HDFC Ergo General Insurance New Delhi Cluster Manager Salaries by 4 Employees

11 - 16 years exp.

₹10 Lakhs - ₹13.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% more than the average Cluster Manager Salary in Insurance Companies for 11 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 11 - 16 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹13.5 L/yr
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Marketing & Communication Cluster Manager Salary 15 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹12.4 L/yr

Last Updated: 28 Jan 2024

Companies similar to HDFC Ergo General Insurance for Cluster Manager in New Delhi

HDFC Ergo General Insurance Cluster Manager Salary

11 - 16 years exp. (4 salaries)

₹10 L/yr - ₹13.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Cluster Manager Salary 6 - 13 years exp. (26 salaries)	₹6 L/yr - ₹13.6 L/yr 16% less	1 job opening
Aditya Birla Sun Life Insurance Cluster Manager Salary 4 - 14 years exp. (26 salaries)	₹6.4 L/yr - ₹11.5 L/yr 17% less
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HDFC Life Cluster Manager Salary 5 - 16 years exp. (24 salaries)	₹6.2 L/yr - ₹12 L/yr 15% less	1 job opening
Bajaj Allianz Life Insurance Cluster Manager Salary 5 - 15 years exp. (13 salaries)	₹5.2 L/yr - ₹11.7 L/yr 21% less	1 job opening
Star Health & Allied Insurance Cluster Manager Salary 7 - 13 years exp. (7 salaries)	₹4.1 L/yr - ₹6.9 L/yr 50% less
Reliance Nippon Life Insurance Cluster Manager Salary 10 - 22 years exp. (4 salaries)	₹5.1 L/yr - ₹14.3 L/yr 18% less
Tata AIA Life Insurance Cluster Manager Salary 9 - 16 years exp. (4 salaries)	₹7 L/yr - ₹9 L/yr 21% less	3 job openings
ICICI Lombard General Insurance Company Cluster Manager Salary 2 - 8 years exp. (4 salaries)	₹5 L/yr - ₹10 L/yr 30% less
Kotak Mahindara Life Insurance Cluster Manager Salary 6 - 16 years exp. (4 salaries)	₹7 L/yr - ₹12.3 L/yr 18% less

Cluster Manager salary at HDFC Ergo General Insurance ranges between ₹10 Lakhs to ₹13.5 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Cluster Manager salaries in New Delhi

Last Updated: 28 Jan 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
12 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
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13 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
14 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
15+ years (3 salaries)	₹11 L/yr - ₹13.5 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary

(163 salaries)

₹3.7 L/yr - ₹10 L/yr

Sales Manager Salary

(48 salaries)

₹2.4 L/yr - ₹6.6 L/yr

Area Sales Manager Salary

(20 salaries)

₹5 L/yr - ₹17.5 L/yr

Branch Manager Salary

(7 salaries)

₹6.32 L/yr - ₹9 L/yr

Territory Manager Salary

(6 salaries)

₹4 L/yr - ₹8 L/yr

Relationship Manager Salary

(5 salaries)

₹2.5 L/yr - ₹5.2 L/yr

Area Manager Salary

(5 salaries)

₹6 L/yr - ₹12.5 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 .

Cluster Head in Agra

BFSI, Investments & Trading Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

It's Good place to work. In this company lot of opportunity to increase your career. and support of seniors is too good

Salary - Excellent

+6 more

Dislikes

Salary growth and career growth is very slow but lot of learing I have got from there do I am happy with HDFC ERGO

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.

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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 Cluster Manager Salary FAQs

What is the salary of Cluster Manager at HDFC Ergo General Insurance in New Delhi?

The average salary of a Cluster Manager at HDFC Ergo General Insurance in New Delhi typically ranges from ₹10.0 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Cluster Manager in New Delhi at HDFC Ergo General Insurance earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Cluster 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 4 HDFC Ergo General Insurance employees in India.

What is the estimated take home salary of a Cluster Manager at HDFC Ergo General Insurance in New Delhi?

The estimated take-home salary of a Cluster Manager at HDFC Ergo General Insurance in New Delhi typically ranges from ₹80,720 to ₹82,823 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 11 years to 16 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 4 salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Cluster Manager in companies similar to HDFC Ergo General Insurance in New Delhi?

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

HDFC Life	₹6.2 Lakhs to ₹12.0 Lakhs per year
Axis Max Life Insurance	₹6.0 Lakhs to ₹13.6 Lakhs per year
Aditya Birla Sun Life Insurance	₹6.4 Lakhs to ₹11.5 Lakhs per year
Reliance Nippon Life Insurance	₹5.1 Lakhs to ₹14.3 Lakhs per year
Kotak Mahindara Life Insurance	₹7.0 Lakhs to ₹12.3 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 Cluster Manager at HDFC Ergo General Insurance in New Delhi?

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

Experience	Average Salary Range
11 years	₹10.2 Lakhs to ₹13.0 Lakhs per year
12 years	₹10.3 Lakhs to ₹13.2 Lakhs per year
13 years	₹10.5 Lakhs to ₹13.4 Lakhs per year
14 years	₹10.7 Lakhs to ₹13.7 Lakhs per year

and so on.

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HDFC Ergo General Insurance Cluster Manager Salaries in New Delhi

HDFC Ergo General Insurance Cluster Manager salary in New Delhi ranges between ₹10 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

HDFC Ergo General Insurance Cluster Manager salaries in New Delhi

Companies similar to HDFC Ergo General Insurance for Cluster Manager in New Delhi

Latest annual salaries shared by HDFC Ergo General Insurance Cluster Manager in New Delhi

Experience wise HDFC Ergo General Insurance Cluster Manager salaries in New Delhi

Similar Designation salaries in HDFC Ergo General Insurance

Salary related reviews for HDFC Ergo General Insurance

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HDFC Ergo General Insurance Cluster Manager Salary FAQs

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