HDFC Ergo General Insurance Banking Operations Executive Salaries by 3 Employees (Updated 2024)

5 - 7 years exp.

₹2.3 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

7% more than the average Banking Operations Executive Salary in Insurance Companies for 5 - 7 years of experience

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Salaries in different departments

Finance & Accounting Banking Operations Executive Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
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BFSI, Investments & Trading Banking Operations Executive Salary 5 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr

Last Updated: 10 Dec 2023

Companies similar to HDFC Ergo General Insurance for Banking Operations Executive

Company name	Avg Annual Salary	Open Jobs
Tata AIG Banking Operations Executive Salary 2 - 13 years exp. (5 salaries)	₹1.8 L/yr - ₹3.5 L/yr 10% less
Axis Bank Banking Operations Executive Salary 0 - 4 years exp. (11 salaries)	₹2 L/yr - ₹4 L/yr 3% more
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Bandhan Bank Banking Operations Executive Salary 1 - 6 years exp. (10 salaries)	₹1.9 L/yr - ₹3.6 L/yr 20% less
HSBC Group Banking Operations Executive Salary 0 - 6 years exp. (9 salaries)	₹3 L/yr - ₹4.5 L/yr 31% more
ICICI Bank Banking Operations Executive Salary 0 - 5 years exp. (8 salaries)	₹2 L/yr - ₹4.8 L/yr 1% less

Banking Operations Executive salary at HDFC Ergo General Insurance ranges between ₹2.3 Lakhs to ₹3.8 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Banking Operations Executive salaries

Last Updated: 10 Dec 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

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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.

Operations Executive in Mumbai

Operations Department

4.0

• posted on 11 Oct 2020

4.0

for Salary and Benefits

Likes

This is my first corporate job in HDFC, and I'm still working, everything is good.

Dislikes

I'm working in this company from last 4 years, still I'm struggling to get on payroll, in pemdamic employees who are on company payroll get their bonus on time (April) and we still don't know anything about ours. at the end we come to know that company is in loss so third party payroll employees can't get bonus as well as increment this year. which is something I did not expected. Payroll employees got their bonus but at our time it's in loss, that's Sad.

Relationship Manager in Patna

Bancainsurance Department

2.0

• posted on 28 Jun 2018

2.0

for Salary and Benefits

Likes

I don't like anything about working in Apollo Munich, except few people.

Dislikes

There id nothing to like, There is no transparency in salary cut And they won't give Allowances if you will not Achieve your target. There is no management support. Full stressful life, Senior don't know how to work. They will simply put pressure on you.

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.

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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 Banking Operations Executive Salary FAQs

What is the notice period for Banking Operations Executive at HDFC Ergo General Insurance?

According to AmbitionBox, 50% of the HDFC Ergo General Insurance Banking Operations Executives reported a notice period of 1 Month, 50% 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 Banking Operations Executive Salaries

HDFC Ergo General Insurance Banking Operations Executive salary in India ranges between ₹2.3 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

HDFC Ergo General Insurance Banking Operations Executive salaries in India

Companies similar to HDFC Ergo General Insurance for Banking Operations Executive

Latest annual salaries shared by HDFC Ergo General Insurance Banking Operations Executive

Experience wise HDFC Ergo General Insurance Banking Operations Executive salaries

Similar Designation salaries in HDFC Ergo General Insurance

Salary related reviews for HDFC Ergo General Insurance

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HDFC Ergo General Insurance Banking Operations Executive Salary FAQs

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