HDFC Ergo General Insurance Business Manager Salaries by 3 Employees (Updated 2025)

1 - 5 years exp.

₹3.9 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Business Manager Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 16 Oct 2024

Companies similar to HDFC Ergo General Insurance for Business Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Business Manager Salary 3 - 14 years exp. (10 salaries)	₹2.3 L/yr - ₹10 L/yr 47% less
Bajaj Allianz General Insurance Business Manager Salary 4 - 11 years exp. (9 salaries)	₹3.9 L/yr - ₹6.3 L/yr 52% less
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Reliance General Insurance Business Manager Salary 7 - 17 years exp. (133 salaries)	₹4.5 L/yr - ₹12.3 L/yr 14% less
SBI General Insurance Business Manager Salary 6 - 14 years exp. (5 salaries)	₹4 L/yr - ₹15.1 L/yr 9% less
Future Generali India Life Insurance Business Manager Salary 1 - 16 years exp. (7 salaries)	₹3.8 L/yr - ₹6.5 L/yr 45% less
Shriram Life Insurance Business Manager Salary 0 - 7 years exp. (59 salaries)	₹2.2 L/yr - ₹5 L/yr 60% less	1 job opening
SBI Life Insurance Company Business Manager Salary 5 - 16 years exp. (29 salaries)	₹4.4 L/yr - ₹8.5 L/yr 31% less
Tata AIA Life Insurance Business Manager Salary 4 - 17 years exp. (18 salaries)	₹6.5 L/yr - ₹10.6 L/yr 11% 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
PNB MetLife Business Manager Salary 3 - 14 years exp. (7 salaries)	₹3.5 L/yr - ₹7.5 L/yr 41% less
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Bajaj Allianz Life Insurance Business Manager Salary 7 - 13 years exp. (6 salaries)	₹4.5 L/yr - ₹6 L/yr 53% 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
Niva Bupa Health Insurance Company Business Manager Salary 0 - 10 years exp. (5 salaries)	₹8 L/yr - ₹9 L/yr 10% less
Axis Max Life Insurance Business Manager Salary 4 - 10 years exp. (4 salaries)	₹3.1 L/yr - ₹6.4 L/yr 55% less
Kotak Mahindara Life Insurance Business Manager Salary 0 - 10 years exp. (4 salaries)	₹3.4 L/yr - ₹6.2 L/yr 49% less

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
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5 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

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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.

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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HDFC Ergo General Insurance Business Manager Salary FAQs

What is the notice period for Business Manager at HDFC Ergo General Insurance?

According to AmbitionBox, 100% of the HDFC Ergo General Insurance Business Managers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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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.