HDFC Ergo General Insurance Mumbai Agency Development Manager Salaries by 10+ Employees (Updated 2024)

0 - 5 years exp.

₹2.6 Lakhs - ₹3.5 Lakhs

Salary of majority employees

30% less than the average Agency Development Manager Salary in Insurance Companies for 0 - 5 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Sales & Business Development Agency Development Manager Salary 2 - 5 years exp. (4 salaries)	₹2.6 L/yr - ₹3.4 L/yr
Finance & Accounting Agency Development Manager Salary 0 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹3.2 L/yr
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BFSI, Investments & Trading Agency Development Manager Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3 L/yr
Human Resources Agency Development Manager Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.1 L/yr

Last Updated: 15 Oct 2023

Companies similar to HDFC Ergo General Insurance for Agency Development Manager in Mumbai

HDFC Ergo General Insurance Agency Development Manager Salary

0 - 5 years exp. (12 salaries)

₹2.6 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Max Life Insurance Agency Development Manager Salary 0 - 12 years exp. (120 salaries)	₹2.4 L/yr - ₹6.5 L/yr 46% more	18 job openings
Star Health & Allied Insurance Agency Development Manager Salary 2 - 5 years exp. (7 salaries)	₹3 L/yr - ₹4.8 L/yr 5% more
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Kotak Mahindara Life Insurance Agency Development Manager Salary 0 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹4 L/yr 10% more	3 job openings

Agency Development Manager salary at HDFC Ergo General Insurance ranges between ₹2.6 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 12 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Agency Development Manager salaries in Mumbai

Last Updated: 15 Oct 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.6 L/yr - ₹5.8 L/yr
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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2 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr
3 years (4 salaries)	₹2.6 L/yr - ₹5.7 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5.7 L/yr
5 years (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary

(245 salaries)

₹3 L/yr - ₹10.25 L/yr

Area Sales Manager Salary

(13 salaries)

₹4.88 L/yr - ₹14.9 L/yr

Top skills at HDFC Ergo General Insurance for Agency Development Manager

Agency Sales Insurance Sales Agency Channel Health Insurance agency development Motor Insurance Agent Recruitment General Insurance Sales General Insurance Sales Management Sales

Salary related reviews for HDFC Ergo General Insurance

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Nov 2022

1.0

for Salary and Benefits

Likes

Claims

Dislikes

...what to do and how.. just business without planning. Lack of vision n mission. Comparatively Very low salary and incentives . Software n system upto 1980s. Focus on employee tracking instead of supporting.

Sales Executive in Noida

Full Time

Other Department

5.0

• posted on 14 Jul 2020

5.0

for Salary and Benefits

Likes

Manager are more cooperative , i am happy with management and also they will give salary on time in this pandemic situation.

Dislikes

Everything is fine but i am not happy with my salary. Salary is too low as compared my work. I am too dedicated to my work .

Sales Officer in Noida

Customer Success, Service & Operations Department

5.0

• posted on 10 Jun 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Territory Sales Manager in Bhubaneswar

BFSI, Investments & Trading Department

4.0

• posted on 16 Oct 2020

4.0

for Salary and Benefits

Likes

... company to work with. All employees are supportive from FLS level to top level. Salary, incentive and promotion structure is good which plays a supportive role to encourage the employees.

Dislikes

Employees favouritism is there so no one should expect appraisal on the basis of performance.

Sales Executive in Hubli

BFSI, Investments & Trading Department

5.0

• posted on 05 Sep 2020

3.0

for Salary and Benefits

Likes

...e well..every 3months they will arrange trips.hdfc ergo we were like a family..they will provide on time salary and good bonus.. as a part of HDFC ERGO I personally enjoyed a lot

Dislikes

Nil

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Salary Discussions, Hike & Promotions

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 Ergo General Insurance Agency Development Manager Salary FAQs

What is the salary of Agency Development Manager at HDFC Ergo General Insurance Mumbai?

Agency Development Manager salary at HDFC Ergo General Insurance in Mumbai ranges between ₹2.6 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 30% less than the average Agency Development Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of HDFC Ergo General Insurance Mumbai.

How does the salary of a Agency Development Manager at HDFC Ergo General Insurance Mumbai compare with the average salary range for this job?

The average salary of a Agency Development Manager at HDFC Ergo General Insurance is 30% less than the average salary of a Agency Development Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Agency Development Manager at HDFC Ergo General Insurance?

Agency Sales, Insurance Sales, Agency Channel, Health Insurance and agency development are some of the popular skills required to work as a Agency Development Manager at HDFC Ergo General Insurance Mumbai.

Which similar companies are paying more than HDFC Ergo General Insurance to a Agency Development Manager in Mumbai?

Max Life Insurance Agency Development Manager Salary - ₹2.4 Lakhs to ₹6.5 Lakhs per year
Kotak Mahindara Life Insurance Agency Development Manager Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
Star Health & Allied Insurance Agency Development Manager Salary - ₹3.0 Lakhs to ₹4.8 Lakhs per year

What is the estimated take home salary of a Agency Development Manager at HDFC Ergo General Insurance in Mumbai?

The estimated take-home salary of a Agency Development Manager at HDFC Ergo General Insurance ranges between ₹22,695 per month to ₹24,168 per month in Mumbai. The take-home salary calculation is based on the average HDFC Ergo General Insurance Agency Development Manager salary in India which ranges between ₹2.6 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Agency Development Manager at HDFC Ergo General Insurance in Mumbai?

According to AmbitionBox, 67% of the HDFC Ergo General Insurance Agency Development Managers in Mumbai reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Agency Development Manager Salaries in Mumbai

HDFC Ergo General Insurance Agency Development Manager salary in Mumbai ranges between ₹2.6 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

HDFC Ergo General Insurance Agency Development Manager salaries in Mumbai

Companies similar to HDFC Ergo General Insurance for Agency Development Manager in Mumbai

Latest annual salaries shared by HDFC Ergo General Insurance Agency Development Manager in Mumbai

Experience wise HDFC Ergo General Insurance Agency Development Manager salaries in Mumbai

Similar Designation salaries in HDFC Ergo General Insurance

Top skills at HDFC Ergo General Insurance for Agency Development Manager

Salary related reviews for HDFC Ergo General Insurance

Branch Manager in Mumbai

Sales Executive in Noida

Sales Officer in Noida

Territory Sales Manager in Bhubaneswar

Sales Executive in Hubli

HDFC Ergo General Insurance Agency Development Manager Salary FAQs

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