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4.0

based on 3.1k Reviews

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HDFC Ergo General Insurance Product Development Manager salaries in India

Annual salary range
2 - 4 years exp.
₹10.5 Lakhs - ₹12 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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46% less than the average Product Development Manager Salary in Insurance Companies for 2 - 4 years of experience

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Salaries in different departments

Product Management
Product Development Manager Salary
3 - 4 years exp. (3 salaries)
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₹10.5 L/yr - ₹11.5 L/yr

Marketing & Communication
Product Development Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 2 May 2023

Companies similar to HDFC Ergo General Insurance for Product Development Manager

Company name Avg Annual Salary Open Jobs
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₹16 L/yr - ₹35 L/yr

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₹12 L/yr - ₹23 L/yr

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₹3.3 L/yr - ₹11.1 L/yr

arrow icon 41% less
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₹2.5 L/yr - ₹4.5 L/yr

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HDFC Life Product Development Manager Salary

0 - 2 years exp. (4 salaries)

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₹2.4 L/yr - ₹2.6 L/yr

arrow icon 79% less
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₹3.5 L/yr - ₹14 L/yr

arrow icon 9% less
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₹9 L/yr - ₹11.6 L/yr

arrow icon 12% less
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₹11 L/yr - ₹14.8 L/yr

arrow icon 13% more
Product Development Manager salary at HDFC Ergo General Insurance ranges between ₹10.5 Lakhs to ₹12 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Product Development Manager

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3 years exp.
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Experience wise HDFC Ergo General Insurance Product Development Manager salaries

Last Updated: 2 May 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹12 L/yr - ₹12 L/yr
3 years (AmbitionBox Estimate)

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₹10.5 L/yr - ₹20.9 L/yr
4 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹11.5 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary
(900 salaries)
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₹3 L/yr - ₹10.51 L/yr
Sales Executive Salary
(215 salaries)
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₹1 L/yr - ₹4.35 L/yr
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₹9.55 L/yr - ₹35 L/yr
Junior Associate Salary
(196 salaries)
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₹2 L/yr - ₹4.2 L/yr
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₹1.4 L/yr - ₹5 L/yr
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₹1.45 L/yr - ₹4.66 L/yr
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₹2.3 L/yr - ₹5 L/yr
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₹1.55 L/yr - ₹4.9 L/yr
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₹1.8 L/yr - ₹4.6 L/yr
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₹1.75 L/yr - ₹5 L/yr

Top skills at HDFC Ergo General Insurance for Product Development Manager

Communication Skills Leadership

Salary related reviews for HDFC Ergo General Insurance

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.

read more

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.

read more

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.

read more

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

read more

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.

read 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 .

read more

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.

read more

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.

read more
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HDFC Ergo General Insurance Product Development Manager Salary FAQs

What is the salary of Product Development Manager at HDFC Ergo General Insurance?
Product Development Manager salary at HDFC Ergo General Insurance in India ranges between ₹10.5 Lakhs to ₹12.0 Lakhs for experience between 2 years to 4 years. According to our estimates it is 46% less than the average Product Development Manager 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 Product Development Manager at HDFC Ergo General Insurance India compare with the average salary range for this job?
The average salary of a Product Development Manager at HDFC Ergo General Insurance is 46% less than the average salary of a Product Development Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Product Development Manager at HDFC Ergo General Insurance?
Communication Skills and Leadership are some of the popular skills required to work as a Product Development Manager at HDFC Ergo General Insurance India.
Which similar companies are paying more than HDFC Ergo General Insurance to a Product Development Manager in India?
  • Bajaj Allianz General Insurance Product Development Manager Salary - ₹16.0 Lakhs to ₹35.0 Lakhs per year
  • Future Generali India Life Insurance Product Development Manager Salary - ₹12.0 Lakhs to ₹23.0 Lakhs per year
  • PNB MetLife Product Development Manager Salary - ₹11.0 Lakhs to ₹14.8 Lakhs per year
What is the salary of a Product Development Manager in companies similar to HDFC Ergo General Insurance in India?
  • Max Life Insurance Product Development Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
  • Bajaj Allianz Life Insurance Product Development Manager Salary - ₹9.0 Lakhs to ₹11.6 Lakhs per year
  • Care Health Insurance Product Development Manager Salary - ₹3.3 Lakhs to ₹11.1 Lakhs per year
  • SBI Life Insurance Company Product Development Manager Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year
  • HDFC Life Product Development Manager Salary - ₹2.4 Lakhs to ₹2.6 Lakhs per year
What is the estimated take home salary of a Product Development Manager at HDFC Ergo General Insurance in India?
The estimated take-home salary of a Product Development Manager at HDFC Ergo General Insurance ranges between ₹82,623 per month to ₹84,780 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Product Development Manager salary in India which ranges between ₹10.5 Lakhs to ₹12.0 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Product Development Manager at HDFC Ergo General Insurance?
According to AmbitionBox, 100% of the HDFC Ergo General Insurance Product Development Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Ergo General Insurance Product Development Manager salary in India ranges between ₹10.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.