HDFC Ergo General Insurance Mumbai Agency Development Manager Salaries by 10 Employees

0 - 5 years exp.

₹2.6 Lakhs - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

33% less than the average Agency Development Manager Salary in Insurance Companies for 0 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Agency Development Manager Salary 0 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹3 L/yr
BFSI, Investments & Trading Agency Development Manager Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3 L/yr
Login to view exact salary
Sales & Business Development Agency Development Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.2 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. (10 salaries)

₹2.6 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Agency Development Manager Salary 0 - 12 years exp. (111 salaries)	₹2.4 L/yr - ₹6.5 L/yr 55% more	18 job openings
Star Health & Allied Insurance Agency Development Manager Salary 2 - 10 years exp. (10 salaries)	₹3 L/yr - ₹4.8 L/yr 22% more
Login to view exact salary
Kotak Mahindara Life Insurance Agency Development Manager Salary 2 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹4 L/yr 21% more

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 10 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)	₹2.8 L/yr - ₹3.6 L/yr
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
3 years (4 salaries)	₹2.6 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
5 years (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr

View all

From

Agency Development Manager

₹

Lakhs/yr

0 - 8 years exp.

Area Sales Manager

₹

Lakhs/yr

7 - 17 years exp.

Agency Development Manager

0 - 8 years exp.

Assistant Manager

1 - 13 years exp.

47% hike

Deputy Manager

0 - 13 years exp.

20% hike

From

View 5 more levels

Agency Development Manager

0 - 8 years exp.

Deputy Vice President

14 - 22 years exp.

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.

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary

(260 salaries)

₹3 L/yr - ₹10.25 L/yr

Area Sales Manager Salary

(15 salaries)

₹5.13 L/yr - ₹19.75 L/yr

Top skills at HDFC Ergo General Insurance for Agency Development Manager

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

Salary related reviews for HDFC Ergo General Insurance

Agency Development Manager in Varanasi

Finance & Accounting Department

4.0

• posted on 29 Nov 2017

2.0

for Salary and Benefits

Likes

Company is very good for those who need time to learn the working although the salary structure is not up to the mark.

Skill development - Good

+3 more

Dislikes

Selection process is not very okay as the company does not mind the eligibility and it's suitability with the post.

Salary - Poor

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 26 Nov 2024

3.0

for Salary and Benefits

Likes

Employee can manage his/her work life balance at this organization.

Job security - Excellent

+2 more

Dislikes

...the cost cutting which effects Employee's conveyance, variable, appraisals etc.. This means Ergo has to improve the adequate pay scale as per Employee's skills and performance.

Skill development - Poor

+1 more

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.

Salary - Bad

+6 more

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.

Salary - Excellent

+6 more

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

Salary - Excellent

+6 more

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about HDFC Ergo General Insurance?

Ask anonymously on communities.

HDFC Ergo General Insurance Agency Development Manager Salary FAQs

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

The average salary of a Agency Development Manager at HDFC Ergo General Insurance in Mumbai typically ranges from ₹2.6 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Agency Development Manager in Mumbai at HDFC Ergo General Insurance earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Agency Development Manager Salaries at HDFC Ergo General Insurance 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 10 HDFC Ergo General Insurance employees in India.

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 in Mumbai typically ranges from ₹21,735 to ₹23,223 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 5 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 10 salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Agency Development Manager at HDFC Ergo General Insurance in Mumbai?

To be a Agency Development Manager at HDFC Ergo General Insurance in Mumbai, the key skills required include:

- Agency Sales
- Insurance Sales
- Agency Channel
- Health Insurance
- agency development

These skills are highly valued at HDFC Ergo General Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Ergo General Insurance for Agency Development Manager in India?

Axis Max Life Insurance	₹2.4 Lakhs to ₹6.5 Lakhs per year
Star Health & Allied Insurance	₹3.0 Lakhs to ₹4.8 Lakhs per year
Kotak Mahindara Life Insurance	₹2.2 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Ergo General Insurance, depending on the role and experience level.

How the salary growth look like for a Agency Development Manager at HDFC Ergo General Insurance in Mumbai?

The salary growth for a Agency Development Manager at HDFC Ergo General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Agency Development Manager in Mumbai can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience	Average Salary Range
Fresher	₹2.8 Lakhs to ₹3.6 Lakhs per year
1 year	₹2.8 Lakhs to ₹3.6 Lakhs per year
2 years	₹2.8 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.6 Lakhs to ₹5.5 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
HDFC Ergo General Insurance Salaries >
HDFC Ergo General Insurance Agency Development Manager Salaries >
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 10 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

Agency Development Manager in Varanasi

Deputy Manager in Surat

Branch Manager in Mumbai

Sales Executive in Noida

Sales Officer in Noida

HDFC Ergo General Insurance Agency Development Manager Salary FAQs

Tell us how to improve this page.