HDFC Ergo General Insurance Mumbai Claims Manager Salaries by 7 Employees (Updated 2025)

6 - 15 years exp.

₹7 Lakhs - ₹12.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

39% more than the average Claims Manager Salary in Insurance Companies for 6 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Claims Manager Salary 8 - 15 years exp. (4 salaries)	₹9 L/yr - ₹12.5 L/yr
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Customer Success, Service & Operations Claims Manager Salary 9 - 12 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹11.3 L/yr

Last Updated: 10 Feb 2025

Companies similar to HDFC Ergo General Insurance for Claims Manager in Mumbai

HDFC Ergo General Insurance Claims Manager Salary

6 - 15 years exp. (7 salaries)

₹7 L/yr - ₹12.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Claims Manager Salary 4 - 16 years exp. (5 salaries)	₹7.8 L/yr - ₹10 L/yr 11% less
ICICI Lombard General Insurance Company Claims Manager Salary 4 - 9 years exp. (5 salaries)	₹2.9 L/yr - ₹8 L/yr 47% less
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Kotak Mahindara Life Insurance Claims Manager Salary 6 - 8 years exp. (4 salaries)	₹7 L/yr - ₹8.9 L/yr 12% less
SBI Life Insurance Company Claims Manager Salary 16 - 20 years exp. (3 salaries)	₹12.5 L/yr - ₹15.5 L/yr 53% more
Tata AIG Claims Manager Salary 1 - 10 years exp. (17 salaries)	₹4.3 L/yr - ₹8.4 L/yr 27% less

Claims Manager salary at HDFC Ergo General Insurance ranges between ₹7 Lakhs to ₹12.5 Lakhs per year for employees with experience between 6 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 Claims Manager salaries in Mumbai

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
7 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
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8 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
9 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
10 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
11 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
12 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
13 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
14 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
15+ years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary

(260 salaries)

₹3 L/yr - ₹10.25 L/yr

Team Lead Salary

(18 salaries)

₹2.9 L/yr - ₹5.13 L/yr

Relationship Manager Salary

(8 salaries)

₹2.5 L/yr - ₹8.23 L/yr

Claims Executive Salary

(8 salaries)

₹2 L/yr - ₹5 L/yr

Top skills at HDFC Ergo General Insurance for Claims Manager

Investigation fraud fraud control

Salary related reviews for HDFC Ergo General Insurance

3.1

Rated by 7 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.

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

Claims Executive in Noida

Health Claims Department

4.0

• posted on 11 Jul 2021

1.0

for Salary and Benefits

Likes

Company policy are best 👌

Work satisfaction - Good

+1 more

Dislikes

Company working culture are best & salary at the time but some antisocial aliment (ast. Manager ) they promote only those employees which feed them for an example mohd.saied health claim call centre assistant manager

Salary - Bad

+2 more

Relationship Manager in Patna

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.

Salary - Poor

+6 more

Customer Service Manager in Chennai

BFSI, Investments & Trading Department

5.0

• posted on 12 Oct 2021

4.0

for Salary and Benefits

Likes

The company policies are good and there is every year giving good salary hiking team mates and managers street very prenddy

Salary - Good

+5 more

Dislikes

Exactly thare is lot of Politics like giving promotions but company policies and management very good some managers not doesn't address our issues

Claims Executive in Rajkot

Marketing & Communication Department

5.0

• posted on 17 Aug 2018

5.0

for Salary and Benefits

Likes

My life best job

Salary - Excellent

+6 more

Dislikes

Compensation is decent but growth is slow the work pressure is very low some time i have. Work 14to18 hours in day also theare is no jobs training for fresher my name is parakramsinh jadeja

see more salary related reviews

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Top trending discussions

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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?

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HDFC Ergo General Insurance Claims Manager Salary FAQs

What is the salary of Claims Manager at HDFC Ergo General Insurance in Mumbai?

The average salary of a Claims Manager at HDFC Ergo General Insurance in Mumbai typically ranges from ₹7.0 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Claims Manager in Mumbai at HDFC Ergo General Insurance earn more than ₹12.3 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Claims Manager 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 7 HDFC Ergo General Insurance employees in India.

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

The estimated take-home salary of a Claims Manager at HDFC Ergo General Insurance in Mumbai typically ranges from ₹66,849 to ₹68,560 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 6 years to 15 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 7 salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Claims Manager at HDFC Ergo General Insurance in Mumbai?

To be a Claims Manager at HDFC Ergo General Insurance in Mumbai, the key skills required include:

- Investigation
- fraud
- fraud control

These skills are highly valued at HDFC Ergo General Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Ergo General Insurance for Claims Manager in India?

SBI Life Insurance Company

₹12.5 Lakhs to ₹15.5 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 Claims Manager in companies similar to HDFC Ergo General Insurance in Mumbai?

The salary of a Claims Manager at companies similar to HDFC Ergo General Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance	₹7.8 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindara Life Insurance	₹7.0 Lakhs to ₹8.9 Lakhs per year
Tata AIG	₹4.3 Lakhs to ₹8.4 Lakhs per year
ICICI Lombard General Insurance Company	₹2.9 Lakhs to ₹8.0 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 Claims Manager at HDFC Ergo General Insurance in Mumbai?

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

Experience	Average Salary Range
6 years	₹8.0 Lakhs to ₹10.2 Lakhs per year
7 years	₹8.1 Lakhs to ₹10.4 Lakhs per year
8 years	₹8.3 Lakhs to ₹10.6 Lakhs per year
9 years	₹8.4 Lakhs to ₹10.7 Lakhs per year

and so on.

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HDFC Ergo General Insurance Claims Manager Salaries in Mumbai

HDFC Ergo General Insurance Claims Manager salary in Mumbai ranges between ₹7 Lakhs to ₹12.5 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.