HDFC Ergo General Insurance Renewal Manager Salaries by 4 Employees (Updated 2024)

3 - 7 years exp.

₹2.8 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Renewal Manager Salary in Insurance Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Renewal Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
Sales & Business Development Renewal Manager Salary 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.2 L/yr
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Consulting Renewal Manager Salary 3 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 17 Dec 2024

Companies similar to HDFC Ergo General Insurance for Renewal Manager

Company name	Avg Annual Salary	Open Jobs
Reliance General Insurance Renewal Manager Salary 4 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹3.7 L/yr 2% less
Care Health Insurance Renewal Manager Salary 1 - 7 years exp. (81 salaries)	₹1.9 L/yr - ₹4.3 L/yr 13% less
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Niva Bupa Health Insurance Company Renewal Manager Salary 1 - 10 years exp. (3 salaries)	₹3.1 L/yr - ₹11 L/yr 154% more
Anuratan Capital Services Renewal Manager Salary 1 - 2 years exp. (5 salaries)	₹1.7 L/yr - ₹2.5 L/yr 33% less
ManipalCigna Health Insurance Renewal Manager Salary 3 - 8 years exp. (5 salaries)	₹2.9 L/yr - ₹3 L/yr 12% less

Renewal Manager salary at HDFC Ergo General Insurance ranges between ₹2.8 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Renewal Manager salaries

Last Updated: 17 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary

(898 salaries)

₹3 L/yr - ₹10.25 L/yr

Sales Manager Salary

(296 salaries)

₹2.2 L/yr - ₹7.7 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Branch Manager Salary

(207 salaries)

₹4.7 L/yr - ₹13.67 L/yr

Operations Manager Salary

(24 salaries)

₹2.25 L/yr - ₹9.55 L/yr

Relationship Manager Salary

(95 salaries)

₹1.85 L/yr - ₹6 L/yr

Team Lead Salary

(48 salaries)

₹2.5 L/yr - ₹5.43 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Service Engineer Salary

(3 salaries)

₹3.8 L/yr - ₹4.8 L/yr

Analyst Salary

(4 salaries)

₹5.1 L/yr - ₹12 L/yr

Top skills at HDFC Ergo General Insurance for Renewal Manager

Customer Retention retention management Collections Sales Retention

Salary related reviews for HDFC Ergo General Insurance

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.

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.

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 .

Customer Support Executive in Chennai

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.

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.

Operations Executive in Mumbai

Operations Department

4.0

• posted on 11 Oct 2020

4.0

for Salary and Benefits

Likes

This is my first corporate job in HDFC, and I'm still working, everything is good.

Dislikes

I'm working in this company from last 4 years, still I'm struggling to get on payroll, in pemdamic employees who are on company payroll get their bonus on time (April) and we still don't know anything about ours. at the end we come to know that company is in loss so third party payroll employees can't get bonus as well as increment this year. which is something I did not expected. Payroll employees got their bonus but at our time it's in loss, that's Sad.

Sales Executive in Hubli

BFSI, Investments & Trading Department

5.0

• posted on 05 Sep 2020

3.0

for Salary and Benefits

Likes

...e well..every 3months they will arrange trips.hdfc ergo we were like a family..they will provide on time salary and good bonus.. as a part of HDFC ERGO I personally enjoyed a lot

Dislikes

Nil

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Ergo General Insurance Renewal Manager Salary FAQs

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

Renewal Manager salary at HDFC Ergo General Insurance in India ranges between ₹2.8 Lakhs to ₹4.5 Lakhs for experience between 3 years to 7 years. According to our estimates it is 17% less than the average Renewal Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Renewal Manager at HDFC Ergo General Insurance is 17% less than the average salary of a Renewal Manager in India. To know exact salary insights, login to view.

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

Customer Retention, retention management, Collections, Sales and Retention are some of the popular skills required to work as a Renewal Manager at HDFC Ergo General Insurance India.

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

Niva Bupa Health Insurance Company Renewal Manager Salary - ₹3.1 Lakhs to ₹11.0 Lakhs per year

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

Reliance General Insurance Renewal Manager Salary - ₹2.9 Lakhs to ₹3.7 Lakhs per year
ManipalCigna Health Insurance Renewal Manager Salary - ₹2.9 Lakhs to ₹3.0 Lakhs per year
Care Health Insurance Renewal Manager Salary - ₹1.9 Lakhs to ₹4.3 Lakhs per year
Anuratan Capital Services Renewal Manager Salary - ₹1.7 Lakhs to ₹2.5 Lakhs per year

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

The estimated take-home salary of a Renewal Manager at HDFC Ergo General Insurance ranges between ₹23,908 per month to ₹25,363 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Renewal Manager salary in India which ranges between ₹2.8 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the HDFC Ergo General Insurance Renewal Managers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Renewal Manager Salaries

HDFC Ergo General Insurance Renewal Manager salary in India ranges between ₹2.8 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.