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HDFC Ergo General Insurance Renewal Executive salaries in Mumbai

Annual salary range
2 - 4 years exp.
₹1.8 Lakh - ₹3.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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6% less than the average Renewal Executive Salary in Insurance Companies for 2 - 4 years of experience

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Salaries in different departments

Finance & Accounting
Renewal Executive Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.5 L/yr

Customer Success, Service & Operations
Renewal Executive Salary
2 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.3 L/yr

Last Updated: 5 Sep 2024

Companies similar to HDFC Ergo General Insurance for Renewal Executive in Mumbai

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HDFC Ergo General Insurance Renewal Executive Salary

2 - 4 years exp. (4 salaries)

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₹1.8 L/yr - ₹3.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹2.5 L/yr

arrow icon 5% less
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 13% more
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₹2.4 L/yr - ₹3.1 L/yr

arrow icon 6% more
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Rediff.com Renewal Executive Salary

2 - 6 years exp. (5 salaries)

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₹3.8 L/yr - ₹4.8 L/yr

arrow icon 65% more
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₹2.9 L/yr - ₹4 L/yr

arrow icon 35% more
Renewal Executive salary at HDFC Ergo General Insurance ranges between ₹1.8 Lakh to ₹3.3 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Renewal Executive in Mumbai

7mo ago
₹1.8 Lakh
4 years exp.
1y ago
₹3.3 Lakhs
2 years exp.

Experience wise HDFC Ergo General Insurance Renewal Executive salaries in Mumbai

Last Updated: 5 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Sales Executive Salary
(53 salaries)
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₹1.45 L/yr - ₹3.75 L/yr
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₹1.8 L/yr - ₹3.5 L/yr
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₹1.5 L/yr - ₹4.5 L/yr
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₹1.8 L/yr - ₹4.13 L/yr
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₹2.52 L/yr - ₹5 L/yr
Team Lead Salary
(19 salaries)
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₹2.9 L/yr - ₹5 L/yr
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₹1.55 L/yr - ₹4 L/yr
MIS Executive Salary
(11 salaries)
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₹2 L/yr - ₹4.2 L/yr

Top skills at HDFC Ergo General Insurance for Renewal Executive

Cold Calling Field Work Telesales Retention Telecalling Lead Generation

Salary related reviews for HDFC Ergo General Insurance

3.7

Rated by 4 employees for salary & benefits

Finance & Accounting Department

3.0
  •  posted on 12 Jan 2022

3.0
 for  Salary and Benefits

Likes

Okay

Dislikes

...oyees good, no coordination at all and miscommunication also happens at times. Also I didn't receive full salary for the last month.

read more
  • Skill development - Poor
  • +3 more

BFSI, Investments & Trading Department

4.0
  •  posted on 02 Aug 2020

3.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I an a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada.

read more
  • Skill development - Good
  • +3 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometime, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals' unique strengths,

read more
  • Job security - Poor
  • +1 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

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

 · 

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
  • 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 .

read more
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HDFC Ergo General Insurance Renewal Executive Salary FAQs

What is the salary of Renewal Executive at HDFC Ergo General Insurance in Mumbai?
The average salary of a Renewal Executive at HDFC Ergo General Insurance in Mumbai typically ranges from ₹1.8 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Renewal Executive in Mumbai at HDFC Ergo General Insurance earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Renewal Executive 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 4 HDFC Ergo General Insurance employees in India.
What is the estimated take home salary of a Renewal Executive at HDFC Ergo General Insurance in Mumbai?
The estimated take-home salary of a Renewal Executive at HDFC Ergo General Insurance in Mumbai typically ranges from ₹18,340 to ₹20,028 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 2 years to 4 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 4 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 Renewal Executive at HDFC Ergo General Insurance in Mumbai?
To be a Renewal Executive at HDFC Ergo General Insurance in Mumbai, the key skills required include:

  • - Cold Calling
  • - Field Work
  • - Telesales
  • - Retention
  • - Telecalling

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 Renewal Executive in India?
Rediff.com ₹3.8 Lakhs to ₹4.8 Lakhs per year
SBI General Insurance ₹2.9 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Health Insurance Co ₹2.5 Lakhs to ₹3.5 Lakhs per year
Shivaami Cloud Services ₹2.4 Lakhs to ₹3.1 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 Renewal Executive in companies similar to HDFC Ergo General Insurance in Mumbai?
The salary of a Renewal Executive at companies similar to HDFC Ergo General Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance ₹2.0 Lakhs to ₹2.5 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 Renewal Executive at HDFC Ergo General Insurance in Mumbai?
The salary growth for a Renewal Executive at HDFC Ergo General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Renewal Executive in Mumbai can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
2 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years ₹2.3 Lakhs to ₹3.0 Lakhs per year
4 years ₹2.4 Lakhs to ₹3.0 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Ergo General Insurance Renewal Executive salary in Mumbai ranges between ₹1.8 Lakh to ₹3.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.