HDFC Ergo General Insurance Bhubaneswar Area Manager Salaries by 3 Employees

14 - 20 years exp.

₹7.5 Lakhs - ₹9.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

6% less than the average Area Manager Salary in Insurance Companies for 14 - 20 years of experience

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Last Updated: 15 Mar 2023

Companies similar to HDFC Ergo General Insurance for Area Manager in Bhubaneswar

HDFC Ergo General Insurance Area Manager Salary

14 - 20 years exp. (3 salaries)

₹7.5 L/yr - ₹9.7 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Area Manager Salary 10 - 18 years exp. (11 salaries)	₹6 L/yr - ₹10.1 L/yr 3% less
Axis Max Life Insurance Area Manager Salary 10 - 15 years exp. (9 salaries)	₹6 L/yr - ₹12.6 L/yr 7% less
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Bajaj Allianz Life Insurance Area Manager Salary 8 - 14 years exp. (5 salaries)	₹7.4 L/yr - ₹10.7 L/yr 8% more
Aditya Birla Insurance Brokers Area Manager Salary 7 - 9 years exp. (3 salaries)	₹4.8 L/yr - ₹6.3 L/yr 40% less
Bandhan Bank Area Manager Salary 0 - 13 years exp. (15 salaries)	₹3 L/yr - ₹5.5 L/yr 44% less

Area Manager salary at HDFC Ergo General Insurance ranges between ₹7.5 Lakhs to ₹9.7 Lakhs per year for employees with experience between 14 years to 20 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Area Manager salaries in Bhubaneswar

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
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15+ years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr

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

Branch Manager Salary

(4 salaries)

₹8 L/yr - ₹11 L/yr

Area Sales Manager Salary

(3 salaries)

₹7.5 L/yr - ₹19.08 L/yr

Salary related reviews for HDFC Ergo General Insurance

4.0

Rated by 1 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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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 Area Manager Salary FAQs

How the salary growth look like for a Area Manager at HDFC Ergo General Insurance in Bhubaneswar?

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

Experience	Average Salary Range
14 years	₹8.1 Lakhs to ₹10.3 Lakhs per year
15 years	₹8.2 Lakhs to ₹10.5 Lakhs per year

and so on.

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HDFC Ergo General Insurance Area Manager Salaries in Bhubaneswar

HDFC Ergo General Insurance Area Manager salary in Bhubaneswar ranges between ₹7.5 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.