HDFC Ergo General Insurance Mumbai Executive Salaries by 30+ Employees (Updated 2025)

0 - 6 years exp.

₹1.7 Lakh - ₹6 Lakhs

Salary of majority employees

23% less than the average Executive Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Executive Salary 3 - 6 years exp. (8 salaries)	₹2.3 L/yr - ₹4.7 L/yr
Customer Success, Service & Operations Executive Salary 0 - 6 years exp. (7 salaries)	₹1.7 L/yr - ₹4.7 L/yr
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Finance & Accounting Executive Salary 0 - 5 years exp. (3 salaries)	₹2 L/yr - ₹3.5 L/yr
Engineering - Software & QA Executive Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.9 L/yr
Sales & Business Development Executive Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹6 L/yr

Last Updated: 11 Jan 2025

Companies similar to HDFC Ergo General Insurance for Executive in Mumbai

HDFC Ergo General Insurance Executive Salary

0 - 6 years exp. (35 salaries)

₹1.7 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Executive Salary 1 - 6 years exp. (19 salaries)	₹1.8 L/yr - ₹6 L/yr 8% less
Bajaj Allianz General Insurance Executive Salary 1 - 8 years exp. (15 salaries)	₹2.6 L/yr - ₹5.2 L/yr 9% more	4 job openings
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Tata AIG Executive Salary 0 - 8 years exp. (44 salaries)	₹1.8 L/yr - ₹5 L/yr 9% less
SBI General Insurance Executive Salary 0 - 9 years exp. (62 salaries)	₹2 L/yr - ₹5 L/yr 7% less
Future Generali India Life Insurance Executive Salary 1 - 6 years exp. (19 salaries)	₹1.3 L/yr - ₹4.8 L/yr 34% less	1 job opening
Tata AIA Life Insurance Executive Salary 1 - 10 years exp. (65 salaries)	₹2.3 L/yr - ₹6.5 L/yr 27% more	2 job openings
ICICI Prudential Life Insurance Executive Salary 0 - 8 years exp. (29 salaries)	₹1.2 L/yr - ₹3.1 L/yr 35% less
Reliance Nippon Life Insurance Executive Salary 1 - 7 years exp. (15 salaries)	₹1.5 L/yr - ₹4.2 L/yr 25% less
Kotak Mahindara Life Insurance Executive Salary 1 - 5 years exp. (15 salaries)	₹1 L/yr - ₹4.4 L/yr 23% less
Aditya Birla Sun Life Insurance Executive Salary 0 - 6 years exp. (13 salaries)	₹1.8 L/yr - ₹3.2 L/yr 28% less
PNB MetLife Executive Salary 0 - 6 years exp. (13 salaries)	₹2 L/yr - ₹3.6 L/yr 24% less
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HDFC Life Executive Salary 0 - 5 years exp. (13 salaries)	₹2.7 L/yr - ₹5 L/yr 15% more
Star Health & Allied Insurance Executive Salary 1 - 7 years exp. (9 salaries)	₹2.2 L/yr - ₹4.6 L/yr 19% less
Bajaj Allianz Life Insurance Executive Salary 1 - 6 years exp. (7 salaries)	₹3.3 L/yr - ₹4.6 L/yr 5% more
SBI Life Insurance Company Executive Salary 2 - 11 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 3% less

Executive salary at HDFC Ergo General Insurance ranges between ₹1.7 Lakh to ₹6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 35 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Executive salaries in Mumbai

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹5.7 L/yr
1 year (5 salaries)	₹1.7 L/yr - ₹3.6 L/yr
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2 years (5 salaries)	₹1.9 L/yr - ₹4.2 L/yr
3 years (7 salaries)	₹2.3 L/yr - ₹6 L/yr
4 years (7 salaries)	₹1.9 L/yr - ₹4.4 L/yr
5 years (6 salaries)	₹3.2 L/yr - ₹4.7 L/yr
6 years (3 salaries)	₹1.6 L/yr - ₹4.7 L/yr

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From

Executive

₹

Lakhs/yr

0 - 6 years exp.

Deputy Vice President

₹

Lakhs/yr

14 - 22 years exp.

Executive 0 - 6 years exp.

Assistant Manager 1 - 10 years exp.

48% hike

Deputy Manager 0 - 13 years exp.

21% hike

From

3 more levels

Executive

0 - 6 years exp.

Area Sales Manager

7 - 18 years exp.

