HDFC Ergo General Insurance Department Manager Salaries by 4 Employees (Updated 2024)

1 - 7 years exp.

₹7 Lakhs - ₹14.8 Lakhs

Low Confidence

Salary of majority employees

121% more than the average Department Manager Salary in Insurance Companies for 1 - 7 years of experience

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Last Updated: 4 Sep 2024

Companies similar to HDFC Ergo General Insurance for Department Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Department Manager Salary 1 - 5 years exp. (4 salaries)	₹6 L/yr - ₹15 L/yr 24% less
Bajaj Allianz General Insurance Department Manager Salary 5 - 16 years exp. (4 salaries)	₹1.5 L/yr - ₹11 L/yr 42% less
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Tata AIG Department Manager Salary 0 - 4 years exp. (4 salaries)	₹3.1 L/yr - ₹6.5 L/yr 57% less
SBI General Insurance Department Manager Salary 3 - 30 years exp. (3 salaries)	₹8 L/yr - ₹13 L/yr 10% less
Future Generali India Life Insurance Department Manager Salary 8 - 12 years exp. (3 salaries)	₹4.1 L/yr - ₹7.1 L/yr 47% less
SBI Life Insurance Company Department Manager Salary 0 - 10 years exp. (7 salaries)	₹2.5 L/yr - ₹4.3 L/yr 71% less
Max Life Insurance Department Manager Salary 2 - 10 years exp. (5 salaries)	₹3.3 L/yr - ₹11.5 L/yr 42% less
ICICI Prudential Life Insurance Department Manager Salary 0 - 12 years exp. (4 salaries)	₹4.5 L/yr - ₹8.7 L/yr 48% less
HDFC Life Department Manager Salary 1 - 4 years exp. (4 salaries)	₹7.5 L/yr - ₹17 L/yr 8% more

Department Manager salary at HDFC Ergo General Insurance ranges between ₹7 Lakhs to ₹14.8 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Department Manager salaries

Last Updated: 4 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
3 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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5 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
7 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr

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Salary related reviews for HDFC Ergo General Insurance

3.5

Rated by 2 employees for salary & benefits

Operations Manager in Noida

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 Dec 2024

3.0

for Salary and Benefits

Likes

Salaries are on time

Dislikes

They need low package employees No scope of growth They don't know how to utilise the employees skills and what ever the skills you have learnt in past every thing will vanished due to non utilisation. If you have good reference you will get good post and salaries The new CEO is very poor in cost optimization Very soon this hdfc ergo will be in loss. There compititior will grow by taking some advantages. There policies are not employee and customer friendly

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.

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.

Sales Executive in Hubli

BFSI, Investments & Trading Department

5.0

• posted on 05 Sep 2020

3.0

for Salary and Benefits

Likes

...e well..every 3months they will arrange trips.hdfc ergo we were like a family..they will provide on time salary and good bonus.. as a part of HDFC ERGO I personally enjoyed a lot

Dislikes

Nil

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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 Department Manager Salary FAQs

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

Department Manager salary at HDFC Ergo General Insurance in India ranges between ₹7.0 Lakhs to ₹14.8 Lakhs for experience between 1 years to 7 years. According to our estimates it is 121% more than the average Department Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Department Manager at HDFC Ergo General Insurance is 121% more than the average salary of a Department Manager in India. To know exact salary insights, login to view.

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

HDFC Life Department Manager Salary - ₹7.5 Lakhs to ₹17.0 Lakhs per year

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

SBI General Insurance Department Manager Salary - ₹8.0 Lakhs to ₹13.0 Lakhs per year
ICICI Lombard General Insurance Company Department Manager Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
Bajaj Allianz General Insurance Department Manager Salary - ₹1.5 Lakhs to ₹11.0 Lakhs per year
Max Life Insurance Department Manager Salary - ₹3.3 Lakhs to ₹11.5 Lakhs per year
Future Generali India Life Insurance Department Manager Salary - ₹4.1 Lakhs to ₹7.1 Lakhs per year

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

The estimated take-home salary of a Department Manager at HDFC Ergo General Insurance ranges between ₹81,469 per month to ₹83,594 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Department Manager salary in India which ranges between ₹7.0 Lakhs to ₹14.8 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

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HDFC Ergo General Insurance Department Manager Salaries by Location

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HDFC Ergo General Insurance Department Manager Salaries

HDFC Ergo General Insurance Department Manager salary in India ranges between ₹7 Lakhs to ₹14.8 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 Department Manager salaries in India

Companies similar to HDFC Ergo General Insurance for Department Manager

Latest annual salaries shared by HDFC Ergo General Insurance Department Manager

Experience wise HDFC Ergo General Insurance Department Manager salaries

Similar Designation salaries in HDFC Ergo General Insurance

Salary related reviews for HDFC Ergo General Insurance

Operations Manager in Noida

Deputy Manager in Surat

Sales Executive in Noida

Sales Officer in Noida

Sales Executive in Hubli

HDFC Ergo General Insurance Department Manager Salary FAQs

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HDFC Ergo General Insurance Department Manager Salaries by Location