HDFC Ergo General Insurance Relationship Manager Salaries by 80+ Employees (Updated 2025)

2 - 9 years exp.

₹1.9 Lakh - ₹5.6 Lakhs

Salary of majority employees

23% less than the average Relationship Manager Salary in Insurance Companies for 2 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 2 - 8 years exp. (33 salaries)	₹2 L/yr - ₹5 L/yr
Sales & Business Development Relationship Manager Salary 2 - 9 years exp. (17 salaries)	₹2.5 L/yr - ₹9.1 L/yr
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Marketing & Communication Relationship Manager Salary 2 - 7 years exp. (10 salaries)	₹2.2 L/yr - ₹6 L/yr
Customer Success, Service & Operations Relationship Manager Salary 2 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹5.2 L/yr
Data Science & Analytics Relationship Manager Salary 2 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹3.9 L/yr

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Last Updated: 22 Feb 2025

Companies similar to HDFC Ergo General Insurance for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Relationship Manager Salary 0 - 12 years exp. (330 salaries)	₹2.5 L/yr - ₹8.6 L/yr 19% more	2 job openings
Bajaj Allianz General Insurance Relationship Manager Salary 0 - 10 years exp. (334 salaries)	₹1.7 L/yr - ₹6.5 L/yr 3% more	59 job openings
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Reliance General Insurance Relationship Manager Salary 0 - 11 years exp. (49 salaries)	₹1.8 L/yr - ₹6.2 L/yr 6% more
Tata AIG Relationship Manager Salary 0 - 12 years exp. (860 salaries)	₹2 L/yr - ₹7.5 L/yr 19% more	14 job openings
PNB MetLife Relationship Manager Salary 0 - 12 years exp. (1.2k salaries)	₹2.2 L/yr - ₹4.7 L/yr 6% less	161 job openings
Tata AIA Life Insurance Relationship Manager Salary 0 - 10 years exp. (1.1k salaries)	₹1.8 L/yr - ₹5.6 L/yr 3% more	99 job openings
Bajaj Allianz Life Insurance Relationship Manager Salary 0 - 10 years exp. (758 salaries)	₹1.6 L/yr - ₹5 L/yr 14% less	20 job openings
HDFC Life Relationship Manager Salary 0 - 9 years exp. (561 salaries)	₹1.7 L/yr - ₹5 L/yr 9% less	2 job openings
Niva Bupa Health Insurance Company Relationship Manager Salary 0 - 10 years exp. (559 salaries)	₹1.9 L/yr - ₹4.8 L/yr 6% less	2 job openings
Max Life Insurance Relationship Manager Salary 0 - 10 years exp. (498 salaries)	₹1.1 L/yr - ₹7 L/yr 20% more	6 job openings
ICICI Prudential Life Insurance Relationship Manager Salary 0 - 7 years exp. (347 salaries)	₹1.9 L/yr - ₹7.8 L/yr 15% more
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Star Health & Allied Insurance Relationship Manager Salary 0 - 7 years exp. (277 salaries)	₹1.5 L/yr - ₹4.5 L/yr 15% less
Aditya Birla Sun Life Insurance Relationship Manager Salary 0 - 7 years exp. (249 salaries)	₹1.7 L/yr - ₹5.5 L/yr 3% less
Future Generali India Life Insurance Relationship Manager Salary 0 - 6 years exp. (291 salaries)	₹1.8 L/yr - ₹4.5 L/yr 19% less	48 job openings
Reliance Nippon Life Insurance Relationship Manager Salary 0 - 11 years exp. (221 salaries)	₹1.7 L/yr - ₹5.1 L/yr 8% less
SBI General Insurance Relationship Manager Salary 1 - 9 years exp. (209 salaries)	₹1.8 L/yr - ₹6.6 L/yr 10% less
Kotak Mahindara Life Insurance Relationship Manager Salary 0 - 7 years exp. (209 salaries)	₹1.8 L/yr - ₹7 L/yr 7% less	9 job openings
Canara HSBC Life Insurance Relationship Manager Salary 1 - 9 years exp. (203 salaries)	₹2.5 L/yr - ₹6 L/yr 2% less
Shriram Life Insurance Relationship Manager Salary 0 - 7 years exp. (99 salaries)	₹1.8 L/yr - ₹6.3 L/yr 6% more
SBI Life Insurance Company Relationship Manager Salary 2 - 10 years exp. (50 salaries)	₹2.5 L/yr - ₹6 L/yr 8% more

View all

Relationship Manager salary at HDFC Ergo General Insurance ranges between ₹1.9 Lakh to ₹5.6 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 88 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Relationship Manager salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
2 years (18 salaries)	₹2 L/yr - ₹4.9 L/yr
3 years (12 salaries)	₹1.9 L/yr - ₹5 L/yr
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4 years (12 salaries)	₹2.5 L/yr - ₹4 L/yr
5 years (21 salaries)	₹2.3 L/yr - ₹6 L/yr
6 years (14 salaries)	₹2.5 L/yr - ₹5.6 L/yr
7 years (8 salaries)	₹3.1 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.6 L/yr
9 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹7.9 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Relationship Officer Salary

