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HDFC Ergo General Insurance Business Development Executive salaries in India (Updated 2025)

Annual salary range
1 - 6 years exp.
₹1.8 Lakh - ₹4.8 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.
Avg. annual salary
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Monthly In-hand Salary

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20% less than the average Business Development Executive Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Business Development Executive Salary
4 - 6 years exp. (4 salaries)
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₹1.8 L/yr - ₹4 L/yr

Sales & Business Development
Business Development Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.8 L/yr

Last Updated: 5 Jan 2025

Companies similar to HDFC Ergo General Insurance for Business Development Executive

Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹4.5 L/yr

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₹2.5 L/yr - ₹6.9 L/yr

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₹1.4 L/yr - ₹4 L/yr

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₹1.2 L/yr - ₹4.4 L/yr

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2 job openings
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₹2.4 L/yr - ₹6 L/yr

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₹2.4 L/yr - ₹4.1 L/yr

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₹1.2 L/yr - ₹4.7 L/yr

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₹1.8 L/yr - ₹4.5 L/yr

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₹2.7 L/yr - ₹5 L/yr

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₹1.8 L/yr - ₹2.6 L/yr

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₹2 L/yr - ₹3.1 L/yr

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₹8.1 L/yr - ₹12.5 L/yr

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₹1.2 L/yr - ₹13.8 L/yr

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₹2 L/yr - ₹3.6 L/yr

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Business Development Executive salary at HDFC Ergo General Insurance ranges between ₹1.8 Lakh to ₹4.8 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 8 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Business Development Executive

3d ago
₹4.8 Lakhs
3 years exp.
1mo ago
₹3.8 Lakhs
2 years exp.
9mo ago
₹3.4 Lakhs
2 years exp.
11mo ago
₹3.4 Lakhs
1 year exp.
1y ago
₹1.8 Lakh
6 years exp.
1y ago
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4 years exp.
1y ago
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5 years exp.
1y ago
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6 years exp.

Experience wise HDFC Ergo General Insurance Business Development Executive salaries

Last Updated: 5 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.4 L/yr
2 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5.7 L/yr
View all

Similar Designation salaries in HDFC Ergo General Insurance

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₹2.8 L/yr - ₹3.6 L/yr
Business Development Officer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹4.8 L/yr - ₹6.1 L/yr
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₹2.7 L/yr - ₹5.4 L/yr
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₹3.2 L/yr - ₹4 L/yr
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₹2 L/yr - ₹2.5 L/yr
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₹2.7 L/yr - ₹4.5 L/yr
Sales Executive Salary
(213 salaries)
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₹1.45 L/yr - ₹4.95 L/yr
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₹2 L/yr - ₹3 L/yr
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₹4.5 L/yr - ₹15.56 L/yr

Salary related reviews for HDFC Ergo General Insurance

1.0

Rated by 1 employees for salary & benefits

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.

read more
  • Salary - Excellent
  • +6 more

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 .

read more

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

read more
  • Salary - Excellent
  • +6 more

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.

read more

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Sep 2020

3.0
 for  Salary and Benefits

Likes

...e well..every 3months they will arrange trips.hdfc ergo we were like a family..they will provide on time salary and good bonus.. as a part of HDFC ERGO I personally enjoyed a lot

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Nil

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.

read more
  • Salary - Poor
  • +6 more

BFSI, Investments & Trading Department

3.0
  •  posted on 29 Jul 2018

2.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopte latest technology.another plus point is that my colleagues come from verious cultural background, and we work happily collaboration

read more
  • Skill development - Good
  • +3 more

Dislikes

Compensation is decent, but growth is nothing

  • Salary - Poor
  • +2 more
see more salary related reviews

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HDFC Ergo General Insurance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at HDFC Ergo General Insurance ?
The average salary of a Business Development Executive at HDFC Ergo General Insurance in India typically ranges from ₹1.8 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Business Development Executive at HDFC Ergo General Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Business Development Executive 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 8 HDFC Ergo General Insurance employees in India.
What is the estimated take home salary of a Business Development Executive at HDFC Ergo General Insurance in India?
The estimated take-home salary of a Business Development Executive at HDFC Ergo General Insurance in India typically ranges from ₹22,638 to ₹24,112 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 1 year to 6 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 8 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 Business Development Executive in India?
The New India Assurance Co. ₹8.1 Lakhs to ₹12.5 Lakhs per year
The Oriental Insurance Co. ₹1.2 Lakhs to ₹13.8 Lakhs per year
ICICI Lombard General Insurance Company ₹2.5 Lakhs to ₹6.9 Lakhs per year
ICICI Prudential Life Insurance ₹2.4 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance ₹2.4 Lakhs to ₹4.1 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 Business Development Executive in companies similar to HDFC Ergo General Insurance in India?
The salary of a Business Development Executive at companies similar to HDFC Ergo General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindara Life Insurance ₹1.2 Lakhs to ₹4.7 Lakhs per year
Axis Max Life Insurance ₹2.7 Lakhs to ₹5.0 Lakhs per year
SBI Life Insurance Company ₹2.0 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.0 Lakhs to ₹3.1 Lakhs per year
Star Health & Allied Insurance ₹1.8 Lakhs to ₹4.5 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 Business Development Executive at HDFC Ergo General Insurance in India?
The salary growth for a Business Development Executive at HDFC Ergo General Insurance depends on factors such as experience, performance, and promotions. On average, a Business Development Executive can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
1 year ₹1.3 Lakhs to ₹3.4 Lakhs per year
2 years ₹1.3 Lakhs to ₹3.8 Lakhs per year
3 years ₹1.3 Lakhs to ₹4.8 Lakhs per year
4 years ₹1.3 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Ergo General Insurance Business Development Executive salary in India ranges between ₹1.8 Lakh to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.