HDFC Ergo General Insurance Area Manager Salaries by 40+ Employees (Updated 2024)

7 - 20 years exp.

₹6.6 Lakhs - ₹12.5 Lakhs

Salary of majority employees

At par with the average Area Manager Salary in Insurance Companies for 7 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 9 - 20 years exp. (19 salaries)	₹6.8 L/yr - ₹12.5 L/yr
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Sales & Business Development Area Manager Salary 7 - 19 years exp. (14 salaries)	₹6.6 L/yr - ₹12.2 L/yr

Last Updated: 13 Aug 2024

Companies similar to HDFC Ergo General Insurance for Area Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Area Manager Salary 5 - 17 years exp. (67 salaries)	₹6.8 L/yr - ₹18.8 L/yr 33% more
Bajaj Allianz General Insurance Area Manager Salary 7 - 15 years exp. (16 salaries)	₹5.2 L/yr - ₹18 L/yr 11% more
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Reliance General Insurance Area Manager Salary 8 - 18 years exp. (20 salaries)	₹6.9 L/yr - ₹21 L/yr 37% more
Tata AIG Area Manager Salary 6 - 19 years exp. (23 salaries)	₹6.3 L/yr - ₹13 L/yr At par
SBI General Insurance Area Manager Salary 3 - 21 years exp. (6 salaries)	₹9 L/yr - ₹15.2 L/yr 25% more
Future Generali India Life Insurance Area Manager Salary 13 - 19 years exp. (40 salaries)	₹10.1 L/yr - ₹18.5 L/yr 69% more	3 job openings
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (368 salaries)	₹5.8 L/yr - ₹13.1 L/yr 4% more
Max Life Insurance Area Manager Salary 5 - 17 years exp. (292 salaries)	₹4.2 L/yr - ₹14.1 L/yr 12% less	13 job openings
SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (260 salaries)	₹5 L/yr - ₹13.5 L/yr 5% less
Bajaj Allianz Life Insurance Area Manager Salary 5 - 16 years exp. (200 salaries)	₹5 L/yr - ₹14 L/yr At par
Tata AIA Life Insurance Area Manager Salary 6 - 20 years exp. (183 salaries)	₹5.5 L/yr - ₹17.5 L/yr 30% more	3 job openings
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Aditya Birla Sun Life Insurance Area Manager Salary 4 - 11 years exp. (118 salaries)	₹4.5 L/yr - ₹10 L/yr 27% less
Reliance Nippon Life Insurance Area Manager Salary 12 - 20 years exp. (85 salaries)	₹9 L/yr - ₹21.4 L/yr 51% more
Niva Bupa Health Insurance Company Area Manager Salary 5 - 17 years exp. (70 salaries)	₹4 L/yr - ₹16 L/yr 6% more
Shriram Life Insurance Area Manager Salary 6 - 17 years exp. (43 salaries)	₹3.7 L/yr - ₹11 L/yr 30% less
Star Health & Allied Insurance Area Manager Salary 8 - 22 years exp. (36 salaries)	₹6.7 L/yr - ₹22 L/yr 63% more	1 job opening
Care Health Insurance Area Manager Salary 6 - 16 years exp. (33 salaries)	₹3.3 L/yr - ₹9.1 L/yr 39% less
HDFC Life Area Manager Salary 5 - 18 years exp. (33 salaries)	₹5.4 L/yr - ₹16 L/yr At par
PNB MetLife Area Manager Salary 6 - 15 years exp. (22 salaries)	₹5.9 L/yr - ₹11.1 L/yr 6% less
Kotak Mahindara Life Insurance Area Manager Salary 7 - 18 years exp. (22 salaries)	₹5.2 L/yr - ₹19.2 L/yr 17% more

Area Manager salary at HDFC Ergo General Insurance ranges between ₹6.6 Lakhs to ₹12.5 Lakhs per year for employees with experience between 7 years to 20 years. Salary estimates are based on 41 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Area Manager salaries

Last Updated: 13 Aug 2024

Experience	Avg Annual Salary
7 years (3 salaries)	₹6.6 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
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9 years (3 salaries)	₹8 L/yr - ₹10.5 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.9 L/yr
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹12 L/yr
12 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹11.8 L/yr
13 years (3 salaries)	₹8 L/yr - ₹10 L/yr
14 years (5 salaries)	₹7 L/yr - ₹12.5 L/yr
15+ years (22 salaries)	₹6.8 L/yr - ₹12.3 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Sales Manager Salary

(299 salaries)

₹2 L/yr - ₹7.7 L/yr

Branch Manager Salary

(213 salaries)

₹4.7 L/yr - ₹14 L/yr

Area Sales Manager Salary

(156 salaries)

₹5.05 L/yr - ₹18.64 L/yr

Cluster Manager Salary

(26 salaries)

₹4.5 L/yr - ₹13.5 L/yr

Deputy Manager Salary

(920 salaries)

₹3 L/yr - ₹10.51 L/yr

Regional Manager Salary

(29 salaries)

₹8 L/yr - ₹22.24 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 - ₹8.8 L/yr

Team Lead Salary

(48 salaries)

₹2.5 L/yr - ₹5.43 L/yr

Salary related reviews for HDFC Ergo General Insurance

4.6

Rated by 10 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.

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.

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.

see more salary related reviews

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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 Area Manager Salary FAQs

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

Area Manager salary at HDFC Ergo General Insurance in India ranges between ₹6.6 Lakhs to ₹12.5 Lakhs for experience between 7 years to 20 years. According to our estimates it is 3% less than the average Area Manager Salary in India. Salary estimates are based on 41 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Area Manager at HDFC Ergo General Insurance is 3% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.

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

Future Generali India Life Insurance Area Manager Salary - ₹10.1 Lakhs to ₹18.5 Lakhs per year
Star Health & Allied Insurance Area Manager Salary - ₹6.7 Lakhs to ₹22.0 Lakhs per year
Reliance Nippon Life Insurance Area Manager Salary - ₹9.0 Lakhs to ₹21.4 Lakhs per year
Reliance General Insurance Area Manager Salary - ₹6.9 Lakhs to ₹21.0 Lakhs per year
ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.8 Lakhs per year

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

Tata AIA Life Insurance Area Manager Salary - ₹5.5 Lakhs to ₹17.5 Lakhs per year
SBI General Insurance Area Manager Salary - ₹9.0 Lakhs to ₹15.2 Lakhs per year
Kotak Mahindara Life Insurance Area Manager Salary - ₹5.2 Lakhs to ₹19.2 Lakhs per year
Bajaj Allianz General Insurance Area Manager Salary - ₹5.2 Lakhs to ₹18.0 Lakhs per year
Niva Bupa Health Insurance Company Area Manager Salary - ₹4.0 Lakhs to ₹16.0 Lakhs per year

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 ranges between ₹67,335 per month to ₹69,059 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Area Manager salary in India which ranges between ₹6.6 Lakhs to ₹12.5 Lakhs per year for employees with experience between 7 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at HDFC Ergo General Insurance?

According to AmbitionBox, 69% of the HDFC Ergo General Insurance Area Managers reported a notice period of 3 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Area Manager Salaries

HDFC Ergo General Insurance Area Manager salary in India ranges between ₹6.6 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 41 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.