HDFC Ergo General Insurance Business Manager Salaries by 3 Employees

1 - 5 years exp.

₹3.9 Lakhs - ₹15 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% less than the average Business Manager Salary in Insurance Companies for 1 - 5 years of experience

Interested in this particular role?

Last Updated: 16 Oct 2024

Companies similar to HDFC Ergo General Insurance for Business Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Life Insurance Business Manager Salary 0 - 7 years exp. (64 salaries)	₹3 L/yr - ₹5 L/yr 60% less	1 job opening
Tata AIA Life Insurance Business Manager Salary 2 - 17 years exp. (21 salaries)	₹5.6 L/yr - ₹11 L/yr 15% less
Login to view exact salary
SBI Life Insurance Company Business Manager Salary 5 - 12 years exp. (16 salaries)	₹5.1 L/yr - ₹7.3 L/yr 31% less
ICICI Lombard General Insurance Company Business Manager Salary 3 - 14 years exp. (10 salaries)	₹2.3 L/yr - ₹10 L/yr 47% less
HDFC Life Business Manager Salary 3 - 13 years exp. (10 salaries)	₹2.4 L/yr - ₹8.1 L/yr 53% less
ICICI Prudential Life Insurance Business Manager Salary 0 - 6 years exp. (8 salaries)	₹3.1 L/yr - ₹4 L/yr 61% less
Aegon Religare Life Insurance Business Manager Salary 1 - 17 years exp. (6 salaries)	₹2 L/yr - ₹4.3 L/yr 65% less
Axis Max Life Insurance Business Manager Salary 5 - 12 years exp. (5 salaries)	₹3.1 L/yr - ₹9.5 L/yr 44% less
Aditya Birla Sun Life Insurance Business Manager Salary 11 - 18 years exp. (5 salaries)	₹7.9 L/yr - ₹8.3 L/yr 18% less
Bajaj Allianz Life Insurance Business Manager Salary 3 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹5.2 L/yr 53% less
Kotak Mahindara Life Insurance Business Manager Salary 0 - 10 years exp. (4 salaries)	₹3.4 L/yr - ₹6.2 L/yr 49% less
Login to view exact salary

Business Manager salary at HDFC Ergo General Insurance ranges between ₹3.9 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Business Manager salaries

Last Updated: 16 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Area Business Manager Salary

(3 salaries)

₹4 L/yr - ₹9 L/yr

Branch Manager Salary

(190 salaries)

₹4.7 L/yr - ₹14.5 L/yr

Sales Manager Salary

(286 salaries)

₹2.4 L/yr - ₹7.5 L/yr

Regional Manager Salary

(25 salaries)

₹8 L/yr - ₹23.87 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Area Manager Salary

(40 salaries)

₹6 L/yr - ₹12.5 L/yr

Deputy Manager Salary

(885 salaries)

₹3 L/yr - ₹10.25 L/yr

Territory Manager Salary

(18 salaries)

₹4 L/yr - ₹10 L/yr

Area Sales Manager Salary

(140 salaries)

₹4.9 L/yr - ₹19.06 L/yr

Marketing Manager Salary

(15 salaries)

₹5.95 L/yr - ₹15.5 L/yr

Salary related reviews for HDFC Ergo General Insurance

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

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.

Salary - Bad

+6 more

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.

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 .

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

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.

Territory Sales Manager in Bhubaneswar

BFSI, Investments & Trading Department

4.0

• posted on 16 Oct 2020

4.0

for Salary and Benefits

Likes

... company to work with. All employees are supportive from FLS level to top level. Salary, incentive and promotion structure is good which plays a supportive role to encourage the employees.

Salary - Good

+6 more

Dislikes

Employees favouritism is there so no one should expect appraisal on the basis of performance.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about HDFC Ergo General Insurance?

Ask anonymously on communities.

HDFC Ergo General Insurance Business Manager Salary FAQs

How the salary growth look like for a Business Manager at HDFC Ergo General Insurance in India?

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

Experience	Average Salary Range
1 year	₹3.5 Lakhs to ₹4.5 Lakhs per year
2 years	₹13.5 Lakhs to ₹17.2 Lakhs per year
5 years	₹9.0 Lakhs to ₹11.5 Lakhs per year

and so on.

Tell us how to improve this page.

HDFC Ergo General Insurance Business Manager Salaries by Location

Home >
Salaries >
HDFC Ergo General Insurance Salaries >
HDFC Ergo General Insurance Business Manager Salaries

HDFC Ergo General Insurance Business Manager salary in India ranges between ₹3.9 Lakhs to ₹15 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.