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HDFC Ergo General Insurance Insurance Associate salaries in India (Updated 2025)

Annual salary range
3 - 4 years exp.
₹2 Lakhs - ₹4.1 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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14% less than the average Insurance Associate Salary in Insurance Companies for 3 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Insurance Associate Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.1 L/yr

Finance & Accounting
Insurance Associate Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹3 L/yr

Last Updated: 24 Jan 2025

Companies similar to HDFC Ergo General Insurance for Insurance Associate

Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹4.1 L/yr

arrow icon 13% more
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₹1.8 L/yr - ₹5.3 L/yr

arrow icon 19% more
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Gallagher Insurance Associate Salary

0 - 3 years exp. (6 salaries)

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₹2.5 L/yr - ₹4.2 L/yr

arrow icon 12% more
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₹2.5 L/yr - ₹3 L/yr

arrow icon 3% less
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₹1.8 L/yr - ₹5 L/yr

arrow icon 22% more
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₹1.8 L/yr - ₹3.2 L/yr

arrow icon 23% less
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HDFC Life Insurance Associate Salary

0 - 3 years exp. (4 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 23% less
Insurance Associate salary at HDFC Ergo General Insurance ranges between ₹2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Insurance Associate

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Experience wise HDFC Ergo General Insurance Insurance Associate salaries

Last Updated: 24 Jan 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹4.1 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

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₹3 L/yr - ₹5.95 L/yr
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₹2.6 L/yr - ₹5 L/yr
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₹3.6 L/yr - ₹5 L/yr
Senior Process Associate Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
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₹1.8 L/yr - ₹5.53 L/yr
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₹2.25 L/yr - ₹9.55 L/yr
Quality Analyst Salary
(21 salaries)
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₹1.9 L/yr - ₹4.55 L/yr
Analyst Salary
(4 salaries)
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₹5.1 L/yr - ₹12 L/yr
Supervisor Salary
(3 salaries)
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₹3.2 L/yr - ₹6.5 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr

Salary related reviews for HDFC Ergo General Insurance

4.8

Rated by 3 employees for salary & benefits

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

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

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

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.

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Dislikes

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

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

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HDFC Ergo General Insurance Insurance Associate Salary FAQs

What is the salary of Insurance Associate at HDFC Ergo General Insurance ?
The average salary of a Insurance Associate at HDFC Ergo General Insurance in India typically ranges from ₹2.0 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 3 years to 4 years).

The top 10% of Insurance Associate at HDFC Ergo General Insurance earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Insurance Associate 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 Insurance Associate at HDFC Ergo General Insurance in India?
The estimated take-home salary of a Insurance Associate at HDFC Ergo General Insurance in India typically ranges from ₹20,663 to ₹22,316 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 3 years to 4 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 Insurance Associate in India?
Bajaj Allianz Life Insurance ₹1.8 Lakhs to ₹5.0 Lakhs per year
SBI Life Insurance Company ₹1.8 Lakhs to ₹5.3 Lakhs per year
ICICI Prudential Life Insurance ₹2.5 Lakhs to ₹4.1 Lakhs per year
Gallagher ₹2.5 Lakhs to ₹4.2 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 Associate in companies similar to HDFC Ergo General Insurance in India?
The salary of a Insurance Associate at companies similar to HDFC Ergo General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company ₹2.5 Lakhs to ₹3.0 Lakhs per year
Kotak Mahindara Life Insurance ₹1.8 Lakhs to ₹3.2 Lakhs per year
HDFC Life ₹1.2 Lakhs to ₹4.0 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 Insurance Associate at HDFC Ergo General Insurance in India?
The salary growth for a Insurance Associate at HDFC Ergo General Insurance depends on factors such as experience, performance, and promotions. On average, a Insurance Associate can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
3 years ₹1.2 Lakhs to ₹4.1 Lakhs per year
4 years ₹2.0 Lakhs to ₹4.1 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Ergo General Insurance Insurance Associate salary in India ranges between ₹2 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.