HDFC Ergo General Insurance Department Manager Salaries by 4 Employees (Updated 2025)

1 - 7 years exp.

₹7 Lakhs - ₹14.8 Lakhs

Low Confidence

Salary of majority employees

123% 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 2 - 5 years exp. (4 salaries)	₹3.1 L/yr - ₹9 L/yr 50% 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
ICICI Prudential Life Insurance Department Manager Salary 0 - 12 years exp. (4 salaries)	₹4.5 L/yr - ₹8.7 L/yr 48% less
SBI Life Insurance Company Department Manager Salary 6 - 10 years exp. (4 salaries)	₹3.2 L/yr - ₹4.3 L/yr 71% less
HDFC Life Department Manager Salary 1 - 3 years exp. (3 salaries)	₹4.5 L/yr - ₹17 L/yr 15% less
Axis Max Life Insurance Department Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr 61% less
Canara HSBC Life Insurance Department Manager Salary 10 years exp. (3 salaries)	₹8.1 L/yr - ₹10 L/yr 24% less

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)	₹4.8 L/yr - ₹14.8 L/yr
2 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.6 L/yr
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3 years (AmbitionBox Estimate)	₹7 L/yr - ₹21 L/yr
4 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12.5 L/yr
6 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹11.4 L/yr

View all

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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

Skill development - Bad

+4 more

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

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.

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

Skill development - Excellent

+4 more

Dislikes

Nil

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Salary Discussions, Hike & Promotions

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 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 123% 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 123% more than the average salary of a Department Manager in India. To know exact salary insights, login to view.

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
HDFC Life Department Manager Salary - ₹4.5 Lakhs to ₹17.0 Lakhs per year
Canara HSBC Life Insurance Department Manager Salary - ₹8.1 Lakhs to ₹10.0 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

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?

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

According to AmbitionBox, 100% of the HDFC Ergo General Insurance Department Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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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.