HDFC Ergo General Insurance Location Head Salaries by 5 Employees (Updated 2024)

8 - 17 years exp.

₹6 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

26% less than the average Location Head Salary in Insurance Companies for 8 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Location Head Salary 8 - 15 years exp. (3 salaries)	₹6 L/yr - ₹8.3 L/yr
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Sales & Business Development Location Head Salary 15 - 17 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 1 Jul 2023

Companies similar to HDFC Ergo General Insurance for Location Head

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Location Head Salary 9 - 15 years exp. (5 salaries)	₹8.5 L/yr - ₹12 L/yr 45% more
Bajaj Allianz General Insurance Location Head Salary 3 - 19 years exp. (4 salaries)	₹3.6 L/yr - ₹16 L/yr 8% more
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Reliance General Insurance Location Head Salary 2 - 12 years exp. (5 salaries)	₹6.5 L/yr - ₹9.5 L/yr 6% more
Kotak Mahindara Life Insurance Location Head Salary 15 - 25 years exp. (8 salaries)	₹7.5 L/yr - ₹13.2 L/yr 50% more
Shriram Life Insurance Location Head Salary 6 - 15 years exp. (5 salaries)	₹5 L/yr - ₹6.7 L/yr 21% less
HDFC Life Location Head Salary 10 - 14 years exp. (4 salaries)	₹8.3 L/yr - ₹10.5 L/yr 25% more
Bajaj Allianz Life Insurance Location Head Salary 6 - 21 years exp. (3 salaries)	₹3.8 L/yr - ₹17 L/yr 52% more

Location Head salary at HDFC Ergo General Insurance ranges between ₹6 Lakhs to ₹9 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Location Head salaries

Last Updated: 1 Jul 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.2 L/yr
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10 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
11 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
14 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
15+ years (3 salaries)	₹8.3 L/yr - ₹9 L/yr

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Salary related reviews for HDFC Ergo General Insurance

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.

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.

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.

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.

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

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.

Territory Sales Manager in Bhubaneswar

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.

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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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Ergo General Insurance Location Head Salary FAQs

What is the salary of Location Head at HDFC Ergo General Insurance?

Location Head salary at HDFC Ergo General Insurance in India ranges between ₹6.0 Lakhs to ₹9.0 Lakhs for experience between 8 years to 17 years. According to our estimates it is 26% less than the average Location Head Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Ergo General Insurance India.

How does the salary of a Location Head at HDFC Ergo General Insurance India compare with the average salary range for this job?

The average salary of a Location Head at HDFC Ergo General Insurance is 26% less than the average salary of a Location Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Ergo General Insurance to a Location Head in India?

Bajaj Allianz Life Insurance Location Head Salary - ₹3.8 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindara Life Insurance Location Head Salary - ₹7.5 Lakhs to ₹13.2 Lakhs per year
ICICI Lombard General Insurance Company Location Head Salary - ₹8.5 Lakhs to ₹12.0 Lakhs per year
HDFC Life Location Head Salary - ₹8.3 Lakhs to ₹10.5 Lakhs per year
Bajaj Allianz General Insurance Location Head Salary - ₹3.6 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Location Head in companies similar to HDFC Ergo General Insurance in India?

Reliance General Insurance Location Head Salary - ₹6.5 Lakhs to ₹9.5 Lakhs per year
Shriram Life Insurance Location Head Salary - ₹5.0 Lakhs to ₹6.7 Lakhs per year

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

The estimated take-home salary of a Location Head at HDFC Ergo General Insurance ranges between ₹55,981 per month to ₹57,384 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Location Head salary in India which ranges between ₹6.0 Lakhs to ₹9.0 Lakhs per year for employees with experience between 8 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Location Head at HDFC Ergo General Insurance?

According to AmbitionBox, 50% of the HDFC Ergo General Insurance Location Heads reported a notice period of 3 Months, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Location Head Salaries by Location

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HDFC Ergo General Insurance Location Head Salaries

HDFC Ergo General Insurance Location Head salary in India ranges between ₹6 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.