HDFC Ergo General Insurance Insurance Sales Officer Salaries by 6 Employees

0 - 7 years exp.

₹1.4 Lakh - ₹4.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

7% more than the average Insurance Sales Officer Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

Sales & Business Development Insurance Sales Officer Salary 2 - 6 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4 L/yr
BFSI, Investments & Trading Insurance Sales Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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Finance & Accounting Insurance Sales Officer Salary Fresher (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.5 L/yr

Last Updated: 18 Aug 2024

Companies similar to HDFC Ergo General Insurance for Insurance Sales Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Life Insurance Sales Officer Salary 0 - 6 years exp. (36 salaries)	₹1.9 L/yr - ₹4.9 L/yr 9% more
ICICI Lombard General Insurance Company Insurance Sales Officer Salary 0 - 5 years exp. (17 salaries)	₹1.5 L/yr - ₹4.5 L/yr 31% less
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Axis Max Life Insurance Insurance Sales Officer Salary 0 - 6 years exp. (15 salaries)	₹2.6 L/yr - ₹4.5 L/yr 12% more
Reliance Nippon Life Insurance Insurance Sales Officer Salary 0 - 4 years exp. (14 salaries)	₹0.9 L/yr - ₹3 L/yr 36% less
Tata AIA Life Insurance Insurance Sales Officer Salary 2 - 4 years exp. (9 salaries)	₹2.3 L/yr - ₹5 L/yr 22% more
ICICI Prudential Life Insurance Insurance Sales Officer Salary 1 - 5 years exp. (8 salaries)	₹3 L/yr - ₹4 L/yr 5% more
Bajaj Allianz Life Insurance Insurance Sales Officer Salary 0 - 6 years exp. (7 salaries)	₹1.5 L/yr - ₹4.5 L/yr 18% less
Star Health & Allied Insurance Insurance Sales Officer Salary 2 - 8 years exp. (7 salaries)	₹2.2 L/yr - ₹4.5 L/yr 18% less
Shriram Life Insurance Insurance Sales Officer Salary 0 - 7 years exp. (6 salaries)	₹1.5 L/yr - ₹4.5 L/yr 8% less
SBI Life Insurance Company Insurance Sales Officer Salary 0 - 8 years exp. (5 salaries)	₹2.1 L/yr - ₹4.5 L/yr 3% less
Kotak Mahindara Life Insurance Insurance Sales Officer Salary 1 - 6 years exp. (4 salaries)	₹3.2 L/yr - ₹4.7 L/yr 24% more
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Maruti Suzuki Insurance Broking Insurance Sales Officer Salary 0 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹4.5 L/yr 3% more

Insurance Sales Officer salary at HDFC Ergo General Insurance ranges between ₹1.4 Lakh to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Insurance Sales Officer salaries

Last Updated: 18 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.6 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Senior Sales Officer Salary

(4 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Sales Officer Salary

(43 salaries)

₹1.65 L/yr - ₹4.45 L/yr

Branch Sales Manager Salary

(5 salaries)

₹3.7 L/yr - ₹11 L/yr

Assistant Sales Manager Salary

(30 salaries)

₹2.6 L/yr - ₹5.25 L/yr

Area Sales Manager Salary

(140 salaries)

₹4.9 L/yr - ₹19.06 L/yr

Territory Sales Manager Salary

(17 salaries)

₹4 L/yr - ₹7.2 L/yr

Relationship Officer Salary

(4 salaries)

₹2.1 L/yr - ₹3.6 L/yr

Branch Manager Salary

(195 salaries)

₹4.7 L/yr - ₹14.5 L/yr

Sales Manager Salary

(285 salaries)

₹2.4 L/yr - ₹7.5 L/yr

Senior Sales Executive Salary

(48 salaries)

₹2.7 L/yr - ₹4.5 L/yr

Salary related reviews for HDFC Ergo General Insurance

4.4

Rated by 3 employees for salary & benefits

Insurance Sales Officer in Trichy

BFSI, Investments & Trading Department

5.0

• posted on 29 Jun 2022

3.0

for Salary and Benefits

Likes

Its a branded company and like to work

Skill development - Excellent

+1 more

Dislikes

...a good company but low level (Exicutive) employees salary and bonus is very low.he is a field work but final year bonus is only for variable pay in percentage only is not satisfied for working.higher authorities CTC is high so easily get a anual bonus is high.kindly analysis this structure.

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.

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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HDFC Ergo General Insurance Insurance Sales Officer Salary FAQs

What is the salary of Insurance Sales Officer at HDFC Ergo General Insurance ?

The average salary of a Insurance Sales Officer at HDFC Ergo General Insurance in India typically ranges from ₹1.4 Lakhs to ₹4.6 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Insurance Sales Officer at HDFC Ergo General Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Insurance Sales Officer 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 6 HDFC Ergo General Insurance employees in India.

What is the estimated take home salary of a Insurance Sales Officer at HDFC Ergo General Insurance in India?

The estimated take-home salary of a Insurance Sales Officer at HDFC Ergo General Insurance in India typically ranges from ₹23,478 to ₹24,939 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from Fresher to 7 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 6 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 Sales Officer in India?

Kotak Mahindara Life Insurance	₹3.2 Lakhs to ₹4.7 Lakhs per year
Tata AIA Life Insurance	₹2.3 Lakhs to ₹5.0 Lakhs per year
Axis Max Life Insurance	₹2.6 Lakhs to ₹4.5 Lakhs per year
HDFC Life	₹1.9 Lakhs to ₹4.9 Lakhs per year
ICICI Prudential Life Insurance	₹3.0 Lakhs to ₹4.0 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 Sales Officer in companies similar to HDFC Ergo General Insurance in India?

The salary of a Insurance Sales Officer 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:

Maruti Suzuki Insurance Broking	₹2.5 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company	₹2.1 Lakhs to ₹4.5 Lakhs per year
Shriram Life Insurance	₹1.5 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz Life Insurance	₹1.5 Lakhs to ₹4.5 Lakhs per year
Star Health & Allied Insurance	₹2.2 Lakhs to ₹4.5 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 Sales Officer at HDFC Ergo General Insurance in India?

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

Experience	Average Salary Range
Fresher	₹1.4 Lakhs to ₹3.6 Lakhs per year
1 year	₹2.1 Lakhs to ₹2.7 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.7 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.5 Lakhs per year

and so on.

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HDFC Ergo General Insurance Insurance Sales Officer Salaries by Location

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HDFC Ergo General Insurance Insurance Sales Officer Salaries

HDFC Ergo General Insurance Insurance Sales Officer salary in India ranges between ₹1.4 Lakh to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

HDFC Ergo General Insurance Insurance Sales Officer salaries in India

Companies similar to HDFC Ergo General Insurance for Insurance Sales Officer

Latest annual salaries shared by HDFC Ergo General Insurance Insurance Sales Officer

Experience wise HDFC Ergo General Insurance Insurance Sales Officer salaries

Similar Designation salaries in HDFC Ergo General Insurance

Salary related reviews for HDFC Ergo General Insurance

Insurance Sales Officer in Trichy

Deputy Manager in Surat

Branch Manager in Mumbai

Sales Executive in Noida

Sales Officer in Noida

HDFC Ergo General Insurance Insurance Sales Officer Salary FAQs

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HDFC Ergo General Insurance Insurance Sales Officer Salaries by Location