HDFC Ergo General Insurance Deputy Manager II Salaries by 5 Employees (Updated 2024)

3 - 5 years exp.

₹4.5 Lakhs - ₹6.4 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Deputy Manager II Salary in Insurance Companies for 3 - 5 years of experience

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Last Updated: 28 Nov 2024

Companies similar to HDFC Ergo General Insurance for Deputy Manager II

Company name	Avg Annual Salary	Open Jobs
SBI General Insurance Deputy Manager II Salary 4 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹7.5 L/yr 6% more
Max Life Insurance Deputy Manager II Salary 3 - 5 years exp. (5 salaries)	₹3 L/yr - ₹4.7 L/yr 30% less
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ICICI Prudential Life Insurance Deputy Manager II Salary 0 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹11 L/yr 12% more
Kotak Mahindara Life Insurance Deputy Manager II Salary 4 - 7 years exp. (4 salaries)	₹3.5 L/yr - ₹5.5 L/yr 23% less
HDFC Life Deputy Manager II Salary 1 - 4 years exp. (3 salaries)	₹6 L/yr - ₹8.5 L/yr 22% more

Deputy Manager II salary at HDFC Ergo General Insurance ranges between ₹4.5 Lakhs to ₹6.4 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Deputy Manager II salaries

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹6.4 L/yr
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹5.9 L/yr
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5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9 L/yr

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Salary related reviews for HDFC Ergo General Insurance

4.0

Rated by 1 employees for salary & benefits

Agency Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Oct 2023

3.0

for Salary and Benefits

Likes

The company thinks very highly of its customers

Dislikes

company is providing new employees with higher compensation packages than existing employees, without offering any increment to the latter. This can create dissatisfaction among the older employees.

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.

Insurance Sales Officer in Trichy

BFSI, Investments & Trading Department

5.0

• posted on 29 Jun 2022

3.0

for Salary and Benefits

Likes

Its a branded company and like to work

Dislikes

...a good company but low level (Exicutive) employees salary and bonus is very low.he is a field work but final year bonus is only for variable pay in percentage only is not satisfied for working.higher authorities CTC is high so easily get a anual bonus is high.kindly analysis this structure.

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

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

Virtual Relationship Manager in Noida

Agency Channel Department

3.0

• posted on 09 Sep 2021

2.0

for Salary and Benefits

Likes

It's just brand name in market. You will get salaries on time

Dislikes

no work life balance ,they can cancel ur holidays at any time, all last Sunday working in every month end for no use. Pathetic leadership, Poor HR policies.

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a technical project manager

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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 Deputy Manager II Salary FAQs

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

Deputy Manager II salary at HDFC Ergo General Insurance in India ranges between ₹4.5 Lakhs to ₹6.4 Lakhs for experience between 3 years to 5 years. According to our estimates it is 22% less than the average Deputy Manager II Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Deputy Manager II at HDFC Ergo General Insurance is 22% less than the average salary of a Deputy Manager II in India. To know exact salary insights, login to view.

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

HDFC Life Deputy Manager II Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year
ICICI Prudential Life Insurance Deputy Manager II Salary - ₹3.3 Lakhs to ₹11.0 Lakhs per year
SBI General Insurance Deputy Manager II Salary - ₹4.5 Lakhs to ₹7.5 Lakhs per year

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

Kotak Mahindara Life Insurance Deputy Manager II Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
Max Life Insurance Deputy Manager II Salary - ₹3.0 Lakhs to ₹4.7 Lakhs per year

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

The estimated take-home salary of a Deputy Manager II at HDFC Ergo General Insurance ranges between ₹42,653 per month to ₹43,779 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Deputy Manager II salary in India which ranges between ₹4.5 Lakhs to ₹6.4 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the HDFC Ergo General Insurance Deputy Manager IIs 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 Deputy Manager II Salaries

HDFC Ergo General Insurance Deputy Manager II salary in India ranges between ₹4.5 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.