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4.0

based on 3.1k Reviews

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HDFC Ergo General Insurance Insurance Executive salaries in Mumbai

Annual salary range
2 - 4 years exp.
₹2.1 Lakhs - ₹2.7 Lakhs
Salary of majority employees
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8% less than the average Insurance Executive Salary in Insurance Companies for 2 - 4 years of experience

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Last Updated: 16 Dec 2023

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

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HDFC Ergo General Insurance Insurance Executive Salary

2 - 4 years exp. (4 salaries)

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₹2.1 L/yr - ₹2.7 L/yr

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₹1.2 L/yr - ₹4 L/yr

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0 - 5 years exp. (4 salaries)

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₹1.9 L/yr - ₹2.4 L/yr

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₹1.3 L/yr - ₹2 L/yr

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Insurance Executive salary at HDFC Ergo General Insurance ranges between ₹2.1 Lakhs to ₹2.7 Lakhs per year for employees with experience between 2 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 Executive in Mumbai

1y ago
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4 years exp.
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4 years exp.
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2 years exp.
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3 years exp.

Experience wise HDFC Ergo General Insurance Insurance Executive salaries in Mumbai

Last Updated: 16 Dec 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹4.2 L/yr
3 years (AmbitionBox Estimate)

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₹1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Sales Executive Salary
(54 salaries)
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₹1.5 L/yr - ₹4.35 L/yr
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₹1.8 L/yr - ₹3.5 L/yr
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₹1.5 L/yr - ₹4.5 L/yr
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₹1.8 L/yr - ₹4.13 L/yr
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₹1.55 L/yr - ₹4 L/yr
MIS Executive Salary
(9 salaries)
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₹2 L/yr - ₹4.2 L/yr
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₹2.75 L/yr - ₹3.4 L/yr

Salary related reviews for HDFC Ergo General Insurance

5.0

Rated by 2 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

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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.

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.

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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.

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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 .

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Full Time

 · 

CEM Department

4.0
  •  posted on 29 Oct 2018

3.0
 for  Salary and Benefits

Likes

1.Work environment was friendly & approach towards hierarchial level was easier. 2.Work-life balance was smooth. 3.Learning opportunity was awesome.

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Dislikes

1.Compensation is up to the experience & growth 2.Lot of politics 3.Managers take advantage with the strengths like if a person is work-aholic they ask to work more than working hours n burden with loads of work but doesn't appreciate or recognize the efforts 4.Focus on OJT is poor & the seniors had to guide the fresher's about the look & corner of the work process, due to politics the seniors effort go unnoticed.

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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.

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.

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HDFC Ergo General Insurance Insurance Executive Salary FAQs

What is the salary of Insurance Executive at HDFC Ergo General Insurance Mumbai?
Insurance Executive salary at HDFC Ergo General Insurance in Mumbai ranges between ₹2.1 Lakhs to ₹2.7 Lakhs for experience between 2 years to 4 years. According to our estimates it is 8% less than the average Insurance Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance Mumbai.
How does the salary of a Insurance Executive at HDFC Ergo General Insurance Mumbai compare with the average salary range for this job?
The average salary of a Insurance Executive at HDFC Ergo General Insurance is 8% less than the average salary of a Insurance Executive in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Ergo General Insurance to a Insurance Executive in Mumbai?
  • Bajaj Allianz General Insurance Insurance Executive Salary - ₹1.2 Lakhs to ₹4.0 Lakhs per year
  • ICICI Prudential Life Insurance Insurance Executive Salary - ₹2.4 Lakhs to ₹3.0 Lakhs per year
  • ICICI Lombard General Insurance Company Insurance Executive Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
What is the salary of a Insurance Executive in companies similar to HDFC Ergo General Insurance in Mumbai?
  • Tata AIG Insurance Executive Salary - ₹1.9 Lakhs to ₹2.4 Lakhs per year
  • Kotak Mahindara Life Insurance Insurance Executive Salary - ₹1.3 Lakhs to ₹2.0 Lakhs per year
What is the estimated take home salary of a Insurance Executive at HDFC Ergo General Insurance in Mumbai?
The estimated take-home salary of a Insurance Executive at HDFC Ergo General Insurance ranges between ₹17,374 per month to ₹19,077 per month in Mumbai. The take-home salary calculation is based on the average HDFC Ergo General Insurance Insurance Executive salary in India which ranges between ₹2.1 Lakhs to ₹2.7 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Insurance Executive at HDFC Ergo General Insurance in Mumbai?
According to AmbitionBox, 60% of the HDFC Ergo General Insurance Insurance Executives in Mumbai reported a notice period of 2 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Insurance Executive salary in Mumbai ranges between ₹2.1 Lakhs to ₹2.7 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.