HDFC Ergo General Insurance Bhopal Agency Manager Salaries by 6 Employees

3 - 7 years exp.

₹3 Lakhs - ₹4.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Agency Manager Salary in Insurance Companies for 3 - 7 years of experience

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Salaries in different departments

Marketing & Communication Agency Manager Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr
BFSI, Investments & Trading Agency Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.2 L/yr
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Sales & Business Development Agency Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4 L/yr

Last Updated: 1 Nov 2023

Companies similar to HDFC Ergo General Insurance for Agency Manager in Bhopal

HDFC Ergo General Insurance Agency Manager Salary

3 - 7 years exp. (6 salaries)

₹3 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Agency Manager Salary 0 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 4% less	1 job opening
HDB Financial Services Agency Manager Salary 1 - 10 years exp. (8 salaries)	₹2.7 L/yr - ₹5.1 L/yr 1% less	1 job opening
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ManipalCigna Health Insurance Agency Manager Salary 3 - 10 years exp. (7 salaries)	₹3 L/yr - ₹4 L/yr 5% less
Niva Bupa Health Insurance Company Agency Manager Salary 0 - 8 years exp. (6 salaries)	₹3.5 L/yr - ₹4.1 L/yr 2% more	1 job opening

Agency Manager salary at HDFC Ergo General Insurance ranges between ₹3 Lakhs to ₹4.2 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Agency Manager salaries in Bhopal

Last Updated: 1 Nov 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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5 years (3 salaries)	₹3 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Assistant Agency Manager Salary

(4 salaries)

₹2.75 L/yr - ₹3.7 L/yr

Agency Development Manager Salary

(4 salaries)

₹2.65 L/yr - ₹4 L/yr

Channel Sales Officer Salary

(3 salaries)

₹2.5 L/yr - ₹3 L/yr

Top skills at HDFC Ergo General Insurance for Agency Manager

Insurance Sales Sales Agency Sales Insurance Agent Recruitment General Insurance Agency Channel General Insurance Sales Marketing Health Insurance Agency Management agency development MS Office Casa agency

Salary related reviews for HDFC Ergo General Insurance

2.0

Rated by 2 employees for salary & benefits

Agency Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Oct 2023

3.0

for Salary and Benefits

Likes

The company thinks very highly of its customers

Work satisfaction - Good

Dislikes

company is providing new employees with higher compensation packages than existing employees, without offering any increment to the latter. This can create dissatisfaction among the older employees.

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

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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?

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HDFC Ergo General Insurance Agency Manager Salary FAQs

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

The average salary of a Agency Manager at HDFC Ergo General Insurance in Bhopal typically ranges from ₹3.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Agency Manager in Bhopal at HDFC Ergo General Insurance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Agency 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 6 HDFC Ergo General Insurance employees in India.

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

The estimated take-home salary of a Agency Manager at HDFC Ergo General Insurance in Bhopal typically ranges from ₹27,755 to ₹29,153 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 3 years to 7 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 6 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 Manager at HDFC Ergo General Insurance in Bhopal?

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

- Insurance Sales
- Sales
- Agency Sales
- Insurance
- Agent Recruitment

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 Manager in India?

Niva Bupa Health Insurance Company

₹3.5 Lakhs to ₹4.1 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.

What is the salary of a Agency Manager in companies similar to HDFC Ergo General Insurance in Bhopal?

The salary of a Agency Manager at companies similar to HDFC Ergo General Insurance in Bhopal varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDB Financial Services	₹2.7 Lakhs to ₹5.1 Lakhs per year
HDFC Life	₹3.0 Lakhs to ₹4.0 Lakhs per year
ManipalCigna Health Insurance	₹3.0 Lakhs to ₹4.0 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 Agency Manager at HDFC Ergo General Insurance in Bhopal?

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

Experience	Average Salary Range
3 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
5 years	₹3.0 Lakhs to ₹4.1 Lakhs per year
6 years	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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HDFC Ergo General Insurance Agency Manager Salaries in Bhopal

HDFC Ergo General Insurance Agency Manager salary in Bhopal ranges between ₹3 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.