HDFC Ergo General Insurance Policy Processing Officer Salaries by 4 Employees (Updated 2024)

4 - 7 years exp.

₹3 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

48% more than the average Policy Processing Officer Salary in Insurance Companies for 4 - 7 years of experience

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Last Updated: 21 Nov 2024

Companies similar to HDFC Ergo General Insurance for Policy Processing Officer

Company name	Avg Annual Salary	Open Jobs
Universal Sompo General Insurance Policy Processing Officer Salary 3 - 7 years exp. (5 salaries)	₹2.3 L/yr - ₹3.4 L/yr 18% less
PolicyBazaar Policy Processing Officer Salary 1 - 3 years exp. (4 salaries)	₹3.1 L/yr - ₹5 L/yr 23% more
Login to view exact salary
Royal Sundaram General Insurance Policy Processing Officer Salary 0 - 3 years exp. (4 salaries)	₹0.8 L/yr - ₹3.6 L/yr 57% less
CreditAccess Grameen Policy Processing Officer Salary 1 - 3 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 12% less
Liberty General Insurance Policy Processing Officer Salary 4 - 7 years exp. (4 salaries)	₹3.2 L/yr - ₹4.2 L/yr 7% more

Policy Processing Officer salary at HDFC Ergo General Insurance ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Policy Processing Officer salaries

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr
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5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr

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Salary related reviews for HDFC Ergo General Insurance

1.0

Rated by 1 employees for salary & benefits

Operations Manager in Noida

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

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 .

Customer Support Executive in Chennai

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.

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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a technical project manager

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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 Policy Processing Officer Salary FAQs

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

Policy Processing Officer salary at HDFC Ergo General Insurance in India ranges between ₹3.0 Lakhs to ₹4.0 Lakhs for experience between 4 years to 7 years. According to our estimates it is 48% more than the average Policy Processing Officer 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 Policy Processing Officer at HDFC Ergo General Insurance India compare with the average salary range for this job?

The average salary of a Policy Processing Officer at HDFC Ergo General Insurance is 48% more than the average salary of a Policy Processing Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Ergo General Insurance to a Policy Processing Officer in India?

PolicyBazaar Policy Processing Officer Salary - ₹3.1 Lakhs to ₹5.0 Lakhs per year
Liberty General Insurance Policy Processing Officer Salary - ₹3.2 Lakhs to ₹4.2 Lakhs per year

What is the salary of a Policy Processing Officer in companies similar to HDFC Ergo General Insurance in India?

CreditAccess Grameen Policy Processing Officer Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
Universal Sompo General Insurance Policy Processing Officer Salary - ₹2.3 Lakhs to ₹3.4 Lakhs per year
Royal Sundaram General Insurance Policy Processing Officer Salary - ₹0.8 Lakhs to ₹3.6 Lakhs per year

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

The estimated take-home salary of a Policy Processing Officer at HDFC Ergo General Insurance ranges between ₹26,193 per month to ₹27,614 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Policy Processing Officer salary in India which ranges between ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Policy Processing Officer at HDFC Ergo General Insurance?

According to AmbitionBox, 67% of the HDFC Ergo General Insurance Policy Processing Officers reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Policy Processing Officer Salaries

HDFC Ergo General Insurance Policy Processing Officer salary in India ranges between ₹3 Lakhs to ₹4 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.