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4.0

based on 3.1k Reviews

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HDFC Ergo General Insurance Insurance Manager salaries in India

Annual salary range
5 - 12 years exp.
₹4 Lakhs - ₹9.4 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.
Salary of majority employees
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47% more than the average Insurance Manager Salary in Insurance Companies for 5 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Insurance Manager Salary
7 - 10 years exp. (3 salaries)
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₹4.5 L/yr - ₹9.4 L/yr

Sales & Business Development
Insurance Manager Salary
5 - 12 years exp. (3 salaries)
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₹4.1 L/yr - ₹5.8 L/yr

Last Updated: 21 Dec 2024

Companies similar to HDFC Ergo General Insurance for Insurance Manager

Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹8 L/yr

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₹2.5 L/yr - ₹4.7 L/yr

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₹3 L/yr - ₹5.1 L/yr

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Tata AIG Insurance Manager Salary

3 - 14 years exp. (8 salaries)

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₹2.7 L/yr - ₹6.1 L/yr

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₹1.2 L/yr - ₹15 L/yr

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₹12.5 L/yr - ₹14 L/yr

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₹2.4 L/yr - ₹7.5 L/yr

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₹1 L/yr - ₹6 L/yr

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PNB MetLife Insurance Manager Salary

0 - 8 years exp. (67 salaries)

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₹0.6 L/yr - ₹5.3 L/yr

arrow icon 40% less
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HDFC Life Insurance Manager Salary

1 - 6 years exp. (54 salaries)

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₹2.5 L/yr - ₹6 L/yr

arrow icon 37% less
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₹1.5 L/yr - ₹6 L/yr

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₹2.6 L/yr - ₹7.7 L/yr

arrow icon 24% less
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₹1.8 L/yr - ₹5 L/yr

arrow icon 39% less
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Max Life Insurance Insurance Manager Salary

0 - 8 years exp. (24 salaries)

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₹1.7 L/yr - ₹4.7 L/yr

arrow icon 38% less
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₹2.8 L/yr - ₹5 L/yr

arrow icon 42% less
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₹2.5 L/yr - ₹5.9 L/yr

arrow icon 35% less
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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 39% less
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Care Health Insurance Insurance Manager Salary

1 - 10 years exp. (10 salaries)

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₹2.5 L/yr - ₹4.9 L/yr

arrow icon 42% less
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₹3 L/yr - ₹8 L/yr

arrow icon 37% less
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₹3 L/yr - ₹5.6 L/yr

arrow icon 39% less
View all
Insurance Manager salary at HDFC Ergo General Insurance ranges between ₹4 Lakhs to ₹9.4 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 10 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Insurance Manager

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Experience wise HDFC Ergo General Insurance Insurance Manager salaries

Last Updated: 21 Dec 2024

Experience Avg Annual Salary
5 years  (3 salaries)

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₹4.1 L/yr - ₹9.7 L/yr
6 years (AmbitionBox Estimate)

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₹4 L/yr - ₹10.1 L/yr
7 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹10.4 L/yr
8 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹9.4 L/yr
View all

Similar Designation salaries in HDFC Ergo General Insurance

Branch Manager Salary
(199 salaries)
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₹4.7 L/yr - ₹12.9 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr
Area Manager Salary
(40 salaries)
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₹6 L/yr - ₹12.5 L/yr
Deputy Manager Salary
(839 salaries)
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₹3.2 L/yr - ₹10.25 L/yr
Sales Manager Salary
(287 salaries)
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₹2.2 L/yr - ₹7.7 L/yr
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₹5.58 L/yr - ₹18.64 L/yr
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₹4 L/yr - ₹10 L/yr
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₹3.7 L/yr - ₹11 L/yr
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₹2.6 L/yr - ₹5.25 L/yr
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₹1.85 L/yr - ₹6 L/yr

Salary related reviews for HDFC Ergo General Insurance

4.5

Rated by 4 employees for salary & benefits

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.

read more

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.

read more

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.

read 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 .

read more

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

read 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.

read more

BFSI, Investments & Trading Department

4.0
  •  posted on 16 Oct 2020

4.0
 for  Salary and Benefits

Likes

... company to work with. All employees are supportive from FLS level to top level. Salary, incentive and promotion structure is good which plays a supportive role to encourage the employees.

read more

Dislikes

Employees favouritism is there so no one should expect appraisal on the basis of performance.

see more salary related reviews

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HDFC Ergo General Insurance Insurance Manager Salary FAQs

What is the salary of Insurance Manager at HDFC Ergo General Insurance?
Insurance Manager salary at HDFC Ergo General Insurance in India ranges between ₹4.0 Lakhs to ₹9.4 Lakhs for experience between 5 years to 12 years. According to our estimates it is 47% more than the average Insurance Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of HDFC Ergo General Insurance India.
How does the salary of a Insurance Manager at HDFC Ergo General Insurance India compare with the average salary range for this job?
The average salary of a Insurance Manager at HDFC Ergo General Insurance is 47% more than the average salary of a Insurance Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Ergo General Insurance to a Insurance Manager in India?
  • National Insurance Company Insurance Manager Salary - ₹12.5 Lakhs to ₹14.0 Lakhs per year
  • The New India Assurance Co. Insurance Manager Salary - ₹1.2 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Insurance Manager in companies similar to HDFC Ergo General Insurance in India?
  • Star Health & Allied Insurance Insurance Manager Salary - ₹5.7 Lakhs to ₹7.3 Lakhs per year
  • SBI General Insurance Insurance Manager Salary - ₹2.4 Lakhs to ₹7.5 Lakhs per year
  • Tata AIG Insurance Manager Salary - ₹2.7 Lakhs to ₹6.1 Lakhs per year
  • Tata AIA Life Insurance Insurance Manager Salary - ₹2.6 Lakhs to ₹7.7 Lakhs per year
  • ICICI Lombard General Insurance Company Insurance Manager Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year
What is the estimated take home salary of a Insurance Manager at HDFC Ergo General Insurance in India?
The estimated take-home salary of a Insurance Manager at HDFC Ergo General Insurance ranges between ₹44,889 per month to ₹45,981 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Insurance Manager salary in India which ranges between ₹4.0 Lakhs to ₹9.4 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Insurance Manager at HDFC Ergo General Insurance?
According to AmbitionBox, 67% of the HDFC Ergo General Insurance Insurance Managers reported a notice period of 3 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Ergo General Insurance Insurance Manager salary in India ranges between ₹4 Lakhs to ₹9.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.