HDFC Ergo General Insurance Assistant Manager Salaries by 500+ Employees (Updated 2025)

1 - 13 years exp.

₹2.6 Lakhs - ₹8.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

42% less than the average Assistant Manager Salary in Insurance Companies for 1 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 1 - 12 years exp. (161 salaries)	₹2.6 L/yr - ₹7.3 L/yr
Sales & Business Development Assistant Manager Salary 1 - 12 years exp. (77 salaries)	₹3 L/yr - ₹7 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 1 - 13 years exp. (67 salaries)	₹3 L/yr - ₹8.7 L/yr
Healthcare & Life Sciences Assistant Manager Salary 1 - 10 years exp. (55 salaries)	₹3.3 L/yr - ₹7.5 L/yr
Marketing & Communication Assistant Manager Salary 1 - 11 years exp. (26 salaries)	₹2.7 L/yr - ₹6.7 L/yr

View all

Last Updated: 8 Mar 2025

Companies similar to HDFC Ergo General Insurance for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Assistant Manager Salary 0 - 8 years exp. (746 salaries)	₹2 L/yr - ₹4.8 L/yr 26% less	1 job opening
Axis Max Life Insurance Assistant Manager Salary 0 - 10 years exp. (645 salaries)	₹2 L/yr - ₹7.5 L/yr 14% less	20 job openings
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Tata AIA Life Insurance Assistant Manager Salary 2 - 17 years exp. (588 salaries)	₹3.8 L/yr - ₹16.1 L/yr 82% more	29 job openings
ICICI Prudential Life Insurance Assistant Manager Salary 1 - 12 years exp. (521 salaries)	₹3 L/yr - ₹7.1 L/yr 9% more
SBI Life Insurance Company Assistant Manager Salary 0 - 15 years exp. (498 salaries)	₹3.5 L/yr - ₹12.5 L/yr 47% more
Aditya Birla Sun Life Insurance Assistant Manager Salary 0 - 10 years exp. (407 salaries)	₹1.9 L/yr - ₹8.4 L/yr 12% less
Kotak Mahindra General Insurance Assistant Manager Salary 0 - 8 years exp. (290 salaries)	₹1.3 L/yr - ₹4.8 L/yr 26% less
Bajaj Allianz Life Insurance Assistant Manager Salary 2 - 14 years exp. (314 salaries)	₹3.9 L/yr - ₹13.6 L/yr 64% more	1 job opening
HDFC Life Assistant Manager Salary 1 - 10 years exp. (271 salaries)	₹1.7 L/yr - ₹7.5 L/yr At par
Star Health & Allied Insurance Assistant Manager Salary 4 - 12 years exp. (241 salaries)	₹3 L/yr - ₹8.5 L/yr 5% more

View all

Assistant Manager salary at HDFC Ergo General Insurance ranges between ₹2.6 Lakhs to ₹8.7 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 541 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Assistant Manager

2w ago

₹5.7 Lakhs

8 years exp.

1mo ago

₹4.5 Lakhs

10 years exp.

1mo ago

₹3.5 Lakhs

2 years exp.

2mo ago

₹3.5 Lakhs

8 years exp.

2mo ago

₹3.1 Lakhs

3 years exp.

2mo ago

5 years exp.

3mo ago

4 years exp.

3mo ago

8 years exp.

3mo ago

2 years exp.

3mo ago

3 years exp.

Experience wise HDFC Ergo General Insurance Assistant Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
1 year (20 salaries)	₹2.6 L/yr - ₹6.5 L/yr
2 years (42 salaries)	₹2.8 L/yr - ₹6.7 L/yr
Login to view exact salary
3 years (68 salaries)	₹2.8 L/yr - ₹7.3 L/yr
4 years (70 salaries)	₹3 L/yr - ₹6.9 L/yr
5 years (76 salaries)	₹2.7 L/yr - ₹7.3 L/yr
6 years (78 salaries)	₹2.9 L/yr - ₹7 L/yr
7 years (52 salaries)	₹3 L/yr - ₹7.5 L/yr
8 years (46 salaries)	₹2.6 L/yr - ₹7.5 L/yr
9 years (38 salaries)	₹3.5 L/yr - ₹8.7 L/yr
10 years (41 salaries)	₹3.5 L/yr - ₹7.2 L/yr
11 years (7 salaries)	₹4 L/yr - ₹6.5 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹6.1 L/yr
13 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.6 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

1 - 13 years exp.

Area Sales Manager

₹

Lakhs/yr

7 - 17 years exp.

Assistant Manager

1 - 13 years exp.

Deputy Manager

0 - 13 years exp.

20% hike

Manager

4 - 16 years exp.

62% hike

From

View 4 more levels

Assistant Manager

1 - 13 years exp.

Deputy Vice President

14 - 22 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

Assistant Manager O&M Salary

(4 salaries)

₹3.9 L/yr - ₹6.1 L/yr

Department Manager Salary

(4 salaries)

₹7 L/yr - ₹14.75 L/yr

Assistant Branch Manager Salary

(19 salaries)

₹3.25 L/yr - ₹6 L/yr

Operations Manager Salary

(20 salaries)

₹2.25 L/yr - ₹9.55 L/yr

Team Manager Salary

(12 salaries)

₹5.8 L/yr - ₹12.38 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Branch Manager Salary

(190 salaries)

₹4.7 L/yr - ₹14.5 L/yr

Deputy Manager Salary

(885 salaries)

₹3 L/yr - ₹10.25 L/yr

Sales Manager Salary

(286 salaries)

₹2.4 L/yr - ₹7.5 L/yr

Relationship Manager Salary

(82 salaries)

₹2 L/yr - ₹6 L/yr

Top skills at HDFC Ergo General Insurance for Assistant Manager

Retail Distribution Retail Channel Sales MIS Motor Insurance Claims

Salary related reviews for HDFC Ergo General Insurance

3.8

Rated by 234 employees for salary & benefits

Assistant Manager in Tinsukia

Full Time

Other Department

4.0

• posted on 15 Jul 2023

3.0

for Salary and Benefits

Likes

Skill development - Good

+4 more

Dislikes

Salary structure need to be check ( destination wise salary is not upto the market level ) & also the annual bonus is to low special for the sale team. At least should get more incentive than operation.

