HDFC Ergo General Insurance New Delhi AVP Salaries by 4 Employees (Updated 2025)

12 - 18 years exp.

₹15 Lakhs - ₹28 Lakhs

Salary of majority employees

26% less than the average AVP Salary in Insurance Companies for 12 - 18 years of experience

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Salaries in different departments

Sales & Business Development AVP Salary 15 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹20.8 L/yr
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Risk Management & Compliance AVP Salary 12 years exp. (AmbitionBox Estimate)	₹18.1 L/yr - ₹25.4 L/yr

Last Updated: 10 Feb 2025

Companies similar to HDFC Ergo General Insurance for AVP in New Delhi

HDFC Ergo General Insurance AVP Salary

12 - 18 years exp. (4 salaries)

₹15 L/yr - ₹28 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance AVP Salary 13 - 17 years exp. (7 salaries)	₹16 L/yr - ₹38 L/yr 23% more
HSBC Group AVP Salary 8 - 17 years exp. (37 salaries)	₹17 L/yr - ₹46 L/yr 56% more
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IndusInd Bank AVP Salary 6 - 16 years exp. (37 salaries)	₹10 L/yr - ₹29.3 L/yr 22% less
NatWest Group AVP Salary 9 - 17 years exp. (34 salaries)	₹16 L/yr - ₹36 L/yr 23% more
HDFC Bank AVP Salary 10 - 21 years exp. (32 salaries)	₹13.5 L/yr - ₹36 L/yr 14% more

AVP salary at HDFC Ergo General Insurance ranges between ₹15 Lakhs to ₹28 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance AVP salaries in New Delhi

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹19.6 L/yr - ₹25.1 L/yr
13 years (AmbitionBox Estimate)	₹19.2 L/yr - ₹24.5 L/yr
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14 years (AmbitionBox Estimate)	₹18.7 L/yr - ₹23.9 L/yr
15+ years (3 salaries)	₹15 L/yr - ₹28 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

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(162 salaries)

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Assistant Vice President Salary

(43 salaries)

₹10 L/yr - ₹28 L/yr

Sales Executive Salary

(33 salaries)

₹1.75 L/yr - ₹4 L/yr

Junior Associate Salary

(30 salaries)

₹2.3 L/yr - ₹4 L/yr

Senior Associate Salary

(26 salaries)

₹3.12 L/yr - ₹5.2 L/yr

Back Office Executive Salary

(24 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Claims Executive Salary

(17 salaries)

₹2.15 L/yr - ₹4.47 L/yr

Customer Care Executive Salary

(13 salaries)

₹1.95 L/yr - ₹4.35 L/yr

Customer Service Executive Salary

(13 salaries)

₹1.65 L/yr - ₹3.8 L/yr

Operations Executive Salary

(7 salaries)

₹2.95 L/yr - ₹4.6 L/yr

Salary related reviews for HDFC Ergo General Insurance

3.0

Rated by 1 employees for salary & benefits

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

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.

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.

Skill development - Poor

+1 more

Deputy Manager Operations in Cuttack

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 06 May 2023

1.0

for Salary and Benefits

Likes

Company it will be give benifits like mandatory leave and GMC etc

Dislikes

Work culture is very bad as lot of work loads but campare to work salary is low.Appraisal is always suspense even you work better you may face bad appraisal.Even on sat and sun you may have to work if work is overloaded.

Salary - Bad

+5 more

Junior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Mar 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

No promotion, no salary hike, people are more interested in office politics and gossiping, no recognition, sunday working 2 twice a month with no comp off, extra working hours with no extra pay.

Salary - Bad

+5 more

Customer Experience Manager in Noida

Full Time

Human Resources Department

4.0

• posted on 10 Jun 2022

4.0

for Salary and Benefits

Likes

I like the company's culture, work environment and job security and so .. Teammates are very supportive and management is good.

Salary - Good

+6 more

Dislikes

I don't think so there is any negative points that u need to be point out. One point is that the salary is decent but growth in career is very slow

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Ergo General Insurance AVP Salary FAQs

What is the salary of AVP at HDFC Ergo General Insurance in New Delhi?

The average salary of a AVP at HDFC Ergo General Insurance in New Delhi typically ranges from ₹15.0 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 12 years to 18 years).

The top 10% of AVP in New Delhi at HDFC Ergo General Insurance earn more than ₹28.0 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. AVP 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 4 HDFC Ergo General Insurance employees in India.

What is the estimated take home salary of a AVP at HDFC Ergo General Insurance in New Delhi?

The estimated take-home salary of a AVP at HDFC Ergo General Insurance in New Delhi typically ranges from ₹1,36,138 to ₹1,41,157 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 12 years to 18 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 4 salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

HSBC Group	₹17.0 Lakhs to ₹46.0 Lakhs per year
NatWest Group	₹16.0 Lakhs to ₹36.0 Lakhs per year
Axis Max Life Insurance	₹16.0 Lakhs to ₹38.0 Lakhs per year
HDFC Bank	₹13.5 Lakhs to ₹36.0 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 AVP in companies similar to HDFC Ergo General Insurance in New Delhi?

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

IndusInd Bank

₹10.0 Lakhs to ₹29.3 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 AVP at HDFC Ergo General Insurance in New Delhi?

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

Experience	Average Salary Range
12 years	₹19.6 Lakhs to ₹25.1 Lakhs per year
13 years	₹19.2 Lakhs to ₹24.5 Lakhs per year
14 years	₹18.7 Lakhs to ₹23.9 Lakhs per year
15 years	₹15.0 Lakhs to ₹28.0 Lakhs per year

and so on.

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HDFC Ergo General Insurance AVP Salaries in New Delhi

HDFC Ergo General Insurance AVP salary in New Delhi ranges between ₹15 Lakhs to ₹28 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.