HDFC Ergo General Insurance Assistant Vice President 1 Salaries by 4 Employees (Updated 2024)

5 - 12 years exp.

₹29 Lakhs - ₹36 Lakhs

Low Confidence

Salary of majority employees

54% more than the average Assistant Vice President 1 Salary in Insurance Companies for 5 - 12 years of experience

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Last Updated: 24 Feb 2024

Companies similar to HDFC Ergo General Insurance for Assistant Vice President 1

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Assistant Vice President 1 Salary 6 - 16 years exp. (4 salaries)	₹13.6 L/yr - ₹24 L/yr 41% less
Kotak Mahindara Life Insurance Assistant Vice President 1 Salary 23 - 25 years exp. (3 salaries)	₹12.3 L/yr - ₹25.3 L/yr 45% less
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IndusInd Bank Assistant Vice President 1 Salary 7 - 18 years exp. (109 salaries)	₹7.8 L/yr - ₹21 L/yr 56% less
Apex Group Assistant Vice President 1 Salary 10 - 16 years exp. (49 salaries)	₹12 L/yr - ₹21 L/yr 45% less	2 job openings
HDFC Bank Assistant Vice President 1 Salary 7 - 19 years exp. (26 salaries)	₹12 L/yr - ₹29.8 L/yr 36% less

Assistant Vice President 1 salary at HDFC Ergo General Insurance ranges between ₹29 Lakhs to ₹36 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Assistant Vice President 1 salaries

Last Updated: 24 Feb 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹26.1 L/yr - ₹33.3 L/yr
6 years (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr
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7 years (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr
12 years (AmbitionBox Estimate)	₹32.4 L/yr - ₹41.4 L/yr

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Salary related reviews for HDFC Ergo General Insurance

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

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.

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.

Senior Executive in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Oct 2024

3.0

for Salary and Benefits

Likes

The work culture is really good at HDFC ERGO. They take care of their employees and understand the critical situations. There is no pressure on employees and hence they can easily enjoy their personal lives along with the work.

Dislikes

The perks and salary could be better. Also they need to upgrade some tech stack.

Executive in Mumbai

Full Time

Human Resources Department

3.0

• posted on 09 Aug 2024

2.0

for Salary and Benefits

Likes

Office timing, work life balance

Dislikes

...t this is at its worst. Promotions/ increments are given only to the reference. No salary or personal growth.

Development Manager in New Delhi

Full Time

Data Science & Analytics Department

5.0

• posted on 23 Feb 2024

5.0

for Salary and Benefits

Likes

Engaging and challenging work can be stimulating and rewarding. Employees at HDFC ERGO may appreciate the opportunity to work on diverse projects and solve complex problems in the insurance industry. Employee Benefits: Companies often offer competitive benefits packages, including health insurance, retirement plans, and other perks. HDFC ERGO may provide attractive benefits to its employees

Dislikes

Compensation and Benefits

see more salary related reviews

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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 Vice President 1 Salary FAQs

What is the salary of Assistant Vice President 1 at HDFC Ergo General Insurance?

Assistant Vice President 1 salary at HDFC Ergo General Insurance in India ranges between ₹29.0 Lakhs to ₹36.0 Lakhs for experience between 5 years to 12 years. According to our estimates it is 54% more than the average Assistant Vice President 1 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 Assistant Vice President 1 at HDFC Ergo General Insurance India compare with the average salary range for this job?

The average salary of a Assistant Vice President 1 at HDFC Ergo General Insurance is 54% more than the average salary of a Assistant Vice President 1 in India. To know exact salary insights, login to view.

What is the salary of a Assistant Vice President 1 in companies similar to HDFC Ergo General Insurance in India?

HDFC Bank Assistant Vice President 1 Salary - ₹12.0 Lakhs to ₹29.8 Lakhs per year
SBI Life Insurance Company Assistant Vice President 1 Salary - ₹13.6 Lakhs to ₹24.0 Lakhs per year
Apex Group Assistant Vice President 1 Salary - ₹12.0 Lakhs to ₹21.0 Lakhs per year
Kotak Mahindara Life Insurance Assistant Vice President 1 Salary - ₹12.3 Lakhs to ₹25.3 Lakhs per year
IndusInd Bank Assistant Vice President 1 Salary - ₹7.8 Lakhs to ₹21.0 Lakhs per year

What is the estimated take home salary of a Assistant Vice President 1 at HDFC Ergo General Insurance in India?

The estimated take-home salary of a Assistant Vice President 1 at HDFC Ergo General Insurance ranges between ₹1,91,733 per month to ₹1,99,266 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Assistant Vice President 1 salary in India which ranges between ₹29.0 Lakhs to ₹36.0 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Assistant Vice President 1 at HDFC Ergo General Insurance?

According to AmbitionBox, 100% of the HDFC Ergo General Insurance Assistant Vice President 1s 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 Assistant Vice President 1 Salaries

HDFC Ergo General Insurance Assistant Vice President 1 salary in India ranges between ₹29 Lakhs to ₹36 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.