HDFC Ergo General Insurance Mumbai Agency Manager Salaries by 8 Employees (Updated 2025)

0 - 7 years exp.

₹2.6 Lakhs - ₹4 Lakhs

Salary of majority employees

11% more than the average Agency Manager Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Agency Manager Salary 0 - 5 years exp. (4 salaries)	₹2.6 L/yr - ₹3.7 L/yr
Sales & Business Development Agency Manager Salary 1 - 7 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr
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Human Resources Agency Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.8 L/yr

Last Updated: 18 Sep 2023

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

HDFC Ergo General Insurance Agency Manager Salary

0 - 7 years exp. (8 salaries)

₹2.6 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance General Insurance Agency Manager Salary 6 - 15 years exp. (5 salaries)	₹4.5 L/yr - ₹7.7 L/yr 20% more
ICICI Prudential Life Insurance Agency Manager Salary 0 - 8 years exp. (59 salaries)	₹2.4 L/yr - ₹5.3 L/yr 7% more
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Aditya Birla Sun Life Insurance Agency Manager Salary 0 - 9 years exp. (30 salaries)	₹2.3 L/yr - ₹3 L/yr 31% less
Max Life Insurance Agency Manager Salary 3 - 14 years exp. (23 salaries)	₹3.5 L/yr - ₹6 L/yr 16% more
Niva Bupa Health Insurance Company Agency Manager Salary 1 - 10 years exp. (16 salaries)	₹3 L/yr - ₹4.6 L/yr 5% more
Care Health Insurance Agency Manager Salary 0 - 10 years exp. (13 salaries)	₹2.5 L/yr - ₹4 L/yr 12% less	1 job opening
Kotak Mahindara Life Insurance Agency Manager Salary 0 - 13 years exp. (5 salaries)	₹2 L/yr - ₹7.4 L/yr 11% less	2 job openings
Reliance Nippon Life Insurance Agency Manager Salary 0 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3.1 L/yr 20% less
Bajaj Allianz Life Insurance Agency Manager Salary 3 - 11 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 29% more
HDFC Life Agency Manager Salary 2 - 7 years exp. (3 salaries)	₹1.8 L/yr - ₹7 L/yr 10% more
Star Health & Allied Insurance Agency Manager Salary 0 - 9 years exp. (3 salaries)	₹3 L/yr - ₹3.6 L/yr 7% less
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Agency Manager salary at HDFC Ergo General Insurance ranges between ₹2.6 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 8 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Agency Manager salaries in Mumbai

Last Updated: 18 Sep 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹6.4 L/yr
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹6.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.6 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹6.6 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.8 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary

(250 salaries)

₹3.5 L/yr - ₹10.25 L/yr

Sales Manager Salary

(28 salaries)

₹3 L/yr - ₹6.5 L/yr

Marketing Manager Salary

(13 salaries)

₹5.95 L/yr - ₹15.5 L/yr

Area Sales Manager Salary

(13 salaries)

₹4.88 L/yr - ₹17.77 L/yr

Branch Manager Salary

(9 salaries)

₹6 L/yr - ₹10.5 L/yr

Area Manager Salary

(3 salaries)

₹7.1 L/yr - ₹11.4 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

3.0

Rated by 1 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

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.

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.

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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HDFC Ergo General Insurance Agency Manager Salary FAQs

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

Agency Manager salary at HDFC Ergo General Insurance in Mumbai ranges between ₹2.6 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 11% more than the average Agency Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of HDFC Ergo General Insurance Mumbai.

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

The average salary of a Agency Manager at HDFC Ergo General Insurance is 11% more than the average salary of a Agency Manager in Mumbai. To know exact salary insights, login to view.

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

Insurance Sales, Sales, Agency Sales, Insurance and Agent Recruitment are some of the popular skills required to work as a Agency Manager at HDFC Ergo General Insurance Mumbai.

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

Bajaj Allianz Life Insurance Agency Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
Reliance General Insurance Agency Manager Salary - ₹4.5 Lakhs to ₹7.7 Lakhs per year
Max Life Insurance Agency Manager Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year
HDFC Life Agency Manager Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance Agency Manager Salary - ₹2.4 Lakhs to ₹5.3 Lakhs per year

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

Niva Bupa Health Insurance Company Agency Manager Salary - ₹3.0 Lakhs to ₹4.6 Lakhs per year
Star Health & Allied Insurance Agency Manager Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
Kotak Mahindara Life Insurance Agency Manager Salary - ₹2.0 Lakhs to ₹7.4 Lakhs per year
Care Health Insurance Agency Manager Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
Reliance Nippon Life Insurance Agency Manager Salary - ₹2.1 Lakhs to ₹3.1 Lakhs per year

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

The estimated take-home salary of a Agency Manager at HDFC Ergo General Insurance ranges between ₹27,547 per month to ₹28,948 per month in Mumbai. The take-home salary calculation is based on the average HDFC Ergo General Insurance Agency Manager salary in India which ranges between ₹2.6 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

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

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

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HDFC Ergo General Insurance Agency Manager Salaries in Mumbai

HDFC Ergo General Insurance Agency Manager salary in Mumbai ranges between ₹2.6 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.