(4 salaries)

₹2.1 L/yr - ₹3.6 L/yr

Branch Manager Salary

(195 salaries)

₹4.7 L/yr - ₹14.5 L/yr

Department Manager Salary

(4 salaries)

₹7 L/yr - ₹14.75 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Deputy Manager Salary

(955 salaries)

₹3.2 L/yr - ₹10.25 L/yr

Territory Manager Salary

(18 salaries)

₹4 L/yr - ₹10 L/yr

Sales Manager Salary

(282 salaries)

₹2.2 L/yr - ₹7.5 L/yr

Area Sales Manager Salary

(142 salaries)

₹4.92 L/yr - ₹18.23 L/yr

Area Manager Salary

(40 salaries)

₹6 L/yr - ₹12.5 L/yr

Branch Sales Manager Salary

(5 salaries)

₹3.7 L/yr - ₹11 L/yr

Top skills at HDFC Ergo General Insurance for Relationship Manager

channel management Banking Sales Sales Underwriting Channel Development B2B Sales General Insurance Branch Banking Bancassurance Insurance Sales Corporate Sales Health Insurance Agency Sales SME Sales Marketing

Salary related reviews for HDFC Ergo General Insurance

3.7

Rated by 34 employees for salary & benefits

Relationship Manager in Patna

Bancainsurance Department

2.0

• posted on 28 Jun 2018

2.0

for Salary and Benefits

Likes

I don't like anything about working in Apollo Munich, except few people.

Dislikes

There id nothing to like, There is no transparency in salary cut And they won't give Allowances if you will not Achieve your target. There is no management support. Full stressful life, Senior don't know how to work. They will simply put pressure on you.

Salary - Poor

+6 more

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

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.

Salary - Bad

+6 more

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.

Salary - Excellent

+6 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 .

Sales Officer in Noida

Customer Success, Service & Operations Department

5.0

• posted on 10 Jun 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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HDFC Ergo General Insurance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at HDFC Ergo General Insurance?

Relationship Manager salary at HDFC Ergo General Insurance in India ranges between ₹1.9 Lakhs to ₹5.6 Lakhs for experience between 2 years to 9 years. According to our estimates it is 23% less than the average Relationship Manager Salary in India. Salary estimates are based on 88 latest salaries received from various employees of HDFC Ergo General Insurance India.

How does the salary of a Relationship Manager at HDFC Ergo General Insurance India compare with the average salary range for this job?

The average salary of a Relationship Manager at HDFC Ergo General Insurance is 23% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Relationship Manager at HDFC Ergo General Insurance?

channel management, Banking Sales, Sales, Underwriting and Channel Development are some of the popular skills required to work as a Relationship Manager at HDFC Ergo General Insurance India.

Which similar companies are paying more than HDFC Ergo General Insurance to a Relationship Manager in India?

The Oriental Insurance Co. Relationship Manager Salary - ₹30.0 Lakhs to ₹36.0 Lakhs per year
Max Life Insurance Relationship Manager Salary - ₹1.1 Lakhs to ₹7.0 Lakhs per year
ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.5 Lakhs to ₹8.6 Lakhs per year
Tata AIG Relationship Manager Salary - ₹2.0 Lakhs to ₹7.5 Lakhs per year
ICICI Prudential Life Insurance Relationship Manager Salary - ₹1.9 Lakhs to ₹7.8 Lakhs per year

What is the salary of a Relationship Manager in companies similar to HDFC Ergo General Insurance in India?

SBI Life Insurance Company Relationship Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Shriram Life Insurance Relationship Manager Salary - ₹1.8 Lakhs to ₹6.3 Lakhs per year
Reliance General Insurance Relationship Manager Salary - ₹1.8 Lakhs to ₹6.2 Lakhs per year
Tata AIA Life Insurance Relationship Manager Salary - ₹1.8 Lakhs to ₹5.6 Lakhs per year
Bajaj Allianz General Insurance Relationship Manager Salary - ₹1.7 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at HDFC Ergo General Insurance ranges between ₹28,589 per month to ₹29,974 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Relationship Manager salary in India which ranges between ₹1.9 Lakhs to ₹5.6 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at HDFC Ergo General Insurance?

According to AmbitionBox, 42% of the HDFC Ergo General Insurance Relationship Managers reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 60 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Relationship Manager Salaries

HDFC Ergo General Insurance Relationship Manager salary in India ranges between ₹1.9 Lakh to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 88 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

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

Companies similar to HDFC Ergo General Insurance for Relationship Manager

Latest annual salaries shared by HDFC Ergo General Insurance Relationship Manager

Experience wise HDFC Ergo General Insurance Relationship Manager salaries

Similar Designation salaries in HDFC Ergo General Insurance

Top skills at HDFC Ergo General Insurance for Relationship Manager

Salary related reviews for HDFC Ergo General Insurance

Relationship Manager in Patna

Deputy Manager in Surat

Branch Manager in Mumbai

Sales Executive in Noida

Sales Officer in Noida

HDFC Ergo General Insurance Relationship Manager Salary FAQs

Tell us how to improve this page.

HDFC Ergo General Insurance Relationship Manager Salaries by Location