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HDFC Ergo General Insurance Insurance Adviser salaries in Mumbai

Annual salary range
1 - 10 years exp.
₹2.4 Lakhs - ₹4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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19% more than the average Insurance Adviser Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Insurance Adviser Salary
1 year exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.6 L/yr

Administration & Facilities
Insurance Adviser Salary
10 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹4.1 L/yr

Last Updated: 31 Jan 2024

Companies similar to HDFC Ergo General Insurance for Insurance Adviser in Mumbai

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HDFC Ergo General Insurance Insurance Adviser Salary

1 - 10 years exp. (5 salaries)

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₹2.4 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1 L/yr - ₹3.6 L/yr

arrow icon 35% less
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₹2 L/yr - ₹3.1 L/yr

arrow icon 26% less
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HDFC Life Insurance Adviser Salary

1 - 7 years exp. (6 salaries)

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₹2 L/yr - ₹3.8 L/yr

arrow icon 13% less
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₹2 L/yr - ₹5.5 L/yr

arrow icon 5% more
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₹1.1 L/yr - ₹6.5 L/yr

arrow icon 11% less
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₹2.5 L/yr - ₹4 L/yr

arrow icon 5% less
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₹3.2 L/yr - ₹5 L/yr

arrow icon 6% more
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₹2.6 L/yr - ₹3.3 L/yr

arrow icon 22% less
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 16% less
Insurance Adviser salary at HDFC Ergo General Insurance ranges between ₹2.4 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Ergo General Insurance.

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

1y ago
₹3 Lakhs
5 years exp.
1y ago
₹4 Lakhs
10 years exp.

Experience wise HDFC Ergo General Insurance Insurance Adviser salaries in Mumbai

Last Updated: 31 Jan 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
2 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
View all

Salary related reviews for HDFC Ergo General Insurance

3.3

Rated by 2 employees for salary & benefits

BFSI, Investments & Trading Department

5.0
  •  posted on 09 May 2021

5.0
 for  Salary and Benefits

Likes

If we see all scenarios is best in hdfcergo. About job security about culture, management, company. Everything is best

  • Salary - Excellent
  • +6 more

Dislikes

I am currently working as off roll employee. So in that off roll payment salary is too minimum giving. 15k to 17k in hand which is not sufficient.

read more

Sales & Business Development Department

1.0
  •  posted on 17 Nov 2020

1.0
 for  Salary and Benefits

Likes

...e covid period... Company shoes management is the big decision maker of company. Where this year company does not given bonus and increment even company decrease the sales incentives where everyboday choosing sales field just because of extra income.

read more

Dislikes

Does not given bonus and increment in this year. Even incentives also decrease for sales.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 10 Mar 2025

2.0
 for  Salary and Benefits

Likes

Nothing even HOD sitting at Mumbai not eager to pay travelling allowance. Great joke you need to provide upi payment detail for bus fare if you have travelled by private bus.

read more

Dislikes

Seniors don't have humanity, you need to attend concall even though you are in icu.

  • Salary - Poor
  • +6 more

Full Time

 · 

Healthcare & Life Sciences Department

1.0
  •  posted on 31 Jan 2025

2.0
 for  Salary and Benefits

Likes

Salary on time only benifits.

Dislikes

- Creat problem when you switch, create relieving issues . - CTC not as per discussion. - 3 month Notice period ,if not done no compensation AND RECOVERY. THANK TWICE BEFORE JOINING. - 5 days on paper but 6 days off record work. BOTHERATION BY MANAGER FOR TARGET TO REJECT CLAIMS.

read more
  • Salary - Poor
  • +5 more

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

read more
  • 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

read more
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HDFC Ergo General Insurance Insurance Adviser Salary FAQs

What is the salary of Insurance Adviser at HDFC Ergo General Insurance in Mumbai?
The average salary of a Insurance Adviser at HDFC Ergo General Insurance in Mumbai typically ranges from ₹2.4 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Insurance Adviser in Mumbai at HDFC Ergo General Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Insurance Adviser 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 5 HDFC Ergo General Insurance employees in India.
What is the estimated take home salary of a Insurance Adviser at HDFC Ergo General Insurance in Mumbai?
The estimated take-home salary of a Insurance Adviser at HDFC Ergo General Insurance in Mumbai typically ranges from ₹26,261 to ₹27,681 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 5 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 Insurance Adviser in India?
Bajaj Allianz Life Insurance ₹3.2 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.0 Lakhs to ₹5.5 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 Insurance Adviser in companies similar to HDFC Ergo General Insurance in Mumbai?
The salary of a Insurance Adviser 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:

The New India Assurance Co. ₹2.5 Lakhs to ₹4.0 Lakhs per year
ICICI Prudential Life Insurance ₹1.1 Lakhs to ₹6.5 Lakhs per year
HDFC Life ₹2.0 Lakhs to ₹3.8 Lakhs per year
Star Health & Allied Insurance ₹2.5 Lakhs to ₹3.5 Lakhs per year
United India Insurance Company ₹2.6 Lakhs to ₹3.3 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 Insurance Adviser at HDFC Ergo General Insurance in Mumbai?
The salary growth for a Insurance Adviser at HDFC Ergo General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Insurance Adviser in Mumbai can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
1 year ₹3.2 Lakhs to ₹4.1 Lakhs per year
2 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Ergo General Insurance Insurance Adviser salary in Mumbai ranges between ₹2.4 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.