HDFC Ergo General Insurance Process Associate Salaries by 7 Employees

1 - 6 years exp.

₹2.6 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

At par with the average Process Associate Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Process Associate Salary 2 - 6 years exp. (3 salaries)	₹2.6 L/yr - ₹4.3 L/yr
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Sales & Business Development Process Associate Salary 3 - 4 years exp. (3 salaries)	₹2.9 L/yr - ₹5 L/yr

Last Updated: 20 Dec 2024

Companies similar to HDFC Ergo General Insurance for Process Associate

Company name	Avg Annual Salary	Open Jobs
Gallagher Process Associate Salary 0 - 4 years exp. (1.4k salaries)	₹1.1 L/yr - ₹6 L/yr 6% less
HDFC Life Process Associate Salary 0 - 4 years exp. (26 salaries)	₹1.5 L/yr - ₹3.1 L/yr 31% less
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Axis Max Life Insurance Process Associate Salary 0 - 6 years exp. (15 salaries)	₹2 L/yr - ₹3.3 L/yr 19% less
SBI Life Insurance Company Process Associate Salary 1 - 5 years exp. (12 salaries)	₹1.2 L/yr - ₹3.5 L/yr 21% less
ICICI Prudential Life Insurance Process Associate Salary 0 - 6 years exp. (10 salaries)	₹2.5 L/yr - ₹6 L/yr 21% more
Shriram Life Insurance Process Associate Salary 0 - 5 years exp. (10 salaries)	₹1.5 L/yr - ₹2.5 L/yr 36% less
ICICI Lombard General Insurance Company Process Associate Salary 0 - 6 years exp. (9 salaries)	₹2.2 L/yr - ₹3 L/yr 21% less
Empower Process Associate Salary 2 - 4 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr 19% more
AIG Process Associate Salary 1 - 4 years exp. (6 salaries)	₹3 L/yr - ₹4.5 L/yr 15% more
Swiss Re Process Associate Salary 2 - 11 years exp. (5 salaries)	₹3.8 L/yr - ₹8.4 L/yr 98% more
Aditya Birla Sun Life Insurance Process Associate Salary 1 - 4 years exp. (5 salaries)	₹2.6 L/yr - ₹4.7 L/yr 13% more
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Bajaj Allianz Life Insurance Process Associate Salary 4 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹3.2 L/yr 25% less
AXA Process Associate Salary 0 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 12% more
Kotak Mahindara Life Insurance Process Associate Salary 2 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹4 L/yr 27% less
XL Catlin Process Associate Salary 2 years exp. (3 salaries)	₹3.5 L/yr - ₹4.8 L/yr 12% more
Star Health & Allied Insurance Process Associate Salary 0 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr 19% less

Process Associate salary at HDFC Ergo General Insurance ranges between ₹2.6 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Process Associate salaries

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5.4 L/yr
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3 years (3 salaries)	₹1.3 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.3 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Senior Associate Salary

(95 salaries)

₹2.52 L/yr - ₹5.95 L/yr

Senior Process Associate Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Account Assistant Salary

(7 salaries)

₹2.3 L/yr - ₹3.7 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

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(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

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₹4.2 L/yr - ₹7.5 L/yr

Finance Executive Salary

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₹2.5 L/yr - ₹3.4 L/yr

Analyst Salary

(4 salaries)

₹5.1 L/yr - ₹12 L/yr

Accounting Staff Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Salary related reviews for HDFC Ergo General Insurance

3.5

Rated by 3 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.

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

Cluster Head Sales in Chandigarh

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2025

2.0

for Salary and Benefits

Likes

Nothing even HOD sitting at Mumbai not eager to pay travelling allowance. Great joke you need to provide upi payment detail for bus fare if you have travelled by private bus.

Dislikes

Seniors don't have humanity, you need to attend concall even though you are in icu.

Salary - Poor

+6 more

Duty Medical Officer in Mumbai

Full Time

Healthcare & Life Sciences Department

1.0

• posted on 31 Jan 2025

2.0

for Salary and Benefits

Likes

Salary on time only benifits.

Dislikes

- Creat problem when you switch, create relieving issues . - CTC not as per discussion. - 3 month Notice period ,if not done no compensation AND RECOVERY. THANK TWICE BEFORE JOINING. - 5 days on paper but 6 days off record work. BOTHERATION BY MANAGER FOR TARGET TO REJECT CLAIMS.

Salary - Poor

+5 more

Senior Manager Information Technology in Mumbai

Full Time

IT & Information Security Department

5.0

• posted on 25 Dec 2024

5.0

for Salary and Benefits

Likes

...appy to be part of HDFC Ergo where I can upskill myself along with he work life. Company encourage us to take time off for personal life Management is good Salary and work environment is also good Multiple events helps to avoid boring work life

Salary - Excellent

+6 more

Dislikes

Nothing so far... See if they can help to improve the appraisal thing 😜 Because whatever good we get as an employee but good increament will always have higher stake in that happiness and shows worthiness to the efforts

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

Skill development - Bad

+4 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Ergo General Insurance Process Associate Salary FAQs

What is the salary of Process Associate at HDFC Ergo General Insurance ?

The average salary of a Process Associate at HDFC Ergo General Insurance in India typically ranges from ₹2.6 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Process Associate at HDFC Ergo General Insurance earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Process Associate 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 7 HDFC Ergo General Insurance employees in India.

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

The estimated take-home salary of a Process Associate at HDFC Ergo General Insurance in India typically ranges from ₹23,085 to ₹24,552 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 7 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 Process Associate in India?

Swiss Re	₹3.8 Lakhs to ₹8.4 Lakhs per year
ICICI Prudential Life Insurance	₹2.5 Lakhs to ₹6.0 Lakhs per year
Empower	₹3.0 Lakhs to ₹5.0 Lakhs per year
AIG	₹3.0 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.6 Lakhs to ₹4.7 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 Process Associate in companies similar to HDFC Ergo General Insurance in India?

The salary of a Process Associate 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:

AXA	₹3.0 Lakhs to ₹4.5 Lakhs per year
XL Catlin	₹3.5 Lakhs to ₹4.8 Lakhs per year
Gallagher	₹1.1 Lakhs to ₹6.0 Lakhs per year
Axis Max Life Insurance	₹2.0 Lakhs to ₹3.3 Lakhs per year
Star Health & Allied Insurance	₹2.1 Lakhs to ₹3.5 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 Process Associate at HDFC Ergo General Insurance in India?

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

Experience	Average Salary Range
1 year	₹1.1 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.6 Lakhs to ₹5.4 Lakhs per year
3 years	₹1.3 Lakhs to ₹3.9 Lakhs per year
4 years	₹1.4 Lakhs to ₹5.0 Lakhs per year

and so on.

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HDFC Ergo General Insurance Process Associate Salaries

HDFC Ergo General Insurance Process Associate salary in India ranges between ₹2.6 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.