HDFC Ergo General Insurance Mumbai Area Manager Salaries by 2 Employees

10 - 12 years exp.

₹9.2 Lakhs - ₹11.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 15 Mar 2023

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

HDFC Ergo General Insurance Area Manager Salary

10 - 12 years exp. (AmbitionBox Estimate)

₹9.2 L/yr - ₹11.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (50 salaries)	₹7 L/yr - ₹12 L/yr 3% less	35 job openings
HDFC Life Area Manager Salary 11 years exp. (32 salaries)	₹13.3 L/yr - ₹19 L/yr 43% more
Login to view exact salary
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 10 years exp. (31 salaries)	₹5.3 L/yr - ₹9 L/yr 31% less
Axis Max Life Insurance Area Manager Salary 7 - 15 years exp. (28 salaries)	₹5 L/yr - ₹11 L/yr 30% less
Tata AIA Life Insurance Area Manager Salary 6 - 16 years exp. (24 salaries)	₹6 L/yr - ₹17.7 L/yr 32% more	1 job opening
SBI Life Insurance Company Area Manager Salary 6 - 17 years exp. (15 salaries)	₹7.5 L/yr - ₹14.2 L/yr 3% less
Bajaj Allianz Life Insurance Area Manager Salary 7 - 13 years exp. (12 salaries)	₹5 L/yr - ₹13 L/yr 5% less
ICICI Lombard General Insurance Company Area Manager Salary 8 - 14 years exp. (7 salaries)	₹6.8 L/yr - ₹18.5 L/yr 32% more
Reliance Nippon Life Insurance Area Manager Salary 11 - 17 years exp. (6 salaries)	₹11 L/yr - ₹17 L/yr 44% more

Area Manager salary at HDFC Ergo General Insurance ranges between ₹9.2 Lakhs to ₹11.8 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 2 latest salaries received from various employees of HDFC Ergo General Insurance.

From

Area Manager

9 - 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.

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Salary related reviews for HDFC Ergo General Insurance

5.0

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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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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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 Mumbai?

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

Experience	Average Salary Range
10 years	₹9.1 Lakhs to ₹11.7 Lakhs per year
11 years	₹9.2 Lakhs to ₹11.7 Lakhs per year
12 years	₹9.2 Lakhs to ₹11.7 Lakhs per year

and so on.

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HDFC Ergo General Insurance Area Manager Salaries in Mumbai

HDFC Ergo General Insurance Area Manager salary in Mumbai ranges between ₹9.2 Lakhs to ₹11.8 Lakhs. This is an estimate based on latest salaries received from employees of HDFC Ergo General Insurance.