HDFC Ergo General Insurance ASM Salaries by 4 Employees (Updated 2025)

0 - 9 years exp.

₹3.2 Lakhs - ₹10.5 Lakhs

Low Confidence

Salary of majority employees

31% less than the average ASM Salary in Insurance Companies for 0 - 9 years of experience

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Salaries in different departments

Sales & Business Development ASM Salary 6 - 9 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹10.5 L/yr
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BFSI, Investments & Trading ASM Salary Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 30 Jul 2023

Companies similar to HDFC Ergo General Insurance for ASM

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company ASM Salary 5 - 9 years exp. (3 salaries)	₹7.6 L/yr - ₹30 L/yr 264% more
Bajaj Allianz General Insurance ASM Salary 4 - 15 years exp. (3 salaries)	₹5.7 L/yr - ₹9 L/yr 45% more
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Reliance General Insurance ASM Salary 1 - 6 years exp. (7 salaries)	₹3.4 L/yr - ₹4.8 L/yr 23% less
Tata AIG ASM Salary 10 - 15 years exp. (9 salaries)	₹8.2 L/yr - ₹14.5 L/yr 120% more
Max Life Insurance ASM Salary 1 - 9 years exp. (120 salaries)	₹2.5 L/yr - ₹4.8 L/yr 28% less
HDFC Life ASM Salary 0 - 8 years exp. (56 salaries)	₹2.7 L/yr - ₹5 L/yr 24% less
Aditya Birla Sun Life Insurance ASM Salary 0 - 5 years exp. (10 salaries)	₹2.3 L/yr - ₹3.5 L/yr 45% less
Reliance Nippon Life Insurance ASM Salary 1 - 13 years exp. (8 salaries)	₹2 L/yr - ₹2.8 L/yr 52% less
Niva Bupa Health Insurance Company ASM Salary 2 - 9 years exp. (7 salaries)	₹3.1 L/yr - ₹3.8 L/yr 27% less
Care Health Insurance ASM Salary 2 - 8 years exp. (5 salaries)	₹5.5 L/yr - ₹6.1 L/yr 12% more
Tata AIA Life Insurance ASM Salary 4 - 11 years exp. (4 salaries)	₹4 L/yr - ₹4.3 L/yr 20% less
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ICICI Prudential Life Insurance ASM Salary 1 - 4 years exp. (3 salaries)	₹4.5 L/yr - ₹4.9 L/yr 6% less
Bajaj Allianz Life Insurance ASM Salary 1 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹2.3 L/yr 56% less

ASM salary at HDFC Ergo General Insurance ranges between ₹3.2 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance ASM salaries

Last Updated: 30 Jul 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
9 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr

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Salary related reviews for HDFC Ergo General Insurance

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.

Associate Agency Development Manager in Nagpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 13 Oct 2020

3.0

for Salary and Benefits

Likes

Nothing good only Hard work and low salary and not showing terms and condition to employee very bad experience don't joint and if you get promotion but salary not increase and no allowance, no bonus. And fraud company please don't joint

Dislikes

Don't joint fraud company very bad experience.

Cluster Head in Agra

BFSI, Investments & Trading Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

It's Good place to work. In this company lot of opportunity to increase your career. and support of seniors is too good

Dislikes

Salary growth and career growth is very slow but lot of learing I have got from there do I am happy with HDFC ERGO

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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HDFC Ergo General Insurance ASM Salary FAQs

What is the salary of ASM at HDFC Ergo General Insurance?

ASM salary at HDFC Ergo General Insurance in India ranges between ₹3.2 Lakhs to ₹10.5 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 31% less than the average ASM Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a ASM at HDFC Ergo General Insurance is 31% less than the average salary of a ASM in India. To know exact salary insights, login to view.

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

ICICI Lombard General Insurance Company ASM Salary - ₹7.6 Lakhs to ₹30.0 Lakhs per year
Tata AIG ASM Salary - ₹8.2 Lakhs to ₹14.5 Lakhs per year
Bajaj Allianz General Insurance ASM Salary - ₹5.7 Lakhs to ₹9.0 Lakhs per year
Care Health Insurance ASM Salary - ₹5.5 Lakhs to ₹6.1 Lakhs per year

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

ICICI Prudential Life Insurance ASM Salary - ₹4.5 Lakhs to ₹4.9 Lakhs per year
Tata AIA Life Insurance ASM Salary - ₹4.0 Lakhs to ₹4.3 Lakhs per year
Reliance General Insurance ASM Salary - ₹3.4 Lakhs to ₹4.8 Lakhs per year
HDFC Life ASM Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year
Niva Bupa Health Insurance Company ASM Salary - ₹3.1 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a ASM at HDFC Ergo General Insurance ranges between ₹38,367 per month to ₹39,557 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance ASM salary in India which ranges between ₹3.2 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the HDFC Ergo General Insurance ASMs reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance ASM Salaries

HDFC Ergo General Insurance ASM salary in India ranges between ₹3.2 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.