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary

(255 salaries)

₹3.5 L/yr - ₹10.25 L/yr

Quality Analyst Salary

(21 salaries)

₹1.9 L/yr - ₹4.55 L/yr

QA Engineer Salary

(3 salaries)

₹2.3 L/yr - ₹7 L/yr

Top skills at HDFC Ergo General Insurance for Executive

Investigation General Insurance Salesforce Telesales Telecalling

Salary related reviews for HDFC Ergo General Insurance

3.7

Rated by 10 employees for salary & benefits

Executive in Mumbai

Full Time

Human Resources Department

3.0

• posted on 09 Aug 2024

2.0

for Salary and Benefits

Likes

Office timing, work life balance

Work-life balance - Good

Dislikes

...t this is at its worst. Promotions/ increments are given only to the reference. No salary or personal growth.

Salary - Poor

+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

Senior Manager Information Technology in Mumbai

Full Time

IT & Information Security Department

5.0

• posted on 25 Dec 2024

5.0

for Salary and Benefits

Likes

...appy to be part of HDFC Ergo where I can upskill myself along with he work life. Company encourage us to take time off for personal life Management is good Salary and work environment is also good Multiple events helps to avoid boring work life

Salary - Excellent

+6 more

Dislikes

Nothing so far... See if they can help to improve the appraisal thing 😜 Because whatever good we get as an employee but good increament will always have higher stake in that happiness and shows worthiness to the efforts

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

Senior Executive in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Oct 2024

3.0

for Salary and Benefits

Likes

The work culture is really good at HDFC ERGO. They take care of their employees and understand the critical situations. There is no pressure on employees and hence they can easily enjoy their personal lives along with the work.

Job security - Good

+2 more

Dislikes

The perks and salary could be better. Also they need to upgrade some tech stack.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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HDFC Ergo General Insurance Executive Salary FAQs

What is the salary of Executive at HDFC Ergo General Insurance Mumbai?

Executive salary at HDFC Ergo General Insurance in Mumbai ranges between ₹1.7 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 23% less than the average Executive Salary in India. Salary estimates are based on 35 latest salaries received from various employees of HDFC Ergo General Insurance Mumbai.

How does the salary of a Executive at HDFC Ergo General Insurance Mumbai compare with the average salary range for this job?

The average salary of a Executive at HDFC Ergo General Insurance is 23% less than the average salary of a Executive in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Executive at HDFC Ergo General Insurance?

Investigation, General Insurance, Salesforce, Telesales and Telecalling are some of the popular skills required to work as a Executive at HDFC Ergo General Insurance Mumbai.

Which similar companies are paying more than HDFC Ergo General Insurance to a Executive in Mumbai?

Tata AIA Life Insurance Executive Salary - ₹2.3 Lakhs to ₹6.5 Lakhs per year
HDFC Life Executive Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz General Insurance Executive Salary - ₹2.6 Lakhs to ₹5.2 Lakhs per year
Bajaj Allianz Life Insurance Executive Salary - ₹3.3 Lakhs to ₹4.6 Lakhs per year

What is the salary of a Executive in companies similar to HDFC Ergo General Insurance in Mumbai?

SBI Life Insurance Company Executive Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
SBI General Insurance Executive Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
ICICI Lombard General Insurance Company Executive Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
Tata AIG Executive Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
Star Health & Allied Insurance Executive Salary - ₹2.2 Lakhs to ₹4.6 Lakhs per year

What is the estimated take home salary of a Executive at HDFC Ergo General Insurance in Mumbai?

The estimated take-home salary of a Executive at HDFC Ergo General Insurance ranges between ₹25,904 per month to ₹27,330 per month in Mumbai. The take-home salary calculation is based on the average HDFC Ergo General Insurance Executive salary in India which ranges between ₹1.7 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Executive at HDFC Ergo General Insurance in Mumbai?

According to AmbitionBox, 36% of the HDFC Ergo General Insurance Executives in Mumbai reported a notice period of 3 Months, 32% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Executive Salaries in Mumbai

HDFC Ergo General Insurance Executive salary in Mumbai ranges between ₹1.7 Lakh to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 35 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

HDFC Ergo General Insurance Executive salaries in Mumbai (Updated 2025)

Companies similar to HDFC Ergo General Insurance for Executive in Mumbai

Latest annual salaries shared by HDFC Ergo General Insurance Executive in Mumbai

Experience wise HDFC Ergo General Insurance Executive salaries in Mumbai

Similar Designation salaries in HDFC Ergo General Insurance

Top skills at HDFC Ergo General Insurance for Executive

Salary related reviews for HDFC Ergo General Insurance

Executive in Mumbai

Deputy Manager in Surat

Senior Manager Information Technology in Mumbai

Operations Manager in Noida

Senior Executive in Mumbai

HDFC Ergo General Insurance Executive Salary FAQs

Tell us how to improve this page.