Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by HDFC Ergo General Insurance Team. If you also belong to the team, you can get access from here

HDFC Ergo General Insurance Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

HDFC Ergo General Insurance Deputy Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 13 years exp.
₹3 Lakhs - ₹10.3 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

31% less than the average Deputy Manager Salary in Insurance Companies for 0 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations
Deputy Manager Salary
1 - 13 years exp. (74 salaries)
unlock-blur

₹3.5 L/yr - ₹8.1 L/yr

BFSI, Investments & Trading
Deputy Manager Salary
4 - 13 years exp. (49 salaries)
unlock-blur

₹4.1 L/yr - ₹9.3 L/yr

Sales & Business Development
Deputy Manager Salary
0 - 13 years exp. (35 salaries)
unlock-blur

₹4 L/yr - ₹8 L/yr

Finance & Accounting
Deputy Manager Salary
3 - 13 years exp. (16 salaries)
unlock-blur

₹5.2 L/yr - ₹10.3 L/yr

Marketing & Communication
Deputy Manager Salary
0 - 10 years exp. (8 salaries)
unlock-blur

₹5 L/yr - ₹6 L/yr

View all

Last Updated: 31 Mar 2025

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

Logo
HDFC Ergo General Insurance Deputy Manager Salary

0 - 13 years exp. (260 salaries)

unlock blur

₹3 L/yr - ₹10.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
unlock blur

₹2.5 L/yr - ₹5.7 L/yr

arrow icon 31% less
Logo
HDFC Life Deputy Manager Salary

2 - 15 years exp. (424 salaries)

unlock blur

₹3.5 L/yr - ₹13 L/yr

arrow icon 31% more
unlock blur

₹3 L/yr - ₹7 L/yr

arrow icon 13% less
Logo
Axis Max Life Insurance Deputy Manager Salary

0 - 13 years exp. (68 salaries)

unlock blur

₹3.2 L/yr - ₹7.7 L/yr

arrow icon 21% less
17 job openings
unlock blur

₹3.2 L/yr - ₹10 L/yr

arrow icon 3% more
unlock blur

₹5 L/yr - ₹16.5 L/yr

arrow icon 71% more
unlock blur

₹3.7 L/yr - ₹15.6 L/yr

arrow icon 33% more
unlock blur

₹5 L/yr - ₹9.5 L/yr

arrow icon 22% more
unlock blur

₹4.8 L/yr - ₹7 L/yr

At par
unlock blur

₹3.8 L/yr - ₹8 L/yr

arrow icon 9% less
unlock blur

₹4.7 L/yr - ₹14 L/yr

arrow icon 13% more
unlock blur

₹4 L/yr - ₹8.5 L/yr

arrow icon 15% more
Logo
unlock blur

₹3.2 L/yr - ₹8 L/yr

arrow icon 15% less
Deputy Manager salary at HDFC Ergo General Insurance ranges between ₹3 Lakhs to ₹10.3 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 260 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Deputy Manager in Mumbai

6d ago
₹7.5 Lakhs
6 years exp.
6d ago
₹6 Lakhs
2 years exp.
1w ago
₹6.5 Lakhs
6 years exp.
2w ago
₹7 Lakhs
9 years exp.
3w ago
₹6.9 Lakhs
9 years exp.
4w ago
avg blur mobile
10 years exp.
4w ago
avg blur mobile
8 years exp.
4w ago
avg blur mobile
7 years exp.
1mo ago
avg blur mobile
6 years exp.
1mo ago
avg blur mobile
8 years exp.

Experience wise HDFC Ergo General Insurance Deputy Manager salaries in Mumbai

Last Updated: 31 Mar 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

unlock blur

₹4.5 L/yr - ₹6 L/yr
1 year  (6 salaries)

unlock blur

₹3.5 L/yr - ₹6.5 L/yr
2 years  (9 salaries)

unlock blur

₹3.5 L/yr - ₹7.6 L/yr
3 years  (8 salaries)

unlock blur

₹3 L/yr - ₹6.5 L/yr
4 years  (17 salaries)

unlock blur

₹3.5 L/yr - ₹7.6 L/yr
View all
HDFC Ergo General Insurance Deputy Manager Salary and Career Growth

From

To

Deputy Manager

unlock blur Lakhs/yr

0 - 13 years exp.

Area Sales Manager

unlock blur Lakhs/yr

7 - 17 years exp.

Deputy Manager 0 - 13 years exp.
unlock blur
Manager 4 - 16 years exp.
unlock blur
arrow icon 62% hike
    Area Sales Manager 7 - 17 years exp.
    unlock blur
    arrow icon 11% hike

    From

    To

    Deputy Manager

    unlock blur

    0 - 13 years exp.

    Deputy Vice President

    unlock blur

    14 - 22 years exp.

