance Chief Manager Salary 7 - 19 years exp. (48 salaries)	₹19.9 Lakhs ₹12 L/yr - ₹35 L/yr 13% less
Kotak Mahindra General Insurance Chief Manager Salary 5 - 16 years exp. (49 salaries)	₹13.6 Lakhs ₹8.3 L/yr - ₹18.5 L/yr 41% less
Star Health & Allied Insurance Chief Manager Salary 7 - 20 years exp. (41 salaries)	₹11.8 Lakhs ₹5 L/yr - ₹18.6 L/yr 49% less
HDFC Ergo General Insurance Chief Manager Salary 6 - 16 years exp. (7 salaries)	₹21.3 Lakhs ₹16.9 L/yr - ₹27 L/yr 7% less
Aditya Birla Insurance Brokers Chief Manager Salary 7 - 18 years exp. (6 salaries)	₹19.3 Lakhs ₹11 L/yr - ₹30 L/yr 16% less
Max Financial Services Chief Manager Salary 13 - 14 years exp. (3 salaries)	₹13.1 Lakhs ₹12.7 L/yr - ₹13.4 L/yr 43% less

Average HDFC Life Chief Manager salary in India is ₹23 Lakhs per year for employees with experience between 5 years to 20 years. Chief Manager salary at HDFC Life ranges between ₹14.3 Lakhs to ₹33.1 Lakhs per year. Salary estimates are based on 195 latest salaries received from various employees of HDFC Life.

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Latest annual salaries shared by HDFC Life Chief Manager

4d ago

₹21 Lakhs

5 years exp.

4d ago

₹19 Lakhs

20 years exp.

4d ago

₹22 Lakhs

6 years exp.

1w ago

₹23 Lakhs

19 years exp.

1w ago

₹23 Lakhs

20 years exp.

1w ago

₹20 Lakhs

5 years exp.

1w ago

₹25.7 Lakhs

7 years exp.

2w ago

₹23 Lakhs

6 years exp.

2w ago

₹30 Lakhs

10 years exp.

3w ago

₹29.2 Lakhs

19 years exp.

Experience wise HDFC Life Chief Manager salaries

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
5 years (19 salaries)	₹24.9 Lakhs (₹19.5 L/yr - ₹30 L/yr)
6 years (22 salaries)	₹24.6 Lakhs (₹19.8 L/yr - ₹31.5 L/yr)
7 years (8 salaries)	₹24.4 Lakhs (₹19.8 L/yr - ₹30 L/yr)
8 years (14 salaries)	₹24.1 Lakhs (₹20 L/yr - ₹31 L/yr)
9 years (11 salaries)	₹23.9 Lakhs (₹19 L/yr - ₹33.1 L/yr)
10 years (14 salaries)	₹23.6 Lakhs (₹18.3 L/yr - ₹32 L/yr)
11 years (8 salaries)	₹23.4 Lakhs (₹17.6 L/yr - ₹30 L/yr)
12 years (12 salaries)	₹23.1 Lakhs (₹15 L/yr - ₹29 L/yr)
13 years (5 salaries)	₹22.9 Lakhs (₹15 L/yr - ₹30 L/yr)
14 years (12 salaries)	₹22.6 Lakhs (₹18 L/yr - ₹31.5 L/yr)
15+ years (70 salaries)	₹21.8 Lakhs (₹14.3 L/yr - ₹30 L/yr)

View all

Chief Manager salaries sourced from jobs posted by HDFC Life

Last Updated: 19 Jul 2024

Experience	Avg Annual Salary
6 - 8 years exp	₹12 - ₹ 14.2 Lakhs
8 - 10 years exp	₹16.3 - ₹ 18.5 Lakhs
10 - 12 years exp	₹20.7 - ₹ 22.8 Lakhs
12 - 13 years exp	₹25 - ₹ 25 Lakhs

Note: This salary data is sourced from jobs posted by HDFC Life on Naukri.com. It may vary from salaries reported by employees.

Similar Designation salaries in HDFC Life

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(35 salaries)

₹9.7 Lakhs

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₹4.6 Lakhs

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₹8.2 Lakhs

₹3.77 L/yr - ₹12.2 L/yr

Territory Manager Salary

(209 salaries)

₹13.5 Lakhs

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Operations Manager Salary

(43 salaries)

₹5.2 Lakhs

₹1.45 L/yr - ₹10 L/yr

Area Sales Manager Salary

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Sales Officer Salary

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Top skills at HDFC Life for Chief Manager

Innovation Hive Strategic Planning corporate planning Campaign Management Alliances Strategic Alliances agency AWS SVM GCP Predictive Modeling Machine Learning Content Creation Python

Salary related reviews for HDFC Life

3.3 Rated by 16 employees for salary and benefits

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.

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.

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".

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.

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

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.

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

see more salary related reviews

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HDFC Life Chief Manager Salary FAQs

What is the salary of Chief Manager at HDFC Life?

Average HDFC Life Chief Manager salary in India is ₹23.0 Lakhs for experience between 5 years to 20 years. Chief Manager salary at HDFC Life India ranges between ₹14.3 Lakhs to ₹33.1 Lakhs. According to our estimates it is 6% more than the average Chief Manager Salary in India. Salary estimates are based on 195 latest salaries received from various employees of HDFC Life India.

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

The average salary of a Chief Manager at HDFC Life is ₹23.0 Lakhs per year which is 6% more than average salary of a Chief Manager in India which receives a salary of ₹21.6 Lakhs per year.

What are the top skills required to work as a Chief Manager at HDFC Life?

Innovation, Hive, Strategic Planning, corporate planning and Campaign Management are some of the popular skills required to work as a Chief Manager at HDFC Life India.

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

Bajaj Allianz Life Insurance Chief Manager Salary - 25.2 Lakhs per year
ICICI Prudential Life Insurance Chief Manager Salary - 24.2 Lakhs per year
SBI Life Insurance Company Chief Manager Salary - 23.4 Lakhs per year

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

PNB MetLife Chief Manager Salary - 22.7 Lakhs per year
Max Life Insurance Chief Manager Salary - 22.0 Lakhs per year
HDFC Ergo General Insurance Chief Manager Salary - 21.3 Lakhs per year
Aditya Birla Sun Life Insurance Chief Manager Salary - 19.9 Lakhs per year
Aditya Birla Insurance Brokers Chief Manager Salary - 19.3 Lakhs per year

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

The estimated take home salary of a Chief Manager at HDFC Life ranges between ₹1,47,754 per month to ₹1,53,299 per month in India. The take home salary calculation is based on the average HDFC Life Chief Manager salary in India which is ₹23.0 Lakhs per year for employees with experience between 5 years to 20 years Check how did we calculate take home salary?

How much salary HDFC Life as an employer is offering to a Chief Manager in India?

HDFC Life is offering a Chief Manager a salary in the range of 12 L/yr to 25 L/yr with experience ranging between 6 to 13 years of experience. Salary Estimates are based on the jobs submitted by HDFC Life

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

According to AmbitionBox, 81% of the HDFC Life Chief Managers reported a notice period of 3 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 183 responses on AmbitionBox in last 2 years.

HDFC Life Chief Manager Salaries by Location

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HDFC Life Chief Manager Salaries

HDFC Life Chief Manager salary in India ranges between ₹₹14.3 Lakhs to ₹₹33.1 Lakhs with an average annual salary of ₹₹23 Lakhs. Salary estimates are based on 195 HDFC Life latest salaries received from various employees of HDFC Life.