HDFC Ergo General Insurance Assistant Manager II Salaries by 3 Employees (Updated 2024)

2 - 5 years exp.

₹3.2 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Assistant Manager II Salary in Insurance Companies for 2 - 5 years of experience

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Last Updated: 10 Jun 2023

Companies similar to HDFC Ergo General Insurance for Assistant Manager II

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Assistant Manager II Salary 0 - 5 years exp. (4 salaries)	₹3.8 L/yr - ₹5.4 L/yr 34% more
SBI Life Insurance Company Assistant Manager II Salary 4 - 6 years exp. (4 salaries)	₹5.3 L/yr - ₹5.5 L/yr 52% more
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ICICI Bank Assistant Manager II Salary 0 - 8 years exp. (1.1k salaries)	₹2.6 L/yr - ₹7 L/yr 19% more
DCB Bank Assistant Manager II Salary 0 - 8 years exp. (271 salaries)	₹2 L/yr - ₹5.3 L/yr 4% more
Utkarsh Small Finance Bank Assistant Manager II Salary 2 - 10 years exp. (117 salaries)	₹3 L/yr - ₹6.1 L/yr 38% more

Assistant Manager II salary at HDFC Ergo General Insurance ranges between ₹3.2 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 5 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 Manager II salaries

Last Updated: 10 Jun 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

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Salary related reviews for HDFC Ergo General Insurance

Agency Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Oct 2023

3.0

for Salary and Benefits

Likes

The company thinks very highly of its customers

Dislikes

company is providing new employees with higher compensation packages than existing employees, without offering any increment to the latter. This can create dissatisfaction among the older employees.

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

Virtual Relationship Manager in Noida

Agency Channel Department

3.0

• posted on 09 Sep 2021

2.0

for Salary and Benefits

Likes

It's just brand name in market. You will get salaries on time

Dislikes

no work life balance ,they can cancel ur holidays at any time, all last Sunday working in every month end for no use. Pathetic leadership, Poor HR policies.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Ergo General Insurance Assistant Manager II Salary FAQs

What is the notice period for Assistant Manager II at HDFC Ergo General Insurance?

According to AmbitionBox, 100% of the HDFC Ergo General Insurance Assistant Manager IIs 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 Assistant Manager II Salaries

HDFC Ergo General Insurance Assistant Manager II salary in India ranges between ₹3.2 Lakhs to ₹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.