    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in HDFC Ergo General Insurance

    Project Manager Salary
    (12 salaries)
    unlock blur
    ₹10 L/yr - ₹17.55 L/yr
    Branch Manager Salary
    (9 salaries)
    unlock blur
    ₹6 L/yr - ₹10.5 L/yr
    unlock blur
    ₹2.3 L/yr - ₹7.8 L/yr
    unlock blur
    ₹11.4 L/yr - ₹38 L/yr
    Area Manager Salary
    (3 salaries)
    unlock blur
    ₹7.1 L/yr - ₹11.4 L/yr

    Top skills at HDFC Ergo General Insurance for Deputy Manager

    Bancassurance banca sales Relationship Management Bancassurance General Insurance Sales Sales Branch Banking Insurance General Insurance Direct Sales Claims Processing MIS Reporting Health Insurance TPA Insurance Claims

    Salary related reviews for HDFC Ergo General Insurance

    3.2

    Rated by 48 employees for salary & benefits

    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.

    read more
    • Skill development - Poor
    • +1 more

    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

    read more
    • Skill development - Bad
    • +4 more

    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.

    read more
    • Salary - Bad
    • +6 more

    Operations Department

    4.0
      •  posted on 11 Oct 2020

    4.0
     for  Salary and Benefits

    Likes

    This is my first corporate job in HDFC, and I'm still working, everything is good.

    • Salary - Good
    • +5 more

    Dislikes

    I'm working in this company from last 4 years, still I'm struggling to get on payroll, in pemdamic employees who are on company payroll get their bonus on time (April) and we still don't know anything about ours. at the end we come to know that company is in loss so third party payroll employees can't get bonus as well as increment this year. which is something I did not expected. Payroll employees got their bonus but at our time it's in loss, that's Sad.

    read more

    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.

    read more
    • Salary - Poor
    • +6 more
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    HDFC Ergo General Insurance Deputy Manager Salary FAQs

    What is the salary of Deputy Manager at HDFC Ergo General Insurance in Mumbai?
    The average salary of a Deputy Manager at HDFC Ergo General Insurance in Mumbai typically ranges from ₹3.0 Lakhs to ₹10.3 Lakhs per year, depending on experience (from Fresher to 13 years).

    The top 10% of Deputy Manager in Mumbai at HDFC Ergo General Insurance earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹9.4 Lakhs per year. Deputy 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 200+ HDFC Ergo General Insurance employees in India.
    What is the estimated take home salary of a Deputy Manager at HDFC Ergo General Insurance in Mumbai?
    The estimated take-home salary of a Deputy Manager at HDFC Ergo General Insurance in Mumbai typically ranges from ₹45,231 to ₹46,318 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹10.3 Lakhs per year for employees with experience ranging from Fresher to 13 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 200+ 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 Deputy Manager at HDFC Ergo General Insurance in Mumbai?
    To be a Deputy Manager at HDFC Ergo General Insurance in Mumbai, the key skills required include:

    • - Bancassurance
    • - banca sales
    • - Relationship Management
    • - Bancassurance
    • - General Insurance Sales

    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 Deputy Manager in India?
    Bajaj Allianz Life Insurance ₹5.0 Lakhs to ₹16.5 Lakhs per year
    Reliance Nippon Life Insurance ₹3.7 Lakhs to ₹15.6 Lakhs per year
    HDFC Life ₹3.5 Lakhs to ₹13.0 Lakhs per year
    Aditya Birla Insurance Brokers ₹5.0 Lakhs to ₹9.5 Lakhs per year
    SBI Life Insurance Company ₹4.0 Lakhs to ₹8.5 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 Deputy Manager in companies similar to HDFC Ergo General Insurance in Mumbai?
    The salary of a Deputy 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 Lombard General Insurance Company ₹4.7 Lakhs to ₹14.0 Lakhs per year
    Aditya Birla Sun Life Insurance ₹3.2 Lakhs to ₹10.0 Lakhs per year
    Star Health & Allied Insurance ₹4.8 Lakhs to ₹7.0 Lakhs per year
    ICICI Prudential Life Insurance ₹3.8 Lakhs to ₹8.0 Lakhs per year
    Kotak Mahindra General Insurance ₹3.0 Lakhs to ₹7.0 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 Deputy Manager at HDFC Ergo General Insurance in Mumbai?
    The salary growth for a Deputy Manager at HDFC Ergo General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Deputy Manager in Mumbai can expect the following growth trajectory at HDFC Ergo General Insurance:

    Experience Average Salary Range
    Fresher ₹4.5 Lakhs to ₹6.0 Lakhs per year
    1 year ₹3.5 Lakhs to ₹6.5 Lakhs per year
    2 years ₹3.5 Lakhs to ₹7.6 Lakhs per year
    3 years ₹3.0 Lakhs to ₹6.5 Lakhs per year
    and so on.

    Tell us how to improve this page.

    HDFC Ergo General Insurance Deputy Manager salary in Mumbai ranges between ₹3 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 260 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.