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HDFC Ergo General Insurance Reinsurance Manager salaries in India

Annual salary range
2 - 15 years exp.
₹5.7 Lakhs - ₹10 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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15% less than the average Reinsurance Manager Salary in Insurance Companies for 2 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Reinsurance Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹6 L/yr

Customer Success, Service & Operations
Reinsurance Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.3 L/yr

Sales & Business Development
Reinsurance Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 3 Nov 2023

Companies similar to HDFC Ergo General Insurance for Reinsurance Manager

Company name Avg Annual Salary Open Jobs
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₹6 L/yr - ₹9.5 L/yr

arrow icon 9% more
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₹8.3 L/yr - ₹10 L/yr

arrow icon 16% more
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₹9.4 L/yr - ₹13.5 L/yr

arrow icon 35% more
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Tata AIG Reinsurance Manager Salary

3 - 4 years exp. (4 salaries)

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₹6 L/yr - ₹9 L/yr

arrow icon 1% more
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EXL Service Reinsurance Manager Salary

13 - 14 years exp. (3 salaries)

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₹17 L/yr - ₹21 L/yr

arrow icon 129% more
Reinsurance Manager salary at HDFC Ergo General Insurance ranges between ₹5.7 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 15 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 Reinsurance Manager

1y ago
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15 years exp.
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9 years exp.
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2 years exp.
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2 years exp.
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8 years exp.

Experience wise HDFC Ergo General Insurance Reinsurance Manager salaries

Last Updated: 3 Nov 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹6.7 L/yr
3 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.1 L/yr
4 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
View all

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary
(958 salaries)
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₹3.2 L/yr - ₹10.25 L/yr
Chief Manager Salary
(7 salaries)
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₹5 L/yr - ₹18.13 L/yr
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₹5.05 L/yr - ₹18.54 L/yr
Senior Underwriter Salary
(AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr
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₹3 L/yr - ₹5.95 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
Team Lead Salary
(43 salaries)
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₹2.5 L/yr - ₹5.43 L/yr
Underwriter Salary
(13 salaries)
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₹3 L/yr - ₹7.22 L/yr
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₹6 L/yr - ₹14.75 L/yr
Analyst Salary
(4 salaries)
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₹5.1 L/yr - ₹12 L/yr

Salary related reviews for HDFC Ergo General Insurance

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

 · 

Human Resources Department

1.0
  •  posted on 01 Apr 2025

1.0
 for  Salary and Benefits

Likes

Company colleague

Dislikes

There is no job security, the salary is low, and employees are hired and fired without any reason and there is high work pressure. They hand out fancy Deputy Manager/ senior manager titles but force employees to do field sales like any other worker.

read more
  • Salary - Bad
  • +4 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
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HDFC Ergo General Insurance Reinsurance Manager Salary FAQs

What is the salary of Reinsurance Manager at HDFC Ergo General Insurance ?
The average salary of a Reinsurance Manager at HDFC Ergo General Insurance in India typically ranges from ₹5.7 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 2 years to 15 years).

The top 10% of Reinsurance Manager at HDFC Ergo General Insurance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Reinsurance 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 5 HDFC Ergo General Insurance employees in India.
What is the estimated take home salary of a Reinsurance Manager at HDFC Ergo General Insurance in India?
The estimated take-home salary of a Reinsurance Manager at HDFC Ergo General Insurance in India typically ranges from ₹59,000 to ₹60,489 per month. This is based on the average salary range of ₹5.7 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 2 years to 15 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 5 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 Reinsurance Manager in India?
EXL Service ₹17.0 Lakhs to ₹21.0 Lakhs per year
SBI General Insurance ₹9.4 Lakhs to ₹13.5 Lakhs per year
India Insure Risk Management Insurance Broking Services ₹8.3 Lakhs to ₹10.0 Lakhs per year
ICICI Lombard General Insurance Company ₹6.0 Lakhs to ₹9.5 Lakhs per year
Tata AIG ₹6.0 Lakhs to ₹9.0 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.
How the salary growth look like for a Reinsurance Manager at HDFC Ergo General Insurance in India?
The salary growth for a Reinsurance Manager at HDFC Ergo General Insurance depends on factors such as experience, performance, and promotions. On average, a Reinsurance Manager can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
2 years ₹5.3 Lakhs to ₹6.7 Lakhs per year
3 years ₹5.6 Lakhs to ₹7.1 Lakhs per year
4 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
5 years ₹6.2 Lakhs to ₹7.9 Lakhs per year
and so on.

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HDFC Ergo General Insurance Reinsurance Manager salary in India ranges between ₹5.7 Lakhs to ₹10 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.