HDFC Ergo General Insurance Pune Assistant Branch Manager Salaries by 3 Employees

5 - 7 years exp.

₹5 Lakhs - ₹5.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

9% less than the average Assistant Branch Manager Salary in Insurance Companies for 5 - 7 years of experience

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Last Updated: 13 Mar 2023

Companies similar to HDFC Ergo General Insurance for Assistant Branch Manager in Pune

HDFC Ergo General Insurance Assistant Branch Manager Salary

5 - 7 years exp. (3 salaries)

₹5 L/yr - ₹5.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Assistant Branch Manager Salary 5 - 16 years exp. (7 salaries)	₹6 L/yr - ₹7.3 L/yr 32% more
Kotak Mahindara Life Insurance Assistant Branch Manager Salary 4 - 8 years exp. (6 salaries)	₹4.5 L/yr - ₹7.2 L/yr 26% more
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Equitas Small Finance Bank Assistant Branch Manager Salary 3 - 9 years exp. (22 salaries)	₹3.2 L/yr - ₹5.5 L/yr 20% less	9 job openings
ICICI Bank Assistant Branch Manager Salary 3 - 9 years exp. (13 salaries)	₹3 L/yr - ₹6.3 L/yr At par
SYSKA LED Lights Assistant Branch Manager Salary 10 - 22 years exp. (13 salaries)	₹12 L/yr - ₹16.4 L/yr 180% more

Assistant Branch Manager salary at HDFC Ergo General Insurance ranges between ₹5 Lakhs to ₹5.9 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Assistant Branch Manager salaries in Pune

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Area Sales Manager Salary

(11 salaries)

₹6.5 L/yr - ₹11.35 L/yr

Branch Manager Salary

(6 salaries)

₹8.88 L/yr - ₹11.5 L/yr

Salary related reviews for HDFC Ergo General Insurance

4.7

Rated by 2 employees for salary & benefits

Assistant Branch Manager in Pune

Sales Department

5.0

• posted on 10 Sep 2017

3.0

for Salary and Benefits

Likes

Its a very innovative health insurance company in term of product innovation.the culture of company is fantastic very supportive team member from top to bottom .but little bit lackness feel in the field of training deptt.overall company is good and work satisfaction much more

Job security - Good

+4 more

Dislikes

All those thing is good but salary part is very low ....

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.

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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 Assistant Branch Manager Salary FAQs

How the salary growth look like for a Assistant Branch Manager at HDFC Ergo General Insurance in Pune?

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

Experience	Average Salary Range
5 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
7 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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HDFC Ergo General Insurance Assistant Branch Manager Salaries in Pune

HDFC Ergo General Insurance Assistant Branch Manager salary in Pune ranges between ₹5 Lakhs to ₹5.9 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.