HDFC Ergo General Insurance Channel Sales Manager Salaries by 80+ Employees (Updated 2024)

0 - 8 years exp.

₹2.4 Lakhs - ₹4.1 Lakhs

Salary of majority employees

54% less than the average Channel Sales Manager Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Channel Sales Manager Salary 0 - 8 years exp. (35 salaries)	₹2.4 L/yr - ₹4.1 L/yr
Sales & Business Development Channel Sales Manager Salary 0 - 7 years exp. (17 salaries)	₹2.8 L/yr - ₹3.5 L/yr
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Marketing & Communication Channel Sales Manager Salary 1 - 7 years exp. (10 salaries)	₹2.5 L/yr - ₹3.6 L/yr
Customer Success, Service & Operations Channel Sales Manager Salary 1 - 5 years exp. (6 salaries)	₹2.9 L/yr - ₹3.3 L/yr
Data Science & Analytics Channel Sales Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.2 L/yr

Last Updated: 26 Jun 2024

Companies similar to HDFC Ergo General Insurance for Channel Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Channel Sales Manager Salary 4 - 12 years exp. (8 salaries)	₹3.3 L/yr - ₹9.3 L/yr 67% more
Bajaj Allianz General Insurance Channel Sales Manager Salary 3 - 12 years exp. (4 salaries)	₹2.6 L/yr - ₹5.8 L/yr 51% more
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Reliance General Insurance Channel Sales Manager Salary 2 - 7 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 74% more
Tata AIG Channel Sales Manager Salary 0 - 11 years exp. (977 salaries)	₹2 L/yr - ₹8 L/yr 42% more	103 job openings
SBI General Insurance Channel Sales Manager Salary 1 - 15 years exp. (3 salaries)	₹3.5 L/yr - ₹10 L/yr 140% more
Future Generali India Life Insurance Channel Sales Manager Salary 9 - 11 years exp. (4 salaries)	₹6.4 L/yr - ₹8.7 L/yr 131% more
Tata AIA Life Insurance Channel Sales Manager Salary 1 - 6 years exp. (8 salaries)	₹3.1 L/yr - ₹5 L/yr 13% more
HDFC Life Channel Sales Manager Salary 6 - 14 years exp. (6 salaries)	₹3.2 L/yr - ₹10.5 L/yr 85% more
Bajaj Allianz Life Insurance Channel Sales Manager Salary 0 - 13 years exp. (5 salaries)	₹2.7 L/yr - ₹7 L/yr 29% more
Niva Bupa Health Insurance Company Channel Sales Manager Salary 0 - 7 years exp. (5 salaries)	₹4.3 L/yr - ₹4.5 L/yr 37% more
Max Life Insurance Channel Sales Manager Salary 0 - 12 years exp. (4 salaries)	₹2.2 L/yr - ₹12.5 L/yr 99% more
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Kotak Mahindara Life Insurance Channel Sales Manager Salary 3 - 7 years exp. (4 salaries)	₹3.8 L/yr - ₹8.2 L/yr 74% more
Care Health Insurance Channel Sales Manager Salary 6 - 10 years exp. (4 salaries)	₹3 L/yr - ₹5.9 L/yr 41% more
Shriram Life Insurance Channel Sales Manager Salary 3 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹2.9 L/yr 22% less
Aditya Birla Sun Life Insurance Channel Sales Manager Salary 0 - 9 years exp. (3 salaries)	₹2.5 L/yr - ₹7 L/yr 33% more
PNB MetLife Channel Sales Manager Salary 4 - 15 years exp. (3 salaries)	₹2.8 L/yr - ₹7.8 L/yr 92% more
AIG Channel Sales Manager Salary 0 - 7 years exp. (3 salaries)	₹3.8 L/yr - ₹4.4 L/yr 27% more

Channel Sales Manager salary at HDFC Ergo General Insurance ranges between ₹2.4 Lakhs to ₹4.1 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 83 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Channel Sales Manager salaries

Last Updated: 26 Jun 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹3 L/yr - ₹3.3 L/yr
1 year (19 salaries)	₹2.5 L/yr - ₹3.3 L/yr
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2 years (11 salaries)	₹2.4 L/yr - ₹3.7 L/yr
3 years (14 salaries)	₹2.7 L/yr - ₹3.6 L/yr
4 years (12 salaries)	₹2.5 L/yr - ₹4.1 L/yr
5 years (8 salaries)	₹2.7 L/yr - ₹3.5 L/yr
6 years (5 salaries)	₹3 L/yr - ₹4 L/yr
7 years (8 salaries)	₹2.5 L/yr - ₹3.5 L/yr
8 years (3 salaries)	₹3 L/yr - ₹5.9 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Senior Sales Manager Salary

(20 salaries)

