HDFC Ergo General Insurance Pune Branch Manager Salaries by 7 Employees (Updated 2024)

9 - 15 years exp.

₹5.8 Lakhs - ₹11.5 Lakhs

Salary of majority employees

At par with the average Branch Manager Salary in Insurance Companies for 9 - 15 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Sales & Business Development Branch Manager Salary 9 - 12 years exp. (4 salaries)	₹8.9 L/yr - ₹11.5 L/yr
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BFSI, Investments & Trading Branch Manager Salary 12 - 15 years exp. (AmbitionBox Estimate)	₹8.7 L/yr - ₹10 L/yr

Last Updated: 5 Mar 2024

Companies similar to HDFC Ergo General Insurance for Branch Manager in Pune

HDFC Ergo General Insurance Branch Manager Salary

9 - 15 years exp. (7 salaries)

₹5.8 L/yr - ₹11.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Branch Manager Salary 5 - 17 years exp. (9 salaries)	₹7.5 L/yr - ₹11.5 L/yr 6% less	1 job opening
Care Health Insurance Branch Manager Salary 3 - 13 years exp. (22 salaries)	₹4.5 L/yr - ₹7 L/yr 42% less	1 job opening
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HDFC Life Branch Manager Salary 8 - 15 years exp. (18 salaries)	₹6.5 L/yr - ₹10 L/yr 8% less
Star Health & Allied Insurance Branch Manager Salary 6 - 12 years exp. (12 salaries)	₹4 L/yr - ₹9.4 L/yr 24% less	3 job openings
ICICI Prudential Life Insurance Branch Manager Salary 7 - 18 years exp. (11 salaries)	₹11 L/yr - ₹17 L/yr 29% more
Kotak Mahindara Life Insurance Branch Manager Salary 4 - 16 years exp. (10 salaries)	₹6 L/yr - ₹11.5 L/yr 9% less
Max Life Insurance Branch Manager Salary 9 - 16 years exp. (7 salaries)	₹8.5 L/yr - ₹11 L/yr 5% more	4 job openings
Future Generali India Life Insurance Branch Manager Salary 6 - 19 years exp. (4 salaries)	₹7.5 L/yr - ₹15 L/yr 6% less	1 job opening
PNB MetLife Branch Manager Salary 11 - 12 years exp. (3 salaries)	₹8.9 L/yr - ₹11 L/yr 7% more

Branch Manager salary at HDFC Ergo General Insurance ranges between ₹5.8 Lakhs to ₹11.5 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Branch Manager salaries in Pune

Last Updated: 5 Mar 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10 L/yr
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11 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
12 years (3 salaries)	₹8.9 L/yr - ₹11.5 L/yr
13 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
14 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
15+ years (AmbitionBox Estimate)	₹5.8 L/yr - ₹18.4 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary

(53 salaries)

₹3.92 L/yr - ₹8.8 L/yr

Sales Manager Salary

(19 salaries)

₹3 L/yr - ₹7.5 L/yr

Area Manager Salary

(3 salaries)

₹8.5 L/yr - ₹12 L/yr

Top skills at HDFC Ergo General Insurance for Branch Manager

Branch Management Branch Handling Insurance Sales Heading Branch Agency Channel Agency Sales Agent Recruitment Sales Health Insurance Team Handling General Insurance Area Management Territory Management Life Insurance Regional Management

Salary related reviews for HDFC Ergo General Insurance

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Nov 2022

1.0

for Salary and Benefits

Likes

Claims

Dislikes

...what to do and how.. just business without planning. Lack of vision n mission. Comparatively Very low salary and incentives . Software n system upto 1980s. Focus on employee tracking instead of supporting.

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.

Sales Executive in Noida

Full Time

Other Department

5.0

• posted on 14 Jul 2020

5.0

for Salary and Benefits

Likes

Manager are more cooperative , i am happy with management and also they will give salary on time in this pandemic situation.

Dislikes

Everything is fine but i am not happy with my salary. Salary is too low as compared my work. I am too dedicated to my work .

Cluster Head in Agra

BFSI, Investments & Trading Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

It's Good place to work. In this company lot of opportunity to increase your career. and support of seniors is too good

Dislikes

Salary growth and career growth is very slow but lot of learing I have got from there do I am happy with HDFC ERGO

Sales Officer in Noida

Customer Success, Service & Operations Department

5.0

• posted on 10 Jun 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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 Branch Manager Salary FAQs

What is the salary of Branch Manager at HDFC Ergo General Insurance Pune?

Branch Manager salary at HDFC Ergo General Insurance in Pune ranges between ₹5.8 Lakhs to ₹11.5 Lakhs for experience between 9 years to 15 years. According to our estimates it is 3% less than the average Branch Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Ergo General Insurance Pune.

How does the salary of a Branch Manager at HDFC Ergo General Insurance Pune compare with the average salary range for this job?

The average salary of a Branch Manager at HDFC Ergo General Insurance is 3% less than the average salary of a Branch Manager in Pune. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at HDFC Ergo General Insurance?

Branch Management, Branch Handling, Insurance Sales, Heading Branch and Agency Channel are some of the popular skills required to work as a Branch Manager at HDFC Ergo General Insurance Pune.

Which similar companies are paying more than HDFC Ergo General Insurance to a Branch Manager in Pune?

ICICI Prudential Life Insurance Branch Manager Salary - ₹11.0 Lakhs to ₹17.0 Lakhs per year
PNB MetLife Branch Manager Salary - ₹8.9 Lakhs to ₹11.0 Lakhs per year
Max Life Insurance Branch Manager Salary - ₹8.5 Lakhs to ₹11.0 Lakhs per year

What is the salary of a Branch Manager in companies similar to HDFC Ergo General Insurance in Pune?

Future Generali India Life Insurance Branch Manager Salary - ₹7.5 Lakhs to ₹15.0 Lakhs per year
ICICI Lombard General Insurance Company Branch Manager Salary - ₹7.5 Lakhs to ₹11.5 Lakhs per year
HDFC Life Branch Manager Salary - ₹6.5 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindara Life Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹11.5 Lakhs per year
Star Health & Allied Insurance Branch Manager Salary - ₹4.0 Lakhs to ₹9.4 Lakhs per year

What is the estimated take home salary of a Branch Manager at HDFC Ergo General Insurance in Pune?

The estimated take-home salary of a Branch Manager at HDFC Ergo General Insurance ranges between ₹69,746 per month to ₹71,539 per month in Pune. The take-home salary calculation is based on the average HDFC Ergo General Insurance Branch Manager salary in India which ranges between ₹5.8 Lakhs to ₹11.5 Lakhs per year for employees with experience between 9 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at HDFC Ergo General Insurance in Pune?

According to AmbitionBox, 50% of the HDFC Ergo General Insurance Branch Managers in Pune reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Branch Manager Salaries in Pune

HDFC Ergo General Insurance Branch Manager salary in Pune ranges between ₹5.8 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.