Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by HDFC Ergo General Insurance Team. If you also belong to the team, you can get access from here

HDFC Ergo General Insurance Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

HDFC Ergo General Insurance Product Manager salaries in India (Updated 2025)

Annual salary range
0 - 2 years exp.
₹13 Lakhs - ₹19 Lakhs
Avg. annual salary
unlock blur
Fixed
unlock blur Lakhs
Variable
unlock blur Lakhs

Monthly In-hand Salary

unlock blur

29% less than the average Product Manager Salary in Insurance Companies for 0 - 2 years of experience

Interested in this particular role?

Last Updated: 4 Apr 2025

Companies similar to HDFC Ergo General Insurance for Product Manager

Company name Avg Annual Salary Open Jobs
unlock blur

₹6 L/yr - ₹23 L/yr

arrow icon 9% less
Logo
HDFC Life Product Manager Salary

2 - 8 years exp. (77 salaries)

unlock blur

₹7.5 L/yr - ₹20 L/yr

arrow icon 13% less
unlock blur

₹6.3 L/yr - ₹19 L/yr

arrow icon 2% less
Logo
unlock blur

₹7.2 L/yr - ₹24.9 L/yr

arrow icon 6% more
unlock blur

₹8 L/yr - ₹31 L/yr

arrow icon 21% more
unlock blur

₹7.8 L/yr - ₹14.5 L/yr

arrow icon 26% less
unlock blur

₹13 L/yr - ₹30.5 L/yr

arrow icon 13% more
unlock blur

₹8 L/yr - ₹30 L/yr

arrow icon 15% more
Logo
unlock blur

₹11 L/yr - ₹32 L/yr

arrow icon 17% more
unlock blur

₹6 L/yr - ₹15 L/yr

arrow icon 21% less
unlock blur

₹10 L/yr - ₹16 L/yr

At par
unlock blur

₹7.2 L/yr - ₹21 L/yr

arrow icon 14% less
Product Manager salary at HDFC Ergo General Insurance ranges between ₹13 Lakhs to ₹19 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 21 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Product Manager

2d ago
₹17 Lakhs
1 year exp.
2d ago
₹17 Lakhs
2 years exp.
3w ago
₹14 Lakhs
1 year exp.
3mo ago
₹15 Lakhs
2 years exp.
3mo ago
₹14 Lakhs
1 year exp.
4mo ago
avg blur mobile
1 year exp.
5mo ago
avg blur mobile
1 year exp.
5mo ago
avg blur mobile
2 years exp.
5mo ago
avg blur mobile
1 year exp.
8mo ago
avg blur mobile
1 year exp.

Experience wise HDFC Ergo General Insurance Product Manager salaries

Last Updated: 4 Apr 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

unlock blur

₹13.6 L/yr - ₹15.9 L/yr
1 year  (14 salaries)

unlock blur

₹13 L/yr - ₹19 L/yr
2 years  (3 salaries)

unlock blur

₹15 L/yr - ₹18.2 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Project Manager Salary
(16 salaries)
unlock blur
₹10 L/yr - ₹17.55 L/yr
Production Manager Salary
(AmbitionBox Estimate)
unlock blur
₹13 L/yr - ₹16.6 L/yr
unlock blur
₹11.4 L/yr - ₹38 L/yr
Deputy Manager Salary
(885 salaries)
unlock blur
₹3 L/yr - ₹10.25 L/yr
unlock blur
₹11.5 L/yr - ₹23 L/yr
Scrum Master Salary
(AmbitionBox Estimate)
unlock blur
₹22.5 L/yr - ₹28.7 L/yr
unlock blur
₹16 L/yr - ₹35 L/yr
Associate Product Manager Salary
(AmbitionBox Estimate)
unlock blur
₹11.7 L/yr - ₹15 L/yr
Technical Product Manager Salary
(AmbitionBox Estimate)
unlock blur
₹12.6 L/yr - ₹16.1 L/yr
Assistant Product Manager Salary
(AmbitionBox Estimate)
unlock blur
₹5.9 L/yr - ₹7.5 L/yr

Top skills at HDFC Ergo General Insurance for Product Manager

Innovation Product Marketing Marketing Planning Product Design Product Management Leadership Skills Communication Skills Marketing Product Management

Salary related reviews for HDFC Ergo General Insurance

3.0

Rated by 4 employees for salary & benefits

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.

read more
  • Skill development - Poor
  • +1 more

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.

read more

Dislikes

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

  • Salary - Poor
  • +6 more

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.

read more
  • Salary - Poor
  • +5 more

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

read more
  • 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

read more

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

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

HDFC Ergo General Insurance Product Manager Salary FAQs

What is the salary of Product Manager at HDFC Ergo General Insurance ?
The average salary of a Product Manager at HDFC Ergo General Insurance in India typically ranges from ₹13.0 Lakhs to ₹19.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Product Manager at HDFC Ergo General Insurance earn more than ₹18.5 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Product Manager 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 20+ HDFC Ergo General Insurance employees in India.
What is the estimated take home salary of a Product Manager at HDFC Ergo General Insurance in India?
The estimated take-home salary of a Product Manager at HDFC Ergo General Insurance in India typically ranges from ₹1,06,649 to ₹1,09,586 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 20+ salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Product Manager at HDFC Ergo General Insurance ?
To be a Product Manager at HDFC Ergo General Insurance in india, the key skills required include:

  • - Innovation
  • - Product Marketing
  • - Marketing Planning
  • - Product Design
  • - Product Management

These skills are highly valued at HDFC Ergo General Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Ergo General Insurance for Product Manager in India?
Kotak Mahindara Life Insurance ₹8.0 Lakhs to ₹31.0 Lakhs per year
Tata AIA Life Insurance ₹11.0 Lakhs to ₹32.0 Lakhs per year
Bajaj Allianz Life Insurance ₹8.0 Lakhs to ₹30.0 Lakhs per year
Star Health & Allied Insurance ₹13.0 Lakhs to ₹30.5 Lakhs per year
Axis Max Life Insurance ₹7.2 Lakhs to ₹24.9 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 Product Manager in companies similar to HDFC Ergo General Insurance in India?
The salary of a Product Manager 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:

Aditya Birla Sun Life Insurance ₹10.0 Lakhs to ₹16.0 Lakhs per year
ICICI Prudential Life Insurance ₹6.3 Lakhs to ₹19.0 Lakhs per year
ICICI Lombard General Insurance Company ₹6.0 Lakhs to ₹23.0 Lakhs per year
HDFC Life ₹7.5 Lakhs to ₹20.0 Lakhs per year
Kotak Mahindra General Insurance ₹7.2 Lakhs to ₹21.0 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 Product Manager at HDFC Ergo General Insurance in India?
The salary growth for a Product Manager at HDFC Ergo General Insurance depends on factors such as experience, performance, and promotions. On average, a Product Manager can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
Fresher ₹13.6 Lakhs to ₹15.9 Lakhs per year
1 year ₹13.0 Lakhs to ₹19.0 Lakhs per year
2 years ₹15.0 Lakhs to ₹18.2 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Ergo General Insurance Product Manager salary in India ranges between ₹13 Lakhs to ₹19 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 21 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.