Assistant Manager in Noida

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 01 Jun 2022

4.0

for Salary and Benefits

Likes

Teammates are supportive. There is a huge cafeteria. Company policies are good, appraisals are fair.

Salary - Good

+5 more

Dislikes

Salary is good but career growth is slow. On the job training is not given properly to new joinees. work environment is not good..every Saturday is working however company gave the holiday...

Assistant Manager in Indore

Finance & Accounting Department

3.0

• posted on 08 Jun 2022

4.0

for Salary and Benefits

Likes

... gave me a better platefrom for starting my job carrer. The experience was good. Salary on time and good incentive in this company.

Salary - Good

+3 more

Dislikes

The dislike was the management not look the suffering of employee.some time expolite the employee. After resigning the job than i lots of suffer to find new job becauase of releaving letter. Yet now I find job because of releaving letter which was not in hand of me. They told work on sunday also. The manager not giving support to take leave during sick. He told take tablet and come work .

Job security - Poor

+1 more

Assistant Manager in Mumbai

Customer Success, Service & Operations Department

4.0

• posted on 30 Jan 2021

2.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are not at all good and was very disappointed with salary hike and bonus every year.

Skill development - Good

+1 more

Dislikes

No salary hike and increments

Salary - Poor

Operations Manager in Noida

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 Dec 2024

3.0

for Salary and Benefits

Likes

Salaries are on time

Dislikes

They need low package employees No scope of growth They don't know how to utilise the employees skills and what ever the skills you have learnt in past every thing will vanished due to non utilisation. If you have good reference you will get good post and salaries The new CEO is very poor in cost optimization Very soon this hdfc ergo will be in loss. There compititior will grow by taking some advantages. There policies are not employee and customer friendly

Skill development - Bad

+4 more

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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 Manager Salary FAQs

What is the salary of Assistant Manager at HDFC Ergo General Insurance ?

The average salary of a Assistant Manager at HDFC Ergo General Insurance in India typically ranges from ₹2.6 Lakhs to ₹8.7 Lakhs per year, depending on experience (from 1 year to 13 years).

The top 10% of Assistant Manager at HDFC Ergo General Insurance earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹7.3 Lakhs per year. Assistant Manager Salaries at HDFC Ergo General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 500+ HDFC Ergo General Insurance employees in India.

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

The estimated take-home salary of a Assistant Manager at HDFC Ergo General Insurance in India typically ranges from ₹37,061 to ₹38,270 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹8.7 Lakhs per year for employees with experience ranging from 1 year to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 500+ salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at HDFC Ergo General Insurance ?

To be a Assistant Manager at HDFC Ergo General Insurance in india, the key skills required include:

- Retail Distribution
- Retail Channel Sales
- MIS
- Motor Insurance
- Claims

These skills are highly valued at HDFC Ergo General Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Ergo General Insurance for Assistant Manager in India?

AXA	₹10.0 Lakhs to ₹25.0 Lakhs per year
United India Insurance Company	₹7.0 Lakhs to ₹22.0 Lakhs per year
The New India Assurance Co.	₹10.0 Lakhs to ₹19.0 Lakhs per year
The Oriental Insurance Co.	₹6.1 Lakhs to ₹18.0 Lakhs per year
Empower	₹9.8 Lakhs to ₹16.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Ergo General Insurance, depending on the role and experience level.

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

The salary of a Assistant Manager at companies similar to HDFC Ergo General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Gallagher	₹6.5 Lakhs to ₹13.0 Lakhs per year
XL Catlin	₹6.5 Lakhs to ₹16.0 Lakhs per year
AIG	₹5.0 Lakhs to ₹16.0 Lakhs per year
Maruti Suzuki Insurance Broking	₹7.0 Lakhs to ₹13.5 Lakhs per year
Tata AIA Life Insurance	₹3.8 Lakhs to ₹16.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
1 year	₹2.6 Lakhs to ₹6.5 Lakhs per year
2 years	₹2.8 Lakhs to ₹6.7 Lakhs per year
3 years	₹2.8 Lakhs to ₹7.3 Lakhs per year
4 years	₹3.0 Lakhs to ₹6.9 Lakhs per year

and so on.

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HDFC Ergo General Insurance Assistant Manager Salaries by Location

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HDFC Ergo General Insurance Assistant Manager Salaries

HDFC Ergo General Insurance Assistant Manager salary in India ranges between ₹2.6 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 541 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

HDFC Ergo General Insurance Assistant Manager salaries in India (Updated 2025)

Companies similar to HDFC Ergo General Insurance for Assistant Manager

Latest annual salaries shared by HDFC Ergo General Insurance Assistant Manager

Experience wise HDFC Ergo General Insurance Assistant Manager salaries

Similar Designation salaries in HDFC Ergo General Insurance

Top skills at HDFC Ergo General Insurance for Assistant Manager

Salary related reviews for HDFC Ergo General Insurance

Assistant Manager in Tinsukia

Assistant Manager in Noida

Assistant Manager in Indore

Assistant Manager in Mumbai

Operations Manager in Noida

HDFC Ergo General Insurance Assistant Manager Salary FAQs

Tell us how to improve this page.

HDFC Ergo General Insurance Assistant Manager Salaries by Location