HDFC Ergo General Insurance Mumbai Area Manager Salaries by 3 Employees (Updated 2025)

5 - 12 years exp.

₹7.1 Lakhs - ₹11.4 Lakhs

Low Confidence

Salary of majority employees

12% less than the average Area Manager Salary in Insurance Companies for 5 - 12 years of experience

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Last Updated: 31 Oct 2024

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

HDFC Ergo General Insurance Area Manager Salary

5 - 12 years exp. (3 salaries)

₹7.1 L/yr - ₹11.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Area Manager Salary 5 - 14 years exp. (17 salaries)	₹6.8 L/yr - ₹18.5 L/yr 60% more
Reliance General Insurance Area Manager Salary 10 - 18 years exp. (4 salaries)	₹7.6 L/yr - ₹21 L/yr 56% more
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Future Generali India Life Insurance Area Manager Salary 13 - 18 years exp. (5 salaries)	₹15.5 L/yr - ₹16.8 L/yr 81% more	2 job openings
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (49 salaries)	₹7 L/yr - ₹12 L/yr 9% more	1 job opening
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 11 years exp. (29 salaries)	₹5.3 L/yr - ₹9 L/yr 24% less
Max Life Insurance Area Manager Salary 7 - 15 years exp. (28 salaries)	₹5 L/yr - ₹13.1 L/yr 13% less	5 job openings
Tata AIA Life Insurance Area Manager Salary 6 - 16 years exp. (19 salaries)	₹6 L/yr - ₹15 L/yr 29% more	8 job openings
SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (15 salaries)	₹7.5 L/yr - ₹13.5 L/yr 1% less
Bajaj Allianz Life Insurance Area Manager Salary 6 - 13 years exp. (12 salaries)	₹5 L/yr - ₹13 L/yr 3% more
Niva Bupa Health Insurance Company Area Manager Salary 10 - 17 years exp. (12 salaries)	₹8 L/yr - ₹15 L/yr 22% more
Reliance Nippon Life Insurance Area Manager Salary 13 - 20 years exp. (5 salaries)	₹13 L/yr - ₹18.1 L/yr 79% more
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Area Manager salary at HDFC Ergo General Insurance ranges between ₹7.1 Lakhs to ₹11.4 Lakhs per year for employees with experience between 5 years to 12 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 Mumbai

Last Updated: 31 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹15.5 L/yr
6 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
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7 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
9 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
10 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.9 L/yr
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
12 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹11.4 L/yr

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Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary

(250 salaries)

₹3.5 L/yr - ₹10.25 L/yr

Sales Manager Salary

(29 salaries)

₹3 L/yr - ₹6.5 L/yr

Team Lead Salary

(20 salaries)

₹2.9 L/yr - ₹5 L/yr

Area Sales Manager Salary

(14 salaries)

₹4.5 L/yr - ₹16.36 L/yr

Marketing Manager Salary

(13 salaries)

₹5.95 L/yr - ₹15.5 L/yr

Branch Manager Salary

(9 salaries)

₹6 L/yr - ₹10.5 L/yr

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.

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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HDFC Ergo General Insurance Area Manager Salary FAQs

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

According to AmbitionBox, 100% of the HDFC Ergo General Insurance Area Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Area Manager Salaries in Mumbai

HDFC Ergo General Insurance Area Manager salary in Mumbai ranges between ₹7.1 Lakhs to ₹11.4 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.