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based on 3.1k Reviews

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HDFC Ergo General Insurance Bancassurance Manager salaries in Mumbai

Annual salary range
8 - 10 years exp.
₹8.5 Lakhs - ₹9.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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63% more than the average Bancassurance Manager Salary in Insurance Companies for 8 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Bancassurance Manager Salary
8 - 10 years exp. (AmbitionBox Estimate)
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₹9.1 L/yr - ₹9.5 L/yr

Sales & Business Development
Bancassurance Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹8.5 L/yr - ₹9.2 L/yr

Last Updated: 14 Mar 2023

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

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HDFC Ergo General Insurance Bancassurance Manager Salary

8 - 10 years exp. (3 salaries)
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₹8.5 L/yr - ₹9.5 L/yr

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Bancassurance Manager salary at HDFC Ergo General Insurance ranges between ₹8.5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Ergo General Insurance.

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

1y ago
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8 years exp.
1y ago
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10 years exp.
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8 years exp.

Experience wise HDFC Ergo General Insurance Bancassurance Manager salaries in Mumbai

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹9.5 L/yr
9 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹10.5 L/yr
10 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹9.5 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary
(245 salaries)
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₹3 L/yr - ₹10.25 L/yr
Sales Manager Salary
(28 salaries)
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₹3 L/yr - ₹6.5 L/yr
Relationship Manager Salary
(8 salaries)
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₹2.4 L/yr - ₹4.1 L/yr

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.

read more

Dislikes

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

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 · 

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  •  posted on 09 Aug 2024
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Office timing, work life balance

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

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 · 

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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

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Agency Manager in Bhopal

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 · 

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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.

read more

Assistant Manager in Tinsukia

Full Time

 · 

Other Department

4.0
  •  posted on 15 Jul 2023
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 for  Salary and Benefits

Likes

Like

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.

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a technical project manager
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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 Bancassurance Manager Salary FAQs

What is the notice period for Bancassurance Manager at HDFC Ergo General Insurance in Mumbai?
According to AmbitionBox, 100% of the HDFC Ergo General Insurance Bancassurance Managers in Mumbai 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 Bancassurance Manager salary in Mumbai ranges between ₹8.5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.