HDFC Ergo General Insurance Bangalore / Bengaluru Assistant Vice President Salaries by 10+ Employees (Updated 2024)

13 - 20 years exp.

₹11.6 Lakhs - ₹26 Lakhs

Salary of majority employees

26% less than the average Assistant Vice President Salary in Insurance Companies for 13 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Vice President Salary 14 - 20 years exp. (5 salaries)	₹11.6 L/yr - ₹18 L/yr
Sales & Business Development Assistant Vice President Salary 18 - 19 years exp. (4 salaries)	₹15.5 L/yr - ₹26 L/yr
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Customer Success, Service & Operations Assistant Vice President Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹23.1 L/yr

Last Updated: 4 Dec 2024

Companies similar to HDFC Ergo General Insurance for Assistant Vice President in Bangalore / Bengaluru

HDFC Ergo General Insurance Assistant Vice President Salary

13 - 20 years exp. (15 salaries)

₹11.6 L/yr - ₹26 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIG Assistant Vice President Salary 10 - 12 years exp. (3 salaries)	₹15 L/yr - ₹25 L/yr 12% more
Swiss Re Assistant Vice President Salary 6 - 17 years exp. (204 salaries)	₹12.9 L/yr - ₹40 L/yr 29% more
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Kotak Mahindara Life Insurance Assistant Vice President Salary 11 - 19 years exp. (11 salaries)	₹9 L/yr - ₹14.5 L/yr 32% less
Max Life Insurance Assistant Vice President Salary 14 - 22 years exp. (6 salaries)	₹12.4 L/yr - ₹26 L/yr 5% less	1 job opening
First American Corporation Assistant Vice President Salary 20 - 23 years exp. (4 salaries)	₹94 L/yr - ₹98 L/yr 351% more

Assistant Vice President salary at HDFC Ergo General Insurance ranges between ₹11.6 Lakhs to ₹26 Lakhs per year for employees with experience between 13 years to 20 years. Salary estimates are based on 15 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Assistant Vice President in Bangalore / Bengaluru

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19 years exp.

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20 years exp.

3mo ago

18 years exp.

4mo ago

16 years exp.

6mo ago

15 years exp.

1y ago

18 years exp.

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19 years exp.

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16 years exp.

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14 years exp.

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19 years exp.

Experience wise HDFC Ergo General Insurance Assistant Vice President salaries in Bangalore / Bengaluru

Last Updated: 4 Dec 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹33.3 L/yr
14 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹34.6 L/yr
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15+ years (12 salaries)	₹14 L/yr - ₹26 L/yr

From

Assistant Vice President

13 - 21 years exp.

Deputy Vice President

14 - 21 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

Deputy Manager Salary

(53 salaries)

₹4 L/yr - ₹10 L/yr

Sales Executive Salary

(14 salaries)

₹1.8 L/yr - ₹4.25 L/yr

Back Office Executive Salary

(5 salaries)

₹2 L/yr - ₹3.65 L/yr

Top skills at HDFC Ergo General Insurance for Assistant Vice President

Bancassurance Relationship Management Business Development User Interface Designing Cost Management Vendor Management Presentation Skills Negotiation Skills Channel Partner Management UX

Salary related reviews for HDFC Ergo General Insurance

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

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.

Assistant Manager in Tinsukia

Full Time

Other Department

4.0

• posted on 15 Jul 2023

3.0

for Salary and Benefits

Likes

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Salary FAQs

What is the salary of Assistant Vice President at HDFC Ergo General Insurance Bangalore / Bengaluru?

Assistant Vice President salary at HDFC Ergo General Insurance in Bangalore / Bengaluru ranges between ₹11.6 Lakhs to ₹26.0 Lakhs for experience between 13 years to 20 years. According to our estimates it is 26% less than the average Assistant Vice President Salary in India. Salary estimates are based on 15 latest salaries received from various employees of HDFC Ergo General Insurance Bangalore / Bengaluru.

How does the salary of a Assistant Vice President at HDFC Ergo General Insurance Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Assistant Vice President at HDFC Ergo General Insurance is 26% less than the average salary of a Assistant Vice President in Bangalore / Bengaluru. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Vice President at HDFC Ergo General Insurance?

Bancassurance, Relationship Management, Business Development, User Interface Designing and Cost Management are some of the popular skills required to work as a Assistant Vice President at HDFC Ergo General Insurance Bangalore / Bengaluru.

Which similar companies are paying more than HDFC Ergo General Insurance to a Assistant Vice President in Bangalore / Bengaluru?

First American Corporation Assistant Vice President Salary - ₹94.0 Lakhs to ₹98.0 Lakhs per year
Swiss Re Assistant Vice President Salary - ₹12.9 Lakhs to ₹40.0 Lakhs per year
Tata AIG Assistant Vice President Salary - ₹15.0 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Assistant Vice President in companies similar to HDFC Ergo General Insurance in Bangalore / Bengaluru?

Max Life Insurance Assistant Vice President Salary - ₹12.4 Lakhs to ₹26.0 Lakhs per year
Kotak Mahindara Life Insurance Assistant Vice President Salary - ₹9.0 Lakhs to ₹14.5 Lakhs per year

What is the estimated take home salary of a Assistant Vice President at HDFC Ergo General Insurance in Bangalore / Bengaluru?

The estimated take-home salary of a Assistant Vice President at HDFC Ergo General Insurance ranges between ₹1,38,418 per month to ₹1,43,540 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average HDFC Ergo General Insurance Assistant Vice President salary in India which ranges between ₹11.6 Lakhs to ₹26.0 Lakhs per year for employees with experience between 13 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Assistant Vice President at HDFC Ergo General Insurance in Bangalore / Bengaluru?

According to AmbitionBox, 75% of the HDFC Ergo General Insurance Assistant Vice Presidents in Bangalore / Bengaluru reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 8 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Assistant Vice President Salaries in Bangalore / Bengaluru

HDFC Ergo General Insurance Assistant Vice President salary in Bangalore / Bengaluru ranges between ₹11.6 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.