HDFC Ergo General Insurance Area Manager Salaries by 40+ Employees

5 - 20 years exp.

₹6 Lakhs - ₹12.5 Lakhs

Salary of majority employees

8% less than the average Area Manager Salary in Insurance Companies for 5 - 20 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 9 - 20 years exp. (20 salaries)	₹6.8 L/yr - ₹12.5 L/yr
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Sales & Business Development Area Manager Salary 5 - 19 years exp. (13 salaries)	₹6.6 L/yr - ₹12.2 L/yr

Last Updated: 31 Oct 2024

Companies similar to HDFC Ergo General Insurance for Area Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (373 salaries)	₹5.8 L/yr - ₹13.2 L/yr 9% more	30 job openings
Axis Max Life Insurance Area Manager Salary 6 - 18 years exp. (267 salaries)	₹4.2 L/yr - ₹13 L/yr 7% less
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Bajaj Allianz Life Insurance Area Manager Salary 6 - 17 years exp. (212 salaries)	₹5 L/yr - ₹16.5 L/yr 9% more
SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (221 salaries)	₹4.6 L/yr - ₹14.3 L/yr 1% more
Tata AIA Life Insurance Area Manager Salary 6 - 17 years exp. (179 salaries)	₹6 L/yr - ₹17.7 L/yr 29% more	1 job opening
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 10 years exp. (127 salaries)	₹4.5 L/yr - ₹9.3 L/yr 23% less
Reliance Nippon Life Insurance Area Manager Salary 10 - 19 years exp. (84 salaries)	₹9 L/yr - ₹21.4 L/yr 54% more
Shriram Life Insurance Area Manager Salary 6 - 17 years exp. (44 salaries)	₹3.7 L/yr - ₹11 L/yr 28% less
Star Health & Allied Insurance Area Manager Salary 8 - 19 years exp. (47 salaries)	₹5.7 L/yr - ₹22 L/yr 45% more
ICICI Lombard General Insurance Company Area Manager Salary 8 - 17 years exp. (43 salaries)	₹6.8 L/yr - ₹20 L/yr 40% more
HDFC Life Area Manager Salary 10 - 11 years exp. (36 salaries)	₹7.7 L/yr - ₹19 L/yr 35% more
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Kotak Mahindara Life Insurance Area Manager Salary 5 - 24 years exp. (30 salaries)	₹4.7 L/yr - ₹17.5 L/yr 26% more
Aditya Birla Insurance Brokers Area Manager Salary 2 - 9 years exp. (11 salaries)	₹4.5 L/yr - ₹6.3 L/yr 40% less
Kotak Mahindra General Insurance Area Manager Salary 11 - 13 years exp. (5 salaries)	₹10.3 L/yr - ₹17 L/yr 38% more
Spectrum Insurance Distribution Area Manager Salary 4 - 17 years exp. (5 salaries)	₹3.7 L/yr - ₹11 L/yr 14% less
Aegon Religare Life Insurance Area Manager Salary 16 - 20 years exp. (3 salaries)	₹10 L/yr - ₹20 L/yr 50% more

Area Manager salary at HDFC Ergo General Insurance ranges between ₹6 Lakhs to ₹12.5 Lakhs per year for employees with experience between 5 years to 20 years. Salary estimates are based on 40 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Area Manager salaries

Last Updated: 31 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹15.2 L/yr
6 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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7 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
9 years (3 salaries)	₹8 L/yr - ₹10.5 L/yr
10 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.9 L/yr
11 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹12 L/yr
12 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹11.8 L/yr
13 years (3 salaries)	₹8 L/yr - ₹10 L/yr
14 years (4 salaries)	₹7 L/yr - ₹12.5 L/yr
15+ years (22 salaries)	₹6 L/yr - ₹12.3 L/yr

View all

From

Area Manager

5 - 20 years exp.

Regional Manager

11 - 20 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

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Area Sales Manager Salary

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₹4.94 L/yr - ₹17.15 L/yr

Cluster Manager Salary

(21 salaries)

₹4.1 L/yr - ₹13.5 L/yr

Deputy Manager Salary

(1k salaries)

₹3.2 L/yr - ₹10.25 L/yr

Regional Manager Salary

(25 salaries)

₹8 L/yr - ₹23.87 L/yr

Marketing Manager Salary

(15 salaries)

₹5.95 L/yr - ₹15.5 L/yr

Business Manager Salary

(3 salaries)

₹3.9 L/yr - ₹15 L/yr

Territory Manager Salary

(18 salaries)

₹4 L/yr - ₹10 L/yr

Team Lead Salary

(43 salaries)

₹2.5 L/yr - ₹5.43 L/yr

Salary related reviews for HDFC Ergo General Insurance

4.1

Rated by 11 employees for salary & benefits

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.

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.

Salary - Good

+6 more

Dislikes

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

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Ergo General Insurance Area Manager Salary FAQs

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

The average salary of a Area Manager at HDFC Ergo General Insurance in India typically ranges from ₹6.0 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 5 years to 20 years).

The top 10% of Area Manager at HDFC Ergo General Insurance earn more than ₹12.2 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Area 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 40+ HDFC Ergo General Insurance employees in India.

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

The estimated take-home salary of a Area Manager at HDFC Ergo General Insurance in India typically ranges from ₹64,896 to ₹66,552 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 5 years to 20 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 40+ salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Reliance Nippon Life Insurance	₹9.0 Lakhs to ₹21.4 Lakhs per year
Aegon Religare Life Insurance	₹10.0 Lakhs to ₹20.0 Lakhs per year
Star Health & Allied Insurance	₹5.7 Lakhs to ₹22.0 Lakhs per year
ICICI Lombard General Insurance Company	₹6.8 Lakhs to ₹20.0 Lakhs per year
Kotak Mahindra General Insurance	₹10.3 Lakhs to ₹17.0 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.

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

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

HDFC Life	₹7.7 Lakhs to ₹19.0 Lakhs per year
Tata AIA Life Insurance	₹6.0 Lakhs to ₹17.7 Lakhs per year
Kotak Mahindara Life Insurance	₹4.7 Lakhs to ₹17.5 Lakhs per year
ICICI Prudential Life Insurance	₹5.8 Lakhs to ₹13.2 Lakhs per year
Bajaj Allianz Life Insurance	₹5.0 Lakhs to ₹16.5 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 Area Manager at HDFC Ergo General Insurance in India?

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

Experience	Average Salary Range
5 years	₹7.1 Lakhs to ₹15.2 Lakhs per year
6 years	₹7.7 Lakhs to ₹9.8 Lakhs per year
7 years	₹6.6 Lakhs to ₹10.0 Lakhs per year
8 years	₹7.8 Lakhs to ₹9.9 Lakhs per year

and so on.

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HDFC Ergo General Insurance Area Manager Salaries

HDFC Ergo General Insurance Area Manager salary in India ranges between ₹6 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.