HDFC Ergo General Insurance Manager II Salaries by 4 Employees (Updated 2024)

11 - 17 years exp.

₹9 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Manager II Salary in Insurance Companies for 11 - 17 years of experience

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Last Updated: 26 Sep 2024

Companies similar to HDFC Ergo General Insurance for Manager II

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Manager II Salary 1 - 13 years exp. (139 salaries)	₹7.5 L/yr - ₹14 L/yr 13% less
Kotak Mahindra General Insurance Manager II Salary 9 - 12 years exp. (4 salaries)	₹6 L/yr - ₹7.5 L/yr 42% less
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SBI Life Insurance Company Manager II Salary 10 - 12 years exp. (3 salaries)	₹12.8 L/yr - ₹15 L/yr 16% more
ICICI Bank Manager II Salary 3 - 16 years exp. (386 salaries)	₹8.5 L/yr - ₹24.7 L/yr 41% more
PwC Manager II Salary 7 - 15 years exp. (273 salaries)	₹16 L/yr - ₹42 L/yr 177% more

Manager II salary at HDFC Ergo General Insurance ranges between ₹9 Lakhs to ₹14 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Manager II salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
13 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
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15+ years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr

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Salary related reviews for HDFC Ergo General Insurance

3.0

Rated by 1 employees for salary & benefits

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.

Deputy Manager Operations in Cuttack

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 06 May 2023

1.0

for Salary and Benefits

Likes

Company it will be give benifits like mandatory leave and GMC etc

Dislikes

Work culture is very bad as lot of work loads but campare to work salary is low.Appraisal is always suspense even you work better you may face bad appraisal.Even on sat and sun you may have to work if work is overloaded.

Junior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Mar 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

No promotion, no salary hike, people are more interested in office politics and gossiping, no recognition, sunday working 2 twice a month with no comp off, extra working hours with no extra pay.

Customer Experience Manager in Noida

Full Time

Human Resources Department

4.0

• posted on 10 Jun 2022

4.0

for Salary and Benefits

Likes

I like the company's culture, work environment and job security and so .. Teammates are very supportive and management is good.

Dislikes

I don't think so there is any negative points that u need to be point out. One point is that the salary is decent but growth in career is very slow

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 .

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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 Manager II Salary FAQs

What is the salary of Manager II at HDFC Ergo General Insurance?

Manager II salary at HDFC Ergo General Insurance in India ranges between ₹9.0 Lakhs to ₹14.0 Lakhs for experience between 11 years to 17 years. According to our estimates it is 42% less than the average Manager II Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Manager II at HDFC Ergo General Insurance is 42% less than the average salary of a Manager II in India. To know exact salary insights, login to view.

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

PwC Manager II Salary - ₹16.0 Lakhs to ₹42.0 Lakhs per year
ICICI Bank Manager II Salary - ₹8.5 Lakhs to ₹24.7 Lakhs per year
SBI Life Insurance Company Manager II Salary - ₹12.8 Lakhs to ₹15.0 Lakhs per year

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

ICICI Prudential Life Insurance Manager II Salary - ₹7.5 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra General Insurance Manager II Salary - ₹6.0 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Manager II at HDFC Ergo General Insurance ranges between ₹83,361 per month to ₹85,539 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Manager II salary in India which ranges between ₹9.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 11 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Manager II at HDFC Ergo General Insurance?

According to AmbitionBox, 100% of the HDFC Ergo General Insurance Manager IIs reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Manager II Salaries

HDFC Ergo General Insurance Manager II salary in India ranges between ₹9 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.