HDFC Ergo General Insurance Mumbai Finance Executive Salaries by 4 Employees

3 - 6 years exp.

₹2.6 Lakhs - ₹3.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% less than the average Finance Executive Salary in Insurance Companies for 3 - 6 years of experience

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Last Updated: 16 Mar 2023

Companies similar to HDFC Ergo General Insurance for Finance Executive in Mumbai

HDFC Ergo General Insurance Finance Executive Salary

3 - 6 years exp. (4 salaries)

₹2.6 L/yr - ₹3.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Finance Executive Salary 1 - 4 years exp. (6 salaries)	₹2 L/yr - ₹3.4 L/yr 6% more
Tata AIA Life Insurance Finance Executive Salary 2 - 6 years exp. (5 salaries)	₹3 L/yr - ₹4.9 L/yr 31% more
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ICICI Lombard General Insurance Company Finance Executive Salary 1 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.6 L/yr 28% more
General Mills Finance Executive Salary 1 - 6 years exp. (69 salaries)	₹3 L/yr - ₹5.5 L/yr 51% more	1 job opening
TCS Finance Executive Salary 0 - 12 years exp. (56 salaries)	₹1.6 L/yr - ₹8.4 L/yr 83% more

Finance Executive salary at HDFC Ergo General Insurance ranges between ₹2.6 Lakhs to ₹3.4 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Finance Executive salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Sales Executive Salary

(55 salaries)

₹1.45 L/yr - ₹4.35 L/yr

Senior Associate Salary

(20 salaries)

₹2.52 L/yr - ₹5 L/yr

Team Lead Salary

(19 salaries)

₹2.9 L/yr - ₹5 L/yr

Branch Manager Salary

(9 salaries)

₹6 L/yr - ₹10.5 L/yr

Management Trainee Salary

(5 salaries)

₹6 L/yr - ₹14.75 L/yr

Sales Officer Salary

(4 salaries)

₹2.9 L/yr - ₹3.9 L/yr

Salary related reviews for HDFC Ergo General Insurance

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

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.

Salary - Bad

+6 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

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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HDFC Ergo General Insurance Finance Executive Salary FAQs

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

The average salary of a Finance Executive at HDFC Ergo General Insurance in Mumbai typically ranges from ₹2.6 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Finance Executive in Mumbai at HDFC Ergo General Insurance earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Finance Executive 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 4 HDFC Ergo General Insurance employees in India.

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

The estimated take-home salary of a Finance Executive at HDFC Ergo General Insurance in Mumbai typically ranges from ₹19,000 to ₹20,678 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 3 years to 6 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 4 salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Ergo General Insurance for Finance Executive in India?

TCS	₹1.6 Lakhs to ₹8.4 Lakhs per year
General Mills	₹3.0 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance	₹3.0 Lakhs to ₹4.9 Lakhs per year
ICICI Lombard General Insurance Company	₹3.0 Lakhs to ₹4.6 Lakhs per year
ICICI Prudential Life Insurance	₹2.0 Lakhs to ₹3.4 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.

How the salary growth look like for a Finance Executive at HDFC Ergo General Insurance in Mumbai?

The salary growth for a Finance Executive at HDFC Ergo General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Finance Executive in Mumbai can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience	Average Salary Range
3 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
5 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
6 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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HDFC Ergo General Insurance Finance Executive Salaries in Mumbai

HDFC Ergo General Insurance Finance Executive salary in Mumbai ranges between ₹2.6 Lakhs to ₹3.4 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.