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HDFC Ergo General Insurance Associate Manager salaries in Mumbai

Annual salary range
2 - 10 years exp.
₹3 Lakhs - ₹5.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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75% less than the average Associate Manager Salary in Insurance Companies for 2 - 10 years of experience

Interested in this particular role?

Last Updated: 27 Dec 2024

Companies similar to HDFC Ergo General Insurance for Associate Manager in Mumbai

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HDFC Ergo General Insurance Associate Manager Salary

2 - 10 years exp. (5 salaries)

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₹3 L/yr - ₹5.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Associate Manager Salary

0 - 13 years exp. (548 salaries)

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₹2.4 L/yr - ₹7 L/yr

arrow icon 12% more
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₹2 L/yr - ₹5 L/yr

arrow icon 3% less
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₹6.1 L/yr - ₹10 L/yr

arrow icon 87% more
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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 12% less
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₹6.5 L/yr - ₹9.9 L/yr

arrow icon 89% more
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₹1.9 L/yr - ₹4.8 L/yr

arrow icon 14% less
Associate Manager salary at HDFC Ergo General Insurance ranges between ₹3 Lakhs to ₹5.7 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Associate Manager in Mumbai

3mo ago
₹3 Lakhs
5 years exp.

Experience wise HDFC Ergo General Insurance Associate Manager salaries in Mumbai

Last Updated: 27 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
View all
HDFC Ergo General Insurance Associate Manager Salary and Career Growth

From

To

Associate Manager

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1 - 12 years exp.

Area Sales Manager

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7 - 17 years exp.

Associate Manager 1 - 12 years exp.
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Manager 4 - 16 years exp.
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arrow icon 101% hike
    Area Sales Manager 7 - 17 years exp.
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    arrow icon 11% hike

    From

    To

    Associate Manager

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    1 - 12 years exp.

    Deputy Vice President

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    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

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    ₹2.9 L/yr - ₹12 L/yr
    Team Lead Salary
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    ₹2.9 L/yr - ₹5 L/yr
    Project Manager Salary
    (12 salaries)
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    ₹10 L/yr - ₹17.55 L/yr
    Test Lead Salary
    (4 salaries)
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    ₹8.2 L/yr - ₹10 L/yr
    Module Lead Salary
    (4 salaries)
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    ₹9.5 L/yr - ₹19.5 L/yr

    Top skills at HDFC Ergo General Insurance for Associate Manager

    Branch Management Sales Management

    Salary related reviews for HDFC Ergo General Insurance

    4.5

    Rated by 2 employees for salary & benefits

    Full Time

     · 

    Sales & Business Development Department

    1.0
      •  posted on 10 Mar 2025

    2.0
     for  Salary and Benefits

    Likes

    Nothing even HOD sitting at Mumbai not eager to pay travelling allowance. Great joke you need to provide upi payment detail for bus fare if you have travelled by private bus.

    read more

    Dislikes

    Seniors don't have humanity, you need to attend concall even though you are in icu.

    • Salary - Poor
    • +6 more

    Full Time

     · 

    Healthcare & Life Sciences Department

    1.0
      •  posted on 31 Jan 2025

    2.0
     for  Salary and Benefits

    Likes

    Salary on time only benifits.

    Dislikes

    - Creat problem when you switch, create relieving issues . - CTC not as per discussion. - 3 month Notice period ,if not done no compensation AND RECOVERY. THANK TWICE BEFORE JOINING. - 5 days on paper but 6 days off record work. BOTHERATION BY MANAGER FOR TARGET TO REJECT CLAIMS.

    read more
    • Salary - Poor
    • +5 more

    Full Time

     · 

    IT & Information Security Department

    5.0
      •  posted on 25 Dec 2024

    5.0
     for  Salary and Benefits

    Likes

    ...appy to be part of HDFC Ergo where I can upskill myself along with he work life. Company encourage us to take time off for personal life Management is good Salary and work environment is also good Multiple events helps to avoid boring work life

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    Nothing so far... See if they can help to improve the appraisal thing 😜 Because whatever good we get as an employee but good increament will always have higher stake in that happiness and shows worthiness to the efforts

    read more

    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

    read more
    • Skill development - Bad
    • +4 more

    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.

    read more
    • Skill development - Poor
    • +1 more
    see more salary related reviews

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    HDFC Ergo General Insurance Associate Manager Salary FAQs

    What is the salary of Associate Manager at HDFC Ergo General Insurance in Mumbai?
    The average salary of a Associate Manager at HDFC Ergo General Insurance in Mumbai typically ranges from ₹3.0 Lakhs to ₹5.7 Lakhs per year, depending on experience (from 2 years to 10 years).

    The top 10% of Associate Manager in Mumbai at HDFC Ergo General Insurance earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. Associate 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 5 HDFC Ergo General Insurance employees in India.
    What is the estimated take home salary of a Associate Manager at HDFC Ergo General Insurance in Mumbai?
    The estimated take-home salary of a Associate Manager at HDFC Ergo General Insurance in Mumbai typically ranges from ₹31,894 to ₹33,180 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.7 Lakhs per year for employees with experience ranging from 2 years to 10 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 5 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 Associate Manager at HDFC Ergo General Insurance in Mumbai?
    To be a Associate Manager at HDFC Ergo General Insurance in Mumbai, the key skills required include:

    • - Branch Management
    • - Sales Management

    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 Associate Manager in India?
    Bajaj Allianz Life Insurance ₹6.5 Lakhs to ₹9.9 Lakhs per year
    ICICI Lombard General Insurance Company ₹6.1 Lakhs to ₹10.0 Lakhs per year
    HDFC Life ₹2.4 Lakhs to ₹7.0 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 Associate Manager in companies similar to HDFC Ergo General Insurance in Mumbai?
    The salary of a Associate Manager at companies similar to HDFC Ergo General Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    ICICI Prudential Life Insurance ₹2.0 Lakhs to ₹5.0 Lakhs per year
    Axis Max Life Insurance ₹2.5 Lakhs to ₹4.5 Lakhs per year
    Kotak Mahindara Life Insurance ₹1.9 Lakhs to ₹4.8 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 Associate Manager at HDFC Ergo General Insurance in Mumbai?
    The salary growth for a Associate Manager at HDFC Ergo General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate Manager in Mumbai can expect the following growth trajectory at HDFC Ergo General Insurance:

    Experience Average Salary Range
    2 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
    3 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
    4 years ₹3.3 Lakhs to ₹4.3 Lakhs per year
    5 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
    and so on.

    Tell us how to improve this page.

    HDFC Ergo General Insurance Associate Manager salary in Mumbai ranges between ₹3 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.