₹2.7 L/yr - ₹9.5 L/yr

Area Sales Manager Salary

(156 salaries)

₹5.05 L/yr - ₹18.64 L/yr

Sales Manager Salary

(299 salaries)

₹2 L/yr - ₹7.7 L/yr

Assistant Sales Manager Salary

(33 salaries)

₹2.6 L/yr - ₹5.25 L/yr

Territory Sales Manager Salary

(22 salaries)

₹4.15 L/yr - ₹8 L/yr

Business Manager Salary

(3 salaries)

₹3.9 L/yr - ₹15 L/yr

Regional Manager Salary

(29 salaries)

₹8 L/yr - ₹22.24 L/yr

Branch Manager Salary

(213 salaries)

₹4.7 L/yr - ₹14 L/yr

Area Manager Salary

(41 salaries)

₹6.6 L/yr - ₹12.5 L/yr

Marketing Manager Salary

(15 salaries)

₹5.95 L/yr - ₹15.5 L/yr

Top skills at HDFC Ergo General Insurance for Channel Sales Manager

Channel Sales Business Development Sales Management

Salary related reviews for HDFC Ergo General Insurance

3.5

Rated by 17 employees for salary & benefits

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.

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.

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 .

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.

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.

Dislikes

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

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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 Channel Sales Manager Salary FAQs

What is the salary of Channel Sales Manager at HDFC Ergo General Insurance?

Channel Sales Manager salary at HDFC Ergo General Insurance in India ranges between ₹2.4 Lakhs to ₹4.1 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 54% less than the average Channel Sales Manager Salary in India. Salary estimates are based on 83 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Channel Sales Manager at HDFC Ergo General Insurance is 54% less than the average salary of a Channel Sales Manager in India. To know exact salary insights, login to view.

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

Channel Sales, Business Development and Sales Management are some of the popular skills required to work as a Channel Sales Manager at HDFC Ergo General Insurance India.

Which similar companies are paying more than HDFC Ergo General Insurance to a Channel Sales Manager in India?

SBI General Insurance Channel Sales Manager Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year
Future Generali India Life Insurance Channel Sales Manager Salary - ₹6.4 Lakhs to ₹8.7 Lakhs per year
Max Life Insurance Channel Sales Manager Salary - ₹2.2 Lakhs to ₹12.5 Lakhs per year
PNB MetLife Channel Sales Manager Salary - ₹2.8 Lakhs to ₹7.8 Lakhs per year
HDFC Life Channel Sales Manager Salary - ₹3.2 Lakhs to ₹10.5 Lakhs per year

What is the salary of a Channel Sales Manager in companies similar to HDFC Ergo General Insurance in India?

Kotak Mahindara Life Insurance Channel Sales Manager Salary - ₹3.8 Lakhs to ₹8.2 Lakhs per year
Reliance General Insurance Channel Sales Manager Salary - ₹5.0 Lakhs to ₹6.0 Lakhs per year
ICICI Lombard General Insurance Company Channel Sales Manager Salary - ₹3.3 Lakhs to ₹9.3 Lakhs per year
Bajaj Allianz General Insurance Channel Sales Manager Salary - ₹2.6 Lakhs to ₹5.8 Lakhs per year
Tata AIG Channel Sales Manager Salary - ₹2.0 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Channel Sales Manager at HDFC Ergo General Insurance in India?

The estimated take-home salary of a Channel Sales Manager at HDFC Ergo General Insurance ranges between ₹23,061 per month to ₹24,528 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Channel Sales Manager salary in India which ranges between ₹2.4 Lakhs to ₹4.1 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the HDFC Ergo General Insurance Channel Sales Managers reported a notice period of 1 Month, 30% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Channel Sales Manager Salaries by Location

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HDFC Ergo General Insurance Channel Sales Manager Salaries

HDFC Ergo General Insurance Channel Sales Manager salary in India ranges between ₹2.4 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 83 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

HDFC Ergo General Insurance Channel Sales Manager salaries in India

Companies similar to HDFC Ergo General Insurance for Channel Sales Manager

Latest annual salaries shared by HDFC Ergo General Insurance Channel Sales Manager

Experience wise HDFC Ergo General Insurance Channel Sales Manager salaries

Similar Designation salaries in HDFC Ergo General Insurance

Top skills at HDFC Ergo General Insurance for Channel Sales Manager

Salary related reviews for HDFC Ergo General Insurance

Deputy Manager in Surat

Branch Manager in Mumbai

Sales Executive in Noida

Sales Officer in Noida

Territory Sales Manager in Bhubaneswar

HDFC Ergo General Insurance Channel Sales Manager Salary FAQs

Tell us how to improve this page.

HDFC Ergo General Insurance Channel Sales Manager Salaries by Location